Solid Automotive Bhd (XKLS:5242) Cyclically Adjusted PB Ratio: 0.27 (As of Aug. 02, 2026) — 39% 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:5242 Solid Automotive Bhd XKLS:5242
45 GF Score
Price RM0.13
GF Value RM0.19
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Solid Automotive Bhd Cyclically Adjusted PB Ratio?

Solid Automotive Bhd XKLS:5242 45 Cyclically Adjusted PB Ratio is 0.27 as of Aug. 02, 2026, which is 39% below its 10-year median of 0.44. GuruFocus rates XKLS:5242 with a GF Score™ of 45/100 and a GF Value™ of RM0.19 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,015 Vehicles & Parts companies, Solid Automotive Bhd ranks better than 91.82% on this metric.

As of today (2026-08-02), Solid Automotive Bhd's current share price is RM0.125. Solid Automotive Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM0.46. Solid Automotive Bhd's Cyclically Adjusted PB Ratio for today is 0.27.

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

XKLS:5242' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.44   Max: 0.57
Current: 0.27

During the past years, Solid Automotive Bhd's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.25. And the median was 0.44.

XKLS:5242's Cyclically Adjusted PB Ratio is ranked better than
91.82% of 1015 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs XKLS:5242: 0.27

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.

Solid Automotive Bhd's adjusted book value per share data for the three months ended in Apr. 2026 was RM0.467. 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 RM0.46 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solid Automotive Bhd  (XKLS:5242) 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.


Solid Automotive Bhd Cyclically Adjusted PB Ratio Related Terms


Solid Automotive Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Cyclically Adjusted PB Ratio Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.46 0.44 0.35 0.27

Solid Automotive 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 0.35 0.34 0.30 0.28 0.27

XKLS:5242 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Solid Automotive 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.


Solid Automotive Bhd Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5242
45GF Score
Solid Automotive Bhd XKLS:5242
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Automotive 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.

Solid Automotive Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.125/0.46
=0.27

* 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.

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

For example, Solid Automotive 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)
=0.467/333.0200*333.0200
=0.467

Current CPI (Apr. 2026) = 333.0200.

Solid Automotive Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.351 240.628 0.486
201610 0.350 241.729 0.482
201701 0.353 242.839 0.484
201704 0.356 244.524 0.485
201707 0.357 244.786 0.486
201710 0.358 246.663 0.483
201801 0.358 247.867 0.481
201804 0.358 250.546 0.476
201807 0.359 252.006 0.474
201810 0.359 252.885 0.473
201901 0.360 251.712 0.476
201904 0.361 255.548 0.470
201907 0.364 256.571 0.472
201910 0.364 257.346 0.471
202001 0.377 257.971 0.487
202004 0.354 256.389 0.460
202007 0.358 259.101 0.460
202010 0.362 260.388 0.463
202101 0.340 261.582 0.433
202104 0.350 267.054 0.436
202107 0.352 273.003 0.429
202110 0.352 276.589 0.424
202201 0.358 281.148 0.424
202204 0.360 289.109 0.415
202207 0.369 296.276 0.415
202210 0.373 298.012 0.417
202301 0.371 299.170 0.413
202304 0.377 303.363 0.414
202307 0.381 305.691 0.415
202310 0.382 307.671 0.413
202401 0.385 308.417 0.416
202404 0.451 313.548 0.479
202407 0.454 314.540 0.481
202410 0.449 315.664 0.474
202501 0.453 317.671 0.475
202504 0.456 320.795 0.473
202507 0.461 323.048 0.475
202510 0.463 0.000
202601 0.465 325.252 0.476
202604 0.467 333.020 0.467

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 0.27 mean?
Solid Automotive Bhd (XKLS:5242) has a Cyclically Adjusted PB Ratio of 0.27 as of Aug. 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 Solid Automotive Bhd and its competitors. This is 39% below median its historical median of 0.44. Over the past decade, Solid Automotive Bhd's Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.57. According to the industry distribution chart, Solid Automotive Bhd ranks #83 out of 1015 companies in the Vehicles & Parts industry, placing it in the top 8.2%.
Is Solid Automotive Bhd's Cyclically Adjusted PB Ratio too high?
Solid Automotive Bhd's current Cyclically Adjusted PB Ratio of 0.27 is 39% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.57. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Solid Automotive Bhd's value of 0.27 is 78.6% below this industry median. Based on the distribution chart, Solid Automotive Bhd ranks #83 out of 1015 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Solid Automotive Bhd has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Solid Automotive Bhd ranks #83 out of 1015 companies for Cyclically Adjusted PB Ratio. This places Solid Automotive Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Solid Automotive Bhd's value of 0.27 is 78.6% below this benchmark. Historically, Solid Automotive Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.57 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.26, Solid Automotive 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,015 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. Solid Automotive Bhd's current Cyclically Adjusted PB Ratio of 0.27 is 78.6% 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 Solid Automotive Bhd and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Automotive Bhd's current Cyclically Adjusted PB Ratio is 0.27, which is 39% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.13 — trading 34.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 39% below median its 10-year median of 0.44 and 78.6% below the Vehicles & Parts industry median of 1.26. Solid Automotive Bhd's overall GF Score™ is 45/100 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 Solid Automotive Bhd (XKLS:5242), the current Cyclically Adjusted PB Ratio is 0.27 as of Aug. 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 34.2% below its estimated GF Value™ of RM0.19. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • Cyclically Adjusted PB Ratio: 0.27 (39% below median its 10-year median of 0.44)
  • GF Value™: RM0.19 vs. price of RM0.13 (34.2% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 78.6% below the Vehicles & Parts median (#83 of 1015)

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
45GF Score

Get the complete analysis for XKLS:5242

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

RM0.13
Price
RM0.19
GF Value