SMRT Holdings Bhd (XKLS:0117) Cyclically Adjusted PB Ratio: 0.62 (As of Jul. 30, 2026) — 17% Above Median

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XKLS:0117 SMRT Holdings Bhd XKLS:0117
50 GF Score
Price RM0.19
GF Value RM0.29
Valuation Possible Value Trap
! 2 Warning Signs
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What is SMRT Holdings Bhd Cyclically Adjusted PB Ratio?

SMRT Holdings Bhd XKLS:0117 50 Cyclically Adjusted PB Ratio is 0.62 as of Jul. 30, 2026, which is 17% above its 10-year median of 0.53. GuruFocus rates XKLS:0117 with a GF Score™ of 50/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 160 Education companies, SMRT Holdings Bhd ranks better than 66.25% on this metric.

As of today (2026-07-30), SMRT Holdings Bhd's current share price is RM0.185. SMRT Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.30. SMRT Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.62.

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

XKLS:0117' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.53   Max: 4.12
Current: 0.65

During the past years, SMRT Holdings Bhd's highest Cyclically Adjusted PB Ratio was 4.12. The lowest was 0.13. And the median was 0.53.

XKLS:0117's Cyclically Adjusted PB Ratio is ranked better than
66.25% of 160 companies
in the Education industry
Industry Median: 1.16 vs XKLS:0117: 0.65

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.

SMRT Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.235. 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 RM0.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMRT Holdings Bhd  (XKLS:0117) 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.


SMRT Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


SMRT Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SMRT Holdings 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.

SMRT Holdings Bhd Cyclically Adjusted PB Ratio Chart

SMRT Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.34 0.43 2.87 2.97

SMRT Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.16 2.97 2.53 1.81 0.47

XKLS:0117 vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, SMRT Holdings 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.


SMRT Holdings Bhd Cyclically Adjusted PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, SMRT Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0117
50GF Score
SMRT Holdings Bhd XKLS:0117
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMRT Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.185/0.30
=0.62

* 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.

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

For example, SMRT Holdings 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)
=0.235/330.2130*330.2130
=0.235

Current CPI (Mar. 2026) = 330.2130.

SMRT Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.247 238.132 0.343
201606 0.232 241.018 0.318
201609 0.185 241.428 0.253
201612 0.116 241.432 0.159
201703 0.103 243.801 0.140
201706 0.099 244.955 0.133
201709 0.106 246.819 0.142
201712 0.404 246.524 0.541
201803 0.417 249.554 0.552
201806 0.380 251.989 0.498
201809 0.372 252.439 0.487
201812 0.378 251.233 0.497
201903 0.367 254.202 0.477
201906 0.352 256.143 0.454
201909 0.329 256.759 0.423
201912 0.281 256.974 0.361
202003 0.262 258.115 0.335
202006 0.254 257.797 0.325
202009 0.251 260.280 0.318
202012 0.264 260.474 0.335
202103 0.254 264.877 0.317
202106 0.258 271.696 0.314
202109 0.259 274.310 0.312
202112 0.252 278.802 0.298
202203 0.259 287.504 0.297
202206 0.265 296.311 0.295
202209 0.273 296.808 0.304
202212 0.265 296.797 0.295
202303 0.364 301.836 0.398
202309 0.109 307.789 0.117
202312 0.122 306.746 0.131
202403 0.138 312.332 0.146
202406 0.151 314.175 0.159
202409 0.167 315.301 0.175
202412 0.183 315.605 0.191
202503 0.198 319.799 0.204
202506 0.208 322.561 0.213
202509 0.222 324.800 0.226
202512 0.226 324.054 0.230
202603 0.235 330.213 0.235

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 0.62 mean?
SMRT Holdings Bhd (XKLS:0117) has a Cyclically Adjusted PB Ratio of 0.62 as of Jul. 30, 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 SMRT Holdings Bhd and its competitors. This is 17% above median its historical median of 0.53. Over the past decade, SMRT Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.13 to 4.12. According to the industry distribution chart, SMRT Holdings Bhd ranks #54 out of 160 companies in the Education industry, placing it in the top 33.7%.
Is SMRT Holdings Bhd's Cyclically Adjusted PB Ratio too high?
SMRT Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.62 is 17% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 4.12. The Education industry median Cyclically Adjusted PB Ratio is 1.16. SMRT Holdings Bhd's value of 0.62 is 46.6% below this industry median. Based on the distribution chart, SMRT Holdings Bhd ranks #54 out of 160 companies in the Education industry, which is above the industry midpoint. Overall, SMRT Holdings Bhd has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SMRT Holdings Bhd's Cyclically Adjusted PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, SMRT Holdings Bhd ranks #54 out of 160 companies for Cyclically Adjusted PB Ratio. This puts SMRT Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. SMRT Holdings Bhd's value of 0.62 is 46.6% below this benchmark. Historically, SMRT Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 4.12 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.16, SMRT Holdings 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 an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.16, based on 160 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. SMRT Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.62 is 46.6% 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 SMRT Holdings Bhd and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMRT Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.62, which is 17% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMRT Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, SMRT Holdings Bhd (XKLS:0117) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.19 — trading 36.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 17% above median its 10-year median of 0.53 and 46.6% below the Education industry median of 1.16. SMRT Holdings Bhd's overall GF Score™ is 50/100 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 SMRT Holdings Bhd (XKLS:0117), the current Cyclically Adjusted PB Ratio is 0.62 as of Jul. 30, 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 SMRT Holdings Bhd (XKLS:0117) Overvalued in 2026?

Based on GuruFocus' analysis, SMRT Holdings Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 36.2% below its estimated GF Value™ of RM0.29. GuruFocus considers SMRT Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0117:

  • Cyclically Adjusted PB Ratio: 0.62 (17% above median its 10-year median of 0.53)
  • GF Value™: RM0.29 vs. price of RM0.19 (36.2% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 46.6% below the Education median (#54 of 160)

No single metric tells the full story. See the XKLS:0117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMRT Holdings Bhd Business Description

Address University of Cyberjaya Campus, Level 8, Tower Block, Persiaran Bestari, Cyber 11, Cyberjaya, SGR, MYS, 63000
SMRT Holdings Bhd is a Malaysian company that is principally engaged in investment holding. The operating segments of the company are Investment Holding and Technology. The Technology segment provides software consultancy and development and its related services and hence it generates maximum revenue for the company. The company operates solely in Malaysia.
50GF Score

Get the complete analysis for XKLS:0117

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

RM0.19
Price
RM0.29
GF Value