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KKR (FRA:KR51) Shiller PE Ratio : 35.87 (As of May. 05, 2024)


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What is KKR Shiller PE Ratio?

As of today (2024-05-05), KKR's current share price is €90.75. KKR's E10 for the quarter that ended in Dec. 2023 was €2.53. KKR's Shiller PE Ratio for today is 35.87.

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

FRA:KR51' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.96   Med: 20.09   Max: 35.92
Current: 33.84

During the past years, KKR's highest Shiller PE Ratio was 35.92. The lowest was 10.96. And the median was 20.09.

FRA:KR51's Shiller PE Ratio is ranked worse than
89.15% of 765 companies
in the Asset Management industry
Industry Median: 12.8 vs FRA:KR51: 33.84

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.

KKR's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.045. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KKR Shiller PE Ratio Historical Data

The historical data trend for KKR'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.

* Premium members only.

KKR Shiller PE Ratio Chart

KKR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.74 21.17 26.56 17.77 29.51

KKR Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.17 20.59 21.84 29.51 -

Competitive Comparison of KKR's Shiller PE Ratio

For the Asset Management subindustry, KKR'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.


KKR's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



KKR 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.

KKR's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=90.75/2.53
=35.87

* 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.

KKR's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, KKR's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.045/129.4194*129.4194
=1.045

Current CPI (Dec. 2023) = 129.4194.

KKR Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.470 99.695 0.610
201406 0.316 100.560 0.407
201409 0.155 100.428 0.200
201412 -0.001 99.070 -0.001
201503 0.527 99.621 0.685
201506 0.695 100.684 0.893
201509 -0.374 100.392 -0.482
201512 0.055 99.792 0.071
201603 -0.656 100.470 -0.845
201606 0.169 101.688 0.215
201609 0.650 101.861 0.826
201612 0.332 101.863 0.422
201703 0.486 102.862 0.611
201706 0.721 103.349 0.903
201709 0.252 104.136 0.313
201712 0.270 104.011 0.336
201803 0.260 105.290 0.320
201806 1.061 106.317 1.292
201809 1.003 106.507 1.219
201812 -0.650 105.998 -0.794
201903 1.124 107.251 1.356
201906 0.823 108.070 0.986
201909 0.390 108.329 0.466
201912 0.819 108.420 0.978
202003 -2.091 108.902 -2.485
202006 1.101 108.767 1.310
202009 1.520 109.815 1.791
202012 2.022 109.897 2.381
202103 2.251 111.754 2.607
202106 1.702 114.631 1.922
202109 1.530 115.734 1.711
202112 0.797 117.630 0.877
202203 -0.018 121.301 -0.019
202206 -1.022 125.017 -1.058
202209 0.040 125.227 0.041
202212 0.198 125.222 0.205
202303 0.336 127.348 0.341
202306 0.868 128.729 0.873
202309 1.537 129.860 1.532
202312 1.045 129.419 1.045

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.


KKR  (FRA:KR51) 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.


KKR Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of KKR's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KKR (FRA:KR51) Business Description

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.

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