Kilroy Realty (BSP:K2RC34) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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BSP:K2RC34 Kilroy Realty Corp BSP:K2RC34
41 GF Score
Price R$22.14
GF Value R$21.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Kilroy Realty Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kilroy Realty  (BSP:K2RC34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Kilroy Realty Cyclically Adjusted PS Ratio Related Terms


Kilroy Realty Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Kilroy Realty's Cyclically Adjusted PS 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.

Kilroy Realty Cyclically Adjusted PS Ratio Chart

Kilroy Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
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Kilroy Realty Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 - - - - 4.07

BSP:K2RC34 vs CDP, SLG, CUZ: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Kilroy Realty's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Kilroy Realty Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Kilroy Realty's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kilroy Realty's Cyclically Adjusted PS Ratio falls into.


BSP:K2RC34
41GF Score
Kilroy Realty Corp BSP:K2RC34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kilroy Realty Cyclically Adjusted PS Ratio Calculation

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

Kilroy Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kilroy Realty's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.47/333.9520*333.9520
=1.470

Current CPI (Jun. 2026) = 333.9520.

Kilroy Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.743 241.428 1.028
201612 0.743 241.432 1.028
201703 0.719 243.801 0.985
201706 0.734 244.955 1.001
201709 0.727 246.819 0.984
201712 0.727 246.524 0.985
201803 0.748 249.554 1.001
201806 0.841 251.989 1.115
201809 0.909 252.439 1.203
201812 0.896 251.233 1.191
201903 0.934 254.202 1.227
201906 0.965 256.143 1.258
201909 1.015 256.759 1.320
201912 1.062 256.974 1.380
202003 1.150 258.115 1.488
202006 1.276 257.797 1.653
202009 1.327 260.280 1.703
202012 1.331 260.474 1.706
202103 1.382 264.877 1.742
202106 1.281 271.696 1.575
202109 1.298 274.310 1.580
202112 1.557 278.802 1.865
202203 1.482 287.504 1.721
202206 1.424 296.311 1.605
202209 1.543 296.808 1.736
202212 1.592 296.797 1.791
202303 1.619 301.836 1.791
202306 1.500 305.109 1.642
202309 1.473 307.789 1.598
202312 1.415 306.746 1.540
202403 1.462 312.332 1.563
202406 1.554 314.175 1.652
202409 1.700 315.301 1.801
202412 1.760 315.605 1.862
202503 1.668 319.799 1.742
202506 1.730 322.561 1.791
202509 1.604 324.800 1.649
202512 1.540 324.054 1.587
202603 1.508 330.213 1.525
202606 1.470 333.952 1.470

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is Kilroy Realty (BSP:K2RC34) Overvalued in 2026?

Based on GuruFocus' analysis, Kilroy Realty stock appears to be overvalued. The current stock price of R$22.14 is trading 4.5% above its estimated GF Value™ of R$21.19. GuruFocus considers Kilroy Realty to be Fairly Valued.

Key valuation signals for BSP:K2RC34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$21.19 vs. price of R$22.14 (4.5% above fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the BSP:K2RC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kilroy Realty Business Description

Industry Real EstateREITs
Other Exchanges KRC:USAKRC:Germany
Address 12200 West Olympic Boulevard, Suite 200, Los Angeles, CA, USA, 90064
Kilroy Realty is a premier owner and landlord of approximately 16.3 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, Austin, Texas, and greater Seattle. The company operates as a real estate investment trust.
41GF Score

Get the complete analysis for BSP:K2RC34

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

R$22.14
Price
R$21.19
GF Value