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KadantKAI +1.67%89 Price-to-Tangible-Book is 168.64 as of Sep. 17, 2026. GuruFocus rates KAI with a GF Score™ of 89/100 and a GF Value™ of $350.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,896 Industrial Products companies, Kadant ranks worse than 99.93% on this metric.
As of today (2026-09-17), Kadant's share price is $270.00. Kadant's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $1.60. Hence, Kadant's Price to Tangible Book Ratio of today is 168.64.
The historical rank and industry rank for Kadant's Price-to-Tangible-Book or its related term are showing as below:
KAI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.43 Med: 32.55 Max: 626.62
Current: 391.3
During the past 13 years, Kadant's highest Price to Tangible Book Ratio was 626.62. The lowest was 7.43. And the median was 32.55.
KAI's Price-to-Tangible-Book is ranked worse than 99.93% of 2896
companies
in the Industrial Products industry
Industry Median: 2.425
vs KAI: 391.30
A closely related ratio is called PB Ratio. As of today, Kadant's share price is $270.00. Kadant's Book Value per Sharefor the quarter that ended in Jun. 2026 was $87.54. Hence, Kadant's P/B Ratio of today is 3.08.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Kadant Price-to-Tangible-Book Related Terms
Kadant Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Kadant's Price-to-Tangible-Book 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.
KAI vs MIR, SXI, MWA: Price-to-Tangible-Book Comparison
For the Specialty Industrial Machinery subindustry, Kadant's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Kadant Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kadant's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Kadant's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
What does a Price-to-Tangible-Book of 168.64 mean?
Kadant (KAI) has a Price-to-Tangible-Book of 168.64 as of Sep. 17, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Kadant and its competitors. According to the industry distribution chart, Kadant ranks #2894 out of 2896 companies in the Industrial Products industry, placing it in the top 99.9%.
Is Kadant's Price-to-Tangible-Book too high?
Kadant's current Price-to-Tangible-Book is 168.64. The Industrial Products industry median Price-to-Tangible-Book is 2.43. Kadant's value of 168.64 is 6854.2% above this industry median. Based on the distribution chart, Kadant ranks #2894 out of 2896 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kadant has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kadant's Price-to-Tangible-Book compare to MIR and SXI?
According to the Industrial Products industry distribution chart, Kadant ranks #2894 out of 2896 companies for Price-to-Tangible-Book. This places Kadant in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.43. Kadant's value of 168.64 is 6854.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.43, based on 2,896 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kadant's current Price-to-Tangible-Book of 168.64 is 6854.2% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Kadant and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kadant's current Price-to-Tangible-Book is 168.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kadant stock overvalued right now?
Based on GuruFocus' analysis, Kadant (KAI) is currently considered Modestly Undervalued. The stock's GF Value™ is $350.79, compared to a current price of $270.00 — trading 23% below its estimated fair value. The current Price-to-Tangible-Book is 168.64 and 6854.2% above the Industrial Products industry median of 2.43. Kadant's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Kadant (KAI), the current Price-to-Tangible-Book is 168.64 as of Sep. 17, 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 Kadant (KAI) Overvalued in 2026?
Based on GuruFocus' analysis, Kadant stock appears to be undervalued.
The current stock price of $270.00 is trading 23% below its estimated GF Value™ of $350.79.
GuruFocus considers Kadant to be Modestly Undervalued.
Key valuation signals for KAI:
Price-to-Tangible-Book: 168.64
GF Value™: $350.79 vs. price of $270.00 (23% below fair value)
Industry Position: 6854.2% above the Industrial Products median (#2894 of 2896)
No single metric tells the full story. See the KAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are the Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; the Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a geographic presence in the U.S., China, Asia, Germany, Canada, and Others.
89GF Score
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