Sersol Bhd (XKLS:0055) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 28, 2026) — 68% 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.

What is Sersol Bhd Cyclically Adjusted PB Ratio?

Sersol Bhd XKLS:0055 -14.29% Cyclically Adjusted PB Ratio is 0.60 as of Jul. 28, 2026, which is 68% below its 10-year median of 1.90. The stock has 2 warning signs investors should review. Among 1,270 Chemicals companies, Sersol Bhd ranks better than 79.61% on this metric.

As of today (2026-07-28), Sersol Bhd's current share price is RM0.03. Sersol Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.05. Sersol Bhd's Cyclically Adjusted PB Ratio for today is 0.60.

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

XKLS:0055' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.9   Max: 5.87
Current: 0.74

During the past years, Sersol Bhd's highest Cyclically Adjusted PB Ratio was 5.87. The lowest was 0.30. And the median was 1.90.

XKLS:0055's Cyclically Adjusted PB Ratio is ranked better than
79.61% of 1270 companies
in the Chemicals industry
Industry Median: 1.65 vs XKLS:0055: 0.74

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.

Sersol Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.024. 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 RM0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sersol Bhd  (XKLS:0055) 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.


Sersol Bhd Cyclically Adjusted PB Ratio Related Terms


Sersol Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sersol 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.

Sersol Bhd Cyclically Adjusted PB Ratio Chart

Sersol Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 4.28 4.38 2.60 0.61

Sersol Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.12 0.61 0.62 0.53 0.74

XKLS:0055 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Sersol 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.


Sersol Bhd Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sersol Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sersol 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.05
=0.60

* 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.

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

For example, Sersol 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)
=0.024/330.2130*330.2130
=0.024

Current CPI (Mar. 2026) = 330.2130.

Sersol Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.041 238.132 0.057
201606 0.040 241.018 0.055
201609 0.041 241.428 0.056
201612 0.040 241.432 0.055
201703 0.040 243.801 0.054
201706 0.039 244.955 0.053
201709 0.040 246.819 0.054
201712 0.042 246.524 0.056
201803 0.041 249.554 0.054
201806 0.040 251.989 0.052
201809 0.040 252.439 0.052
201812 0.040 251.233 0.053
201903 0.040 254.202 0.052
201906 0.039 256.143 0.050
201909 0.040 256.759 0.051
201912 0.039 256.974 0.050
202003 0.039 258.115 0.050
202006 0.038 257.797 0.049
202009 0.038 260.280 0.048
202012 0.039 260.474 0.049
202103 0.040 264.877 0.050
202106 0.040 271.696 0.049
202109 0.048 274.310 0.058
202112 0.049 278.802 0.058
202203 0.058 287.504 0.067
202206 0.063 296.311 0.070
202209 0.057 296.808 0.063
202212 0.036 296.797 0.040
202303 0.049 301.836 0.054
202306 0.043 305.109 0.047
202309 0.032 307.789 0.034
202312 0.032 306.746 0.034
202403 0.031 312.332 0.033
202409 0.029 315.301 0.030
202412 0.028 315.605 0.029
202503 0.026 319.799 0.027
202506 0.026 322.561 0.027
202509 0.025 324.800 0.025
202512 0.024 324.054 0.024
202603 0.024 330.213 0.024

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 0.60 mean?
Sersol Bhd (XKLS:0055) has a Cyclically Adjusted PB Ratio of 0.60 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 Sersol Bhd and its competitors. This is 68% below median its historical median of 1.90. Over the past decade, Sersol Bhd's Cyclically Adjusted PB Ratio has ranged from 0.30 to 5.87. According to the industry distribution chart, Sersol Bhd ranks #259 out of 1270 companies in the Chemicals industry, placing it in the top 20.4%.
Is Sersol Bhd's Cyclically Adjusted PB Ratio too high?
Sersol Bhd's current Cyclically Adjusted PB Ratio of 0.60 is 68% below median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 5.87. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Sersol Bhd's value of 0.60 is 63.6% below this industry median. Based on the distribution chart, Sersol Bhd ranks #259 out of 1270 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does Sersol Bhd's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sersol Bhd ranks #259 out of 1270 companies for Cyclically Adjusted PB Ratio. This places Sersol Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.65. Sersol Bhd's value of 0.60 is 63.6% below this benchmark. Historically, Sersol Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 5.87 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.65, Sersol 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,270 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. Sersol Bhd's current Cyclically Adjusted PB Ratio of 0.60 is 63.6% 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 Sersol Bhd and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sersol Bhd's current Cyclically Adjusted PB Ratio is 0.60, which is 68% below median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sersol Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sersol Bhd (XKLS:0055) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.03 — trading 40% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 68% below median its 10-year median of 1.90 and 63.6% below the Chemicals industry median of 1.65. 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 Sersol Bhd (XKLS:0055), the current Cyclically Adjusted PB Ratio is 0.60 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.

Sersol Bhd Business Description

Address No. 28, Jalan Canggih 1, Taman Perindustrian Cemerlang, Johor Darul Takzim, Ulu Tiram, JHR, MYS, 81800
Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The company operates through its geographical segment namely Malaysia and Thailand. Its Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. It derives a majority of revenue from Malaysia. There are three main operating segments, namely the plastic and metal coatings, decorative coatings segments and provision of money lending services.