Kirby (KEX) Cyclically Adjusted PS Ratio: 2.41 (As of Jul. 07, 2026) — 32% Above Median


KEX Kirby Corp KEX
84 GF Score
Price $132.16
GF Value $119.38
Valuation Fairly Valued
! 2 Warning Signs
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What is Kirby Cyclically Adjusted PS Ratio?

Kirby KEX -0.61% 84 Cyclically Adjusted PS Ratio is 2.41 as of Jul. 07, 2026, which is 32% above its 10-year median of 1.83. GuruFocus rates KEX with a GF Score™ of 84/100 and a GF Value™ of $119.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 752 Transportation companies, Kirby ranks worse than 77.93% on this metric.

As of today (2026-07-07), Kirby's current share price is $132.155. Kirby's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $54.85. Kirby's Cyclically Adjusted PS Ratio for today is 2.41.

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

KEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.83   Max: 2.75
Current: 2.42

During the past years, Kirby's highest Cyclically Adjusted PS Ratio was 2.75. The lowest was 0.85. And the median was 1.83.

KEX's Cyclically Adjusted PS Ratio is ranked worse than
77.93% of 752 companies
in the Transportation industry
Industry Median: 0.91 vs KEX: 2.42

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.

Kirby's adjusted revenue per share data for the three months ended in Mar. 2026 was $15.628. 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 $54.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirby  (NYSE:KEX) 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.


Kirby Cyclically Adjusted PS Ratio Related Terms


Kirby Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kirby'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.

Kirby Cyclically Adjusted PS Ratio Chart

Kirby 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 1.29 1.32 1.56 2.06 2.06

Kirby 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 1.94 2.15 1.57 2.06 2.42

KEX vs MATX, ZIM, SBLK: Cyclically Adjusted PS Ratio Comparison

For the Marine Shipping subindustry, Kirby'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.


Kirby Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Kirby's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KEX
84GF Score
Kirby Corp KEX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirby 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.155/54.85
=2.41

* 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.

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

For example, Kirby'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)
=15.628/330.2130*330.2130
=15.628

Current CPI (Mar. 2026) = 330.2130.

Kirby Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.250 241.018 11.303
201609 8.125 241.428 11.113
201612 8.137 241.432 11.129
201703 9.172 243.801 12.423
201706 8.823 244.955 11.894
201709 9.877 246.819 13.214
201712 11.925 246.524 15.973
201803 12.467 249.554 16.496
201806 13.425 251.989 17.592
201809 11.790 252.439 15.422
201812 12.075 251.233 15.871
201903 12.447 254.202 16.169
201906 12.871 256.143 16.593
201909 11.131 256.759 14.315
201912 10.932 256.974 14.048
202003 10.753 258.115 13.757
202006 9.029 257.797 11.565
202009 8.286 260.280 10.512
202012 8.171 260.474 10.359
202103 8.279 264.877 10.321
202106 9.285 271.696 11.285
202109 9.972 274.310 12.004
202112 9.841 278.802 11.656
202203 10.102 287.504 11.603
202206 11.543 296.311 12.864
202209 12.393 296.808 13.788
202212 12.127 296.797 13.492
202303 12.451 301.836 13.622
202306 12.936 305.109 14.000
202309 12.800 307.789 13.733
202312 13.470 306.746 14.500
202403 13.737 312.332 14.523
202406 14.070 314.175 14.788
202409 14.284 315.301 14.960
202412 13.871 315.605 14.513
202503 13.707 319.799 14.153
202506 15.158 322.561 15.518
202509 15.565 324.800 15.824
202512 15.629 324.054 15.926
202603 15.628 330.213 15.628

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 2.41 mean?
Kirby (KEX) has a Cyclically Adjusted PS Ratio of 2.41 as of Jul. 07, 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 Kirby and its competitors. This is 32% above median its historical median of 1.83. Over the past decade, Kirby's Cyclically Adjusted PS Ratio has ranged from 0.85 to 2.75. According to the industry distribution chart, Kirby ranks #586 out of 752 companies in the Transportation industry, placing it in the top 77.9%.
Is Kirby's Cyclically Adjusted PS Ratio too high?
Kirby's current Cyclically Adjusted PS Ratio of 2.41 is 32% above median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.75. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Kirby's value of 2.41 is 164.8% above this industry median. Based on the distribution chart, Kirby ranks #586 out of 752 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Kirby has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kirby's Cyclically Adjusted PS Ratio compare to MATX and ZIM?
According to the Transportation industry distribution chart, Kirby ranks #586 out of 752 companies for Cyclically Adjusted PS Ratio. This places Kirby in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Kirby's value of 2.41 is 164.8% above this benchmark. Historically, Kirby's own Cyclically Adjusted PS Ratio has ranged from 0.85 to 2.75 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.91, Kirby 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 a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 752 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. Kirby's current Cyclically Adjusted PS Ratio of 2.41 is 164.8% 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 Kirby and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirby's current Cyclically Adjusted PS Ratio is 2.41, which is 32% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirby stock overvalued right now?
Based on GuruFocus' analysis, Kirby (KEX) is currently considered Fairly Valued. The stock's GF Value™ is $119.38, compared to a current price of $132.16 — trading 10.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.41, which is 32% above median its 10-year median of 1.83 and 164.8% above the Transportation industry median of 0.91. Kirby's overall GF Score™ is 84/100 with 2 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 Kirby (KEX), the current Cyclically Adjusted PS Ratio is 2.41 as of Jul. 07, 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 Kirby (KEX) Overvalued in 2026?

Based on GuruFocus' analysis, Kirby stock appears to be overvalued. The current stock price of $132.16 is trading 10.7% above its estimated GF Value™ of $119.38. GuruFocus considers Kirby to be Fairly Valued.

Key valuation signals for KEX:

  • Cyclically Adjusted PS Ratio: 2.41 (32% above median its 10-year median of 1.83)
  • GF Value™: $119.38 vs. price of $132.16 (10.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 164.8% above the Transportation median (#586 of 752)

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


Kirby Business Description

Other Exchanges KIY:Germany
Address 55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, liquid cargoes, inland waterway systems, and dry bulk cargoes. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's majority revenue is generated from the Marine Transportation segment.
84GF Score

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

$132.16
Price
$119.38
GF Value