KKR (TSX:KKR) Cyclically Adjusted PS Ratio: 6.91 (As of Aug. 01, 2026) — 19% Below Median

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TSX:KKR KKR & Co Inc TSX:KKR
65 GF Score
Price C$21.82
GF Value C$21.69
Valuation Fairly Valued
! 6 Warning Signs
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What is KKR Cyclically Adjusted PS Ratio?

KKR TSX:KKR +2.15% 65 Cyclically Adjusted PS Ratio is 6.91 as of Aug. 01, 2026, which is 19% below its 10-year median of 8.57. GuruFocus rates TSX:KKR with a GF Score™ of 65/100 and a GF Value™ of C$21.69 (Fairly Valued). The stock has 6 warning signs investors should review. Among 907 Asset Management companies, KKR ranks better than 53.91% on this metric.

As of today (2026-08-01), KKR's current share price is C$21.82. KKR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$3.16. KKR's Cyclically Adjusted PS Ratio for today is 6.91.

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

TSX:KKR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.29   Med: 8.57   Max: 33.09
Current: 7.01

During the past years, KKR's highest Cyclically Adjusted PS Ratio was 33.09. The lowest was 2.29. And the median was 8.57.

TSX:KKR's Cyclically Adjusted PS Ratio is ranked better than
53.91% of 907 companies
in the Asset Management industry
Industry Median: 7.57 vs TSX:KKR: 7.01

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.

KKR's adjusted revenue per share data for the three months ended in Mar. 2026 was C$6.115. 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 C$3.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KKR  (TSX:KKR) 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.


KKR Cyclically Adjusted PS Ratio Related Terms


KKR Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for KKR'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.

KKR Cyclically Adjusted PS Ratio Chart

KKR 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 10.47 5.80 8.70 12.58 9.23

KKR 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 9.50 10.45 9.75 9.23 6.39

TSX:KKR vs BX, APO, STT: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, KKR'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.


KKR Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


TSX:KKR
65GF Score
KKR & Co Inc TSX:KKR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KKR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.82/3.16
=6.91

* 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.

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

For example, KKR'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)
=6.115/330.2130*330.2130
=6.115

Current CPI (Mar. 2026) = 330.2130.

KKR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.543 241.018 2.114
201609 1.876 241.428 2.566
201612 1.689 241.432 2.310
201703 2.069 243.801 2.802
201706 2.695 244.955 3.633
201709 1.816 246.819 2.430
201712 2.513 246.524 3.366
201803 1.141 249.554 1.510
201806 2.324 251.989 3.045
201809 2.698 252.439 3.529
201812 -0.435 251.233 -0.572
201903 2.887 254.202 3.750
201906 2.827 256.143 3.644
201909 1.871 256.759 2.406
201912 2.472 256.974 3.177
202003 -2.500 258.115 -3.198
202006 3.191 257.797 4.087
202009 4.256 260.280 5.400
202012 4.109 260.474 5.209
202103 9.237 264.877 11.515
202106 6.079 271.696 7.388
202109 8.912 274.310 10.728
202112 7.804 278.802 9.243
202203 2.136 287.504 2.453
202206 0.547 296.311 0.610
202209 2.741 296.808 3.049
202212 3.921 296.797 4.362
202303 4.766 301.836 5.214
202306 5.224 305.109 5.654
202309 4.872 307.789 5.227
202312 6.433 306.746 6.925
202403 14.047 312.332 14.851
202406 6.041 314.175 6.349
202409 6.804 315.301 7.126
202412 4.768 315.605 4.989
202503 4.937 319.799 5.098
202506 7.166 322.561 7.336
202509 7.910 324.800 8.042
202512 8.206 324.054 8.362
202603 6.115 330.213 6.115

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 6.91 mean?
KKR (TSX:KKR) has a Cyclically Adjusted PS Ratio of 6.91 as of Aug. 01, 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 KKR and its competitors. This is 19% below median its historical median of 8.57. Over the past decade, KKR's Cyclically Adjusted PS Ratio has ranged from 2.29 to 33.09. According to the industry distribution chart, KKR ranks #418 out of 907 companies in the Asset Management industry, placing it in the top 46.1%.
Is KKR's Cyclically Adjusted PS Ratio too high?
KKR's current Cyclically Adjusted PS Ratio of 6.91 is 19% below median its 10-year median of 8.57. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 33.09. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.57. KKR's value of 6.91 is 8.7% below this industry median. Based on the distribution chart, KKR ranks #418 out of 907 companies in the Asset Management industry, which is above the industry midpoint. Overall, KKR has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR's Cyclically Adjusted PS Ratio compare to BX and APO?
According to the Asset Management industry distribution chart, KKR ranks #418 out of 907 companies for Cyclically Adjusted PS Ratio. This puts KKR in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.57. KKR's value of 6.91 is 8.7% below this benchmark. Historically, KKR's own Cyclically Adjusted PS Ratio has ranged from 2.29 to 33.09 over the past decade. While the company's 10-year median is 8.57 vs. the industry median of 7.57, KKR 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 7.57, based on 907 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. KKR's current Cyclically Adjusted PS Ratio of 6.91 is 8.7% 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 KKR and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR's current Cyclically Adjusted PS Ratio is 6.91, which is 19% below median its own 10-year median of 8.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR stock overvalued right now?
Based on GuruFocus' analysis, KKR (TSX:KKR) is currently considered Fairly Valued. The stock's GF Value™ is C$21.69, compared to a current price of C$21.82 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.91, which is 19% below median its 10-year median of 8.57 and 8.7% below the Asset Management industry median of 7.57. KKR's overall GF Score™ is 65/100 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 KKR (TSX:KKR), the current Cyclically Adjusted PS Ratio is 6.91 as of Aug. 01, 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 KKR (TSX:KKR) Overvalued in 2026?

Based on GuruFocus' analysis, KKR stock appears to be overvalued. The current stock price of C$21.82 is trading 0.6% above its estimated GF Value™ of C$21.69. GuruFocus considers KKR to be Fairly Valued.

Key valuation signals for TSX:KKR:

  • Cyclically Adjusted PS Ratio: 6.91 (19% below median its 10-year median of 8.57)
  • GF Value™: C$21.69 vs. price of C$21.82 (0.6% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 8.7% below the Asset Management median (#418 of 907)

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


KKR Business Description

Address 30 Hudson Yards, New York, NY, USA, 10001
KKR is one of the world's largest alternative asset managers, with $723.2 billion in total managed assets, including $585.0 billion in fee-earning AUM, at the end of September 2025. The company has two core segments: asset management (which includes private markets-private equity, credit, infrastructure, energy, and real estate-and public markets-primarily credit and hedge/investment fund platforms) and insurance (following the firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance).
65GF Score

Get the complete analysis for TSX:KKR

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

C$21.82
Price
C$21.69
GF Value