DSV AS (OCSE:DSV) PB Ratio: 3.31 (As of Jul. 17, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OCSE:DSV DSV AS OCSE:DSV
93 GF Score
Price kr1,693.00
GF Value kr1,945.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DSV AS PB Ratio?

DSV AS OCSE:DSV -0.03% 93 PB Ratio is 3.31 as of Jul. 17, 2026, which is 22% below its 10-year median of 4.25. GuruFocus rates OCSE:DSV with a GF Score™ of 93/100 and a GF Value™ of kr1,945.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 965 Transportation companies, DSV AS ranks worse than 85.08% 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 (2026-07-17), DSV AS's share price is kr1693.00. DSV AS's Book Value per Share for the quarter that ended in Mar. 2026 was kr511.53. Hence, DSV AS's PB Ratio of today is 3.31.

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

OCSE:DSV' s PB Ratio Range Over the Past 10 Years
Min: 2.3   Med: 4.25   Max: 8.17
Current: 3.31

During the past 13 years, DSV AS's highest PB Ratio was 8.17. The lowest was 2.30. And the median was 4.25.

OCSE:DSV's PB Ratio is ranked worse than
85.08% of 965 companies
in the Transportation industry
Industry Median: 1.24 vs OCSE:DSV: 3.31

During the past 12 months, DSV AS's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 25.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of DSV AS was 141.90% per year. The lowest was -45.90% per year. And the median was 17.10% per year.

Back to Basics: PB Ratio


DSV AS  (OCSE:DSV) 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.


DSV AS PB Ratio Related Terms


DSV AS PB Ratio Historical Data

* Premium members only.

The historical data trend for DSV AS'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.

DSV AS PB Ratio Chart

DSV AS 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 4.83 3.33 3.61 3.15 3.26

DSV AS 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 2.75 3.17 2.59 3.26 2.99

OCSE:DSV vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, DSV AS'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.


DSV AS PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where DSV AS's PB Ratio falls into.


OCSE:DSV
93GF Score
DSV AS OCSE:DSV
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DSV AS 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.

DSV AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1693.00/511.534
=3.31

* 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 3.31 mean?
DSV AS (OCSE:DSV) has a PB Ratio of 3.31 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DSV AS and its competitors. This is 22% below median its historical median of 4.25. Over the past decade, DSV AS's PB Ratio has ranged from 2.30 to 8.17. According to the industry distribution chart, DSV AS ranks #821 out of 965 companies in the Transportation industry, placing it in the top 85.1%.
Is DSV AS's PB Ratio too high?
DSV AS's current PB Ratio of 3.31 is 22% below median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 8.17. The Transportation industry median PB Ratio is 1.24. DSV AS's value of 3.31 is 166.9% above this industry median. Based on the distribution chart, DSV AS ranks #821 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, DSV AS has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, DSV AS ranks #821 out of 965 companies for PB Ratio. This places DSV AS in the lower half of its industry. The industry median PB Ratio is 1.24. DSV AS's value of 3.31 is 166.9% above this benchmark. Historically, DSV AS's own PB Ratio has ranged from 2.30 to 8.17 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 1.24, DSV AS 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 965 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. DSV AS's current PB Ratio of 3.31 is 166.9% 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 DSV AS and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSV AS's current PB Ratio is 3.31, which is 22% below median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (OCSE:DSV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1,945.17, compared to a current price of kr1,693.00 — trading 13% below its estimated fair value. The current PB Ratio is 3.31, which is 22% below median its 10-year median of 4.25 and 166.9% above the Transportation industry median of 1.24. DSV AS's overall GF Score™ is 93/100 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 DSV AS (OCSE:DSV), the current PB Ratio is 3.31 as of Jul. 17, 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 DSV AS (OCSE:DSV) Overvalued in 2026?

Based on GuruFocus' analysis, DSV AS stock appears to be undervalued. The current stock price of kr1,693.00 is trading 13% below its estimated GF Value™ of kr1,945.17. GuruFocus considers DSV AS to be Modestly Undervalued.

Key valuation signals for OCSE:DSV:

  • PB Ratio: 3.31 (22% below median its 10-year median of 4.25)
  • GF Value™: kr1,945.17 vs. price of kr1,693.00 (13% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 166.9% above the Transportation median (#821 of 965)

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


DSV AS Business Description

Address Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
93GF Score

Get the complete analysis for OCSE:DSV

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

kr1,693.00
Price
kr1,945.17
GF Value