Komunalac a.d (XBLB:KMBJ-R-A) Cyclically Adjusted PB Ratio: 0.35 (As of Jul. 09, 2026) — Near Median


What is Komunalac a.d Cyclically Adjusted PB Ratio?

Komunalac a.d XBLB:KMBJ-R-A Cyclically Adjusted PB Ratio is 0.35 as of Jul. 09, 2026, which is 3% above its 10-year median of 0.34. The stock has 4 warning signs investors should review.

As of today (2026-07-09), Komunalac a.d's current share price is BAM1.00. Komunalac a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was BAM2.89. Komunalac a.d's Cyclically Adjusted PB Ratio for today is 0.35.

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

XBLB:KMBJ-R-A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.34   Max: 0.35
Current: 0.35

During the past 13 years, Komunalac a.d's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.33. And the median was 0.34.

XBLB:KMBJ-R-A's Cyclically Adjusted PB Ratio is not ranked
in the Waste Management industry.
Industry Median: 1.66 vs XBLB:KMBJ-R-A: 0.35

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.

Komunalac a.d's adjusted book value per share data of for the fiscal year that ended in Dec25 was BAM2.298. 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 BAM2.89 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komunalac a.d  (XBLB:KMBJ-R-A) 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.


Komunalac a.d Cyclically Adjusted PB Ratio Related Terms


Komunalac a.d Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Komunalac a.d'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.

Komunalac a.d Cyclically Adjusted PB Ratio Chart

Komunalac a.d 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 0.34 0.33 0.33 0.34 0.35

Komunalac a.d Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.33 0.33 0.34 0.35

XBLB:KMBJ-R-A vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Komunalac a.d'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.


Komunalac a.d Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Komunalac a.d's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Komunalac a.d 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.

Komunalac a.d's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/2.89
=0.35

* 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.

Komunalac a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Komunalac a.d's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=2.298/324.0540*324.0540
=2.298

Current CPI (Dec25) = 324.0540.

Komunalac a.d Annual Data

Book Value per Share CPI Adj_Book
201612 2.633 241.432 3.534
201712 2.639 246.524 3.469
201812 2.648 251.233 3.416
201912 2.631 256.974 3.318
202012 2.295 260.474 2.855
202112 2.339 278.802 2.719
202212 2.348 296.797 2.564
202312 2.244 306.746 2.371
202412 2.272 315.605 2.333
202512 2.298 324.054 2.298

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 0.35 mean?
Komunalac a.d (XBLB:KMBJ-R-A) has a Cyclically Adjusted PB Ratio of 0.35 as of Jul. 09, 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 Komunalac a.d and its competitors. This is near median its historical median of 0.34. Over the past decade, Komunalac a.d's Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.35.
Is Komunalac a.d's Cyclically Adjusted PB Ratio too high?
Komunalac a.d's current Cyclically Adjusted PB Ratio of 0.35 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.35. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.66. Komunalac a.d's value of 0.35 is 78.9% below this industry median.
How does Komunalac a.d's Cyclically Adjusted PB Ratio compare to WM and RSG?
Komunalac a.d's Cyclically Adjusted PB Ratio of 0.35 can be compared against companies in the Waste Management industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Komunalac a.d's value of 0.35 is 78.9% below this benchmark. Historically, Komunalac a.d's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.35 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.66, Komunalac a.d 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.66, based on 163 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. Komunalac a.d's current Cyclically Adjusted PB Ratio of 0.35 is 78.9% 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 Komunalac a.d and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komunalac a.d's current Cyclically Adjusted PB Ratio is 0.35, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komunalac a.d stock overvalued right now?
Komunalac a.d (XBLB:KMBJ-R-A) has a current Cyclically Adjusted PB Ratio of 0.35. The current Cyclically Adjusted PB Ratio is 0.35, which is near median its 10-year median of 0.34 and 78.9% below the Waste Management industry median of 1.66. 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 Komunalac a.d (XBLB:KMBJ-R-A), the current Cyclically Adjusted PB Ratio is 0.35 as of Jul. 09, 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.

Komunalac a.d Business Description

Address Ulica Milosa Crnjanskog 7, Bijeljina, BIH, 76300
Komunalac a.d operates as a waste management service provider in Bosnia and Herzegovina. The activities of the company include solid waste disposal, collection of recyclable waste, maintenance of public transport, maintenance of green areas, maintaining timber and planting new seedlings, production, and sale of flowers for urban greenery, and services for special utility vehicles.