Kri-Kri Milk Industry (STU:AO2) Cyclically Adjusted PB Ratio: 10.39 (As of Jun. 26, 2026) — 107% Above Median


STU:AO2 Kri-Kri Milk Industry SA STU:AO2
97 GF Score
Price €29.40
GF Value €20.68
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kri-Kri Milk Industry Cyclically Adjusted PB Ratio?

Kri-Kri Milk Industry STU:AO2 +0.51% 97 Cyclically Adjusted PB Ratio is 10.39 as of Jun. 26, 2026, which is 107% above its 10-year median of 5.02. GuruFocus rates STU:AO2 with a GF Score™ of 97/100 and a GF Value™ of €20.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, Kri-Kri Milk Industry ranks worse than 95.44% on this metric.

As of today (2026-06-26), Kri-Kri Milk Industry's current share price is €29.40. Kri-Kri Milk Industry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.83. Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio for today is 10.39.

The historical rank and industry rank for Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:AO2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.66   Med: 5.02   Max: 10.1
Current: 10.1

During the past years, Kri-Kri Milk Industry's highest Cyclically Adjusted PB Ratio was 10.10. The lowest was 2.66. And the median was 5.02.

STU:AO2's Cyclically Adjusted PB Ratio is ranked worse than
95.44% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 1.23 vs STU:AO2: 10.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kri-Kri Milk Industry's adjusted book value per share data for the three months ended in Mar. 2026 was €4.911. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €2.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kri-Kri Milk Industry  (STU:AO2) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Kri-Kri Milk Industry Cyclically Adjusted PB Ratio Related Terms


Kri-Kri Milk Industry Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kri-Kri Milk Industry Cyclically Adjusted PB Ratio Chart

Kri-Kri Milk Industry Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.29 4.51 6.15 6.76

Kri-Kri Milk Industry Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 7.19 6.61 6.76 7.39

STU:AO2 vs KHC, GIS, JBS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kri-Kri Milk Industry Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio falls into.


STU:AO2
97GF Score
Kri-Kri Milk Industry SA STU:AO2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kri-Kri Milk Industry Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.40/2.83
=10.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kri-Kri Milk Industry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kri-Kri Milk Industry's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.911/122.4494*122.4494
=4.911

Current CPI (Mar. 2026) = 122.4494.

Kri-Kri Milk Industry Quarterly Data

Book Value per Share CPI Adj_Book
201512 1.238 100.087 1.515
201606 1.287 100.121 1.574
201612 1.367 100.110 1.672
201703 0.000 100.770 0.000
201706 1.425 101.138 1.725
201709 0.000 100.882 0.000
201712 1.497 100.762 1.819
201803 1.544 100.534 1.881
201806 1.720 102.121 2.062
201809 1.702 101.982 2.044
201812 1.689 101.330 2.041
201903 1.756 101.482 2.119
201906 1.919 101.837 2.307
201909 1.915 101.906 2.301
201912 1.999 102.120 2.397
202003 2.080 101.479 2.510
202006 2.274 100.239 2.778
202009 2.245 99.886 2.752
202012 2.304 99.751 2.828
202103 2.381 99.817 2.921
202106 2.598 101.270 3.141
202109 2.555 102.095 3.064
202112 2.506 104.853 2.927
202203 2.516 108.651 2.836
202206 2.626 113.517 2.833
202209 2.489 114.371 2.665
202212 2.393 112.428 2.606
202303 2.599 113.620 2.801
202306 3.038 115.515 3.220
202309 3.110 116.234 3.276
202312 3.173 116.364 3.339
202403 3.374 117.285 3.523
202406 3.975 118.129 4.120
202409 3.929 119.650 4.021
202412 3.864 119.360 3.964
202503 4.082 120.133 4.161
202506 4.462 121.399 4.501
202509 4.413 121.946 4.431
202512 4.490 122.449 4.490
202603 4.911 122.449 4.911

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 10.39 mean?
Kri-Kri Milk Industry (STU:AO2) has a Cyclically Adjusted PB Ratio of 10.39 as of Jun. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kri-Kri Milk Industry and its competitors. This is 107% above median its historical median of 5.02. Over the past decade, Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio has ranged from 2.66 to 10.10. According to the industry distribution chart, Kri-Kri Milk Industry ranks #1380 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 95.4%.
Is Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio too high?
Kri-Kri Milk Industry's current Cyclically Adjusted PB Ratio of 10.39 is 107% above median its 10-year median of 5.02. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 10.10. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.23. Kri-Kri Milk Industry's value of 10.39 is 744.7% above this industry median. Based on the distribution chart, Kri-Kri Milk Industry ranks #1380 out of 1446 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Kri-Kri Milk Industry has a GF Score™ of 97/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kri-Kri Milk Industry's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kri-Kri Milk Industry ranks #1380 out of 1446 companies for Cyclically Adjusted PB Ratio. This places Kri-Kri Milk Industry in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Kri-Kri Milk Industry's value of 10.39 is 744.7% above this benchmark. Historically, Kri-Kri Milk Industry's own Cyclically Adjusted PB Ratio has ranged from 2.66 to 10.10 over the past decade. While the company's 10-year median is 5.02 vs. the industry median of 1.23, Kri-Kri Milk Industry has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.23, based on 1,446 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kri-Kri Milk Industry's current Cyclically Adjusted PB Ratio of 10.39 is 744.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kri-Kri Milk Industry and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kri-Kri Milk Industry's current Cyclically Adjusted PB Ratio is 10.39, which is 107% above median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kri-Kri Milk Industry stock overvalued right now?
Based on GuruFocus' analysis, Kri-Kri Milk Industry (STU:AO2) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.68, compared to a current price of €29.40 — trading 42.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.39, which is 107% above median its 10-year median of 5.02 and 744.7% above the Consumer Packaged Goods industry median of 1.23. Kri-Kri Milk Industry's overall GF Score™ is 97/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Kri-Kri Milk Industry (STU:AO2), the current Cyclically Adjusted PB Ratio is 10.39 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kri-Kri Milk Industry (STU:AO2) Overvalued in 2026?

Based on GuruFocus' analysis, Kri-Kri Milk Industry stock appears to be overvalued. The current stock price of €29.40 is trading 42.2% above its estimated GF Value™ of €20.68. GuruFocus considers Kri-Kri Milk Industry to be Significantly Overvalued.

Key valuation signals for STU:AO2:

  • Cyclically Adjusted PB Ratio: 10.39 (107% above median its 10-year median of 5.02)
  • GF Value™: €20.68 vs. price of €29.40 (42.2% above fair value)
  • GF Score™: 97/100 with 7 warning signs
  • Industry Position: 744.7% above the Consumer Packaged Goods median (#1380 of 1446)

No single metric tells the full story. See the STU:AO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kri-Kri Milk Industry Business Description

Other Exchanges KRI:Greece0QG6:UK
Address 3rd km Serres-Drama National Road, Serres, GRC, 62125
Kri-Kri Milk Industry SA is engaged in the production of dairy products. Its products include yogurt, ice cream, Gluten-free, and milk. The company's segments are classified into Ice-cream - Greece and other Countries and Dairy-Yogurt - Greece and other Countries. The majority of the revenue is generated from the Dairy-Yogurt segment and geographically from Greece.
97GF Score

Get the complete analysis for STU:AO2

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.40
Price
€20.68
GF Value