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Koninklijke KPN NVKKPNF +0.21%65 Cyclically Adjusted PS Ratio is 2.65 as of Sep. 16, 2026, which is 263% above its 10-year median of 0.73. GuruFocus rates KKPNF with a GF Score™ of 65/100 and a GF Value™ of $9.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 309 Telecommunication Services companies, Koninklijke KPN NV ranks worse than 62.78% on this metric.
The historical rank and industry rank for Koninklijke KPN NV's Cyclically Adjusted PS Ratio or its related term are showing as below:
KKPNF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.73 Max: 1.91
Current: 1.79
During the past 13 years, Koninklijke KPN NV's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.52. And the median was 0.73.
KKPNF's Cyclically Adjusted PS Ratio is ranked worse than 62.78% of 309
companies
in the Telecommunication Services industry
Industry Median: 1.18
vs KKPNF: 1.79
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.
Koninklijke KPN NV's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $1.699. 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 $1.83 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Koninklijke KPN NV (OTCPK:KKPNF) 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.
Koninklijke KPN NV Cyclically Adjusted PS Ratio Related Terms
Koninklijke KPN NV Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Koninklijke KPN NV'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.
Koninklijke KPN NV Cyclically Adjusted PS Ratio Chart
KKPNF vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison
For the Telecom Services subindustry, Koninklijke KPN NV'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.
Koninklijke KPN NV Cyclically Adjusted PS Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Koninklijke KPN NV's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Koninklijke KPN NV's Cyclically Adjusted PS Ratio falls into.
Koninklijke KPN NV 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.
Koninklijke KPN NV's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 2.65 mean?
Koninklijke KPN NV (KKPNF) has a Cyclically Adjusted PS Ratio of 2.65 as of Sep. 16, 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 Koninklijke KPN NV and its competitors. This is 263% above median its historical median of 0.73. Over the past decade, Koninklijke KPN NV's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.91. According to the industry distribution chart, Koninklijke KPN NV ranks #194 out of 309 companies in the Telecommunication Services industry, placing it in the top 62.8%.
Is Koninklijke KPN NV's Cyclically Adjusted PS Ratio too high?
Koninklijke KPN NV's current Cyclically Adjusted PS Ratio of 2.65 is 263% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.91. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.18. Koninklijke KPN NV's value of 2.65 is 124.6% above this industry median. Based on the distribution chart, Koninklijke KPN NV ranks #194 out of 309 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Koninklijke KPN NV has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Koninklijke KPN NV's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Koninklijke KPN NV ranks #194 out of 309 companies for Cyclically Adjusted PS Ratio. This places Koninklijke KPN NV in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.18. Koninklijke KPN NV's value of 2.65 is 124.6% above this benchmark. Historically, Koninklijke KPN NV's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.91 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.18, Koninklijke KPN NV 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.18, based on 309 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. Koninklijke KPN NV's current Cyclically Adjusted PS Ratio of 2.65 is 124.6% 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 Koninklijke KPN NV and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke KPN NV's current Cyclically Adjusted PS Ratio is 2.65, which is 263% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke KPN NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke KPN NV (KKPNF) is currently considered Possible Value Trap. The stock's GF Value™ is $9.23, compared to a current price of $4.83 — trading 47.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.65, which is 263% above median its 10-year median of 0.73 and 124.6% above the Telecommunication Services industry median of 1.18. Koninklijke KPN NV's overall GF Score™ is 65/100 with 5 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 Koninklijke KPN NV (KKPNF), the current Cyclically Adjusted PS Ratio is 2.65 as of Sep. 16, 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 Koninklijke KPN NV (KKPNF) Overvalued in 2026?
Based on GuruFocus' analysis, Koninklijke KPN NV stock appears to be undervalued.
The current stock price of $4.83 is trading 47.7% below its estimated GF Value™ of $9.23.
GuruFocus considers Koninklijke KPN NV to be Possible Value Trap.
Key valuation signals for KKPNF:
Cyclically Adjusted PS Ratio: 2.65 (263% above median its 10-year median of 0.73)
GF Value™: $9.23 vs. price of $4.83 (47.7% below fair value)
Industry Position: 124.6% above the Telecommunication Services median (#194 of 309)
No single metric tells the full story. See the KKPNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KPN is the incumbent telecommunications operator in the Netherlands. It has 40% share of the broadband market and 20% of the postpaid mobile market, with VodafoneZiggo (mobile and fixed) and Odido (mobile) as main competitors. KPN is rolling out fiber to the home in the Netherlands and expects to have most of the country covered by 2026. KPN's management has a cost-conscious mentality, something that has allowed it to grow dividends at midsingle digits over many years.
65GF Score
Get the complete analysis for KKPNF
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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