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Kcell JSCXKAZ:KCEL +0.22%57 PB Ratio is 3.23 as of Jul. 30, 2026, which is 11% below its 10-year median of 3.64. GuruFocus rates XKAZ:KCEL with a GF Score™ of 57/100 and a GF Value™ of ₸3,652.09 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 339 Telecommunication Services companies, Kcell JSC ranks worse than 73.45% 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 (2026-07-30), Kcell JSC's share price is ₸3235.98. Kcell JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₸1,000.39. Hence, Kcell JSC's PB Ratio of today is 3.23.
The historical rank and industry rank for Kcell JSC's PB Ratio or its related term are showing as below:
XKAZ:KCEL'
s PB Ratio Range Over the Past 10 Years
Min: 1.8 Med: 3.64 Max: 7.81
Current: 3.24
During the past 13 years, Kcell JSC's highest PB Ratio was 7.81. The lowest was 1.80. And the median was 3.64.
XKAZ:KCEL's PB Ratio is ranked worse than 73.45% of 339
companies
in the Telecommunication Services industry
Industry Median: 1.79
vs XKAZ:KCEL: 3.24
During the past 12 months, Kcell JSC'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 12.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kcell JSC was 27.80% per year. The lowest was -12.30% per year. And the median was 3.45% 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.
Kcell JSC PB Ratio Related Terms
Kcell JSC PB Ratio Historical Data
* Premium members only.
The historical data trend for Kcell JSC'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 Telecom Services subindustry, Kcell JSC'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.
Kcell JSC PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Kcell JSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kcell JSC'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.
Kcell JSC'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.
Kcell JSC (XKAZ:KCEL) has a PB Ratio of 3.23 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kcell JSC and its competitors. This is 11% below median its historical median of 3.64. Over the past decade, Kcell JSC's PB Ratio has ranged from 1.80 to 7.81. According to the industry distribution chart, Kcell JSC ranks #249 out of 339 companies in the Telecommunication Services industry, placing it in the top 73.5%.
Is Kcell JSC's PB Ratio too high?
Kcell JSC's current PB Ratio of 3.23 is 11% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 7.81. The Telecommunication Services industry median PB Ratio is 1.79. Kcell JSC's value of 3.23 is 80.4% above this industry median. Based on the distribution chart, Kcell JSC ranks #249 out of 339 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Kcell JSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kcell JSC's PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Kcell JSC ranks #249 out of 339 companies for PB Ratio. This places Kcell JSC in the lower half of its industry. The industry median PB Ratio is 1.79. Kcell JSC's value of 3.23 is 80.4% above this benchmark. Historically, Kcell JSC's own PB Ratio has ranged from 1.80 to 7.81 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 1.79, Kcell JSC 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 1.79, based on 339 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. Kcell JSC's current PB Ratio of 3.23 is 80.4% 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 Kcell JSC and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kcell JSC's current PB Ratio is 3.23, which is 11% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kcell JSC stock overvalued right now?
Based on GuruFocus' analysis, Kcell JSC (XKAZ:KCEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₸3,652.09, compared to a current price of ₸3,235.98 — trading 11.4% below its estimated fair value. The current PB Ratio is 3.23, which is 11% below median its 10-year median of 3.64 and 80.4% above the Telecommunication Services industry median of 1.79. Kcell JSC's overall GF Score™ is 57/100 with 9 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 Kcell JSC (XKAZ:KCEL), the current PB Ratio is 3.23 as of Jul. 30, 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 Kcell JSC (XKAZ:KCEL) Overvalued in 2026?
Based on GuruFocus' analysis, Kcell JSC stock appears to be undervalued.
The current stock price of ₸3,235.98 is trading 11.4% below its estimated GF Value™ of ₸3,652.09.
GuruFocus considers Kcell JSC to be Modestly Undervalued.
Key valuation signals for XKAZ:KCEL:
PB Ratio: 3.23 (11% below median its 10-year median of 3.64)
GF Value™: ₸3,652.09 vs. price of ₸3,235.98 (11.4% below fair value)
Industry Position: 80.4% above the Telecommunication Services median (#249 of 339)
No single metric tells the full story. See the XKAZ:KCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kcell JSC is a Kazakhstan-based company. It is engaged in providing mobile telecommunications services to both individuals and organizations including voice, SMS, MMS and data transmission. It offers Internet access and value-added services, including mobile content. The company is involved in designing, constructing and operating a cellular telecommunications network in the Republic of Kazakhstan using GSM (Global System for Mobile Communications) standard. It operates its business through Kcell which targets the mass market, corporate subscribers, public organizations as well as high-net-worth individuals. The company generates revenue from the sale of voice and other services, data service, handsets, and value-added services.
57GF Score
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