Kobay Technology Bhd (XKLS:6971) PB Ratio: 2.09 (As of Jul. 02, 2026) — 94% Above Median


XKLS:6971 Kobay Technology Bhd XKLS:6971
71 GF Score
Price RM2.58
GF Value RM1.89
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kobay Technology Bhd PB Ratio?

Kobay Technology Bhd XKLS:6971 +0.78% 71 PB Ratio is 2.09 as of Jul. 02, 2026, which is 94% above its 10-year median of 1.08. GuruFocus rates XKLS:6971 with a GF Score™ of 71/100 and a GF Value™ of RM1.89 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,981 Industrial Products companies, Kobay Technology Bhd ranks better than 54.24% 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 (2026-07-02), Kobay Technology Bhd's share price is RM2.58. Kobay Technology Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM1.24. Hence, Kobay Technology Bhd's PB Ratio of today is 2.09.

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

XKLS:6971' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.08   Max: 8.67
Current: 2.09

During the past 13 years, Kobay Technology Bhd's highest PB Ratio was 8.67. The lowest was 0.56. And the median was 1.08.

XKLS:6971's PB Ratio is ranked better than
54.24% of 2981 companies
in the Industrial Products industry
Industry Median: 2.29 vs XKLS:6971: 2.09

During the past 12 months, Kobay Technology Bhd's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kobay Technology Bhd was 25.10% per year. The lowest was -0.40% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Kobay Technology Bhd  (XKLS:6971) 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.


Kobay Technology Bhd PB Ratio Related Terms


Kobay Technology Bhd PB Ratio Historical Data

* Premium members only.

The historical data trend for Kobay Technology 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.

Kobay Technology Bhd PB Ratio Chart

Kobay Technology Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 2.61 1.63 1.83 1.11

Kobay Technology Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.11 1.03 1.32 1.12

XKLS:6971 vs CRS, ATI, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, Kobay Technology 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.


Kobay Technology Bhd PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kobay Technology Bhd's PB Ratio falls into.


XKLS:6971
71GF Score
Kobay Technology Bhd XKLS:6971
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kobay Technology 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.

Kobay Technology Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.58/1.237
=2.09

* 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 2.09 mean?
Kobay Technology Bhd (XKLS:6971) has a PB Ratio of 2.09 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kobay Technology Bhd and its competitors. This is 94% above median its historical median of 1.08. Over the past decade, Kobay Technology Bhd's PB Ratio has ranged from 0.56 to 8.67. According to the industry distribution chart, Kobay Technology Bhd ranks #1364 out of 2981 companies in the Industrial Products industry, placing it in the top 45.8%.
Is Kobay Technology Bhd's PB Ratio too high?
Kobay Technology Bhd's current PB Ratio of 2.09 is 94% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 8.67. The Industrial Products industry median PB Ratio is 2.29. Kobay Technology Bhd's value of 2.09 is 8.7% below this industry median. Based on the distribution chart, Kobay Technology Bhd ranks #1364 out of 2981 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kobay Technology Bhd has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Kobay Technology Bhd ranks #1364 out of 2981 companies for PB Ratio. This puts Kobay Technology Bhd in the upper half of its industry. The industry median PB Ratio is 2.29. Kobay Technology Bhd's value of 2.09 is 8.7% below this benchmark. Historically, Kobay Technology Bhd's own PB Ratio has ranged from 0.56 to 8.67 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.29, Kobay Technology 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.29, based on 2,981 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. Kobay Technology Bhd's current PB Ratio of 2.09 is 8.7% 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 Kobay Technology Bhd and its competitors. For the Industrial Products industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobay Technology Bhd's current PB Ratio is 2.09, which is 94% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.89, compared to a current price of RM2.58 — trading 36.5% above its estimated fair value. The current PB Ratio is 2.09, which is 94% above median its 10-year median of 1.08 and 8.7% below the Industrial Products industry median of 2.29. Kobay Technology Bhd's overall GF Score™ is 71/100 with 5 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 Kobay Technology Bhd (XKLS:6971), the current PB Ratio is 2.09 as of Jul. 02, 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?

Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued. The current stock price of RM2.58 is trading 36.5% above its estimated GF Value™ of RM1.89. GuruFocus considers Kobay Technology Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:6971:

  • PB Ratio: 2.09 (94% above median its 10-year median of 1.08)
  • GF Value™: RM1.89 vs. price of RM2.58 (36.5% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 8.7% below the Industrial Products median (#1364 of 2981)

No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kobay Technology Bhd Business Description

Address No. 42-B Jalan Rangoon, 3rd Floor, Wisma Kobay, Georgetown, PNG, MYS, 10400
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
71GF Score

Get the complete analysis for XKLS:6971

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM2.58
Price
RM1.89
GF Value