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KBJ (WAR:KBJ) Cyclically Adjusted PB Ratio : 0.44 (As of Jun. 02, 2025)


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What is KBJ Cyclically Adjusted PB Ratio?

As of today (2025-06-02), KBJ's current share price is zł24.50. KBJ's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was zł55.81. KBJ's Cyclically Adjusted PB Ratio for today is 0.44.

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

WAR:KBJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 2.78   Max: 4.09
Current: 0.44

During the past years, KBJ's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 0.40. And the median was 2.78.

WAR:KBJ's Cyclically Adjusted PB Ratio is ranked better than
89.35% of 1436 companies
in the Software industry
Industry Median: 2.705 vs WAR:KBJ: 0.44

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.

KBJ's adjusted book value per share data for the three months ended in Mar. 2025 was zł1,897.680. 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 zł55.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


KBJ Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KBJ'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.

* Premium members only.

KBJ Cyclically Adjusted PB Ratio Chart

KBJ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.14 3.10 2.37

KBJ Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 2.37 2.78 3.32 2.66 0.48

Competitive Comparison of KBJ's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, KBJ'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.


KBJ's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, KBJ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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KBJ 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.

KBJ's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.50/55.81
=0.44

* 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.

KBJ's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, KBJ's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1897.68/157.0208*157.0208
=1,897.680

Current CPI (Mar. 2025) = 157.0208.

KBJ Quarterly Data

Book Value per Share CPI Adj_Book
201503 2.443 100.041 3.834
201506 2.425 100.448 3.791
201509 2.238 99.634 3.527
201512 2.869 99.471 4.529
201603 2.585 98.983 4.101
201606 2.705 99.552 4.267
201609 2.754 99.064 4.365
201612 3.640 100.366 5.695
201703 3.341 101.018 5.193
201706 4.337 101.180 6.731
201709 3.628 101.343 5.621
201712 4.816 102.564 7.373
201803 4.440 102.564 6.797
201806 3.713 103.378 5.640
201809 3.433 103.378 5.214
201812 4.731 103.785 7.158
201903 4.454 104.274 6.707
201906 4.768 105.983 7.064
201909 3.743 105.983 5.546
201912 5.238 107.123 7.678
202003 5.506 109.076 7.926
202006 4.811 109.402 6.905
202009 4.788 109.320 6.877
202012 7.768 109.565 11.133
202103 7.668 112.658 10.688
202106 8.060 113.960 11.106
202109 8.829 115.588 11.994
202112 9.537 119.088 12.575
202203 10.266 125.031 12.893
202206 9.887 131.705 11.787
202209 9.403 135.531 10.894
202212 12.664 139.113 14.294
202303 11.405 145.950 12.270
202306 10.002 147.009 10.683
202309 9.306 146.113 10.001
202312 14.487 147.741 15.397
202403 14.595 149.044 15.376
202406 15.861 150.997 16.494
202409 14.435 153.439 14.772
202503 1,897.680 157.021 1,897.680

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.


KBJ  (WAR:KBJ) 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.


KBJ Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of KBJ's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KBJ Business Description

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Address
Ulica Broniewskiego 3, Warsaw, POL, 01-785
KBJ SA is engaged in providing implementation and consulting services as well as building dedicated IT solutions that are compliant with individual customer needs. The company services include Business Intelligence & Big Data, SAP Development, ERP S/4 HANA, SAP application service, e-Drugs, E-JPK, HR Cloud Portal and Research & Development.

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