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KB Home (STU:KBH) Cyclically Adjusted Price-to-FCF : 26.01 (As of May. 23, 2024)


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What is KB Home Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), KB Home's current share price is €64.50. KB Home's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €2.48. KB Home's Cyclically Adjusted Price-to-FCF for today is 26.01.

The historical rank and industry rank for KB Home's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:KBH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.08   Med: 16.62   Max: 1270.75
Current: 24.87

During the past years, KB Home's highest Cyclically Adjusted Price-to-FCF was 1270.75. The lowest was 5.08. And the median was 16.62.

STU:KBH's Cyclically Adjusted Price-to-FCF is ranked worse than
74% of 50 companies
in the Homebuilding & Construction industry
Industry Median: 16.05 vs STU:KBH: 24.87

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

KB Home's adjusted free cash flow per share data for the three months ended in Feb. 2024 was €0.226. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.48 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Home Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KB Home's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

KB Home Cyclically Adjusted Price-to-FCF Chart

KB Home Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 114.35 65.53 21.34

KB Home Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF 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 38.01 26.64 25.18 21.34 23.68

Competitive Comparison of KB Home's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, KB Home's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, KB Home's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where KB Home's Cyclically Adjusted Price-to-FCF falls into.



KB Home Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

KB Home's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.50/2.48
=26.01

* 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 Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, KB Home's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.226/130.9299*130.9299
=0.226

Current CPI (Feb. 2024) = 130.9299.

KB Home Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -2.450 100.373 -3.196
201408 -1.201 100.352 -1.567
201411 0.667 99.635 0.877
201502 -0.429 99.032 -0.567
201505 -0.776 100.333 -1.013
201508 0.999 100.548 1.301
201511 1.754 100.135 2.293
201602 -1.313 100.040 -1.718
201605 -0.239 101.355 -0.309
201608 0.609 101.617 0.785
201611 2.798 101.829 3.598
201702 -0.761 102.779 -0.969
201705 0.087 103.256 0.110
201708 1.416 103.587 1.790
201711 3.467 104.072 4.362
201802 -1.335 105.052 -1.664
201805 1.010 106.148 1.246
201808 -0.264 106.383 -0.325
201811 2.343 106.338 2.885
201902 -1.892 106.649 -2.323
201905 0.055 108.048 0.067
201908 0.177 108.245 0.214
201911 3.833 108.519 4.625
202002 -0.161 109.139 -0.193
202005 1.531 108.175 1.853
202008 1.514 109.662 1.808
202011 -0.234 109.793 -0.279
202102 -0.770 110.968 -0.909
202105 0.449 113.576 0.518
202108 -1.568 115.421 -1.779
202111 1.271 117.269 1.419
202202 -2.531 119.703 -2.768
202205 -0.789 123.323 -0.838
202208 0.879 124.958 0.921
202211 4.456 125.607 4.645
202302 0.924 126.928 0.953
202305 5.514 128.314 5.626
202308 1.726 129.538 1.745
202311 3.455 129.548 3.492
202402 0.226 130.930 0.226

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


KB Home  (STU:KBH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


KB Home Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of KB Home's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


KB Home (STU:KBH) Business Description

Traded in Other Exchanges
Address
10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024
KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, Idaho and the Washington, D.C., area. KB Home operates in several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on the market location. The company 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.