Korn Ferry (MEX:KFY) Cyclically Adjusted PB Ratio: 2.56 (As of Sep. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:KFY Korn Ferry MEX:KFY
96 GF Score
Price MXN1,195.00
GF Value MXN1,136.47
! 2 Warning Signs
View Full Analysis

What is Korn Ferry Cyclically Adjusted PB Ratio?

Korn Ferry MEX:KFY 96 Cyclically Adjusted PB Ratio is 2.56 as of Sep. 16, 2026, which is 7% above its 10-year median of 2.39. GuruFocus rates MEX:KFY with a GF Score™ of 96/100 and a GF Value™ of MXN1,136.47. The stock has 2 warning signs investors should review. Among 688 Business Services companies, Korn Ferry ranks worse than 69.19% on this metric.

As of today (2026-09-16), Korn Ferry's current share price is MXN1195.00. Korn Ferry's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was MXN466.41. Korn Ferry's Cyclically Adjusted PB Ratio for today is 2.56.

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

MEX:KFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.39   Max: 4.25
Current: 2.42

During the past years, Korn Ferry's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 1.31. And the median was 2.39.

MEX:KFY's Cyclically Adjusted PB Ratio is ranked worse than
69.19% of 688 companies
in the Business Services industry
Industry Median: 1.53 vs MEX:KFY: 2.42

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 Jul. 2026 was MXN680.247. 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 MXN466.41 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korn Ferry  (MEX: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
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 2.39 2.14 2.27 2.10 2.56

MEX: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.


MEX:KFY
96GF Score
Korn Ferry MEX:KFY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=1195.00/466.41
=2.56

* 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 Jul. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=680.247/333.9180*333.9180
=680.247

Current CPI (Jul. 2026) = 333.9180.

Korn Ferry Quarterly Data

Book Value per Share CPI Adj_Book
201610 342.700 241.729 473.397
201701 387.234 242.839 532.470
201704 360.284 244.524 491.998
201707 350.856 244.786 478.610
201710 383.187 246.663 518.736
201801 388.113 247.867 522.853
201804 404.083 250.546 538.546
201807 379.416 252.006 502.741
201810 420.519 252.885 555.268
201901 406.814 251.712 539.674
201904 417.601 255.548 545.668
201907 423.144 256.571 550.707
201910 435.347 257.346 564.882
202001 435.894 257.971 564.222
202004 537.879 256.389 700.527
202007 492.431 259.101 634.623
202010 479.311 260.388 614.662
202101 485.092 261.582 619.236
202104 510.271 267.054 638.031
202107 516.007 273.003 631.143
202110 558.251 276.589 673.960
202201 582.872 281.148 692.274
202204 591.114 289.109 682.731
202207 595.548 296.276 671.213
202210 591.982 298.012 663.307
202301 575.865 299.170 642.751
202304 567.156 303.363 624.280
202307 535.024 305.691 584.427
202310 567.809 307.671 616.248
202401 559.017 308.417 605.238
202404 568.902 313.548 605.861
202407 625.399 314.540 663.928
202410 688.156 315.664 727.950
202501 717.089 317.671 753.764
202504 710.608 320.795 739.677
202507 686.992 323.048 710.108
202510 697.514 0.000
202601 675.069 325.252 693.056
202604 687.951 333.020 689.806
202607 680.247 333.918 680.247

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 2.56 mean?
Korn Ferry (MEX:KFY) has a Cyclically Adjusted PB Ratio of 2.56 as of Sep. 16, 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 near median its historical median of 2.39. 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 #476 out of 688 companies in the Business Services industry, placing it in the top 69.2%.
Is Korn Ferry's Cyclically Adjusted PB Ratio too high?
Korn Ferry's current Cyclically Adjusted PB Ratio of 2.56 is near median its 10-year median of 2.39. 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 1.53. Korn Ferry's value of 2.56 is 67.3% above this industry median. Based on the distribution chart, Korn Ferry ranks #476 out of 688 companies in the Business Services industry, which is below the industry midpoint. Overall, Korn Ferry has a GF Score™ of 96/100, 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 #476 out of 688 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 1.53. Korn Ferry's value of 2.56 is 67.3% 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 2.39 vs. the industry median of 1.53, 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 1.53, based on 688 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 2.56 is 67.3% 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 1.53 — 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 2.56, which is near median its own 10-year median of 2.39. 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?
Korn Ferry (MEX:KFY) has a current Cyclically Adjusted PB Ratio of 2.56. The stock's GF Value™ is MXN1,136.47, compared to a current price of MXN1,195.00 — trading 5.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.56, which is near median its 10-year median of 2.39 and 67.3% above the Business Services industry median of 1.53. Korn Ferry's overall GF Score™ is 96/100 with 2 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 (MEX:KFY), the current Cyclically Adjusted PB Ratio is 2.56 as of Sep. 16, 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 (MEX:KFY) Overvalued in 2026?

Based on GuruFocus' analysis, Korn Ferry stock appears to be overvalued. The current stock price of MXN1,195.00 is trading 5.2% above its estimated GF Value™ of MXN1,136.47.

Key valuation signals for MEX:KFY:

  • Cyclically Adjusted PB Ratio: 2.56 (near median its 10-year median of 2.39)
  • GF Value™: MXN1,136.47 vs. price of MXN1,195.00 (5.2% above fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 67.3% above the Business Services median (#476 of 688)

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


Korn Ferry Business Description

Other Exchanges KFY:USAKFY: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.
96GF Score

Get the complete analysis for MEX:KFY

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

MXN1,195.00
Price
MXN1,136.47
GF Value