XOX Bhd (XKLS:0165) Cyclically Adjusted PB Ratio: 0.08 (As of Jul. 23, 2026) — 38% Below Median

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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.
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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.

XKLS:0165 XOX Bhd XKLS:0165
29 GF Score
Price RM0.19
GF Value RM0.28
Valuation Possible Value Trap
! 3 Warning Signs
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What is XOX Bhd Cyclically Adjusted PB Ratio?

XOX Bhd XKLS:0165 29 Cyclically Adjusted PB Ratio is 0.08 as of Jul. 23, 2026, which is 38% below its 10-year median of 0.13. GuruFocus rates XKLS:0165 with a GF Score™ of 29/100 and a GF Value™ of RM0.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 288 Telecommunication Services companies, XOX Bhd ranks better than 98.96% on this metric.

As of today (2026-07-23), XOX Bhd's current share price is RM0.185. XOX Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.45. XOX Bhd's Cyclically Adjusted PB Ratio for today is 0.08.

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

XKLS:0165' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.13   Max: 0.61
Current: 0.08

During the past years, XOX Bhd's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.05. And the median was 0.13.

XKLS:0165's Cyclically Adjusted PB Ratio is ranked better than
98.96% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.785 vs XKLS:0165: 0.08

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.

XOX Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.628. 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 RM2.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XOX Bhd  (XKLS:0165) 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.


XOX Bhd Cyclically Adjusted PB Ratio Related Terms


XOX Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XOX 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.

XOX Bhd Cyclically Adjusted PB Ratio Chart

XOX Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.18 0.14 0.07 0.11

XOX 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 0.17 0.11 0.11 0.09 0.06

XKLS:0165 vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, XOX 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.


XOX Bhd Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, XOX Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0165
29GF Score
XOX Bhd XKLS:0165
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XOX 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.185/2.45
=0.08

* 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.

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

For example, XOX 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)
=0.628/330.2130*330.2130
=0.628

Current CPI (Mar. 2026) = 330.2130.

XOX Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.302 238.132 5.965
201606 4.207 241.018 5.764
201609 4.121 241.428 5.636
201612 4.145 241.432 5.669
201703 3.931 243.801 5.324
201706 3.737 244.955 5.038
201709 3.519 246.819 4.708
201712 3.846 246.524 5.152
201803 3.753 249.554 4.966
201806 3.315 251.989 4.344
201809 -0.123 252.439 -0.161
201812 -0.156 251.233 -0.205
201903 -0.146 254.202 -0.190
201909 0.000 256.759 0.000
201912 2.561 256.974 3.291
202003 2.443 258.115 3.125
202006 2.007 257.797 2.571
202009 2.534 260.280 3.215
202012 2.677 260.474 3.394
202103 2.559 264.877 3.190
202106 2.301 271.696 2.797
202109 2.258 274.310 2.718
202112 1.609 278.802 1.906
202203 1.616 287.504 1.856
202206 1.544 296.311 1.721
202209 1.376 296.808 1.531
202212 1.412 296.797 1.571
202303 1.417 301.836 1.550
202306 0.798 305.109 0.864
202309 0.950 307.789 1.019
202312 0.863 306.746 0.929
202403 0.725 312.332 0.767
202406 0.578 314.175 0.608
202409 0.882 315.301 0.924
202412 0.743 315.605 0.777
202503 0.709 319.799 0.732
202506 0.547 322.561 0.560
202509 0.724 324.800 0.736
202512 0.621 324.054 0.633
202603 0.628 330.213 0.628

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 0.08 mean?
XOX Bhd (XKLS:0165) has a Cyclically Adjusted PB Ratio of 0.08 as of Jul. 23, 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 XOX Bhd and its competitors. This is 38% below median its historical median of 0.13. Over the past decade, XOX Bhd's Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.61. According to the industry distribution chart, XOX Bhd ranks #3 out of 288 companies in the Telecommunication Services industry, placing it in the top 1%.
Is XOX Bhd's Cyclically Adjusted PB Ratio too high?
XOX Bhd's current Cyclically Adjusted PB Ratio of 0.08 is 38% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.61. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. XOX Bhd's value of 0.08 is 95.5% below this industry median. Based on the distribution chart, XOX Bhd ranks #3 out of 288 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, XOX Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XOX Bhd's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, XOX Bhd ranks #3 out of 288 companies for Cyclically Adjusted PB Ratio. This places XOX Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.79. XOX Bhd's value of 0.08 is 95.5% below this benchmark. Historically, XOX Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.61 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 1.79, XOX 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 288 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. XOX Bhd's current Cyclically Adjusted PB Ratio of 0.08 is 95.5% 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 XOX Bhd and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOX Bhd's current Cyclically Adjusted PB Ratio is 0.08, which is 38% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOX Bhd stock overvalued right now?
Based on GuruFocus' analysis, XOX Bhd (XKLS:0165) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.28, compared to a current price of RM0.19 — trading 33.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 38% below median its 10-year median of 0.13 and 95.5% below the Telecommunication Services industry median of 1.79. XOX Bhd's overall GF Score™ is 29/100 with 3 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 XOX Bhd (XKLS:0165), the current Cyclically Adjusted PB Ratio is 0.08 as of Jul. 23, 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 XOX Bhd (XKLS:0165) Overvalued in 2026?

Based on GuruFocus' analysis, XOX Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 33.9% below its estimated GF Value™ of RM0.28. GuruFocus considers XOX Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0165:

  • Cyclically Adjusted PB Ratio: 0.08 (38% below median its 10-year median of 0.13)
  • GF Value™: RM0.28 vs. price of RM0.19 (33.9% below fair value)
  • GF Score™: 29/100 with 3 warning signs
  • Industry Position: 95.5% below the Telecommunication Services median (#3 of 288)

No single metric tells the full story. See the XKLS:0165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XOX Bhd Business Description

Other Exchanges 0165PA.PFD:Malaysia
Address Number 8, Persiaran Tropicana, Menara Lien Hoe, Lot 17.1, Level 17, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
XOX Bhd is principally involved in investment holding. Along with its subsidiaries, the company is engaged in the business of providing telecommunication and mobile application-related services. The company's operating segments include (i) Provision of mobile telecommunication services and its related products, e-commerce services and digital advertising in Malaysia. (ii) Sports segment which involve in establishing, managing and controlling a football club. (iii) Investment holding which involve in investment in subsidiaries, associates and other investments. (iv) Other segments refer to non-core business activities of the company. The majority of the company's revenue is derived from the Mobile telecommunication services segment.
29GF Score

Get the complete analysis for XKLS:0165

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

RM0.19
Price
RM0.28
GF Value