Kennametal (MEX:KMT) Cyclically Adjusted PS Ratio: 1.18 (As of Jul. 22, 2026) — 22% Above Median

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MEX:KMT Kennametal Inc MEX:KMT
85 GF Score
Price MXN741.40
GF Value MXN637.49
! 2 Warning Signs
View Full Analysis

What is Kennametal Cyclically Adjusted PS Ratio?

Kennametal MEX:KMT 85 Cyclically Adjusted PS Ratio is 1.18 as of Jul. 22, 2026, which is 22% above its 10-year median of 0.97. GuruFocus rates MEX:KMT with a GF Score™ of 85/100 and a GF Value™ of MXN637.49. The stock has 2 warning signs investors should review. Among 2,298 Industrial Products companies, Kennametal ranks better than 61.49% on this metric.

As of today (2026-07-22), Kennametal's current share price is MXN741.40. Kennametal's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN626.69. Kennametal's Cyclically Adjusted PS Ratio for today is 1.18.

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

MEX:KMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.97   Max: 1.62
Current: 1.13

During the past years, Kennametal's highest Cyclically Adjusted PS Ratio was 1.62. The lowest was 0.49. And the median was 0.97.

MEX:KMT's Cyclically Adjusted PS Ratio is ranked better than
61.49% of 2298 companies
in the Industrial Products industry
Industry Median: 1.75 vs MEX:KMT: 1.13

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.

Kennametal's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN137.425. 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 MXN626.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kennametal  (MEX:KMT) 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.


Kennametal Cyclically Adjusted PS Ratio Related Terms


Kennametal Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kennametal'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.

Kennametal Cyclically Adjusted PS Ratio Chart

Kennametal Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.70 0.87 0.75 0.75

Kennametal 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 0.70 0.75 0.69 0.94 1.18

MEX:KMT vs HLMN, QEPC, EML: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, Kennametal'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.


Kennametal Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


MEX:KMT
85GF Score
Kennametal Inc MEX:KMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kennametal 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=741.40/626.69
=1.18

* 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.

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

For example, Kennametal'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)
=137.425/330.2130*330.2130
=137.425

Current CPI (Mar. 2026) = 330.2130.

Kennametal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 120.645 241.018 165.293
201609 115.244 241.428 157.625
201612 124.063 241.432 169.684
201703 122.308 243.801 165.658
201706 124.887 244.955 168.355
201709 119.875 246.819 160.378
201712 135.554 246.524 181.571
201803 132.895 249.554 175.848
201806 152.952 251.989 200.432
201809 131.908 252.439 172.548
201812 138.441 251.233 181.963
201903 139.005 254.202 180.570
201906 139.160 256.143 179.402
201909 122.511 256.759 157.559
201912 114.665 256.974 147.345
202003 135.339 258.115 173.143
202006 105.259 257.797 134.827
202009 106.137 260.280 134.654
202012 104.072 260.474 131.936
202103 117.119 264.877 146.008
202106 121.148 271.696 147.240
202109 117.307 274.310 141.214
202112 118.326 278.802 140.145
202203 121.703 287.504 139.782
202206 128.511 296.311 143.214
202209 121.131 296.808 134.764
202212 119.304 296.797 132.736
202303 118.872 301.836 130.048
202306 116.412 305.109 125.990
202309 106.301 307.789 114.046
202312 104.947 306.746 112.976
202403 107.205 312.332 113.342
202406 125.566 314.175 131.976
202409 120.647 315.301 126.353
202412 128.268 315.605 134.205
202503 128.148 319.799 132.321
202506 126.368 322.561 129.366
202509 118.900 324.800 120.882
202512 123.691 324.054 126.042
202603 137.425 330.213 137.425

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 1.18 mean?
Kennametal (MEX:KMT) has a Cyclically Adjusted PS Ratio of 1.18 as of Jul. 22, 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 Kennametal and its competitors. This is 22% above median its historical median of 0.97. Over the past decade, Kennametal's Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.62. According to the industry distribution chart, Kennametal ranks #885 out of 2298 companies in the Industrial Products industry, placing it in the top 38.5%.
Is Kennametal's Cyclically Adjusted PS Ratio too high?
Kennametal's current Cyclically Adjusted PS Ratio of 1.18 is 22% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.62. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.75. Kennametal's value of 1.18 is 32.6% below this industry median. Based on the distribution chart, Kennametal ranks #885 out of 2298 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kennametal has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Kennametal's Cyclically Adjusted PS Ratio compare to HLMN and QEPC?
According to the Industrial Products industry distribution chart, Kennametal ranks #885 out of 2298 companies for Cyclically Adjusted PS Ratio. This puts Kennametal in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.75. Kennametal's value of 1.18 is 32.6% below this benchmark. Historically, Kennametal's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.62 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.75, Kennametal 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.75, based on 2,298 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. Kennametal's current Cyclically Adjusted PS Ratio of 1.18 is 32.6% 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 Kennametal and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kennametal's current Cyclically Adjusted PS Ratio is 1.18, which is 22% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kennametal stock overvalued right now?
Kennametal (MEX:KMT) has a current Cyclically Adjusted PS Ratio of 1.18. The stock's GF Value™ is MXN637.49, compared to a current price of MXN741.40 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.18, which is 22% above median its 10-year median of 0.97 and 32.6% below the Industrial Products industry median of 1.75. Kennametal's overall GF Score™ is 85/100 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 Kennametal (MEX:KMT), the current Cyclically Adjusted PS Ratio is 1.18 as of Jul. 22, 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 Kennametal (MEX:KMT) Overvalued in 2026?

Based on GuruFocus' analysis, Kennametal stock appears to be overvalued. The current stock price of MXN741.40 is trading 16.3% above its estimated GF Value™ of MXN637.49.

Key valuation signals for MEX:KMT:

  • Cyclically Adjusted PS Ratio: 1.18 (22% above median its 10-year median of 0.97)
  • GF Value™: MXN637.49 vs. price of MXN741.40 (16.3% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 32.6% below the Industrial Products median (#885 of 2298)

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


Kennametal Business Description

Other Exchanges KMT:USAKM3:Germany
Address 525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
85GF Score

Get the complete analysis for MEX:KMT

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

MXN741.40
Price
MXN637.49
GF Value