Qes Group BhdXKLS:0196 +6.42%69 PB Ratio is 2.51 as of Jul. 07, 2026, which is 3% above its 10-year median of 2.43. GuruFocus rates XKLS:0196 with a GF Score™ of 69/100 and a GF Value™ of RM0.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,415 Hardware companies, Qes Group Bhd ranks worse than 51.84% 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 (2026-07-07), Qes Group Bhd's share price is RM0.58. Qes Group Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.23. Hence, Qes Group Bhd's PB Ratio of today is 2.51.
Warning Sign:
Qes Group Bhd stock PB Ratio (=2.36) is close to 1-year high of 2.36.
The historical rank and industry rank for Qes Group Bhd's PB Ratio or its related term are showing as below:
XKLS:0196'
s PB Ratio Range Over the Past 10 Years
Min: 0.9 Med: 2.43 Max: 6.08
Current: 2.51
During the past 12 years, Qes Group Bhd's highest PB Ratio was 6.08. The lowest was 0.90. And the median was 2.43.
XKLS:0196's PB Ratio is ranked worse than 51.84% of 2415
companies
in the Hardware industry
Industry Median: 2.4
vs XKLS:0196: 2.51
During the past 12 months, Qes Group Bhd's average Book Value Per Share Growth Rate was 5.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.50% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Qes Group Bhd was 58.70% per year. The lowest was 7.20% per year. And the median was 17.70% 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.
Qes Group Bhd PB Ratio Related Terms
Qes Group Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for Qes 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 Electronics & Computer Distribution subindustry, Qes 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.
Qes Group Bhd PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Qes Group Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Qes 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.
Qes Group Bhd's PB Ratio for today is calculated as follows:
* 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.
Qes Group Bhd (XKLS:0196) has a PB Ratio of 2.51 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Qes Group Bhd and its competitors. This is near median its historical median of 2.43. Over the past decade, Qes Group Bhd's PB Ratio has ranged from 0.90 to 6.08. According to the industry distribution chart, Qes Group Bhd ranks #1252 out of 2415 companies in the Hardware industry, placing it in the top 51.8%.
Is Qes Group Bhd's PB Ratio too high?
Qes Group Bhd's current PB Ratio of 2.51 is near median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 6.08. The Hardware industry median PB Ratio is 2.40. Qes Group Bhd's value of 2.51 is 4.6% above this industry median. Based on the distribution chart, Qes Group Bhd ranks #1252 out of 2415 companies in the Hardware industry, which is below the industry midpoint. Overall, Qes Group Bhd has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qes Group Bhd's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Qes Group Bhd ranks #1252 out of 2415 companies for PB Ratio. This places Qes Group Bhd in the lower half of its industry. The industry median PB Ratio is 2.40. Qes Group Bhd's value of 2.51 is 4.6% above this benchmark. Historically, Qes Group Bhd's own PB Ratio has ranged from 0.90 to 6.08 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 2.40, Qes Group 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,415 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. Qes Group Bhd's current PB Ratio of 2.51 is 4.6% 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 Qes Group Bhd and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qes Group Bhd's current PB Ratio is 2.51, which is near median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qes Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Qes Group Bhd (XKLS:0196) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.58 — trading right at its estimated fair value. The current PB Ratio is 2.51, which is near median its 10-year median of 2.43 and 4.6% above the Hardware industry median of 2.40. Qes Group Bhd's overall GF Score™ is 69/100 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 Qes Group Bhd (XKLS:0196), the current PB Ratio is 2.51 as of Jul. 07, 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 Qes Group Bhd (XKLS:0196) Overvalued in 2026?
Based on GuruFocus' analysis, Qes Group Bhd stock appears to be undervalued.
The current stock price of RM0.58 is trading 0% below its estimated GF Value™ of RM0.58.
GuruFocus considers Qes Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:0196:
PB Ratio: 2.51 (near median its 10-year median of 2.43)
GF Value™: RM0.58 vs. price of RM0.58 (0% below fair value)
Industry Position: 4.6% above the Hardware median (#1252 of 2415)
No single metric tells the full story. See the XKLS:0196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qes Group Bhd is a Malaysia-based investment holding. The company has multiple businesses that includes, the Equipment segment which derives maximum revenue includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment, mechanical and electrical engineering consultancy service, and investment holding, that invests in shares.
69GF Score
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