Shin Yang Group Bhd (XKLS:5173) PB Ratio: 0.59 (As of Jul. 17, 2026) — 37% 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:5173 Shin Yang Group Bhd XKLS:5173
68 GF Score
Price RM0.76
GF Value RM1.44
Valuation Significantly Undervalued
View Full Analysis

What is Shin Yang Group Bhd PB Ratio?

Shin Yang Group Bhd XKLS:5173 -1.30% 68 PB Ratio is 0.59 as of Jul. 17, 2026, which is 37% above its 10-year median of 0.43. GuruFocus rates XKLS:5173 with a GF Score™ of 68/100 and a GF Value™ of RM1.44 (Significantly Undervalued). Among 965 Transportation companies, Shin Yang Group Bhd ranks better than 83.52% 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 (2026-07-17), Shin Yang Group Bhd's share price is RM0.76. Shin Yang Group Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM1.29. Hence, Shin Yang Group Bhd's PB Ratio of today is 0.59.

Good Sign:

Shin Yang Group Bhd stock PB Ratio (=0.6) is close to 2-year low of 0.57.

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

XKLS:5173' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.43   Max: 0.95
Current: 0.59

During the past 13 years, Shin Yang Group Bhd's highest PB Ratio was 0.95. The lowest was 0.15. And the median was 0.43.

XKLS:5173's PB Ratio is ranked better than
83.52% of 965 companies
in the Transportation industry
Industry Median: 1.24 vs XKLS:5173: 0.59

During the past 12 months, Shin Yang Group Bhd's average Book Value Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shin Yang Group Bhd was 12.90% per year. The lowest was -7.10% per year. And the median was 0.75% per year.

Back to Basics: PB Ratio


Shin Yang Group Bhd  (XKLS:5173) 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.


Shin Yang Group Bhd PB Ratio Related Terms


Shin Yang Group Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Shin Yang 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.

Shin Yang Group Bhd PB Ratio Chart

Shin Yang Group Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.45 0.44 0.56 0.67

Shin Yang Group 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 0.62 0.62 0.65 0.66 0.57

Shin Yang Group Bhd PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Shin Yang 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.


Shin Yang Group Bhd PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's PB Ratio falls into.


XKLS:5173
68GF Score
Shin Yang Group Bhd XKLS:5173
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Yang Group 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.

Shin Yang Group Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.76/1.294
=0.59

* 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 0.59 mean?
Shin Yang Group Bhd (XKLS:5173) has a PB Ratio of 0.59 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shin Yang Group Bhd and its competitors. This is 37% above median its historical median of 0.43. Over the past decade, Shin Yang Group Bhd's PB Ratio has ranged from 0.15 to 0.95. According to the industry distribution chart, Shin Yang Group Bhd ranks #159 out of 965 companies in the Transportation industry, placing it in the top 16.5%.
Is Shin Yang Group Bhd's PB Ratio too high?
Shin Yang Group Bhd's current PB Ratio of 0.59 is 37% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.95. The Transportation industry median PB Ratio is 1.24. Shin Yang Group Bhd's value of 0.59 is 52.4% below this industry median. Based on the distribution chart, Shin Yang Group Bhd ranks #159 out of 965 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Yang Group Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Shin Yang Group Bhd ranks #159 out of 965 companies for PB Ratio. This places Shin Yang Group Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.24. Shin Yang Group Bhd's value of 0.59 is 52.4% below this benchmark. Historically, Shin Yang Group Bhd's own PB Ratio has ranged from 0.15 to 0.95 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.24, Shin Yang Group 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 965 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. Shin Yang Group Bhd's current PB Ratio of 0.59 is 52.4% 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 Shin Yang Group Bhd and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Yang Group Bhd's current PB Ratio is 0.59, which is 37% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.44, compared to a current price of RM0.76 — trading 47.2% below its estimated fair value. The current PB Ratio is 0.59, which is 37% above median its 10-year median of 0.43 and 52.4% below the Transportation industry median of 1.24. Shin Yang Group Bhd's overall GF Score™ is 68/100. 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 Shin Yang Group Bhd (XKLS:5173), the current PB Ratio is 0.59 as of Jul. 17, 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued. The current stock price of RM0.76 is trading 47.2% below its estimated GF Value™ of RM1.44. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

  • PB Ratio: 0.59 (37% above median its 10-year median of 0.43)
  • GF Value™: RM1.44 vs. price of RM0.76 (47.2% below fair value)
  • GF Score™: 68/100
  • Industry Position: 52.4% below the Transportation median (#159 of 965)

No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Yang Group Bhd Business Description

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
68GF Score

Get the complete analysis for XKLS:5173

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

RM0.76
Price
RM1.44
GF Value