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KB Home (KB Home) Cyclically Adjusted Revenue per Share : $58.02 (As of Feb. 2024)


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What is KB Home Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

KB Home's adjusted revenue per share for the three months ended in Feb. 2024 was $18.754. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $58.02 for the trailing ten years ended in Feb. 2024.

During the past 12 months, KB Home's average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of KB Home was 16.80% per year. The lowest was -16.20% per year. And the median was 6.10% per year.

As of today (2024-05-16), KB Home's current stock price is $74.34. KB Home's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $58.02. KB Home's Cyclically Adjusted PS Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KB Home was 1.38. The lowest was 0.23. And the median was 0.72.


KB Home Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for KB Home's Cyclically Adjusted Revenue per Share 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.

KB Home Cyclically Adjusted Revenue per Share Chart

KB Home Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.23 35.63 42.23 50.47 56.82

KB Home Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Revenue per Share 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 51.95 53.79 55.46 56.82 58.02

Competitive Comparison of KB Home's Cyclically Adjusted Revenue per Share

For the Residential Construction subindustry, KB Home's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


KB Home's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, KB Home's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where KB Home's Cyclically Adjusted PS Ratio falls into.



KB Home Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, KB Home's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=18.754/129.4194*129.4194
=18.754

Current CPI (Feb. 2024) = 129.4194.

KB Home Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 5.678 100.373 7.321
201408 5.773 100.352 7.445
201411 7.849 99.635 10.195
201502 5.704 99.032 7.454
201505 6.135 100.333 7.914
201508 8.276 100.548 10.652
201511 9.246 100.135 11.950
201602 6.823 100.040 8.827
201605 8.563 101.355 10.934
201608 9.593 101.617 12.218
201611 12.442 101.829 15.813
201702 8.503 102.779 10.707
201705 10.261 103.256 12.861
201708 11.566 103.587 14.450
201711 13.977 104.072 17.381
201802 10.001 105.052 12.321
201805 10.888 106.148 13.275
201808 12.124 106.383 14.749
201811 13.406 106.338 16.316
201902 8.369 106.649 10.156
201905 11.063 108.048 13.251
201908 12.503 108.245 14.949
201911 16.714 108.519 19.933
202002 11.421 109.139 13.543
202005 9.778 108.175 11.698
202008 10.616 109.662 12.529
202011 12.574 109.793 14.822
202102 12.031 110.968 14.031
202105 15.107 113.576 17.214
202108 15.731 115.421 17.639
202111 18.447 117.269 20.358
202202 15.360 119.703 16.607
202205 19.045 123.323 19.987
202208 20.763 124.958 21.504
202211 22.256 125.607 22.931
202302 16.098 126.928 16.414
202305 20.939 128.314 21.119
202308 19.183 129.538 19.166
202311 20.789 129.548 20.768
202402 18.754 129.419 18.754

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


KB Home  (NYSE:KBH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

KB Home's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=74.34/58.02
=1.28

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KB Home was 1.38. The lowest was 0.23. And the median was 0.72.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


KB Home Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of KB Home's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


KB Home (KB Home) Business Description

Industry
Traded in Other Exchanges
Address
10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024
KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, Idaho and the Washington, D.C., area. KB Home operates in several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on the market location. The company also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.
Executives
William R Hollinger officer: SVP & Chief Accounting Officer 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Brian J Woram officer: EVP and General Counsel C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Melissa Lora director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jeff Kaminski officer: EVP & Chief Financial Officer 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Jeffrey T Mezger director, officer: President and CEO 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jose Miguel Barras director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Albert Z Praw officer: EVP, Real Estate & Bus. Dev. 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Thomas W. Gilligan director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Brian R Niccol director 1 GLEN BELL WAY, IRVINE CA 92618
Robert V. Mcgibney officer: EVP and Co-COO C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Jodee A Kozlak director 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Matthew W Mandino officer: EVP & Chief Operating Officer C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024
Kevin Paul Eltife director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
James C. Weaver director C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024