IGB Bhd (XKLS:5606) PB Ratio: 0.93 (As of Jul. 16, 2026) — 50% 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:5606 IGB Bhd XKLS:5606
86 GF Score
Price RM2.33
GF Value RM1.82
Valuation Modestly Overvalued
! 5 Warning Signs
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What is IGB Bhd PB Ratio?

IGB Bhd XKLS:5606 86 PB Ratio is 0.93 as of Jul. 16, 2026, which is 50% above its 10-year median of 0.62. GuruFocus rates XKLS:5606 with a GF Score™ of 86/100 and a GF Value™ of RM1.82 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,712 Real Estate companies, IGB Bhd ranks worse than 56.07% 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), IGB Bhd's share price is RM2.33. IGB Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM2.50. Hence, IGB Bhd's PB Ratio of today is 0.93.

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

XKLS:5606' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.62   Max: 1.15
Current: 0.93

During the past 13 years, IGB Bhd's highest PB Ratio was 1.15. The lowest was 0.40. And the median was 0.62.

XKLS:5606's PB Ratio is ranked worse than
56.07% of 1712 companies
in the Real Estate industry
Industry Median: 0.82 vs XKLS:5606: 0.93

During the past 12 months, IGB Bhd's average Book Value Per Share Growth Rate was 17.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IGB Bhd was 20.20% per year. The lowest was -8.10% per year. And the median was 6.40% per year.

Back to Basics: PB Ratio


IGB Bhd  (XKLS:5606) 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.


IGB Bhd PB Ratio Related Terms


IGB Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for IGB 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.

IGB Bhd PB Ratio Chart

IGB 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 0.41 0.48 0.63 0.74 0.91

IGB 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 0.73 0.78 0.86 0.91 0.96

XKLS:5606 vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, IGB 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.


IGB Bhd PB Ratio vs Real Estate Industry

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

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


XKLS:5606
86GF Score
IGB Bhd XKLS:5606
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.33/2.496
=0.93

* 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 0.93 mean?
IGB Bhd (XKLS:5606) has a PB Ratio of 0.93 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 IGB Bhd and its competitors. This is 50% above median its historical median of 0.62. Over the past decade, IGB Bhd's PB Ratio has ranged from 0.40 to 1.15. According to the industry distribution chart, IGB Bhd ranks #960 out of 1712 companies in the Real Estate industry, placing it in the top 56.1%.
Is IGB Bhd's PB Ratio too high?
IGB Bhd's current PB Ratio of 0.93 is 50% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.15. The Real Estate industry median PB Ratio is 0.82. IGB Bhd's value of 0.93 is 13.4% above this industry median. Based on the distribution chart, IGB Bhd ranks #960 out of 1712 companies in the Real Estate industry, which is below the industry midpoint. Overall, IGB Bhd has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGB Bhd's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, IGB Bhd ranks #960 out of 1712 companies for PB Ratio. This places IGB Bhd in the lower half of its industry. The industry median PB Ratio is 0.82. IGB Bhd's value of 0.93 is 13.4% above this benchmark. Historically, IGB Bhd's own PB Ratio has ranged from 0.40 to 1.15 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.82, IGB 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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. IGB Bhd's current PB Ratio of 0.93 is 13.4% 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 IGB Bhd and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Bhd's current PB Ratio is 0.93, which is 50% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Bhd stock overvalued right now?
Based on GuruFocus' analysis, IGB Bhd (XKLS:5606) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.82, compared to a current price of RM2.33 — trading 28% above its estimated fair value. The current PB Ratio is 0.93, which is 50% above median its 10-year median of 0.62 and 13.4% above the Real Estate industry median of 0.82. IGB Bhd's overall GF Score™ is 86/100 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 IGB Bhd (XKLS:5606), the current PB Ratio is 0.93 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 IGB Bhd (XKLS:5606) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Bhd stock appears to be overvalued. The current stock price of RM2.33 is trading 28% above its estimated GF Value™ of RM1.82. GuruFocus considers IGB Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5606:

  • PB Ratio: 0.93 (50% above median its 10-year median of 0.62)
  • GF Value™: RM1.82 vs. price of RM2.33 (28% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 13.4% above the Real Estate median (#960 of 1712)

No single metric tells the full story. See the XKLS:5606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Bhd Business Description

Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, MYS, 59200
IGB Bhd is an investment holding company that engages in the provision of management services in Malaysia. It operates through the following segments which includes Property investment- retail, Property investment- commercial, Hotel segment, Property development segment, and construction. It makes the majority of the revenue from the Property investment- retail segment. The company also provides hotel management, building and maintenance, and exhibition services; owns and operates malls, and educational institutions.
86GF Score

Get the complete analysis for XKLS:5606

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

RM2.33
Price
RM1.82
GF Value