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.
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.
Kenon HoldingsFRA:76N 70 PB Ratio is 2.29 as of Jul. 23, 2026, which is 83% above its 10-year median of 1.25. GuruFocus rates FRA:76N with a GF Score™ of 70/100 and a GF Value™ of €37.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 432 Utilities - Independent Power Producers companies, Kenon Holdings ranks worse than 69.44% 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 (2026-07-23), Kenon Holdings's share price is €57.00. Kenon Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was €24.92. Hence, Kenon Holdings's PB Ratio of today is 2.29.
The historical rank and industry rank for Kenon Holdings's PB Ratio or its related term are showing as below:
FRA:76N'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.25 Max: 3.23
Current: 2.39
During the past 13 years, Kenon Holdings's highest PB Ratio was 3.23. The lowest was 0.68. And the median was 1.25.
During the past 12 months, Kenon Holdings's average Book Value Per Share Growth Rate was -6.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kenon Holdings was 40.30% per year. The lowest was -15.20% per year. And the median was -0.40% per year.
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.
Kenon Holdings PB Ratio Related Terms
Kenon Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Kenon Holdings'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.
For the Utilities - Independent Power Producers subindustry, Kenon Holdings'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.
Kenon Holdings PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kenon Holdings's PB Ratio falls into.
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.
Kenon Holdings's PB Ratio for today is calculated as follows:
* 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.
Kenon Holdings (FRA:76N) has a PB Ratio of 2.29 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kenon Holdings and its competitors. This is 83% above median its historical median of 1.25. Over the past decade, Kenon Holdings' PB Ratio has ranged from 0.68 to 3.23. According to the industry distribution chart, Kenon Holdings ranks #300 out of 432 companies in the Utilities - Independent Power Producers industry, placing it in the top 69.4%.
Is Kenon Holdings' PB Ratio too high?
Kenon Holdings' current PB Ratio of 2.29 is 83% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.23. The Utilities - Independent Power Producers industry median PB Ratio is 1.33. Kenon Holdings' value of 2.29 is 72.2% above this industry median. Based on the distribution chart, Kenon Holdings ranks #300 out of 432 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Kenon Holdings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenon Holdings' PB Ratio compare to HNRG and OKLO?
According to the Utilities - Independent Power Producers industry distribution chart, Kenon Holdings ranks #300 out of 432 companies for PB Ratio. This places Kenon Holdings in the lower half of its industry. The industry median PB Ratio is 1.33. Kenon Holdings' value of 2.29 is 72.2% above this benchmark. Historically, Kenon Holdings' own PB Ratio has ranged from 0.68 to 3.23 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.33, Kenon Holdings 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 Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.33, based on 432 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. Kenon Holdings's current PB Ratio of 2.29 is 72.2% 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 Kenon Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenon Holdings's current PB Ratio is 2.29, which is 83% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kenon Holdings (FRA:76N) is currently considered Significantly Overvalued. The stock's GF Value™ is €37.22, compared to a current price of €57.00 — trading 53.1% above its estimated fair value. The current PB Ratio is 2.29, which is 83% above median its 10-year median of 1.25 and 72.2% above the Utilities - Independent Power Producers industry median of 1.33. Kenon Holdings' overall GF Score™ is 70/100 with 7 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 Kenon Holdings (FRA:76N), the current PB Ratio is 2.29 as of Jul. 23, 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 Kenon Holdings (FRA:76N) Overvalued in 2026?
Based on GuruFocus' analysis, Kenon Holdings stock appears to be overvalued.
The current stock price of €57.00 is trading 53.1% above its estimated GF Value™ of €37.22.
GuruFocus considers Kenon Holdings to be Significantly Overvalued.
Key valuation signals for FRA:76N:
PB Ratio: 2.29 (83% above median its 10-year median of 1.25)
GF Value™: €37.22 vs. price of €57.00 (53.1% above fair value)
Industry Position: 72.2% above the Utilities - Independent Power Producers median (#300 of 432)
No single metric tells the full story. See the FRA:76N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenon Holdings Ltd is a holding company that operates dynamic, growth-oriented businesses. The company's operating segments include: OPC Power Plants, which generates and supplies electricity and energy in Israel; and CPV Group, which generates and supplies electricity and energy in the United States. It generates maximum revenue from the OPC Power Plants segment, which generates and supplies electricity and energy in Israel. CPV Group is a limited partnership owned by OPC, which generates and supplies electricity and energy in the United States. Geographically, the company generates a majority of its revenue from Israel and the rest from the United States.
70GF Score
Get the complete analysis for FRA:76N
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:76N has been successfully added to your 
