Kohl's (FRA:KHP) Cyclically Adjusted PS Ratio: 0.12 (As of Jul. 28, 2026) — 68% Below Median

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FRA:KHP Kohl's Corp FRA:KHP
70 GF Score
Price €15.78
GF Value €14.65
Valuation Fairly Valued
! 6 Warning Signs
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What is Kohl's Cyclically Adjusted PS Ratio?

Kohl's FRA:KHP -0.38% 70 Cyclically Adjusted PS Ratio is 0.12 as of Jul. 28, 2026, which is 68% below its 10-year median of 0.37. GuruFocus rates FRA:KHP with a GF Score™ of 70/100 and a GF Value™ of €14.65 (Fairly Valued). The stock has 6 warning signs investors should review. Among 792 Retail - Cyclical companies, Kohl's ranks better than 86.36% on this metric.

As of today (2026-07-28), Kohl's's current share price is €15.78. Kohl's's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €133.89. Kohl's's Cyclically Adjusted PS Ratio for today is 0.12.

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

FRA:KHP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.37   Max: 0.87
Current: 0.12

During the past years, Kohl's's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.04. And the median was 0.37.

FRA:KHP's Cyclically Adjusted PS Ratio is ranked better than
86.36% of 792 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:KHP: 0.12

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.

Kohl's's adjusted revenue per share data for the three months ended in Apr. 2026 was €24.177. 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 €133.89 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kohl's  (FRA:KHP) 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.


Kohl's Cyclically Adjusted PS Ratio Related Terms


Kohl's Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kohl's'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.

Kohl's Cyclically Adjusted PS Ratio Chart

Kohl's Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.24 0.18 0.09 0.11

Kohl's Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.04 0.07 0.11 0.11 0.09

FRA:KHP vs PLBL, M, DDS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Kohl's'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.


Kohl's Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohl's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KHP
70GF Score
Kohl's Corp FRA:KHP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kohl's 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.

Kohl's's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.78/133.89
=0.12

* 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.

Kohl's's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=24.177/333.0200*333.0200
=24.177

Current CPI (Apr. 2026) = 333.0200.

Kohl's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 20.910 240.628 28.939
201610 22.197 241.729 30.580
201701 38.455 242.839 52.736
201704 22.179 244.524 30.206
201707 22.681 244.786 30.856
201710 23.413 246.663 31.610
201801 34.445 247.867 46.278
201804 20.536 250.546 27.296
201807 23.566 252.006 31.142
201810 24.402 252.885 32.135
201901 36.895 251.712 48.813
201904 22.453 255.548 29.260
201907 24.853 256.571 32.258
201910 26.631 257.346 34.462
202001 39.714 257.971 51.268
202004 14.505 256.389 18.840
202007 19.123 259.101 24.579
202010 21.962 260.388 28.088
202101 32.739 261.582 41.680
202104 20.830 267.054 25.975
202107 24.430 273.003 29.801
202110 26.974 276.589 32.477
202201 43.196 281.148 51.166
202204 26.667 289.109 30.717
202207 31.387 296.276 35.280
202210 36.480 298.012 40.765
202301 51.719 299.170 57.571
202304 29.340 303.363 32.208
202307 31.721 305.691 34.557
202310 34.587 307.671 37.437
202401 49.258 308.417 53.187
202404 28.397 313.548 30.161
202407 30.722 314.540 32.527
202410 30.409 315.664 32.081
202501 46.549 317.671 48.798
202504 25.922 320.795 26.910
202507 26.657 323.048 27.480
202510 26.704 0.000
202601 38.616 325.252 39.538
202604 24.177 333.020 24.177

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 0.12 mean?
Kohl's (FRA:KHP) has a Cyclically Adjusted PS Ratio of 0.12 as of Jul. 28, 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 Kohl's and its competitors. This is 68% below median its historical median of 0.37. Over the past decade, Kohl's' Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.87. According to the industry distribution chart, Kohl's ranks #108 out of 792 companies in the Retail - Cyclical industry, placing it in the top 13.6%.
Is Kohl's' Cyclically Adjusted PS Ratio too high?
Kohl's' current Cyclically Adjusted PS Ratio of 0.12 is 68% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.87. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Kohl's' value of 0.12 is 75.5% below this industry median. Based on the distribution chart, Kohl's ranks #108 out of 792 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Kohl's has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kohl's' Cyclically Adjusted PS Ratio compare to PLBL and M?
According to the Retail - Cyclical industry distribution chart, Kohl's ranks #108 out of 792 companies for Cyclically Adjusted PS Ratio. This places Kohl's in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.49. Kohl's' value of 0.12 is 75.5% below this benchmark. Historically, Kohl's' own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.87 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.49, Kohl's has consistently been below 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 a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 792 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. Kohl's's current Cyclically Adjusted PS Ratio of 0.12 is 75.5% below 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 Kohl's and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kohl's's current Cyclically Adjusted PS Ratio is 0.12, which is 68% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kohl's stock overvalued right now?
Based on GuruFocus' analysis, Kohl's (FRA:KHP) is currently considered Fairly Valued. The stock's GF Value™ is €14.65, compared to a current price of €15.78 — trading 7.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is 68% below median its 10-year median of 0.37 and 75.5% below the Retail - Cyclical industry median of 0.49. Kohl's' overall GF Score™ is 70/100 with 6 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 Kohl's (FRA:KHP), the current Cyclically Adjusted PS Ratio is 0.12 as of Jul. 28, 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 Kohl's (FRA:KHP) Overvalued in 2026?

Based on GuruFocus' analysis, Kohl's stock appears to be overvalued. The current stock price of €15.78 is trading 7.7% above its estimated GF Value™ of €14.65. GuruFocus considers Kohl's to be Fairly Valued.

Key valuation signals for FRA:KHP:

  • Cyclically Adjusted PS Ratio: 0.12 (68% below median its 10-year median of 0.37)
  • GF Value™: €14.65 vs. price of €15.78 (7.7% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 75.5% below the Retail - Cyclical median (#108 of 792)

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


Kohl's Business Description

Address N56 W17000 Ridgewood Drive, Menomonee Falls, WI, USA, 53051
Kohl's is the second-largest traditional US department store company by sales. It has about 1,150 stores in 49 states and offers moderately priced private-label (31% of 2025 sales) and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most (about 80%) of its stores are in strip centers. Kohl's also has a large digital sales operation (29% of 2025 sales). Women's apparel is the retailer's largest category, having generated 24% of its 2025 sales. Kohl's is headquartered in Menomonee Falls, Wisconsin, and was founded in 1962.
70GF Score

Get the complete analysis for FRA:KHP

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

€15.78
Price
€14.65
GF Value