in my book (El color y su medición, Americalee, Buenos Aires, 1978) you can find the study of colorant power (pg.322,323,326,342,389,405-407, 410,411,431,434-437) pages where I treated the matter, and there is a formulae whch can hel to solve this questios known as the "reflectance factor".
As the text says it is a relative factor and not absolute, It depends which is agaist of.
1. Narayana Swamy. V., K.N. Ninge Gowda and R. Sudhakar. Natural dye extracted from Vitex negundo as a potential alternative to synthetic dyes for dyeing of silk, (J. Institute of Engineer India Series E). 97 (1), April, 2016 : 31-38.
Narendra Gangakhedkar provides the formula to compute color strength from the K/S value. Basically, it's a ratio of the K/S of the batch to the K/S of the standard.
This is somewhat problematic, since K/S is computed at each wavelength. If the theory holds true, you should compute the same K/S ratio at each wavelength. But single parameter Kubelka-Munk is only an approximation, so you need to decide on a wavelength or wavelength range to measure.