Kardex Holding AG (XSWX:KARN) Shiller PE Ratio: (As of Sep. 21, 2026)

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XSWX:KARN Kardex Holding AG XSWX:KARN
88 GF Score
Price CHF229.50
GF Value CHF302.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kardex Holding AG Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kardex Holding AG  (XSWX:KARN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Kardex Holding AG Shiller PE Ratio Related Terms


Kardex Holding AG Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Kardex Holding AG's Shiller PE 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.

Kardex Holding AG Shiller PE Ratio Chart

Kardex Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.67 29.06 38.71 43.18 43.55

Kardex Holding AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Shiller PE 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 37.89 43.27 42.03 43.65 34.93

XSWX:KARN vs GEV, ETN, PH: Shiller PE Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kardex Holding AG's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Kardex Holding AG Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kardex Holding AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kardex Holding AG's Shiller PE Ratio falls into.


XSWX:KARN
88GF Score
Kardex Holding AG XSWX:KARN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kardex Holding AG Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Kardex Holding AG's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Kardex Holding AG's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=5.0534/107.2000*107.2000
=5.053

Current CPI (Dec25) = 107.2000.

Kardex Holding AG Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 4.348 99.380 4.690
201712 4.577 100.213 4.896
201812 5.731 100.906 6.089
201912 6.399 101.063 6.788
202012 5.647 100.241 6.039
202112 6.152 101.776 6.480
202212 4.921 104.666 5.040
202312 8.388 106.461 8.446
202412 9.959 107.128 9.966
202512 5.053 107.200 5.053

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is Kardex Holding AG (XSWX:KARN) Overvalued in 2026?

Based on GuruFocus' analysis, Kardex Holding AG stock appears to be undervalued. The current stock price of CHF229.50 is trading 24.1% below its estimated GF Value™ of CHF302.26. GuruFocus considers Kardex Holding AG to be Modestly Undervalued.

Key valuation signals for XSWX:KARN:

  • Shiller PE Ratio:
  • GF Value™: CHF302.26 vs. price of CHF229.50 (24.1% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the XSWX:KARN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kardex Holding AG Business Description

Address Thurgauerstrasse 40, Zurich, CHE, 8050
Kardex Holding AG is a partner for intralogistics solutions. The Group offers premium automated products, standardized systems, and life cycle services and provides dynamic storage and retrieval systems, integrated material handling systems, small parts storage systems including multi-shuttle technology, automated high-bay warehouses, and flexible and modular storage and order fulfillment solutions as an AutoStore partner. It is organized into two reporting segments: Automated Products, which generates maximum revenue, and Standardized Systems. Automated Products consists of the Business Unit Kardex Remstar, while Standardized Systems includes the Business Units Kardex Mlog, Kardex AS Solutions, and Rocket Solution. The company operates in Europe, the Americas, and Asia-Pacific.
88GF Score

Get the complete analysis for XSWX:KARN

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF229.50
Price
CHF302.26
GF Value