Sycal Ventures Bhd (XKLS:9717) Cyclically Adjusted Book per Share: RM0.82 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:9717 Sycal Ventures Bhd XKLS:9717
32 GF Score
Price RM0.17
GF Value RM0.16
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Sycal Ventures Bhd Cyclically Adjusted Book per Share?

Sycal Ventures Bhd XKLS:9717 32 Cyclically Adjusted Book per Share is RM0.82 as of Mar. 2026. GuruFocus rates XKLS:9717 with a GF Score™ of 32/100 and a GF Value™ of RM0.16 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Sycal Ventures Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.679. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM0.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sycal Ventures Bhd's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sycal Ventures Bhd was 3.90% per year. The lowest was 1.20% per year. And the median was 1.70% per year.

As of today (2026-08-03), Sycal Ventures Bhd's current stock price is RM0.17. Sycal Ventures Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.82. Sycal Ventures Bhd's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sycal Ventures Bhd was 0.41. The lowest was 0.20. And the median was 0.23.


Sycal Ventures Bhd  (XKLS:9717) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Sycal Ventures Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.17/0.82
=0.21

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sycal Ventures Bhd was 0.41. The lowest was 0.20. And the median was 0.23.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sycal Ventures Bhd Cyclically Adjusted Book per Share Related Terms


Sycal Ventures Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sycal Ventures Bhd's Cyclically Adjusted Book per Share 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.

Sycal Ventures Bhd Cyclically Adjusted Book per Share Chart

Sycal Ventures Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.80 0.82 0.83 0.83

Sycal Ventures Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.83 0.83 0.82 0.81 0.82

XKLS:9717 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Sycal Ventures Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Sycal Ventures Bhd Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sycal Ventures Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sycal Ventures Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:9717
32GF Score
Sycal Ventures Bhd XKLS:9717
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sycal Ventures Bhd Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Sycal Ventures Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.679/330.2130*330.2130
=0.679

Current CPI (Mar. 2026) = 330.2130.

Sycal Ventures Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.751 241.018 1.029
201609 0.753 241.428 1.030
201612 0.759 241.432 1.038
201703 0.765 243.801 1.036
201706 0.767 244.955 1.034
201709 0.768 246.819 1.027
201712 0.729 246.524 0.976
201803 0.612 249.554 0.810
201806 0.653 251.989 0.856
201809 0.654 252.439 0.855
201812 0.655 251.233 0.861
201903 0.655 254.202 0.851
201906 0.656 256.143 0.846
201909 0.657 256.759 0.845
201912 0.665 256.974 0.855
202003 0.670 258.115 0.857
202006 0.670 257.797 0.858
202009 0.671 260.280 0.851
202012 0.669 260.474 0.848
202103 0.669 264.877 0.834
202106 0.667 271.696 0.811
202109 0.667 274.310 0.803
202112 0.668 278.802 0.791
202203 0.668 287.504 0.767
202206 0.669 296.311 0.746
202209 0.671 296.808 0.747
202212 0.672 296.797 0.748
202303 0.671 301.836 0.734
202306 0.672 305.109 0.727
202309 0.673 307.789 0.722
202312 0.673 306.746 0.724
202403 0.676 312.332 0.715
202406 0.677 314.175 0.712
202409 0.677 315.301 0.709
202412 0.677 315.605 0.708
202503 0.677 319.799 0.699
202506 0.679 322.561 0.695
202509 0.680 324.800 0.691
202512 0.680 324.054 0.693
202603 0.679 330.213 0.679

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of RM0.82 mean?
Sycal Ventures Bhd (XKLS:9717) has a Cyclically Adjusted Book per Share of RM0.82 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sycal Ventures Bhd and its competitors.
Is Sycal Ventures Bhd's Cyclically Adjusted Book per Share too high?
Sycal Ventures Bhd's current Cyclically Adjusted Book per Share is RM0.82. Overall, Sycal Ventures Bhd has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sycal Ventures Bhd's Cyclically Adjusted Book per Share compare to PWR and FIX?
Sycal Ventures Bhd's Cyclically Adjusted Book per Share of RM0.82 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sycal Ventures Bhd and its competitors. Sycal Ventures Bhd's current Cyclically Adjusted Book per Share is RM0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sycal Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sycal Ventures Bhd (XKLS:9717) is currently considered Fairly Valued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.17 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.82. Sycal Ventures Bhd's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Sycal Ventures Bhd (XKLS:9717), the current Cyclically Adjusted Book per Share is RM0.82 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.

Is Sycal Ventures Bhd (XKLS:9717) Overvalued in 2026?

Based on GuruFocus' analysis, Sycal Ventures Bhd stock appears to be overvalued. The current stock price of RM0.17 is trading 6.3% above its estimated GF Value™ of RM0.16. GuruFocus considers Sycal Ventures Bhd to be Fairly Valued.

Key valuation signals for XKLS:9717:

  • Cyclically Adjusted Book per Share: RM0.82
  • GF Value™: RM0.16 vs. price of RM0.17 (6.3% above fair value)
  • GF Score™: 32/100 with 6 warning signs

No single metric tells the full story. See the XKLS:9717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sycal Ventures Bhd Business Description

Address 4 1/2 Miles, Jalan Kelang Lama, Lot 4.21, 4th Floor, Plaza Prima, Kuala Lumpur, MYS, 58200
Sycal Ventures Bhd is an investment holding company. Through its subsidiaries, the company operates as a contactor for building and civil engineering, property development and operator of convention hall facilities and turnkey contractor and operator of theme park, property investment, contractor for management and operator of plant and machinery, manufacturing and trading in ready mix concrete. The company has three reporting segments: i) Construction: Civil and building construction works, ii) Property development and management: Property development, property management and consultancy, and iii) Manufacturing and trading: Manufacturing and trading in ready-mix concrete and trading in building materials. The majority of revenue is generated from the Manufacturing and trading segment.
32GF Score

Get the complete analysis for XKLS:9717

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.16
GF Value