Thong Guan Industries Bhd (XKLS:7034) PB Ratio: 0.60 (As of Jul. 21, 2026) — 42% Below 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:7034 Thong Guan Industries Bhd XKLS:7034
79 GF Score
Price RM1.44
GF Value RM1.70
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Thong Guan Industries Bhd PB Ratio?

Thong Guan Industries Bhd XKLS:7034 -0.69% 79 PB Ratio is 0.60 as of Jul. 21, 2026, which is 42% below its 10-year median of 1.04. GuruFocus rates XKLS:7034 with a GF Score™ of 79/100 and a GF Value™ of RM1.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 389 Packaging & Containers companies, Thong Guan Industries Bhd ranks better than 78.15% 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 (2026-07-21), Thong Guan Industries Bhd's share price is RM1.44. Thong Guan Industries Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM2.41. Hence, Thong Guan Industries Bhd's PB Ratio of today is 0.60.

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

XKLS:7034' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.04   Max: 1.89
Current: 0.6

During the past 13 years, Thong Guan Industries Bhd's highest PB Ratio was 1.89. The lowest was 0.42. And the median was 1.04.

XKLS:7034's PB Ratio is ranked better than
78.15% of 389 companies
in the Packaging & Containers industry
Industry Median: 1.17 vs XKLS:7034: 0.60

During the past 12 months, Thong Guan Industries Bhd's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thong Guan Industries Bhd was 24.10% per year. The lowest was -4.90% per year. And the median was 7.70% per year.

Back to Basics: PB Ratio


Thong Guan Industries Bhd  (XKLS:7034) 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.


Thong Guan Industries Bhd PB Ratio Related Terms


Thong Guan Industries Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Thong Guan Industries 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.

Thong Guan Industries Bhd PB Ratio Chart

Thong Guan Industries 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 1.47 1.12 0.80 0.63 0.50

Thong Guan Industries 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 0.47 0.49 0.48 0.50 0.53

XKLS:7034 vs SW, PKG, IP: PB Ratio Comparison

For the Packaging & Containers subindustry, Thong Guan Industries 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.


Thong Guan Industries Bhd PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thong Guan Industries Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thong Guan Industries Bhd's PB Ratio falls into.


XKLS:7034
79GF Score
Thong Guan Industries Bhd XKLS:7034
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thong Guan Industries 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.

Thong Guan Industries Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.44/2.413
=0.60

* 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 0.60 mean?
Thong Guan Industries Bhd (XKLS:7034) has a PB Ratio of 0.60 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Thong Guan Industries Bhd and its competitors. This is 42% below median its historical median of 1.04. Over the past decade, Thong Guan Industries Bhd's PB Ratio has ranged from 0.42 to 1.89. According to the industry distribution chart, Thong Guan Industries Bhd ranks #85 out of 389 companies in the Packaging & Containers industry, placing it in the top 21.9%.
Is Thong Guan Industries Bhd's PB Ratio too high?
Thong Guan Industries Bhd's current PB Ratio of 0.60 is 42% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.89. The Packaging & Containers industry median PB Ratio is 1.17. Thong Guan Industries Bhd's value of 0.60 is 48.7% below this industry median. Based on the distribution chart, Thong Guan Industries Bhd ranks #85 out of 389 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thong Guan Industries Bhd has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thong Guan Industries Bhd ranks #85 out of 389 companies for PB Ratio. This places Thong Guan Industries Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.17. Thong Guan Industries Bhd's value of 0.60 is 48.7% below this benchmark. Historically, Thong Guan Industries Bhd's own PB Ratio has ranged from 0.42 to 1.89 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.17, Thong Guan Industries 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 Packaging & Containers company?
The median PB Ratio among Packaging & Containers companies is 1.17, based on 389 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. Thong Guan Industries Bhd's current PB Ratio of 0.60 is 48.7% 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 Thong Guan Industries Bhd and its competitors. For the Packaging & Containers industry, the median PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thong Guan Industries Bhd's current PB Ratio is 0.60, which is 42% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.70, compared to a current price of RM1.44 — trading 15.3% below its estimated fair value. The current PB Ratio is 0.60, which is 42% below median its 10-year median of 1.04 and 48.7% below the Packaging & Containers industry median of 1.17. Thong Guan Industries Bhd's overall GF Score™ is 79/100 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 Thong Guan Industries Bhd (XKLS:7034), the current PB Ratio is 0.60 as of Jul. 21, 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?

Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued. The current stock price of RM1.44 is trading 15.3% below its estimated GF Value™ of RM1.70. GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7034:

  • PB Ratio: 0.60 (42% below median its 10-year median of 1.04)
  • GF Value™: RM1.70 vs. price of RM1.44 (15.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 48.7% below the Packaging & Containers median (#85 of 389)

No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thong Guan Industries Bhd Business Description

Address Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
79GF Score

Get the complete analysis for XKLS:7034

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

RM1.44
Price
RM1.70
GF Value