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KKR (KKR) Cyclically Adjusted Revenue per Share : $9.53 (As of Dec. 2023)


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What is KKR Cyclically Adjusted Revenue per Share?

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.

KKR's adjusted revenue per share for the three months ended in Dec. 2023 was $4.795. 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 $9.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KKR's average Cyclically Adjusted Revenue Growth Rate was 19.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 KKR was 26.70% per year. The lowest was -3.90% per year. And the median was 23.20% per year.

As of today (2024-04-27), KKR's current stock price is $95.54. KKR's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.53. KKR's Cyclically Adjusted PS Ratio of today is 10.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KKR was 33.09. The lowest was 2.29. And the median was 7.03.


KKR Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for KKR'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.

* Premium members only.

KKR Cyclically Adjusted Revenue per Share Chart

KKR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 4.69 7.11 8.00 9.53

KKR Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.00 8.42 8.83 9.17 9.53

Competitive Comparison of KKR's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, KKR'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.


KKR's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KKR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



KKR 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, KKR's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.795/129.4194*129.4194
=4.795

Current CPI (Dec. 2023) = 129.4194.

KKR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.932 99.695 1.210
201406 0.608 100.560 0.782
201409 0.763 100.428 0.983
201412 0.463 99.070 0.605
201503 0.617 99.621 0.802
201506 0.530 100.684 0.681
201509 0.417 100.392 0.538
201512 0.629 99.792 0.816
201603 0.362 100.470 0.466
201606 1.197 101.688 1.523
201609 1.431 101.861 1.818
201612 1.267 101.863 1.610
201703 1.546 102.862 1.945
201706 2.027 103.349 2.538
201709 1.479 104.136 1.838
201712 1.968 104.011 2.449
201803 0.882 105.290 1.084
201806 1.771 106.317 2.156
201809 2.070 106.507 2.515
201812 -0.324 105.998 -0.396
201903 2.159 107.251 2.605
201906 2.127 108.070 2.547
201909 1.413 108.329 1.688
201912 1.877 108.420 2.241
202003 -1.791 108.902 -2.128
202006 2.355 108.767 2.802
202009 3.217 109.815 3.791
202012 3.208 109.897 3.778
202103 7.349 111.754 8.511
202106 4.975 114.631 5.617
202109 7.034 115.734 7.866
202112 6.097 117.630 6.708
202203 1.688 121.301 1.801
202206 0.427 125.017 0.442
202209 2.055 125.227 2.124
202212 2.886 125.222 2.983
202303 3.525 127.348 3.582
202306 3.932 128.729 3.953
202309 3.601 129.860 3.589
202312 4.795 129.419 4.795

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


KKR  (NYSE:KKR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=95.54/9.53
=10.03

* 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 KKR was 33.09. The lowest was 2.29. And the median was 7.03.


Be Aware

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


KKR Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of KKR's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


KKR (KKR) Business Description

Industry
Traded in Other Exchanges
Address
30 Hudson Yards, New York, NY, USA, 10001
KKR is one of the world's largest alternative asset managers, with $518.5 billion in total assets under management, including $420.0 billion in fee-earning AUM, at the end of June 2023. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the October 2020 purchase of a 61.5% economic stake in Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets account for 50% of fee-earning AUM and 70% of base management fees, while public markets account for 50% and 30%, respectively.
Executives
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
David Sorkin officer: General Counsel and Secretary C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10019
Kathryn King Sudol officer: General Counsel and Secretary C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
Matt Cohler director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Ryan Stork officer: Chief Operating Officer 30 HUDSON YARDS, NEW YORK NY 10001
Henry R Kravis director, 10 percent owner, officer: Co-Chairman and Co-CEO C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
George R Roberts director, 10 percent owner, officer: Co-Chairman and Co-CEO C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025
Evan Spiegel director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Adriane M Brown director 3150 139TH AVENUE S.E., BELLEVUE WA 98040
Arturo Gutierrez director C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
Dane E Holmes director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Robert W Scully director C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
John B Hess director C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert H Lewin officer: Chief Financial Officer C/O KKR & CO. INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019

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