Salutica Bhd (XKLS:0183) Cyclically Adjusted PB Ratio: 0.23 (As of Jul. 23, 2026) — 53% Below Median

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What is Salutica Bhd Cyclically Adjusted PB Ratio?

Salutica Bhd XKLS:0183 -10.00% Cyclically Adjusted PB Ratio is 0.23 as of Jul. 23, 2026, which is 53% below its 10-year median of 0.49. The stock has 3 warning signs investors should review. Among 1,980 Hardware companies, Salutica Bhd ranks better than 95.91% on this metric.

As of today (2026-07-23), Salutica Bhd's current share price is RM0.09. Salutica Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.40. Salutica Bhd's Cyclically Adjusted PB Ratio for today is 0.23.

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

XKLS:0183' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.49   Max: 1.52
Current: 0.21

During the past years, Salutica Bhd's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.21. And the median was 0.49.

XKLS:0183's Cyclically Adjusted PB Ratio is ranked better than
95.91% of 1980 companies
in the Hardware industry
Industry Median: 2.01 vs XKLS:0183: 0.21

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.

Salutica Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.098. 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 RM0.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salutica Bhd  (XKLS:0183) 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.


Salutica Bhd Cyclically Adjusted PB Ratio Related Terms


Salutica Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Salutica 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.

Salutica Bhd Cyclically Adjusted PB Ratio Chart

Salutica 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 0.00 0.00 0.00 0.00 0.50

Salutica 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 0.51 0.50 0.48 0.49 0.29

XKLS:0183 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Salutica 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.


Salutica Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

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

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



Salutica 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.09/0.40
=0.23

* 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.

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

For example, Salutica 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)
=0.098/330.2130*330.2130
=0.098

Current CPI (Mar. 2026) = 330.2130.

Salutica Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.399 241.018 0.547
201609 0.408 241.428 0.558
201612 0.429 241.432 0.587
201703 0.425 243.801 0.576
201706 0.425 244.955 0.573
201709 0.436 246.819 0.583
201712 0.445 246.524 0.596
201803 0.439 249.554 0.581
201806 0.431 251.989 0.565
201809 0.431 252.439 0.564
201812 0.427 251.233 0.561
201903 0.413 254.202 0.536
201906 0.405 256.143 0.522
201909 0.394 256.759 0.507
201912 0.388 256.974 0.499
202003 0.372 258.115 0.476
202006 0.367 257.797 0.470
202009 0.357 260.280 0.453
202012 0.347 260.474 0.440
202103 0.337 264.877 0.420
202106 0.342 271.696 0.416
202109 0.353 274.310 0.425
202112 0.350 278.802 0.415
202203 0.341 287.504 0.392
202206 0.346 296.311 0.386
202209 0.339 296.808 0.377
202212 0.330 296.797 0.367
202303 0.317 301.836 0.347
202306 0.279 305.109 0.302
202309 0.266 307.789 0.285
202312 0.249 306.746 0.268
202403 0.228 312.332 0.241
202406 0.177 314.175 0.186
202409 0.156 315.301 0.163
202412 0.141 315.605 0.148
202503 0.123 319.799 0.127
202506 0.136 322.561 0.139
202509 0.124 324.800 0.126
202512 0.111 324.054 0.113
202603 0.098 330.213 0.098

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 0.23 mean?
Salutica Bhd (XKLS:0183) has a Cyclically Adjusted PB Ratio of 0.23 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 Salutica Bhd and its competitors. This is 53% below median its historical median of 0.49. Over the past decade, Salutica Bhd's Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.52. According to the industry distribution chart, Salutica Bhd ranks #81 out of 1980 companies in the Hardware industry, placing it in the top 4.1%.
Is Salutica Bhd's Cyclically Adjusted PB Ratio too high?
Salutica Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 53% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.52. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. Salutica Bhd's value of 0.23 is 88.6% below this industry median. Based on the distribution chart, Salutica Bhd ranks #81 out of 1980 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does Salutica Bhd's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Salutica Bhd ranks #81 out of 1980 companies for Cyclically Adjusted PB Ratio. This places Salutica Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.01. Salutica Bhd's value of 0.23 is 88.6% below this benchmark. Historically, Salutica Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.52 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 2.01, Salutica 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.01, based on 1,980 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. Salutica Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 88.6% 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 Salutica Bhd and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salutica Bhd's current Cyclically Adjusted PB Ratio is 0.23, which is 53% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salutica Bhd stock overvalued right now?
Based on GuruFocus' analysis, Salutica Bhd (XKLS:0183) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.37, compared to a current price of RM0.09 — trading 75.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 53% below median its 10-year median of 0.49 and 88.6% below the Hardware industry median of 2.01. 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 Salutica Bhd (XKLS:0183), the current Cyclically Adjusted PB Ratio is 0.23 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.

Salutica Bhd Business Description

Address 3 Jalan Zarib 6, Kawasan Perindustrian Zarib, Lahat, Ipoh, PRK, MYS, 31500
Salutica Bhd is a investment holding company. Through its subsidiaries, it is into product design and development, and manufacturing of mobile communication products, wireless electronics, servers for data processing centers and lifestyle devices. It is also involved in the design, development, manufacturing, assembly, marketing and sales of Bluetooth related products under the brand name 'FOBO'. The company operates in Malaysia under one operating segment - Consumer Electronics. Geographically, it has presence in Europe, America, the Middle East, Asia, Africa and Oceania, generating the majority of revenue from America.