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Krones AG (FRA:KRN) Cyclically Adjusted PB Ratio : 2.70 (As of Jun. 28, 2025)


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What is Krones AG Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Krones AG's current share price is €138.80. Krones AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €51.34. Krones AG's Cyclically Adjusted PB Ratio for today is 2.70.

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

FRA:KRN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.28   Max: 3.95
Current: 2.59

During the past years, Krones AG's highest Cyclically Adjusted PB Ratio was 3.95. The lowest was 1.27. And the median was 2.28.

FRA:KRN's Cyclically Adjusted PB Ratio is ranked worse than
58.43% of 2230 companies
in the Industrial Products industry
Industry Median: 2.05 vs FRA:KRN: 2.59

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.

Krones AG's adjusted book value per share data for the three months ended in Mar. 2025 was €62.817. 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 €51.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krones AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Krones 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.

Krones AG Cyclically Adjusted PB Ratio Chart

Krones 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 1.82 2.43 2.37 2.34 2.35

Krones AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.52 2.37 2.57 2.35 2.42

Competitive Comparison of Krones AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Krones 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.


Krones AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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Krones 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.80/51.34
=2.70

* 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.

Krones AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Krones AG's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=62.817/127.7792*127.7792
=62.817

Current CPI (Mar. 2025) = 127.7792.

Krones AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 32.547 100.417 41.416
201509 32.968 100.417 41.951
201512 35.170 99.717 45.068
201603 36.183 100.017 46.227
201606 35.831 100.717 45.459
201609 37.148 101.017 46.990
201612 38.857 101.217 49.054
201703 40.362 101.417 50.854
201706 39.340 102.117 49.226
201709 40.157 102.717 49.955
201712 42.199 102.617 52.546
201803 43.487 102.917 53.992
201806 42.915 104.017 52.719
201809 43.465 104.718 53.037
201812 45.367 104.217 55.624
201903 46.792 104.217 57.371
201906 45.048 105.718 54.449
201909 45.246 106.018 54.533
201912 43.385 105.818 52.389
202003 43.713 105.718 52.835
202006 42.275 106.618 50.666
202009 41.623 105.818 50.262
202012 38.000 105.518 46.017
202103 39.176 107.518 46.559
202106 40.329 108.486 47.501
202109 41.262 109.435 48.179
202112 44.065 110.384 51.009
202203 46.012 113.968 51.588
202206 47.647 115.760 52.594
202209 48.995 118.818 52.690
202212 50.599 119.345 54.175
202303 52.508 122.402 54.815
202306 51.799 123.140 53.750
202309 53.325 124.195 54.864
202312 54.296 123.773 56.053
202403 56.230 125.038 57.463
202406 56.085 125.882 56.930
202409 58.089 126.198 58.817
202412 60.827 127.041 61.180
202503 62.817 127.779 62.817

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.


Krones AG  (FRA:KRN) 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.


Krones AG Cyclically Adjusted PB Ratio Related Terms

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


Krones AG Business Description

Industry
Traded in Other Exchanges
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. The product portfolio of the company is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. The company's reportable segments are: Filling and Packaging Technology, Process Technology, and Intralogistics. The majority of the company's revenue is generated from its Fillings and Packaging segment which offers machines and lines for filling, labelling, packaging and conveying products. Geographically, the company generates a majority of its revenue from Germany and the rest from China, Middle East and Africa, America and other regions.

Krones AG Headlines

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