PBS Bhd (XKLS:5231) Return-on-Tangible-Asset: -0.66% (As of Mar. 2026)

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What is PBS Bhd Return-on-Tangible-Asset?

PBS Bhd XKLS:5231 Return-on-Tangible-Asset is -0.66% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,095 Business Services companies, PBS Bhd ranks worse than 70.5% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. PBS Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM-0.85 Mil. PBS Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM128.92 Mil. Therefore, PBS Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.66%.

The historical rank and industry rank for PBS Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:5231' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.21   Med: 0.66   Max: 7.41
Current: 0.41

During the past 13 years, PBS Bhd's highest Return-on-Tangible-Asset was 7.41%. The lowest was -6.21%. And the median was 0.66%.

XKLS:5231's Return-on-Tangible-Asset is ranked worse than
70.5% of 1095 companies
in the Business Services industry
Industry Median: 3.97 vs XKLS:5231: 0.41

PBS Bhd  (XKLS:5231) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


PBS Bhd Return-on-Tangible-Asset Related Terms


PBS Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PBS Bhd's Return-on-Tangible-Asset 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.

PBS Bhd Return-on-Tangible-Asset Chart

PBS Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.41 5.34 -6.21 -0.05 0.68

PBS Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 0.26 12.57 1.52 -12.33 -0.66

XKLS:5231 vs CTAS, CPRT, ULS: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, PBS Bhd's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


PBS Bhd Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, PBS Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PBS Bhd's Return-on-Tangible-Asset falls into.



PBS Bhd Return-on-Tangible-Asset Calculation

PBS Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=0.931/( (143.765+131.956)/ 2 )
=0.931/137.8605
=0.68 %

PBS Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-0.848/( (131.956+125.885)/ 2 )
=-0.848/128.9205
=-0.66 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -0.66% mean?
PBS Bhd (XKLS:5231) has a Return-on-Tangible-Asset of -0.66% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PBS Bhd and its competitors. According to the industry distribution chart, PBS Bhd ranks #772 out of 1095 companies in the Business Services industry, placing it in the top 70.5%.
Is PBS Bhd's Return-on-Tangible-Asset too high?
PBS Bhd's current Return-on-Tangible-Asset is -0.66%. Based on the distribution chart, PBS Bhd ranks #772 out of 1095 companies in the Business Services industry, which is below the industry midpoint.
How does PBS Bhd's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PBS Bhd ranks #772 out of 1095 companies for Return-on-Tangible-Asset. This places PBS Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.97, based on 1,095 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PBS Bhd and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBS Bhd's current Return-on-Tangible-Asset is -0.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBS Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBS Bhd (XKLS:5231) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.10 — trading 66.7% above its estimated fair value. The current Return-on-Tangible-Asset is -0.66%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For PBS Bhd (XKLS:5231), the current Return-on-Tangible-Asset is -0.66% as of Mar. 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.

PBS Bhd Business Description

Address No. 9, Jalan Pemaju U1/15, Unit A-10-02, Level 10, Empire Tower Office, Empire Subang, Subang Jaya, SGR, MYS, 47500
PBS Bhd is engaged in the distribution of stationery and office products and investment holding. The Group operates mainly as a distributor for the Pelikan brand and distributes Pelikan-branded Fine Writing and Stationery in Malaysia, Singapore, China/Taiwan, Thailand and Greece. The Group is organised into two main geographical units: Rest of the World and Asia.