Benalec Holdings Bhd (XKLS:5190) Cyclically Adjusted PB Ratio: 0.11 (As of Aug. 03, 2026) — 21% Below Median

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What is Benalec Holdings Bhd Cyclically Adjusted PB Ratio?

Benalec Holdings Bhd XKLS:5190 +7.14% Cyclically Adjusted PB Ratio is 0.11 as of Aug. 03, 2026, which is 21% below its 10-year median of 0.14. The stock has 3 warning signs investors should review. Among 1,345 Construction companies, Benalec Holdings Bhd ranks better than 96.95% on this metric.

As of today (2026-08-03), Benalec Holdings Bhd's current share price is RM0.075. Benalec Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.70. Benalec Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.11.

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

XKLS:5190' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.14   Max: 0.24
Current: 0.11

During the past years, Benalec Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.24. The lowest was 0.09. And the median was 0.14.

XKLS:5190's Cyclically Adjusted PB Ratio is ranked better than
96.95% of 1345 companies
in the Construction industry
Industry Median: 1.14 vs XKLS:5190: 0.11

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.

Benalec Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.369. 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 RM0.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benalec Holdings Bhd  (XKLS:5190) 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.


Benalec Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Benalec Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Benalec 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.

Benalec Holdings Bhd Cyclically Adjusted PB Ratio Chart

Benalec Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.12 0.19 0.15 0.11

Benalec Holdings 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 0.14 0.12 0.13 0.11 0.11

XKLS:5190 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Benalec 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.


Benalec Holdings Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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



Benalec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.075/0.70
=0.11

* 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.

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

For example, Benalec Holdings 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)
=0.369/330.2130*330.2130
=0.369

Current CPI (Mar. 2026) = 330.2130.

Benalec Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.766 236.525 1.069
201603 0.757 238.132 1.050
201606 0.768 241.018 1.052
201609 0.777 241.428 1.063
201612 0.785 241.432 1.074
201703 0.783 243.801 1.061
201706 0.782 244.955 1.054
201709 0.780 246.819 1.044
201712 0.779 246.524 1.043
201803 0.769 249.554 1.018
201806 0.758 251.989 0.993
201809 0.760 252.439 0.994
201812 0.737 251.233 0.969
201903 0.724 254.202 0.940
201909 0.693 256.759 0.891
202003 0.641 258.115 0.820
202006 0.602 257.797 0.771
202009 0.583 260.280 0.740
202012 0.569 260.474 0.721
202103 0.562 264.877 0.701
202106 0.557 271.696 0.677
202109 0.545 274.310 0.656
202112 0.462 278.802 0.547
202203 0.451 287.504 0.518
202206 0.443 296.311 0.494
202209 0.453 296.808 0.504
202212 0.415 296.797 0.462
202303 0.407 301.836 0.445
202306 0.397 305.109 0.430
202309 0.383 307.789 0.411
202312 0.353 306.746 0.380
202403 0.354 312.332 0.374
202406 0.357 314.175 0.375
202409 0.360 315.301 0.377
202412 0.366 315.605 0.383
202503 0.368 319.799 0.380
202506 0.370 322.561 0.379
202509 0.367 324.800 0.373
202512 0.369 324.054 0.376
202603 0.369 330.213 0.369

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 0.11 mean?
Benalec Holdings Bhd (XKLS:5190) has a Cyclically Adjusted PB Ratio of 0.11 as of Aug. 03, 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 Benalec Holdings Bhd and its competitors. This is 21% below median its historical median of 0.14. Over the past decade, Benalec Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.24. According to the industry distribution chart, Benalec Holdings Bhd ranks #41 out of 1345 companies in the Construction industry, placing it in the top 3%.
Is Benalec Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Benalec Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.11 is 21% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.24. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Benalec Holdings Bhd's value of 0.11 is 90.4% below this industry median. Based on the distribution chart, Benalec Holdings Bhd ranks #41 out of 1345 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Benalec Holdings Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Benalec Holdings Bhd ranks #41 out of 1345 companies for Cyclically Adjusted PB Ratio. This places Benalec Holdings Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. Benalec Holdings Bhd's value of 0.11 is 90.4% below this benchmark. Historically, Benalec Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.24 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.14, Benalec 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,345 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. Benalec Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.11 is 90.4% 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 Benalec Holdings Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benalec Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.11, which is 21% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benalec Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Benalec Holdings Bhd (XKLS:5190) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.12, compared to a current price of RM0.08 — trading 37.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.11, which is 21% below median its 10-year median of 0.14 and 90.4% below the Construction industry median of 1.14. 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 Benalec Holdings Bhd (XKLS:5190), the current Cyclically Adjusted PB Ratio is 0.11 as of Aug. 03, 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.

Benalec Holdings Bhd Business Description

Address Number 23, Jalan Perintis U1/52, Temasya Glenmarie, Seksyen UI, Shah Alam, SGR, MYS, 40150
Benalec Holdings Bhd engages in marine construction and civil engineering. It operates in three segments: Marine Construction, Vessel Chartering and Marine Transportation, and Other operating segment comprising investment holding. The Marine Construction segment consists of land reclamation services & disposal of land held for sale. The Vessel Chartering and marine transportation segment provides vessel chartering on time and voyage charters. The Shipbuilding segment provides ship repair, maintenance, fabrication and refurbishment services. The other operating segment comprises investment holding and properties held for sale.