RGB International Bhd (XKLS:0037) Cyclically Adjusted PB Ratio: 1.08 (As of Jul. 28, 2026) — 20% Below Median

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:0037 RGB International Bhd XKLS:0037
67 GF Score
Price RM0.21
GF Value RM0.20
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is RGB International Bhd Cyclically Adjusted PB Ratio?

RGB International Bhd XKLS:0037 -2.38% 67 Cyclically Adjusted PB Ratio is 1.08 as of Jul. 28, 2026, which is 20% below its 10-year median of 1.35. GuruFocus rates XKLS:0037 with a GF Score™ of 67/100 and a GF Value™ of RM0.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 647 Travel & Leisure companies, RGB International Bhd ranks better than 51.47% on this metric.

As of today (2026-07-28), RGB International Bhd's current share price is RM0.205. RGB International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.19. RGB International Bhd's Cyclically Adjusted PB Ratio for today is 1.08.

The historical rank and industry rank for RGB International Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:0037' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.35   Max: 2.91
Current: 1.13

During the past years, RGB International Bhd's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 0.75. And the median was 1.35.

XKLS:0037's Cyclically Adjusted PB Ratio is ranked better than
51.47% of 647 companies
in the Travel & Leisure industry
Industry Median: 1.19 vs XKLS:0037: 1.13

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.

RGB International Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.172. 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 RM0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RGB International Bhd  (XKLS:0037) 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.


RGB International Bhd Cyclically Adjusted PB Ratio Related Terms


RGB International Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RGB International 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.

RGB International Bhd Cyclically Adjusted PB Ratio Chart

RGB International Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.24 1.68 2.27 1.21

RGB International 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 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 2.22 1.69 1.43 1.21 1.16

XKLS:0037 vs FLUT, DKNG, SGHC: Cyclically Adjusted PB Ratio Comparison

For the Gambling subindustry, RGB International 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.


RGB International Bhd Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, RGB International Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0037
67GF Score
RGB International Bhd XKLS:0037
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RGB International Bhd Cyclically Adjusted PB Ratio Calculation

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.

RGB International Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.205/0.19
=1.08

* 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.

RGB International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, RGB International 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)
=0.172/330.2130*330.2130
=0.172

Current CPI (Mar. 2026) = 330.2130.

RGB International Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.116 241.018 0.159
201609 0.123 241.428 0.168
201612 0.134 241.432 0.183
201703 0.136 243.801 0.184
201706 0.133 244.955 0.179
201709 0.137 246.819 0.183
201712 0.137 246.524 0.184
201803 0.135 249.554 0.179
201806 0.136 251.989 0.178
201809 0.150 252.439 0.196
201812 0.153 251.233 0.201
201903 0.155 254.202 0.201
201906 0.161 256.143 0.208
201909 0.163 256.759 0.210
201912 0.169 256.974 0.217
202003 0.180 258.115 0.230
202006 0.166 257.797 0.213
202009 0.154 260.280 0.195
202012 0.146 260.474 0.185
202103 0.147 264.877 0.183
202106 0.147 271.696 0.179
202109 0.145 274.310 0.175
202112 0.144 278.802 0.171
202203 0.143 287.504 0.164
202206 0.147 296.311 0.164
202209 0.155 296.808 0.172
202212 0.154 296.797 0.171
202303 0.161 301.836 0.176
202306 0.186 305.109 0.201
202309 0.198 307.789 0.212
202312 0.164 306.746 0.177
202403 0.174 312.332 0.184
202406 0.180 314.175 0.189
202409 0.166 315.301 0.174
202412 0.180 315.605 0.188
202503 0.177 319.799 0.183
202506 0.175 322.561 0.179
202509 0.173 324.800 0.176
202512 0.169 324.054 0.172
202603 0.172 330.213 0.172

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

What does a Cyclically Adjusted PB Ratio of 1.08 mean?
RGB International Bhd (XKLS:0037) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 28, 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 RGB International Bhd and its competitors. This is 20% below median its historical median of 1.35. Over the past decade, RGB International Bhd's Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.91. According to the industry distribution chart, RGB International Bhd ranks #314 out of 647 companies in the Travel & Leisure industry, placing it in the top 48.5%.
Is RGB International Bhd's Cyclically Adjusted PB Ratio too high?
RGB International Bhd's current Cyclically Adjusted PB Ratio of 1.08 is 20% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.91. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. RGB International Bhd's value of 1.08 is 9.2% below this industry median. Based on the distribution chart, RGB International Bhd ranks #314 out of 647 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, RGB International Bhd has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RGB International Bhd's Cyclically Adjusted PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, RGB International Bhd ranks #314 out of 647 companies for Cyclically Adjusted PB Ratio. This puts RGB International Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. RGB International Bhd's value of 1.08 is 9.2% below this benchmark. Historically, RGB International Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.91 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.19, RGB International 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.19, based on 647 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. RGB International Bhd's current Cyclically Adjusted PB Ratio of 1.08 is 9.2% 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 RGB International Bhd and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RGB International Bhd's current Cyclically Adjusted PB Ratio is 1.08, which is 20% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RGB International Bhd stock overvalued right now?
Based on GuruFocus' analysis, RGB International Bhd (XKLS:0037) is currently considered Fairly Valued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.21 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 20% below median its 10-year median of 1.35 and 9.2% below the Travel & Leisure industry median of 1.19. RGB International Bhd's overall GF Score™ is 67/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For RGB International Bhd (XKLS:0037), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 28, 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 RGB International Bhd (XKLS:0037) Overvalued in 2026?

Based on GuruFocus' analysis, RGB International Bhd stock appears to be overvalued. The current stock price of RM0.21 is trading 2.5% above its estimated GF Value™ of RM0.20. GuruFocus considers RGB International Bhd to be Fairly Valued.

Key valuation signals for XKLS:0037:

  • Cyclically Adjusted PB Ratio: 1.08 (20% below median its 10-year median of 1.35)
  • GF Value™: RM0.20 vs. price of RM0.21 (2.5% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 9.2% below the Travel & Leisure median (#314 of 647)

No single metric tells the full story. See the XKLS:0037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RGB International Bhd Business Description

Address 8 Green Hall, George Town, PNG, MYS, 10200
RGB International Bhd is principally an investment holding company. The principal activities of the subsidiaries are mainly sales and marketing, technical support and management, and engineering service of gaming and amusement machines and equipment. It derives the majority of its revenue from the sales and marketing activities. Its geographic segments include Malaysia, Southeast Asia, South Asia, and Other countries, out of which the majority of the revenue is generated from Southeast Asia (excluding Malaysia). Its products and services are RGBGAMES, RGB Casino Products, Sales Support & Marketing, Technical Support & Management, Technical Support Services, Parts & Services, Refurbished Machines, and RGB Digital Store.
67GF Score

Get the complete analysis for XKLS:0037

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

RM0.21
Price
RM0.20
GF Value