Dentsu Group (FRA:DEN) PB Ratio: 1.84 (As of Jun. 26, 2026) — 39% Above Median


FRA:DEN Dentsu Group Inc FRA:DEN
69 GF Score
Price €16.10
GF Value €22.12
! 5 Warning Signs
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What is Dentsu Group PB Ratio?

Dentsu Group FRA:DEN +1.26% 69 PB Ratio is 1.84 as of Jun. 26, 2026, which is 39% above its 10-year median of 1.32. GuruFocus rates FRA:DEN with a GF Score™ of 69/100 and a GF Value™ of €22.12. The stock has 5 warning signs investors should review. Among 931 Media - Diversified companies, Dentsu Group ranks worse than 64.55% 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 (2026-06-26), Dentsu Group's share price is €16.10. Dentsu Group's Book Value per Share for the quarter that ended in Mar. 2026 was €8.76. Hence, Dentsu Group's PB Ratio of today is 1.84.

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

FRA:DEN' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.32   Max: 2.4
Current: 1.86

During the past 13 years, Dentsu Group's highest PB Ratio was 2.40. The lowest was 0.55. And the median was 1.32.

FRA:DEN's PB Ratio is ranked worse than
64.55% of 931 companies
in the Media - Diversified industry
Industry Median: 1.24 vs FRA:DEN: 1.86

During the past 12 months, Dentsu Group's average Book Value Per Share Growth Rate was -37.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dentsu Group was 29.90% per year. The lowest was -24.30% per year. And the median was 4.30% per year.

Back to Basics: PB Ratio


Dentsu Group  (FRA:DEN) 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.


Dentsu Group PB Ratio Related Terms


Dentsu Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Dentsu Group'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.

Dentsu Group PB Ratio Chart

Dentsu Group 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 1.30 1.25 1.12 1.36 2.24

Dentsu Group 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 1.27 1.37 1.38 2.24 1.69

FRA:DEN vs APP, OMC, TTD: PB Ratio Comparison

For the Advertising Agencies subindustry, Dentsu Group'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.


Dentsu Group PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dentsu Group's PB Ratio falls into.


FRA:DEN
69GF Score
Dentsu Group Inc FRA:DEN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dentsu Group 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.

Dentsu Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=16.10/8.762
=1.84

* 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 1.84 mean?
Dentsu Group (FRA:DEN) has a PB Ratio of 1.84 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dentsu Group and its competitors. This is 39% above median its historical median of 1.32. Over the past decade, Dentsu Group's PB Ratio has ranged from 0.55 to 2.40. According to the industry distribution chart, Dentsu Group ranks #601 out of 931 companies in the Media - Diversified industry, placing it in the top 64.6%.
Is Dentsu Group's PB Ratio too high?
Dentsu Group's current PB Ratio of 1.84 is 39% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.40. The Media - Diversified industry median PB Ratio is 1.24. Dentsu Group's value of 1.84 is 48.4% above this industry median. Based on the distribution chart, Dentsu Group ranks #601 out of 931 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Dentsu Group has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Dentsu Group's PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Dentsu Group ranks #601 out of 931 companies for PB Ratio. This places Dentsu Group in the lower half of its industry. The industry median PB Ratio is 1.24. Dentsu Group's value of 1.84 is 48.4% above this benchmark. Historically, Dentsu Group's own PB Ratio has ranged from 0.55 to 2.40 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.24, Dentsu Group 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.24, based on 931 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. Dentsu Group's current PB Ratio of 1.84 is 48.4% 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 Dentsu Group and its competitors. For the Media - Diversified 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. Dentsu Group's current PB Ratio is 1.84, which is 39% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dentsu Group stock overvalued right now?
Dentsu Group (FRA:DEN) has a current PB Ratio of 1.84. The stock's GF Value™ is €22.12, compared to a current price of €16.10 — trading 27.2% below its estimated fair value. The current PB Ratio is 1.84, which is 39% above median its 10-year median of 1.32 and 48.4% above the Media - Diversified industry median of 1.24. Dentsu Group's overall GF Score™ is 69/100 with 5 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 Dentsu Group (FRA:DEN), the current PB Ratio is 1.84 as of Jun. 26, 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 Dentsu Group (FRA:DEN) Overvalued in 2026?

Based on GuruFocus' analysis, Dentsu Group stock appears to be undervalued. The current stock price of €16.10 is trading 27.2% below its estimated GF Value™ of €22.12.

Key valuation signals for FRA:DEN:

  • PB Ratio: 1.84 (39% above median its 10-year median of 1.32)
  • GF Value™: €22.12 vs. price of €16.10 (27.2% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 48.4% above the Media - Diversified median (#601 of 931)

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


Dentsu Group Business Description

Address 1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group is the top advertising agency in Japan and the fifth-largest advertising network in the world. It is the oldest advertising agency in Japan, with the original company being established in 1901. Over the years, Dentsu expanded its global footprint through mergers and acquisitions. Currently, international sales account for about 60% of total revenue.
69GF Score

Get the complete analysis for FRA:DEN

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

€16.10
Price
€22.12
GF Value