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Kontron AG (XTER:KTN) Cyclically Adjusted PB Ratio : 3.28 (As of Apr. 30, 2024)


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What is Kontron AG Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Kontron AG's current share price is €19.40. Kontron AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.91. Kontron AG's Cyclically Adjusted PB Ratio for today is 3.28.

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

XTER:KTN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.01   Med: 5.54   Max: 9.94
Current: 3.23

During the past years, Kontron AG's highest Cyclically Adjusted PB Ratio was 9.94. The lowest was 3.01. And the median was 5.54.

XTER:KTN's Cyclically Adjusted PB Ratio is ranked worse than
76.51% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs XTER:KTN: 3.23

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.

Kontron AG's adjusted book value per share data for the three months ended in Dec. 2023 was €9.785. 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 €5.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kontron AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kontron 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.

Kontron AG Cyclically Adjusted PB Ratio Chart

Kontron AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 5.67 3.67 3.13 3.64

Kontron AG 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 3.13 3.69 3.32 3.22 3.64

Competitive Comparison of Kontron AG's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Kontron 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.


Kontron AG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kontron AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kontron 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.40/5.91
=3.28

* 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.

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

For example, Kontron AG'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)
=9.785/132.0288*132.0288
=9.785

Current CPI (Dec. 2023) = 132.0288.

Kontron AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.817 99.044 2.422
201406 1.827 99.496 2.424
201409 1.952 99.586 2.588
201412 2.009 99.676 2.661
201503 2.106 99.992 2.781
201506 2.100 100.492 2.759
201509 2.104 100.292 2.770
201512 2.277 100.692 2.986
201603 2.236 100.692 2.932
201606 2.220 101.092 2.899
201609 2.337 101.192 3.049
201612 3.148 102.092 4.071
201703 3.217 102.592 4.140
201706 3.227 102.991 4.137
201709 3.260 103.591 4.155
201712 4.809 104.291 6.088
201803 4.852 104.491 6.131
201806 4.857 105.091 6.102
201809 5.274 105.691 6.588
201812 5.386 106.291 6.690
201903 5.553 106.391 6.891
201906 5.415 106.791 6.695
201909 5.488 106.991 6.772
201912 5.707 108.091 6.971
202003 5.703 108.024 6.970
202006 5.774 107.915 7.064
202009 5.921 108.348 7.215
202012 6.252 109.321 7.551
202103 6.309 110.186 7.560
202106 5.939 110.943 7.068
202109 6.054 111.916 7.142
202112 6.578 113.971 7.620
202203 6.742 117.647 7.566
202206 6.765 120.567 7.408
202209 6.921 123.811 7.380
202212 9.961 125.541 10.476
202303 10.120 128.461 10.401
202306 9.469 130.191 9.603
202309 9.761 131.272 9.817
202312 9.785 132.029 9.785

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.


Kontron AG  (XTER:KTN) 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.


Kontron AG Cyclically Adjusted PB Ratio Related Terms

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


Kontron AG (XTER:KTN) Business Description

Industry
Traded in Other Exchanges
Address
Industriezeile 35, Linz, AUT, A-4021
Kontron AG is an IT systems and hardware components manufacturer. It operates in three segments: IT Services, which includes consulting and sales of third-party hardware and software products as well as implementation and operation in the DACH region and Eastern Europe. The portfolio offered includes the areas of planning (consulting), implementation (integration), and outsourcing of IT services; IoT Solutions Europe segment focuses on the development of secure solutions through a combined portfolio of hardware, middleware, and services in the areas of the Internet of Things (loT) and Industry 4.0; and loT Solutions America segment covers business activities in the vertical markets of transport and aviation as well as communications in the North America region.

Kontron AG (XTER:KTN) Headlines