HSS Engineers Bhd (XKLS:0185) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 23, 2026) — Near Median

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XKLS:0185 HSS Engineers Bhd XKLS:0185
64 GF Score
Price RM0.43
GF Value RM0.95
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is HSS Engineers Bhd Cyclically Adjusted PB Ratio?

HSS Engineers Bhd XKLS:0185 -1.15% 64 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 23, 2026, which is 3% above its 10-year median of 0.78. GuruFocus rates XKLS:0185 with a GF Score™ of 64/100 and a GF Value™ of RM0.95 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,363 Construction companies, HSS Engineers Bhd ranks better than 66.47% on this metric.

As of today (2026-07-23), HSS Engineers Bhd's current share price is RM0.43. HSS Engineers Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.54. HSS Engineers Bhd's Cyclically Adjusted PB Ratio for today is 0.80.

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

XKLS:0185' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 0.86
Current: 0.74

During the past years, HSS Engineers Bhd's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.62. And the median was 0.78.

XKLS:0185's Cyclically Adjusted PB Ratio is ranked better than
66.47% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs XKLS:0185: 0.74

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.

HSS Engineers Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.593. 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 RM0.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HSS Engineers Bhd  (XKLS:0185) 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.


HSS Engineers Bhd Cyclically Adjusted PB Ratio Related Terms


HSS Engineers Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HSS Engineers 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.

HSS Engineers Bhd Cyclically Adjusted PB Ratio Chart

HSS Engineers Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.74

HSS Engineers 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 0.00 0.00 0.00 0.74 0.56

XKLS:0185 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, HSS Engineers 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.


HSS Engineers Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:0185
64GF Score
HSS Engineers Bhd XKLS:0185
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HSS Engineers 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.43/0.54
=0.80

* 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.

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

For example, HSS Engineers 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)
=0.593/330.2130*330.2130
=0.593

Current CPI (Mar. 2026) = 330.2130.

HSS Engineers Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.177 241.018 0.243
201609 0.217 241.428 0.297
201612 0.239 241.432 0.327
201703 0.249 243.801 0.337
201706 0.252 244.955 0.340
201709 0.260 246.819 0.348
201712 0.271 246.524 0.363
201803 0.639 249.554 0.846
201806 0.653 251.989 0.856
201809 0.671 252.439 0.878
201812 0.429 251.233 0.564
201903 0.430 254.202 0.559
201906 0.424 256.143 0.547
201909 0.426 256.759 0.548
201912 0.432 256.974 0.555
202003 0.436 258.115 0.558
202006 0.442 257.797 0.566
202009 0.447 260.280 0.567
202012 0.454 260.474 0.576
202103 0.458 264.877 0.571
202106 0.461 271.696 0.560
202109 0.461 274.310 0.555
202112 0.460 278.802 0.545
202203 0.465 287.504 0.534
202206 0.473 296.311 0.527
202209 0.483 296.808 0.537
202212 0.490 296.797 0.545
202303 0.499 301.836 0.546
202306 0.501 305.109 0.542
202309 0.511 307.789 0.548
202312 0.522 306.746 0.562
202403 0.546 312.332 0.577
202406 0.539 314.175 0.567
202409 0.553 315.301 0.579
202412 0.574 315.605 0.601
202503 0.577 319.799 0.596
202506 0.590 322.561 0.604
202509 0.586 324.800 0.596
202512 0.586 324.054 0.597
202603 0.593 330.213 0.593

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 0.80 mean?
HSS Engineers Bhd (XKLS:0185) has a Cyclically Adjusted PB Ratio of 0.80 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 HSS Engineers Bhd and its competitors. This is near median its historical median of 0.78. Over the past decade, HSS Engineers Bhd's Cyclically Adjusted PB Ratio has ranged from 0.62 to 0.86. According to the industry distribution chart, HSS Engineers Bhd ranks #457 out of 1363 companies in the Construction industry, placing it in the top 33.5%.
Is HSS Engineers Bhd's Cyclically Adjusted PB Ratio too high?
HSS Engineers Bhd's current Cyclically Adjusted PB Ratio of 0.80 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.86. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. HSS Engineers Bhd's value of 0.80 is 31.6% below this industry median. Based on the distribution chart, HSS Engineers Bhd ranks #457 out of 1363 companies in the Construction industry, which is above the industry midpoint. Overall, HSS Engineers Bhd has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HSS Engineers Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, HSS Engineers Bhd ranks #457 out of 1363 companies for Cyclically Adjusted PB Ratio. This puts HSS Engineers Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. HSS Engineers Bhd's value of 0.80 is 31.6% below this benchmark. Historically, HSS Engineers Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 0.86 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.17, HSS Engineers 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. HSS Engineers Bhd's current Cyclically Adjusted PB Ratio of 0.80 is 31.6% 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 HSS Engineers 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. HSS Engineers Bhd's current Cyclically Adjusted PB Ratio is 0.80, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSS Engineers Bhd stock overvalued right now?
Based on GuruFocus' analysis, HSS Engineers Bhd (XKLS:0185) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.95, compared to a current price of RM0.43 — trading 54.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is near median its 10-year median of 0.78 and 31.6% below the Construction industry median of 1.17. HSS Engineers Bhd's overall GF Score™ is 64/100 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 HSS Engineers Bhd (XKLS:0185), the current Cyclically Adjusted PB Ratio is 0.80 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 HSS Engineers Bhd (XKLS:0185) Overvalued in 2026?

Based on GuruFocus' analysis, HSS Engineers Bhd stock appears to be undervalued. The current stock price of RM0.43 is trading 54.7% below its estimated GF Value™ of RM0.95. GuruFocus considers HSS Engineers Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0185:

  • Cyclically Adjusted PB Ratio: 0.80 (near median its 10-year median of 0.78)
  • GF Value™: RM0.95 vs. price of RM0.43 (54.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 31.6% below the Construction median (#457 of 1363)

No single metric tells the full story. See the XKLS:0185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HSS Engineers Bhd Business Description

Address No. 21, Jalan 5/106 Bandar Sri Permaisuri, B1 (1-4), Block B, Plaza Dwitasik, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 56000
HSS Engineers Bhd through its subsidiaries is engaged in providing engineering and project management services including engineering design, project management, construction supervision, recurring income and digital transformation services. The company projects include airports, bridge, buildings and township, drainage and irrigation, industrial and power plant, ports, railways, roads and highway and other projects.
64GF Score

Get the complete analysis for XKLS:0185

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

RM0.43
Price
RM0.95
GF Value