Velesto Energy Bhd (XKLS:5243) Cyclically Adjusted PB Ratio: 0.52 (As of Jul. 23, 2026) — 86% Above 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:5243 Velesto Energy Bhd XKLS:5243
59 GF Score
Price RM0.27
GF Value RM0.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Velesto Energy Bhd Cyclically Adjusted PB Ratio?

Velesto Energy Bhd XKLS:5243 +1.92% 59 Cyclically Adjusted PB Ratio is 0.52 as of Jul. 23, 2026, which is 86% above its 10-year median of 0.28. GuruFocus rates XKLS:5243 with a GF Score™ of 59/100 and a GF Value™ of RM0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 771 Oil & Gas companies, Velesto Energy Bhd ranks better than 75.36% on this metric.

As of today (2026-07-23), Velesto Energy Bhd's current share price is RM0.265. Velesto Energy Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.51. Velesto Energy Bhd's Cyclically Adjusted PB Ratio for today is 0.52.

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

XKLS:5243' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.28   Max: 0.69
Current: 0.49

During the past years, Velesto Energy Bhd's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.13. And the median was 0.28.

XKLS:5243's Cyclically Adjusted PB Ratio is ranked better than
75.36% of 771 companies
in the Oil & Gas industry
Industry Median: 1.21 vs XKLS:5243: 0.49

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.

Velesto Energy Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.294. 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 RM0.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Velesto Energy Bhd  (XKLS:5243) 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.


Velesto Energy Bhd Cyclically Adjusted PB Ratio Related Terms


Velesto Energy Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Velesto Energy 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.

Velesto Energy Bhd Cyclically Adjusted PB Ratio Chart

Velesto Energy 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 0.00 0.18 0.28 0.22 0.51

Velesto Energy 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 0.25 0.29 0.42 0.51 0.67

XKLS:5243 vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Velesto Energy 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.


Velesto Energy Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5243
59GF Score
Velesto Energy Bhd XKLS:5243
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Velesto Energy 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.

Velesto Energy Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.265/0.51
=0.52

* 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.

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

For example, Velesto Energy 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)
=0.294/330.2130*330.2130
=0.294

Current CPI (Mar. 2026) = 330.2130.

Velesto Energy Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.349 241.018 1.848
201609 1.329 241.428 1.818
201612 1.020 241.432 1.395
201703 0.961 243.801 1.302
201706 0.912 244.955 1.229
201709 0.284 246.819 0.380
201712 0.349 246.524 0.467
201803 0.323 249.554 0.427
201806 0.333 251.989 0.436
201809 0.339 252.439 0.443
201812 0.340 251.233 0.447
201903 0.332 254.202 0.431
201906 0.338 256.143 0.436
201909 0.346 256.759 0.445
201912 0.341 256.974 0.438
202003 0.362 258.115 0.463
202006 0.357 257.797 0.457
202009 0.347 260.280 0.440
202012 0.276 260.474 0.350
202103 0.277 264.877 0.345
202106 0.279 271.696 0.339
202109 0.275 274.310 0.331
202112 0.275 278.802 0.326
202203 0.271 287.504 0.311
202206 0.278 296.311 0.310
202209 0.298 296.808 0.332
202212 0.278 296.797 0.309
202303 0.280 301.836 0.306
202306 0.291 305.109 0.315
202309 0.290 307.789 0.311
202312 0.301 306.746 0.324
202403 0.310 312.332 0.328
202406 0.319 314.175 0.335
202409 0.282 315.301 0.295
202412 0.313 315.605 0.327
202503 0.318 319.799 0.328
202506 0.300 322.561 0.307
202509 0.305 324.800 0.310
202512 0.291 324.054 0.297
202603 0.294 330.213 0.294

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 0.52 mean?
Velesto Energy Bhd (XKLS:5243) has a Cyclically Adjusted PB Ratio of 0.52 as of Jul. 23, 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 Velesto Energy Bhd and its competitors. This is 86% above median its historical median of 0.28. Over the past decade, Velesto Energy Bhd's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.69. According to the industry distribution chart, Velesto Energy Bhd ranks #190 out of 771 companies in the Oil & Gas industry, placing it in the top 24.6%.
Is Velesto Energy Bhd's Cyclically Adjusted PB Ratio too high?
Velesto Energy Bhd's current Cyclically Adjusted PB Ratio of 0.52 is 86% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.69. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Velesto Energy Bhd's value of 0.52 is 57% below this industry median. Based on the distribution chart, Velesto Energy Bhd ranks #190 out of 771 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Velesto Energy Bhd has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velesto Energy Bhd's Cyclically Adjusted PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Velesto Energy Bhd ranks #190 out of 771 companies for Cyclically Adjusted PB Ratio. This places Velesto Energy Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Velesto Energy Bhd's value of 0.52 is 57% below this benchmark. Historically, Velesto Energy Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.69 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.21, Velesto Energy 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 771 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. Velesto Energy Bhd's current Cyclically Adjusted PB Ratio of 0.52 is 57% 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 Velesto Energy Bhd and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velesto Energy Bhd's current Cyclically Adjusted PB Ratio is 0.52, which is 86% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velesto Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Velesto Energy Bhd (XKLS:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.27 — trading 47.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 86% above median its 10-year median of 0.28 and 57% below the Oil & Gas industry median of 1.21. Velesto Energy Bhd's overall GF Score™ is 59/100 with 3 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 Velesto Energy Bhd (XKLS:5243), the current Cyclically Adjusted PB Ratio is 0.52 as of Jul. 23, 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 Velesto Energy Bhd (XKLS:5243) Overvalued in 2026?

Based on GuruFocus' analysis, Velesto Energy Bhd stock appears to be overvalued. The current stock price of RM0.27 is trading 47.2% above its estimated GF Value™ of RM0.18. GuruFocus considers Velesto Energy Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5243:

  • Cyclically Adjusted PB Ratio: 0.52 (86% above median its 10-year median of 0.28)
  • GF Value™: RM0.18 vs. price of RM0.27 (47.2% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 57% below the Oil & Gas median (#190 of 771)

No single metric tells the full story. See the XKLS:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Velesto Energy Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company operates under two segments, namely drilling services and others. The company has a geographical presence in Malaysia and other countries.
59GF Score

Get the complete analysis for XKLS:5243

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

RM0.27
Price
RM0.18
GF Value