Keystone Law Group (LSE:KEYS) PB Ratio: 8.16 (As of Jul. 21, 2026) — 17% Below Median

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LSE:KEYS Keystone Law Group PLC LSE:KEYS
94 GF Score
Price £5.33
GF Value £7.19
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Keystone Law Group PB Ratio?

Keystone Law Group LSE:KEYS 94 PB Ratio is 8.16 as of Jul. 21, 2026, which is 17% below its 10-year median of 9.80. GuruFocus rates LSE:KEYS with a GF Score™ of 94/100 and a GF Value™ of £7.19 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,047 Business Services companies, Keystone Law Group ranks worse than 94.36% 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 (2026-07-21), Keystone Law Group's share price is £5.33. Keystone Law Group's Book Value per Share for the quarter that ended in Jan. 2026 was £0.65. Hence, Keystone Law Group's PB Ratio of today is 8.16.

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

LSE:KEYS' s PB Ratio Range Over the Past 10 Years
Min: 5.64   Med: 9.8   Max: 51.49
Current: 8.16

During the past 12 years, Keystone Law Group's highest PB Ratio was 51.49. The lowest was 5.64. And the median was 9.80.

LSE:KEYS's PB Ratio is ranked worse than
94.36% of 1047 companies
in the Business Services industry
Industry Median: 1.64 vs LSE:KEYS: 8.16

During the past 12 months, Keystone Law Group's average Book Value Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 30.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Keystone Law Group was 637.40% per year. The lowest was 0.50% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio


Keystone Law Group  (LSE:KEYS) 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.


Keystone Law Group PB Ratio Related Terms


Keystone Law Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Keystone Law 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.

Keystone Law Group PB Ratio Chart

Keystone Law Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.32 7.60 10.17 8.29 9.74

Keystone Law Group Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 10.17 11.96 8.29 11.70 9.74

LSE:KEYS vs CTAS, CPRT, ULS: PB Ratio Comparison

For the Specialty Business Services subindustry, Keystone Law 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.


Keystone Law Group PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Keystone Law Group's PB Ratio distribution charts can be found below:

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


LSE:KEYS
94GF Score
Keystone Law Group PLC LSE:KEYS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keystone Law 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=5.33/0.653
=8.16

* 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 8.16 mean?
Keystone Law Group (LSE:KEYS) has a PB Ratio of 8.16 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Keystone Law Group and its competitors. This is 17% below median its historical median of 9.80. Over the past decade, Keystone Law Group's PB Ratio has ranged from 5.64 to 51.49. According to the industry distribution chart, Keystone Law Group ranks #988 out of 1047 companies in the Business Services industry, placing it in the top 94.4%.
Is Keystone Law Group's PB Ratio too high?
Keystone Law Group's current PB Ratio of 8.16 is 17% below median its 10-year median of 9.80. Over the past 10 years, this metric has ranged from a low of 5.64 to a high of 51.49. The Business Services industry median PB Ratio is 1.64. Keystone Law Group's value of 8.16 is 397.6% above this industry median. Based on the distribution chart, Keystone Law Group ranks #988 out of 1047 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Keystone Law Group has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keystone Law Group's PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Keystone Law Group ranks #988 out of 1047 companies for PB Ratio. This places Keystone Law Group in the lower half of its industry. The industry median PB Ratio is 1.64. Keystone Law Group's value of 8.16 is 397.6% above this benchmark. Historically, Keystone Law Group's own PB Ratio has ranged from 5.64 to 51.49 over the past decade. While the company's 10-year median is 9.80 vs. the industry median of 1.64, Keystone Law 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 Business Services company?
The median PB Ratio among Business Services companies is 1.64, based on 1,047 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. Keystone Law Group's current PB Ratio of 8.16 is 397.6% 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 Keystone Law Group and its competitors. For the Business Services industry, the median PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Law Group's current PB Ratio is 8.16, which is 17% below median its own 10-year median of 9.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Law Group stock overvalued right now?
Based on GuruFocus' analysis, Keystone Law Group (LSE:KEYS) is currently considered Modestly Undervalued. The stock's GF Value™ is £7.19, compared to a current price of £5.33 — trading 25.9% below its estimated fair value. The current PB Ratio is 8.16, which is 17% below median its 10-year median of 9.80 and 397.6% above the Business Services industry median of 1.64. Keystone Law Group's overall GF Score™ is 94/100 with 1 warning sign 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 Keystone Law Group (LSE:KEYS), the current PB Ratio is 8.16 as of Jul. 21, 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 Keystone Law Group (LSE:KEYS) Overvalued in 2026?

Based on GuruFocus' analysis, Keystone Law Group stock appears to be undervalued. The current stock price of £5.33 is trading 25.9% below its estimated GF Value™ of £7.19. GuruFocus considers Keystone Law Group to be Modestly Undervalued.

Key valuation signals for LSE:KEYS:

  • PB Ratio: 8.16 (17% below median its 10-year median of 9.80)
  • GF Value™: £7.19 vs. price of £5.33 (25.9% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 397.6% above the Business Services median (#988 of 1047)

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


Keystone Law Group Business Description

Address 48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, private client, and others. It derives revenue from rendering of services and other revenue. The company serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.
94GF Score

Get the complete analysis for LSE:KEYS

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

£5.33
Price
£7.19
GF Value