JF Technology Bhd (XKLS:0146) Cyclically Adjusted PB Ratio: 5.77 (As of Jul. 22, 2026) — 52% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:0146 JF Technology Bhd XKLS:0146
69 GF Score
Price RM0.64
GF Value RM1.15
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is JF Technology Bhd Cyclically Adjusted PB Ratio?

JF Technology Bhd XKLS:0146 +4.10% 69 Cyclically Adjusted PB Ratio is 5.77 as of Jul. 22, 2026, which is 52% below its 10-year median of 12.00. GuruFocus rates XKLS:0146 with a GF Score™ of 69/100 and a GF Value™ of RM1.15 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 735 Semiconductors companies, JF Technology Bhd ranks worse than 66.12% on this metric.

As of today (2026-07-22), JF Technology Bhd's current share price is RM0.635. JF Technology Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.11. JF Technology Bhd's Cyclically Adjusted PB Ratio for today is 5.77.

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

XKLS:0146' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.95   Med: 12   Max: 51.25
Current: 5.61

During the past years, JF Technology Bhd's highest Cyclically Adjusted PB Ratio was 51.25. The lowest was 3.95. And the median was 12.00.

XKLS:0146's Cyclically Adjusted PB Ratio is ranked worse than
66.12% of 735 companies
in the Semiconductors industry
Industry Median: 3.18 vs XKLS:0146: 5.61

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.

JF Technology Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.160. 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 RM0.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JF Technology Bhd  (XKLS:0146) 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.


JF Technology Bhd Cyclically Adjusted PB Ratio Related Terms


JF Technology Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JF Technology 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.

JF Technology Bhd Cyclically Adjusted PB Ratio Chart

JF Technology Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.59 11.72 12.25 10.30 4.94

JF Technology 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 5.49 4.94 4.59 4.47 4.13

XKLS:0146 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, JF Technology 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.


JF Technology Bhd Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


XKLS:0146
69GF Score
JF Technology Bhd XKLS:0146
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JF Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.635/0.11
=5.77

* 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.

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

For example, JF Technology 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)
=0.16/330.2130*330.2130
=0.160

Current CPI (Mar. 2026) = 330.2130.

JF Technology Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.029 241.018 0.040
201609 0.031 241.428 0.042
201612 0.032 241.432 0.044
201703 0.034 243.801 0.046
201706 0.036 244.955 0.049
201709 0.039 246.819 0.052
201712 0.037 246.524 0.050
201803 0.038 249.554 0.050
201806 0.034 251.989 0.045
201809 0.037 252.439 0.048
201812 0.038 251.233 0.050
201903 0.038 254.202 0.049
201906 0.037 256.143 0.048
201909 0.039 256.759 0.050
201912 0.040 256.974 0.051
202003 0.042 258.115 0.054
202006 0.046 257.797 0.059
202009 0.098 260.280 0.124
202012 0.122 260.474 0.155
202103 0.123 264.877 0.153
202106 0.127 271.696 0.154
202109 0.127 274.310 0.153
202112 0.137 278.802 0.162
202203 0.135 287.504 0.155
202206 0.139 296.311 0.155
202209 0.139 296.808 0.155
202212 0.142 296.797 0.158
202303 0.140 301.836 0.153
202306 0.142 305.109 0.154
202309 0.141 307.789 0.151
202312 0.142 306.746 0.153
202403 0.143 312.332 0.151
202406 0.144 314.175 0.151
202409 0.141 315.301 0.148
202412 0.140 315.605 0.146
202503 0.141 319.799 0.146
202506 0.142 322.561 0.145
202509 0.143 324.800 0.145
202512 0.157 324.054 0.160
202603 0.160 330.213 0.160

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 5.77 mean?
JF Technology Bhd (XKLS:0146) has a Cyclically Adjusted PB Ratio of 5.77 as of Jul. 22, 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 JF Technology Bhd and its competitors. This is 52% below median its historical median of 12.00. Over the past decade, JF Technology Bhd's Cyclically Adjusted PB Ratio has ranged from 3.95 to 51.25. According to the industry distribution chart, JF Technology Bhd ranks #486 out of 735 companies in the Semiconductors industry, placing it in the top 66.1%.
Is JF Technology Bhd's Cyclically Adjusted PB Ratio too high?
JF Technology Bhd's current Cyclically Adjusted PB Ratio of 5.77 is 52% below median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 51.25. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. JF Technology Bhd's value of 5.77 is 81.4% above this industry median. Based on the distribution chart, JF Technology Bhd ranks #486 out of 735 companies in the Semiconductors industry, which is below the industry midpoint. Overall, JF Technology Bhd has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JF Technology Bhd's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, JF Technology Bhd ranks #486 out of 735 companies for Cyclically Adjusted PB Ratio. This places JF Technology Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. JF Technology Bhd's value of 5.77 is 81.4% above this benchmark. Historically, JF Technology Bhd's own Cyclically Adjusted PB Ratio has ranged from 3.95 to 51.25 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 3.18, JF Technology 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 735 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. JF Technology Bhd's current Cyclically Adjusted PB Ratio of 5.77 is 81.4% 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 JF Technology Bhd and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JF Technology Bhd's current Cyclically Adjusted PB Ratio is 5.77, which is 52% below median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JF Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, JF Technology Bhd (XKLS:0146) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.15, compared to a current price of RM0.64 — trading 44.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.77, which is 52% below median its 10-year median of 12.00 and 81.4% above the Semiconductors industry median of 3.18. JF Technology Bhd's overall GF Score™ is 69/100 with 6 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 JF Technology Bhd (XKLS:0146), the current Cyclically Adjusted PB Ratio is 5.77 as of Jul. 22, 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 JF Technology Bhd (XKLS:0146) Overvalued in 2026?

Based on GuruFocus' analysis, JF Technology Bhd stock appears to be undervalued. The current stock price of RM0.64 is trading 44.8% below its estimated GF Value™ of RM1.15. GuruFocus considers JF Technology Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0146:

  • Cyclically Adjusted PB Ratio: 5.77 (52% below median its 10-year median of 12.00)
  • GF Value™: RM1.15 vs. price of RM0.64 (44.8% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 81.4% above the Semiconductors median (#486 of 735)

No single metric tells the full story. See the XKLS:0146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JF Technology Bhd Business Description

Address Lot 6, Jalan Teknologi 3/6, Taman Sains Selangor 1, Kota Damansara, Petaling Jaya, SGR, MYS, 47810
JF Technology Bhd is an investment holding company, which along with its subsidiaries, engages in the manufacturing, packaging, marketing, trading, and distribution of electronic products and components. Its products include integrated circuit test sockets, interconnects, and test solutions and equipment among other products for the semiconductor and electronics assembly markets. Geographically it derives maximum revenue from China and the rest from Malaysia, the United States, Singapore, Philippines, and other regions.
69GF Score

Get the complete analysis for XKLS:0146

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

RM0.64
Price
RM1.15
GF Value