Propel Global Bhd (XKLS:0091) Cyclically Adjusted PB Ratio: 1.63 (As of Jul. 25, 2026) — Near 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 Propel Global Bhd Cyclically Adjusted PB Ratio?

Propel Global Bhd XKLS:0091 -7.14% Cyclically Adjusted PB Ratio is 1.63 as of Jul. 25, 2026, which is 7% below its 10-year median of 1.75. The stock has 5 warning signs investors should review. Among 1,363 Construction companies, Propel Global Bhd ranks worse than 64.56% on this metric.

As of today (2026-07-25), Propel Global Bhd's current share price is RM0.065. Propel Global Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.04. Propel Global Bhd's Cyclically Adjusted PB Ratio for today is 1.63.

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

XKLS:0091' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 1.75   Max: 2.75
Current: 1.55

During the past years, Propel Global Bhd's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 0.06. And the median was 1.75.

XKLS:0091's Cyclically Adjusted PB Ratio is ranked worse than
64.56% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs XKLS:0091: 1.55

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.

Propel Global Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.097. 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 RM0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Propel Global Bhd  (XKLS:0091) 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.


Propel Global Bhd Cyclically Adjusted PB Ratio Related Terms


Propel Global Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Propel Global 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.

Propel Global Bhd Cyclically Adjusted PB Ratio Chart

Propel Global Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 1.34 2.31 2.05 1.98

Propel Global 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 1.88 1.98 1.57 1.58 1.43

XKLS:0091 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Propel Global 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.


Propel Global Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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



Propel Global 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.04
=1.63

* 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.

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

For example, Propel Global 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)
=0.097/330.2130*330.2130
=0.097

Current CPI (Mar. 2026) = 330.2130.

Propel Global Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.150 236.525 0.209
201603 0.139 238.132 0.193
201606 0.140 241.018 0.192
201609 0.120 241.428 0.164
201612 0.026 241.432 0.036
201703 0.026 243.801 0.035
201706 0.030 244.955 0.040
201709 0.027 246.819 0.036
201712 0.006 246.524 0.008
201803 0.007 249.554 0.009
201806 -0.001 251.989 -0.001
201809 -0.015 252.439 -0.020
201812 -0.074 251.233 -0.097
201903 -0.075 254.202 -0.097
201906 -0.081 256.143 -0.104
201909 -0.057 256.759 -0.073
202003 -0.098 258.115 -0.125
202009 -0.101 260.280 -0.128
202012 -0.104 260.474 -0.132
202103 -0.108 264.877 -0.135
202106 -0.107 271.696 -0.130
202109 -0.109 274.310 -0.131
202112 -0.110 278.802 -0.130
202203 -0.121 287.504 -0.139
202206 0.124 296.311 0.138
202209 0.129 296.808 0.144
202212 0.133 296.797 0.148
202303 0.135 301.836 0.148
202306 0.137 305.109 0.148
202309 0.138 307.789 0.148
202312 0.137 306.746 0.147
202403 0.136 312.332 0.144
202406 0.147 314.175 0.155
202409 0.141 315.301 0.148
202412 0.136 315.605 0.142
202503 0.133 319.799 0.137
202506 0.123 322.561 0.126
202509 0.116 324.800 0.118
202512 0.108 324.054 0.110
202603 0.097 330.213 0.097

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 1.63 mean?
Propel Global Bhd (XKLS:0091) has a Cyclically Adjusted PB Ratio of 1.63 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 Propel Global Bhd and its competitors. This is near median its historical median of 1.75. Over the past decade, Propel Global Bhd's Cyclically Adjusted PB Ratio has ranged from 0.06 to 2.75. According to the industry distribution chart, Propel Global Bhd ranks #880 out of 1363 companies in the Construction industry, placing it in the top 64.6%.
Is Propel Global Bhd's Cyclically Adjusted PB Ratio too high?
Propel Global Bhd's current Cyclically Adjusted PB Ratio of 1.63 is near median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.75. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Propel Global Bhd's value of 1.63 is 39.3% above this industry median. Based on the distribution chart, Propel Global Bhd ranks #880 out of 1363 companies in the Construction industry, which is below the industry midpoint.
How does Propel Global Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Propel Global Bhd ranks #880 out of 1363 companies for Cyclically Adjusted PB Ratio. This places Propel Global Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Propel Global Bhd's value of 1.63 is 39.3% above this benchmark. Historically, Propel Global Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 2.75 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.17, Propel Global 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,363 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. Propel Global Bhd's current Cyclically Adjusted PB Ratio of 1.63 is 39.3% 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 Propel Global Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Propel Global Bhd's current Cyclically Adjusted PB Ratio is 1.63, which is near median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Propel Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Propel Global Bhd (XKLS:0091) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.63, which is near median its 10-year median of 1.75 and 39.3% above the Construction industry median of 1.17. 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 Propel Global Bhd (XKLS:0091), the current Cyclically Adjusted PB Ratio is 1.63 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.

Propel Global Bhd Business Description

Address Jalan Bangsar, Level 12, Mercu 3, KL Eco City, Kuala Lumpur, MYS, 59200
Propel Global Bhd is an investment holding company. It is engaged in three business segments: Oil & Gas (O&G): Supply of speciality chemicals and catalysts, provision of heavy machineries and related manpower services, Technical Services (TS): Provision of services in the industrial, commercial and residential construction and office maintenance., and Information and Communications Technology (ICT): Provision of ICT services and related activities and trading in ICT hardware, software and spare parts. The majority of revenue is generated from the Oil & Gas segment. Geographically, it derives maximum revenue from Malaysia.