I assume that
only integer parameters are used,
so the correct recurrence is
$T(n)=k * T(\lfloor n / k \rfloor)
$.
Correcting DanielV's answer,
since
$\lfloor \lfloor n/k \rfloor /k \rfloor
=\lfloor n/k^2 \rfloor
$,
by induction
$T(n)=k^m * T(\lfloor n / k^m \rfloor)
$
for
$k^m \le n
$.
If $m$ is the smallest value
such that
$k^m > n$
(this is
$m > \log(n)/\log(k)$
or
$m = \lceil \log(n+1)/\log(k) \rceil$
),
then,
since
$T(0) = 1$,
$T(n)
=k^m
$.
Since
$\log(n+1)/\log(k)
\le m
<1+\log(n+1)/\log(k)
$,
$n+1
\le k^m
< k(n+1)
$.
Therefore
$n+1
\le T(n)
< k(n+1)
$,
so
$T(n)
=\Theta(n)
$.
Notice that,
for the upper bound of
$T(n)
= O(n)
$,
the constant hidden by the
$O(n)$
depends on $k$.
Since this does not depend on $n$,
this is OK.