KDDI (TSE:9433) PB Ratio: 2.11 (As of Jul. 14, 2026) — 12% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9433 KDDI Corp TSE:9433
74 GF Score
Price 円2,809.50
GF Value 円2,794.70
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is KDDI PB Ratio?

KDDI TSE:9433 +0.68% 74 PB Ratio is 2.11 as of Jul. 14, 2026, which is 12% above its 10-year median of 1.88. GuruFocus rates TSE:9433 with a GF Score™ of 74/100 and a GF Value™ of 円2,794.70 (Fairly Valued). The stock has 10 warning signs investors should review. Among 337 Telecommunication Services companies, KDDI ranks worse than 55.49% 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 (2026-07-14), KDDI's share price is 円2809.50. KDDI's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,333.50. Hence, KDDI's PB Ratio of today is 2.11.

Warning Sign:

KDDI Corp stock PB Ratio (=2.09) is close to 5-year high of 2.21.

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

TSE:9433' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.88   Max: 2.44
Current: 2.1

During the past 13 years, KDDI's highest PB Ratio was 2.44. The lowest was 1.35. And the median was 1.88.

TSE:9433's PB Ratio is ranked worse than
55.49% of 337 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs TSE:9433: 2.10

During the past 12 months, KDDI's average Book Value Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% 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 7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KDDI was 43.10% per year. The lowest was -5.40% per year. And the median was 9.60% per year.

Back to Basics: PB Ratio


KDDI  (TSE:9433) 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.


KDDI PB Ratio Related Terms


KDDI PB Ratio Historical Data

* Premium members only.

The historical data trend for KDDI'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.

KDDI PB Ratio Chart

KDDI Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 1.74 1.80 1.87 2.04

KDDI Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.80 1.83 1.87 1.85 2.04

TSE:9433 vs TMUS, VZ, T: PB Ratio Comparison

For the Telecom Services subindustry, KDDI'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.


KDDI PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KDDI's PB Ratio distribution charts can be found below:

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


TSE:9433
74GF Score
KDDI Corp TSE:9433
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KDDI 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2809.50/1333.5
=2.11

* 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 2.11 mean?
KDDI (TSE:9433) has a PB Ratio of 2.11 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KDDI and its competitors. This is 12% above median its historical median of 1.88. Over the past decade, KDDI's PB Ratio has ranged from 1.35 to 2.44. According to the industry distribution chart, KDDI ranks #187 out of 337 companies in the Telecommunication Services industry, placing it in the top 55.5%.
Is KDDI's PB Ratio too high?
KDDI's current PB Ratio of 2.11 is 12% above median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 2.44. The Telecommunication Services industry median PB Ratio is 1.83. KDDI's value of 2.11 is 15.3% above this industry median. Based on the distribution chart, KDDI ranks #187 out of 337 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, KDDI has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KDDI's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, KDDI ranks #187 out of 337 companies for PB Ratio. This places KDDI in the lower half of its industry. The industry median PB Ratio is 1.83. KDDI's value of 2.11 is 15.3% above this benchmark. Historically, KDDI's own PB Ratio has ranged from 1.35 to 2.44 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.83, KDDI 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.83, based on 337 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. KDDI's current PB Ratio of 2.11 is 15.3% 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 KDDI and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDDI's current PB Ratio is 2.11, which is 12% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDDI stock overvalued right now?
Based on GuruFocus' analysis, KDDI (TSE:9433) is currently considered Fairly Valued. The stock's GF Value™ is 円2,794.70, compared to a current price of 円2,809.50 — trading 0.5% above its estimated fair value. The current PB Ratio is 2.11, which is 12% above median its 10-year median of 1.88 and 15.3% above the Telecommunication Services industry median of 1.83. KDDI's overall GF Score™ is 74/100 with 10 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 KDDI (TSE:9433), the current PB Ratio is 2.11 as of Jul. 14, 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 KDDI (TSE:9433) Overvalued in 2026?

Based on GuruFocus' analysis, KDDI stock appears to be overvalued. The current stock price of 円2,809.50 is trading 0.5% above its estimated GF Value™ of 円2,794.70. GuruFocus considers KDDI to be Fairly Valued.

Key valuation signals for TSE:9433:

  • PB Ratio: 2.11 (12% above median its 10-year median of 1.88)
  • GF Value™: 円2,794.70 vs. price of 円2,809.50 (0.5% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 15.3% above the Telecommunication Services median (#187 of 337)

No single metric tells the full story. See the TSE:9433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KDDI Business Description

Address 2-3-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-8003
KDDI is Japan's second-largest wireless operator (30% market share), the largest pay-TV operator (53% market share) and the second-largest provider of fibre-to-the-home broadband (12% market share). It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service. It is also looking to grow its Life Design business which includes commerce, energy, and finance and had over 57 million Internet of Things connections by the end of March 2026.
74GF Score

Get the complete analysis for TSE:9433

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

円2,809.50
Price
円2,794.70
GF Value