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.
PLB Engineering BhdXKLS:7055 46 Net Current Asset Value is RM-0.54 as of Feb. 2026. GuruFocus rates XKLS:7055 with a GF Score™ of 46/100 and a GF Value™ of RM1.14 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,058 Construction companies, PLB Engineering Bhd ranks worse than 94517.86% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
PLB Engineering Bhd's net current asset value per share for the quarter that ended in Feb. 2026 was RM-0.54.
The historical rank and industry rank for PLB Engineering Bhd's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PLB Engineering Bhd was 40.80. The lowest was 4.53. And the median was 11.11.
XKLS:7055's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 3.2 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PLB Engineering Bhd (XKLS:7055) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
PLB Engineering Bhd Net Current Asset Value Related Terms
PLB Engineering Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PLB Engineering Bhd's Net Current Asset Value 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:7055 vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, PLB Engineering Bhd's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
PLB Engineering Bhd Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, PLB Engineering Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PLB Engineering Bhd's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of RM-0.54 mean?
PLB Engineering Bhd (XKLS:7055) has a Net Current Asset Value of RM-0.54 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PLB Engineering Bhd and its competitors. Over the past decade, PLB Engineering Bhd's Net Current Asset Value has ranged from 4.53 to 40.80. According to the industry distribution chart, PLB Engineering Bhd ranks #999999 out of 1058 companies in the Construction industry.
Is PLB Engineering Bhd's Net Current Asset Value too high?
PLB Engineering Bhd's current Net Current Asset Value is RM-0.54. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 40.80. Based on the distribution chart, PLB Engineering Bhd ranks #999999 out of 1058 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PLB Engineering Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PLB Engineering Bhd's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, PLB Engineering Bhd ranks #999999 out of 1058 companies for Net Current Asset Value. This places PLB Engineering Bhd in the lower half of its industry. The industry median Net Current Asset Value is 3.20. Historically, PLB Engineering Bhd's own Net Current Asset Value has ranged from 4.53 to 40.80 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Construction company?
The median Net Current Asset Value among Construction companies is 3.20, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PLB Engineering Bhd and its competitors. For the Construction industry, the median Net Current Asset Value is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PLB Engineering Bhd's current Net Current Asset Value is RM-0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PLB Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, PLB Engineering Bhd (XKLS:7055) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.14, compared to a current price of RM0.80 — trading 29.8% below its estimated fair value. The current Net Current Asset Value is RM-0.54. PLB Engineering Bhd's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For PLB Engineering Bhd (XKLS:7055), the current Net Current Asset Value is RM-0.54 as of Feb. 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 PLB Engineering Bhd (XKLS:7055) Overvalued in 2026?
Based on GuruFocus' analysis, PLB Engineering Bhd stock appears to be undervalued.
The current stock price of RM0.80 is trading 29.8% below its estimated GF Value™ of RM1.14.
GuruFocus considers PLB Engineering Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7055:
Net Current Asset Value: RM-0.54
GF Value™: RM1.14 vs. price of RM0.80 (29.8% below fair value)
No single metric tells the full story. See the XKLS:7055 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PLB Engineering Bhd is a Malaysia-based firm engaged in property development, construction, and related services. The company operates in four segments: Construction, which involves the construction of industrial, residential, and commercial buildings and renovation work; Property development, which comprises housing and property development; Investment holding, which includes investment holding and property letting; and the Solar energy segment, which comprises the generation of electricity from the solar plant. The majority of its revenue comes from the Construction Segment.
46GF Score
Get the complete analysis for XKLS:7055
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7055 has been successfully added to your 
