Kawasaki Heavy IndustriesKWHIF -1.33%76 PB Ratio is 2.68 as of Jun. 28, 2026, which is 160% above its 10-year median of 1.03. GuruFocus rates KWHIF with a GF Score™ of 76/100 and a GF Value™ of $9.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,982 Industrial Products companies, Kawasaki Heavy Industries ranks worse than 57.38% on this metric.
The historical rank and industry rank for Kawasaki Heavy Industries's PB Ratio or its related term are showing as below:
KWHIF'
s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.03 Max: 19.43
Current: 2.7
During the past 13 years, Kawasaki Heavy Industries's highest PB Ratio was 19.43. The lowest was 0.49. And the median was 1.03.
KWHIF's PB Ratio is ranked worse than 57.38% of 2982
companies
in the Industrial Products industry
Industry Median: 2.26
vs KWHIF: 2.70
During the past 12 months, Kawasaki Heavy Industries's average Book Value Per Share Growth Rate was 24.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kawasaki Heavy Industries was 15.10% per year. The lowest was -7.80% per year. And the median was 4.50% per year.
Back to Basics: PB Ratio
Kawasaki Heavy Industries (OTCPK:KWHIF) PB Ratio Explanation
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.
Kawasaki Heavy Industries PB Ratio Related Terms
Kawasaki Heavy Industries PB Ratio Historical Data
* 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 Specialty Industrial Machinery subindustry, Kawasaki Heavy Industries'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.
Kawasaki Heavy Industries PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kawasaki Heavy Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kawasaki Heavy Industries'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.
* 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.
Kawasaki Heavy Industries (KWHIF) has a PB Ratio of 2.68 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kawasaki Heavy Industries and its competitors. This is 160% above median its historical median of 1.03. Over the past decade, Kawasaki Heavy Industries' PB Ratio has ranged from 0.49 to 19.43. According to the industry distribution chart, Kawasaki Heavy Industries ranks #1711 out of 2982 companies in the Industrial Products industry, placing it in the top 57.4%.
Is Kawasaki Heavy Industries' PB Ratio too high?
Kawasaki Heavy Industries' current PB Ratio of 2.68 is 160% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 19.43. The Industrial Products industry median PB Ratio is 2.26. Kawasaki Heavy Industries' value of 2.68 is 18.6% above this industry median. Based on the distribution chart, Kawasaki Heavy Industries ranks #1711 out of 2982 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kawasaki Heavy Industries has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawasaki Heavy Industries' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kawasaki Heavy Industries ranks #1711 out of 2982 companies for PB Ratio. This places Kawasaki Heavy Industries in the lower half of its industry. The industry median PB Ratio is 2.26. Kawasaki Heavy Industries' value of 2.68 is 18.6% above this benchmark. Historically, Kawasaki Heavy Industries' own PB Ratio has ranged from 0.49 to 19.43 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 2.26, Kawasaki Heavy Industries 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.26, based on 2,982 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. Kawasaki Heavy Industries's current PB Ratio of 2.68 is 18.6% 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 Kawasaki Heavy Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawasaki Heavy Industries's current PB Ratio is 2.68, which is 160% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawasaki Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Kawasaki Heavy Industries (KWHIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.85, compared to a current price of $17.77 — trading 80.4% above its estimated fair value. The current PB Ratio is 2.68, which is 160% above median its 10-year median of 1.03 and 18.6% above the Industrial Products industry median of 2.26. Kawasaki Heavy Industries' overall GF Score™ is 76/100 with 3 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 Kawasaki Heavy Industries (KWHIF), the current PB Ratio is 2.68 as of Jun. 28, 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 Kawasaki Heavy Industries (KWHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Kawasaki Heavy Industries stock appears to be overvalued.
The current stock price of $17.77 is trading 80.4% above its estimated GF Value™ of $9.85.
GuruFocus considers Kawasaki Heavy Industries to be Significantly Overvalued.
Key valuation signals for KWHIF:
PB Ratio: 2.68 (160% above median its 10-year median of 1.03)
GF Value™: $9.85 vs. price of $17.77 (80.4% above fair value)
Industry Position: 18.6% above the Industrial Products median (#1711 of 2982)
No single metric tells the full story. See the KWHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawasaki Heavy Industries Ltd is a Japan-based conglomerate with operations in aerospace, marine, and vehicles. The company operates through six segments. The Aerospace Systems segment manufactures and sells aircraft, engines, and space-related equipment. The Energy Solutions & Marine segment provides energy equipment, hydrogen systems, marine propulsion, plants, ships, and crushers. The Power Sports & Engine segment produces motorcycles, off-road vehicles, personal watercraft, and general-purpose engines. The Precision Machinery and Robots segment offers hydraulic equipment and industrial robots. The Vehicle segment manufactures railway vehicles and snow removal machinery. The Other segment covers commerce mediation, sales, orders, and welfare facility management.
76GF Score
Get the complete analysis for KWHIF
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