KCB Group (NAI:KCB) Cyclically Adjusted PS Ratio: 1.77 (As of Aug. 05, 2026) — 75% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAI:KCB KCB Group Ltd NAI:KCB
85 GF Score
Price KES85.75
GF Value KES46.03
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is KCB Group Cyclically Adjusted PS Ratio?

KCB Group NAI:KCB -0.29% 85 Cyclically Adjusted PS Ratio is 1.77 as of Aug. 05, 2026, which is 75% above its 10-year median of 1.01. GuruFocus rates NAI:KCB with a GF Score™ of 85/100 and a GF Value™ of KES46.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,299 Banks companies, KCB Group ranks better than 81.45% on this metric.

As of today (2026-08-05), KCB Group's current share price is KES85.75. KCB Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was KES48.42. KCB Group's Cyclically Adjusted PS Ratio for today is 1.77.

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

NAI:KCB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.01   Max: 1.72
Current: 1.7

During the past years, KCB Group's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.42. And the median was 1.01.

NAI:KCB's Cyclically Adjusted PS Ratio is ranked better than
81.45% of 1299 companies
in the Banks industry
Industry Median: 3.41 vs NAI:KCB: 1.70

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.

KCB Group's adjusted revenue per share data for the three months ended in Mar. 2026 was KES16.692. 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 KES48.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KCB Group  (NAI:KCB) 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.


KCB Group Cyclically Adjusted PS Ratio Related Terms


KCB Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for KCB Group'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.

KCB Group Cyclically Adjusted PS Ratio Chart

KCB Group 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 1.03 0.57 0.98 1.41

KCB Group 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 0.96 1.05 1.24 1.41 1.40

KCB Group Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, KCB Group'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.


KCB Group Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, KCB Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NAI:KCB
85GF Score
KCB Group Ltd NAI:KCB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KCB Group 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.

KCB Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.75/48.42
=1.77

* 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.

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

For example, KCB Group'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)
=16.692/330.2130*330.2130
=16.692

Current CPI (Mar. 2026) = 330.2130.

KCB Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.302 241.018 16.855
201609 5.579 241.428 7.631
201612 6.082 241.432 8.319
201703 5.188 243.801 7.027
201706 12.211 244.955 16.461
201709 6.040 246.819 8.081
201712 5.941 246.524 7.958
201803 5.534 249.554 7.323
201806 12.170 251.989 15.948
201809 6.073 252.439 7.944
201812 5.733 251.233 7.535
201903 6.118 254.202 7.947
201906 12.927 256.143 16.665
201909 6.560 256.759 8.437
201912 7.527 256.974 9.672
202003 7.142 258.115 9.137
202006 15.532 257.797 19.895
202009 7.503 260.280 9.519
202012 8.199 260.474 10.394
202103 7.170 264.877 8.939
202106 8.766 271.696 10.654
202109 8.930 274.310 10.750
202112 9.022 278.802 10.686
202203 9.034 287.504 10.376
202206 9.577 296.311 10.673
202209 10.063 296.808 11.196
202212 10.750 296.797 11.960
202303 11.467 301.836 12.545
202306 11.271 305.109 12.198
202309 13.753 307.789 14.755
202312 12.938 306.746 13.928
202403 15.089 312.332 15.953
202406 14.356 314.175 15.089
202409 15.038 315.301 15.749
202412 14.052 315.605 14.702
202503 15.386 319.799 15.887
202506 15.319 322.561 15.682
202509 15.797 324.800 16.060
202512 16.659 324.054 16.976
202603 16.692 330.213 16.692

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 1.77 mean?
KCB Group (NAI:KCB) has a Cyclically Adjusted PS Ratio of 1.77 as of Aug. 05, 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 KCB Group and its competitors. This is 75% above median its historical median of 1.01. Over the past decade, KCB Group's Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.72. According to the industry distribution chart, KCB Group ranks #241 out of 1299 companies in the Banks industry, placing it in the top 18.6%.
Is KCB Group's Cyclically Adjusted PS Ratio too high?
KCB Group's current Cyclically Adjusted PS Ratio of 1.77 is 75% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.72. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. KCB Group's value of 1.77 is 48.1% below this industry median. Based on the distribution chart, KCB Group ranks #241 out of 1299 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, KCB Group has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KCB Group's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, KCB Group ranks #241 out of 1299 companies for Cyclically Adjusted PS Ratio. This places KCB Group in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.41. KCB Group's value of 1.77 is 48.1% below this benchmark. Historically, KCB Group's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.72 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 3.41, KCB Group 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 a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.41, based on 1,299 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. KCB Group's current Cyclically Adjusted PS Ratio of 1.77 is 48.1% 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 KCB Group and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCB Group's current Cyclically Adjusted PS Ratio is 1.77, which is 75% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCB Group stock overvalued right now?
Based on GuruFocus' analysis, KCB Group (NAI:KCB) is currently considered Significantly Overvalued. The stock's GF Value™ is KES46.03, compared to a current price of KES85.75 — trading 86.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.77, which is 75% above median its 10-year median of 1.01 and 48.1% below the Banks industry median of 3.41. KCB Group's overall GF Score™ is 85/100 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 KCB Group (NAI:KCB), the current Cyclically Adjusted PS Ratio is 1.77 as of Aug. 05, 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 KCB Group (NAI:KCB) Overvalued in 2026?

Based on GuruFocus' analysis, KCB Group stock appears to be overvalued. The current stock price of KES85.75 is trading 86.3% above its estimated GF Value™ of KES46.03. GuruFocus considers KCB Group to be Significantly Overvalued.

Key valuation signals for NAI:KCB:

  • Cyclically Adjusted PS Ratio: 1.77 (75% above median its 10-year median of 1.01)
  • GF Value™: KES46.03 vs. price of KES85.75 (86.3% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 48.1% below the Banks median (#241 of 1299)

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


KCB Group Business Description

Other Exchanges KCB:Tanzania
Address Kencom House, Moi Avenue, P.O. Box 48400, 6th Floor, Nairobi, KEN, 00100
KCB Group Ltd provides banking services. The company's operating segment includes Retail Banking; Corporate Banking; Mortgages; Treasury and Others. It generates maximum revenue from the Corporate banking segment. The Retail banking segment incorporates banking services such as current accounts, fixed deposits, overdrafts, loans, and other credit facilities both in local and foreign currencies for corporate customers. Geographically, the company derives a majority of its revenue from Kenya, and also has its presence in Tanzania, South Sudan, Uganda, Rwanda, Burundi, and DRC.
85GF Score

Get the complete analysis for NAI:KCB

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

KES85.75
Price
KES46.03
GF Value