KEN (Kenon Holdings) Cyclically Adjusted PS Ratio: (As of Sep. 10, 2026)

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Director of Data and Quant Analytics at GuruFocus
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KEN Kenon Holdings Ltd KEN
66 GF Score
Price $69.23
GF Value $52.03
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kenon Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kenon Holdings  (NYSE:KEN) 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.


Kenon Holdings Cyclically Adjusted PS Ratio Related Terms


Kenon Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kenon Holdings'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.

Kenon Holdings Cyclically Adjusted PS Ratio Chart

Kenon Holdings 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 2.04 3.25 5.93

Kenon Holdings 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 4.25 4.79 5.93 7.55 0.00

KEN vs HNRG, OKLO, TLN: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Kenon Holdings'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.


Kenon Holdings Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KEN
66GF Score
Kenon Holdings Ltd KEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenon Holdings 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.

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

For example, Kenon Holdings'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)
=7.322/333.9520*333.9520
=7.322

Current CPI (Jun. 2026) = 333.9520.

Kenon Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.174 241.428 12.690
201612 -18.941 241.432 -26.199
201703 1.767 243.801 2.420
201706 1.587 244.955 2.164
201709 1.813 246.819 2.453
201712 1.647 246.524 2.231
201803 1.877 249.554 2.512
201806 1.535 251.989 2.034
201809 1.786 252.439 2.363
201812 1.577 251.233 2.096
201903 1.940 254.202 2.549
201906 1.381 256.143 1.801
201909 1.931 256.759 2.512
201912 1.917 256.974 2.491
202003 1.661 258.115 2.149
202006 1.414 257.797 1.832
202009 2.183 260.280 2.801
202012 1.939 260.474 2.486
202103 2.134 264.877 2.691
202106 1.953 271.696 2.401
202109 2.467 274.310 3.003
202112 2.498 278.802 2.992
202203 2.710 287.504 3.148
202206 2.246 296.311 2.531
202209 3.020 296.808 3.398
202212 2.692 296.797 3.029
202303 2.572 301.836 2.846
202306 3.080 305.109 3.371
202309 4.278 307.789 4.642
202312 2.872 306.746 3.127
202403 3.263 312.332 3.489
202406 3.442 314.175 3.659
202409 4.464 315.301 4.728
202412 3.029 315.605 3.205
202503 3.355 319.799 3.503
202506 3.920 322.561 4.058
202509 4.770 324.800 4.904
202512 4.667 324.054 4.810
202603 5.974 330.213 6.042
202606 7.322 333.952 7.322

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 Kenon Holdings (KEN) Overvalued in 2026?

Based on GuruFocus' analysis, Kenon Holdings stock appears to be overvalued. The current stock price of $69.23 is trading 33.1% above its estimated GF Value™ of $52.03. GuruFocus considers Kenon Holdings to be Significantly Overvalued.

Key valuation signals for KEN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $52.03 vs. price of $69.23 (33.1% above fair value)
  • GF Score™: 66/100 with 7 warning signs

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


Kenon Holdings Business Description

Other Exchanges KEN:Israel76N:Germany
Address 1 Temasek Avenue, No. 37-02B, Millenia Tower, Singapore, SGP, 039192
Kenon Holdings Ltd is a holding company that operates dynamic, growth-oriented businesses. The company's operating segments include: OPC Power Plants, which generates and supplies electricity and energy in Israel; and CPV Group, which generates and supplies electricity and energy in the United States. It generates maximum revenue from the OPC Power Plants segment, which generates and supplies electricity and energy in Israel. CPV Group is a limited partnership owned by OPC, which generates and supplies electricity and energy in the United States. Geographically, the company generates a majority of its revenue from Israel and the rest from the United States.
66GF Score

Get the complete analysis for KEN

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

$69.23
Price
$52.03
GF Value