KBC Groupe NV (CHIX:KBCB) Cyclically Adjusted Revenue per Share: €25.08 (As of Mar. 2026)

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CHIX:KBCB KBC Groupe NV CHIX:KBCB
75 GF Score
Price €120.58
GF Value €86.60
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is KBC Groupe NV Cyclically Adjusted Revenue per Share?

KBC Groupe NV CHIX:KBCB 75 Cyclically Adjusted Revenue per Share is €25.08 as of Mar. 2026. GuruFocus rates CHIX:KBCB with a GF Score™ of 75/100 and a GF Value™ of €86.60 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

KBC Groupe NV's adjusted revenue per share for the three months ended in Mar. 2026 was €8.421. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €25.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KBC Groupe NV's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of KBC Groupe NV was 5.50% per year. The lowest was -5.60% per year. And the median was -1.40% per year.

As of today (2026-07-19), KBC Groupe NV's current stock price is €120.575. KBC Groupe NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €25.08. KBC Groupe NV's Cyclically Adjusted PS Ratio of today is 4.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KBC Groupe NV was 4.91. The lowest was 1.89. And the median was 2.98.


KBC Groupe NV  (CHIX:KBCb) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

KBC Groupe NV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=120.575/25.08
=4.81

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KBC Groupe NV was 4.91. The lowest was 1.89. And the median was 2.98.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


KBC Groupe NV Cyclically Adjusted Revenue per Share Related Terms


KBC Groupe NV Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for KBC Groupe NV's Cyclically Adjusted Revenue per Share 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.

KBC Groupe NV Cyclically Adjusted Revenue per Share Chart

KBC Groupe NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.89 21.19 21.55 22.16 24.76

KBC Groupe NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 24.37 23.67 23.92 24.76 25.08

CHIX:KBCB vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, KBC Groupe 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.


KBC Groupe NV Cyclically Adjusted PS Ratio vs Banks Industry

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

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


CHIX:KBCB
75GF Score
KBC Groupe NV CHIX:KBCB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KBC Groupe NV Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, KBC Groupe NV'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)
=8.421/136.5600*136.5600
=8.421

Current CPI (Mar. 2026) = 136.5600.

KBC Groupe NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.372 102.267 5.838
201609 3.996 102.118 5.344
201612 4.264 102.614 5.675
201703 4.578 103.972 6.013
201706 4.610 103.902 6.059
201709 4.539 104.170 5.950
201712 4.594 104.804 5.986
201803 4.477 105.419 5.800
201806 4.388 106.063 5.650
201809 4.348 106.618 5.569
201812 4.340 107.252 5.526
201903 4.433 107.876 5.612
201906 4.503 107.896 5.699
201909 4.275 107.470 5.432
201912 4.885 108.065 6.173
202003 3.524 108.550 4.433
202006 4.534 108.540 5.704
202009 4.386 108.441 5.523
202012 4.204 108.511 5.291
202103 4.612 109.522 5.751
202106 4.337 110.305 5.369
202109 4.387 111.543 5.371
202112 4.351 114.705 5.180
202203 5.933 118.620 6.830
202206 5.784 120.948 6.531
202209 5.837 124.120 6.422
202212 6.266 126.578 6.760
202303 6.350 126.528 6.853
202306 6.559 125.973 7.110
202309 6.404 127.083 6.882
202312 6.207 128.292 6.607
202403 6.633 130.552 6.938
202406 6.811 130.691 7.117
202409 6.856 130.968 7.149
202412 7.092 132.346 7.318
202503 7.632 134.348 7.758
202506 7.426 133.495 7.596
202509 7.381 133.740 7.537
202512 7.785 135.070 7.871
202603 8.421 136.560 8.421

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €25.08 mean?
KBC Groupe NV (CHIX:KBCB) has a Cyclically Adjusted Revenue per Share of €25.08 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on KBC Groupe NV and its competitors.
Is KBC Groupe NV's Cyclically Adjusted Revenue per Share too high?
KBC Groupe NV's current Cyclically Adjusted Revenue per Share is €25.08. Overall, KBC Groupe NV has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KBC Groupe NV's Cyclically Adjusted Revenue per Share compare to PNC and USB?
KBC Groupe NV's Cyclically Adjusted Revenue per Share of €25.08 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on KBC Groupe NV and its competitors. KBC Groupe NV's current Cyclically Adjusted Revenue per Share is €25.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBC Groupe NV stock overvalued right now?
Based on GuruFocus' analysis, KBC Groupe NV (CHIX:KBCB) is currently considered Significantly Overvalued. The stock's GF Value™ is €86.60, compared to a current price of €120.58 — trading 39.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €25.08. KBC Groupe NV's overall GF Score™ is 75/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For KBC Groupe NV (CHIX:KBCB), the current Cyclically Adjusted Revenue per Share is €25.08 as of Mar. 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 KBC Groupe NV (CHIX:KBCB) Overvalued in 2026?

Based on GuruFocus' analysis, KBC Groupe NV stock appears to be overvalued. The current stock price of €120.58 is trading 39.2% above its estimated GF Value™ of €86.60. GuruFocus considers KBC Groupe NV to be Significantly Overvalued.

Key valuation signals for CHIX:KBCB:

  • Cyclically Adjusted Revenue per Share: €25.08
  • GF Value™: €86.60 vs. price of €120.58 (39.2% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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


KBC Groupe NV Business Description

Address Havenlaan 2, Brussels, BEL, 1080
KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for most of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.
75GF Score

Get the complete analysis for CHIX:KBCB

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

€120.58
Price
€86.60
GF Value