KWY (Kingsway) Cyclically Adjusted PS Ratio: 2.14 (As of Aug. 15, 2026) — 219% Above Median

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KWY Kingsway Corp KWY
56 GF Score
Price $9.94
GF Value $11.30
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kingsway Cyclically Adjusted PS Ratio?

Kingsway KWY +0.61% 56 Cyclically Adjusted PS Ratio is 2.14 as of Aug. 15, 2026, which is 219% above its 10-year median of 0.67. GuruFocus rates KWY with a GF Score™ of 56/100 and a GF Value™ of $11.30 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 922 Asset Management companies, Kingsway ranks better than 80.8% on this metric.

As of today (2026-08-15), Kingsway's current share price is $9.94. Kingsway's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $4.64. Kingsway's Cyclically Adjusted PS Ratio for today is 2.14.

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

KWY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.67   Max: 3.3
Current: 2.14

During the past years, Kingsway's highest Cyclically Adjusted PS Ratio was 3.30. The lowest was 0.14. And the median was 0.67.

KWY's Cyclically Adjusted PS Ratio is ranked better than
80.8% of 922 companies
in the Asset Management industry
Industry Median: 7.96 vs KWY: 2.14

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.

Kingsway's adjusted revenue per share data for the three months ended in Jun. 2026 was $1.378. 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 $4.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingsway  (NYSE:KWY) 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.


Kingsway Cyclically Adjusted PS Ratio Related Terms


Kingsway Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kingsway'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.

Kingsway Cyclically Adjusted PS Ratio Chart

Kingsway 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 0.74 1.16 1.43 1.60 2.82

Kingsway 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 2.70 2.97 2.82 2.20 2.24

KWY vs GLO, FCT, KF: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Kingsway'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.


Kingsway Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Kingsway's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KWY
56GF Score
Kingsway Corp KWY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kingsway 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.94/4.64
=2.14

* 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.

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

For example, Kingsway'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)
=1.378/333.9520*333.9520
=1.378

Current CPI (Jun. 2026) = 333.9520.

Kingsway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.975 241.428 2.732
201612 2.596 241.432 3.591
201703 0.513 243.801 0.703
201706 0.484 244.955 0.660
201709 0.540 246.819 0.731
201712 0.619 246.524 0.839
201803 0.694 249.554 0.929
201806 0.570 251.989 0.755
201809 0.621 252.439 0.822
201812 0.600 251.233 0.798
201903 0.646 254.202 0.849
201906 0.690 256.143 0.900
201909 0.815 256.759 1.060
201912 0.741 256.974 0.963
202003 0.663 258.115 0.858
202006 0.663 257.797 0.859
202009 0.764 260.280 0.980
202012 0.807 260.474 1.035
202103 0.998 264.877 1.258
202106 1.010 271.696 1.241
202109 0.944 274.310 1.149
202112 0.666 278.802 0.798
202203 1.000 287.504 1.162
202206 1.055 296.311 1.189
202209 1.503 296.808 1.691
202212 1.114 296.797 1.253
202303 1.025 301.836 1.134
202306 1.117 305.109 1.223
202309 0.986 307.789 1.070
202312 0.945 306.746 1.029
202403 0.984 312.332 1.052
202406 0.994 314.175 1.057
202409 1.048 315.301 1.110
202412 1.114 315.605 1.179
202503 1.046 319.799 1.092
202506 1.137 322.561 1.177
202509 1.319 324.800 1.356
202512 1.363 324.054 1.405
202603 1.361 330.213 1.376
202606 1.378 333.952 1.378

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 2.14 mean?
Kingsway (KWY) has a Cyclically Adjusted PS Ratio of 2.14 as of Aug. 15, 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 Kingsway and its competitors. This is 219% above median its historical median of 0.67. Over the past decade, Kingsway's Cyclically Adjusted PS Ratio has ranged from 0.14 to 3.30. According to the industry distribution chart, Kingsway ranks #177 out of 922 companies in the Asset Management industry, placing it in the top 19.2%.
Is Kingsway's Cyclically Adjusted PS Ratio too high?
Kingsway's current Cyclically Adjusted PS Ratio of 2.14 is 219% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 3.30. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.96. Kingsway's value of 2.14 is 73.1% below this industry median. Based on the distribution chart, Kingsway ranks #177 out of 922 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Kingsway has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kingsway's Cyclically Adjusted PS Ratio compare to GLO and FCT?
According to the Asset Management industry distribution chart, Kingsway ranks #177 out of 922 companies for Cyclically Adjusted PS Ratio. This places Kingsway in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.96. Kingsway's value of 2.14 is 73.1% below this benchmark. Historically, Kingsway's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 3.30 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 7.96, Kingsway 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.96, based on 922 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. Kingsway's current Cyclically Adjusted PS Ratio of 2.14 is 73.1% 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 Kingsway and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingsway's current Cyclically Adjusted PS Ratio is 2.14, which is 219% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingsway stock overvalued right now?
Based on GuruFocus' analysis, Kingsway (KWY) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.30, compared to a current price of $9.94 — trading 12% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.14, which is 219% above median its 10-year median of 0.67 and 73.1% below the Asset Management industry median of 7.96. Kingsway's overall GF Score™ is 56/100 with 4 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 Kingsway (KWY), the current Cyclically Adjusted PS Ratio is 2.14 as of Aug. 15, 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 Kingsway (KWY) Overvalued in 2026?

Based on GuruFocus' analysis, Kingsway stock appears to be undervalued. The current stock price of $9.94 is trading 12% below its estimated GF Value™ of $11.30. GuruFocus considers Kingsway to be Modestly Undervalued.

Key valuation signals for KWY:

  • Cyclically Adjusted PS Ratio: 2.14 (219% above median its 10-year median of 0.67)
  • GF Value™: $11.30 vs. price of $9.94 (12% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 73.1% below the Asset Management median (#177 of 922)

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


Kingsway Business Description

Address 10 S. Riverside Plaza, Suite 1520, Chicago, IL, USA, 60606
Kingsway Corp is a U.S.-based company employing the Search Fund model to acquire and build great businesses. The company owns and operates a collection of B2B and B2C services companies that are asset-light, growing, profitable, and that have recurring revenues. It seeks to compound long-term shareholder value on a per share basis via its decentralized management model, its talented team of operators, and its tax-advantaged corporate structure.
56GF 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.

$9.94
Price
$11.30
GF Value