Go Innovate Asia Bhd stock PB Ratio (=0.71) is close to 10-year low of 0.69.
The historical rank and industry rank for Go Innovate Asia Bhd's PB Ratio or its related term are showing as below:
XKLS:03028'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 3.85 Max: 4.34
Current: 0.71
During the past 8 years, Go Innovate Asia Bhd's highest PB Ratio was 4.34. The lowest was 0.69. And the median was 3.85.
XKLS:03028's PB Ratio is not ranked
in the Capital Markets industry.
Industry Median: 1.29
vs XKLS:03028: 0.71
During the past 12 months, Go Innovate Asia Bhd's average Book Value Per Share Growth Rate was -46.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -24.40% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Go Innovate Asia Bhd was 48.10% per year. The lowest was -24.40% per year. And the median was 1.50% per year.
Back to Basics: PB Ratio
Go Innovate Asia Bhd (XKLS:03028) 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.
Go Innovate Asia Bhd PB Ratio Related Terms
Go Innovate Asia Bhd PB Ratio Historical Data
* Premium members only.
The historical data trend for Go Innovate Asia 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 Capital Markets subindustry, Go Innovate Asia 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.
Go Innovate Asia Bhd PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Go Innovate Asia 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.
Go Innovate Asia Bhd (XKLS:03028) has a PB Ratio of 0.71 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Go Innovate Asia Bhd and its competitors. This is 82% below median its historical median of 3.85. Over the past decade, Go Innovate Asia Bhd's PB Ratio has ranged from 0.69 to 4.34.
Is Go Innovate Asia Bhd's PB Ratio too high?
Go Innovate Asia Bhd's current PB Ratio of 0.71 is 82% below median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.34. The Capital Markets industry median PB Ratio is 1.29. Go Innovate Asia Bhd's value of 0.71 is 45% below this industry median.
How does Go Innovate Asia Bhd's PB Ratio compare to MS and GS?
Go Innovate Asia Bhd's PB Ratio of 0.71 can be compared against companies in the Capital Markets industry. The industry median PB Ratio is 1.29. Go Innovate Asia Bhd's value of 0.71 is 45% below this benchmark. Historically, Go Innovate Asia Bhd's own PB Ratio has ranged from 0.69 to 4.34 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 1.29, Go Innovate Asia 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.29, based on 778 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. Go Innovate Asia Bhd's current PB Ratio of 0.71 is 45% 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 Go Innovate Asia Bhd and its competitors. For the Capital Markets industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Innovate Asia Bhd's current PB Ratio is 0.71, which is 82% below median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current PB Ratio of 0.71. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current PB Ratio is 0.71, which is 82% below median its 10-year median of 3.85 and 45% below the Capital Markets industry median of 1.29. 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 Go Innovate Asia Bhd (XKLS:03028), the current PB Ratio is 0.71 as of Jun. 26, 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.
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.
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