Kadant (STU:KDA) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:KDA Kadant Inc STU:KDA
92 GF Score
Price €230.00
GF Value €309.33
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kadant Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kadant  (STU:KDA) 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.


Kadant Cyclically Adjusted PB Ratio Related Terms


Kadant Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kadant'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.

Kadant Cyclically Adjusted PB Ratio Chart

Kadant 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 - 4.79 6.39 7.38 4.84

Kadant Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.75 5.30 5.03 4.95 5.29

STU:KDA vs MIR, SXI, MWA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kadant'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.


Kadant Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kadant's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kadant's Cyclically Adjusted PB Ratio falls into.


STU:KDA
92GF Score
Kadant Inc STU:KDA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kadant 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.

Kadant's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kadant's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=76.566/333.9520*333.9520
=76.566

Current CPI (Jun. 2026) = 333.9520.

Kadant Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.580 241.428 32.617
201612 24.642 241.432 34.085
201703 25.097 243.801 34.377
201706 24.806 244.955 33.819
201709 25.428 246.819 34.405
201712 25.149 246.524 34.068
201803 25.311 249.554 33.871
201806 26.375 251.989 34.954
201809 27.784 252.439 36.756
201812 29.493 251.233 39.204
201903 30.445 254.202 39.996
201906 31.252 256.143 40.745
201909 33.109 256.759 43.063
201912 33.348 256.974 43.338
202003 33.713 258.115 43.618
202006 34.104 257.797 44.179
202009 34.249 260.280 43.943
202012 35.185 260.474 45.110
202103 37.061 264.877 46.726
202106 38.675 271.696 47.537
202109 40.470 274.310 49.269
202112 42.801 278.802 51.267
202203 46.230 287.504 53.699
202206 49.718 296.311 56.034
202209 53.342 296.808 60.017
202212 52.617 296.797 59.204
202303 53.818 301.836 59.544
202306 55.831 305.109 61.109
202309 59.211 307.789 64.244
202312 60.018 306.746 65.341
202403 62.667 312.332 67.005
202406 65.017 314.175 69.110
202409 65.819 315.301 69.712
202412 70.552 315.605 74.653
202503 69.697 319.799 72.782
202506 67.798 322.561 70.192
202509 69.477 324.800 71.435
202512 71.580 324.054 73.766
202603 73.951 330.213 74.788
202606 76.566 333.952 76.566

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.

Is Kadant (STU:KDA) Overvalued in 2026?

Based on GuruFocus' analysis, Kadant stock appears to be undervalued. The current stock price of €230.00 is trading 25.6% below its estimated GF Value™ of €309.33. GuruFocus considers Kadant to be Modestly Undervalued.

Key valuation signals for STU:KDA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €309.33 vs. price of €230.00 (25.6% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Kadant Business Description

Other Exchanges KAI:USA
Address One Technology Park Drive, Westford, MA, USA, 01886
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are the Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; the Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a geographic presence in the U.S., China, Asia, Germany, Canada, and Others.
92GF Score

Get the complete analysis for STU:KDA

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

€230.00
Price
€309.33
GF Value