Kernel HoldingUKEX:KER 64 PB Ratio is 0.57 as of Jul. 09, 2026, which is 16% below its 10-year median of 0.68. GuruFocus rates UKEX:KER with a GF Score™ of 64/100 and a GF Value™ of ₴132.20. The stock has 1 warning sign investors should review. Among 306 Retail - Defensive companies, Kernel Holding ranks better than 80.07% 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), Kernel Holding's share price is ₴195.00. Kernel Holding's Book Value per Share for the quarter that ended in Mar. 2026 was ₴340.35. Hence, Kernel Holding's PB Ratio of today is 0.57.
The historical rank and industry rank for Kernel Holding's PB Ratio or its related term are showing as below:
UKEX:KER'
s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.68 Max: 1.56
Current: 0.68
During the past 13 years, Kernel Holding's highest PB Ratio was 1.56. The lowest was 0.08. And the median was 0.68.
UKEX:KER's PB Ratio is ranked better than 80.07% of 306
companies
in the Retail - Defensive industry
Industry Median: 1.685
vs UKEX:KER: 0.68
During the past 12 months, Kernel Holding's average Book Value Per Share Growth Rate was 9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -31.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -21.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kernel Holding was 129.90% per year. The lowest was -35.00% per year. And the median was 9.15% 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.
Kernel Holding PB Ratio Related Terms
Kernel Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for Kernel Holding'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 Food Distribution subindustry, Kernel Holding'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.
Kernel Holding PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kernel Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kernel Holding'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.
Kernel Holding'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.
Kernel Holding (UKEX:KER) has a PB Ratio of 0.57 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 Kernel Holding and its competitors. This is 16% below median its historical median of 0.68. Over the past decade, Kernel Holding's PB Ratio has ranged from 0.08 to 1.56. According to the industry distribution chart, Kernel Holding ranks #61 out of 306 companies in the Retail - Defensive industry, placing it in the top 19.9%.
Is Kernel Holding's PB Ratio too high?
Kernel Holding's current PB Ratio of 0.57 is 16% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.56. The Retail - Defensive industry median PB Ratio is 1.69. Kernel Holding's value of 0.57 is 66.2% below this industry median. Based on the distribution chart, Kernel Holding ranks #61 out of 306 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Kernel Holding has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Kernel Holding's PB Ratio compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Kernel Holding ranks #61 out of 306 companies for PB Ratio. This places Kernel Holding in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.69. Kernel Holding's value of 0.57 is 66.2% below this benchmark. Historically, Kernel Holding's own PB Ratio has ranged from 0.08 to 1.56 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.69, Kernel Holding 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.69, based on 306 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. Kernel Holding's current PB Ratio of 0.57 is 66.2% 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 Kernel Holding and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kernel Holding's current PB Ratio is 0.57, which is 16% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernel Holding stock overvalued right now?
Kernel Holding (UKEX:KER) has a current PB Ratio of 0.57. The stock's GF Value™ is ₴132.20, compared to a current price of ₴195.00 — trading 47.5% above its estimated fair value. The current PB Ratio is 0.57, which is 16% below median its 10-year median of 0.68 and 66.2% below the Retail - Defensive industry median of 1.69. Kernel Holding's overall GF Score™ is 64/100 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 Kernel Holding (UKEX:KER), the current PB Ratio is 0.57 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 Kernel Holding (UKEX:KER) Overvalued in 2026?
Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued.
The current stock price of ₴195.00 is trading 47.5% above its estimated GF Value™ of ₴132.20.
Key valuation signals for UKEX:KER:
PB Ratio: 0.57 (16% below median its 10-year median of 0.68)
GF Value™: ₴132.20 vs. price of ₴195.00 (47.5% above fair value)
Industry Position: 66.2% below the Retail - Defensive median (#61 of 306)
No single metric tells the full story. See the UKEX:KER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.
64GF Score
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