GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » KAP AG (XTER:IUR) » Definitions » Cyclically Adjusted PB Ratio

KAP AG (XTER:IUR) Cyclically Adjusted PB Ratio : 0.31 (As of May. 25, 2025)


View and export this data going back to 2019. Start your Free Trial

What is KAP AG Cyclically Adjusted PB Ratio?

As of today (2025-05-25), KAP AG's current share price is €9.20. KAP AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €30.12. KAP AG's Cyclically Adjusted PB Ratio for today is 0.31.

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

XTER:IUR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.39   Max: 0.67
Current: 0.32

During the past years, KAP AG's highest Cyclically Adjusted PB Ratio was 0.67. The lowest was 0.30. And the median was 0.39.

XTER:IUR's Cyclically Adjusted PB Ratio is ranked better than
81.56% of 450 companies
in the Conglomerates industry
Industry Median: 0.94 vs XTER:IUR: 0.32

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.

KAP AG's adjusted book value per share data for the three months ended in Dec. 2024 was €15.208. 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 €30.12 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KAP AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KAP 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.

* Premium members only.

KAP AG Cyclically Adjusted PB Ratio Chart

KAP AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.47 0.32

KAP AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Jun24 Dec24
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 0.57 0.62 0.47 0.39 0.32

Competitive Comparison of KAP AG's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, KAP 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.


KAP AG's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, KAP AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

KAP 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.

KAP AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.20/30.12
=0.31

* 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.

KAP AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, KAP AG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.208/127.0412*127.0412
=15.208

Current CPI (Dec. 2024) = 127.0412.

KAP AG Quarterly Data

Book Value per Share CPI Adj_Book
201012 30.595 94.132 41.291
201106 32.605 95.158 43.530
201112 25.909 95.998 34.287
201206 28.086 96.744 36.882
201212 28.096 97.957 36.438
201306 28.446 98.516 36.682
201312 25.967 99.356 33.203
201406 25.266 99.543 32.246
201412 31.965 99.543 40.795
201506 33.739 100.417 42.685
201512 22.300 99.717 28.411
201606 21.923 100.717 27.653
201612 21.933 101.217 27.529
201706 23.137 102.117 28.784
201712 22.408 102.617 27.741
201803 0.000 102.917 0.000
201806 24.445 104.017 29.856
201809 0.000 104.718 0.000
201812 24.439 104.217 29.791
201903 25.286 104.217 30.824
201906 24.012 105.718 28.855
201909 21.925 106.018 26.273
201912 20.488 105.818 24.597
202003 19.967 105.718 23.994
202006 19.863 106.618 23.668
202009 19.790 105.818 23.759
202012 19.592 105.518 23.588
202103 20.270 107.518 23.951
202106 22.828 108.486 26.732
202109 21.390 109.435 24.831
202112 23.778 110.384 27.366
202203 23.626 113.968 26.336
202206 24.881 115.760 27.306
202209 24.135 118.818 25.805
202212 22.695 119.345 24.159
202303 22.549 122.402 23.404
202306 26.780 123.140 27.628
202312 20.773 123.773 21.322
202406 20.033 125.882 20.218
202412 15.208 127.041 15.208

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.


KAP AG  (XTER:IUR) 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.


KAP AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of KAP AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KAP AG Business Description

Industry
Traded in Other Exchanges
Address
Edelzeller Strasse 44, Fulda, HE, DEU, 36043
KAP AG is a German industrial holding company that provides engineered products and automotive components. The Flexible films segment generates maximum revenue, it is into extrusion coatings, calendaring and the conditioning of coated products. The engineered products segment includes develops, produces and sells technical fabrics and yarns whereas Surface technologies with chemical and physical conditioning specialized surface processes for refining metallic materials such as aluminum, magnesium, zinc die-casting or steel. Precision components segment manufacturers the precision components Geographically, the business presence of the firm is seen in the region of Germany, Rest of Europe, North/South America, Asia and in Other Countries.

KAP AG Headlines

No Headlines