KBH (KB Home) Shiller PE Ratio: 9.41 (As of Sep. 02, 2026) — 33% Below 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.

KBH KB Home KBH
81 GF Score
Price $52.22
GF Value $57.86
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is KB Home Shiller PE Ratio?

KB Home KBH -2.03% 81 Shiller PE Ratio is 9.41 as of Sep. 02, 2026, which is 33% below its 10-year median of 14.02. GuruFocus rates KBH with a GF Score™ of 81/100 and a GF Value™ of $57.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 66 Homebuilding & Construction companies, KB Home ranks better than 56.06% on this metric.

As of today (2026-09-02), KB Home's current share price is $52.22. KB Home's E10 for the quarter that ended in May. 2026 was $5.55. KB Home's Shiller PE Ratio for today is 9.41.

The historical rank and industry rank for KB Home's Shiller PE Ratio or its related term are showing as below:

KBH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.7   Med: 14.02   Max: 344.75
Current: 9.41

During the past years, KB Home's highest Shiller PE Ratio was 344.75. The lowest was 6.70. And the median was 14.02.

KBH's Shiller PE Ratio is ranked better than
56.06% of 66 companies
in the Homebuilding & Construction industry
Industry Median: 10.17 vs KBH: 9.41

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.

KB Home's adjusted earnings per share data for the three months ended in May. 2026 was $0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.55 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Home  (NYSE: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 13.84 7.62 10.62 17.66 12.10

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 10.22 12.18 12.10 11.79 8.80

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.


KBH
81GF Score
KB Home 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 Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=52.22/5.55
=9.41

* 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'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)
=0.43/335.1230*335.1230
=0.430

Current CPI (May. 2026) = 335.1230.

KB Home Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201608 0.420 240.849 0.584
201611 0.400 241.353 0.555
201702 0.150 243.603 0.206
201705 0.330 244.733 0.452
201708 0.510 245.519 0.696
201711 0.840 246.669 1.141
201802 -0.820 248.991 -1.104
201805 0.570 251.588 0.759
201808 0.870 252.146 1.156
201811 0.960 252.038 1.276
201902 0.310 252.776 0.411
201905 0.510 256.092 0.667
201908 0.730 256.558 0.954
201911 1.310 257.208 1.707
202002 0.630 258.678 0.816
202005 0.550 256.394 0.719
202008 0.830 259.918 1.070
202011 1.120 260.229 1.442
202102 1.020 263.014 1.300
202105 1.500 269.195 1.867
202108 1.600 273.567 1.960
202111 1.910 277.948 2.303
202202 1.470 283.716 1.736
202205 2.320 292.296 2.660
202208 2.860 296.171 3.236
202211 2.470 297.711 2.780
202302 1.450 300.840 1.615
202305 1.940 304.127 2.138
202308 1.800 307.026 1.965
202311 1.850 307.051 2.019
202402 1.760 310.326 1.901
202405 2.150 314.069 2.294
202408 2.040 314.796 2.172
202411 2.520 315.493 2.677
202502 1.490 319.082 1.565
202505 1.500 321.465 1.564
202508 1.610 323.976 1.665
202511 1.550 324.122 1.603
202602 0.520 326.785 0.533
202605 0.430 335.123 0.430

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 9.41 mean?
KB Home (KBH) has a Shiller PE Ratio of 9.41 as of Sep. 02, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on KB Home and its competitors. This is 33% below median its historical median of 14.02. Over the past decade, KB Home's Shiller PE Ratio has ranged from 6.70 to 344.75. According to the industry distribution chart, KB Home ranks #29 out of 66 companies in the Homebuilding & Construction industry, placing it in the top 43.9%.
Is KB Home's Shiller PE Ratio too high?
KB Home's current Shiller PE Ratio of 9.41 is 33% below median its 10-year median of 14.02. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 344.75. The Homebuilding & Construction industry median Shiller PE Ratio is 10.17. KB Home's value of 9.41 is 7.5% below this industry median. Based on the distribution chart, KB Home ranks #29 out of 66 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, KB Home has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KB Home's Shiller PE Ratio compare to GRBK and MHO?
According to the Homebuilding & Construction industry distribution chart, KB Home ranks #29 out of 66 companies for Shiller PE Ratio. This puts KB Home in the upper half of its industry. The industry median Shiller PE Ratio is 10.17. KB Home's value of 9.41 is 7.5% below this benchmark. Historically, KB Home's own Shiller PE Ratio has ranged from 6.70 to 344.75 over the past decade. While the company's 10-year median is 14.02 vs. the industry median of 10.17, KB Home 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 Shiller PE Ratio for a Homebuilding & Construction company?
The median Shiller PE Ratio among Homebuilding & Construction companies is 10.17, based on 66 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KB Home's current Shiller PE Ratio of 9.41 is 7.5% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on KB Home and its competitors. For the Homebuilding & Construction industry, the median Shiller PE Ratio is 10.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KB Home's current Shiller PE Ratio is 9.41, which is 33% below median its own 10-year median of 14.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KB Home stock overvalued right now?
Based on GuruFocus' analysis, KB Home (KBH) is currently considered Modestly Undervalued. The stock's GF Value™ is $57.86, compared to a current price of $52.22 — trading 9.7% below its estimated fair value. The current Shiller PE Ratio is 9.41, which is 33% below median its 10-year median of 14.02 and 7.5% below the Homebuilding & Construction industry median of 10.17. KB Home's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For KB Home (KBH), the current Shiller PE Ratio is 9.41 as of Sep. 02, 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 KB Home (KBH) Overvalued in 2026?

Based on GuruFocus' analysis, KB Home stock appears to be undervalued. The current stock price of $52.22 is trading 9.7% below its estimated GF Value™ of $57.86. GuruFocus considers KB Home to be Modestly Undervalued.

Key valuation signals for KBH:

  • Shiller PE Ratio: 9.41 (33% below median its 10-year median of 14.02)
  • GF Value™: $57.86 vs. price of $52.22 (9.7% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 7.5% below the Homebuilding & Construction median (#29 of 66)

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


KB Home Business Description

Other Exchanges KBH:Germany
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.
81GF Score

Get the complete analysis for KBH

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

$52.22
Price
$57.86
GF Value