Mycron Steel Bhd (XKLS:5087) Cyclically Adjusted PB Ratio: 0.13 (As of Jul. 25, 2026) — 46% Below Median

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XKLS:5087 Mycron Steel Bhd XKLS:5087
42 GF Score
Price RM0.22
GF Value RM0.31
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Mycron Steel Bhd Cyclically Adjusted PB Ratio?

Mycron Steel Bhd XKLS:5087 42 Cyclically Adjusted PB Ratio is 0.13 as of Jul. 25, 2026, which is 46% below its 10-year median of 0.24. GuruFocus rates XKLS:5087 with a GF Score™ of 42/100 and a GF Value™ of RM0.31 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 514 Steel companies, Mycron Steel Bhd ranks better than 95.33% on this metric.

As of today (2026-07-25), Mycron Steel Bhd's current share price is RM0.215. Mycron Steel Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.65. Mycron Steel Bhd's Cyclically Adjusted PB Ratio for today is 0.13.

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

XKLS:5087' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.24   Max: 0.66
Current: 0.13

During the past years, Mycron Steel Bhd's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.13. And the median was 0.24.

XKLS:5087's Cyclically Adjusted PB Ratio is ranked better than
95.33% of 514 companies
in the Steel industry
Industry Median: 0.94 vs XKLS:5087: 0.13

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.

Mycron Steel Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.607. 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 RM1.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mycron Steel Bhd  (XKLS:5087) 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.


Mycron Steel Bhd Cyclically Adjusted PB Ratio Related Terms


Mycron Steel Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mycron Steel 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.

Mycron Steel Bhd Cyclically Adjusted PB Ratio Chart

Mycron Steel Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.29 0.21 0.29 0.19

Mycron Steel 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 0.18 0.19 0.16 0.16 0.15

XKLS:5087 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Mycron Steel 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.


Mycron Steel Bhd Cyclically Adjusted PB Ratio vs Steel Industry

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

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


XKLS:5087
42GF Score
Mycron Steel Bhd XKLS:5087
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mycron Steel 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.215/1.65
=0.13

* 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.

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

For example, Mycron Steel 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)
=1.607/330.2130*330.2130
=1.607

Current CPI (Mar. 2026) = 330.2130.

Mycron Steel Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.187 241.018 1.626
201609 1.224 241.428 1.674
201612 1.256 241.432 1.718
201703 1.282 243.801 1.736
201706 1.320 244.955 1.779
201709 1.340 246.819 1.793
201712 1.358 246.524 1.819
201803 1.372 249.554 1.815
201806 1.381 251.989 1.810
201809 1.389 252.439 1.817
201812 1.192 251.233 1.567
201903 1.217 254.202 1.581
201906 1.210 256.143 1.560
201909 1.211 256.759 1.557
201912 1.202 256.974 1.545
202003 1.191 258.115 1.524
202006 1.180 257.797 1.511
202009 1.192 260.280 1.512
202012 1.237 260.474 1.568
202103 1.295 264.877 1.614
202106 1.369 271.696 1.664
202109 1.393 274.310 1.677
202112 1.456 278.802 1.724
202203 1.502 287.504 1.725
202206 1.512 296.311 1.685
202209 1.517 296.808 1.688
202212 1.476 296.797 1.642
202303 1.475 301.836 1.614
202306 1.509 305.109 1.633
202309 1.512 307.789 1.622
202312 1.513 306.746 1.629
202403 1.536 312.332 1.624
202406 1.566 314.175 1.646
202409 1.559 315.301 1.633
202412 1.563 315.605 1.635
202503 1.565 319.799 1.616
202506 1.582 322.561 1.620
202509 1.596 324.800 1.623
202512 1.607 324.054 1.638
202603 1.607 330.213 1.607

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 0.13 mean?
Mycron Steel Bhd (XKLS:5087) has a Cyclically Adjusted PB Ratio of 0.13 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 Mycron Steel Bhd and its competitors. This is 46% below median its historical median of 0.24. Over the past decade, Mycron Steel Bhd's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.66. According to the industry distribution chart, Mycron Steel Bhd ranks #24 out of 514 companies in the Steel industry, placing it in the top 4.7%.
Is Mycron Steel Bhd's Cyclically Adjusted PB Ratio too high?
Mycron Steel Bhd's current Cyclically Adjusted PB Ratio of 0.13 is 46% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.66. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. Mycron Steel Bhd's value of 0.13 is 86.2% below this industry median. Based on the distribution chart, Mycron Steel Bhd ranks #24 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mycron Steel Bhd has a GF Score™ of 42/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mycron Steel Bhd's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mycron Steel Bhd ranks #24 out of 514 companies for Cyclically Adjusted PB Ratio. This places Mycron Steel Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.94. Mycron Steel Bhd's value of 0.13 is 86.2% below this benchmark. Historically, Mycron Steel Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.66 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.94, Mycron Steel 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. Mycron Steel Bhd's current Cyclically Adjusted PB Ratio of 0.13 is 86.2% 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 Mycron Steel 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. Mycron Steel Bhd's current Cyclically Adjusted PB Ratio is 0.13, which is 46% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycron Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mycron Steel Bhd (XKLS:5087) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.22 — trading 30.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 46% below median its 10-year median of 0.24 and 86.2% below the Steel industry median of 0.94. Mycron Steel Bhd's overall GF Score™ is 42/100 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 Mycron Steel Bhd (XKLS:5087), the current Cyclically Adjusted PB Ratio is 0.13 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 Mycron Steel Bhd (XKLS:5087) Overvalued in 2026?

Based on GuruFocus' analysis, Mycron Steel Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 30.6% below its estimated GF Value™ of RM0.31. GuruFocus considers Mycron Steel Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5087:

  • Cyclically Adjusted PB Ratio: 0.13 (46% below median its 10-year median of 0.24)
  • GF Value™: RM0.31 vs. price of RM0.22 (30.6% below fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 86.2% below the Steel median (#24 of 514)

No single metric tells the full story. See the XKLS:5087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mycron Steel Bhd Business Description

Address Lot 717, Jalan Sungai Rasau, Seksyen 16, Shah Alam, SGR, MYS, 40200
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.
42GF Score

Get the complete analysis for XKLS:5087

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

RM0.22
Price
RM0.31
GF Value