FSK (FS KKR Capital) Cyclically Adjusted Book per Share: $0.00 (As of Jun. 2026)

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FSK FS KKR Capital Corp FSK
40 GF Score
Price $12.44
GF Value $25.96
Valuation Significantly Undervalued
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What is FS KKR Capital Cyclically Adjusted Book per Share?

FS KKR Capital FSK +4.71% 40 Cyclically Adjusted Book per Share is $0.00 as of Jun. 2026. GuruFocus rates FSK with a GF Score™ of 40/100 and a GF Value™ of $25.96 (Significantly Undervalued).

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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

FS KKR Capital's adjusted book value per share for the three months ended in Jun. 2026 was $18.263. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, FS KKR Capital's average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of FS KKR Capital was 3.50% per year. The lowest was -4.70% per year. And the median was -0.05% per year.

As of today (2026-08-08), FS KKR Capital's current stock price is $12.44. FS KKR Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.00. FS KKR Capital's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FS KKR Capital was 0.70. The lowest was 0.27. And the median was 0.50.


FS KKR Capital  (NYSE:FSK) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FS KKR Capital was 0.70. The lowest was 0.27. And the median was 0.50.


Be Aware

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


FS KKR Capital Cyclically Adjusted Book per Share Related Terms


FS KKR Capital Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for FS KKR Capital's Cyclically Adjusted Book 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.

FS KKR Capital Cyclically Adjusted Book per Share Chart

FS KKR Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.51 40.07 38.66 36.77 34.71

FS KKR Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book 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 36.03 35.51 34.71 34.61 0.00

FSK vs WT, HTGC, DBRG: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, FS KKR Capital'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.


FS KKR Capital Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FS KKR Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FS KKR Capital's Cyclically Adjusted PB Ratio falls into.


FSK
40GF Score
FS KKR Capital Corp FSK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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FS KKR Capital Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, FS KKR Capital's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.263/333.9520*333.9520
=18.263

Current CPI (Jun. 2026) = 333.9520.

FS KKR Capital Quarterly Data

Book Value per Share CPI Adj_Book
201609 37.693 241.428 52.138
201612 37.652 241.432 52.081
201703 37.803 243.801 51.782
201706 37.213 244.955 50.733
201709 37.712 246.819 51.025
201712 37.196 246.524 50.387
201803 36.646 249.554 49.040
201806 35.490 251.989 47.034
201809 34.569 252.439 45.731
201812 31.354 251.233 41.677
201903 31.445 254.202 41.310
201906 31.507 256.143 41.078
201909 31.421 256.759 40.868
201912 30.541 256.974 39.690
202003 24.351 258.115 31.506
202006 23.360 257.797 30.261
202009 24.459 260.280 31.382
202012 25.017 260.474 32.074
202103 26.027 264.877 32.814
202106 26.840 271.696 32.990
202109 27.137 274.310 33.037
202112 27.166 278.802 32.540
202203 27.335 287.504 31.751
202206 26.412 296.311 29.767
202209 25.302 296.808 28.468
202212 24.889 296.797 28.005
202303 24.933 301.836 27.586
202306 24.691 305.109 27.025
202309 24.887 307.789 27.002
202312 24.455 306.746 26.624
202403 24.323 312.332 26.007
202406 23.948 314.175 25.456
202409 23.819 315.301 25.228
202412 23.644 315.605 25.018
202503 23.373 319.799 24.407
202506 21.927 322.561 22.701
202509 21.991 324.800 22.611
202512 20.884 324.054 21.522
202603 18.831 330.213 19.044
202606 18.263 333.952 18.263

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $0.00 mean?
FS KKR Capital (FSK) has a Cyclically Adjusted Book per Share of $0.00 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on FS KKR Capital and its competitors.
Is FS KKR Capital's Cyclically Adjusted Book per Share too high?
FS KKR Capital's current Cyclically Adjusted Book per Share is $0.00. Overall, FS KKR Capital has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FS KKR Capital's Cyclically Adjusted Book per Share compare to WT and HTGC?
FS KKR Capital's Cyclically Adjusted Book per Share of $0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on FS KKR Capital and its competitors. FS KKR Capital's current Cyclically Adjusted Book per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS KKR Capital stock overvalued right now?
Based on GuruFocus' analysis, FS KKR Capital (FSK) is currently considered Significantly Undervalued. The stock's GF Value™ is $25.96, compared to a current price of $12.44 — trading 52.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.00. FS KKR Capital's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For FS KKR Capital (FSK), the current Cyclically Adjusted Book per Share is $0.00 as of Jun. 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 FS KKR Capital (FSK) Overvalued in 2026?

Based on GuruFocus' analysis, FS KKR Capital stock appears to be undervalued. The current stock price of $12.44 is trading 52.1% below its estimated GF Value™ of $25.96. GuruFocus considers FS KKR Capital to be Significantly Undervalued.

Key valuation signals for FSK:

  • Cyclically Adjusted Book per Share: $0.00
  • GF Value™: $25.96 vs. price of $12.44 (52.1% below fair value)
  • GF Score™: 40/100

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


FS KKR Capital Business Description

Other Exchanges FS5A:Germany
Address 3025 JFK Boulevard, OFC 500, Philadelphia, PA, USA, 19104
FS KKR Capital Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company's portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.
40GF Score

Get the complete analysis for FSK

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.44
Price
$25.96
GF Value