Axiata Group Bhd (XKLS:6888) PB Ratio: 0.94 (As of Jul. 18, 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:6888 Axiata Group Bhd XKLS:6888
64 GF Score
Price RM2.05
GF Value RM1.80
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Axiata Group Bhd PB Ratio?

Axiata Group Bhd XKLS:6888 64 PB Ratio is 0.94 as of Jul. 18, 2026, which is 46% below its 10-year median of 1.75. GuruFocus rates XKLS:6888 with a GF Score™ of 64/100 and a GF Value™ of RM1.80 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 337 Telecommunication Services companies, Axiata Group Bhd ranks better than 75.67% 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 (2026-07-18), Axiata Group Bhd's share price is RM2.05. Axiata Group Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM2.17. Hence, Axiata Group Bhd's PB Ratio of today is 0.94.

Good Sign:

Axiata Group Bhd stock PB Ratio (=0.94) is close to 1-year low of 0.86.

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

XKLS:6888' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.75   Max: 2.76
Current: 0.94

During the past 13 years, Axiata Group Bhd's highest PB Ratio was 2.76. The lowest was 0.74. And the median was 1.75.

XKLS:6888's PB Ratio is ranked better than
75.67% of 337 companies
in the Telecommunication Services industry
Industry Median: 1.78 vs XKLS:6888: 0.94

During the past 12 months, Axiata Group Bhd's average Book Value Per Share Growth Rate was -3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axiata Group Bhd was 13.90% per year. The lowest was -18.80% per year. And the median was 2.15% per year.

Back to Basics: PB Ratio


Axiata Group Bhd  (XKLS:6888) 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.


Axiata Group Bhd PB Ratio Related Terms


Axiata Group Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Axiata 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.

Axiata Group Bhd PB Ratio Chart

Axiata Group 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 2.12 1.18 0.99 1.08 1.14

Axiata 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 0.80 0.99 1.18 1.14 1.02

XKLS:6888 vs TMUS, VZ, T: PB Ratio Comparison

For the Telecom Services subindustry, Axiata 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.


Axiata Group Bhd PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Axiata Group Bhd's PB Ratio distribution charts can be found below:

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


XKLS:6888
64GF Score
Axiata Group Bhd XKLS:6888
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axiata 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.05/2.17
=0.94

* 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 0.94 mean?
Axiata Group Bhd (XKLS:6888) has a PB Ratio of 0.94 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Axiata Group Bhd and its competitors. This is 46% below median its historical median of 1.75. Over the past decade, Axiata Group Bhd's PB Ratio has ranged from 0.74 to 2.76. According to the industry distribution chart, Axiata Group Bhd ranks #82 out of 337 companies in the Telecommunication Services industry, placing it in the top 24.3%.
Is Axiata Group Bhd's PB Ratio too high?
Axiata Group Bhd's current PB Ratio of 0.94 is 46% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.76. The Telecommunication Services industry median PB Ratio is 1.78. Axiata Group Bhd's value of 0.94 is 47.2% below this industry median. Based on the distribution chart, Axiata Group Bhd ranks #82 out of 337 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Axiata Group Bhd has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axiata Group Bhd's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Axiata Group Bhd ranks #82 out of 337 companies for PB Ratio. This places Axiata Group Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.78. Axiata Group Bhd's value of 0.94 is 47.2% below this benchmark. Historically, Axiata Group Bhd's own PB Ratio has ranged from 0.74 to 2.76 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.78, Axiata 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.78, based on 337 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. Axiata Group Bhd's current PB Ratio of 0.94 is 47.2% 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 Axiata Group Bhd and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axiata Group Bhd's current PB Ratio is 0.94, which is 46% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axiata Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Axiata Group Bhd (XKLS:6888) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.80, compared to a current price of RM2.05 — trading 13.9% above its estimated fair value. The current PB Ratio is 0.94, which is 46% below median its 10-year median of 1.75 and 47.2% below the Telecommunication Services industry median of 1.78. Axiata Group Bhd's overall GF Score™ is 64/100 with 6 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 Axiata Group Bhd (XKLS:6888), the current PB Ratio is 0.94 as of Jul. 18, 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 Axiata Group Bhd (XKLS:6888) Overvalued in 2026?

Based on GuruFocus' analysis, Axiata Group Bhd stock appears to be overvalued. The current stock price of RM2.05 is trading 13.9% above its estimated GF Value™ of RM1.80. GuruFocus considers Axiata Group Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:6888:

  • PB Ratio: 0.94 (46% below median its 10-year median of 1.75)
  • GF Value™: RM1.80 vs. price of RM2.05 (13.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 47.2% below the Telecommunication Services median (#82 of 337)

No single metric tells the full story. See the XKLS:6888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axiata Group Bhd Business Description

Other Exchanges AXXTF:USA
Address 9 Jalan Stesen Sentral 5, Level 30, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470
Axiata Group Bhd is a telecommunications company. The business segment of the company is the Digital telco/Mobile segment, which includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services, digital business, and others; the Digital segment is engaged in the multimedia advertising, creative content, e-commerce enablement; Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services; and Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission.
64GF Score

Get the complete analysis for XKLS:6888

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

RM2.05
Price
RM1.80
GF Value