Iskandar Waterfront City Bhd (XKLS:1589) PB Ratio: 0.28 (As of Jul. 13, 2026) — 54% Below Median

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XKLS:1589 Iskandar Waterfront City Bhd XKLS:1589
24 GF Score
Price RM0.22
GF Value RM0.18
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Iskandar Waterfront City Bhd PB Ratio?

Iskandar Waterfront City Bhd XKLS:1589 24 PB Ratio is 0.28 as of Jul. 13, 2026, which is 54% below its 10-year median of 0.61. GuruFocus rates XKLS:1589 with a GF Score™ of 24/100 and a GF Value™ of RM0.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Iskandar Waterfront City Bhd ranks better than 85.89% 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), Iskandar Waterfront City Bhd's share price is RM0.215. Iskandar Waterfront City Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.76. Hence, Iskandar Waterfront City Bhd's PB Ratio of today is 0.28.

Good Sign:

Iskandar Waterfront City Bhd stock PB Ratio (=0.28) is close to 10-year low of 0.27.

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

XKLS:1589' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.61   Max: 3.35
Current: 0.28

During the past 13 years, Iskandar Waterfront City Bhd's highest PB Ratio was 3.35. The lowest was 0.27. And the median was 0.61.

XKLS:1589's PB Ratio is ranked better than
85.89% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs XKLS:1589: 0.28

During the past 12 months, Iskandar Waterfront City Bhd's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Iskandar Waterfront City Bhd was 6.00% per year. The lowest was -4.30% per year. And the median was 1.35% per year.

Back to Basics: PB Ratio


Iskandar Waterfront City Bhd  (XKLS:1589) 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.


Iskandar Waterfront City Bhd PB Ratio Related Terms


Iskandar Waterfront City Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd PB Ratio Chart

Iskandar Waterfront City Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.33 0.91 0.75 0.33

Iskandar Waterfront City Bhd Quarterly Data
Jun21 Sep21 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 0.42 0.42 0.42 0.33 0.26

Iskandar Waterfront City Bhd PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Iskandar Waterfront City 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.


Iskandar Waterfront City Bhd PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Iskandar Waterfront City Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Iskandar Waterfront City Bhd's PB Ratio falls into.


XKLS:1589
24GF Score
Iskandar Waterfront City Bhd XKLS:1589
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.215/0.757
=0.28

* 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 0.28 mean?
Iskandar Waterfront City Bhd (XKLS:1589) has a PB Ratio of 0.28 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 Iskandar Waterfront City Bhd and its competitors. This is 54% below median its historical median of 0.61. Over the past decade, Iskandar Waterfront City Bhd's PB Ratio has ranged from 0.27 to 3.35. According to the industry distribution chart, Iskandar Waterfront City Bhd ranks #242 out of 1715 companies in the Real Estate industry, placing it in the top 14.1%.
Is Iskandar Waterfront City Bhd's PB Ratio too high?
Iskandar Waterfront City Bhd's current PB Ratio of 0.28 is 54% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 3.35. The Real Estate industry median PB Ratio is 0.81. Iskandar Waterfront City Bhd's value of 0.28 is 65.4% below this industry median. Based on the distribution chart, Iskandar Waterfront City Bhd ranks #242 out of 1715 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Iskandar Waterfront City Bhd has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iskandar Waterfront City Bhd's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Iskandar Waterfront City Bhd ranks #242 out of 1715 companies for PB Ratio. This places Iskandar Waterfront City Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Iskandar Waterfront City Bhd's value of 0.28 is 65.4% below this benchmark. Historically, Iskandar Waterfront City Bhd's own PB Ratio has ranged from 0.27 to 3.35 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.81, Iskandar Waterfront City Bhd has consistently been below 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Iskandar Waterfront City Bhd's current PB Ratio of 0.28 is 65.4% below 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 Iskandar Waterfront City Bhd and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iskandar Waterfront City Bhd's current PB Ratio is 0.28, which is 54% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iskandar Waterfront City Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iskandar Waterfront City Bhd (XKLS:1589) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.22 — trading 19.4% above its estimated fair value. The current PB Ratio is 0.28, which is 54% below median its 10-year median of 0.61 and 65.4% below the Real Estate industry median of 0.81. Iskandar Waterfront City Bhd's overall GF Score™ is 24/100 with 5 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 Iskandar Waterfront City Bhd (XKLS:1589), the current PB Ratio is 0.28 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 Iskandar Waterfront City Bhd (XKLS:1589) Overvalued in 2026?

Based on GuruFocus' analysis, Iskandar Waterfront City Bhd stock appears to be overvalued. The current stock price of RM0.22 is trading 19.4% above its estimated GF Value™ of RM0.18. GuruFocus considers Iskandar Waterfront City Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:1589:

  • PB Ratio: 0.28 (54% below median its 10-year median of 0.61)
  • GF Value™: RM0.18 vs. price of RM0.22 (19.4% above fair value)
  • GF Score™: 24/100 with 5 warning signs
  • Industry Position: 65.4% below the Real Estate median (#242 of 1715)

No single metric tells the full story. See the XKLS:1589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iskandar Waterfront City Bhd Business Description

Address Jalan Skudai, Danga Bay, No. G08, Block 8, Johor Bahru, JHR, MYS, 80200
Iskandar Waterfront City Bhd is an investment holding company involved in property development, construction, property investment, and property management activities. The Group mainly focuses on landed township development products. Its reportable segments are Property Development, Construction, and Others. It generates majority of its revenue from the Property Development segment, which involves the development of residential and commercial properties. The Group operates predominantly in Malaysia.
24GF Score

Get the complete analysis for XKLS:1589

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

RM0.22
Price
RM0.18
GF Value