Kontron AG (WBO:KTN) Cyclically Adjusted PB Ratio: (As of Aug. 10, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:KTN Kontron AG WBO:KTN
89 GF Score
Price €22.30
GF Value €24.22
Valuation Fairly Valued
! 6 Warning Signs
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What is Kontron AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kontron AG  (WBO:KTN) 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.


Kontron AG Cyclically Adjusted PB Ratio Related Terms


Kontron AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kontron AG'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.

Kontron AG Cyclically Adjusted PB Ratio Chart

Kontron AG 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 3.67 3.13 3.62 2.86 2.90

Kontron AG 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 3.40 3.61 2.90 2.30 0.00

WBO:KTN vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Kontron AG'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.


Kontron AG Cyclically Adjusted PB Ratio vs Software Industry

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

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


WBO:KTN
89GF Score
Kontron AG WBO:KTN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kontron AG 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.

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

For example, Kontron AG'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)
=11.966/142.1600*142.1600
=11.966

Current CPI (Jun. 2026) = 142.1600.

Kontron AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.337 101.192 3.283
201612 3.148 102.092 4.384
201703 3.217 102.592 4.458
201706 3.227 102.991 4.454
201709 3.260 103.591 4.474
201712 4.809 104.291 6.555
201803 4.852 104.491 6.601
201806 4.857 105.091 6.570
201809 5.274 105.691 7.094
201812 5.386 106.291 7.204
201903 5.553 106.391 7.420
201906 5.415 106.791 7.208
201909 5.488 106.991 7.292
201912 5.707 108.091 7.506
202003 5.703 108.024 7.505
202006 5.774 107.915 7.606
202009 5.921 108.348 7.769
202012 6.252 109.321 8.130
202103 6.309 110.186 8.140
202106 5.939 110.943 7.610
202109 6.054 111.916 7.690
202112 6.578 113.971 8.205
202203 6.742 117.647 8.147
202206 6.765 120.567 7.977
202209 6.920 123.811 7.946
202212 9.961 125.541 11.280
202303 10.120 128.460 11.199
202306 9.469 130.191 10.340
202309 9.761 131.272 10.571
202312 9.785 132.570 10.493
202403 10.040 133.759 10.671
202406 9.569 134.083 10.145
202409 9.739 133.651 10.359
202412 10.303 135.273 10.828
202503 10.571 137.760 10.909
202506 10.958 138.517 11.246
202509 11.107 138.950 11.364
202512 11.817 140.350 11.969
202603 11.890 142.160 11.890
202606 11.966 142.160 11.966

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 Kontron AG (WBO:KTN) Overvalued in 2026?

Based on GuruFocus' analysis, Kontron AG stock appears to be undervalued. The current stock price of €22.30 is trading 7.9% below its estimated GF Value™ of €24.22. GuruFocus considers Kontron AG to be Fairly Valued.

Key valuation signals for WBO:KTN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €24.22 vs. price of €22.30 (7.9% below fair value)
  • GF Score™: 89/100 with 6 warning signs

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


Kontron AG Business Description

Other Exchanges KTNd:UK0L9J:UKKTN:Germany
Address Industriezeile 35, Linz, AUT, A-4020
Kontron AG is a IoT technology company. It supports companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to communications, connectivity, medical, and energy solutions, the company delivers technologies that add value for its customers. Its products and services include Single Board Computer, Motherboards, SOM, VME, VPX, CompactPCI, Power Supply, Embedded Box PC, Industrial Monitors, Panel PC, Workstations, Rack Mount Systems, Network Switching, 5G MPN Solutions, PiXtend & I/O Modules, Cloud Systems, Aircraft Computers, Defense Computers, IoT Solutions, Industrial Software, Transportation Solutions, AI & Security, Safety & Control, Windows IoT Licensing, among others.
89GF Score

Get the complete analysis for WBO:KTN

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

€22.30
Price
€24.22
GF Value