KBC Ancora (FRA:KB9) Book Value per Share: €46.79 (As of Dec. 2025)

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FRA:KB9 KBC Ancora SA FRA:KB9
65 GF Score
Price €83.30
GF Value €56.96
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is KBC Ancora Book Value per Share?

KBC Ancora FRA:KB9 +0.12% 65 Book Value per Share is €46.79 as of Dec. 2025. GuruFocus rates FRA:KB9 with a GF Score™ of 65/100 and a GF Value™ of €56.96 (Significantly Overvalued). The stock has 8 warning signs investors should review.

KBC Ancora's book value per share for the quarter that ended in Dec. 2025 was €46.79.

During the past 12 months, KBC Ancora's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KBC Ancora was 10.30% per year. The lowest was -23.00% per year. And the median was 1.00% per year.

KBC Ancora's current price is €83.30. Its book value per share for the quarter that ended in Dec. 2025 was €46.79. Hence, today's PB Ratio of KBC Ancora is 1.82.

During the past 13 years, the highest P/B Ratio of KBC Ancora was 1.84. The lowest was 0.68. And the median was 1.11.

Warning Sign:

KBC Ancora SA stock PB Ratio (=1.8) is close to 10-year high of 1.84.


KBC Ancora  (FRA:KB9) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


KBC Ancora Book Value per Share Related Terms


KBC Ancora Book Value per Share Historical Data

* Premium members only.

The historical data trend for KBC Ancora's Book Value 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.

KBC Ancora Book Value per Share Chart

KBC Ancora Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.40 43.95 45.19 45.23 45.82

KBC Ancora Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Book Value 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 45.49 45.23 46.19 45.82 46.79

FRA:KB9 vs BLK, BX, KKR: Book Value per Share Comparison

For the Asset Management subindustry, KBC Ancora's PB Ratio, along with its competitors' market caps and PB 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.


KBC Ancora PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, KBC Ancora's PB Ratio distribution charts can be found below:

* The bar in red indicates where KBC Ancora's PB Ratio falls into.


FRA:KB9
65GF Score
KBC Ancora SA FRA:KB9
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KBC Ancora Book Value per Share Calculation

KBC Ancora's Book Value Per Share for the fiscal year that ended in Jun. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,528.7-0.0)/77.0
=45.82

KBC Ancora's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,603.1-0.0)/77.0
=46.79

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €46.79 mean?
KBC Ancora (FRA:KB9) has a Book Value per Share of €46.79 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on KBC Ancora and its competitors.
Is KBC Ancora's Book Value per Share too high?
KBC Ancora's current Book Value per Share is €46.79. Overall, KBC Ancora has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KBC Ancora's Book Value per Share compare to BLK and BX?
KBC Ancora's Book Value per Share of €46.79 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Asset Management company?
A good Book Value per Share depends on the Asset Management industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on KBC Ancora and its competitors. KBC Ancora's current Book Value per Share is €46.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBC Ancora stock overvalued right now?
Based on GuruFocus' analysis, KBC Ancora (FRA:KB9) is currently considered Significantly Overvalued. The stock's GF Value™ is €56.96, compared to a current price of €83.30 — trading 46.2% above its estimated fair value. The current Book Value per Share is €46.79. KBC Ancora's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For KBC Ancora (FRA:KB9), the current Book Value per Share is €46.79 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KBC Ancora (FRA:KB9) Overvalued in 2026?

Based on GuruFocus' analysis, KBC Ancora stock appears to be overvalued. The current stock price of €83.30 is trading 46.2% above its estimated GF Value™ of €56.96. GuruFocus considers KBC Ancora to be Significantly Overvalued.

Key valuation signals for FRA:KB9:

  • Book Value per Share: €46.79
  • GF Value™: €56.96 vs. price of €83.30 (46.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the FRA:KB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KBC Ancora Business Description

Address Muntstraat 1, Leuven, BEL, 3000
KBC Ancora SA is a financial services holding company whose sole asset is a substantial participating interest in KBC Group. Its operational activities are fairly limited. The group engages in retail banking, insurance, and asset management services, deriving the vast majority of its profits from activities in Belgium. Other profit-driving markets include the Czech Republic, Bulgaria, and Ireland. Revenue is reported through net interest income, insurance premiums, and fees and commissions, reflecting a diverse range of services.
65GF Score

Get the complete analysis for FRA:KB9

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€83.30
Price
€56.96
GF Value