Malayan Cement Bhd (XKLS:3794) PB Ratio: 1.20 (As of Jul. 16, 2026) — 18% Above 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:3794 Malayan Cement Bhd XKLS:3794
76 GF Score
Price RM6.32
GF Value RM5.53
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Malayan Cement Bhd PB Ratio?

Malayan Cement Bhd XKLS:3794 +0.80% 76 PB Ratio is 1.20 as of Jul. 16, 2026, which is 18% above its 10-year median of 1.02. GuruFocus rates XKLS:3794 with a GF Score™ of 76/100 and a GF Value™ of RM5.53 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 398 Building Materials companies, Malayan Cement Bhd ranks worse than 50.75% 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 (2026-07-16), Malayan Cement Bhd's share price is RM6.32. Malayan Cement Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM5.26. Hence, Malayan Cement Bhd's PB Ratio of today is 1.20.

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

XKLS:3794' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.02   Max: 2.31
Current: 1.2

During the past 13 years, Malayan Cement Bhd's highest PB Ratio was 2.31. The lowest was 0.43. And the median was 1.02.

XKLS:3794's PB Ratio is ranked worse than
50.75% of 398 companies
in the Building Materials industry
Industry Median: 1.175 vs XKLS:3794: 1.20

During the past 12 months, Malayan Cement Bhd's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Malayan Cement Bhd was 20.50% per year. The lowest was -21.30% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio


Malayan Cement Bhd  (XKLS:3794) 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.


Malayan Cement Bhd PB Ratio Related Terms


Malayan Cement Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Malayan Cement 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.

Malayan Cement Bhd PB Ratio Chart

Malayan Cement Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.50 0.68 1.05 1.00

Malayan Cement 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 0.98 1.00 1.37 1.47 1.15

XKLS:3794 vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Malayan Cement 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.


Malayan Cement Bhd PB Ratio vs Building Materials Industry

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

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


XKLS:3794
76GF Score
Malayan Cement Bhd XKLS:3794
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malayan Cement 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.32/5.26
=1.20

* 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 1.20 mean?
Malayan Cement Bhd (XKLS:3794) has a PB Ratio of 1.20 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Malayan Cement Bhd and its competitors. This is 18% above median its historical median of 1.02. Over the past decade, Malayan Cement Bhd's PB Ratio has ranged from 0.43 to 2.31. According to the industry distribution chart, Malayan Cement Bhd ranks #202 out of 398 companies in the Building Materials industry, placing it in the top 50.8%.
Is Malayan Cement Bhd's PB Ratio too high?
Malayan Cement Bhd's current PB Ratio of 1.20 is 18% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.31. The Building Materials industry median PB Ratio is 1.18. Malayan Cement Bhd's value of 1.20 is 2.1% above this industry median. Based on the distribution chart, Malayan Cement Bhd ranks #202 out of 398 companies in the Building Materials industry, which is below the industry midpoint. Overall, Malayan Cement Bhd has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Cement Bhd's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Malayan Cement Bhd ranks #202 out of 398 companies for PB Ratio. This places Malayan Cement Bhd in the lower half of its industry. The industry median PB Ratio is 1.18. Malayan Cement Bhd's value of 1.20 is 2.1% above this benchmark. Historically, Malayan Cement Bhd's own PB Ratio has ranged from 0.43 to 2.31 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.18, Malayan Cement 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.18, based on 398 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. Malayan Cement Bhd's current PB Ratio of 1.20 is 2.1% 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 Malayan Cement Bhd and its competitors. For the Building Materials industry, the median PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malayan Cement Bhd's current PB Ratio is 1.20, which is 18% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Cement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Cement Bhd (XKLS:3794) is currently considered Modestly Overvalued. The stock's GF Value™ is RM5.53, compared to a current price of RM6.32 — trading 14.3% above its estimated fair value. The current PB Ratio is 1.20, which is 18% above median its 10-year median of 1.02 and 2.1% above the Building Materials industry median of 1.18. Malayan Cement Bhd's overall GF Score™ is 76/100 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 Malayan Cement Bhd (XKLS:3794), the current PB Ratio is 1.20 as of Jul. 16, 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 Malayan Cement Bhd (XKLS:3794) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Cement Bhd stock appears to be overvalued. The current stock price of RM6.32 is trading 14.3% above its estimated GF Value™ of RM5.53. GuruFocus considers Malayan Cement Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:3794:

  • PB Ratio: 1.20 (18% above median its 10-year median of 1.02)
  • GF Value™: RM5.53 vs. price of RM6.32 (14.3% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 2.1% above the Building Materials median (#202 of 398)

No single metric tells the full story. See the XKLS:3794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Cement Bhd Business Description

Address 205 Jalan Bukit Bintang, 28th Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
Malayan Cement Bhd is a cement and building materials group in Malaysia and Singapore. It is a producer of cement, ready-mixed concrete, drymix, and quarry products, which are used in the residential and commercial building industry and also have various applications in infrastructure and other industries. The company's operating divisions are Cement, and Aggregates and Concrete. A majority of its revenue is generated from the Cement segment which also includes its drymix and waste management business. Geographically, it derives key revenue from Malaysia and the rest from Singapore.
76GF Score

Get the complete analysis for XKLS:3794

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

RM6.32
Price
RM5.53
GF Value