Northern Solar Holdings BhdXKLS:0340 +0.75%19 PB Ratio is 3.21 as of Jul. 04, 2026, which is 4% below its 10-year median of 3.36. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 999 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 55.46% on this metric.
The historical rank and industry rank for Northern Solar Holdings Bhd's PB Ratio or its related term are showing as below:
XKLS:0340'
s PB Ratio Range Over the Past 10 Years
Min: 2.38 Med: 3.36 Max: 4.31
Current: 3.2
During the past 5 years, Northern Solar Holdings Bhd's highest PB Ratio was 4.31. The lowest was 2.38. And the median was 3.36.
XKLS:0340's PB Ratio is ranked better than 55.46% of 999
companies
in the Semiconductors industry
Industry Median: 3.67
vs XKLS:0340: 3.20
During the past 12 months, Northern Solar Holdings Bhd's average Book Value Per Share Growth Rate was 22.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 98.10% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Northern Solar Holdings Bhd was 149.60% per year. The lowest was 98.10% per year. And the median was 123.85% per year.
Back to Basics: PB Ratio
Northern Solar Holdings Bhd (XKLS:0340) 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.
Northern Solar Holdings Bhd PB Ratio Related Terms
Northern Solar Holdings Bhd PB Ratio Historical Data
* 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 Solar subindustry, Northern Solar Holdings 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.
Northern Solar Holdings Bhd PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings 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.
Northern Solar Holdings Bhd (XKLS:0340) has a PB Ratio of 3.21 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 Northern Solar Holdings Bhd and its competitors. This is near median its historical median of 3.36. Over the past decade, Northern Solar Holdings Bhd's PB Ratio has ranged from 2.38 to 4.31. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #445 out of 999 companies in the Semiconductors industry, placing it in the top 44.5%.
Is Northern Solar Holdings Bhd's PB Ratio too high?
Northern Solar Holdings Bhd's current PB Ratio of 3.21 is near median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 4.31. The Semiconductors industry median PB Ratio is 3.67. Northern Solar Holdings Bhd's value of 3.21 is 12.5% below this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #445 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #445 out of 999 companies for PB Ratio. This puts Northern Solar Holdings Bhd in the upper half of its industry. The industry median PB Ratio is 3.67. Northern Solar Holdings Bhd's value of 3.21 is 12.5% below this benchmark. Historically, Northern Solar Holdings Bhd's own PB Ratio has ranged from 2.38 to 4.31 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 3.67, Northern Solar Holdings 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.67, based on 999 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. Northern Solar Holdings Bhd's current PB Ratio of 3.21 is 12.5% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median PB Ratio is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current PB Ratio is 3.21, which is near median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current PB Ratio of 3.21. The current PB Ratio is 3.21, which is near median its 10-year median of 3.36 and 12.5% below the Semiconductors industry median of 3.67. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current PB Ratio is 3.21 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score
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