Hiap Teck Venture Bhd (XKLS:5072) Cyclically Adjusted PB Ratio: 0.31 (As of Jul. 24, 2026) — 11% Below 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:5072 Hiap Teck Venture Bhd XKLS:5072
55 GF Score
Price RM0.26
GF Value RM0.29
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Hiap Teck Venture Bhd Cyclically Adjusted PB Ratio?

Hiap Teck Venture Bhd XKLS:5072 55 Cyclically Adjusted PB Ratio is 0.31 as of Jul. 24, 2026, which is 11% below its 10-year median of 0.35. GuruFocus rates XKLS:5072 with a GF Score™ of 55/100 and a GF Value™ of RM0.29 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 514 Steel companies, Hiap Teck Venture Bhd ranks better than 84.82% on this metric.

As of today (2026-07-24), Hiap Teck Venture Bhd's current share price is RM0.26. Hiap Teck Venture Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM0.85. Hiap Teck Venture Bhd's Cyclically Adjusted PB Ratio for today is 0.31.

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

XKLS:5072' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.35   Max: 0.65
Current: 0.31

During the past years, Hiap Teck Venture Bhd's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.14. And the median was 0.35.

XKLS:5072's Cyclically Adjusted PB Ratio is ranked better than
84.82% of 514 companies
in the Steel industry
Industry Median: 0.94 vs XKLS:5072: 0.31

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.

Hiap Teck Venture Bhd's adjusted book value per share data for the three months ended in Apr. 2026 was RM0.915. 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 RM0.85 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hiap Teck Venture Bhd  (XKLS:5072) 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.


Hiap Teck Venture Bhd Cyclically Adjusted PB Ratio Related Terms


Hiap Teck Venture Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hiap Teck Venture 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.

Hiap Teck Venture Bhd Cyclically Adjusted PB Ratio Chart

Hiap Teck Venture Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.28 0.35 0.47 0.36

Hiap Teck Venture Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.33 0.36 0.35 0.33 0.37

XKLS:5072 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Hiap Teck Venture 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.


Hiap Teck Venture Bhd Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5072
55GF Score
Hiap Teck Venture Bhd XKLS:5072
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiap Teck Venture 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.

Hiap Teck Venture Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26/0.85
=0.31

* 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.

Hiap Teck Venture Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Hiap Teck Venture Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.915/333.0200*333.0200
=0.915

Current CPI (Apr. 2026) = 333.0200.

Hiap Teck Venture Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.711 240.628 0.984
201610 0.711 241.729 0.980
201701 0.708 242.839 0.971
201704 0.729 244.524 0.993
201707 0.619 244.786 0.842
201710 0.627 246.663 0.847
201801 0.645 247.867 0.867
201804 0.643 250.546 0.855
201807 0.629 252.006 0.831
201810 0.633 252.885 0.834
201901 0.624 251.712 0.826
201904 0.618 255.548 0.805
201907 0.645 256.571 0.837
201910 0.642 257.346 0.831
202001 0.631 257.971 0.815
202004 0.634 256.389 0.823
202007 0.636 259.101 0.817
202010 0.634 260.388 0.811
202101 0.646 261.582 0.822
202104 0.691 267.054 0.862
202107 0.653 273.003 0.797
202110 0.668 276.589 0.804
202201 0.699 281.148 0.828
202204 0.716 289.109 0.825
202207 0.730 296.276 0.821
202210 0.702 298.012 0.784
202301 0.705 299.170 0.785
202304 0.714 303.363 0.784
202307 0.738 305.691 0.804
202310 0.733 307.671 0.793
202401 0.740 308.417 0.799
202404 0.767 313.548 0.815
202407 0.794 314.540 0.841
202410 0.814 315.664 0.859
202501 0.821 317.671 0.861
202504 0.841 320.795 0.873
202507 0.852 323.048 0.878
202510 0.877 0.000
202601 0.911 325.252 0.933
202604 0.915 333.020 0.915

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 0.31 mean?
Hiap Teck Venture Bhd (XKLS:5072) has a Cyclically Adjusted PB Ratio of 0.31 as of Jul. 24, 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 Hiap Teck Venture Bhd and its competitors. This is 11% below median its historical median of 0.35. Over the past decade, Hiap Teck Venture Bhd's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.65. According to the industry distribution chart, Hiap Teck Venture Bhd ranks #78 out of 514 companies in the Steel industry, placing it in the top 15.2%.
Is Hiap Teck Venture Bhd's Cyclically Adjusted PB Ratio too high?
Hiap Teck Venture Bhd's current Cyclically Adjusted PB Ratio of 0.31 is 11% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.65. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. Hiap Teck Venture Bhd's value of 0.31 is 67% below this industry median. Based on the distribution chart, Hiap Teck Venture Bhd ranks #78 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hiap Teck Venture Bhd has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Teck Venture Bhd's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hiap Teck Venture Bhd ranks #78 out of 514 companies for Cyclically Adjusted PB Ratio. This places Hiap Teck Venture Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.94. Hiap Teck Venture Bhd's value of 0.31 is 67% below this benchmark. Historically, Hiap Teck Venture Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.65 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.94, Hiap Teck Venture 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.94, based on 514 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. Hiap Teck Venture Bhd's current Cyclically Adjusted PB Ratio of 0.31 is 67% 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 Hiap Teck Venture Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Teck Venture Bhd's current Cyclically Adjusted PB Ratio is 0.31, which is 11% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Teck Venture Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hiap Teck Venture Bhd (XKLS:5072) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.26 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 11% below median its 10-year median of 0.35 and 67% below the Steel industry median of 0.94. Hiap Teck Venture Bhd's overall GF Score™ is 55/100 with 8 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 Hiap Teck Venture Bhd (XKLS:5072), the current Cyclically Adjusted PB Ratio is 0.31 as of Jul. 24, 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 Hiap Teck Venture Bhd (XKLS:5072) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Teck Venture Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 10.3% below its estimated GF Value™ of RM0.29. GuruFocus considers Hiap Teck Venture Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5072:

  • Cyclically Adjusted PB Ratio: 0.31 (11% below median its 10-year median of 0.35)
  • GF Value™: RM0.29 vs. price of RM0.26 (10.3% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 67% below the Steel median (#78 of 514)

No single metric tells the full story. See the XKLS:5072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiap Teck Venture Bhd Business Description

Address Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Hiap Teck Venture Bhd is a Malaysia-based company. It has six segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore; and Selling of Elecricity. It generates a vast majority of the revenues from the Trading segment.
55GF Score

Get the complete analysis for XKLS:5072

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

RM0.26
Price
RM0.29
GF Value