KPELF (Keppel) PB Ratio: 1.76 (As of Jun. 25, 2026) — 159% Above Median


KPELF Keppel Ltd KPELF
69 GF Score
Price $8.21
GF Value $4.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Keppel PB Ratio?

Keppel KPELF -2.32% 69 PB Ratio is 1.76 as of Jun. 25, 2026, which is 159% above its 10-year median of 0.68. GuruFocus rates KPELF with a GF Score™ of 69/100 and a GF Value™ of $4.71 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 544 Conglomerates companies, Keppel ranks worse than 72.24% 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), Keppel's share price is $8.205. Keppel's Book Value per Share for the quarter that ended in Dec. 2025 was $4.67. Hence, Keppel's PB Ratio of today is 1.76.

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

KPELF' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.68   Max: 2.15
Current: 1.87

During the past 13 years, Keppel's highest PB Ratio was 2.15. The lowest was 0.42. And the median was 0.68.

KPELF's PB Ratio is ranked worse than
72.24% of 544 companies
in the Conglomerates industry
Industry Median: 1.045 vs KPELF: 1.87

During the past 12 months, Keppel's average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Keppel was 18.30% per year. The lowest was -3.00% per year. And the median was 6.10% per year.

Back to Basics: PB Ratio


Keppel  (OTCPK:KPELF) 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 PB Ratio Related Terms


Keppel PB Ratio Historical Data

* Premium members only.

The historical data trend for Keppel'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 PB Ratio Chart

Keppel 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 0.49 0.69 1.12 1.08 1.63

Keppel 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 1.12 1.06 1.08 1.25 1.63

KPELF vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, Keppel'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 PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keppel's PB Ratio distribution charts can be found below:

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


KPELF
69GF Score
Keppel Ltd KPELF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.205/4.672
=1.76

* 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 1.76 mean?
Keppel (KPELF) has a PB Ratio of 1.76 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 Keppel and its competitors. This is 159% above median its historical median of 0.68. Over the past decade, Keppel's PB Ratio has ranged from 0.42 to 2.15. According to the industry distribution chart, Keppel ranks #393 out of 544 companies in the Conglomerates industry, placing it in the top 72.2%.
Is Keppel's PB Ratio too high?
Keppel's current PB Ratio of 1.76 is 159% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.15. The Conglomerates industry median PB Ratio is 1.05. Keppel's value of 1.76 is 68.4% above this industry median. Based on the distribution chart, Keppel ranks #393 out of 544 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Keppel has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keppel's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Keppel ranks #393 out of 544 companies for PB Ratio. This places Keppel in the lower half of its industry. The industry median PB Ratio is 1.05. Keppel's value of 1.76 is 68.4% above this benchmark. Historically, Keppel's own PB Ratio has ranged from 0.42 to 2.15 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.05, Keppel 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 544 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's current PB Ratio of 1.76 is 68.4% 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 Keppel and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel's current PB Ratio is 1.76, which is 159% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel stock overvalued right now?
Based on GuruFocus' analysis, Keppel (KPELF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.71, compared to a current price of $8.21 — trading 74.2% above its estimated fair value. The current PB Ratio is 1.76, which is 159% above median its 10-year median of 0.68 and 68.4% above the Conglomerates industry median of 1.05. Keppel's overall GF Score™ is 69/100 with 6 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 (KPELF), the current PB Ratio is 1.76 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 Keppel (KPELF) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel stock appears to be overvalued. The current stock price of $8.21 is trading 74.2% above its estimated GF Value™ of $4.71. GuruFocus considers Keppel to be Significantly Overvalued.

Key valuation signals for KPELF:

  • PB Ratio: 1.76 (159% above median its 10-year median of 0.68)
  • GF Value™: $4.71 vs. price of $8.21 (74.2% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 68.4% above the Conglomerates median (#393 of 544)

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


Keppel Business Description

Address 1 HarbourFront Avenue, No 18-01, Keppel Bay Tower, Singapore, SGP, 098632
Singapore-based Keppel is an alternative asset manager and operator with SGD 95 billion of funds under management as of the end of December 2025. The group's key segments are infrastructure, real estate, and connectivity (including telecommunication services and operation of data centers). Most of its earnings are derived from its infrastructure segment, where it invests and operates in a portfolio of infrastructure assets. The group also has a fund management platform comprising listed and unlisted investment trusts that generates recurring fee income.
69GF Score

Get the complete analysis for KPELF

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

$8.21
Price
$4.71
GF Value