DeNA Co (FRA:D2N) PB Ratio: 1.08 (As of Jul. 20, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:D2N DeNA Co Ltd FRA:D2N
69 GF Score
Price €12.70
GF Value €10.92
Valuation Modestly Overvalued
! 1 Warning Sign
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What is DeNA Co PB Ratio?

DeNA Co FRA:D2N +0.13% 69 PB Ratio is 1.08 as of Jul. 20, 2026, which is at its 10-year median of 1.08. GuruFocus rates FRA:D2N with a GF Score™ of 69/100 and a GF Value™ of €10.92 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 547 Conglomerates companies, DeNA Co ranks worse than 54.11% 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 (2026-07-20), DeNA Co's share price is €12.70. DeNA Co's Book Value per Share for the quarter that ended in Mar. 2026 was €11.81. Hence, DeNA Co's PB Ratio of today is 1.08.

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

FRA:D2N' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.08   Max: 2.83
Current: 1.11

During the past 13 years, DeNA Co's highest PB Ratio was 2.83. The lowest was 0.64. And the median was 1.08.

FRA:D2N's PB Ratio is ranked worse than
54.11% of 547 companies
in the Conglomerates industry
Industry Median: 1.03 vs FRA:D2N: 1.11

During the past 12 months, DeNA Co's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of DeNA Co was 57.60% per year. The lowest was -3.10% per year. And the median was 13.50% per year.

Back to Basics: PB Ratio


DeNA Co  (FRA:D2N) 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.


DeNA Co PB Ratio Related Terms


DeNA Co PB Ratio Historical Data

* Premium members only.

The historical data trend for DeNA Co'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.

DeNA Co PB Ratio Chart

DeNA Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.88 0.77 1.60 1.11

DeNA Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 1.60 1.08 0.93 1.09 1.11

FRA:D2N vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, DeNA Co'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.


DeNA Co PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, DeNA Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where DeNA Co's PB Ratio falls into.


FRA:D2N
69GF Score
DeNA Co Ltd FRA:D2N
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DeNA Co 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.

DeNA Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.70/11.808
=1.08

* 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 1.08 mean?
DeNA Co (FRA:D2N) has a PB Ratio of 1.08 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DeNA Co and its competitors. This is near median its historical median of 1.08. Over the past decade, DeNA Co's PB Ratio has ranged from 0.64 to 2.83. According to the industry distribution chart, DeNA Co ranks #296 out of 547 companies in the Conglomerates industry, placing it in the top 54.1%.
Is DeNA Co's PB Ratio too high?
DeNA Co's current PB Ratio of 1.08 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.83. The Conglomerates industry median PB Ratio is 1.03. DeNA Co's value of 1.08 is 4.9% above this industry median. Based on the distribution chart, DeNA Co ranks #296 out of 547 companies in the Conglomerates industry, which is below the industry midpoint. Overall, DeNA Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DeNA Co's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, DeNA Co ranks #296 out of 547 companies for PB Ratio. This places DeNA Co in the lower half of its industry. The industry median PB Ratio is 1.03. DeNA Co's value of 1.08 is 4.9% above this benchmark. Historically, DeNA Co's own PB Ratio has ranged from 0.64 to 2.83 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.03, DeNA Co 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 a Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.03, based on 547 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. DeNA Co's current PB Ratio of 1.08 is 4.9% 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 DeNA Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeNA Co's current PB Ratio is 1.08, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeNA Co stock overvalued right now?
Based on GuruFocus' analysis, DeNA Co (FRA:D2N) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.92, compared to a current price of €12.70 — trading 16.3% above its estimated fair value. The current PB Ratio is 1.08, which is near median its 10-year median of 1.08 and 4.9% above the Conglomerates industry median of 1.03. DeNA Co's overall GF Score™ is 69/100 with 1 warning sign 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 DeNA Co (FRA:D2N), the current PB Ratio is 1.08 as of Jul. 20, 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 DeNA Co (FRA:D2N) Overvalued in 2026?

Based on GuruFocus' analysis, DeNA Co stock appears to be overvalued. The current stock price of €12.70 is trading 16.3% above its estimated GF Value™ of €10.92. GuruFocus considers DeNA Co to be Modestly Overvalued.

Key valuation signals for FRA:D2N:

  • PB Ratio: 1.08 (near median its 10-year median of 1.08)
  • GF Value™: €10.92 vs. price of €12.70 (16.3% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 4.9% above the Conglomerates median (#296 of 547)

No single metric tells the full story. See the FRA:D2N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DeNA Co Business Description

Other Exchanges DNACF:USA2432:Japan
Address 2-24-12 Shibuya, Shibuya Scramble Square, Shibuya-ku, Tokyo, JPN, 150-6140
DeNA Co Ltd is a social media service provider in Japan. It generates majority of the portion of its revenue by providing social media and Internet marketing-related services through its Social Media segment. The E-commerce segment offers E-Commerce related services, including the operation of auction shopping and cellular phone websites under the names DeNA shopping and Mobaoku, respectively. The Others segment is engaged in travel agency and insurance agency services, and professional baseball related business. The company has its primary market in North America.
69GF Score

Get the complete analysis for FRA:D2N

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

€12.70
Price
€10.92
GF Value