Seremban Engineering Bhd (XKLS:5163) Cyclically Adjusted PB Ratio: 1.30 (As of Aug. 21, 2026) — 10% Below Median

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XKLS:5163 Seremban Engineering Bhd XKLS:5163
43 GF Score
Price RM0.59
GF Value RM0.23
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Seremban Engineering Bhd Cyclically Adjusted PB Ratio?

Seremban Engineering Bhd XKLS:5163 43 Cyclically Adjusted PB Ratio is 1.30 as of Aug. 21, 2026, which is 10% below its 10-year median of 1.45. GuruFocus rates XKLS:5163 with a GF Score™ of 43/100 and a GF Value™ of RM0.23 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,167 Industrial Products companies, Seremban Engineering Bhd ranks better than 67.05% on this metric.

As of today (2026-08-21), Seremban Engineering Bhd's current share price is RM0.585. Seremban Engineering Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.45. Seremban Engineering Bhd's Cyclically Adjusted PB Ratio for today is 1.30.

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

XKLS:5163' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.45   Max: 2.43
Current: 1.31

During the past years, Seremban Engineering Bhd's highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 1.00. And the median was 1.45.

XKLS:5163's Cyclically Adjusted PB Ratio is ranked better than
67.05% of 2167 companies
in the Industrial Products industry
Industry Median: 2.16 vs XKLS:5163: 1.31

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.

Seremban Engineering Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.618. 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 RM0.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seremban Engineering Bhd  (XKLS:5163) 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.


Seremban Engineering Bhd Cyclically Adjusted PB Ratio Related Terms


Seremban Engineering Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Seremban Engineering 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.

Seremban Engineering Bhd Cyclically Adjusted PB Ratio Chart

Seremban Engineering Bhd Annual Data
Trend Dec14 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 0.00 1.87 1.59 1.36 1.11

Seremban Engineering 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 1.23 1.11 1.21 1.65 1.44

XKLS:5163 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Seremban Engineering 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.


Seremban Engineering Bhd Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seremban Engineering Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5163
43GF Score
Seremban Engineering Bhd XKLS:5163
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seremban Engineering 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.585/0.45
=1.30

* 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.

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

For example, Seremban Engineering 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)
=0.618/330.2130*330.2130
=0.618

Current CPI (Mar. 2026) = 330.2130.

Seremban Engineering Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.526 238.132 0.729
201609 0.334 241.428 0.457
201612 0.347 241.432 0.475
201703 0.367 243.801 0.497
201706 0.377 244.955 0.508
201709 0.405 246.819 0.542
201712 0.411 246.524 0.551
201803 0.390 249.554 0.516
201806 0.287 251.989 0.376
201809 0.316 252.439 0.413
201812 0.313 251.233 0.411
201903 0.285 254.202 0.370
201906 0.233 256.143 0.300
201909 0.247 256.759 0.318
201912 0.251 256.974 0.323
202003 0.257 258.115 0.329
202006 0.274 257.797 0.351
202009 0.276 260.280 0.350
202012 0.253 260.474 0.321
202103 0.207 264.877 0.258
202106 0.307 271.696 0.373
202109 0.316 274.310 0.380
202112 0.338 278.802 0.400
202203 0.351 287.504 0.403
202206 0.371 296.311 0.413
202209 0.387 296.808 0.431
202212 0.401 296.797 0.446
202303 0.419 301.836 0.458
202306 0.429 305.109 0.464
202309 0.438 307.789 0.470
202312 0.443 306.746 0.477
202403 0.455 312.332 0.481
202406 0.468 314.175 0.492
202409 0.471 315.301 0.493
202412 0.475 315.605 0.497
202503 0.479 319.799 0.495
202506 0.482 322.561 0.493
202509 0.485 324.800 0.493
202512 0.617 324.054 0.629
202603 0.618 330.213 0.618

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 1.30 mean?
Seremban Engineering Bhd (XKLS:5163) has a Cyclically Adjusted PB Ratio of 1.30 as of Aug. 21, 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 Seremban Engineering Bhd and its competitors. This is 10% below median its historical median of 1.45. Over the past decade, Seremban Engineering Bhd's Cyclically Adjusted PB Ratio has ranged from 1.00 to 2.43. According to the industry distribution chart, Seremban Engineering Bhd ranks #714 out of 2167 companies in the Industrial Products industry, placing it in the top 32.9%.
Is Seremban Engineering Bhd's Cyclically Adjusted PB Ratio too high?
Seremban Engineering Bhd's current Cyclically Adjusted PB Ratio of 1.30 is 10% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Seremban Engineering Bhd's value of 1.30 is 39.8% below this industry median. Based on the distribution chart, Seremban Engineering Bhd ranks #714 out of 2167 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Seremban Engineering Bhd has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seremban Engineering Bhd's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Seremban Engineering Bhd ranks #714 out of 2167 companies for Cyclically Adjusted PB Ratio. This puts Seremban Engineering Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Seremban Engineering Bhd's value of 1.30 is 39.8% below this benchmark. Historically, Seremban Engineering Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 2.43 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 2.16, Seremban Engineering 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,167 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. Seremban Engineering Bhd's current Cyclically Adjusted PB Ratio of 1.30 is 39.8% 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 Seremban Engineering Bhd and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seremban Engineering Bhd's current Cyclically Adjusted PB Ratio is 1.30, which is 10% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seremban Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Seremban Engineering Bhd (XKLS:5163) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.23, compared to a current price of RM0.59 — trading 154.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 10% below median its 10-year median of 1.45 and 39.8% below the Industrial Products industry median of 2.16. Seremban Engineering Bhd's overall GF Score™ is 43/100 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 Seremban Engineering Bhd (XKLS:5163), the current Cyclically Adjusted PB Ratio is 1.30 as of Aug. 21, 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 Seremban Engineering Bhd (XKLS:5163) Overvalued in 2026?

Based on GuruFocus' analysis, Seremban Engineering Bhd stock appears to be overvalued. The current stock price of RM0.59 is trading 154.3% above its estimated GF Value™ of RM0.23. GuruFocus considers Seremban Engineering Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5163:

  • Cyclically Adjusted PB Ratio: 1.30 (10% below median its 10-year median of 1.45)
  • GF Value™: RM0.23 vs. price of RM0.59 (154.3% above fair value)
  • GF Score™: 43/100 with 8 warning signs
  • Industry Position: 39.8% below the Industrial Products median (#714 of 2167)

No single metric tells the full story. See the XKLS:5163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seremban Engineering Bhd Business Description

Address Lot 1A - 1C, Lorong Bunga Tanjung 1/3, Senawang Industrial Park, Seremban, NSN, MYS, 70400
Seremban Engineering Bhd is engaged in providing engineering services including fabrication, engineering support, maintenance, and shutdown work for oil and fats, palm oil refineries, water treatment, food, chemical plants, and oil and gas industries. The products and services provided by the company include the Design, fabrication, and installation of unfired pressure vessels, reactors, heat exchangers, oil heaters, towers and columns, deodorisers, and receiver tanks, Fabrication and erection of steel structures and platforms and the Fabrication and piping works. Geographically, the company operates in Asia, Europe, Malaysia, and Singapore of which Malaysia generates the maximum revenue.
43GF Score

Get the complete analysis for XKLS:5163

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

RM0.59
Price
RM0.23
GF Value