Kering (LTS:0IIH) PB Ratio: 2.22 (As of Jun. 25, 2026) — 48% Below Median


LTS:0IIH Kering SA LTS:0IIH
76 GF Score
Price €265.90
GF Value €261.45
Valuation Fairly Valued
! 8 Warning Signs
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What is Kering PB Ratio?

Kering LTS:0IIH +0.69% 76 PB Ratio is 2.22 as of Jun. 25, 2026, which is 48% below its 10-year median of 4.28. GuruFocus rates LTS:0IIH with a GF Score™ of 76/100 and a GF Value™ of €261.45 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,077 Retail - Cyclical companies, Kering ranks worse than 66.57% 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), Kering's share price is €265.90. Kering's Book Value per Share for the quarter that ended in Dec. 2025 was €119.93. Hence, Kering's PB Ratio of today is 2.22.

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

LTS:0IIH' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 4.28   Max: 8.34
Current: 2.23

During the past 13 years, Kering's highest PB Ratio was 8.34. The lowest was 1.35. And the median was 4.28.

LTS:0IIH's PB Ratio is ranked worse than
66.57% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 1.44 vs LTS:0IIH: 2.23

During the past 12 months, Kering's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kering was 17.60% per year. The lowest was -3.20% per year. And the median was 4.05% per year.

Back to Basics: PB Ratio


Kering  (LTS:0IIH) 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.


Kering PB Ratio Related Terms


Kering PB Ratio Historical Data

* Premium members only.

The historical data trend for Kering'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.

Kering PB Ratio Chart

Kering 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 6.56 4.18 3.23 1.97 2.51

Kering 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 3.23 2.77 1.97 1.54 2.51

LTS:0IIH vs TPR, SIG: PB Ratio Comparison

For the Luxury Goods subindustry, Kering'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.


Kering PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kering's PB Ratio distribution charts can be found below:

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


LTS:0IIH
76GF Score
Kering SA LTS:0IIH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kering 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=265.90/119.931
=2.22

* 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 2.22 mean?
Kering (LTS:0IIH) has a PB Ratio of 2.22 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 Kering and its competitors. This is 48% below median its historical median of 4.28. Over the past decade, Kering's PB Ratio has ranged from 1.35 to 8.34. According to the industry distribution chart, Kering ranks #717 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 66.6%.
Is Kering's PB Ratio too high?
Kering's current PB Ratio of 2.22 is 48% below median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 8.34. The Retail - Cyclical industry median PB Ratio is 1.44. Kering's value of 2.22 is 54.2% above this industry median. Based on the distribution chart, Kering ranks #717 out of 1077 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Kering has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kering's PB Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Kering ranks #717 out of 1077 companies for PB Ratio. This places Kering in the lower half of its industry. The industry median PB Ratio is 1.44. Kering's value of 2.22 is 54.2% above this benchmark. Historically, Kering's own PB Ratio has ranged from 1.35 to 8.34 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 1.44, Kering 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,077 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. Kering's current PB Ratio of 2.22 is 54.2% 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 Kering and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kering's current PB Ratio is 2.22, which is 48% below median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kering stock overvalued right now?
Based on GuruFocus' analysis, Kering (LTS:0IIH) is currently considered Fairly Valued. The stock's GF Value™ is €261.45, compared to a current price of €265.90 — trading 1.7% above its estimated fair value. The current PB Ratio is 2.22, which is 48% below median its 10-year median of 4.28 and 54.2% above the Retail - Cyclical industry median of 1.44. Kering's overall GF Score™ is 76/100 with 8 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 Kering (LTS:0IIH), the current PB Ratio is 2.22 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 Kering (LTS:0IIH) Overvalued in 2026?

Based on GuruFocus' analysis, Kering stock appears to be overvalued. The current stock price of €265.90 is trading 1.7% above its estimated GF Value™ of €261.45. GuruFocus considers Kering to be Fairly Valued.

Key valuation signals for LTS:0IIH:

  • PB Ratio: 2.22 (48% below median its 10-year median of 4.28)
  • GF Value™: €261.45 vs. price of €265.90 (1.7% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 54.2% above the Retail - Cyclical median (#717 of 1077)

No single metric tells the full story. See the LTS:0IIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kering Business Description

Address 40, Rue de Sevres, Paris, FRA, 75007
Kering is the world's third-largest luxury goods conglomerate by revenue after LVMH and Richemont. Its flagship brand is Gucci, which accounts for over 40% of revenue and over 50% of operating profit. Its other leading brands include Bottega Veneta and Saint Laurent. McQueen, Balenciaga, and Boucheron are also part of Kering's portfolio.
76GF Score

Get the complete analysis for LTS:0IIH

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

€265.90
Price
€261.45
GF Value