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Kimball International (Kimball International) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Kimball International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimball International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kimball International'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 International Cyclically Adjusted PB Ratio Chart

Kimball International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
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Kimball International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Kimball International's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Kimball International'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 International's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

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

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=4.908/127.3478*127.3478
=4.908

Current CPI (Mar. 2023) = 127.3478.

Kimball International Quarterly Data

Book Value per Share CPI Adj_Book
201306 10.622 98.518 13.730
201309 10.791 98.790 13.910
201312 11.065 98.326 14.331
201403 11.276 99.695 14.404
201406 11.487 100.560 14.547
201409 11.426 100.428 14.489
201412 3.748 99.070 4.818
201503 3.792 99.621 4.847
201506 3.732 100.684 4.720
201509 3.654 100.392 4.635
201512 3.808 99.792 4.859
201603 3.859 100.470 4.891
201606 3.995 101.688 5.003
201609 4.141 101.861 5.177
201612 4.316 101.863 5.396
201703 4.489 102.862 5.558
201706 4.724 103.349 5.821
201709 4.858 104.136 5.941
201712 5.010 104.011 6.134
201803 4.994 105.290 6.040
201806 5.199 106.317 6.227
201809 5.363 106.507 6.412
201812 5.473 105.998 6.575
201903 5.638 107.251 6.694
201906 5.881 108.070 6.930
201909 6.092 108.329 7.162
201912 6.307 108.420 7.408
202003 6.471 108.902 7.567
202006 6.632 108.767 7.765
202009 6.699 109.815 7.769
202012 6.609 109.897 7.658
202103 6.421 111.754 7.317
202106 6.500 114.631 7.221
202109 6.265 115.734 6.894
202112 5.647 117.630 6.114
202203 5.761 121.301 6.048
202206 5.796 125.017 5.904
202209 5.919 125.227 6.019
202212 4.854 125.222 4.936
202303 4.908 127.348 4.908

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 International  (NAS:KBAL) 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 International Cyclically Adjusted PB Ratio Related Terms

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Kimball International (Kimball International) Business Description

Traded in Other Exchanges
N/A
Address
1600 Royal Street, Jasper, IN, USA, 47546-2256
Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.
Executives
Christopher M Robison officer: INTERIM PRESIDENT POPPIN C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra officer: Chief Digital & Info Officer C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe officer: EVP & CFO 1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch officer: EVP, CCO, Workplace and Health C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith officer: EVP 1600 ROYAL STREET, JASPER IN 47549
Darren S Gress other: CORPORATE CONTROLLER 1600 ROYAL STREET, JASPER IN 47549
Valerie R Love director 1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton director 1600 ROYAL ST, JASPER IN 47549
Scott M Settersten director 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer director 1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly director 1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser director 1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder officer: EVP, CHIEF FINANCIAL OFFICER 1600 ROYAL STREET, JASPER IN 47549

Kimball International (Kimball International) Headlines

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Kimball International, Inc. Declares Dividend

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Kimball International Inc (KBAL) EVP & CFO Timothy J Wolfe Bought $54,950 of Shares

By GuruFocus Research GuruFocus Editor 11-19-2021

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By GlobeNewswire GlobeNewswire 04-25-2022