Smart Asia Chemical Bhd (XKLS:0306) PB Ratio: 0.56 (As of Jul. 03, 2026) — 19% Below Median


XKLS:0306 Smart Asia Chemical Bhd XKLS:0306
31 GF Score
Price RM0.18
! 7 Warning Signs
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What is Smart Asia Chemical Bhd PB Ratio?

Smart Asia Chemical Bhd XKLS:0306 +2.94% 31 PB Ratio is 0.56 as of Jul. 03, 2026, which is 19% below its 10-year median of 0.69. GuruFocus rates XKLS:0306 with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 1,578 Chemicals companies, Smart Asia Chemical Bhd ranks better than 88.72% 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), Smart Asia Chemical Bhd's share price is RM0.175. Smart Asia Chemical Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.31. Hence, Smart Asia Chemical Bhd's PB Ratio of today is 0.56.

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

XKLS:0306' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.69   Max: 1.54
Current: 0.57

During the past 6 years, Smart Asia Chemical Bhd's highest PB Ratio was 1.54. The lowest was 0.48. And the median was 0.69.

XKLS:0306's PB Ratio is ranked better than
88.72% of 1578 companies
in the Chemicals industry
Industry Median: 1.79 vs XKLS:0306: 0.57

During the past 12 months, Smart Asia Chemical Bhd's average Book Value Per Share Growth Rate was 3.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.60% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Smart Asia Chemical Bhd was 29.10% per year. The lowest was 18.40% per year. And the median was 23.30% per year.

Back to Basics: PB Ratio


Smart Asia Chemical Bhd  (XKLS:0306) 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.


Smart Asia Chemical Bhd PB Ratio Related Terms


Smart Asia Chemical Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Smart Asia Chemical 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.

Smart Asia Chemical Bhd PB Ratio Chart

Smart Asia Chemical Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 1.03 0.58

Smart Asia Chemical Bhd Quarterly Data
Dec20 Dec21 Dec22 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 0.81 0.69 0.62 0.58 0.54

XKLS:0306 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Smart Asia Chemical 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.


Smart Asia Chemical Bhd PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Smart Asia Chemical Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smart Asia Chemical Bhd's PB Ratio falls into.


XKLS:0306
31GF Score
Smart Asia Chemical Bhd XKLS:0306
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Asia Chemical 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.

Smart Asia Chemical Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.175/0.313
=0.56

* 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 0.56 mean?
Smart Asia Chemical Bhd (XKLS:0306) has a PB Ratio of 0.56 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 Smart Asia Chemical Bhd and its competitors. This is 19% below median its historical median of 0.69. Over the past decade, Smart Asia Chemical Bhd's PB Ratio has ranged from 0.48 to 1.54. According to the industry distribution chart, Smart Asia Chemical Bhd ranks #178 out of 1578 companies in the Chemicals industry, placing it in the top 11.3%.
Is Smart Asia Chemical Bhd's PB Ratio too high?
Smart Asia Chemical Bhd's current PB Ratio of 0.56 is 19% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.54. The Chemicals industry median PB Ratio is 1.79. Smart Asia Chemical Bhd's value of 0.56 is 68.7% below this industry median. Based on the distribution chart, Smart Asia Chemical Bhd ranks #178 out of 1578 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Smart Asia Chemical Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Smart Asia Chemical Bhd's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Smart Asia Chemical Bhd ranks #178 out of 1578 companies for PB Ratio. This places Smart Asia Chemical Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.79. Smart Asia Chemical Bhd's value of 0.56 is 68.7% below this benchmark. Historically, Smart Asia Chemical Bhd's own PB Ratio has ranged from 0.48 to 1.54 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.79, Smart Asia Chemical 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 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. Smart Asia Chemical Bhd's current PB Ratio of 0.56 is 68.7% 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 Smart Asia Chemical 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. Smart Asia Chemical Bhd's current PB Ratio is 0.56, which is 19% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Asia Chemical Bhd stock overvalued right now?
Smart Asia Chemical Bhd (XKLS:0306) has a current PB Ratio of 0.56. The current PB Ratio is 0.56, which is 19% below median its 10-year median of 0.69 and 68.7% below the Chemicals industry median of 1.79. Smart Asia Chemical Bhd's overall GF Score™ is 31/100 with 7 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 Smart Asia Chemical Bhd (XKLS:0306), the current PB Ratio is 0.56 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.

Smart Asia Chemical Bhd Business Description

Address No. 11, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution, and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners. Company has three segments manufacturing, sale and trading and other.
31GF Score

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