AppAsia BhdXKLS:0119 40 PB Ratio is 3.79 as of Jul. 13, 2026, which is 8% below its 10-year median of 4.13. GuruFocus rates XKLS:0119 with a GF Score™ of 40/100 and a GF Value™ of RM0.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,631 Software companies, AppAsia Bhd ranks worse than 67.84% 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 (2026-07-13), AppAsia Bhd's share price is RM0.11. AppAsia Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.03. Hence, AppAsia Bhd's PB Ratio of today is 3.79.
Warning Sign:
AppAsia Bhd stock PB Ratio (=3.79) is close to 1-year high of 4.17.
The historical rank and industry rank for AppAsia Bhd's PB Ratio or its related term are showing as below:
XKLS:0119'
s PB Ratio Range Over the Past 10 Years
Min: 1.03 Med: 4.13 Max: 12.42
Current: 3.79
During the past 13 years, AppAsia Bhd's highest PB Ratio was 12.42. The lowest was 1.03. And the median was 4.13.
XKLS:0119's PB Ratio is ranked worse than 67.84% of 2631
companies
in the Software industry
Industry Median: 2.42
vs XKLS:0119: 3.79
During the past 12 months, AppAsia Bhd's average Book Value Per Share Growth Rate was -3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AppAsia Bhd was 103.20% per year. The lowest was -61.60% per year. And the median was -4.00% 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.
AppAsia Bhd PB Ratio Related Terms
AppAsia Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for AppAsia Bhd'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 Software - Application subindustry, AppAsia Bhd'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.
AppAsia Bhd PB Ratio vs Software Industry
For the Software industry and Technology sector, AppAsia Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where AppAsia Bhd'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.
AppAsia Bhd'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.
AppAsia Bhd (XKLS:0119) has a PB Ratio of 3.79 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AppAsia Bhd and its competitors. This is near median its historical median of 4.13. Over the past decade, AppAsia Bhd's PB Ratio has ranged from 1.03 to 12.42. According to the industry distribution chart, AppAsia Bhd ranks #1785 out of 2631 companies in the Software industry, placing it in the top 67.8%.
Is AppAsia Bhd's PB Ratio too high?
AppAsia Bhd's current PB Ratio of 3.79 is near median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 12.42. The Software industry median PB Ratio is 2.42. AppAsia Bhd's value of 3.79 is 56.6% above this industry median. Based on the distribution chart, AppAsia Bhd ranks #1785 out of 2631 companies in the Software industry, which is below the industry midpoint. Overall, AppAsia Bhd has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, AppAsia Bhd ranks #1785 out of 2631 companies for PB Ratio. This places AppAsia Bhd in the lower half of its industry. The industry median PB Ratio is 2.42. AppAsia Bhd's value of 3.79 is 56.6% above this benchmark. Historically, AppAsia Bhd's own PB Ratio has ranged from 1.03 to 12.42 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 2.42, AppAsia 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 PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.42, based on 2,631 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. AppAsia Bhd's current PB Ratio of 3.79 is 56.6% 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 AppAsia Bhd and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppAsia Bhd's current PB Ratio is 3.79, which is near median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Fairly Valued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.11 — trading 10% above its estimated fair value. The current PB Ratio is 3.79, which is near median its 10-year median of 4.13 and 56.6% above the Software industry median of 2.42. AppAsia Bhd's overall GF Score™ is 40/100 with 3 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 AppAsia Bhd (XKLS:0119), the current PB Ratio is 3.79 as of Jul. 13, 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?
Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued.
The current stock price of RM0.11 is trading 10% above its estimated GF Value™ of RM0.10.
GuruFocus considers AppAsia Bhd to be Fairly Valued.
Key valuation signals for XKLS:0119:
PB Ratio: 3.79 (near median its 10-year median of 4.13)
GF Value™: RM0.10 vs. price of RM0.11 (10% above fair value)
Industry Position: 56.6% above the Software median (#1785 of 2631)
No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
40GF Score
Get the complete analysis for XKLS:0119
PB Ratio 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:0119 has been successfully added to your 
