KPDCF (Keppel DC REIT) PB Ratio: 1.32 (As of Jun. 27, 2026) — 10% Below Median


KPDCF Keppel DC REIT KPDCF
85 GF Score
Price $1.74
GF Value $1.82
Valuation Fairly Valued
! 10 Warning Signs
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What is Keppel DC REIT PB Ratio?

Keppel DC REIT KPDCF 85 PB Ratio is 1.32 as of Jun. 27, 2026, which is 10% below its 10-year median of 1.47. GuruFocus rates KPDCF with a GF Score™ of 85/100 and a GF Value™ of $1.82 (Fairly Valued). The stock has 10 warning signs investors should review. Among 929 REITs companies, Keppel DC REIT ranks worse than 81.59% 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 (2026-06-27), Keppel DC REIT's share price is $1.74. Keppel DC REIT's Book Value per Share for the quarter that ended in Dec. 2025 was $1.32. Hence, Keppel DC REIT's PB Ratio of today is 1.32.

Good Sign:

Keppel DC REIT stock PB Ratio (=1.32) is close to 5-year low of 1.2.

The historical rank and industry rank for Keppel DC REIT's PB Ratio or its related term are showing as below:

KPDCF' s PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.47   Max: 2.66
Current: 1.27

During the past 12 years, Keppel DC REIT's highest PB Ratio was 2.66. The lowest was 1.16. And the median was 1.47.

KPDCF's PB Ratio is ranked worse than
81.59% of 929 companies
in the REITs industry
Industry Median: 0.87 vs KPDCF: 1.27

During the past 12 months, Keppel DC REIT's average Book Value Per Share Growth Rate was 12.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Keppel DC REIT was 8.40% per year. The lowest was 3.90% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio


Keppel DC REIT  (OTCPK:KPDCF) 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.


Keppel DC REIT PB Ratio Related Terms


Keppel DC REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Keppel DC REIT'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.

Keppel DC REIT PB Ratio Chart

Keppel DC REIT 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 1.80 1.28 1.39 1.44 1.25

Keppel DC REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.39 1.34 1.44 1.45 1.25

KPDCF vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, Keppel DC REIT'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.


Keppel DC REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Keppel DC REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Keppel DC REIT's PB Ratio falls into.


KPDCF
85GF Score
Keppel DC REIT KPDCF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keppel DC REIT 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.

Keppel DC REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.74/1.323
=1.32

* 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 1.32 mean?
Keppel DC REIT (KPDCF) has a PB Ratio of 1.32 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Keppel DC REIT and its competitors. This is 10% below median its historical median of 1.47. Over the past decade, Keppel DC REIT's PB Ratio has ranged from 1.16 to 2.66. According to the industry distribution chart, Keppel DC REIT ranks #758 out of 929 companies in the REITs industry, placing it in the top 81.6%.
Is Keppel DC REIT's PB Ratio too high?
Keppel DC REIT's current PB Ratio of 1.32 is 10% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.66. The REITs industry median PB Ratio is 0.87. Keppel DC REIT's value of 1.32 is 51.7% above this industry median. Based on the distribution chart, Keppel DC REIT ranks #758 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Keppel DC REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #758 out of 929 companies for PB Ratio. This places Keppel DC REIT in the lower half of its industry. The industry median PB Ratio is 0.87. Keppel DC REIT's value of 1.32 is 51.7% above this benchmark. Historically, Keppel DC REIT's own PB Ratio has ranged from 1.16 to 2.66 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.87, Keppel DC REIT 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 REITs company?
The median PB Ratio among REITs companies is 0.87, based on 929 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. Keppel DC REIT's current PB Ratio of 1.32 is 51.7% 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 Keppel DC REIT and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel DC REIT's current PB Ratio is 1.32, which is 10% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (KPDCF) is currently considered Fairly Valued. The stock's GF Value™ is $1.82, compared to a current price of $1.74 — trading 4.4% below its estimated fair value. The current PB Ratio is 1.32, which is 10% below median its 10-year median of 1.47 and 51.7% above the REITs industry median of 0.87. Keppel DC REIT's overall GF Score™ is 85/100 with 10 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 Keppel DC REIT (KPDCF), the current PB Ratio is 1.32 as of Jun. 27, 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 Keppel DC REIT (KPDCF) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of $1.74 is trading 4.4% below its estimated GF Value™ of $1.82. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for KPDCF:

  • PB Ratio: 1.32 (10% below median its 10-year median of 1.47)
  • GF Value™: $1.82 vs. price of $1.74 (4.4% below fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 51.7% above the REITs median (#758 of 929)

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


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges AJBU:SingaporeR09:Germany
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
85GF Score

Get the complete analysis for KPDCF

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

$1.74
Price
$1.82
GF Value