TSR Capital Bhd (XKLS:5042) Cyclically Adjusted PB Ratio: 0.20 (As of Jul. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5042 TSR Capital Bhd XKLS:5042
33 GF Score
Price RM0.22
GF Value RM0.43
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is TSR Capital Bhd Cyclically Adjusted PB Ratio?

TSR Capital Bhd XKLS:5042 33 Cyclically Adjusted PB Ratio is 0.20 as of Jul. 29, 2026, which is 9% below its 10-year median of 0.22. GuruFocus rates XKLS:5042 with a GF Score™ of 33/100 and a GF Value™ of RM0.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,357 Construction companies, TSR Capital Bhd ranks better than 93.37% on this metric.

As of today (2026-07-29), TSR Capital Bhd's current share price is RM0.22. TSR Capital Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.09. TSR Capital Bhd's Cyclically Adjusted PB Ratio for today is 0.20.

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

XKLS:5042' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.22   Max: 0.28
Current: 0.2

During the past years, TSR Capital Bhd's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.15. And the median was 0.22.

XKLS:5042's Cyclically Adjusted PB Ratio is ranked better than
93.37% of 1357 companies
in the Construction industry
Industry Median: 1.16 vs XKLS:5042: 0.20

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.

TSR Capital Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.882. 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 RM1.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TSR Capital Bhd  (XKLS:5042) 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.


TSR Capital Bhd Cyclically Adjusted PB Ratio Related Terms


TSR Capital Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TSR Capital 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.

TSR Capital Bhd Cyclically Adjusted PB Ratio Chart

TSR Capital Bhd Annual Data
Trend Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.16 0.17 0.24 0.19

TSR Capital 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 0.23 0.19 0.28 0.24 0.20

XKLS:5042 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, TSR Capital 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.


TSR Capital Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:5042
33GF Score
TSR Capital Bhd XKLS:5042
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSR Capital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.22/1.09
=0.20

* 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.

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

For example, TSR Capital 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)
=0.882/330.2130*330.2130
=0.882

Current CPI (Mar. 2026) = 330.2130.

TSR Capital Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.943 236.525 1.317
201603 0.948 238.132 1.315
201606 0.957 241.018 1.311
201609 0.984 241.428 1.346
201612 1.002 241.432 1.370
201703 1.013 243.801 1.372
201706 1.017 244.955 1.371
201709 1.023 246.819 1.369
201803 1.052 249.554 1.392
201809 1.034 252.439 1.353
201812 1.041 251.233 1.368
201903 1.044 254.202 1.356
201906 0.904 256.143 1.165
201909 0.891 256.759 1.146
201912 0.896 256.974 1.151
202003 0.901 258.115 1.153
202006 1.011 257.797 1.295
202009 0.988 260.280 1.253
202012 0.972 260.474 1.232
202103 0.970 264.877 1.209
202106 0.796 271.696 0.967
202109 0.785 274.310 0.945
202112 0.786 278.802 0.931
202203 0.791 287.504 0.909
202206 0.779 296.311 0.868
202209 0.771 296.808 0.858
202212 0.744 296.797 0.828
202303 0.748 301.836 0.818
202306 0.787 305.109 0.852
202309 0.782 307.789 0.839
202312 0.835 306.746 0.899
202403 0.844 312.332 0.892
202406 0.850 314.175 0.893
202409 0.854 315.301 0.894
202412 0.857 315.605 0.897
202503 0.861 319.799 0.889
202506 0.867 322.561 0.888
202509 0.874 324.800 0.889
202512 0.879 324.054 0.896
202603 0.882 330.213 0.882

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 0.20 mean?
TSR Capital Bhd (XKLS:5042) has a Cyclically Adjusted PB Ratio of 0.20 as of Jul. 29, 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 TSR Capital Bhd and its competitors. This is near median its historical median of 0.22. Over the past decade, TSR Capital Bhd's Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.28. According to the industry distribution chart, TSR Capital Bhd ranks #90 out of 1357 companies in the Construction industry, placing it in the top 6.6%.
Is TSR Capital Bhd's Cyclically Adjusted PB Ratio too high?
TSR Capital Bhd's current Cyclically Adjusted PB Ratio of 0.20 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.28. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. TSR Capital Bhd's value of 0.20 is 82.8% below this industry median. Based on the distribution chart, TSR Capital Bhd ranks #90 out of 1357 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TSR Capital Bhd has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TSR Capital Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, TSR Capital Bhd ranks #90 out of 1357 companies for Cyclically Adjusted PB Ratio. This places TSR Capital Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. TSR Capital Bhd's value of 0.20 is 82.8% below this benchmark. Historically, TSR Capital Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.28 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.16, TSR Capital 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 1.16, based on 1,357 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. TSR Capital Bhd's current Cyclically Adjusted PB Ratio of 0.20 is 82.8% 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 TSR Capital Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSR Capital Bhd's current Cyclically Adjusted PB Ratio is 0.20, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSR Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, TSR Capital Bhd (XKLS:5042) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.43, compared to a current price of RM0.22 — trading 48.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is near median its 10-year median of 0.22 and 82.8% below the Construction industry median of 1.16. TSR Capital Bhd's overall GF Score™ is 33/100 with 4 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 TSR Capital Bhd (XKLS:5042), the current Cyclically Adjusted PB Ratio is 0.20 as of Jul. 29, 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 TSR Capital Bhd (XKLS:5042) Overvalued in 2026?

Based on GuruFocus' analysis, TSR Capital Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 48.8% below its estimated GF Value™ of RM0.43. GuruFocus considers TSR Capital Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5042:

  • Cyclically Adjusted PB Ratio: 0.20 (near median its 10-year median of 0.22)
  • GF Value™: RM0.43 vs. price of RM0.22 (48.8% below fair value)
  • GF Score™: 33/100 with 4 warning signs
  • Industry Position: 82.8% below the Construction median (#90 of 1357)

No single metric tells the full story. See the XKLS:5042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSR Capital Bhd Business Description

Address Jalan PJU 7/3, Level 16, Menara TSR, Number 12, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47810
TSR Capital Bhd is an investment holding company engaged in construction and property development activities in Malaysia. The group's business segments are Construction; Property Development and Others. Its Construction segment comprises Foundation engineering, soil improvement, construction, and civil engineering works. The Property development segment comprises Property development and management. The company generates maximum revenue from the Construction segment. Geographically, it operates only in Malaysia.
33GF Score

Get the complete analysis for XKLS:5042

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

RM0.22
Price
RM0.43
GF Value