dorma+kaba Holding AG (XSWX:KABNE) Cyclically Adjusted PB Ratio: (As of Jul. 19, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

What is dorma+kaba Holding AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


dorma+kaba Holding AG  (XSWX:KABNE) 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.


dorma+kaba Holding AG Cyclically Adjusted PB Ratio Related Terms


dorma+kaba Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for dorma+kaba Holding 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.

dorma+kaba Holding AG Cyclically Adjusted PB Ratio Chart

dorma+kaba Holding AG Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.86 5.56 6.08 7.20 12.19

dorma+kaba Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 7.20 0.00 12.19 0.00

XSWX:KABNE vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, dorma+kaba Holding 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.


dorma+kaba Holding AG Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, dorma+kaba Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where dorma+kaba Holding AG's Cyclically Adjusted PB Ratio falls into.



dorma+kaba Holding 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.

dorma+kaba Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, dorma+kaba Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=66.268/108.0751*108.0751
=66.268

Current CPI (Jun25) = 108.0751.

dorma+kaba Holding AG Annual Data

Book Value per Share CPI Adj_Book
201606 105.933 100.088 114.387
201706 41.531 100.285 44.757
201806 41.531 101.435 44.250
201906 47.033 102.044 49.813
202006 33.038 100.743 35.442
202106 49.641 101.352 52.934
202206 62.273 104.783 64.230
202306 59.976 106.576 60.820
202406 61.172 107.991 61.220
202506 66.268 108.075 66.268

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.


dorma+kaba Holding AG Business Description

Address Hofwisenstrasse 24, Rumlang, CHE, 8153
dorma+kaba Holding AG is a security group that provides smart and secure access solutions and systems in the security industry. The group offers products such as Door Hardware, Entrance Systems, Electronic Access & Data, Mechanical Key Systems, Lodging Systems, Safe Locks, Movable Walls, Key Systems, and dormakaba digital. Its Services are Maintenance, Emergency Callout & Repair, Genuine Spare Parts, Modernization & Upgrades, Installation, Training & Webinars, Consulting, and Digital Services. The company has two operating segments: Access Solutions and Key & Wall Solutions and OEM. It generates the majority of its revenue from the Access Solutions segment.