Harbour-Link Group Bhd (XKLS:2062) Cyclically Adjusted PB Ratio: 0.79 (As of Aug. 01, 2026) — 22% Below Median

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XKLS:2062 Harbour-Link Group Bhd XKLS:2062
78 GF Score
Price RM1.28
GF Value RM1.39
Valuation Fairly Valued
! 1 Warning Sign
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What is Harbour-Link Group Bhd Cyclically Adjusted PB Ratio?

Harbour-Link Group Bhd XKLS:2062 78 Cyclically Adjusted PB Ratio is 0.79 as of Aug. 01, 2026, which is 22% below its 10-year median of 1.01. GuruFocus rates XKLS:2062 with a GF Score™ of 78/100 and a GF Value™ of RM1.39 (Fairly Valued). The stock has 1 warning sign investors should review. Among 737 Transportation companies, Harbour-Link Group Bhd ranks better than 71.91% on this metric.

As of today (2026-08-01), Harbour-Link Group Bhd's current share price is RM1.28. Harbour-Link Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.63. Harbour-Link Group Bhd's Cyclically Adjusted PB Ratio for today is 0.79.

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

XKLS:2062' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.01   Max: 1.71
Current: 0.79

During the past years, Harbour-Link Group Bhd's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.55. And the median was 1.01.

XKLS:2062's Cyclically Adjusted PB Ratio is ranked better than
71.91% of 737 companies
in the Transportation industry
Industry Median: 1.26 vs XKLS:2062: 0.79

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.

Harbour-Link Group Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM2.340. 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 RM1.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harbour-Link Group Bhd  (XKLS:2062) 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.


Harbour-Link Group Bhd Cyclically Adjusted PB Ratio Related Terms


Harbour-Link Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harbour-Link 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.

Harbour-Link Group Bhd Cyclically Adjusted PB Ratio Chart

Harbour-Link Group 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 1.17 1.11 1.00 1.20 0.88

Harbour-Link Group 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 0.93 0.88 1.04 0.95 0.81

XKLS:2062 vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Harbour-Link 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.


Harbour-Link Group Bhd Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Harbour-Link Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:2062
78GF Score
Harbour-Link Group Bhd XKLS:2062
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harbour-Link 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.

Harbour-Link Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.28/1.63
=0.79

* 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.

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

For example, Harbour-Link 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)
=2.34/330.2130*330.2130
=2.340

Current CPI (Mar. 2026) = 330.2130.

Harbour-Link Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.816 241.018 1.118
201609 0.838 241.428 1.146
201612 0.838 241.432 1.146
201703 0.842 243.801 1.140
201706 0.867 244.955 1.169
201709 0.892 246.819 1.193
201712 0.902 246.524 1.208
201803 0.914 249.554 1.209
201806 0.939 251.989 1.230
201809 0.968 252.439 1.266
201812 0.992 251.233 1.304
201903 0.987 254.202 1.282
201906 0.994 256.143 1.281
201909 1.016 256.759 1.307
201912 1.034 256.974 1.329
202003 1.042 258.115 1.333
202006 1.049 257.797 1.344
202009 1.073 260.280 1.361
202012 1.102 260.474 1.397
202103 1.129 264.877 1.407
202106 1.192 271.696 1.449
202109 1.236 274.310 1.488
202112 1.293 278.802 1.531
202203 1.377 287.504 1.582
202206 1.546 296.311 1.723
202209 1.648 296.808 1.833
202212 1.736 296.797 1.931
202303 1.792 301.836 1.960
202306 1.864 305.109 2.017
202309 1.905 307.789 2.044
202312 1.918 306.746 2.065
202403 1.949 312.332 2.061
202406 2.022 314.175 2.125
202409 2.080 315.301 2.178
202412 2.125 315.605 2.223
202503 2.160 319.799 2.230
202506 2.253 322.561 2.306
202509 2.317 324.800 2.356
202512 2.344 324.054 2.389
202603 2.340 330.213 2.340

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 0.79 mean?
Harbour-Link Group Bhd (XKLS:2062) has a Cyclically Adjusted PB Ratio of 0.79 as of Aug. 01, 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 Harbour-Link Group Bhd and its competitors. This is 22% below median its historical median of 1.01. Over the past decade, Harbour-Link Group Bhd's Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.71. According to the industry distribution chart, Harbour-Link Group Bhd ranks #207 out of 737 companies in the Transportation industry, placing it in the top 28.1%.
Is Harbour-Link Group Bhd's Cyclically Adjusted PB Ratio too high?
Harbour-Link Group Bhd's current Cyclically Adjusted PB Ratio of 0.79 is 22% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.71. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. Harbour-Link Group Bhd's value of 0.79 is 37.3% below this industry median. Based on the distribution chart, Harbour-Link Group Bhd ranks #207 out of 737 companies in the Transportation industry, which is above the industry midpoint. Overall, Harbour-Link Group Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harbour-Link Group Bhd's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Harbour-Link Group Bhd ranks #207 out of 737 companies for Cyclically Adjusted PB Ratio. This puts Harbour-Link Group Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Harbour-Link Group Bhd's value of 0.79 is 37.3% below this benchmark. Historically, Harbour-Link Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.71 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.26, Harbour-Link 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 737 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. Harbour-Link Group Bhd's current Cyclically Adjusted PB Ratio of 0.79 is 37.3% 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 Harbour-Link Group Bhd and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbour-Link Group Bhd's current Cyclically Adjusted PB Ratio is 0.79, which is 22% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbour-Link Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harbour-Link Group Bhd (XKLS:2062) is currently considered Fairly Valued. The stock's GF Value™ is RM1.39, compared to a current price of RM1.28 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 22% below median its 10-year median of 1.01 and 37.3% below the Transportation industry median of 1.26. Harbour-Link Group Bhd's overall GF Score™ is 78/100 with 1 warning sign 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 Harbour-Link Group Bhd (XKLS:2062), the current Cyclically Adjusted PB Ratio is 0.79 as of Aug. 01, 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 Harbour-Link Group Bhd (XKLS:2062) Overvalued in 2026?

Based on GuruFocus' analysis, Harbour-Link Group Bhd stock appears to be undervalued. The current stock price of RM1.28 is trading 7.9% below its estimated GF Value™ of RM1.39. GuruFocus considers Harbour-Link Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:2062:

  • Cyclically Adjusted PB Ratio: 0.79 (22% below median its 10-year median of 1.01)
  • GF Value™: RM1.39 vs. price of RM1.28 (7.9% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 37.3% below the Transportation median (#207 of 737)

No single metric tells the full story. See the XKLS:2062 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harbour-Link Group Bhd Business Description

Address Jalan Tun Ahmad Zaidi, Wisma Harbour, Parkcity Commerce Square, Bintulu, SWK, MYS, 97000
Harbour-Link Group Bhd is engaged in the provision of management services. It operates in six business segments: (i)Investment holding, (ii)Shipping and marine services, (iii)Integrated logistics, (iv)Machineries trading, (v)Engineering works, (vi)Property development. Geographically, all the operations have functioned through the region of Malaysia, Singapore, Brunei and Hong Kong/China. The company generates maximum revenue from the Shipping and Marine services segment.
78GF Score

Get the complete analysis for XKLS:2062

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

RM1.28
Price
RM1.39
GF Value