Tex Cycle Technology (M) Bhd (XKLS:0089) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:0089 Tex Cycle Technology (M) Bhd XKLS:0089
82 GF Score
Price RM0.97
GF Value RM2.28
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Tex Cycle Technology (M) Bhd Cyclically Adjusted PB Ratio?

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
Sep21 Dec21 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 1.83 1.92 1.95 1.88 0.00

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
82GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tex Cycle Technology (M) 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)
=0.725/333.9520*333.9520
=0.725

Current CPI (Jun. 2026) = 333.9520.

Tex Cycle Technology (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.300 241.428 0.415
201612 0.335 241.432 0.463
201703 0.345 243.801 0.473
201706 0.352 244.955 0.480
201709 0.367 246.819 0.497
201712 0.378 246.524 0.512
201803 0.387 249.554 0.518
201806 0.391 251.989 0.518
201809 0.402 252.439 0.532
201812 0.401 251.233 0.533
201903 0.407 254.202 0.535
201906 0.410 256.143 0.535
201909 0.418 256.759 0.544
201912 0.416 256.974 0.541
202003 0.415 258.115 0.537
202006 0.418 257.797 0.541
202009 0.424 260.280 0.544
202012 0.430 260.474 0.551
202103 0.438 264.877 0.552
202106 0.441 271.696 0.542
202109 0.448 274.310 0.545
202112 0.455 278.802 0.545
202203 0.460 287.504 0.534
202206 0.467 296.311 0.526
202209 0.475 296.808 0.534
202212 0.486 296.797 0.547
202303 0.492 301.836 0.544
202306 0.512 305.109 0.560
202309 0.517 307.789 0.561
202312 0.547 306.746 0.596
202403 0.581 312.332 0.621
202406 0.589 314.175 0.626
202409 0.656 315.301 0.695
202412 0.669 315.605 0.708
202503 0.677 319.799 0.707
202506 0.688 322.561 0.712
202509 0.698 324.800 0.718
202512 0.734 324.054 0.756
202603 0.757 330.213 0.766
202606 0.725 333.952 0.725

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.

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 RM0.97 is trading 57.5% below its estimated GF Value™ of RM2.28. GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0089:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM2.28 vs. price of RM0.97 (57.5% below fair value)
  • GF Score™: 82/100 with 5 warning signs

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.
82GF 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.

RM0.97
Price
RM2.28
GF Value