K+S AG (XSWX:SDF) Cyclically Adjusted PB Ratio: 0.47 (As of Jun. 25, 2026) — 28% Below Median


XSWX:SDF K+S AG XSWX:SDF
72 GF Score
Price CHF12.67
GF Value CHF12.43
! 3 Warning Signs
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What is K+S AG Cyclically Adjusted PB Ratio?

K+S AG XSWX:SDF 72 Cyclically Adjusted PB Ratio is 0.47 as of Jun. 25, 2026, which is 28% below its 10-year median of 0.65. GuruFocus rates XSWX:SDF with a GF Score™ of 72/100 and a GF Value™ of CHF12.43. The stock has 3 warning signs investors should review. Among 201 Agriculture companies, K+S AG ranks better than 89.55% on this metric.

As of today (2026-06-25), K+S AG's current share price is CHF12.67. K+S AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF26.97. K+S AG's Cyclically Adjusted PB Ratio for today is 0.47.

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

XSWX:SDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.65   Max: 1.53
Current: 0.44

During the past years, K+S AG's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.25. And the median was 0.65.

XSWX:SDF's Cyclically Adjusted PB Ratio is ranked better than
89.55% of 201 companies
in the Agriculture industry
Industry Median: 1.42 vs XSWX:SDF: 0.44

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.

K+S AG's adjusted book value per share data for the three months ended in Mar. 2026 was CHF24.064. 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 CHF26.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


K+S AG  (XSWX:SDF) 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.


K+S AG Cyclically Adjusted PB Ratio Related Terms


K+S AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for K+S 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.

K+S AG Cyclically Adjusted PB Ratio Chart

K+S 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 0.69 0.73 0.52 0.36 0.42

K+S AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.43 0.53 0.39 0.42 0.54

XSWX:SDF vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, K+S 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.


K+S AG Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, K+S AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:SDF
72GF Score
K+S AG XSWX:SDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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K+S 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.

K+S AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.67/26.97
=0.47

* 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.

K+S AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, K+S AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.064/131.2583*131.2583
=24.064

Current CPI (Mar. 2026) = 131.2583.

K+S AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.851 100.717 32.387
201609 24.174 101.017 31.411
201612 25.567 101.217 33.155
201703 25.789 101.417 33.377
201706 24.405 102.117 31.369
201709 25.545 102.717 32.643
201712 25.382 102.617 32.466
201803 24.429 102.917 31.156
201806 24.994 104.017 31.540
201809 24.730 104.718 30.998
201812 24.423 104.217 30.760
201903 26.324 104.217 33.154
201906 25.589 105.718 31.771
201909 25.980 106.018 32.165
201912 25.632 105.818 31.794
202003 23.609 105.718 29.313
202006 23.860 106.618 29.374
202009 11.804 105.818 14.642
202012 12.541 105.518 15.600
202103 15.254 107.518 18.622
202106 19.189 108.486 23.217
202109 26.317 109.435 31.565
202112 28.595 110.384 34.003
202203 30.597 113.968 35.239
202206 33.314 115.760 37.774
202209 32.828 118.818 36.265
202212 34.649 119.345 38.108
202303 35.785 122.402 38.374
202306 34.712 123.140 37.000
202309 34.545 124.195 36.510
202312 34.243 123.773 36.314
202403 35.096 125.038 36.842
202406 34.279 125.882 35.743
202409 32.790 126.198 34.105
202412 32.383 127.041 33.458
202503 32.867 127.779 33.762
202506 22.511 128.412 23.010
202509 22.242 129.255 22.587
202512 25.447 129.361 25.820
202603 24.064 131.258 24.064

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 0.47 mean?
K+S AG (XSWX:SDF) has a Cyclically Adjusted PB Ratio of 0.47 as of Jun. 25, 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 K+S AG and its competitors. This is 28% below median its historical median of 0.65. Over the past decade, K+S AG's Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.53. According to the industry distribution chart, K+S AG ranks #21 out of 201 companies in the Agriculture industry, placing it in the top 10.4%.
Is K+S AG's Cyclically Adjusted PB Ratio too high?
K+S AG's current Cyclically Adjusted PB Ratio of 0.47 is 28% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.53. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.42. K+S AG's value of 0.47 is 66.9% below this industry median. Based on the distribution chart, K+S AG ranks #21 out of 201 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, K+S AG has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does K+S AG's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, K+S AG ranks #21 out of 201 companies for Cyclically Adjusted PB Ratio. This places K+S AG in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.42. K+S AG's value of 0.47 is 66.9% below this benchmark. Historically, K+S AG's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.53 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.42, K+S AG 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.42, based on 201 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. K+S AG's current Cyclically Adjusted PB Ratio of 0.47 is 66.9% 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 K+S AG and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K+S AG's current Cyclically Adjusted PB Ratio is 0.47, which is 28% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K+S AG stock overvalued right now?
K+S AG (XSWX:SDF) has a current Cyclically Adjusted PB Ratio of 0.47. The stock's GF Value™ is CHF12.43, compared to a current price of CHF12.67 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is 28% below median its 10-year median of 0.65 and 66.9% below the Agriculture industry median of 1.42. K+S AG's overall GF Score™ is 72/100 with 3 warning signs to review. 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 K+S AG (XSWX:SDF), the current Cyclically Adjusted PB Ratio is 0.47 as of Jun. 25, 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.

Is K+S AG (XSWX:SDF) Overvalued in 2026?

Based on GuruFocus' analysis, K+S AG stock appears to be overvalued. The current stock price of CHF12.67 is trading 1.9% above its estimated GF Value™ of CHF12.43.

Key valuation signals for XSWX:SDF:

  • Cyclically Adjusted PB Ratio: 0.47 (28% below median its 10-year median of 0.65)
  • GF Value™: CHF12.43 vs. price of CHF12.67 (1.9% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 66.9% below the Agriculture median (#21 of 201)

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


K+S AG Business Description

Address Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131
K+S AG produces two products: fertilizer and salt. The company engaged in business with potash and magnesium products from plants in Germany and Canadian sites in Bethune, as well as the European salt activities. It also includes the waste disposal and recycling business in Germany. extraction and processing of raw materials.
72GF Score

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

CHF12.67
Price
CHF12.43
GF Value