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TSA Group BhdXKLS:0297 34 PB Ratio is 1.45 as of Jul. 20, 2026, which is 13% above its 10-year median of 1.28. GuruFocus rates XKLS:0297 with a GF Score™ of 34/100. The stock has 10 warning signs investors should review. Among 610 Steel companies, TSA Group Bhd ranks worse than 68.85% 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 (2026-07-20), TSA Group Bhd's share price is RM0.86. TSA Group Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.60. Hence, TSA Group Bhd's PB Ratio of today is 1.45.
The historical rank and industry rank for TSA Group Bhd's PB Ratio or its related term are showing as below:
XKLS:0297'
s PB Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.28 Max: 1.78
Current: 1.45
During the past 6 years, TSA Group Bhd's highest PB Ratio was 1.78. The lowest was 1.18. And the median was 1.28.
XKLS:0297's PB Ratio is ranked worse than 68.85% of 610
companies
in the Steel industry
Industry Median: 0.97
vs XKLS:0297: 1.45
During the past 12 months, TSA Group Bhd's average Book Value Per Share Growth Rate was 0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.90% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of TSA Group Bhd was 13.90% per year. The lowest was 5.30% per year. And the median was 7.80% 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.
TSA Group Bhd PB Ratio Related Terms
TSA Group Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for TSA Group 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 Steel subindustry, TSA Group 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.
TSA Group Bhd PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, TSA Group Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where TSA Group 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.
TSA Group 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.
TSA Group Bhd (XKLS:0297) has a PB Ratio of 1.45 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TSA Group Bhd and its competitors. This is 13% above median its historical median of 1.28. Over the past decade, TSA Group Bhd's PB Ratio has ranged from 1.18 to 1.78. According to the industry distribution chart, TSA Group Bhd ranks #420 out of 610 companies in the Steel industry, placing it in the top 68.9%.
Is TSA Group Bhd's PB Ratio too high?
TSA Group Bhd's current PB Ratio of 1.45 is 13% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 1.78. The Steel industry median PB Ratio is 0.97. TSA Group Bhd's value of 1.45 is 49.5% above this industry median. Based on the distribution chart, TSA Group Bhd ranks #420 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, TSA Group Bhd has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #420 out of 610 companies for PB Ratio. This places TSA Group Bhd in the lower half of its industry. The industry median PB Ratio is 0.97. TSA Group Bhd's value of 1.45 is 49.5% above this benchmark. Historically, TSA Group Bhd's own PB Ratio has ranged from 1.18 to 1.78 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.97, TSA Group 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 610 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. TSA Group Bhd's current PB Ratio of 1.45 is 49.5% 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 TSA Group 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. TSA Group Bhd's current PB Ratio is 1.45, which is 13% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSA Group Bhd stock overvalued right now?
TSA Group Bhd (XKLS:0297) has a current PB Ratio of 1.45. The current PB Ratio is 1.45, which is 13% above median its 10-year median of 1.28 and 49.5% above the Steel industry median of 0.97. TSA Group Bhd's overall GF Score™ is 34/100 with 10 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 TSA Group Bhd (XKLS:0297), the current PB Ratio is 1.45 as of Jul. 20, 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.
TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel. Geographically it operates in Malaysia, Singapore, Bangladesh, Thailand, Indonesia and others, having key revenue from Malaysia.
34GF Score
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