GDEX Bhd (XKLS:0078) Cyclically Adjusted PB Ratio: 1.38 (As of Sep. 15, 2026) — 42% Below Median

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XKLS:0078 GDEX Bhd XKLS:0078
58 GF Score
Price RM0.14
GF Value RM0.18
Valuation Modestly Undervalued
! 2 Warning Signs
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What is GDEX Bhd Cyclically Adjusted PB Ratio?

GDEX Bhd XKLS:0078 +3.85% 58 Cyclically Adjusted PB Ratio is 1.38 as of Sep. 15, 2026, which is 42% below its 10-year median of 2.38. GuruFocus rates XKLS:0078 with a GF Score™ of 58/100 and a GF Value™ of RM0.18 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 698 Transportation companies, GDEX Bhd ranks worse than 53.3% on this metric.

As of today (2026-09-15), GDEX Bhd's current share price is RM0.135. GDEX Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.10. GDEX Bhd's Cyclically Adjusted PB Ratio for today is 1.38.

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

XKLS:0078' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.38   Max: 9
Current: 1.35

During the past years, GDEX Bhd's highest Cyclically Adjusted PB Ratio was 9.00. The lowest was 0.94. And the median was 2.38.

XKLS:0078's Cyclically Adjusted PB Ratio is ranked worse than
53.3% of 698 companies
in the Transportation industry
Industry Median: 1.27 vs XKLS:0078: 1.35

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.

GDEX Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.071. 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 RM0.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GDEX Bhd  (XKLS:0078) 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.


GDEX Bhd Cyclically Adjusted PB Ratio Related Terms


GDEX Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GDEX 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.

GDEX Bhd Cyclically Adjusted PB Ratio Chart

GDEX Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.96 0.00 0.00 0.00 0.00

GDEX Bhd Quarterly Data
Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.76 1.09 1.21 1.19 1.38

XKLS:0078 vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, GDEX 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.


GDEX Bhd Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


XKLS:0078
58GF Score
GDEX Bhd XKLS:0078
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDEX 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/0.098
=1.38

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.071/333.9520*333.9520
=0.071

Current CPI (Jun. 2026) = 333.9520.

GDEX Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201509 0.030 237.945 0.042
201512 0.032 236.525 0.045
201603 0.068 238.132 0.095
201606 0.070 241.018 0.097
201609 0.071 241.428 0.098
201612 0.073 241.432 0.101
201703 0.074 243.801 0.101
201706 0.076 244.955 0.104
201709 0.078 246.819 0.106
201712 0.079 246.524 0.107
201803 0.079 249.554 0.106
201806 0.080 251.989 0.106
201809 0.081 252.439 0.107
201812 0.091 251.233 0.121
201903 0.093 254.202 0.122
201906 0.085 256.143 0.111
201909 0.086 256.759 0.112
201912 0.087 256.974 0.113
202003 0.087 258.115 0.113
202006 0.088 257.797 0.114
202103 0.088 264.877 0.111
202109 0.090 274.310 0.110
202203 0.089 287.504 0.103
202206 0.089 296.311 0.100
202209 0.089 296.808 0.100
202212 0.088 296.797 0.099
202303 0.087 301.836 0.096
202306 0.085 305.109 0.093
202309 0.082 307.789 0.089
202312 0.079 306.746 0.086
202403 0.079 312.332 0.084
202406 0.077 314.175 0.082
202409 0.077 315.301 0.082
202412 0.078 315.605 0.083
202503 0.078 319.799 0.081
202506 0.075 322.561 0.078
202509 0.074 324.800 0.076
202512 0.073 324.054 0.075
202603 0.073 330.213 0.074
202606 0.071 333.952 0.071

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 1.38 mean?
GDEX Bhd (XKLS:0078) has a Cyclically Adjusted PB Ratio of 1.38 as of Sep. 15, 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 GDEX Bhd and its competitors. This is 42% below median its historical median of 2.38. Over the past decade, GDEX Bhd's Cyclically Adjusted PB Ratio has ranged from 0.94 to 9.00. According to the industry distribution chart, GDEX Bhd ranks #372 out of 698 companies in the Transportation industry, placing it in the top 53.3%.
Is GDEX Bhd's Cyclically Adjusted PB Ratio too high?
GDEX Bhd's current Cyclically Adjusted PB Ratio of 1.38 is 42% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 9.00. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. GDEX Bhd's value of 1.38 is 8.7% above this industry median. Based on the distribution chart, GDEX Bhd ranks #372 out of 698 companies in the Transportation industry, which is below the industry midpoint. Overall, GDEX Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDEX Bhd's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, GDEX Bhd ranks #372 out of 698 companies for Cyclically Adjusted PB Ratio. This places GDEX Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. GDEX Bhd's value of 1.38 is 8.7% above this benchmark. Historically, GDEX Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 9.00 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.27, GDEX Bhd has consistently been above 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 698 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. GDEX Bhd's current Cyclically Adjusted PB Ratio of 1.38 is 8.7% above 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 GDEX Bhd and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDEX Bhd's current Cyclically Adjusted PB Ratio is 1.38, which is 42% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDEX Bhd stock overvalued right now?
Based on GuruFocus' analysis, GDEX Bhd (XKLS:0078) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.14 — trading 25% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.38, which is 42% below median its 10-year median of 2.38 and 8.7% above the Transportation industry median of 1.27. GDEX Bhd's overall GF Score™ is 58/100 with 2 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 GDEX Bhd (XKLS:0078), the current Cyclically Adjusted PB Ratio is 1.38 as of Sep. 15, 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 GDEX Bhd (XKLS:0078) Overvalued in 2026?

Based on GuruFocus' analysis, GDEX Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 25% below its estimated GF Value™ of RM0.18. GuruFocus considers GDEX Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0078:

  • Cyclically Adjusted PB Ratio: 1.38 (42% below median its 10-year median of 2.38)
  • GF Value™: RM0.18 vs. price of RM0.14 (25% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 8.7% above the Transportation median (#372 of 698)

No single metric tells the full story. See the XKLS:0078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDEX Bhd Business Description

Address No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050
GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; Indonesia and Vietnam.
58GF Score

Get the complete analysis for XKLS:0078

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

RM0.14
Price
RM0.18
GF Value