KB Home (FRA:KBH) Shiller PE Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:KBH KB Home FRA:KBH
80 GF Score
Price €41.61
GF Value €49.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is KB Home Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Home  (FRA:KBH) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


KB Home Shiller PE Ratio Related Terms


KB Home Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for KB Home's Shiller PE 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.

KB Home Shiller PE Ratio Chart

KB Home Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.02 8.44 11.27 18.55 11.64

KB Home Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Shiller PE 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 9.82 11.32 11.54 10.87 8.27

FRA:KBH vs GRBK, MHO, CVCO: Shiller PE Ratio Comparison

For the Residential Construction subindustry, KB Home's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


KB Home Shiller PE Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, KB Home's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KB Home's Shiller PE Ratio falls into.


FRA:KBH
80GF Score
KB Home FRA:KBH
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KB Home Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

KB Home's E10 for the quarter that ended in May. 2026 is calculated as:

For example, KB Home's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.3726/335.1230*335.1230
=0.373

Current CPI (May. 2026) = 335.1230.

KB Home Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201608 0.376 240.849 0.523
201611 0.364 241.353 0.505
201702 0.141 243.603 0.195
201705 0.305 244.733 0.417
201708 0.443 245.519 0.604
201711 0.712 246.669 0.967
201802 -0.677 248.991 -0.911
201805 0.470 251.588 0.627
201808 0.747 252.146 0.993
201811 0.838 252.038 1.114
201902 0.275 252.776 0.365
201905 0.455 256.092 0.595
201908 0.651 256.558 0.850
201911 1.185 257.208 1.543
202002 0.572 258.678 0.740
202005 0.506 256.394 0.661
202008 0.720 259.918 0.929
202011 0.946 260.229 1.219
202102 0.839 263.014 1.069
202105 1.247 269.195 1.552
202108 1.348 273.567 1.652
202111 1.646 277.948 1.985
202202 1.296 283.716 1.531
202205 2.151 292.296 2.467
202208 2.779 296.171 3.144
202211 2.473 297.711 2.784
202302 1.358 300.840 1.513
202305 1.786 304.127 1.968
202308 1.646 307.026 1.797
202311 1.734 307.051 1.892
202402 1.618 310.326 1.748
202405 1.990 314.069 2.123
202408 1.874 314.796 1.994
202411 2.317 315.493 2.461
202502 1.432 319.082 1.504
202505 1.355 321.465 1.413
202508 1.387 323.976 1.435
202511 1.333 324.122 1.378
202602 0.444 326.785 0.456
202605 0.373 335.123 0.373

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is KB Home (FRA:KBH) Overvalued in 2026?

Based on GuruFocus' analysis, KB Home stock appears to be undervalued. The current stock price of €41.61 is trading 15.3% below its estimated GF Value™ of €49.15. GuruFocus considers KB Home to be Modestly Undervalued.

Key valuation signals for FRA:KBH:

  • Shiller PE Ratio:
  • GF Value™: €49.15 vs. price of €41.61 (15.3% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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


KB Home Business Description

Other Exchanges KBH:USA
Address 10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024
KB Home is an American construction company that focuses on residential construction in the United States. The company builds single-family homes and communities across different geographical segments which include the West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.
80GF Score

Get the complete analysis for FRA:KBH

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

€41.61
Price
€49.15
GF Value