TechnoDex Bhd (XKLS:0132) Cyclically Adjusted PB Ratio: 0.70 (As of Jul. 24, 2026) — 30% Below Median

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What is TechnoDex Bhd Cyclically Adjusted PB Ratio?

TechnoDex Bhd XKLS:0132 Cyclically Adjusted PB Ratio is 0.70 as of Jul. 24, 2026, which is 30% below its 10-year median of 1.00. The stock has 2 warning signs investors should review. Among 1,591 Software companies, TechnoDex Bhd ranks better than 83.22% on this metric.

As of today (2026-07-24), TechnoDex Bhd's current share price is RM0.035. TechnoDex Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.05. TechnoDex Bhd's Cyclically Adjusted PB Ratio for today is 0.70.

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

XKLS:0132' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1   Max: 1.67
Current: 0.64

During the past years, TechnoDex Bhd's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.50. And the median was 1.00.

XKLS:0132's Cyclically Adjusted PB Ratio is ranked better than
83.22% of 1591 companies
in the Software industry
Industry Median: 2.26 vs XKLS:0132: 0.64

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.

TechnoDex Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.012. 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 RM0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TechnoDex Bhd  (XKLS:0132) 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.


TechnoDex Bhd Cyclically Adjusted PB Ratio Related Terms


TechnoDex Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TechnoDex 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.

TechnoDex Bhd Cyclically Adjusted PB Ratio Chart

TechnoDex Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.16 1.03 0.93 0.84

TechnoDex 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 0.82 0.84 0.69 0.54 0.55

XKLS:0132 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, TechnoDex 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.


TechnoDex Bhd Cyclically Adjusted PB Ratio vs Software Industry

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

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



TechnoDex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.035/0.05
=0.70

* 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.

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

For example, TechnoDex 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)
=0.012/330.2130*330.2130
=0.012

Current CPI (Mar. 2026) = 330.2130.

TechnoDex Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201601 0.068 236.916 0.095
201604 0.069 239.261 0.095
201607 0.079 240.628 0.108
201610 0.071 241.729 0.097
201701 0.071 242.839 0.097
201704 0.071 244.524 0.096
201707 0.072 244.786 0.097
201710 0.060 246.663 0.080
201801 0.080 247.867 0.107
201804 0.075 250.546 0.099
201807 0.074 252.006 0.097
201810 0.074 252.885 0.097
201901 0.071 251.712 0.093
201909 0.057 256.759 0.073
201912 0.055 256.974 0.071
202003 0.046 258.115 0.059
202006 0.040 257.797 0.051
202009 0.038 260.280 0.048
202012 0.038 260.474 0.048
202103 0.044 264.877 0.055
202106 0.041 271.696 0.050
202109 0.039 274.310 0.047
202112 0.036 278.802 0.043
202203 0.038 287.504 0.044
202206 0.034 296.311 0.038
202209 0.031 296.808 0.034
202212 0.029 296.797 0.032
202303 0.027 301.836 0.030
202306 0.024 305.109 0.026
202309 0.023 307.789 0.025
202312 0.021 306.746 0.023
202403 0.019 312.332 0.020
202406 0.016 314.175 0.017
202409 0.015 315.301 0.016
202412 0.013 315.605 0.014
202503 0.015 319.799 0.015
202506 0.014 322.561 0.014
202509 0.013 324.800 0.013
202512 0.012 324.054 0.012
202603 0.012 330.213 0.012

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 0.70 mean?
TechnoDex Bhd (XKLS:0132) has a Cyclically Adjusted PB Ratio of 0.70 as of Jul. 24, 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 TechnoDex Bhd and its competitors. This is 30% below median its historical median of 1.00. Over the past decade, TechnoDex Bhd's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.67. According to the industry distribution chart, TechnoDex Bhd ranks #267 out of 1591 companies in the Software industry, placing it in the top 16.8%.
Is TechnoDex Bhd's Cyclically Adjusted PB Ratio too high?
TechnoDex Bhd's current Cyclically Adjusted PB Ratio of 0.70 is 30% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.67. The Software industry median Cyclically Adjusted PB Ratio is 2.26. TechnoDex Bhd's value of 0.70 is 69% below this industry median. Based on the distribution chart, TechnoDex Bhd ranks #267 out of 1591 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does TechnoDex Bhd's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, TechnoDex Bhd ranks #267 out of 1591 companies for Cyclically Adjusted PB Ratio. This places TechnoDex Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.26. TechnoDex Bhd's value of 0.70 is 69% below this benchmark. Historically, TechnoDex Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.67 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 2.26, TechnoDex 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 2.26, based on 1,591 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. TechnoDex Bhd's current Cyclically Adjusted PB Ratio of 0.70 is 69% 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 TechnoDex Bhd and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TechnoDex Bhd's current Cyclically Adjusted PB Ratio is 0.70, which is 30% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechnoDex Bhd stock overvalued right now?
Based on GuruFocus' analysis, TechnoDex Bhd (XKLS:0132) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.04 — trading 61.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 30% below median its 10-year median of 1.00 and 69% below the Software industry median of 2.26. 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 TechnoDex Bhd (XKLS:0132), the current Cyclically Adjusted PB Ratio is 0.70 as of Jul. 24, 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.

TechnoDex Bhd Business Description

Address No. 2, Jalan Kerinchi, Unit E-07-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Kuala Lumpur, MYS, 59200
TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company's operating segment includes Application support and services and hardware, Manpower outsourcing, E-Commerce, and Others. The company generates maximum revenue from the Application support and services and hardware segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Philippines, Singapore, Thailand, and other Countries. Some of its services include ICT Professional Services, Big Data Solutions and Services, Payroll Processing Services, Cybersecurity Services, and others.