DHT HoldingsMEX:DHTN 61 PB Ratio is 2.25 as of Jun. 25, 2026, which is 132% above its 10-year median of 0.97. GuruFocus rates MEX:DHTN with a GF Score™ of 61/100 and a GF Value™ of MXN191.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 923 Oil & Gas companies, DHT Holdings ranks worse than 74% 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 (2026-06-25), DHT Holdings's share price is MXN311.00. DHT Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was MXN138.03. Hence, DHT Holdings's PB Ratio of today is 2.25.
Warning Sign:
DHT Holdings Inc stock PB Ratio (=2.53) is close to 10-year high of 2.77.
The historical rank and industry rank for DHT Holdings's PB Ratio or its related term are showing as below:
MEX:DHTN'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.97 Max: 2.77
Current: 2.53
During the past 13 years, DHT Holdings's highest PB Ratio was 2.77. The lowest was 0.50. And the median was 0.97.
MEX:DHTN's PB Ratio is ranked worse than 74% of 923
companies
in the Oil & Gas industry
Industry Median: 1.42
vs MEX:DHTN: 2.53
During the past 12 months, DHT Holdings's average Book Value Per Share Growth Rate was 16.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% 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 DHT Holdings was 140.80% per year. The lowest was -42.60% per year. And the median was -0.60% 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.
DHT Holdings PB Ratio Related Terms
DHT Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for DHT 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 Oil & Gas Midstream subindustry, DHT 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.
DHT Holdings PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where DHT 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.
DHT 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.
DHT Holdings (MEX:DHTN) has a PB Ratio of 2.25 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DHT Holdings and its competitors. This is 132% above median its historical median of 0.97. Over the past decade, DHT Holdings' PB Ratio has ranged from 0.50 to 2.77. According to the industry distribution chart, DHT Holdings ranks #683 out of 923 companies in the Oil & Gas industry, placing it in the top 74%.
Is DHT Holdings' PB Ratio too high?
DHT Holdings' current PB Ratio of 2.25 is 132% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.77. The Oil & Gas industry median PB Ratio is 1.42. DHT Holdings' value of 2.25 is 58.5% above this industry median. Based on the distribution chart, DHT Holdings ranks #683 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DHT Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' PB Ratio compare to TNK and NGL?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #683 out of 923 companies for PB Ratio. This places DHT Holdings in the lower half of its industry. The industry median PB Ratio is 1.42. DHT Holdings' value of 2.25 is 58.5% above this benchmark. Historically, DHT Holdings' own PB Ratio has ranged from 0.50 to 2.77 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.42, DHT 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.42, based on 923 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. DHT Holdings's current PB Ratio of 2.25 is 58.5% 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 DHT Holdings and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current PB Ratio is 2.25, which is 132% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (MEX:DHTN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN191.99, compared to a current price of MXN311.00 — trading 62% above its estimated fair value. The current PB Ratio is 2.25, which is 132% above median its 10-year median of 0.97 and 58.5% above the Oil & Gas industry median of 1.42. DHT Holdings' overall GF Score™ is 61/100 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 DHT Holdings (MEX:DHTN), the current PB Ratio is 2.25 as of Jun. 25, 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 DHT Holdings (MEX:DHTN) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of MXN311.00 is trading 62% above its estimated GF Value™ of MXN191.99.
GuruFocus considers DHT Holdings to be Significantly Overvalued.
Key valuation signals for MEX:DHTN:
PB Ratio: 2.25 (132% above median its 10-year median of 0.97)
GF Value™: MXN191.99 vs. price of MXN311.00 (62% above fair value)
Industry Position: 58.5% above the Oil & Gas median (#683 of 923)
No single metric tells the full story. See the MEX:DHTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
61GF Score
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