KH Group (CHIX:KHGH) PB Ratio: 1.36 (As of Jul. 16, 2026) — 127% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:KHGH KH Group PLC CHIX:KHGH
40 GF Score
Price €1.09
GF Value €1.20
! 6 Warning Signs
View Full Analysis

What is KH Group PB Ratio?

KH Group CHIX:KHGH 40 PB Ratio is 1.36 as of Jul. 16, 2026, which is 127% above its 10-year median of 0.60. GuruFocus rates CHIX:KHGH with a GF Score™ of 40/100 and a GF Value™ of €1.20. The stock has 6 warning signs investors should review. Among 156 Industrial Distribution companies, KH Group ranks better than 73.72% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-16), KH Group's share price is €1.092. KH Group's Book Value per Share for the quarter that ended in Mar. 2026 was €0.80. Hence, KH Group's PB Ratio of today is 1.36.

Warning Sign:

KH Group PLC stock PB Ratio (=0.66) is close to 2-year high of 0.72.

The historical rank and industry rank for KH Group's PB Ratio or its related term are showing as below:

CHIX:KHGh' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.6   Max: 0.76
Current: 0.66

During the past 13 years, KH Group's highest PB Ratio was 0.76. The lowest was 0.42. And the median was 0.60.

CHIX:KHGh's PB Ratio is ranked better than
73.72% of 156 companies
in the Industrial Distribution industry
Industry Median: 1.12 vs CHIX:KHGh: 0.66

During the past 12 months, KH Group's average Book Value Per Share Growth Rate was -6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KH Group was 24.30% per year. The lowest was -23.30% per year. And the median was -1.50% per year.

Back to Basics: PB Ratio


KH Group  (CHIX:KHGh) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


KH Group PB Ratio Related Terms


KH Group PB Ratio Historical Data

* Premium members only.

The historical data trend for KH Group's PB 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.

KH Group PB Ratio Chart

KH Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.86 0.85 1.28 1.28

KH Group Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB 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 1.28 1.30 1.30 1.28 1.36

CHIX:KHGH vs HON, MMM: PB Ratio Comparison

For the Industrial Distribution subindustry, KH Group'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.


KH Group PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, KH Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where KH Group's PB Ratio falls into.


CHIX:KHGH
40GF Score
KH Group PLC CHIX:KHGH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KH Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

KH Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.092/0.804
=1.36

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.36 mean?
KH Group (CHIX:KHGH) has a PB Ratio of 1.36 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KH Group and its competitors. This is 127% above median its historical median of 0.60. Over the past decade, KH Group's PB Ratio has ranged from 0.42 to 0.76. According to the industry distribution chart, KH Group ranks #41 out of 156 companies in the Industrial Distribution industry, placing it in the top 26.3%.
Is KH Group's PB Ratio too high?
KH Group's current PB Ratio of 1.36 is 127% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.76. The Industrial Distribution industry median PB Ratio is 1.12. KH Group's value of 1.36 is 21.4% above this industry median. Based on the distribution chart, KH Group ranks #41 out of 156 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, KH Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does KH Group's PB Ratio compare to HON and MMM?
According to the Industrial Distribution industry distribution chart, KH Group ranks #41 out of 156 companies for PB Ratio. This puts KH Group in the upper half of its industry. The industry median PB Ratio is 1.12. KH Group's value of 1.36 is 21.4% above this benchmark. Historically, KH Group's own PB Ratio has ranged from 0.42 to 0.76 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.12, KH Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Industrial Distribution company?
The median PB Ratio among Industrial Distribution companies is 1.12, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KH Group's current PB Ratio of 1.36 is 21.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KH Group and its competitors. For the Industrial Distribution industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KH Group's current PB Ratio is 1.36, which is 127% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KH Group stock overvalued right now?
KH Group (CHIX:KHGH) has a current PB Ratio of 1.36. The stock's GF Value™ is €1.20, compared to a current price of €1.09 — trading 9% below its estimated fair value. The current PB Ratio is 1.36, which is 127% above median its 10-year median of 0.60 and 21.4% above the Industrial Distribution industry median of 1.12. KH Group's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For KH Group (CHIX:KHGH), the current PB Ratio is 1.36 as of Jul. 16, 2026. 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 KH Group (CHIX:KHGH) Overvalued in 2026?

Based on GuruFocus' analysis, KH Group stock appears to be undervalued. The current stock price of €1.09 is trading 9% below its estimated GF Value™ of €1.20.

Key valuation signals for CHIX:KHGH:

  • PB Ratio: 1.36 (127% above median its 10-year median of 0.60)
  • GF Value™: €1.20 vs. price of €1.09 (9% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 21.4% above the Industrial Distribution median (#41 of 156)

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


KH Group Business Description

Other Exchanges KHG:Finland
Address Etelaranta 14, Helsinki, FIN, 00130
KH Group PLC is a Nordic corporation supporting sustainable construction and society's critical functions, with two business areas: KH-Koneet, a supplier of construction and earthmoving machinery, and Nordic Rescue Group, a rescue vehicle manufacturer. The company operates through KH-Koneet and Nordic Rescue Group segments, with KH-Koneet generating the majority of its revenue by selling and renting machinery, equipment, and services for earthworks, property maintenance, and material handling, while Nordic Rescue Group manufactures and distributes rescue vehicles in the Nordic countries. Its geographic areas are Finland and Sweden.
40GF Score

Get the complete analysis for CHIX:KHGH

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

€1.09
Price
€1.20
GF Value