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Kimball Electronics (Kimball Electronics) Cyclically Adjusted PB Ratio : 1.23 (As of Apr. 27, 2024)


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What is Kimball Electronics Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Kimball Electronics's current share price is $20.82. Kimball Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.95. Kimball Electronics's Cyclically Adjusted PB Ratio for today is 1.23.

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

KE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.44   Max: 1.89
Current: 1.23

During the past years, Kimball Electronics's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 1.10. And the median was 1.44.

KE's Cyclically Adjusted PB Ratio is ranked better than
64.33% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs KE: 1.23

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.

Kimball Electronics's adjusted book value per share data for the three months ended in Dec. 2023 was $21.998. 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 $16.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimball Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kimball Electronics'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.

Kimball Electronics Cyclically Adjusted PB Ratio Chart

Kimball Electronics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.31 1.68

Kimball Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.44 1.50 1.68 1.64 1.59

Competitive Comparison of Kimball Electronics's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Kimball Electronics'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.


Kimball Electronics's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Kimball Electronics 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.

Kimball Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.82/16.95
=1.23

* 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.

Kimball Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kimball Electronics's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.998/129.4194*129.4194
=21.998

Current CPI (Dec. 2023) = 129.4194.

Kimball Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.918 99.695 11.577
201406 8.660 100.560 11.145
201409 9.004 100.428 11.603
201412 10.350 99.070 13.521
201503 10.409 99.621 13.523
201506 10.711 100.684 13.768
201509 10.774 100.392 13.889
201512 10.911 99.792 14.150
201603 11.332 100.470 14.597
201606 11.494 101.688 14.629
201609 11.827 101.861 15.027
201612 11.921 101.863 15.146
201703 12.321 102.862 15.502
201706 12.753 103.349 15.970
201709 13.002 104.136 16.159
201712 12.777 104.011 15.898
201803 13.378 105.290 16.444
201806 13.400 106.317 16.312
201809 13.564 106.507 16.482
201812 13.711 105.998 16.741
201903 14.142 107.251 17.065
201906 14.550 108.070 17.424
201909 14.555 108.329 17.389
201912 14.957 108.420 17.854
202003 15.023 108.902 17.853
202006 15.182 108.767 18.065
202009 15.937 109.815 18.782
202012 16.816 109.897 19.803
202103 17.028 111.754 19.720
202106 17.709 114.631 19.994
202109 17.522 115.734 19.594
202112 17.731 117.630 19.508
202203 18.260 121.301 19.482
202206 18.435 125.017 19.084
202209 18.464 125.227 19.082
202212 19.461 125.222 20.113
202303 20.352 127.348 20.683
202306 21.194 128.729 21.308
202309 21.262 129.860 21.190
202312 21.998 129.419 21.998

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.


Kimball Electronics  (NAS:KE) 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.


Kimball Electronics Cyclically Adjusted PB Ratio Related Terms

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


Kimball Electronics (Kimball Electronics) Business Description

Traded in Other Exchanges
Address
1205 Kimball Boulevard, Jasper, IN, USA, 47546
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it derives a majority of revenue from the United States.
Executives
Richard D Phillips officer: CEO 1205 KIMBALL BLVD., JASPER IN 47546
Tom George Vadaketh director 1727 JOCKEYS WAY, YARDLEY PA 19067
Isabel S Wells officer: CIO 1205 KIMBALL BLVD., JASPER IN 47546
Douglas Hass officer: CL&CO, Secretary 1205 KIMBALL BLVD., JASPER IN 47546
John H Kahle officer: VICE PRESIDENT 1205 KIMBALL BLVD., JASPER IN 47546
Adam M Baumann officer: Corporate Controller 1205 KIMBALL BLVD., JASPER IN 47546
Jana T Croom officer: Vice President, Finance 1205 KIMBALL BLVD., JASPER IN 47546
Leroy W Kemper officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Michele Holcomb director 7000 CARDINAL PLACE, DUBLIN OH 43017
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Robert J Phillippy director
Kathy R Thomson officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Desiree L. Castillejos officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Jessica L Delorenzo officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Repplier Colleen C director 1205 KIMBALL BLVD., JASPER IN 47546