Kornit Digital (FRA:0KD) Cyclically Adjusted PS Ratio: 2.84 (As of Jul. 29, 2026) — 13% Below 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.

FRA:0KD Kornit Digital Ltd FRA:0KD
70 GF Score
Price €13.10
GF Value €16.77
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kornit Digital Cyclically Adjusted PS Ratio?

Kornit Digital FRA:0KD -1.50% 70 Cyclically Adjusted PS Ratio is 2.84 as of Jul. 29, 2026, which is 13% below its 10-year median of 3.27. GuruFocus rates FRA:0KD with a GF Score™ of 70/100 and a GF Value™ of €16.77 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,300 Industrial Products companies, Kornit Digital ranks worse than 66.39% on this metric.

As of today (2026-07-29), Kornit Digital's current share price is €13.10. Kornit Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.61. Kornit Digital's Cyclically Adjusted PS Ratio for today is 2.84.

The historical rank and industry rank for Kornit Digital's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:0KD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 3.27   Max: 6.42
Current: 2.8

During the past years, Kornit Digital's highest Cyclically Adjusted PS Ratio was 6.42. The lowest was 2.38. And the median was 3.27.

FRA:0KD's Cyclically Adjusted PS Ratio is ranked worse than
66.39% of 2300 companies
in the Industrial Products industry
Industry Median: 1.71 vs FRA:0KD: 2.80

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Kornit Digital's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.949. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €4.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kornit Digital  (FRA:0KD) 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.


Kornit Digital Cyclically Adjusted PS Ratio Related Terms


Kornit Digital Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kornit Digital'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.

Kornit Digital Cyclically Adjusted PS Ratio Chart

Kornit Digital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.90 6.04 2.69

Kornit Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.66 3.78 2.53 2.69 2.69

FRA:0KD vs PSIX, FISN, NNE: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


Kornit Digital Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:0KD
70GF Score
Kornit Digital Ltd FRA:0KD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kornit Digital 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.

Kornit Digital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.10/4.61
=2.84

* 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.

Kornit Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kornit Digital's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.949/330.2130*330.2130
=0.949

Current CPI (Mar. 2026) = 330.2130.

Kornit Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.699 241.018 0.958
201609 0.790 241.428 1.081
201612 0.956 241.432 1.308
201703 0.776 243.801 1.051
201706 0.733 244.955 0.988
201709 0.684 246.819 0.915
201712 0.817 246.524 1.094
201803 0.727 249.554 0.962
201806 0.876 251.989 1.148
201809 0.903 252.439 1.181
201812 0.923 251.233 1.213
201903 0.972 254.202 1.263
201906 1.076 256.143 1.387
201909 1.019 256.759 1.311
201912 1.057 256.974 1.358
202003 0.582 258.115 0.745
202006 0.813 257.797 1.041
202009 1.141 260.280 1.448
202012 1.293 260.474 1.639
202103 1.168 264.877 1.456
202106 1.417 271.696 1.722
202109 1.531 274.310 1.843
202112 1.523 278.802 1.804
202203 1.523 287.504 1.749
202206 1.105 296.311 1.231
202209 1.354 296.808 1.506
202212 1.197 296.797 1.332
202303 0.895 301.836 0.979
202306 1.047 305.109 1.133
202309 1.133 307.789 1.216
202312 1.076 306.746 1.158
202403 0.846 312.332 0.894
202406 0.950 314.175 0.998
202409 0.960 315.301 1.005
202412 1.229 315.605 1.286
202503 0.938 319.799 0.969
202506 0.955 322.561 0.978
202509 1.008 324.800 1.025
202512 1.114 324.054 1.135
202603 0.949 330.213 0.949

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.

What does a Cyclically Adjusted PS Ratio of 2.84 mean?
Kornit Digital (FRA:0KD) has a Cyclically Adjusted PS Ratio of 2.84 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kornit Digital and its competitors. This is 13% below median its historical median of 3.27. Over the past decade, Kornit Digital's Cyclically Adjusted PS Ratio has ranged from 2.38 to 6.42. According to the industry distribution chart, Kornit Digital ranks #1527 out of 2300 companies in the Industrial Products industry, placing it in the top 66.4%.
Is Kornit Digital's Cyclically Adjusted PS Ratio too high?
Kornit Digital's current Cyclically Adjusted PS Ratio of 2.84 is 13% below median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 6.42. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Kornit Digital's value of 2.84 is 66.1% above this industry median. Based on the distribution chart, Kornit Digital ranks #1527 out of 2300 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kornit Digital has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kornit Digital's Cyclically Adjusted PS Ratio compare to PSIX and FISN?
According to the Industrial Products industry distribution chart, Kornit Digital ranks #1527 out of 2300 companies for Cyclically Adjusted PS Ratio. This places Kornit Digital in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Kornit Digital's value of 2.84 is 66.1% above this benchmark. Historically, Kornit Digital's own Cyclically Adjusted PS Ratio has ranged from 2.38 to 6.42 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 1.71, Kornit Digital 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 PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,300 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kornit Digital's current Cyclically Adjusted PS Ratio of 2.84 is 66.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kornit Digital and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kornit Digital's current Cyclically Adjusted PS Ratio is 2.84, which is 13% below median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kornit Digital stock overvalued right now?
Based on GuruFocus' analysis, Kornit Digital (FRA:0KD) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.77, compared to a current price of €13.10 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.84, which is 13% below median its 10-year median of 3.27 and 66.1% above the Industrial Products industry median of 1.71. Kornit Digital's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Kornit Digital (FRA:0KD), the current Cyclically Adjusted PS Ratio is 2.84 as of Jul. 29, 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 Kornit Digital (FRA:0KD) Overvalued in 2026?

Based on GuruFocus' analysis, Kornit Digital stock appears to be undervalued. The current stock price of €13.10 is trading 21.9% below its estimated GF Value™ of €16.77. GuruFocus considers Kornit Digital to be Modestly Undervalued.

Key valuation signals for FRA:0KD:

  • Cyclically Adjusted PS Ratio: 2.84 (13% below median its 10-year median of 3.27)
  • GF Value™: €16.77 vs. price of €13.10 (21.9% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 66.1% above the Industrial Products median (#1527 of 2300)

No single metric tells the full story. See the FRA:0KD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kornit Digital Business Description

Other Exchanges KRNT:USA0KD:Germany
Address 12 Ha\'Amal Street, Afek Park, Rosh-Ha\'Ayin, ISR, 4809246
Kornit Digital Ltd is a developer and provider of digital solutions for the printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services that enable large-scale printing of short-run complex images and designs directly on finished garments and fabrics. It generates revenue from sales of systems, ink, and other consumables, and services, including software subscriptions. The company geographically operates in the U.S., EMEA, Asia Pacific, and other countries. It derives maximum revenue from the U.S.
70GF Score

Get the complete analysis for FRA:0KD

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

€13.10
Price
€16.77
GF Value