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KB Home (FRA:KBH) Cyclically Adjusted PS Ratio : 1.40 (As of Sep. 24, 2024)


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What is KB Home Cyclically Adjusted PS Ratio?

As of today (2024-09-24), KB Home's current share price is €78.00. KB Home's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2024 was €55.57. KB Home's Cyclically Adjusted PS Ratio for today is 1.40.

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

FRA:KBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.81   Max: 1.45
Current: 1.45

During the past years, KB Home's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 0.23. And the median was 0.81.

FRA:KBH's Cyclically Adjusted PS Ratio is ranked worse than
73.33% of 75 companies
in the Homebuilding & Construction industry
Industry Median: 0.67 vs FRA:KBH: 1.45

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.

KB Home's adjusted revenue per share data for the three months ended in May. 2024 was €20.327. 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 €55.57 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Home Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KB Home'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.

* Premium members only.

KB Home Cyclically Adjusted PS Ratio Chart

KB Home Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.99 0.95 0.62 0.92

KB Home Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.81 0.92 0.92 1.13 1.16

Competitive Comparison of KB Home's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, KB Home'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.


KB Home's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

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

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



KB Home 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.

KB Home's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.00/55.57
=1.40

* 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 Revenue per Share for the quarter that ended in May. 2024 is calculated as:

For example, KB Home's adjusted Revenue per Share data for the three months ended in May. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=20.327/132.5091*132.5091
=20.327

Current CPI (May. 2024) = 132.5091.

KB Home Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201408 4.335 100.352 5.724
201411 6.295 99.635 8.372
201502 5.025 99.032 6.724
201505 5.491 100.333 7.252
201508 7.432 100.548 9.794
201511 8.618 100.135 11.404
201602 6.154 100.040 8.151
201605 7.569 101.355 9.896
201608 8.557 101.617 11.158
201611 11.534 101.829 15.009
201702 7.984 102.779 10.294
201705 9.286 103.256 11.917
201708 9.796 103.587 12.531
201711 11.908 104.072 15.162
201802 8.101 105.052 10.218
201805 9.211 106.148 11.499
201808 10.499 106.383 13.077
201811 11.797 106.338 14.700
201902 7.373 106.649 9.161
201905 9.890 108.048 12.129
201908 11.240 108.245 13.760
201911 15.126 108.519 18.470
202002 10.473 109.139 12.716
202005 8.966 108.175 10.983
202008 8.970 109.662 10.839
202011 10.637 109.793 12.838
202102 9.949 110.968 11.880
202105 12.433 113.576 14.506
202108 13.371 115.421 15.351
202111 16.159 117.269 18.259
202202 13.532 119.703 14.980
202205 18.017 123.323 19.359
202208 20.493 124.958 21.731
202211 21.834 125.607 23.034
202302 15.035 126.928 15.696
202305 19.264 128.314 19.894
202308 17.590 129.538 17.994
202311 19.209 129.548 19.648
202402 17.385 130.930 17.595
202405 20.327 132.509 20.327

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.


KB Home  (FRA:KBH) 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.


KB Home Cyclically Adjusted PS Ratio Related Terms

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


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.