Heineken Malaysia BhdXKLS:3255 -0.51%92 PB Ratio is 9.21 as of Jun. 26, 2026, which is 47% below its 10-year median of 17.46. GuruFocus rates XKLS:3255 with a GF Score™ of 92/100 and a GF Value™ of RM23.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Heineken Malaysia Bhd ranks worse than 93.66% on this metric.
Heineken Malaysia Bhd stock PB Ratio (=9.28) is close to 10-year low of 9.22.
The historical rank and industry rank for Heineken Malaysia Bhd's PB Ratio or its related term are showing as below:
XKLS:3255'
s PB Ratio Range Over the Past 10 Years
Min: 9.2 Med: 17.46 Max: 27.36
Current: 9.2
During the past 13 years, Heineken Malaysia Bhd's highest PB Ratio was 27.36. The lowest was 9.20. And the median was 17.46.
XKLS:3255's PB Ratio is ranked worse than 93.66% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.66
vs XKLS:3255: 9.20
During the past 12 months, Heineken Malaysia Bhd's average Book Value Per Share Growth Rate was -4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heineken Malaysia Bhd was 10.90% per year. The lowest was -11.60% per year. And the median was 2.20% per year.
Back to Basics: PB Ratio
Heineken Malaysia Bhd (XKLS:3255) 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.
* 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 Beverages - Brewers subindustry, Heineken Malaysia 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.
Heineken Malaysia Bhd PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Malaysia Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Heineken Malaysia 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.
Heineken Malaysia Bhd (XKLS:3255) has a PB Ratio of 9.21 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 Heineken Malaysia Bhd and its competitors. This is 47% below median its historical median of 17.46. Over the past decade, Heineken Malaysia Bhd's PB Ratio has ranged from 9.20 to 27.36. According to the industry distribution chart, Heineken Malaysia Bhd ranks #192 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 93.7%.
Is Heineken Malaysia Bhd's PB Ratio too high?
Heineken Malaysia Bhd's current PB Ratio of 9.21 is 47% below median its 10-year median of 17.46. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 27.36. The Beverages - Alcoholic industry median PB Ratio is 1.66. Heineken Malaysia Bhd's value of 9.21 is 454.8% above this industry median. Based on the distribution chart, Heineken Malaysia Bhd ranks #192 out of 205 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Heineken Malaysia Bhd has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heineken Malaysia Bhd's PB Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Heineken Malaysia Bhd ranks #192 out of 205 companies for PB Ratio. This places Heineken Malaysia Bhd in the lower half of its industry. The industry median PB Ratio is 1.66. Heineken Malaysia Bhd's value of 9.21 is 454.8% above this benchmark. Historically, Heineken Malaysia Bhd's own PB Ratio has ranged from 9.20 to 27.36 over the past decade. While the company's 10-year median is 17.46 vs. the industry median of 1.66, Heineken Malaysia 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.66, based on 205 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. Heineken Malaysia Bhd's current PB Ratio of 9.21 is 454.8% 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 Heineken Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Malaysia Bhd's current PB Ratio is 9.21, which is 47% below median its own 10-year median of 17.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Heineken Malaysia Bhd (XKLS:3255) is currently considered Modestly Undervalued. The stock's GF Value™ is RM23.81, compared to a current price of RM19.36 — trading 18.7% below its estimated fair value. The current PB Ratio is 9.21, which is 47% below median its 10-year median of 17.46 and 454.8% above the Beverages - Alcoholic industry median of 1.66. Heineken Malaysia Bhd's overall GF Score™ is 92/100 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 Heineken Malaysia Bhd (XKLS:3255), the current PB Ratio is 9.21 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.
Is Heineken Malaysia Bhd (XKLS:3255) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken Malaysia Bhd stock appears to be undervalued.
The current stock price of RM19.36 is trading 18.7% below its estimated GF Value™ of RM23.81.
GuruFocus considers Heineken Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3255:
PB Ratio: 9.21 (47% below median its 10-year median of 17.46)
GF Value™: RM23.81 vs. price of RM19.36 (18.7% below fair value)
Industry Position: 454.8% above the Beverages - Alcoholic median (#192 of 205)
No single metric tells the full story. See the XKLS:3255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heineken Malaysia Bhd is engaged in the production, packaging, marketing, and distribution of beverages, mainly alcoholic. The portfolio of the company includes various brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand-inspired cider - Apple Fox Cider, Edelweiss, infused with juicy peach flavour, The premium Irish ale - Kilkenny, The real shandy - Anglia, and others.
92GF Score
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