HE Group Bhd (XKLS:0296) PB Ratio: 3.31 (As of Jul. 03, 2026) — 17% Above Median


XKLS:0296 HE Group Bhd XKLS:0296
50 GF Score
Price RM0.52
! 2 Warning Signs
View Full Analysis

What is HE Group Bhd PB Ratio?

HE Group Bhd XKLS:0296 -1.89% 50 PB Ratio is 3.31 as of Jul. 03, 2026, which is 17% above its 10-year median of 2.83. GuruFocus rates XKLS:0296 with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 1,716 Construction companies, HE Group Bhd ranks worse than 79.72% 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 (2026-07-03), HE Group Bhd's share price is RM0.52. HE Group Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.16. Hence, HE Group Bhd's PB Ratio of today is 3.31.

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

XKLS:0296' s PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.83   Max: 8.77
Current: 3.31

During the past 6 years, HE Group Bhd's highest PB Ratio was 8.77. The lowest was 1.60. And the median was 2.83.

XKLS:0296's PB Ratio is ranked worse than
79.72% of 1716 companies
in the Construction industry
Industry Median: 1.33 vs XKLS:0296: 3.31

During the past 12 months, HE Group Bhd's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 64.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 55.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of HE Group Bhd was 69.40% per year. The lowest was 42.70% per year. And the median was 64.80% per year.

Back to Basics: PB Ratio


HE Group Bhd  (XKLS:0296) 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.


HE Group Bhd PB Ratio Related Terms


HE Group Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for HE 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.

HE Group Bhd PB Ratio Chart

HE Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 3.79 2.27

HE Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 2.04 2.10 2.63 2.27 1.78

XKLS:0296 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, HE 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.


HE Group Bhd PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, HE Group Bhd's PB Ratio distribution charts can be found below:

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


XKLS:0296
50GF Score
HE Group Bhd XKLS:0296
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HE 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.52/0.157
=3.31

* 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 3.31 mean?
HE Group Bhd (XKLS:0296) has a PB Ratio of 3.31 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HE Group Bhd and its competitors. This is 17% above median its historical median of 2.83. Over the past decade, HE Group Bhd's PB Ratio has ranged from 1.60 to 8.77. According to the industry distribution chart, HE Group Bhd ranks #1368 out of 1716 companies in the Construction industry, placing it in the top 79.7%.
Is HE Group Bhd's PB Ratio too high?
HE Group Bhd's current PB Ratio of 3.31 is 17% above median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 8.77. The Construction industry median PB Ratio is 1.33. HE Group Bhd's value of 3.31 is 148.9% above this industry median. Based on the distribution chart, HE Group Bhd ranks #1368 out of 1716 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, HE Group Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, HE Group Bhd ranks #1368 out of 1716 companies for PB Ratio. This places HE Group Bhd in the lower half of its industry. The industry median PB Ratio is 1.33. HE Group Bhd's value of 3.31 is 148.9% above this benchmark. Historically, HE Group Bhd's own PB Ratio has ranged from 1.60 to 8.77 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.33, HE 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 Construction company?
The median PB Ratio among Construction companies is 1.33, based on 1,716 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. HE Group Bhd's current PB Ratio of 3.31 is 148.9% 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 HE Group Bhd and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HE Group Bhd's current PB Ratio is 3.31, which is 17% above median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HE Group Bhd stock overvalued right now?
HE Group Bhd (XKLS:0296) has a current PB Ratio of 3.31. The current PB Ratio is 3.31, which is 17% above median its 10-year median of 2.83 and 148.9% above the Construction industry median of 1.33. HE Group Bhd's overall GF Score™ is 50/100 with 2 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 HE Group Bhd (XKLS:0296), the current PB Ratio is 3.31 as of Jul. 03, 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.

HE Group Bhd Business Description

Address No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
50GF Score

Get the complete analysis for XKLS:0296

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

RM0.52
Price