KVHI (KVH Industries) PB Ratio: 1.23 (As of Aug. 07, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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KVHI KVH Industries Inc KVHI
51 GF Score
Price $8.29
GF Value $6.02
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is KVH Industries PB Ratio?

KVH Industries KVHI -14.27% 51 PB Ratio is 1.23 as of Aug. 07, 2026, which is 4% below its 10-year median of 1.28. GuruFocus rates KVHI with a GF Score™ of 51/100 and a GF Value™ of $6.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 340 Telecommunication Services companies, KVH Industries ranks better than 67.06% 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 (2026-08-07), KVH Industries's share price is $8.29. KVH Industries's Book Value per Share for the quarter that ended in Mar. 2026 was $6.75. Hence, KVH Industries's PB Ratio of today is 1.23.

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

KVHI' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.28   Max: 2.34
Current: 1.23

During the past 13 years, KVH Industries's highest PB Ratio was 2.34. The lowest was 0.56. And the median was 1.28.

KVHI's PB Ratio is ranked better than
67.06% of 340 companies
in the Telecommunication Services industry
Industry Median: 1.76 vs KVHI: 1.23

During the past 12 months, KVH Industries's average Book Value Per Share Growth Rate was -3.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KVH Industries was 63.30% per year. The lowest was -9.40% per year. And the median was 4.40% per year.

Back to Basics: PB Ratio


KVH Industries  (NAS:KVHI) 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.


KVH Industries PB Ratio Related Terms


KVH Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for KVH Industries'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.

KVH Industries PB Ratio Chart

KVH Industries 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 1.35 1.24 0.70 0.81 1.04

KVH Industries 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 0.76 0.75 0.84 1.04 1.33

KVHI vs KORE, CABO, CXDO: PB Ratio Comparison

For the Telecom Services subindustry, KVH Industries'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.


KVH Industries PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KVH Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where KVH Industries's PB Ratio falls into.


KVHI
51GF Score
KVH Industries Inc KVHI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KVH Industries 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.

KVH Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=8.29/6.753
=1.23

* 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 1.23 mean?
KVH Industries (KVHI) has a PB Ratio of 1.23 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KVH Industries and its competitors. This is near median its historical median of 1.28. Over the past decade, KVH Industries' PB Ratio has ranged from 0.56 to 2.34. According to the industry distribution chart, KVH Industries ranks #112 out of 340 companies in the Telecommunication Services industry, placing it in the top 32.9%.
Is KVH Industries' PB Ratio too high?
KVH Industries' current PB Ratio of 1.23 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.34. The Telecommunication Services industry median PB Ratio is 1.76. KVH Industries' value of 1.23 is 30.1% below this industry median. Based on the distribution chart, KVH Industries ranks #112 out of 340 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, KVH Industries has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KVH Industries' PB Ratio compare to KORE and CABO?
According to the Telecommunication Services industry distribution chart, KVH Industries ranks #112 out of 340 companies for PB Ratio. This puts KVH Industries in the upper half of its industry. The industry median PB Ratio is 1.76. KVH Industries' value of 1.23 is 30.1% below this benchmark. Historically, KVH Industries' own PB Ratio has ranged from 0.56 to 2.34 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.76, KVH Industries has consistently been below 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.76, based on 340 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. KVH Industries's current PB Ratio of 1.23 is 30.1% below 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 KVH Industries and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KVH Industries's current PB Ratio is 1.23, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KVH Industries stock overvalued right now?
Based on GuruFocus' analysis, KVH Industries (KVHI) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.02, compared to a current price of $8.29 — trading 37.7% above its estimated fair value. The current PB Ratio is 1.23, which is near median its 10-year median of 1.28 and 30.1% below the Telecommunication Services industry median of 1.76. KVH Industries' overall GF Score™ is 51/100 with 4 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 KVH Industries (KVHI), the current PB Ratio is 1.23 as of Aug. 07, 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 KVH Industries (KVHI) Overvalued in 2026?

Based on GuruFocus' analysis, KVH Industries stock appears to be overvalued. The current stock price of $8.29 is trading 37.7% above its estimated GF Value™ of $6.02. GuruFocus considers KVH Industries to be Significantly Overvalued.

Key valuation signals for KVHI:

  • PB Ratio: 1.23 (near median its 10-year median of 1.28)
  • GF Value™: $6.02 vs. price of $8.29 (37.7% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 30.1% below the Telecommunication Services median (#112 of 340)

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


KVH Industries Business Description

Address 50 Enterprise Center, Middletown, RI, USA, 02842
KVH Industries Inc provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services. It offers high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite and integrated 5G/LTE cellular communications to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. It operates in several geographic areas, including internationally. Revenues are generated from international locations, mainly consisting of Singapore, Canada, South America, European Union and other European countries, and other regions.
51GF Score

Get the complete analysis for KVHI

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

$8.29
Price
$6.02
GF Value