KBC Ancora (FRA:KB9) PS Ratio: 19.70 (As of Jul. 03, 2026) — 83% Above Median


FRA:KB9 KBC Ancora SA FRA:KB9
70 GF Score
Price €81.70
GF Value €56.33
Valuation Significantly Overvalued
! 8 Warning Signs
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What is KBC Ancora PS Ratio?

KBC Ancora FRA:KB9 +1.11% 70 PS Ratio is 19.70 as of Jul. 03, 2026, which is 83% above its 10-year median of 10.77. GuruFocus rates FRA:KB9 with a GF Score™ of 70/100 and a GF Value™ of €56.33 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,405 Asset Management companies, KBC Ancora ranks worse than 79.07% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, KBC Ancora's share price is €81.70. KBC Ancora's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €4.15. Hence, KBC Ancora's PS Ratio for today is 19.70.

Warning Sign:

KBC Ancora SA stock PS Ratio (=19.56) is close to 5-year high of 19.75.

The historical rank and industry rank for KBC Ancora's PS Ratio or its related term are showing as below:

FRA:KB9' s PS Ratio Range Over the Past 10 Years
Min: 3.13   Med: 10.77   Max: 48.83
Current: 20.07

During the past 13 years, KBC Ancora's highest PS Ratio was 48.83. The lowest was 3.13. And the median was 10.77.

FRA:KB9's PS Ratio is ranked worse than
79.07% of 1405 companies
in the Asset Management industry
Industry Median: 7.29 vs FRA:KB9: 20.07

KBC Ancora's Revenue per Sharefor the six months ended in Dec. 2025 was €0.99. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €4.15.

Warning Sign:

KBC Ancora SA revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of KBC Ancora was -14.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -26.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 19.30% per year.

During the past 13 years, KBC Ancora's highest 3-Year average Revenue per Share Growth Rate was 209.00% per year. The lowest was -57.90% per year. And the median was 34.70% per year.

Back to Basics: PS Ratio


KBC Ancora  (FRA:KB9) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


KBC Ancora PS Ratio Related Terms


KBC Ancora PS Ratio Historical Data

* Premium members only.

The historical data trend for KBC Ancora's PS 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.

KBC Ancora PS Ratio Chart

KBC Ancora Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.30 3.39 10.68 9.02 14.12

KBC Ancora Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PS 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 0.00 9.02 0.00 14.12 0.00

FRA:KB9 vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, KBC Ancora's PS Ratio, along with its competitors' market caps and PS 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.


KBC Ancora PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, KBC Ancora's PS Ratio distribution charts can be found below:

* The bar in red indicates where KBC Ancora's PS Ratio falls into.


FRA:KB9
70GF Score
KBC Ancora SA FRA:KB9
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KBC Ancora PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

KBC Ancora's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=81.70/4.147
=19.70

KBC Ancora's Share Price of today is €81.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KBC Ancora's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €4.15.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 19.70 mean?
KBC Ancora (FRA:KB9) has a PS Ratio of 19.70 as of Jul. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on KBC Ancora and its competitors. This is 83% above median its historical median of 10.77. Over the past decade, KBC Ancora's PS Ratio has ranged from 3.13 to 48.83. According to the industry distribution chart, KBC Ancora ranks #1111 out of 1405 companies in the Asset Management industry, placing it in the top 79.1%.
Is KBC Ancora's PS Ratio too high?
KBC Ancora's current PS Ratio of 19.70 is 83% above median its 10-year median of 10.77. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 48.83. The Asset Management industry median PS Ratio is 7.29. KBC Ancora's value of 19.70 is 170.2% above this industry median. Based on the distribution chart, KBC Ancora ranks #1111 out of 1405 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, KBC Ancora has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KBC Ancora's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, KBC Ancora ranks #1111 out of 1405 companies for PS Ratio. This places KBC Ancora in the lower half of its industry. The industry median PS Ratio is 7.29. KBC Ancora's value of 19.70 is 170.2% above this benchmark. Historically, KBC Ancora's own PS Ratio has ranged from 3.13 to 48.83 over the past decade. While the company's 10-year median is 10.77 vs. the industry median of 7.29, KBC Ancora 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 PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.29, based on 1,405 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KBC Ancora's current PS Ratio of 19.70 is 170.2% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on KBC Ancora and its competitors. For the Asset Management industry, the median PS Ratio is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBC Ancora's current PS Ratio is 19.70, which is 83% above median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBC Ancora stock overvalued right now?
Based on GuruFocus' analysis, KBC Ancora (FRA:KB9) is currently considered Significantly Overvalued. The stock's GF Value™ is €56.33, compared to a current price of €81.70 — trading 45% above its estimated fair value. The current PS Ratio is 19.70, which is 83% above median its 10-year median of 10.77 and 170.2% above the Asset Management industry median of 7.29. KBC Ancora's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For KBC Ancora (FRA:KB9), the current PS Ratio is 19.70 as of Jul. 03, 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 KBC Ancora (FRA:KB9) Overvalued in 2026?

Based on GuruFocus' analysis, KBC Ancora stock appears to be overvalued. The current stock price of €81.70 is trading 45% above its estimated GF Value™ of €56.33. GuruFocus considers KBC Ancora to be Significantly Overvalued.

Key valuation signals for FRA:KB9:

  • PS Ratio: 19.70 (83% above median its 10-year median of 10.77)
  • GF Value™: €56.33 vs. price of €81.70 (45% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 170.2% above the Asset Management median (#1111 of 1405)

No single metric tells the full story. See the FRA:KB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KBC Ancora Business Description

Address Muntstraat 1, Leuven, BEL, 3000
KBC Ancora SA is a financial services holding company whose sole asset is a substantial participating interest in KBC Group. Its operational activities are fairly limited. The group engages in retail banking, insurance, and asset management services, deriving the vast majority of its profits from activities in Belgium. Other profit-driving markets include the Czech Republic, Bulgaria, and Ireland. Revenue is reported through net interest income, insurance premiums, and fees and commissions, reflecting a diverse range of services.
70GF Score

Get the complete analysis for FRA:KB9

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

€81.70
Price
€56.33
GF Value