Kohl's (FRA:KHP) Cyclically Adjusted Revenue per Share: €138.71 (As of Jul. 2026)

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.

FRA:KHP Kohl's Corp FRA:KHP
72 GF Score
Price €16.49
GF Value €14.87
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kohl's Cyclically Adjusted Revenue per Share?

Kohl's FRA:KHP +0.46% 72 Cyclically Adjusted Revenue per Share is €138.71 as of Jul. 2026. GuruFocus rates FRA:KHP with a GF Score™ of 72/100 and a GF Value™ of €14.87 (Modestly Overvalued). The stock has 5 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.

Kohl's's adjusted revenue per share for the three months ended in Jul. 2026 was €26.065. 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 €138.71 for the trailing ten years ended in Jul. 2026.

During the past 12 months, Kohl's's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% 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 Kohl's was 19.90% per year. The lowest was 4.40% per year. And the median was 9.90% per year.

As of today (2026-09-05), Kohl's's current stock price is €16.485. Kohl's's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 was €138.71. Kohl's's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kohl's was 0.87. The lowest was 0.04. And the median was 0.33.


Kohl's  (FRA:KHP) 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.

Kohl's's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.485/138.71
=0.12

* 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 Kohl's was 0.87. The lowest was 0.04. And the median was 0.33.


Be Aware

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


Kohl's Cyclically Adjusted Revenue per Share Related Terms


Kohl's Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kohl's'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.

Kohl's Cyclically Adjusted Revenue per Share Chart

Kohl's Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.14 119.35 137.14 146.11 121.68

Kohl's Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 140.49 130.46 121.68 133.89 138.71

FRA:KHP vs PLBL, M, DDS: Cyclically Adjusted Revenue per Share Comparison

For the Department Stores subindustry, Kohl's'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.


Kohl's Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohl's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KHP
72GF Score
Kohl's Corp FRA:KHP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kohl's 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, Kohl's's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=26.065/333.9180*333.9180
=26.065

Current CPI (Jul. 2026) = 333.9180.

Kohl's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 22.197 241.729 30.662
201701 38.455 242.839 52.878
201704 22.179 244.524 30.287
201707 22.681 244.786 30.940
201710 23.413 246.663 31.695
201801 34.445 247.867 46.403
201804 20.536 250.546 27.370
201807 23.566 252.006 31.226
201810 24.402 252.885 32.221
201901 36.895 251.712 48.944
201904 22.453 255.548 29.339
201907 24.853 256.571 32.345
201910 26.631 257.346 34.555
202001 39.714 257.971 51.406
202004 14.505 256.389 18.891
202007 19.123 259.101 24.645
202010 21.962 260.388 28.164
202101 32.739 261.582 41.792
202104 20.830 267.054 26.045
202107 24.430 273.003 29.881
202110 26.974 276.589 32.565
202201 43.196 281.148 51.304
202204 26.667 289.109 30.800
202207 31.387 296.276 35.375
202210 36.480 298.012 40.875
202301 51.719 299.170 57.726
202304 29.340 303.363 32.295
202307 31.721 305.691 34.650
202310 34.587 307.671 37.538
202401 49.258 308.417 53.331
202404 28.397 313.548 30.242
202407 30.722 314.540 32.615
202410 30.409 315.664 32.167
202501 46.549 317.671 48.930
202504 25.922 320.795 26.982
202507 26.657 323.048 27.554
202510 26.704 0.000
202601 38.616 325.252 39.645
202604 24.177 333.020 24.242
202607 26.065 333.918 26.065

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 €138.71 mean?
Kohl's (FRA:KHP) has a Cyclically Adjusted Revenue per Share of €138.71 as of Jul. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kohl's and its competitors.
Is Kohl's' Cyclically Adjusted Revenue per Share too high?
Kohl's' current Cyclically Adjusted Revenue per Share is €138.71. Overall, Kohl's has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kohl's' Cyclically Adjusted Revenue per Share compare to PLBL and M?
Kohl's' Cyclically Adjusted Revenue per Share of €138.71 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Kohl's and its competitors. Kohl's's current Cyclically Adjusted Revenue per Share is €138.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kohl's stock overvalued right now?
Based on GuruFocus' analysis, Kohl's (FRA:KHP) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.87, compared to a current price of €16.49 — trading 10.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €138.71. Kohl's' overall GF Score™ is 72/100 with 5 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 Kohl's (FRA:KHP), the current Cyclically Adjusted Revenue per Share is €138.71 as of Jul. 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 Kohl's (FRA:KHP) Overvalued in 2026?

Based on GuruFocus' analysis, Kohl's stock appears to be overvalued. The current stock price of €16.49 is trading 10.9% above its estimated GF Value™ of €14.87. GuruFocus considers Kohl's to be Modestly Overvalued.

Key valuation signals for FRA:KHP:

  • Cyclically Adjusted Revenue per Share: €138.71
  • GF Value™: €14.87 vs. price of €16.49 (10.9% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Kohl's Business Description

Address N56 W17000 Ridgewood Drive, Menomonee Falls, WI, USA, 53051
Kohl's is the second-largest traditional US department store company by sales. It has about 1,150 stores in 49 states and offers moderately priced private-label (31% of 2025 sales) and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most (about 80%) of its stores are in strip centers. Kohl's also has a large digital sales operation (29% of 2025 sales). Women's apparel is the retailer's largest category, having generated 24% of its 2025 sales. Kohl's is headquartered in Menomonee Falls, Wisconsin, and was founded in 1962.
72GF Score

Get the complete analysis for FRA:KHP

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

€16.49
Price
€14.87
GF Value