Koninklijke KPN NV (MEX:KPNN) Cyclically Adjusted PS Ratio: 1.95 (As of Jul. 25, 2026) — 167% Above Median

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MEX:KPNN Koninklijke KPN NV MEX:KPNN
64 GF Score
Price MXN87.51
GF Value MXN85.14
Valuation Fairly Valued
! 6 Warning Signs
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What is Koninklijke KPN NV Cyclically Adjusted PS Ratio?

Koninklijke KPN NV MEX:KPNN 64 Cyclically Adjusted PS Ratio is 1.95 as of Jul. 25, 2026, which is 167% above its 10-year median of 0.73. GuruFocus rates MEX:KPNN with a GF Score™ of 64/100 and a GF Value™ of MXN85.14 (Fairly Valued). The stock has 6 warning signs investors should review. Among 303 Telecommunication Services companies, Koninklijke KPN NV ranks worse than 63.04% on this metric.

As of today (2026-07-25), Koninklijke KPN NV's current share price is MXN87.51. Koninklijke KPN NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN44.86. Koninklijke KPN NV's Cyclically Adjusted PS Ratio for today is 1.95.

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

MEX:KPNN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.73   Max: 1.89
Current: 1.79

During the past years, Koninklijke KPN NV's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.52. And the median was 0.73.

MEX:KPNN's Cyclically Adjusted PS Ratio is ranked worse than
63.04% of 303 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs MEX:KPNN: 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 for the three months ended in Jun. 2026 was MXN7.104. 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 MXN44.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke KPN NV  (MEX:KPNN) 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

Koninklijke KPN NV 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 0.00 0.00 0.00 0.00 0.00

Koninklijke KPN NV Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.40 0.00 0.00 0.00 1.88

MEX:KPNN vs TMUS, VZ, 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.


MEX:KPNN
64GF Score
Koninklijke KPN NV MEX:KPNN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.51/44.86
=1.95

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

For example, Koninklijke KPN NV'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)
=7.104/138.6000*138.6000
=7.104

Current CPI (Jun. 2026) = 138.6000.

Koninklijke KPN NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 16.490 96.760 23.620
201303 14.695 98.580 20.661
201306 6.840 98.320 9.642
201309 8.566 99.080 11.983
201312 8.538 98.360 12.031
201403 8.441 99.390 11.771
201406 7.041 99.240 9.834
201409 7.338 99.960 10.175
201412 7.903 99.050 11.059
201503 6.792 99.750 9.437
201506 7.566 100.230 10.462
201509 7.834 100.500 10.804
201512 7.645 99.730 10.625
201603 7.582 100.310 10.476
201606 8.647 100.260 11.954
201612 0.000 100.710 0.000
201706 6.979 101.370 9.542
201712 0.000 101.970 0.000
201806 7.259 103.100 9.758
201812 0.000 103.970 0.000
201906 6.913 105.840 9.053
201912 0.000 106.800 0.000
202006 7.414 107.510 9.558
202012 0.000 107.850 0.000
202106 7.371 109.670 9.315
202112 0.000 114.010 0.000
202206 7.529 119.050 8.765
202212 0.000 124.940 0.000
202306 5.718 125.830 6.298
202312 0.000 126.450 0.000
202403 0.000 128.580 0.000
202406 7.167 129.910 7.646
202409 0.000 131.610 0.000
202412 0.000 131.630 0.000
202503 0.000 133.330 0.000
202506 7.601 133.960 7.864
202509 0.000 135.920 0.000
202512 0.000 135.270 0.000
202603 0.000 136.910 0.000
202606 7.104 138.600 7.104

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 1.95 mean?
Koninklijke KPN NV (MEX:KPNN) has a Cyclically Adjusted PS Ratio of 1.95 as of Jul. 25, 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 167% 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 1.89. According to the industry distribution chart, Koninklijke KPN NV ranks #191 out of 303 companies in the Telecommunication Services industry, placing it in the top 63%.
Is Koninklijke KPN NV's Cyclically Adjusted PS Ratio too high?
Koninklijke KPN NV's current Cyclically Adjusted PS Ratio of 1.95 is 167% 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 1.89. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Koninklijke KPN NV's value of 1.95 is 68.1% above this industry median. Based on the distribution chart, Koninklijke KPN NV ranks #191 out of 303 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Koninklijke KPN NV has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke KPN NV's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Koninklijke KPN NV ranks #191 out of 303 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 1.16. Koninklijke KPN NV's value of 1.95 is 68.1% above this benchmark. Historically, Koninklijke KPN NV's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.89 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.16, 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 1.16, based on 303 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 1.95 is 68.1% 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 1.16 — 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 1.95, which is 167% 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 (MEX:KPNN) is currently considered Fairly Valued. The stock's GF Value™ is MXN85.14, compared to a current price of MXN87.51 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.95, which is 167% above median its 10-year median of 0.73 and 68.1% above the Telecommunication Services industry median of 1.16. Koninklijke KPN NV's overall GF Score™ is 64/100 with 6 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 (MEX:KPNN), the current Cyclically Adjusted PS Ratio is 1.95 as of Jul. 25, 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 (MEX:KPNN) Overvalued in 2026?

Based on GuruFocus' analysis, Koninklijke KPN NV stock appears to be overvalued. The current stock price of MXN87.51 is trading 2.8% above its estimated GF Value™ of MXN85.14. GuruFocus considers Koninklijke KPN NV to be Fairly Valued.

Key valuation signals for MEX:KPNN:

  • Cyclically Adjusted PS Ratio: 1.95 (167% above median its 10-year median of 0.73)
  • GF Value™: MXN85.14 vs. price of MXN87.51 (2.8% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 68.1% above the Telecommunication Services median (#191 of 303)

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


Koninklijke KPN NV Business Description

Address Wilhelminakade 123, Rotterdam, NLD, 3072 AP
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.
64GF Score

Get the complete analysis for MEX:KPNN

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

MXN87.51
Price
MXN85.14
GF Value