Dagang NeXchange Bhd (XKLS:4456) Cyclically Adjusted PB Ratio: 1.00 (As of Jul. 30, 2026) — 21% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:4456 Dagang NeXchange Bhd XKLS:4456
48 GF Score
Price RM0.43
GF Value RM0.29
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Dagang NeXchange Bhd Cyclically Adjusted PB Ratio?

Dagang NeXchange Bhd XKLS:4456 48 Cyclically Adjusted PB Ratio is 1.00 as of Jul. 30, 2026, which is 21% below its 10-year median of 1.27. GuruFocus rates XKLS:4456 with a GF Score™ of 48/100 and a GF Value™ of RM0.29 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,583 Software companies, Dagang NeXchange Bhd ranks better than 72.58% on this metric.

As of today (2026-07-30), Dagang NeXchange Bhd's current share price is RM0.43. Dagang NeXchange Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.43. Dagang NeXchange Bhd's Cyclically Adjusted PB Ratio for today is 1.00.

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

XKLS:4456' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.27   Max: 5.52
Current: 1

During the past years, Dagang NeXchange Bhd's highest Cyclically Adjusted PB Ratio was 5.52. The lowest was 0.60. And the median was 1.27.

XKLS:4456's Cyclically Adjusted PB Ratio is ranked better than
72.58% of 1583 companies
in the Software industry
Industry Median: 2.25 vs XKLS:4456: 1.00

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.

Dagang NeXchange Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.389. 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 RM0.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dagang NeXchange Bhd  (XKLS:4456) 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.


Dagang NeXchange Bhd Cyclically Adjusted PB Ratio Related Terms


Dagang NeXchange Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dagang NeXchange 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.

Dagang NeXchange Bhd Cyclically Adjusted PB Ratio Chart

Dagang NeXchange Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 3.03 1.53 1.09 0.77

Dagang NeXchange Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.68 0.70 0.60 0.77 0.64

XKLS:4456 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Dagang NeXchange 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.


Dagang NeXchange Bhd Cyclically Adjusted PB Ratio vs Software Industry

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

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


XKLS:4456
48GF Score
Dagang NeXchange Bhd XKLS:4456
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dagang NeXchange 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.43/0.43
=1.00

* 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.

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

For example, Dagang NeXchange 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)
=0.389/330.2130*330.2130
=0.389

Current CPI (Mar. 2026) = 330.2130.

Dagang NeXchange Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.125 236.525 0.175
201603 0.132 238.132 0.183
201606 0.233 241.018 0.319
201609 0.213 241.428 0.291
201612 0.226 241.432 0.309
201703 0.240 243.801 0.325
201706 0.244 244.955 0.329
201709 0.246 246.819 0.329
201712 0.243 246.524 0.325
201803 0.247 249.554 0.327
201806 0.258 251.989 0.338
201809 0.260 252.439 0.340
201812 0.259 251.233 0.340
201903 0.264 254.202 0.343
201906 0.270 256.143 0.348
201909 0.272 256.759 0.350
201912 0.267 256.974 0.343
202003 0.277 258.115 0.354
202006 0.263 257.797 0.337
202009 0.258 260.280 0.327
202012 0.258 260.474 0.327
202103 0.276 264.877 0.344
202109 0.487 274.310 0.586
202112 0.508 278.802 0.602
202203 0.523 287.504 0.601
202206 0.588 296.311 0.655
202209 0.620 296.808 0.690
202212 0.611 296.797 0.680
202303 0.533 301.836 0.583
202306 0.569 305.109 0.616
202309 0.575 307.789 0.617
202403 0.585 312.332 0.618
202406 0.560 314.175 0.589
202409 0.513 315.301 0.537
202412 0.515 315.605 0.539
202503 0.495 319.799 0.511
202506 0.482 322.561 0.493
202509 0.484 324.800 0.492
202512 0.385 324.054 0.392
202603 0.389 330.213 0.389

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 1.00 mean?
Dagang NeXchange Bhd (XKLS:4456) has a Cyclically Adjusted PB Ratio of 1.00 as of Jul. 30, 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 Dagang NeXchange Bhd and its competitors. This is 21% below median its historical median of 1.27. Over the past decade, Dagang NeXchange Bhd's Cyclically Adjusted PB Ratio has ranged from 0.60 to 5.52. According to the industry distribution chart, Dagang NeXchange Bhd ranks #434 out of 1583 companies in the Software industry, placing it in the top 27.4%.
Is Dagang NeXchange Bhd's Cyclically Adjusted PB Ratio too high?
Dagang NeXchange Bhd's current Cyclically Adjusted PB Ratio of 1.00 is 21% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 5.52. The Software industry median Cyclically Adjusted PB Ratio is 2.25. Dagang NeXchange Bhd's value of 1.00 is 55.6% below this industry median. Based on the distribution chart, Dagang NeXchange Bhd ranks #434 out of 1583 companies in the Software industry, which is above the industry midpoint. Overall, Dagang NeXchange Bhd has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dagang NeXchange Bhd's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Dagang NeXchange Bhd ranks #434 out of 1583 companies for Cyclically Adjusted PB Ratio. This puts Dagang NeXchange Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. Dagang NeXchange Bhd's value of 1.00 is 55.6% below this benchmark. Historically, Dagang NeXchange Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 5.52 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.25, Dagang NeXchange 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.25, based on 1,583 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. Dagang NeXchange Bhd's current Cyclically Adjusted PB Ratio of 1.00 is 55.6% 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 Dagang NeXchange Bhd and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dagang NeXchange Bhd's current Cyclically Adjusted PB Ratio is 1.00, which is 21% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dagang NeXchange Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dagang NeXchange Bhd (XKLS:4456) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.43 — trading 48.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 21% below median its 10-year median of 1.27 and 55.6% below the Software industry median of 2.25. Dagang NeXchange Bhd's overall GF Score™ is 48/100 with 9 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 Dagang NeXchange Bhd (XKLS:4456), the current Cyclically Adjusted PB Ratio is 1.00 as of Jul. 30, 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 Dagang NeXchange Bhd (XKLS:4456) Overvalued in 2026?

Based on GuruFocus' analysis, Dagang NeXchange Bhd stock appears to be overvalued. The current stock price of RM0.43 is trading 48.3% above its estimated GF Value™ of RM0.29. GuruFocus considers Dagang NeXchange Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:4456:

  • Cyclically Adjusted PB Ratio: 1.00 (21% below median its 10-year median of 1.27)
  • GF Value™: RM0.29 vs. price of RM0.43 (48.3% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 55.6% below the Software median (#434 of 1583)

No single metric tells the full story. See the XKLS:4456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dagang NeXchange Bhd Business Description

Address Dagang Net Tower, Block 10 (A & B) Corporate Park, Star Central, Lingkaran, Cyberpoint Timur, Cyber 12, Cyberjaya, SGR, MYS, 63000
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, Information technology, Energy and Semiconductor. Corporate is in provision of corporate services to the entities within the group. Information technology which include Supply, delivery, installation, testing, commissioning and maintenance of IT hardware, development, management and B2G e-commerce. Energy includes providing upstream oil and gas exploration, production, sale of oil and gas related equipment and services, provision of engineering, technical support and energy related business. Key revenue is generated from Semiconductor segment which consists manufacturing of semiconductor wafers ,supplies multinational fables, sales of semiconductor related tools and others.
48GF Score

Get the complete analysis for XKLS:4456

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

RM0.43
Price
RM0.29
GF Value