KT&G (LUX:KT&GC) Cyclically Adjusted PS Ratio: 3.15 (As of Jul. 26, 2026) — 31% Above Median

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LUX:KT&GC KT&G Corp LUX:KT&GC
91 GF Score
Price $31.80
GF Value $23.37
! 7 Warning Signs
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What is KT&G Cyclically Adjusted PS Ratio?

KT&G LUX:KT&GC 91 Cyclically Adjusted PS Ratio is 3.15 as of Jul. 26, 2026, which is 31% above its 10-year median of 2.40. GuruFocus rates LUX:KT&GC with a GF Score™ of 91/100 and a GF Value™ of $23.37. The stock has 7 warning signs investors should review. Among 34 Tobacco Products companies, KT&G ranks worse than 64.71% on this metric.

As of today (2026-07-26), KT&G's current share price is $31.80. KT&G's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.11. KT&G's Cyclically Adjusted PS Ratio for today is 3.15.

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

LUX:KT&GC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.4   Max: 3.72
Current: 3.61

During the past years, KT&G's highest Cyclically Adjusted PS Ratio was 3.72. The lowest was 1.87. And the median was 2.40.

LUX:KT&GC's Cyclically Adjusted PS Ratio is ranked worse than
64.71% of 34 companies
in the Tobacco Products industry
Industry Median: 2.07 vs LUX:KT&GC: 3.61

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.

KT&G's adjusted revenue per share data for the three months ended in Mar. 2026 was $5.505. 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 $10.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KT&G  (LUX:KT&GC) 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.


KT&G Cyclically Adjusted PS Ratio Related Terms


KT&G Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for KT&G'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.

KT&G Cyclically Adjusted PS Ratio Chart

KT&G 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 2.07 2.22 1.97 2.31 2.87

KT&G 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 2.14 2.68 2.76 2.87 3.15

LUX:KT&GC vs PM, MO, TPB: Cyclically Adjusted PS Ratio Comparison

For the Tobacco subindustry, KT&G'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.


KT&G Cyclically Adjusted PS Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, KT&G's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LUX:KT&GC
91GF Score
KT&G Corp LUX:KT&GC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KT&G 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.

KT&G's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.80/10.11
=3.15

* 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.

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

For example, KT&G'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)
=5.505/125.2360*125.2360
=5.505

Current CPI (Mar. 2026) = 125.2360.

KT&G Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.702 100.791 4.600
201609 4.364 101.461 5.387
201612 3.578 101.561 4.412
201703 4.116 102.851 5.012
201706 4.067 102.611 4.964
201709 4.475 103.491 5.415
201712 3.832 102.991 4.660
201803 3.951 104.101 4.753
201806 4.051 104.130 4.872
201809 4.182 105.651 4.957
201812 3.887 104.351 4.665
201903 4.146 104.491 4.969
201906 4.243 104.881 5.066
201909 4.385 105.200 5.220
201912 4.036 105.121 4.808
202003 3.821 105.354 4.542
202006 4.317 105.112 5.144
202009 4.948 106.198 5.835
202012 4.033 105.765 4.775
202103 4.307 107.357 5.024
202106 4.588 107.579 5.341
202109 5.135 108.759 5.913
202112 4.293 109.676 4.902
202203 4.788 111.848 5.361
202206 4.624 114.072 5.077
202209 4.848 114.715 5.293
202212 4.581 115.179 4.981
202303 4.595 116.507 4.939
202306 4.429 117.182 4.733
202309 5.463 118.964 5.751
202312 4.900 118.837 5.164
202403 4.216 120.123 4.395
202406 4.485 120.007 4.680
202409 5.773 120.861 5.982
202412 4.980 121.135 5.149
202503 4.740 122.590 4.842
202506 5.255 122.611 5.368
202509 6.097 123.402 6.188
202512 5.625 123.939 5.684
202603 5.505 125.236 5.505

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 3.15 mean?
KT&G (LUX:KT&GC) has a Cyclically Adjusted PS Ratio of 3.15 as of Jul. 26, 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 KT&G and its competitors. This is 31% above median its historical median of 2.40. Over the past decade, KT&G's Cyclically Adjusted PS Ratio has ranged from 1.87 to 3.72. According to the industry distribution chart, KT&G ranks #22 out of 34 companies in the Tobacco Products industry, placing it in the top 64.7%.
Is KT&G's Cyclically Adjusted PS Ratio too high?
KT&G's current Cyclically Adjusted PS Ratio of 3.15 is 31% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 3.72. The Tobacco Products industry median Cyclically Adjusted PS Ratio is 2.07. KT&G's value of 3.15 is 52.2% above this industry median. Based on the distribution chart, KT&G ranks #22 out of 34 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, KT&G has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does KT&G's Cyclically Adjusted PS Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, KT&G ranks #22 out of 34 companies for Cyclically Adjusted PS Ratio. This places KT&G in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.07. KT&G's value of 3.15 is 52.2% above this benchmark. Historically, KT&G's own Cyclically Adjusted PS Ratio has ranged from 1.87 to 3.72 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 2.07, KT&G 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 Tobacco Products company?
The median Cyclically Adjusted PS Ratio among Tobacco Products companies is 2.07, based on 34 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. KT&G's current Cyclically Adjusted PS Ratio of 3.15 is 52.2% 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 KT&G and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PS Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KT&G's current Cyclically Adjusted PS Ratio is 3.15, which is 31% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KT&G stock overvalued right now?
KT&G (LUX:KT&GC) has a current Cyclically Adjusted PS Ratio of 3.15. The stock's GF Value™ is $23.37, compared to a current price of $31.80 — trading 36.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.15, which is 31% above median its 10-year median of 2.40 and 52.2% above the Tobacco Products industry median of 2.07. KT&G's overall GF Score™ is 91/100 with 7 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 KT&G (LUX:KT&GC), the current Cyclically Adjusted PS Ratio is 3.15 as of Jul. 26, 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 KT&G (LUX:KT&GC) Overvalued in 2026?

Based on GuruFocus' analysis, KT&G stock appears to be overvalued. The current stock price of $31.80 is trading 36.1% above its estimated GF Value™ of $23.37.

Key valuation signals for LUX:KT&GC:

  • Cyclically Adjusted PS Ratio: 3.15 (31% above median its 10-year median of 2.40)
  • GF Value™: $23.37 vs. price of $31.80 (36.1% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 52.2% above the Tobacco Products median (#22 of 34)

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


KT&G Business Description

Other Exchanges 033780:Korea
Address 71, Beotkkot-gil, Daedeok-gu, Daejeon, KOR, 34618
KT&G Corp manufactures and sells tobacco products in South Korea. Its flagship cigarette brand is Esse. Other brands include This, The One, Bohem, and Raison. The company has four reportable divisions: Tobacco Business, Ginseng Business, Real Estate Business, and Other Business divisions. The Tobacco division handles tobacco manufacturing and sales, the Ginseng division focuses on manufacturing and sales of red ginseng products, the Real Estate division engages in real estate sales and rental activities, and the Other Business division includes manufacturing and sales of pharmaceuticals and cosmetics. It generates the majority of its revenue from the Tobacco Business.
91GF Score

Get the complete analysis for LUX:KT&GC

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

$31.80
Price
$23.37
GF Value