Kilroy RealtyKRC +0.23%66 PB Ratio is 0.85 as of Jul. 09, 2026, which is 40% below its 10-year median of 1.41. GuruFocus rates KRC with a GF Score™ of 66/100 and a GF Value™ of $34.31 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 927 REITs companies, Kilroy Realty ranks better than 51.89% 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 (2026-07-09), Kilroy Realty's share price is $38.43. Kilroy Realty's Book Value per Share for the quarter that ended in Mar. 2026 was $45.28. Hence, Kilroy Realty's PB Ratio of today is 0.85.
The historical rank and industry rank for Kilroy Realty's PB Ratio or its related term are showing as below:
KRC'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.41 Max: 2.18
Current: 0.85
During the past 13 years, Kilroy Realty's highest PB Ratio was 2.18. The lowest was 0.58. And the median was 1.41.
KRC's PB Ratio is ranked better than 51.89% of 927
companies
in the REITs industry
Industry Median: 0.86
vs KRC: 0.85
During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kilroy Realty was 16.20% per year. The lowest was -2.50% per year. And the median was 3.15% 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.
Kilroy Realty PB Ratio Related Terms
Kilroy Realty PB Ratio Historical Data
* Premium members only.
The historical data trend for Kilroy Realty'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 REIT - Office subindustry, Kilroy Realty'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.
Kilroy Realty PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Kilroy Realty's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kilroy Realty'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.
Kilroy Realty'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.
Kilroy Realty (KRC) has a PB Ratio of 0.85 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kilroy Realty and its competitors. This is 40% below median its historical median of 1.41. Over the past decade, Kilroy Realty's PB Ratio has ranged from 0.58 to 2.18. According to the industry distribution chart, Kilroy Realty ranks #446 out of 927 companies in the REITs industry, placing it in the top 48.1%.
Is Kilroy Realty's PB Ratio too high?
Kilroy Realty's current PB Ratio of 0.85 is 40% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.18. The REITs industry median PB Ratio is 0.86. Kilroy Realty's value of 0.85 is 1.2% below this industry median. Based on the distribution chart, Kilroy Realty ranks #446 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Kilroy Realty has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kilroy Realty's PB Ratio compare to CDP and CUZ?
According to the REITs industry distribution chart, Kilroy Realty ranks #446 out of 927 companies for PB Ratio. This puts Kilroy Realty in the upper half of its industry. The industry median PB Ratio is 0.86. Kilroy Realty's value of 0.85 is 1.2% below this benchmark. Historically, Kilroy Realty's own PB Ratio has ranged from 0.58 to 2.18 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.86, Kilroy Realty has consistently been below 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 0.86, based on 927 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. Kilroy Realty's current PB Ratio of 0.85 is 1.2% below 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 Kilroy Realty and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kilroy Realty's current PB Ratio is 0.85, which is 40% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kilroy Realty stock overvalued right now?
Based on GuruFocus' analysis, Kilroy Realty (KRC) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.31, compared to a current price of $38.43 — trading 12% above its estimated fair value. The current PB Ratio is 0.85, which is 40% below median its 10-year median of 1.41 and 1.2% below the REITs industry median of 0.86. Kilroy Realty's overall GF Score™ is 66/100 with 7 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 Kilroy Realty (KRC), the current PB Ratio is 0.85 as of Jul. 09, 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 Kilroy Realty (KRC) Overvalued in 2026?
Based on GuruFocus' analysis, Kilroy Realty stock appears to be overvalued.
The current stock price of $38.43 is trading 12% above its estimated GF Value™ of $34.31.
GuruFocus considers Kilroy Realty to be Modestly Overvalued.
Key valuation signals for KRC:
PB Ratio: 0.85 (40% below median its 10-year median of 1.41)
GF Value™: $34.31 vs. price of $38.43 (12% above fair value)
Industry Position: 1.2% below the REITs median (#446 of 927)
No single metric tells the full story. See the KRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kilroy Realty is a premier owner and landlord of approximately 16.3 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, Austin, Texas, and greater Seattle. The company operates as a real estate investment trust.
66GF Score
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