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KB Home (MEX:KBH) Cyclically Adjusted Book per Share : MXN775.34 (As of Feb. 2025)


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What is KB Home Cyclically Adjusted Book 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 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.

KB Home's adjusted book value per share for the three months ended in Feb. 2025 was MXN1,171.047. 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 MXN775.34 for the trailing ten years ended in Feb. 2025.

During the past 12 months, KB Home's average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 KB Home was 21.40% per year. The lowest was -8.80% per year. And the median was 7.10% per year.

As of today (2025-05-27), KB Home's current stock price is MXN1294.00. KB Home's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was MXN775.34. KB Home's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KB Home was 3.02. The lowest was 0.68. And the median was 1.85.


KB Home Cyclically Adjusted Book per Share Historical Data

The historical data trend for KB Home'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.

* Premium members only.

KB Home Cyclically Adjusted Book per Share Chart

KB Home Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.09 454.69 450.11 547.06 668.92

KB Home Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 504.07 495.97 559.87 668.92 775.34

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

For the Residential Construction subindustry, KB Home'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.


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

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

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


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KB Home 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, KB Home's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1171.047/134.6241*134.6241
=1,171.047

Current CPI (Feb. 2025) = 134.6241.

KB Home Quarterly Data

Book Value per Share CPI Adj_Book
201505 269.879 100.333 362.118
201508 298.065 100.548 399.080
201511 304.182 100.135 408.952
201602 347.307 100.040 467.373
201605 357.386 101.355 474.695
201608 374.087 101.617 495.598
201611 414.344 101.829 547.786
201702 407.220 102.779 533.395
201705 386.495 103.256 503.911
201708 378.564 103.587 491.990
201711 412.446 104.072 533.525
201802 398.901 105.052 511.191
201805 436.700 106.148 553.854
201808 438.221 106.383 554.553
201811 487.444 106.338 617.108
201902 470.603 106.649 594.047
201905 488.975 108.048 609.247
201908 513.553 108.245 638.707
201911 519.751 108.519 644.782
202002 532.930 109.139 657.375
202005 609.886 108.175 759.002
202008 619.908 109.662 761.015
202011 586.168 109.793 718.735
202102 625.144 110.968 758.409
202105 624.412 113.576 740.128
202108 652.106 115.421 760.601
202111 734.256 117.269 842.920
202202 721.598 119.703 811.547
202205 743.028 123.323 811.119
202208 819.223 124.958 882.596
202211 844.088 125.607 904.681
202302 821.826 126.928 871.659
202305 829.308 128.314 870.088
202308 815.144 129.538 847.153
202311 872.635 129.548 906.827
202402 872.431 130.930 897.047
202405 902.061 132.509 916.459
202408 1,072.456 132.816 1,087.058
202411 1,146.921 133.110 1,159.968
202502 1,171.047 134.624 1,171.047

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


KB Home  (MEX:KBH) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1294.00/775.34
=1.67

* 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 PB Ratio of KB Home was 3.02. The lowest was 0.68. And the median was 1.85.


Be Aware

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


KB Home Cyclically Adjusted Book per Share Related Terms

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


KB Home Business Description

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 in the United States. The company builds single-family homes and communities across different geographical segments which include the West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It 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.