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.
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.
Kobe SteelKBSTF +2.67%72 Price-to-Tangible-Book is 0.66 as of Sep. 08, 2026. GuruFocus rates KBSTF with a GF Score™ of 72/100 and a GF Value™ of $10.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 599 Steel companies, Kobe Steel ranks better than 68.61% on this metric.
As of today (2026-09-08), Kobe Steel's share price is $12.68. Kobe Steel's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was $19.18. Hence, Kobe Steel's Price to Tangible Book Ratio of today is 0.66.
The historical rank and industry rank for Kobe Steel's Price-to-Tangible-Book or its related term are showing as below:
KBSTF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 0.51 Max: 0.8
Current: 0.67
During the past 13 years, Kobe Steel's highest Price to Tangible Book Ratio was 0.80. The lowest was 0.19. And the median was 0.51.
KBSTF's Price-to-Tangible-Book is ranked better than 68.61% of 599
companies
in the Steel industry
Industry Median: 1.03
vs KBSTF: 0.67
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Kobe Steel Price-to-Tangible-Book Related Terms
Kobe Steel Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Kobe Steel's Price-to-Tangible-Book 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.
KBSTF vs NUE, STLD, RS: Price-to-Tangible-Book Comparison
For the Steel subindustry, Kobe Steel's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Kobe Steel Price-to-Tangible-Book vs Steel Industry
For the Steel industry and Basic Materials sector, Kobe Steel's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Kobe Steel's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Kobe Steel (KBSTF) has a Price-to-Tangible-Book of 0.66 as of Sep. 08, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Kobe Steel and its competitors. According to the industry distribution chart, Kobe Steel ranks #188 out of 599 companies in the Steel industry, placing it in the top 31.4%.
Is Kobe Steel's Price-to-Tangible-Book too high?
Kobe Steel's current Price-to-Tangible-Book is 0.66. The Steel industry median Price-to-Tangible-Book is 1.03. Kobe Steel's value of 0.66 is 35.9% below this industry median. Based on the distribution chart, Kobe Steel ranks #188 out of 599 companies in the Steel industry, which is above the industry midpoint. Overall, Kobe Steel has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobe Steel's Price-to-Tangible-Book compare to NUE and STLD?
According to the Steel industry distribution chart, Kobe Steel ranks #188 out of 599 companies for Price-to-Tangible-Book. This puts Kobe Steel in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.03. Kobe Steel's value of 0.66 is 35.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Steel company?
The median Price-to-Tangible-Book among Steel companies is 1.03, based on 599 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kobe Steel's current Price-to-Tangible-Book of 0.66 is 35.9% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Kobe Steel and its competitors. For the Steel industry, the median Price-to-Tangible-Book is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobe Steel's current Price-to-Tangible-Book is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobe Steel stock overvalued right now?
Based on GuruFocus' analysis, Kobe Steel (KBSTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.74, compared to a current price of $12.68 — trading 18.1% above its estimated fair value. The current Price-to-Tangible-Book is 0.66 and 35.9% below the Steel industry median of 1.03. Kobe Steel's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Kobe Steel (KBSTF), the current Price-to-Tangible-Book is 0.66 as of Sep. 08, 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 Kobe Steel (KBSTF) Overvalued in 2026?
Based on GuruFocus' analysis, Kobe Steel stock appears to be overvalued.
The current stock price of $12.68 is trading 18.1% above its estimated GF Value™ of $10.74.
GuruFocus considers Kobe Steel to be Modestly Overvalued.
Key valuation signals for KBSTF:
Price-to-Tangible-Book: 0.66
GF Value™: $10.74 vs. price of $12.68 (18.1% above fair value)
Industry Position: 35.9% below the Steel median (#188 of 599)
No single metric tells the full story. See the KBSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobe Steel Ltd engages in the manufacture, production, and sale of iron and steel. The company operates through seven segments. The Construction Machinery segment offers excavators, cranes, loaders, and workboats. Electric Power supplies electricity through group companies. Engineering handles plants for steel, petrochemicals, nuclear, water, and waste treatment, along with civil engineering and transport systems. Machinery provides compressors, engines, refrigeration, heat pumps, chemical and rubber machinery, and specialty materials. Materials include steel, aluminum, titanium, copper, and forged products. Steel & Aluminum delivers rolled products, plates, wires, and special steels, while Welding covers electrodes, flux, robots, power sources, and related services.
72GF Score
Get the complete analysis for KBSTF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KBSTF has been successfully added to your 
