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ASTEEL Group BhdXKLS:7020 +5.00%42 PB Ratio is 0.84 as of Sep. 08, 2026, which is 2% above its 10-year median of 0.82. GuruFocus rates XKLS:7020 with a GF Score™ of 42/100 and a GF Value™ of RM0.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 606 Steel companies, ASTEEL Group Bhd ranks better than 57.92% 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 (2026-09-08), ASTEEL Group Bhd's share price is RM0.105. ASTEEL Group Bhd's Book Value per Share for the quarter that ended in Jun. 2026 was RM0.13. Hence, ASTEEL Group Bhd's PB Ratio of today is 0.84.
Warning Sign:
ASTEEL Group Bhd stock PB Ratio (=0.8) is close to 2-year high of 0.8.
The historical rank and industry rank for ASTEEL Group Bhd's PB Ratio or its related term are showing as below:
XKLS:7020'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.82 Max: 2.45
Current: 0.84
During the past 13 years, ASTEEL Group Bhd's highest PB Ratio was 2.45. The lowest was 0.20. And the median was 0.82.
XKLS:7020's PB Ratio is ranked better than 57.92% of 606
companies
in the Steel industry
Industry Median: 1.005
vs XKLS:7020: 0.84
During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -15.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ASTEEL Group Bhd was 14.80% per year. The lowest was -49.10% per year. And the median was -3.50% 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.
ASTEEL Group Bhd PB Ratio Related Terms
ASTEEL Group Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for ASTEEL 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.
For the Steel subindustry, ASTEEL 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.
ASTEEL Group Bhd PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, ASTEEL Group Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where ASTEEL Group 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.
ASTEEL Group Bhd (XKLS:7020) has a PB Ratio of 0.84 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ASTEEL Group Bhd and its competitors. This is near median its historical median of 0.82. Over the past decade, ASTEEL Group Bhd's PB Ratio has ranged from 0.20 to 2.45. According to the industry distribution chart, ASTEEL Group Bhd ranks #255 out of 606 companies in the Steel industry, placing it in the top 42.1%.
Is ASTEEL Group Bhd's PB Ratio too high?
ASTEEL Group Bhd's current PB Ratio of 0.84 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.45. The Steel industry median PB Ratio is 1.01. ASTEEL Group Bhd's value of 0.84 is 16.4% below this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #255 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, ASTEEL Group Bhd has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASTEEL Group Bhd's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #255 out of 606 companies for PB Ratio. This puts ASTEEL Group Bhd in the upper half of its industry. The industry median PB Ratio is 1.01. ASTEEL Group Bhd's value of 0.84 is 16.4% below this benchmark. Historically, ASTEEL Group Bhd's own PB Ratio has ranged from 0.20 to 2.45 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.01, ASTEEL 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 Steel company?
The median PB Ratio among Steel companies is 1.01, based on 606 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. ASTEEL Group Bhd's current PB Ratio of 0.84 is 16.4% 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 ASTEEL Group Bhd and its competitors. For the Steel industry, the median PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTEEL Group Bhd's current PB Ratio is 0.84, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.11 — trading 31.3% above its estimated fair value. The current PB Ratio is 0.84, which is near median its 10-year median of 0.82 and 16.4% below the Steel industry median of 1.01. ASTEEL Group Bhd's overall GF Score™ is 42/100 with 7 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 ASTEEL Group Bhd (XKLS:7020), the current PB Ratio is 0.84 as of Sep. 08, 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 ASTEEL Group Bhd (XKLS:7020) Overvalued in 2026?
Based on GuruFocus' analysis, ASTEEL Group Bhd stock appears to be overvalued.
The current stock price of RM0.11 is trading 31.3% above its estimated GF Value™ of RM0.08.
GuruFocus considers ASTEEL Group Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:7020:
PB Ratio: 0.84 (near median its 10-year median of 0.82)
GF Value™: RM0.08 vs. price of RM0.11 (31.3% above fair value)
Industry Position: 16.4% below the Steel median (#255 of 606)
No single metric tells the full story. See the XKLS:7020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.
42GF Score
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