MN Holdings Bhd (XKLS:0245) PB Ratio: 5.42 (As of Jul. 25, 2026) — 64% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:0245 MN Holdings Bhd XKLS:0245
79 GF Score
Price RM2.93
GF Value RM2.17
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is MN Holdings Bhd PB Ratio?

MN Holdings Bhd XKLS:0245 -0.68% 79 PB Ratio is 5.42 as of Jul. 25, 2026, which is 64% above its 10-year median of 3.31. GuruFocus rates XKLS:0245 with a GF Score™ of 79/100 and a GF Value™ of RM2.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,722 Construction companies, MN Holdings Bhd ranks worse than 89.08% 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 (2026-07-25), MN Holdings Bhd's share price is RM2.93. MN Holdings Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.54. Hence, MN Holdings Bhd's PB Ratio of today is 5.42.

Warning Sign:

MN Holdings Bhd stock PB Ratio (=5.42) is close to 5-year high of 5.65.

The historical rank and industry rank for MN Holdings Bhd's PB Ratio or its related term are showing as below:

XKLS:0245' s PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 3.31   Max: 5.65
Current: 5.42

During the past 8 years, MN Holdings Bhd's highest PB Ratio was 5.65. The lowest was 1.34. And the median was 3.31.

XKLS:0245's PB Ratio is ranked worse than
89.08% of 1722 companies
in the Construction industry
Industry Median: 1.32 vs XKLS:0245: 5.42

During the past 12 months, MN Holdings Bhd's average Book Value Per Share Growth Rate was 71.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 34.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of MN Holdings Bhd was 38.30% per year. The lowest was 21.10% per year. And the median was 30.20% per year.

Back to Basics: PB Ratio


MN Holdings Bhd  (XKLS:0245) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


MN Holdings Bhd PB Ratio Related Terms


MN Holdings Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for MN Holdings 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.

MN Holdings Bhd PB Ratio Chart

MN Holdings Bhd Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial 0.00 1.50 1.72 3.84 4.29

MN Holdings Bhd Quarterly Data
Jun20 Jun21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB 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 3.42 4.29 3.85 3.25 3.20

XKLS:0245 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, MN Holdings 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.


MN Holdings Bhd PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, MN Holdings Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where MN Holdings Bhd's PB Ratio falls into.


XKLS:0245
79GF Score
MN Holdings Bhd XKLS:0245
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MN Holdings Bhd PB Ratio Calculation

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.

MN Holdings Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.93/0.541
=5.42

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 5.42 mean?
MN Holdings Bhd (XKLS:0245) has a PB Ratio of 5.42 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MN Holdings Bhd and its competitors. This is 64% above median its historical median of 3.31. Over the past decade, MN Holdings Bhd's PB Ratio has ranged from 1.34 to 5.65. According to the industry distribution chart, MN Holdings Bhd ranks #1534 out of 1722 companies in the Construction industry, placing it in the top 89.1%.
Is MN Holdings Bhd's PB Ratio too high?
MN Holdings Bhd's current PB Ratio of 5.42 is 64% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 5.65. The Construction industry median PB Ratio is 1.32. MN Holdings Bhd's value of 5.42 is 310.6% above this industry median. Based on the distribution chart, MN Holdings Bhd ranks #1534 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, MN Holdings Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, MN Holdings Bhd ranks #1534 out of 1722 companies for PB Ratio. This places MN Holdings Bhd in the lower half of its industry. The industry median PB Ratio is 1.32. MN Holdings Bhd's value of 5.42 is 310.6% above this benchmark. Historically, MN Holdings Bhd's own PB Ratio has ranged from 1.34 to 5.65 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 1.32, MN 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 PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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. MN Holdings Bhd's current PB Ratio of 5.42 is 310.6% 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 MN Holdings Bhd and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MN Holdings Bhd's current PB Ratio is 5.42, which is 64% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.17, compared to a current price of RM2.93 — trading 35% above its estimated fair value. The current PB Ratio is 5.42, which is 64% above median its 10-year median of 3.31 and 310.6% above the Construction industry median of 1.32. MN Holdings Bhd's overall GF Score™ is 79/100 with 7 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 MN Holdings Bhd (XKLS:0245), the current PB Ratio is 5.42 as of Jul. 25, 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?

Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued. The current stock price of RM2.93 is trading 35% above its estimated GF Value™ of RM2.17. GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0245:

  • PB Ratio: 5.42 (64% above median its 10-year median of 3.31)
  • GF Value™: RM2.17 vs. price of RM2.93 (35% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 310.6% above the Construction median (#1534 of 1722)

No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MN Holdings Bhd Business Description

Address Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
79GF Score

Get the complete analysis for XKLS:0245

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

RM2.93
Price
RM2.17
GF Value