Kimberly-Clark (WBO:KMBC) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

WBO:KMBC Kimberly-Clark Corp WBO:KMBC
69 GF Score
Price €94.49
GF Value €106.95
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kimberly-Clark Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimberly-Clark  (WBO:KMBC) 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.


Kimberly-Clark Cyclically Adjusted PB Ratio Related Terms


Kimberly-Clark Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kimberly-Clark'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.

Kimberly-Clark Cyclically Adjusted PB Ratio Chart

Kimberly-Clark 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 31.27 41.36 60.61 117.28 67.90

Kimberly-Clark 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 102.70 91.47 67.90 58.86 0.00

WBO:KMBC vs KVUE, EL, CHD: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Kimberly-Clark'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.


Kimberly-Clark Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kimberly-Clark's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WBO:KMBC
69GF Score
Kimberly-Clark Corp WBO:KMBC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kimberly-Clark 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.

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

For example, Kimberly-Clark'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)
=4.576/333.9520*333.9520
=4.576

Current CPI (Jun. 2026) = 333.9520.

Kimberly-Clark Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.743 241.428 1.028
201612 -0.271 241.432 -0.375
201703 0.358 243.801 0.490
201706 0.257 244.955 0.350
201709 0.618 246.819 0.836
201712 1.514 246.524 2.051
201803 0.735 249.554 0.984
201806 -0.140 251.989 -0.186
201809 -0.329 252.439 -0.435
201812 -0.731 251.233 -0.972
201903 -0.785 254.202 -1.031
201906 -0.458 256.143 -0.597
201909 -0.373 256.759 -0.485
201912 -0.087 256.974 -0.113
202003 -0.443 258.115 -0.573
202006 0.698 257.797 0.904
202009 0.836 260.280 1.073
202012 1.519 260.474 1.947
202103 1.289 264.877 1.625
202106 1.291 271.696 1.587
202109 1.197 274.310 1.457
202112 1.351 278.802 1.618
202203 1.900 287.504 2.207
202206 1.662 296.311 1.873
202209 1.308 296.808 1.472
202212 1.530 296.797 1.722
202303 1.990 301.836 2.202
202306 1.365 305.109 1.494
202309 1.885 307.789 2.045
202312 2.490 306.746 2.711
202403 2.852 312.332 3.049
202406 3.132 314.175 3.329
202409 3.472 315.301 3.677
202412 2.418 315.605 2.559
202503 3.069 319.799 3.205
202506 3.320 322.561 3.437
202509 3.420 324.800 3.516
202512 3.865 324.054 3.983
202603 4.680 330.213 4.733
202606 4.576 333.952 4.576

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 Kimberly-Clark (WBO:KMBC) Overvalued in 2026?

Based on GuruFocus' analysis, Kimberly-Clark stock appears to be undervalued. The current stock price of €94.49 is trading 11.7% below its estimated GF Value™ of €106.95. GuruFocus considers Kimberly-Clark to be Modestly Undervalued.

Key valuation signals for WBO:KMBC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €106.95 vs. price of €94.49 (11.7% below fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Kimberly-Clark Business Description

Address P.O. Box 619100, Dallas, TX, USA, 75261-9100
With more than half of its sales from personal care and another third from consumer tissue products, Kimberly-Clark is a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates in the professional segment, partnering with businesses to provide workplace safety and sanitation solutions. Kimberly-Clark generates just over half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America. It is slated to add Kenvue's consumer health portfolio to its mix in the second half of calendar year 2026.
69GF Score

Get the complete analysis for WBO:KMBC

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

€94.49
Price
€106.95
GF Value