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KB Home (STU:KBH) Cyclically Adjusted PS Ratio : 1.23 (As of May. 24, 2024)


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What is KB Home Cyclically Adjusted PS Ratio?

As of today (2024-05-24), KB Home's current share price is €63.50. KB Home's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €51.74. KB Home's Cyclically Adjusted PS Ratio for today is 1.23.

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

STU:KBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.72   Max: 1.38
Current: 1.18

During the past years, KB Home's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.23. And the median was 0.72.

STU:KBH's Cyclically Adjusted PS Ratio is ranked worse than
65.38% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 0.85 vs STU:KBH: 1.18

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.

KB Home's adjusted revenue per share data for the three months ended in Feb. 2024 was €17.385. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €51.74 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Home Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KB Home's Cyclically Adjusted PS 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.

* Premium members only.

KB Home Cyclically Adjusted PS Ratio Chart

KB Home Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.99 0.95 0.62 0.92

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 PS 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 0.68 0.81 0.92 0.92 1.13

Competitive Comparison of KB Home's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, KB Home'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.


KB Home's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

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

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



KB Home Cyclically Adjusted PS Ratio Calculation

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

KB Home's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.50/51.74
=1.23

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=17.385/130.9299*130.9299
=17.385

Current CPI (Feb. 2024) = 130.9299.

KB Home Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 4.134 100.373 5.393
201408 4.335 100.352 5.656
201411 6.295 99.635 8.272
201502 5.025 99.032 6.644
201505 5.491 100.333 7.166
201508 7.432 100.548 9.678
201511 8.618 100.135 11.268
201602 6.154 100.040 8.054
201605 7.569 101.355 9.778
201608 8.557 101.617 11.025
201611 11.534 101.829 14.830
201702 7.984 102.779 10.171
201705 9.286 103.256 11.775
201708 9.796 103.587 12.382
201711 11.908 104.072 14.981
201802 8.101 105.052 10.097
201805 9.211 106.148 11.361
201808 10.499 106.383 12.922
201811 11.797 106.338 14.525
201902 7.373 106.649 9.052
201905 9.890 108.048 11.984
201908 11.240 108.245 13.596
201911 15.126 108.519 18.250
202002 10.473 109.139 12.564
202005 8.966 108.175 10.852
202008 8.970 109.662 10.710
202011 10.637 109.793 12.685
202102 9.949 110.968 11.739
202105 12.433 113.576 14.333
202108 13.371 115.421 15.168
202111 16.159 117.269 18.041
202202 13.532 119.703 14.801
202205 18.017 123.323 19.128
202208 20.493 124.958 21.472
202211 21.834 125.607 22.759
202302 15.035 126.928 15.509
202305 19.264 128.314 19.657
202308 17.590 129.538 17.779
202311 19.209 129.548 19.414
202402 17.385 130.930 17.385

Add all the adjusted revenue per share together and divide 10 will get our 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.


KB Home  (STU:KBH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


KB Home Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of KB Home's Cyclically Adjusted PS Ratio 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.