GFM Services Bhd (XKLS:0039) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 29, 2026) — 57% Below Median

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XKLS:0039 GFM Services Bhd XKLS:0039
42 GF Score
Price RM0.18
GF Value RM0.29
Valuation Possible Value Trap
! 5 Warning Signs
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What is GFM Services Bhd Cyclically Adjusted PB Ratio?

GFM Services Bhd XKLS:0039 -2.70% 42 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 29, 2026, which is 57% below its 10-year median of 1.81. GuruFocus rates XKLS:0039 with a GF Score™ of 42/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 728 Business Services companies, GFM Services Bhd ranks better than 72.94% on this metric.

As of today (2026-07-29), GFM Services Bhd's current share price is RM0.18. GFM Services Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.23. GFM Services Bhd's Cyclically Adjusted PB Ratio for today is 0.78.

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

XKLS:0039' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.81   Max: 4.2
Current: 0.82

During the past years, GFM Services Bhd's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 0.20. And the median was 1.81.

XKLS:0039's Cyclically Adjusted PB Ratio is ranked better than
72.94% of 728 companies
in the Business Services industry
Industry Median: 1.56 vs XKLS:0039: 0.82

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.

GFM Services Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.302. 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 RM0.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GFM Services Bhd  (XKLS:0039) 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.


GFM Services Bhd Cyclically Adjusted PB Ratio Related Terms


GFM Services Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GFM Services 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.

GFM Services Bhd Cyclically Adjusted PB Ratio Chart

GFM Services 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 2.48 3.41 2.80 1.66 0.83

GFM Services 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 1.28 1.11 1.10 0.83 0.69

XKLS:0039 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, GFM Services 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.


GFM Services Bhd Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, GFM Services Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0039
42GF Score
GFM Services Bhd XKLS:0039
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GFM Services 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.

GFM Services Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18/0.23
=0.78

* 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.

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

For example, GFM Services 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)
=0.302/330.2130*330.2130
=0.302

Current CPI (Mar. 2026) = 330.2130.

GFM Services Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201602 -0.239 237.111 -0.333
201605 -0.256 240.229 -0.352
201611 -0.026 241.353 -0.036
201703 0.147 243.801 0.199
201706 0.139 244.955 0.187
201709 0.143 246.819 0.191
201712 0.152 246.524 0.204
201803 0.158 249.554 0.209
201806 0.169 251.989 0.221
201809 0.175 252.439 0.229
201812 0.205 251.233 0.269
201903 0.199 254.202 0.259
201906 0.207 256.143 0.267
201909 0.198 256.759 0.255
201912 0.209 256.974 0.269
202003 0.226 258.115 0.289
202006 0.225 257.797 0.288
202009 0.226 260.280 0.287
202012 0.220 260.474 0.279
202103 0.225 264.877 0.280
202106 0.230 271.696 0.280
202109 0.227 274.310 0.273
202112 0.227 278.802 0.269
202203 0.222 287.504 0.255
202206 0.234 296.311 0.261
202209 0.205 296.808 0.228
202212 0.236 296.797 0.263
202303 0.241 301.836 0.264
202306 0.246 305.109 0.266
202309 0.256 307.789 0.275
202312 0.265 306.746 0.285
202403 0.265 312.332 0.280
202406 0.272 314.175 0.286
202409 0.277 315.301 0.290
202412 0.281 315.605 0.294
202503 0.284 319.799 0.293
202506 0.289 322.561 0.296
202509 0.292 324.800 0.297
202512 0.294 324.054 0.300
202603 0.302 330.213 0.302

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 0.78 mean?
GFM Services Bhd (XKLS:0039) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 29, 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 GFM Services Bhd and its competitors. This is 57% below median its historical median of 1.81. Over the past decade, GFM Services Bhd's Cyclically Adjusted PB Ratio has ranged from 0.20 to 4.20. According to the industry distribution chart, GFM Services Bhd ranks #197 out of 728 companies in the Business Services industry, placing it in the top 27.1%.
Is GFM Services Bhd's Cyclically Adjusted PB Ratio too high?
GFM Services Bhd's current Cyclically Adjusted PB Ratio of 0.78 is 57% below median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 4.20. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. GFM Services Bhd's value of 0.78 is 50% below this industry median. Based on the distribution chart, GFM Services Bhd ranks #197 out of 728 companies in the Business Services industry, which is above the industry midpoint. Overall, GFM Services Bhd has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GFM Services Bhd's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, GFM Services Bhd ranks #197 out of 728 companies for Cyclically Adjusted PB Ratio. This puts GFM Services Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. GFM Services Bhd's value of 0.78 is 50% below this benchmark. Historically, GFM Services Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 4.20 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.56, GFM Services 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 728 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. GFM Services Bhd's current Cyclically Adjusted PB Ratio of 0.78 is 50% 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 GFM Services Bhd and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFM Services Bhd's current Cyclically Adjusted PB Ratio is 0.78, which is 57% below median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFM Services Bhd stock overvalued right now?
Based on GuruFocus' analysis, GFM Services Bhd (XKLS:0039) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.18 — trading 37.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 57% below median its 10-year median of 1.81 and 50% below the Business Services industry median of 1.56. GFM Services Bhd's overall GF Score™ is 42/100 with 5 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 GFM Services Bhd (XKLS:0039), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 29, 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 GFM Services Bhd (XKLS:0039) Overvalued in 2026?

Based on GuruFocus' analysis, GFM Services Bhd stock appears to be undervalued. The current stock price of RM0.18 is trading 37.9% below its estimated GF Value™ of RM0.29. GuruFocus considers GFM Services Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0039:

  • Cyclically Adjusted PB Ratio: 0.78 (57% below median its 10-year median of 1.81)
  • GF Value™: RM0.29 vs. price of RM0.18 (37.9% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 50% below the Business Services median (#197 of 728)

No single metric tells the full story. See the XKLS:0039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GFM Services Bhd Business Description

Address A-3A-1 Melawati Corporate Centre, Jalan Bandar Melawati, Taman Melawati, Kuala Lumpur, MYS, 53100
GFM Services Bhd is a preferred Facilities Management (FM) solutions provider. The company provides integrated facilities management (IFM) services across a diverse portfolio of asset classes. Its segments include Facilities management engaged in provision of facilities operations, maintenance and management and engineering services, consultancy and advisory; Concession arrangements engaged in construction and maintenance of facilities and infrastructure; Oil and gas services engaged in trading of chemical and oil products and providing engineering services; and Others including investment holding, fund raising, rendering group management and administrative services. It derives revenue from Facilities management segment.
42GF Score

Get the complete analysis for XKLS:0039

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

RM0.18
Price
RM0.29
GF Value