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PBA Holdings BhdXKLS:5041 -0.46%77 Equity-to-Asset is 0.54 as of Jun. 2026, which is 7% below its 10-year median of 0.58. GuruFocus rates XKLS:5041 with a GF Score™ of 77/100 and a GF Value™ of RM2.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 509 Utilities - Regulated companies, PBA Holdings Bhd ranks better than 78.19% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PBA Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM1,245.3 Mil. PBA Holdings Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM2,290.6 Mil.
Therefore, PBA Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.54.
The historical rank and industry rank for PBA Holdings Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:5041'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.58 Max: 0.72
Current: 0.54
During the past 13 years, the highest Equity to Asset Ratio of PBA Holdings Bhd was 0.72. The lowest was 0.46. And the median was 0.58.
XKLS:5041's Equity-to-Asset is ranked better than 78.19% of 509
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs XKLS:5041: 0.54
PBA Holdings Bhd (XKLS:5041) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
PBA Holdings Bhd Equity-to-Asset Related Terms
PBA Holdings Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for PBA Holdings Bhd's Equity-to-Asset 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.
XKLS:5041 vs AWK, WTRG, AWR: Equity-to-Asset Comparison
For the Utilities - Regulated Water subindustry, PBA Holdings Bhd's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
PBA Holdings Bhd Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, PBA Holdings Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PBA Holdings Bhd's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
PBA Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
PBA Holdings Bhd (XKLS:5041) has a Equity-to-Asset of 0.54 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PBA Holdings Bhd and its competitors. This is near median its historical median of 0.58. Over the past decade, PBA Holdings Bhd's Equity-to-Asset has ranged from 0.46 to 0.72. According to the industry distribution chart, PBA Holdings Bhd ranks #111 out of 509 companies in the Utilities - Regulated industry, placing it in the top 21.8%.
Is PBA Holdings Bhd's Equity-to-Asset too high?
PBA Holdings Bhd's current Equity-to-Asset of 0.54 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.72. The Utilities - Regulated industry median Equity-to-Asset is 0.36. PBA Holdings Bhd's value of 0.54 is 50% above this industry median. Based on the distribution chart, PBA Holdings Bhd ranks #111 out of 509 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, PBA Holdings Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PBA Holdings Bhd's Equity-to-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, PBA Holdings Bhd ranks #111 out of 509 companies for Equity-to-Asset. This places PBA Holdings Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.36. PBA Holdings Bhd's value of 0.54 is 50% above this benchmark. Historically, PBA Holdings Bhd's own Equity-to-Asset has ranged from 0.46 to 0.72 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.36, PBA Holdings Bhd 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PBA Holdings Bhd's current Equity-to-Asset of 0.54 is 50% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PBA Holdings Bhd and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBA Holdings Bhd's current Equity-to-Asset is 0.54, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBA Holdings Bhd (XKLS:5041) is currently considered Fairly Valued. The stock's GF Value™ is RM2.26, compared to a current price of RM2.15 — trading 4.9% below its estimated fair value. The current Equity-to-Asset is 0.54, which is near median its 10-year median of 0.58 and 50% above the Utilities - Regulated industry median of 0.36. PBA Holdings Bhd's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For PBA Holdings Bhd (XKLS:5041), the current Equity-to-Asset is 0.54 as of Jun. 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 PBA Holdings Bhd (XKLS:5041) Overvalued in 2026?
Based on GuruFocus' analysis, PBA Holdings Bhd stock appears to be undervalued.
The current stock price of RM2.15 is trading 4.9% below its estimated GF Value™ of RM2.26.
GuruFocus considers PBA Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:5041:
Equity-to-Asset: 0.54 (near median its 10-year median of 0.58)
GF Value™: RM2.26 vs. price of RM2.15 (4.9% below fair value)
Industry Position: 50% above the Utilities - Regulated median (#111 of 509)
No single metric tells the full story. See the XKLS:5041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PBA Holdings Bhd is an investment holding company. Its primary business is to sustain continuous good water supply in Penang. With population growth and increasing socio-economic development, It has to employ holistic water supply management strategies. It manage both water demand and supply in a water-stressed state. The group has one reportable segment, which is the abstraction of raw water, treatment of water, supply and sale of treated water to consumers in the State of Penang. The company operated solely in Penang, Malaysia. The company through its subsidiaries is engaged in the abstraction of raw water, treatment of water, and supply and sale of treated water to consumers in the State of Penang. It operates geographically in Malaysia.
77GF Score
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