Kaiser Aluminum (STU:KLU1) Cyclically Adjusted PB Ratio: 2.71 (As of Aug. 21, 2026) — 59% Above Median

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STU:KLU1 Kaiser Aluminum Corp STU:KLU1
71 GF Score
Price €128.00
GF Value €87.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kaiser Aluminum Cyclically Adjusted PB Ratio?

Kaiser Aluminum STU:KLU1 -3.76% 71 Cyclically Adjusted PB Ratio is 2.71 as of Aug. 21, 2026, which is 59% above its 10-year median of 1.70. GuruFocus rates STU:KLU1 with a GF Score™ of 71/100 and a GF Value™ of €87.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,516 Metals & Mining companies, Kaiser Aluminum ranks worse than 64.31% on this metric.

As of today (2026-08-21), Kaiser Aluminum's current share price is €128.00. Kaiser Aluminum's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €47.26. Kaiser Aluminum's Cyclically Adjusted PB Ratio for today is 2.71.

The historical rank and industry rank for Kaiser Aluminum's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:KLU1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.7   Max: 3.54
Current: 2.78

During the past years, Kaiser Aluminum's highest Cyclically Adjusted PB Ratio was 3.54. The lowest was 0.95. And the median was 1.70.

STU:KLU1's Cyclically Adjusted PB Ratio is ranked worse than
64.31% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.51 vs STU:KLU1: 2.78

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.

Kaiser Aluminum's adjusted book value per share data for the three months ended in Jun. 2026 was €50.108. 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 €47.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaiser Aluminum  (STU:KLU1) 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.


Kaiser Aluminum Cyclically Adjusted PB Ratio Related Terms


Kaiser Aluminum Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Cyclically Adjusted PB Ratio Chart

Kaiser Aluminum 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 1.69 1.34 1.30 1.33 2.17

Kaiser Aluminum 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 1.50 1.45 2.17 2.24 3.60

STU:KLU1 vs CSTM, CENX, AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Kaiser Aluminum'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.


Kaiser Aluminum Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:KLU1
71GF Score
Kaiser Aluminum Corp STU:KLU1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaiser Aluminum 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.

Kaiser Aluminum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=128.00/47.26
=2.71

* 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.

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

For example, Kaiser Aluminum'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)
=50.108/333.9520*333.9520
=50.108

Current CPI (Jun. 2026) = 333.9520.

Kaiser Aluminum Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.471 241.428 55.981
201612 43.219 241.432 59.781
201703 43.204 243.801 59.180
201706 40.430 244.955 55.119
201709 38.890 246.819 52.619
201712 37.595 246.524 50.928
201803 36.416 249.554 48.732
201806 39.087 251.989 51.801
201809 39.491 252.439 52.243
201812 40.087 251.233 53.286
201903 41.022 254.202 53.892
201906 41.205 256.143 53.722
201909 42.907 256.759 55.807
201912 41.625 256.974 54.094
202003 41.330 258.115 53.473
202006 40.368 257.797 52.293
202009 38.622 260.280 49.554
202012 38.074 260.474 48.814
202103 38.958 264.877 49.118
202106 37.716 271.696 46.358
202109 38.634 274.310 47.034
202112 38.630 278.802 46.271
202203 40.433 287.504 46.965
202206 38.620 296.311 43.526
202209 40.676 296.808 45.766
202212 37.379 296.797 42.058
202303 37.164 301.836 41.118
202306 36.780 305.109 40.257
202309 37.488 307.789 40.675
202312 37.342 306.746 40.654
202403 38.098 312.332 40.735
202406 38.230 314.175 40.637
202409 37.355 315.301 39.565
202412 44.089 315.605 46.652
202503 43.335 319.799 45.253
202506 41.587 322.561 43.056
202509 42.379 324.800 43.573
202512 43.522 324.054 44.851
202603 46.442 330.213 46.968
202606 50.108 333.952 50.108

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 2.71 mean?
Kaiser Aluminum (STU:KLU1) has a Cyclically Adjusted PB Ratio of 2.71 as of Aug. 21, 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 Kaiser Aluminum and its competitors. This is 59% above median its historical median of 1.70. Over the past decade, Kaiser Aluminum's Cyclically Adjusted PB Ratio has ranged from 0.95 to 3.54. According to the industry distribution chart, Kaiser Aluminum ranks #975 out of 1516 companies in the Metals & Mining industry, placing it in the top 64.3%.
Is Kaiser Aluminum's Cyclically Adjusted PB Ratio too high?
Kaiser Aluminum's current Cyclically Adjusted PB Ratio of 2.71 is 59% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.54. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Kaiser Aluminum's value of 2.71 is 79.5% above this industry median. Based on the distribution chart, Kaiser Aluminum ranks #975 out of 1516 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Kaiser Aluminum has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaiser Aluminum's Cyclically Adjusted PB Ratio compare to CSTM and CENX?
According to the Metals & Mining industry distribution chart, Kaiser Aluminum ranks #975 out of 1516 companies for Cyclically Adjusted PB Ratio. This places Kaiser Aluminum in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Kaiser Aluminum's value of 2.71 is 79.5% above this benchmark. Historically, Kaiser Aluminum's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 3.54 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.51, Kaiser Aluminum 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.51, based on 1,516 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. Kaiser Aluminum's current Cyclically Adjusted PB Ratio of 2.71 is 79.5% 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 Kaiser Aluminum and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaiser Aluminum's current Cyclically Adjusted PB Ratio is 2.71, which is 59% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaiser Aluminum stock overvalued right now?
Based on GuruFocus' analysis, Kaiser Aluminum (STU:KLU1) is currently considered Significantly Overvalued. The stock's GF Value™ is €87.36, compared to a current price of €128.00 — trading 46.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.71, which is 59% above median its 10-year median of 1.70 and 79.5% above the Metals & Mining industry median of 1.51. Kaiser Aluminum's overall GF Score™ is 71/100 with 2 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 Kaiser Aluminum (STU:KLU1), the current Cyclically Adjusted PB Ratio is 2.71 as of Aug. 21, 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 Kaiser Aluminum (STU:KLU1) Overvalued in 2026?

Based on GuruFocus' analysis, Kaiser Aluminum stock appears to be overvalued. The current stock price of €128.00 is trading 46.5% above its estimated GF Value™ of €87.36. GuruFocus considers Kaiser Aluminum to be Significantly Overvalued.

Key valuation signals for STU:KLU1:

  • Cyclically Adjusted PB Ratio: 2.71 (59% above median its 10-year median of 1.70)
  • GF Value™: €87.36 vs. price of €128.00 (46.5% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 79.5% above the Metals & Mining median (#975 of 1516)

No single metric tells the full story. See the STU:KLU1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaiser Aluminum Business Description

Other Exchanges KALU:USA
Address 1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp specializes in the production of semi-fabricated specialty aluminum mill products, such as aluminum plate and sheet, bare and coated coil and extruded and drawn products, for the end market applications: Aero/HS Products; Packaging; GE Products; and Automotive Extrusions. Its products include fabricated aluminum mill products such as flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. Geographically, the company generates majority of its revenue from the United States.
71GF Score

Get the complete analysis for STU:KLU1

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

€128.00
Price
€87.36
GF Value