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.
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.
JAG BhdXKLS:0024 38 Cyclically Adjusted PB Ratio is 1.01 as of Jul. 30, 2026, which is 33% above its 10-year median of 0.76. GuruFocus rates XKLS:0024 with a GF Score™ of 38/100 and a GF Value™ of RM0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 160 Waste Management companies, JAG Bhd ranks better than 64.37% on this metric.
As of today (2026-07-30), JAG Bhd's current share price is RM0.355. JAG Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.35. JAG Bhd's Cyclically Adjusted PB Ratio for today is 1.01.
The historical rank and industry rank for JAG Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:
XKLS:0024'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.76 Max: 1.27
Current: 1.03
During the past years, JAG Bhd's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.32. And the median was 0.76.
XKLS:0024's Cyclically Adjusted PB Ratio is ranked better than 64.37% of 160
companies
in the Waste Management industry
Industry Median: 1.57
vs XKLS:0024: 1.03
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.
JAG Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.297. 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 RM0.35 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
JAG Bhd (XKLS:0024) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
JAG Bhd Cyclically Adjusted PB Ratio Related Terms
JAG Bhd Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for JAG Bhd's Cyclically Adjusted 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.
XKLS:0024 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison
For the Waste Management subindustry, JAG 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.
JAG Bhd Cyclically Adjusted PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, JAG Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where JAG Bhd's Cyclically Adjusted PB Ratio falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
JAG Bhd's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 1.01 mean?
JAG Bhd (XKLS:0024) has a Cyclically Adjusted PB Ratio of 1.01 as of Jul. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on JAG Bhd and its competitors. This is 33% above median its historical median of 0.76. Over the past decade, JAG Bhd's Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.27. According to the industry distribution chart, JAG Bhd ranks #57 out of 160 companies in the Waste Management industry, placing it in the top 35.6%.
Is JAG Bhd's Cyclically Adjusted PB Ratio too high?
JAG Bhd's current Cyclically Adjusted PB Ratio of 1.01 is 33% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.27. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.57. JAG Bhd's value of 1.01 is 35.7% below this industry median. Based on the distribution chart, JAG Bhd ranks #57 out of 160 companies in the Waste Management industry, which is above the industry midpoint. Overall, JAG Bhd has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JAG Bhd's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, JAG Bhd ranks #57 out of 160 companies for Cyclically Adjusted PB Ratio. This puts JAG Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. JAG Bhd's value of 1.01 is 35.7% below this benchmark. Historically, JAG Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.27 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.57, JAG 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 Cyclically Adjusted PB Ratio for a Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.57, based on 160 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JAG Bhd's current Cyclically Adjusted PB Ratio of 1.01 is 35.7% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on JAG Bhd and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JAG Bhd's current Cyclically Adjusted PB Ratio is 1.01, which is 33% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAG Bhd stock overvalued right now?
Based on GuruFocus' analysis, JAG Bhd (XKLS:0024) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.23, compared to a current price of RM0.36 — trading 54.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.01, which is 33% above median its 10-year median of 0.76 and 35.7% below the Waste Management industry median of 1.57. JAG Bhd's overall GF Score™ is 38/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For JAG Bhd (XKLS:0024), the current Cyclically Adjusted PB Ratio is 1.01 as of Jul. 30, 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 JAG Bhd (XKLS:0024) Overvalued in 2026?
Based on GuruFocus' analysis, JAG Bhd stock appears to be overvalued.
The current stock price of RM0.36 is trading 54.3% above its estimated GF Value™ of RM0.23.
GuruFocus considers JAG Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0024:
Cyclically Adjusted PB Ratio: 1.01 (33% above median its 10-year median of 0.76)
GF Value™: RM0.23 vs. price of RM0.36 (54.3% above fair value)
Industry Position: 35.7% below the Waste Management median (#57 of 160)
No single metric tells the full story. See the XKLS:0024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JAG Bhd is an investment holding company with five reportable segments: Manufacturing, Trading, Lifestyle and Services; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes the trading of ferrous and non-ferrous metals. Lifestyle and Services include operating a coin-operated laundry business. Property development includes buying, selling, and renting self-owned or leased real estate land, property development, and project management. It has operations in Malaysia, China, Japan, and Others.
38GF Score
Get the complete analysis for XKLS:0024
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0024 has been successfully added to your 
