CSC Steel Holdings Bhd (XKLS:5094) Cyclically Adjusted PB Ratio: 0.45 (As of Sep. 02, 2026) — Near Median

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XKLS:5094 CSC Steel Holdings Bhd XKLS:5094
80 GF Score
Price RM1.24
GF Value RM1.16
Valuation Fairly Valued
! 2 Warning Signs
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What is CSC Steel Holdings Bhd Cyclically Adjusted PB Ratio?

CSC Steel Holdings Bhd XKLS:5094 -1.59% 80 Cyclically Adjusted PB Ratio is 0.45 as of Sep. 02, 2026, which is 4% below its 10-year median of 0.47. GuruFocus rates XKLS:5094 with a GF Score™ of 80/100 and a GF Value™ of RM1.16 (Fairly Valued). The stock has 2 warning signs investors should review. Among 415 Steel companies, CSC Steel Holdings Bhd ranks better than 71.81% on this metric.

As of today (2026-09-02), CSC Steel Holdings Bhd's current share price is RM1.24. CSC Steel Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM2.78. CSC Steel Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.45.

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

XKLS:5094' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.47   Max: 0.83
Current: 0.45

During the past years, CSC Steel Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.26. And the median was 0.47.

XKLS:5094's Cyclically Adjusted PB Ratio is ranked better than
71.81% of 415 companies
in the Steel industry
Industry Median: 0.8 vs XKLS:5094: 0.45

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.

CSC Steel Holdings Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM2.500. 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 RM2.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSC Steel Holdings Bhd  (XKLS:5094) 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.


CSC Steel Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


CSC Steel Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CSC Steel Holdings 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.

CSC Steel Holdings Bhd Cyclically Adjusted PB Ratio Chart

CSC Steel Holdings 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 0.52 0.46 0.47 0.45 0.50

CSC Steel Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.39 0.43 0.50 0.51 0.43

XKLS:5094 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, CSC Steel Holdings 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.


CSC Steel Holdings Bhd Cyclically Adjusted PB Ratio vs Steel Industry

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

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


XKLS:5094
80GF Score
CSC Steel Holdings Bhd XKLS:5094
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSC Steel Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.24/2.78
=0.45

* 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.

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

For example, CSC Steel Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.5/333.9520*333.9520
=2.500

Current CPI (Jun. 2026) = 333.9520.

CSC Steel Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.177 241.428 3.011
201612 2.193 241.432 3.033
201703 2.244 243.801 3.074
201706 2.145 244.955 2.924
201709 2.179 246.819 2.948
201712 2.218 246.524 3.005
201803 2.195 249.554 2.937
201806 2.173 251.989 2.880
201809 2.181 252.439 2.885
201812 2.179 251.233 2.896
201903 2.192 254.202 2.880
201906 2.187 256.143 2.851
201909 2.215 256.759 2.881
201912 2.234 256.974 2.903
202003 2.246 258.115 2.906
202006 2.174 257.797 2.816
202009 2.210 260.280 2.836
202012 2.271 260.474 2.912
202103 2.331 264.877 2.939
202106 2.305 271.696 2.833
202109 2.332 274.310 2.839
202112 2.436 278.802 2.918
202203 2.469 287.504 2.868
202206 2.373 296.311 2.674
202209 2.334 296.808 2.626
202212 2.333 296.797 2.625
202303 2.376 301.836 2.629
202306 2.386 305.109 2.612
202309 2.410 307.789 2.615
202312 2.438 306.746 2.654
202403 2.462 312.332 2.632
202406 2.389 314.175 2.539
202409 2.407 315.301 2.549
202412 2.438 315.605 2.580
202503 2.470 319.799 2.579
202506 2.449 322.561 2.535
202509 2.505 324.800 2.576
202512 2.554 324.054 2.632
202603 2.591 330.213 2.620
202606 2.500 333.952 2.500

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 0.45 mean?
CSC Steel Holdings Bhd (XKLS:5094) has a Cyclically Adjusted PB Ratio of 0.45 as of Sep. 02, 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 CSC Steel Holdings Bhd and its competitors. This is near median its historical median of 0.47. Over the past decade, CSC Steel Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.26 to 0.83. According to the industry distribution chart, CSC Steel Holdings Bhd ranks #117 out of 415 companies in the Steel industry, placing it in the top 28.2%.
Is CSC Steel Holdings Bhd's Cyclically Adjusted PB Ratio too high?
CSC Steel Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.45 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.83. The Steel industry median Cyclically Adjusted PB Ratio is 0.80. CSC Steel Holdings Bhd's value of 0.45 is 43.8% below this industry median. Based on the distribution chart, CSC Steel Holdings Bhd ranks #117 out of 415 companies in the Steel industry, which is above the industry midpoint. Overall, CSC Steel Holdings Bhd has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSC Steel Holdings Bhd's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, CSC Steel Holdings Bhd ranks #117 out of 415 companies for Cyclically Adjusted PB Ratio. This puts CSC Steel Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. CSC Steel Holdings Bhd's value of 0.45 is 43.8% below this benchmark. Historically, CSC Steel Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.26 to 0.83 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.80, CSC Steel Holdings 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 0.80, based on 415 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. CSC Steel Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.45 is 43.8% 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 CSC Steel Holdings Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSC Steel Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.45, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSC Steel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CSC Steel Holdings Bhd (XKLS:5094) is currently considered Fairly Valued. The stock's GF Value™ is RM1.16, compared to a current price of RM1.24 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is near median its 10-year median of 0.47 and 43.8% below the Steel industry median of 0.80. CSC Steel Holdings Bhd's overall GF Score™ is 80/100 with 2 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 CSC Steel Holdings Bhd (XKLS:5094), the current Cyclically Adjusted PB Ratio is 0.45 as of Sep. 02, 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 CSC Steel Holdings Bhd (XKLS:5094) Overvalued in 2026?

Based on GuruFocus' analysis, CSC Steel Holdings Bhd stock appears to be overvalued. The current stock price of RM1.24 is trading 6.9% above its estimated GF Value™ of RM1.16. GuruFocus considers CSC Steel Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:5094:

  • Cyclically Adjusted PB Ratio: 0.45 (near median its 10-year median of 0.47)
  • GF Value™: RM1.16 vs. price of RM1.24 (6.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 43.8% below the Steel median (#117 of 415)

No single metric tells the full story. See the XKLS:5094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSC Steel Holdings Bhd Business Description

Address 180 Kawasan Industri Ayer Keroh, Ayer Keroh, Melaka, JHR, MYS, 75450
CSC Steel Holdings Bhd is an investment holding company. Along with its subsidiaries, its business activities include the manufacturing and marketing of pickled and oiled steel, cold rolled steel, hot dipped galvanised steel, commonly known as GI, and pre-painted galvanised steel, commonly known as PPGI or colour coated steel products. These products are marketed through brands like Realzinc and Realcolor. The group's reportable operating segments are Cold rolled and coated steel products and Investment holding. A vast majority of the revenue is generated from the Cold rolled and coated steel products segment. Geographically, the group generates a majority of its revenue from Malaysia.
80GF Score

Get the complete analysis for XKLS:5094

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

RM1.24
Price
RM1.16
GF Value