Tex Cycle Technology (M) Bhd (XKLS:0089) Cyclically Adjusted PB Ratio: 1.78 (As of Jul. 25, 2026) — 16% Above Median

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XKLS:0089 Tex Cycle Technology (M) Bhd XKLS:0089
83 GF Score
Price RM1.00
GF Value RM1.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Tex Cycle Technology (M) Bhd Cyclically Adjusted PB Ratio?

Tex Cycle Technology (M) Bhd XKLS:0089 -0.50% 83 Cyclically Adjusted PB Ratio is 1.78 as of Jul. 25, 2026, which is 16% above its 10-year median of 1.54. GuruFocus rates XKLS:0089 with a GF Score™ of 83/100 and a GF Value™ of RM1.92 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 161 Waste Management companies, Tex Cycle Technology (M) Bhd ranks worse than 56.52% on this metric.

As of today (2026-07-25), Tex Cycle Technology (M) Bhd's current share price is RM0.995. Tex Cycle Technology (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.56. Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio for today is 1.78.

The historical rank and industry rank for Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:0089' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.54   Max: 3.09
Current: 1.81

During the past years, Tex Cycle Technology (M) Bhd's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 0.63. And the median was 1.54.

XKLS:0089's Cyclically Adjusted PB Ratio is ranked worse than
56.52% of 161 companies
in the Waste Management industry
Industry Median: 1.61 vs XKLS:0089: 1.81

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.

Tex Cycle Technology (M) Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.757. 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 RM0.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tex Cycle Technology (M) Bhd  (XKLS:0089) 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.


Tex Cycle Technology (M) Bhd Cyclically Adjusted PB Ratio Related Terms


Tex Cycle Technology (M) Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tex Cycle Technology (M) 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.

Tex Cycle Technology (M) Bhd Cyclically Adjusted PB Ratio Chart

Tex Cycle Technology (M) 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 1.54 1.00 1.53 2.27 1.95

Tex Cycle Technology (M) 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 1.63 1.83 1.92 1.95 1.88

XKLS:0089 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Tex Cycle Technology (M) 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.


Tex Cycle Technology (M) Bhd Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:0089
83GF Score
Tex Cycle Technology (M) Bhd XKLS:0089
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tex Cycle Technology (M) 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.

Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.995/0.56
=1.78

* 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.

Tex Cycle Technology (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tex Cycle Technology (M) 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)
=0.757/330.2130*330.2130
=0.757

Current CPI (Mar. 2026) = 330.2130.

Tex Cycle Technology (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.291 241.018 0.399
201609 0.300 241.428 0.410
201612 0.335 241.432 0.458
201703 0.345 243.801 0.467
201706 0.352 244.955 0.475
201709 0.367 246.819 0.491
201712 0.378 246.524 0.506
201803 0.387 249.554 0.512
201806 0.391 251.989 0.512
201809 0.402 252.439 0.526
201812 0.401 251.233 0.527
201903 0.407 254.202 0.529
201906 0.410 256.143 0.529
201909 0.418 256.759 0.538
201912 0.416 256.974 0.535
202003 0.415 258.115 0.531
202006 0.418 257.797 0.535
202009 0.424 260.280 0.538
202012 0.430 260.474 0.545
202103 0.438 264.877 0.546
202106 0.441 271.696 0.536
202109 0.448 274.310 0.539
202112 0.455 278.802 0.539
202203 0.460 287.504 0.528
202206 0.467 296.311 0.520
202209 0.475 296.808 0.528
202212 0.486 296.797 0.541
202303 0.492 301.836 0.538
202306 0.512 305.109 0.554
202309 0.517 307.789 0.555
202312 0.547 306.746 0.589
202403 0.581 312.332 0.614
202406 0.589 314.175 0.619
202409 0.656 315.301 0.687
202412 0.669 315.605 0.700
202503 0.677 319.799 0.699
202506 0.688 322.561 0.704
202509 0.698 324.800 0.710
202512 0.734 324.054 0.748
202603 0.757 330.213 0.757

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 1.78 mean?
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Cyclically Adjusted PB Ratio of 1.78 as of Jul. 25, 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 Tex Cycle Technology (M) Bhd and its competitors. This is 16% above median its historical median of 1.54. Over the past decade, Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio has ranged from 0.63 to 3.09. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #91 out of 161 companies in the Waste Management industry, placing it in the top 56.5%.
Is Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio too high?
Tex Cycle Technology (M) Bhd's current Cyclically Adjusted PB Ratio of 1.78 is 16% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.09. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.61. Tex Cycle Technology (M) Bhd's value of 1.78 is 10.6% above this industry median. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #91 out of 161 companies in the Waste Management industry, which is below the industry midpoint. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #91 out of 161 companies for Cyclically Adjusted PB Ratio. This places Tex Cycle Technology (M) Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Tex Cycle Technology (M) Bhd's value of 1.78 is 10.6% above this benchmark. Historically, Tex Cycle Technology (M) Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 3.09 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.61, Tex Cycle Technology (M) 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.61, based on 161 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. Tex Cycle Technology (M) Bhd's current Cyclically Adjusted PB Ratio of 1.78 is 10.6% 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Cyclically Adjusted PB Ratio is 1.78, which is 16% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.92, compared to a current price of RM1.00 — trading 48.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.78, which is 16% above median its 10-year median of 1.54 and 10.6% above the Waste Management industry median of 1.61. Tex Cycle Technology (M) Bhd's overall GF Score™ is 83/100 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current Cyclically Adjusted PB Ratio is 1.78 as of Jul. 25, 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 Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?

Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued. The current stock price of RM1.00 is trading 48.2% below its estimated GF Value™ of RM1.92. GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0089:

  • Cyclically Adjusted PB Ratio: 1.78 (16% above median its 10-year median of 1.54)
  • GF Value™: RM1.92 vs. price of RM1.00 (48.2% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 10.6% above the Waste Management median (#91 of 161)

No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tex Cycle Technology (M) Bhd Business Description

Address Lot 8942, Jalan Besar Telok Gong, Pelabuhan Klang, SGR, MYS, 42000
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
83GF Score

Get the complete analysis for XKLS:0089

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

RM1.00
Price
RM1.92
GF Value