KFY (Korn Ferry) Cyclically Adjusted PB Ratio: 2.64 (As of Aug. 06, 2026) — 11% Above Median

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KFY Korn Ferry KFY
90 GF Score
Price $83.48
GF Value $69.24
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Korn Ferry Cyclically Adjusted PB Ratio?

Korn Ferry KFY 90 Cyclically Adjusted PB Ratio is 2.64 as of Aug. 06, 2026, which is 11% above its 10-year median of 2.37. GuruFocus rates KFY with a GF Score™ of 90/100 and a GF Value™ of $69.24 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 729 Business Services companies, Korn Ferry ranks worse than 70.37% on this metric.

As of today (2026-08-06), Korn Ferry's current share price is $83.48. Korn Ferry's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $31.66. Korn Ferry's Cyclically Adjusted PB Ratio for today is 2.64.

The historical rank and industry rank for Korn Ferry's Cyclically Adjusted PB Ratio or its related term are showing as below:

KFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.37   Max: 4.25
Current: 2.64

During the past years, Korn Ferry's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 1.31. And the median was 2.37.

KFY's Cyclically Adjusted PB Ratio is ranked worse than
70.37% of 729 companies
in the Business Services industry
Industry Median: 1.55 vs KFY: 2.64

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.

Korn Ferry's adjusted book value per share data for the three months ended in Apr. 2026 was $39.275. 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 $31.66 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korn Ferry  (NYSE:KFY) 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.


Korn Ferry Cyclically Adjusted PB Ratio Related Terms


Korn Ferry Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Korn Ferry'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.

Korn Ferry Cyclically Adjusted PB Ratio Chart

Korn Ferry Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 1.93 2.24 2.12 2.10

Korn Ferry Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB Ratio 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 2.12 2.39 2.14 2.27 2.10

KFY vs RHI, TNET, MAN: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Korn Ferry'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.


Korn Ferry Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Korn Ferry's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KFY
90GF Score
Korn Ferry KFY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Korn Ferry 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.

Korn Ferry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.48/31.66
=2.64

* 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.

Korn Ferry's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Korn Ferry's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=39.275/333.0200*333.0200
=39.275

Current CPI (Apr. 2026) = 333.0200.

Korn Ferry Quarterly Data

Book Value per Share CPI Adj_Book
201607 17.853 240.628 24.708
201610 18.238 241.729 25.126
201701 18.585 242.839 25.487
201704 19.028 244.524 25.914
201707 19.646 244.786 26.727
201710 20.032 246.663 27.045
201801 20.842 247.867 28.002
201804 21.526 250.546 28.612
201807 20.401 252.006 26.959
201810 20.761 252.885 27.340
201901 21.352 251.712 28.249
201904 21.985 255.548 28.650
201907 22.279 256.571 28.917
201910 22.705 257.346 29.382
202001 23.075 257.971 29.788
202004 22.431 256.389 29.135
202007 22.156 259.101 28.477
202010 22.528 260.388 28.812
202101 23.949 261.582 30.489
202104 25.300 267.054 31.549
202107 26.001 273.003 31.717
202110 27.164 276.589 32.706
202201 28.244 281.148 33.455
202204 29.035 289.109 33.445
202207 29.247 296.276 32.874
202210 29.826 298.012 33.330
202301 30.634 299.170 34.100
202304 31.531 303.363 34.613
202307 32.002 305.691 34.863
202310 31.452 307.671 34.043
202401 32.546 308.417 35.142
202404 33.339 313.548 35.409
202407 33.628 314.540 35.604
202410 34.354 315.664 36.243
202501 34.761 317.671 36.441
202504 36.271 320.795 37.653
202507 36.548 323.048 37.676
202510 37.609 0.000
202601 38.910 325.252 39.839
202604 39.275 333.020 39.275

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.

What does a Cyclically Adjusted PB Ratio of 2.64 mean?
Korn Ferry (KFY) has a Cyclically Adjusted PB Ratio of 2.64 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Korn Ferry and its competitors. This is 11% above median its historical median of 2.37. Over the past decade, Korn Ferry's Cyclically Adjusted PB Ratio has ranged from 1.31 to 4.25. According to the industry distribution chart, Korn Ferry ranks #513 out of 729 companies in the Business Services industry, placing it in the top 70.4%.
Is Korn Ferry's Cyclically Adjusted PB Ratio too high?
Korn Ferry's current Cyclically Adjusted PB Ratio of 2.64 is 11% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 4.25. The Business Services industry median Cyclically Adjusted PB Ratio is 1.55. Korn Ferry's value of 2.64 is 70.3% above this industry median. Based on the distribution chart, Korn Ferry ranks #513 out of 729 companies in the Business Services industry, which is below the industry midpoint. Overall, Korn Ferry has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korn Ferry's Cyclically Adjusted PB Ratio compare to RHI and TNET?
According to the Business Services industry distribution chart, Korn Ferry ranks #513 out of 729 companies for Cyclically Adjusted PB Ratio. This places Korn Ferry in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Korn Ferry's value of 2.64 is 70.3% above this benchmark. Historically, Korn Ferry's own Cyclically Adjusted PB Ratio has ranged from 1.31 to 4.25 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.55, Korn Ferry has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.55, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korn Ferry's current Cyclically Adjusted PB Ratio of 2.64 is 70.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Korn Ferry and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korn Ferry's current Cyclically Adjusted PB Ratio is 2.64, which is 11% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korn Ferry stock overvalued right now?
Based on GuruFocus' analysis, Korn Ferry (KFY) is currently considered Modestly Overvalued. The stock's GF Value™ is $69.24, compared to a current price of $83.48 — trading 20.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.64, which is 11% above median its 10-year median of 2.37 and 70.3% above the Business Services industry median of 1.55. Korn Ferry's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Korn Ferry (KFY), the current Cyclically Adjusted PB Ratio is 2.64 as of Aug. 06, 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 Korn Ferry (KFY) Overvalued in 2026?

Based on GuruFocus' analysis, Korn Ferry stock appears to be overvalued. The current stock price of $83.48 is trading 20.6% above its estimated GF Value™ of $69.24. GuruFocus considers Korn Ferry to be Modestly Overvalued.

Key valuation signals for KFY:

  • Cyclically Adjusted PB Ratio: 2.64 (11% above median its 10-year median of 2.37)
  • GF Value™: $69.24 vs. price of $83.48 (20.6% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 70.3% above the Business Services median (#513 of 729)

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


Korn Ferry Business Description

Other Exchanges KFY:Germany
Address 1900 Avenue of the Stars, Suite 1225, Los Angeles, CA, USA, 90067
Korn Ferry is a consulting firm that powers performance. The Company helps unlock the potential in people and unleash transformation across organizations synchronizing, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. The company's segment includes Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search APAC, Executive Search Latin America, Professional Search & Interim and RPO. The company generates the majority of its revenue from the Executive Search segment and Consulting segment. The Executive search segment helps organizations recruit board-level, chief executive, and other C-suite/senior executive and general management talent to deliver lasting impact.
90GF Score

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

$83.48
Price
$69.24
GF Value