Kimball Electronics, Inc. (KE)

Printed Circuit Boards

Latest Price

$27.33

TTM P/E

26.03

Normalized P/E

21.84

Div Yield

Book Value

23.86

P/B Ratio

1.15

Valuation metrics

EPS: $1.13

Book value / share: $24.41

Formula: √(22.5 × EPS × BVPS)

Graham Number

$24.91

9% downside

Norm. op. income: $53M (median of 7yr)

Tax rate: 28%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$14.72

46% downside

Base FCF: $27M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$83.15

+204% upside

EPS: $1.13

Target P/E: 22×

Formula: EPS × P/E

P/E Fair Value

$24.86

9% downside

84.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.44M	$62.0M	10.18%	+76.5K	2026-06-30
Dimensional Fund Advisors LP	1.66M	$42.0M	6.91%	+15.5K	2026-06-30
American Century Companies Inc	1.31M	$33.0M	5.45%	+154.1K	2026-06-30
Bank of America Corp	1.19M	$30.0M	4.97%	-58.9K	2026-06-30
Vanguard Capital Management LLC	1.07M	$27.0M	4.45%	+6.3K	2026-06-30
Vanguard Portfolio Management LLC	811.0K	$20.0M	3.38%	+27.2K	2026-06-30
Geode Capital Management, LLC	689.7K	$17.0M	2.88%	+29.3K	2026-06-30
Earnest Partners LLC	518.9K	$13.0M	2.16%	-16.9K	2026-06-30
State Street Corp	517.8K	$13.0M	2.16%	+2.2K	2026-06-30
Pacific Ridge Capital Partners, LLC	439.2K	$11.0M	1.83%	+116.7K	2026-06-30