KGL (WAR:KGL) Cyclically Adjusted PB Ratio: 0.46 (As of Jul. 23, 2026) — 21% Below Median

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WAR:KGL KGL SA WAR:KGL
63 GF Score
Price zł10.20
GF Value zł14.04
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is KGL Cyclically Adjusted PB Ratio?

KGL WAR:KGL 63 Cyclically Adjusted PB Ratio is 0.46 as of Jul. 23, 2026, which is 21% below its 10-year median of 0.58. GuruFocus rates WAR:KGL with a GF Score™ of 63/100 and a GF Value™ of zł14.04 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,273 Chemicals companies, KGL ranks better than 90.02% on this metric.

As of today (2026-07-23), KGL's current share price is zł10.20. KGL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł22.15. KGL's Cyclically Adjusted PB Ratio for today is 0.46.

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

WAR:KGL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.58   Max: 0.71
Current: 0.46

During the past years, KGL's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.44. And the median was 0.58.

WAR:KGL's Cyclically Adjusted PB Ratio is ranked better than
90.02% of 1273 companies
in the Chemicals industry
Industry Median: 1.65 vs WAR:KGL: 0.46

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.

KGL's adjusted book value per share data for the three months ended in Mar. 2026 was zł14.523. 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 zł22.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KGL  (WAR:KGL) 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.


KGL Cyclically Adjusted PB Ratio Related Terms


KGL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KGL'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.

KGL Cyclically Adjusted PB Ratio Chart

KGL 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 0.00 0.00 0.70 0.51

KGL 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 0.66 0.69 0.61 0.51 0.44

WAR:KGL vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, KGL'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.


KGL Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, KGL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:KGL
63GF Score
KGL SA WAR:KGL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KGL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.20/22.15
=0.46

* 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.

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

For example, KGL'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)
=14.523/163.0700*163.0700
=14.523

Current CPI (Mar. 2026) = 163.0700.

KGL Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.954 99.552 13.029
201609 8.117 99.064 13.361
201612 13.160 100.366 21.382
201703 13.911 101.018 22.456
201706 14.165 101.180 22.829
201709 14.547 101.343 23.407
201712 15.089 102.564 23.990
201803 15.362 102.564 24.425
201806 15.190 103.378 23.961
201809 15.477 103.378 24.414
201812 15.739 103.785 24.730
201903 16.040 104.274 25.084
201906 16.395 105.983 25.226
201909 16.763 105.983 25.792
201912 17.298 107.123 26.332
202003 17.466 109.076 26.112
202006 17.763 109.402 26.477
202009 18.408 109.320 27.459
202012 18.513 109.565 27.554
202103 18.950 112.658 27.430
202106 19.291 113.960 27.604
202109 19.042 115.588 26.864
202112 18.955 119.088 25.955
202203 18.514 125.031 24.147
202206 18.684 131.705 23.133
202209 16.911 135.531 20.347
202212 16.588 139.113 19.445
202303 17.212 145.950 19.231
202306 17.909 147.009 19.866
202309 17.997 146.113 20.086
202312 19.176 147.741 21.166
202403 19.661 149.044 21.511
202406 18.948 150.997 20.463
202409 18.629 153.439 19.798
202412 18.126 154.660 19.112
202503 18.059 157.021 18.755
202506 16.631 157.509 17.218
202509 15.821 158.000 16.329
202512 14.508 158.320 14.943
202603 14.523 163.070 14.523

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 0.46 mean?
KGL (WAR:KGL) has a Cyclically Adjusted PB Ratio of 0.46 as of Jul. 23, 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 KGL and its competitors. This is 21% below median its historical median of 0.58. Over the past decade, KGL's Cyclically Adjusted PB Ratio has ranged from 0.44 to 0.71. According to the industry distribution chart, KGL ranks #127 out of 1273 companies in the Chemicals industry, placing it in the top 10%.
Is KGL's Cyclically Adjusted PB Ratio too high?
KGL's current Cyclically Adjusted PB Ratio of 0.46 is 21% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.71. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. KGL's value of 0.46 is 72.1% below this industry median. Based on the distribution chart, KGL ranks #127 out of 1273 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, KGL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KGL's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, KGL ranks #127 out of 1273 companies for Cyclically Adjusted PB Ratio. This places KGL in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.65. KGL's value of 0.46 is 72.1% below this benchmark. Historically, KGL's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 0.71 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.65, KGL has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,273 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. KGL's current Cyclically Adjusted PB Ratio of 0.46 is 72.1% below 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 KGL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KGL's current Cyclically Adjusted PB Ratio is 0.46, which is 21% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGL stock overvalued right now?
Based on GuruFocus' analysis, KGL (WAR:KGL) is currently considered Modestly Undervalued. The stock's GF Value™ is zł14.04, compared to a current price of zł10.20 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 21% below median its 10-year median of 0.58 and 72.1% below the Chemicals industry median of 1.65. KGL's overall GF Score™ is 63/100 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 KGL (WAR:KGL), the current Cyclically Adjusted PB Ratio is 0.46 as of Jul. 23, 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 KGL (WAR:KGL) Overvalued in 2026?

Based on GuruFocus' analysis, KGL stock appears to be undervalued. The current stock price of zł10.20 is trading 27.4% below its estimated GF Value™ of zł14.04. GuruFocus considers KGL to be Modestly Undervalued.

Key valuation signals for WAR:KGL:

  • Cyclically Adjusted PB Ratio: 0.46 (21% below median its 10-year median of 0.58)
  • GF Value™: zł14.04 vs. price of zł10.20 (27.4% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 72.1% below the Chemicals median (#127 of 1273)

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


KGL Business Description

Address ul. Gen. Wladyslawa Sikorskiego 17, Klaudyn, Izabelin, POL, 05-080
KGL SA is a supplier of granules of thermoplastics and food packaging made of plastics, produced in thermoforming technology. The company's products include Styrene plastics, Polyolefins, Technical plastics, Special plastics, Elastomers, Dyes and modifiers and Plastic packaging.
63GF Score

Get the complete analysis for WAR:KGL

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

zł10.20
Price
zł14.04
GF Value