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Klon (WAR:KLN) Cyclically Adjusted PB Ratio : 1.34 (As of May. 20, 2024)


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What is Klon Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Klon's current share price is zł1.59. Klon's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł1.19. Klon's Cyclically Adjusted PB Ratio for today is 1.34.

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

WAR:KLN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.38   Max: 1.67
Current: 1.3

During the past years, Klon's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.98. And the median was 1.38.

WAR:KLN's Cyclically Adjusted PB Ratio is ranked worse than
66.97% of 218 companies
in the Forest Products industry
Industry Median: 0.89 vs WAR:KLN: 1.30

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.

Klon's adjusted book value per share data for the three months ended in Sep. 2023 was zł0.359. 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 zł1.19 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Klon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Klon'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.

Klon Cyclically Adjusted PB Ratio Chart

Klon Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.44 1.54

Klon Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.57 1.54 1.49 1.43 1.48

Competitive Comparison of Klon's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Klon'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.


Klon's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

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



Klon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.59/1.19
=1.34

* 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.

Klon's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Klon's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.359/146.1131*146.1131
=0.359

Current CPI (Sep. 2023) = 146.1131.

Klon Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.871 101.018 1.260
201403 0.880 101.262 1.270
201406 0.890 101.180 1.285
201409 0.900 100.611 1.307
201412 0.924 100.122 1.348
201503 0.910 100.041 1.329
201506 0.901 100.448 1.311
201509 0.909 99.634 1.333
201512 0.902 99.471 1.325
201603 0.917 98.983 1.354
201606 0.931 99.552 1.366
201609 0.945 99.064 1.394
201612 0.951 100.366 1.384
201703 0.963 101.018 1.393
201706 0.965 101.180 1.394
201709 0.970 101.343 1.399
201712 1.087 102.564 1.549
201803 1.120 102.564 1.596
201806 1.135 103.378 1.604
201809 1.140 103.378 1.611
201812 1.108 103.785 1.560
201903 1.000 104.274 1.401
201906 1.013 105.983 1.397
201909 1.015 105.983 1.399
201912 1.022 107.123 1.394
202003 1.194 109.076 1.599
202006 1.018 109.402 1.360
202009 1.033 109.320 1.381
202012 0.997 109.565 1.330
202103 1.044 112.658 1.354
202106 1.029 113.960 1.319
202109 1.035 115.588 1.308
202112 0.337 119.088 0.413
202203 0.340 125.031 0.397
202206 0.351 131.705 0.389
202209 0.358 135.531 0.386
202212 0.357 139.113 0.375
202303 0.365 145.950 0.365
202306 0.361 147.009 0.359
202309 0.359 146.113 0.359

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.


Klon  (WAR:KLN) 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.


Klon Cyclically Adjusted PB Ratio Related Terms

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


Klon (WAR:KLN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nowa Swieta 78, Zlotow, POL, 77-400
Klon SA is engaged in producing and supplying beech, oak, birch and alder non-cut off and cut off timber products. The company also provides tri, multilayer and micro-insert deciduous board products and upholstered furniture and carved elements. It sells products in Poland and the rest of the world.

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