JS Solar Holding Bhd (XKLS:0369) PB Ratio: 1.56 (As of Jul. 06, 2026) — 17% Below Median


XKLS:0369 JS Solar Holding Bhd XKLS:0369
5 GF Score
Price RM0.19
! 6 Warning Signs
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What is JS Solar Holding Bhd PB Ratio?

JS Solar Holding Bhd XKLS:0369 -2.56% 5 PB Ratio is 1.56 as of Jul. 06, 2026, which is 17% below its 10-year median of 1.89. GuruFocus rates XKLS:0369 with a GF Score™ of 5/100. The stock has 6 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, JS Solar Holding Bhd ranks worse than 58.14% 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 (2026-07-06), JS Solar Holding Bhd's share price is RM0.19. JS Solar Holding Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM0.12. Hence, JS Solar Holding Bhd's PB Ratio of today is 1.56.

Good Sign:

JS Solar Holding Bhd stock PB Ratio (=1.6) is close to 1-year low of 1.53.

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

XKLS:0369' s PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 1.89   Max: 3.09
Current: 1.56

During the past 5 years, JS Solar Holding Bhd's highest PB Ratio was 3.09. The lowest was 1.53. And the median was 1.89.

XKLS:0369's PB Ratio is ranked worse than
58.14% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.315 vs XKLS:0369: 1.56

During the past 12 months, JS Solar Holding Bhd's average Book Value Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 148.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of JS Solar Holding Bhd was 188.40% per year. The lowest was 148.00% per year. And the median was 168.20% per year.

Back to Basics: PB Ratio


JS Solar Holding Bhd  (XKLS:0369) 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.


JS Solar Holding Bhd PB Ratio Related Terms


JS Solar Holding Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for JS Solar Holding 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.

JS Solar Holding Bhd PB Ratio Chart

JS Solar Holding Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.00 1.56

JS Solar Holding Bhd Quarterly Data
Mar22 Mar23 Mar24 Mar25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 3.25 2.18 1.56

JS Solar Holding Bhd PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, JS Solar Holding 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.


JS Solar Holding Bhd PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where JS Solar Holding Bhd's PB Ratio falls into.


XKLS:0369
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JS Solar Holding Bhd XKLS:0369
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JS Solar Holding 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.

JS Solar Holding Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.19/0.122
=1.56

* 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 1.56 mean?
JS Solar Holding Bhd (XKLS:0369) has a PB Ratio of 1.56 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JS Solar Holding Bhd and its competitors. This is 17% below median its historical median of 1.89. Over the past decade, JS Solar Holding Bhd's PB Ratio has ranged from 1.53 to 3.09. According to the industry distribution chart, JS Solar Holding Bhd ranks #250 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 58.1%.
Is JS Solar Holding Bhd's PB Ratio too high?
JS Solar Holding Bhd's current PB Ratio of 1.56 is 17% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 3.09. The Utilities - Independent Power Producers industry median PB Ratio is 1.32. JS Solar Holding Bhd's value of 1.56 is 18.6% above this industry median. Based on the distribution chart, JS Solar Holding Bhd ranks #250 out of 430 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, JS Solar Holding Bhd has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does JS Solar Holding Bhd's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, JS Solar Holding Bhd ranks #250 out of 430 companies for PB Ratio. This places JS Solar Holding Bhd in the lower half of its industry. The industry median PB Ratio is 1.32. JS Solar Holding Bhd's value of 1.56 is 18.6% above this benchmark. Historically, JS Solar Holding Bhd's own PB Ratio has ranged from 1.53 to 3.09 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.32, JS Solar Holding 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.32, based on 430 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. JS Solar Holding Bhd's current PB Ratio of 1.56 is 18.6% 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 JS Solar Holding Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current PB Ratio is 1.56, which is 17% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current PB Ratio of 1.56. The current PB Ratio is 1.56, which is 17% below median its 10-year median of 1.89 and 18.6% above the Utilities - Independent Power Producers industry median of 1.32. JS Solar Holding Bhd's overall GF Score™ is 5/100 with 6 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 JS Solar Holding Bhd (XKLS:0369), the current PB Ratio is 1.56 as of Jul. 06, 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.

JS Solar Holding Bhd Business Description

Address B-05, Jalan Delta U6/18, Taman Perindustrian Sunway Subang, Seksyen U6, Shah Alam, SGR, MYS
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.
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RM0.19
Price