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Itmax System BhdXKLS:5309 -0.42%97 PB Ratio is 9.71 as of Jul. 15, 2026, which is 7% above its 10-year median of 9.06. GuruFocus rates XKLS:5309 with a GF Score™ of 97/100 and a GF Value™ of RM4.72 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,048 Business Services companies, Itmax System Bhd ranks worse than 95.99% 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), Itmax System Bhd's share price is RM4.72. Itmax System Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.49. Hence, Itmax System Bhd's PB Ratio of today is 9.71.
Warning Sign:
Itmax System Bhd stock PB Ratio (=9.77) is close to 5-year high of 10.68.
The historical rank and industry rank for Itmax System Bhd's PB Ratio or its related term are showing as below:
XKLS:5309'
s PB Ratio Range Over the Past 10 Years
Min: 4.65 Med: 9.06 Max: 10.68
Current: 9.71
During the past 7 years, Itmax System Bhd's highest PB Ratio was 10.68. The lowest was 4.65. And the median was 9.06.
XKLS:5309's PB Ratio is ranked worse than 95.99% of 1048
companies
in the Business Services industry
Industry Median: 1.66
vs XKLS:5309: 9.71
During the past 12 months, Itmax System Bhd's average Book Value Per Share Growth Rate was 20.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 77.60% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Itmax System Bhd was 153.80% per year. The lowest was 20.10% per year. And the median was 109.45% 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.
Itmax System Bhd PB Ratio Related Terms
Itmax System Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for Itmax System 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 Security & Protection Services subindustry, Itmax System 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.
Itmax System Bhd PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Itmax System Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Itmax System 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.
* 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.
Itmax System Bhd (XKLS:5309) has a PB Ratio of 9.71 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 Itmax System Bhd and its competitors. This is near median its historical median of 9.06. Over the past decade, Itmax System Bhd's PB Ratio has ranged from 4.65 to 10.68. According to the industry distribution chart, Itmax System Bhd ranks #1006 out of 1048 companies in the Business Services industry, placing it in the top 96%.
Is Itmax System Bhd's PB Ratio too high?
Itmax System Bhd's current PB Ratio of 9.71 is near median its 10-year median of 9.06. Over the past 10 years, this metric has ranged from a low of 4.65 to a high of 10.68. The Business Services industry median PB Ratio is 1.66. Itmax System Bhd's value of 9.71 is 484.9% above this industry median. Based on the distribution chart, Itmax System Bhd ranks #1006 out of 1048 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Itmax System Bhd has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #1006 out of 1048 companies for PB Ratio. This places Itmax System Bhd in the lower half of its industry. The industry median PB Ratio is 1.66. Itmax System Bhd's value of 9.71 is 484.9% above this benchmark. Historically, Itmax System Bhd's own PB Ratio has ranged from 4.65 to 10.68 over the past decade. While the company's 10-year median is 9.06 vs. the industry median of 1.66, Itmax System 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. Itmax System Bhd's current PB Ratio of 9.71 is 484.9% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current PB Ratio is 9.71, which is near median its own 10-year median of 9.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.72, compared to a current price of RM4.72 — trading right at its estimated fair value. The current PB Ratio is 9.71, which is near median its 10-year median of 9.06 and 484.9% above the Business Services industry median of 1.66. Itmax System Bhd's overall GF Score™ is 97/100 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 Itmax System Bhd (XKLS:5309), the current PB Ratio is 9.71 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?
Based on GuruFocus' analysis, Itmax System Bhd stock appears to be undervalued.
The current stock price of RM4.72 is trading 0% below its estimated GF Value™ of RM4.72.
GuruFocus considers Itmax System Bhd to be Fairly Valued.
Key valuation signals for XKLS:5309:
PB Ratio: 9.71 (near median its 10-year median of 9.06)
GF Value™: RM4.72 vs. price of RM4.72 (0% below fair value)
Industry Position: 484.9% above the Business Services median (#1006 of 1048)
No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
97GF Score
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