Microlink Solutions Bhd (XKLS:0126) Cyclically Adjusted PB Ratio: 0.36 (As of Jul. 27, 2026) — 94% Below 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 Microlink Solutions Bhd Cyclically Adjusted PB Ratio?

Microlink Solutions Bhd XKLS:0126 -9.09% Cyclically Adjusted PB Ratio is 0.36 as of Jul. 27, 2026, which is 94% below its 10-year median of 5.95. The stock has 6 warning signs investors should review. Among 1,587 Software companies, Microlink Solutions Bhd ranks better than 89.22% on this metric.

As of today (2026-07-27), Microlink Solutions Bhd's current share price is RM0.05. Microlink Solutions Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.14. Microlink Solutions Bhd's Cyclically Adjusted PB Ratio for today is 0.36.

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

XKLS:0126' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 5.95   Max: 9.82
Current: 0.4

During the past years, Microlink Solutions Bhd's highest Cyclically Adjusted PB Ratio was 9.82. The lowest was 0.32. And the median was 5.95.

XKLS:0126's Cyclically Adjusted PB Ratio is ranked better than
89.22% of 1587 companies
in the Software industry
Industry Median: 2.24 vs XKLS:0126: 0.40

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.

Microlink Solutions Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.118. 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 RM0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Microlink Solutions Bhd  (XKLS:0126) 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.


Microlink Solutions Bhd Cyclically Adjusted PB Ratio Related Terms


Microlink Solutions Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Microlink Solutions 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.

Microlink Solutions Bhd Cyclically Adjusted PB Ratio Chart

Microlink Solutions Bhd Annual Data
Trend Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 7.96 6.35 7.45 2.65

Microlink Solutions 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 1.16 0.00 0.81 0.59 0.55

XKLS:0126 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Microlink Solutions 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.


Microlink Solutions Bhd Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Microlink Solutions Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Microlink Solutions 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/0.14
=0.36

* 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.

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

For example, Microlink Solutions 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)
=0.118/330.2130*330.2130
=0.118

Current CPI (Mar. 2026) = 330.2130.

Microlink Solutions Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.093 241.018 0.127
201609 0.111 241.428 0.152
201612 0.112 241.432 0.153
201703 0.119 243.801 0.161
201706 0.126 244.955 0.170
201709 0.127 246.819 0.170
201712 0.123 246.524 0.165
201803 0.045 249.554 0.060
201806 0.045 251.989 0.059
201809 0.045 252.439 0.059
201812 0.045 251.233 0.059
201903 0.028 254.202 0.036
201906 0.030 256.143 0.039
201909 0.026 256.759 0.033
201912 0.039 256.974 0.050
202003 0.053 258.115 0.068
202006 0.056 257.797 0.072
202009 0.062 260.280 0.079
202012 0.105 260.474 0.133
202103 0.124 264.877 0.155
202106 0.131 271.696 0.159
202109 0.140 274.310 0.169
202112 0.134 278.802 0.159
202203 0.189 287.504 0.217
202206 0.195 296.311 0.217
202209 0.197 296.808 0.219
202212 0.206 296.797 0.229
202303 0.211 301.836 0.231
202306 0.214 305.109 0.232
202309 0.214 307.789 0.230
202312 0.211 306.746 0.227
202403 0.186 312.332 0.197
202406 0.182 314.175 0.191
202409 0.103 315.301 0.108
202412 0.104 315.605 0.109
202503 0.100 319.799 0.103
202506 0.000 322.561 0.000
202509 0.120 324.800 0.122
202512 0.121 324.054 0.123
202603 0.118 330.213 0.118

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 0.36 mean?
Microlink Solutions Bhd (XKLS:0126) has a Cyclically Adjusted PB Ratio of 0.36 as of Jul. 27, 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 Microlink Solutions Bhd and its competitors. This is 94% below median its historical median of 5.95. Over the past decade, Microlink Solutions Bhd's Cyclically Adjusted PB Ratio has ranged from 0.32 to 9.82. According to the industry distribution chart, Microlink Solutions Bhd ranks #171 out of 1587 companies in the Software industry, placing it in the top 10.8%.
Is Microlink Solutions Bhd's Cyclically Adjusted PB Ratio too high?
Microlink Solutions Bhd's current Cyclically Adjusted PB Ratio of 0.36 is 94% below median its 10-year median of 5.95. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 9.82. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Microlink Solutions Bhd's value of 0.36 is 83.9% below this industry median. Based on the distribution chart, Microlink Solutions Bhd ranks #171 out of 1587 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Microlink Solutions Bhd's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Microlink Solutions Bhd ranks #171 out of 1587 companies for Cyclically Adjusted PB Ratio. This places Microlink Solutions Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.24. Microlink Solutions Bhd's value of 0.36 is 83.9% below this benchmark. Historically, Microlink Solutions Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 9.82 over the past decade. While the company's 10-year median is 5.95 vs. the industry median of 2.24, Microlink Solutions 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,587 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. Microlink Solutions Bhd's current Cyclically Adjusted PB Ratio of 0.36 is 83.9% 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 Microlink Solutions Bhd and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microlink Solutions Bhd's current Cyclically Adjusted PB Ratio is 0.36, which is 94% below median its own 10-year median of 5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microlink Solutions Bhd stock overvalued right now?
Based on GuruFocus' analysis, Microlink Solutions Bhd (XKLS:0126) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.18, compared to a current price of RM0.05 — trading 72.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 94% below median its 10-year median of 5.95 and 83.9% below the Software industry median of 2.24. 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 Microlink Solutions Bhd (XKLS:0126), the current Cyclically Adjusted PB Ratio is 0.36 as of Jul. 27, 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.

Microlink Solutions Bhd Business Description

Address Ho Hup Tower - Aurora Place, 2-08-01 - Level 8, Plaza Bukit Jalil, No 1, Persiaran Jalil 1, Bandar Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Microlink Solutions Bhd is engaged in investment holding and the provision of research and development on information technology solutions for the financial services industry. The Group operates through four segments: Financial Services, which provides business and technical services for financial institutions; Enterprise Solutions, which focuses on emerging technologies for enterprise; Distribution Services, which handles the distribution and maintenance of computer equipment and software; and Solution Delivery, which provides project and software solutions delivery services. The majority of revenue comes from Distribution Services, and the company operates in Malaysia and overseas, with the majority of its revenue derived from Malaysia.