Epicon Bhd (XKLS:4847) Cyclically Adjusted PB Ratio: 3.90 (As of Jul. 25, 2026) — 215% Above Median

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XKLS:4847 Epicon Bhd XKLS:4847
45 GF Score
Price RM0.20
GF Value RM0.24
Valuation Modestly Undervalued
! 13 Warning Signs
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What is Epicon Bhd Cyclically Adjusted PB Ratio?

Epicon Bhd XKLS:4847 -2.50% 45 Cyclically Adjusted PB Ratio is 3.90 as of Jul. 25, 2026, which is 215% above its 10-year median of 1.24. GuruFocus rates XKLS:4847 with a GF Score™ of 45/100 and a GF Value™ of RM0.24 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 1,363 Construction companies, Epicon Bhd ranks worse than 82.47% on this metric.

As of today (2026-07-25), Epicon Bhd's current share price is RM0.195. Epicon Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.05. Epicon Bhd's Cyclically Adjusted PB Ratio for today is 3.90.

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

XKLS:4847' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.24   Max: 4.32
Current: 3.88

During the past years, Epicon Bhd's highest Cyclically Adjusted PB Ratio was 4.32. The lowest was 0.10. And the median was 1.24.

XKLS:4847's Cyclically Adjusted PB Ratio is ranked worse than
82.47% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs XKLS:4847: 3.88

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.

Epicon Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.102. 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 RM0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Epicon Bhd  (XKLS:4847) 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.


Epicon Bhd Cyclically Adjusted PB Ratio Related Terms


Epicon Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Epicon 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.

Epicon Bhd Cyclically Adjusted PB Ratio Chart

Epicon 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 1.03 1.27 3.93 3.00 2.17

Epicon 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 2.67 2.15 1.97 2.17 2.79

XKLS:4847 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Epicon 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.


Epicon Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:4847
45GF Score
Epicon Bhd XKLS:4847
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Epicon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.195/0.05
=3.90

* 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.

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

For example, Epicon 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)
=0.102/330.2130*330.2130
=0.102

Current CPI (Mar. 2026) = 330.2130.

Epicon Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.311 241.018 0.426
201609 0.305 241.428 0.417
201612 0.260 241.432 0.356
201703 0.237 243.801 0.321
201706 0.242 244.955 0.326
201709 0.236 246.819 0.316
201712 0.218 246.524 0.292
201803 0.211 249.554 0.279
201806 0.201 251.989 0.263
201809 0.167 252.439 0.218
201812 0.120 251.233 0.158
201903 0.121 254.202 0.157
201906 0.112 256.143 0.144
201909 0.093 256.759 0.120
201912 -0.104 256.974 -0.134
202003 -0.135 258.115 -0.173
202006 -0.169 257.797 -0.216
202009 -0.130 260.280 -0.165
202012 -0.161 260.474 -0.204
202103 -0.174 264.877 -0.217
202106 -0.185 271.696 -0.225
202109 -0.180 274.310 -0.217
202112 -0.135 278.802 -0.160
202203 -0.135 287.504 -0.155
202206 -0.161 296.311 -0.179
202209 -0.163 296.808 -0.181
202212 -0.159 296.797 -0.177
202303 -0.156 301.836 -0.171
202306 -0.150 305.109 -0.162
202309 0.064 307.789 0.069
202312 0.072 306.746 0.078
202403 0.078 312.332 0.082
202406 0.082 314.175 0.086
202409 0.086 315.301 0.090
202412 0.088 315.605 0.092
202503 0.079 319.799 0.082
202506 0.081 322.561 0.083
202509 0.083 324.800 0.084
202512 0.102 324.054 0.104
202603 0.102 330.213 0.102

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 3.90 mean?
Epicon Bhd (XKLS:4847) has a Cyclically Adjusted PB Ratio of 3.90 as of Jul. 25, 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 Epicon Bhd and its competitors. This is 215% above median its historical median of 1.24. Over the past decade, Epicon Bhd's Cyclically Adjusted PB Ratio has ranged from 0.10 to 4.32. According to the industry distribution chart, Epicon Bhd ranks #1124 out of 1363 companies in the Construction industry, placing it in the top 82.5%.
Is Epicon Bhd's Cyclically Adjusted PB Ratio too high?
Epicon Bhd's current Cyclically Adjusted PB Ratio of 3.90 is 215% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 4.32. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Epicon Bhd's value of 3.90 is 233.3% above this industry median. Based on the distribution chart, Epicon Bhd ranks #1124 out of 1363 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Epicon Bhd has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Epicon Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Epicon Bhd ranks #1124 out of 1363 companies for Cyclically Adjusted PB Ratio. This places Epicon Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Epicon Bhd's value of 3.90 is 233.3% above this benchmark. Historically, Epicon Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 4.32 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.17, Epicon Bhd has consistently been above 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. Epicon Bhd's current Cyclically Adjusted PB Ratio of 3.90 is 233.3% above 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 Epicon 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. Epicon Bhd's current Cyclically Adjusted PB Ratio is 3.90, which is 215% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epicon Bhd stock overvalued right now?
Based on GuruFocus' analysis, Epicon Bhd (XKLS:4847) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.20 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.90, which is 215% above median its 10-year median of 1.24 and 233.3% above the Construction industry median of 1.17. Epicon Bhd's overall GF Score™ is 45/100 with 13 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 Epicon Bhd (XKLS:4847), the current Cyclically Adjusted PB Ratio is 3.90 as of Jul. 25, 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 Epicon Bhd (XKLS:4847) Overvalued in 2026?

Based on GuruFocus' analysis, Epicon Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 18.8% below its estimated GF Value™ of RM0.24. GuruFocus considers Epicon Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4847:

  • Cyclically Adjusted PB Ratio: 3.90 (215% above median its 10-year median of 1.24)
  • GF Value™: RM0.24 vs. price of RM0.20 (18.8% below fair value)
  • GF Score™: 45/100 with 13 warning signs
  • Industry Position: 233.3% above the Construction median (#1124 of 1363)

No single metric tells the full story. See the XKLS:4847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Epicon Bhd Business Description

Address No. 3, Jalan SS 20/27, Unit 7-02, Level 7, Menara Lagenda, Petaling Jaya, SGR, MYS, 47400
Epicon Bhd operates as a focused contractor with capabilities spanning affordable residential and commercial developments, mixed use projects, township construction, and engineering and infrastructure works. Its segments include Investment holding engages as a investment company, Construction engages in construction of projects, and Others. The construction segment derives majority of the revenue in Malaysia.
45GF Score

Get the complete analysis for XKLS:4847

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

RM0.20
Price
RM0.24
GF Value