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KB Home (KB Home) Cyclically Adjusted Price-to-FCF : 25.09 (As of May. 25, 2024)


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What is KB Home Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), KB Home's current share price is $70.50. KB Home's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $2.81. KB Home's Cyclically Adjusted Price-to-FCF for today is 25.09.

The historical rank and industry rank for KB Home's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KBH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.08   Med: 16.62   Max: 1270.75
Current: 25.13

During the past years, KB Home's highest Cyclically Adjusted Price-to-FCF was 1270.75. The lowest was 5.08. And the median was 16.62.

KBH's Cyclically Adjusted Price-to-FCF is ranked worse than
76% of 50 companies
in the Homebuilding & Construction industry
Industry Median: 16.04 vs KBH: 25.13

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

KB Home's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $0.244. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.81 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Home Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KB Home's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

KB Home Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 114.35 65.53 21.34

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 Price-to-FCF 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 38.01 26.64 25.18 21.34 23.68

Competitive Comparison of KB Home's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, KB Home's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where KB Home's Cyclically Adjusted Price-to-FCF falls into.



KB Home Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

KB Home's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=70.50/2.81
=25.09

* 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.

KB Home's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.244/130.9299*130.9299
=0.244

Current CPI (Feb. 2024) = 130.9299.

KB Home Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -3.366 100.373 -4.391
201408 -1.600 100.352 -2.088
201411 0.832 99.635 1.093
201502 -0.487 99.032 -0.644
201505 -0.867 100.333 -1.131
201508 1.112 100.548 1.448
201511 1.882 100.135 2.461
201602 -1.456 100.040 -1.906
201605 -0.270 101.355 -0.349
201608 0.683 101.617 0.880
201611 3.018 101.829 3.880
201702 -0.811 102.779 -1.033
201705 0.096 103.256 0.122
201708 1.671 103.587 2.112
201711 4.069 104.072 5.119
201802 -1.648 105.052 -2.054
201805 1.194 106.148 1.473
201808 -0.305 106.383 -0.375
201811 2.662 106.338 3.278
201902 -2.148 106.649 -2.637
201905 0.061 108.048 0.074
201908 0.196 108.245 0.237
201911 4.235 108.519 5.110
202002 -0.176 109.139 -0.211
202005 1.669 108.175 2.020
202008 1.791 109.662 2.138
202011 -0.276 109.793 -0.329
202102 -0.931 110.968 -1.098
202105 0.545 113.576 0.628
202108 -1.845 115.421 -2.093
202111 1.451 117.269 1.620
202202 -2.873 119.703 -3.142
202205 -0.834 123.323 -0.885
202208 0.891 124.958 0.934
202211 4.542 125.607 4.734
202302 0.989 126.928 1.020
202305 5.994 128.314 6.116
202308 1.882 129.538 1.902
202311 3.740 129.548 3.780
202402 0.244 130.930 0.244

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


KB Home  (NYSE:KBH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


KB Home Cyclically Adjusted Price-to-FCF Related Terms

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


KB Home (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. 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