Midtown Group Bhd (XKLS:0177) Cyclically Adjusted PB Ratio: 0.02 (As of Jul. 24, 2026) — 33% Below Median

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What is Midtown Group Bhd Cyclically Adjusted PB Ratio?

Midtown Group Bhd XKLS:0177 Cyclically Adjusted PB Ratio is 0.02 as of Jul. 24, 2026, which is 33% below its 10-year median of 0.03. The stock has 7 warning signs investors should review. Among 1,363 Construction companies, Midtown Group Bhd ranks better than 99.71% on this metric.

As of today (2026-07-24), Midtown Group Bhd's current share price is RM0.08. Midtown Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM3.56. Midtown Group Bhd's Cyclically Adjusted PB Ratio for today is 0.02.

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

XKLS:0177' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.66
Current: 0.02

During the past years, Midtown Group Bhd's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.01. And the median was 0.03.

XKLS:0177's Cyclically Adjusted PB Ratio is ranked better than
99.71% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs XKLS:0177: 0.02

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.

Midtown Group Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.475. 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 RM3.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Midtown Group Bhd  (XKLS:0177) 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.


Midtown Group Bhd Cyclically Adjusted PB Ratio Related Terms


Midtown Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Midtown Group 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.

Midtown Group Bhd Cyclically Adjusted PB Ratio Chart

Midtown Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.05 0.03 0.04

Midtown Group 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 0.04 0.02 0.02 0.00 0.02

XKLS:0177 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Midtown Group 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.


Midtown Group Bhd Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Midtown Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Midtown Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/3.56
=0.02

* 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.

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

For example, Midtown Group 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)
=0.475/330.2130*330.2130
=0.475

Current CPI (Mar. 2026) = 330.2130.

Midtown Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.329 238.132 6.003
201606 5.113 241.018 7.005
201609 3.804 241.428 5.203
201612 4.140 241.432 5.662
201703 4.351 243.801 5.893
201706 5.225 244.955 7.044
201709 5.184 246.819 6.936
201712 5.207 246.524 6.975
201803 5.251 249.554 6.948
201806 5.236 251.989 6.861
201809 5.049 252.439 6.605
201812 4.717 251.233 6.200
201903 4.557 254.202 5.920
201906 4.488 256.143 5.786
201909 4.362 256.759 5.610
201912 4.019 256.974 5.164
202003 3.864 258.115 4.943
202006 3.759 257.797 4.815
202009 3.763 260.280 4.774
202012 2.426 260.474 3.076
202103 2.481 264.877 3.093
202106 2.487 271.696 3.023
202109 1.529 274.310 1.841
202112 1.173 278.802 1.389
202203 0.944 287.504 1.084
202206 0.876 296.311 0.976
202209 0.844 296.808 0.939
202212 0.864 296.797 0.961
202303 0.849 301.836 0.929
202309 0.816 307.789 0.875
202312 0.809 306.746 0.871
202403 0.773 312.332 0.817
202406 0.716 314.175 0.753
202409 0.718 315.301 0.752
202412 0.699 315.605 0.731
202503 0.668 319.799 0.690
202506 0.540 322.561 0.553
202509 0.526 324.800 0.535
202512 0.000 324.054 0.000
202603 0.475 330.213 0.475

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 0.02 mean?
Midtown Group Bhd (XKLS:0177) has a Cyclically Adjusted PB Ratio of 0.02 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 Midtown Group Bhd and its competitors. This is 33% below median its historical median of 0.03. Over the past decade, Midtown Group Bhd's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.66. According to the industry distribution chart, Midtown Group Bhd ranks #4 out of 1363 companies in the Construction industry, placing it in the top 0.3%.
Is Midtown Group Bhd's Cyclically Adjusted PB Ratio too high?
Midtown Group Bhd's current Cyclically Adjusted PB Ratio of 0.02 is 33% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.66. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Midtown Group Bhd's value of 0.02 is 98.3% below this industry median. Based on the distribution chart, Midtown Group Bhd ranks #4 out of 1363 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Midtown Group Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Midtown Group Bhd ranks #4 out of 1363 companies for Cyclically Adjusted PB Ratio. This places Midtown Group Bhd in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.17. Midtown Group Bhd's value of 0.02 is 98.3% below this benchmark. Historically, Midtown Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.66 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.17, Midtown Group 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,363 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. Midtown Group Bhd's current Cyclically Adjusted PB Ratio of 0.02 is 98.3% 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 Midtown Group Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midtown Group Bhd's current Cyclically Adjusted PB Ratio is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midtown Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Midtown Group Bhd (XKLS:0177) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.08 — trading 33.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.02, which is 33% below median its 10-year median of 0.03 and 98.3% below the Construction industry median of 1.17. 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 Midtown Group Bhd (XKLS:0177), the current Cyclically Adjusted PB Ratio is 0.02 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.

Midtown Group Bhd Business Description

Address No. 8, Persiaran Tropicana, Lot 13.2, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Midtown Group Bhd, formerly Pasukhas Group Bhd is engaged in the business of investment holding and the provision of management services. Its operating segments include Civil engineering and construction segment, Mechanical & Electrical Engineering Services, Renovation, Renewable Energy, and Investment Holdings and Others. The majority of the revenue for the company is generated from its Civil engineering and construction segment. Geographically, it operates predominantly in Malaysia.