The Kvs value is a valve flow coefficient that indicates how much water can pass through it when the valve is fully open.
The definition is:
Kvs = flow rate in m³/h through a fully open valve at a pressure drop of 1 bar, using water at roughly 5–40°C.
For example, a valve with Kvs = 4.0 passes about 4 m³/h (4,000 litres/hour) when the pressure drop across it is 1 bar.
For water, the useful formula is: