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WCE Holdings Bhd (XKLS:3565) Cyclically Adjusted PB Ratio : 1.04 (As of May. 29, 2025)


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What is WCE Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2025-05-29), WCE Holdings Bhd's current share price is RM0.685. WCE Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM0.66. WCE Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.04.

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

XKLS:3565' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.73   Max: 1.7
Current: 1.05

During the past years, WCE Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.36. And the median was 0.73.

XKLS:3565's Cyclically Adjusted PB Ratio is ranked better than
52.33% of 1246 companies
in the Construction industry
Industry Median: 1.09 vs XKLS:3565: 1.05

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.

WCE Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2025 was RM0.290. 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 RM0.66 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


WCE Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WCE Holdings 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.

* Premium members only.

WCE Holdings Bhd Cyclically Adjusted PB Ratio Chart

WCE Holdings Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.48 0.58 1.46 1.14

WCE Holdings Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.46 1.26 1.20 1.16 1.14

Competitive Comparison of WCE Holdings Bhd's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, WCE Holdings 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.


WCE Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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WCE Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.685/0.66
=1.04

* 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.

WCE Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, WCE Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.29/134.9266*134.9266
=0.290

Current CPI (Mar. 2025) = 134.9266.

WCE Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.632 100.684 0.847
201509 0.647 100.392 0.870
201512 0.646 99.792 0.873
201603 0.648 100.470 0.870
201606 0.657 101.688 0.872
201609 0.666 101.861 0.882
201612 0.671 101.863 0.889
201703 0.653 102.862 0.857
201706 0.692 103.349 0.903
201709 0.699 104.136 0.906
201712 0.710 104.011 0.921
201803 0.678 105.290 0.869
201806 0.708 106.317 0.899
201809 0.709 106.507 0.898
201812 0.698 105.998 0.888
201903 0.698 107.251 0.878
201906 0.708 108.070 0.884
201909 0.699 108.329 0.871
201912 0.678 108.420 0.844
202003 0.890 108.902 1.103
202006 0.605 108.767 0.751
202009 0.588 109.815 0.722
202012 0.563 109.897 0.691
202103 0.471 111.754 0.569
202106 0.386 114.631 0.454
202109 0.367 115.734 0.428
202112 0.342 117.630 0.392
202203 0.339 121.301 0.377
202206 0.334 125.017 0.360
202209 0.320 125.227 0.345
202212 0.318 125.222 0.343
202303 0.371 127.348 0.393
202306 0.362 128.729 0.379
202309 0.354 129.860 0.368
202312 0.347 129.419 0.362
202403 0.326 131.776 0.334
202406 0.318 132.554 0.324
202409 0.314 133.029 0.318
202412 0.295 133.157 0.299
202503 0.290 134.927 0.290

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.


WCE Holdings Bhd  (XKLS:3565) 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.


WCE Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of WCE Holdings Bhd's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


WCE Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Meru/KU5, Pesisiran Pantai Barat, Pejabat Pengurusan Lebuhraya, Bandar Bukit Raja, Klang, SGR, MYS, 41050
WCE Holdings Bhd is an investment holding company. The company's segments include Toll concession, Construction, and Others. The majority of the company's revenue is generated from the Toll concession segment which is engaged in the business of construction, management, and tolling of highway operation. The construction segment is involved in the business of construction contracting and project management services, and the other segment is engaged in the business of leasing and investment holding. All of its activities are carried out in Malaysia.

WCE Holdings Bhd Headlines

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