CE Technology BhdXKLS:03024 72 PB Ratio is 2.34 as of Jul. 04, 2026, which is 35% below its 10-year median of 3.58. GuruFocus rates XKLS:03024 with a GF Score™ of 72/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,578 Chemicals companies, CE Technology Bhd ranks worse than 61.66% on this metric.
CE Technology Bhd stock PB Ratio (=2.34) is close to 5-year low of 2.13.
The historical rank and industry rank for CE Technology Bhd's PB Ratio or its related term are showing as below:
XKLS:03024'
s PB Ratio Range Over the Past 10 Years
Min: 2.02 Med: 3.58 Max: 7.57
Current: 2.34
During the past 10 years, CE Technology Bhd's highest PB Ratio was 7.57. The lowest was 2.02. And the median was 3.58.
XKLS:03024's PB Ratio is ranked worse than 61.66% of 1578
companies
in the Chemicals industry
Industry Median: 1.79
vs XKLS:03024: 2.34
During the past 12 months, CE Technology Bhd's average Book Value Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of CE Technology Bhd was 38.90% per year. The lowest was 3.10% per year. And the median was 27.10% per year.
Back to Basics: PB Ratio
CE Technology Bhd (XKLS:03024) PB Ratio Explanation
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.
CE Technology Bhd PB Ratio Related Terms
CE Technology Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for CE Technology 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 Specialty Chemicals subindustry, CE Technology 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.
CE Technology Bhd PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CE Technology Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where CE Technology 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.
CE Technology Bhd (XKLS:03024) has a PB Ratio of 2.34 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CE Technology Bhd and its competitors. This is 35% below median its historical median of 3.58. Over the past decade, CE Technology Bhd's PB Ratio has ranged from 2.02 to 7.57. According to the industry distribution chart, CE Technology Bhd ranks #973 out of 1578 companies in the Chemicals industry, placing it in the top 61.7%.
Is CE Technology Bhd's PB Ratio too high?
CE Technology Bhd's current PB Ratio of 2.34 is 35% below median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 7.57. The Chemicals industry median PB Ratio is 1.79. CE Technology Bhd's value of 2.34 is 30.7% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #973 out of 1578 companies in the Chemicals industry, which is below the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #973 out of 1578 companies for PB Ratio. This places CE Technology Bhd in the lower half of its industry. The industry median PB Ratio is 1.79. CE Technology Bhd's value of 2.34 is 30.7% above this benchmark. Historically, CE Technology Bhd's own PB Ratio has ranged from 2.02 to 7.57 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 1.79, CE Technology 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.79, based on 1,578 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. CE Technology Bhd's current PB Ratio of 2.34 is 30.7% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current PB Ratio is 2.34, which is 35% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current PB Ratio is 2.34, which is 35% below median its 10-year median of 3.58 and 30.7% above the Chemicals industry median of 1.79. CE Technology Bhd's overall GF Score™ is 72/100 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 CE Technology Bhd (XKLS:03024), the current PB Ratio is 2.34 as of Jul. 04, 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?
Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued.
The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.
GuruFocus considers CE Technology Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:03024:
PB Ratio: 2.34 (35% below median its 10-year median of 3.58)
GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
Industry Position: 30.7% above the Chemicals median (#973 of 1578)
No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
72GF Score
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