Leform Bhd (XKLS:0266) PB Ratio: 1.08 (As of Jul. 15, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:0266 Leform Bhd XKLS:0266
38 GF Score
Price RM0.16
GF Value RM0.12
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Leform Bhd PB Ratio?

Leform Bhd XKLS:0266 38 PB Ratio is 1.08 as of Jul. 15, 2026, which is 6% below its 10-year median of 1.15. GuruFocus rates XKLS:0266 with a GF Score™ of 38/100 and a GF Value™ of RM0.12 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 609 Steel companies, Leform Bhd ranks worse than 54.68% 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 (2026-07-15), Leform Bhd's share price is RM0.155. Leform Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.14. Hence, Leform Bhd's PB Ratio of today is 1.08.

Good Sign:

Leform Bhd stock PB Ratio (=1.04) is close to 1-year low of 0.94.

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

XKLS:0266' s PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.15   Max: 3.4
Current: 1.07

During the past 7 years, Leform Bhd's highest PB Ratio was 3.40. The lowest was 0.84. And the median was 1.15.

XKLS:0266's PB Ratio is ranked worse than
54.68% of 609 companies
in the Steel industry
Industry Median: 0.97 vs XKLS:0266: 1.07

During the past 12 months, Leform Bhd's average Book Value Per Share Growth Rate was -3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Leform Bhd was 25.20% per year. The lowest was -2.60% per year. And the median was 14.55% per year.

Back to Basics: PB Ratio


Leform Bhd  (XKLS:0266) 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.


Leform Bhd PB Ratio Related Terms


Leform Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Leform 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.

Leform Bhd PB Ratio Chart

Leform Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 1.37 3.06 0.91 1.21

Leform Bhd Quarterly Data
Dec19 Dec20 Dec21 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 0.97 0.97 0.97 1.21 1.15

XKLS:0266 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Leform 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.


Leform Bhd PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Leform Bhd's PB Ratio distribution charts can be found below:

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


XKLS:0266
38GF Score
Leform Bhd XKLS:0266
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leform 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.155/0.144
=1.08

* 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 1.08 mean?
Leform Bhd (XKLS:0266) has a PB Ratio of 1.08 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Leform Bhd and its competitors. This is near median its historical median of 1.15. Over the past decade, Leform Bhd's PB Ratio has ranged from 0.84 to 3.40. According to the industry distribution chart, Leform Bhd ranks #333 out of 609 companies in the Steel industry, placing it in the top 54.7%.
Is Leform Bhd's PB Ratio too high?
Leform Bhd's current PB Ratio of 1.08 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 3.40. The Steel industry median PB Ratio is 0.97. Leform Bhd's value of 1.08 is 11.3% above this industry median. Based on the distribution chart, Leform Bhd ranks #333 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Leform Bhd has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leform Bhd's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Leform Bhd ranks #333 out of 609 companies for PB Ratio. This places Leform Bhd in the lower half of its industry. The industry median PB Ratio is 0.97. Leform Bhd's value of 1.08 is 11.3% above this benchmark. Historically, Leform Bhd's own PB Ratio has ranged from 0.84 to 3.40 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.97, Leform 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 609 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. Leform Bhd's current PB Ratio of 1.08 is 11.3% 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 Leform Bhd and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leform Bhd's current PB Ratio is 1.08, which is near median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leform Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leform Bhd (XKLS:0266) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.12, compared to a current price of RM0.16 — trading 29.2% above its estimated fair value. The current PB Ratio is 1.08, which is near median its 10-year median of 1.15 and 11.3% above the Steel industry median of 0.97. Leform Bhd's overall GF Score™ is 38/100 with 4 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 Leform Bhd (XKLS:0266), the current PB Ratio is 1.08 as of Jul. 15, 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 Leform Bhd (XKLS:0266) Overvalued in 2026?

Based on GuruFocus' analysis, Leform Bhd stock appears to be overvalued. The current stock price of RM0.16 is trading 29.2% above its estimated GF Value™ of RM0.12. GuruFocus considers Leform Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0266:

  • PB Ratio: 1.08 (near median its 10-year median of 1.15)
  • GF Value™: RM0.12 vs. price of RM0.16 (29.2% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 11.3% above the Steel median (#333 of 609)

No single metric tells the full story. See the XKLS:0266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leform Bhd Business Description

Address PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200
Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries, including furniture, construction, as well as industrial product manufacturing industries (which include automotive parts and telecommunication tower pole part manufacturing). The firm's operating segment includes Manufacturing, Trading, and Others. The firm generates the majority of its revenue from the Manufacturing segment.
38GF Score

Get the complete analysis for XKLS:0266

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

RM0.16
Price
RM0.12
GF Value