Techbond Group Bhd (XKLS:5289) Cyclically Adjusted PB Ratio: 0.95 (As of Jul. 30, 2026) — 32% Below Median

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XKLS:5289 Techbond Group Bhd XKLS:5289
58 GF Score
Price RM0.28
GF Value RM0.30
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Techbond Group Bhd Cyclically Adjusted PB Ratio?

Techbond Group Bhd XKLS:5289 +1.85% 58 Cyclically Adjusted PB Ratio is 0.95 as of Jul. 30, 2026, which is 32% below its 10-year median of 1.40. GuruFocus rates XKLS:5289 with a GF Score™ of 58/100 and a GF Value™ of RM0.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,267 Chemicals companies, Techbond Group Bhd ranks better than 70.88% on this metric.

As of today (2026-07-30), Techbond Group Bhd's current share price is RM0.275. Techbond Group Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was RM0.29. Techbond Group Bhd's Cyclically Adjusted PB Ratio for today is 0.95.

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

XKLS:5289' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.4   Max: 2.12
Current: 0.96

During the past 11 years, Techbond Group Bhd's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.96. And the median was 1.40.

XKLS:5289's Cyclically Adjusted PB Ratio is ranked better than
70.88% of 1267 companies
in the Chemicals industry
Industry Median: 1.65 vs XKLS:5289: 0.96

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.

Techbond Group Bhd's adjusted book value per share data of for the fiscal year that ended in Jun25 was RM0.341. 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 RM0.29 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Techbond Group Bhd  (XKLS:5289) 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.


Techbond Group Bhd Cyclically Adjusted PB Ratio Related Terms


Techbond Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Techbond Group 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.

Techbond Group Bhd Cyclically Adjusted PB Ratio Chart

Techbond Group Bhd Annual Data
Trend Jun16 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 0.00 0.00 2.15 1.03

Techbond Group 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 0.00 1.03 0.00 0.00 0.00

XKLS:5289 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Techbond Group 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.


Techbond Group Bhd Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Techbond Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5289
58GF Score
Techbond Group Bhd XKLS:5289
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techbond Group 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.

Techbond Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.275/0.29
=0.95

* 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.

Techbond Group Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Techbond Group Bhd's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.341/322.5610*322.5610
=0.341

Current CPI (Jun25) = 322.5610.

Techbond Group Bhd Annual Data

Book Value per Share CPI Adj_Book
201606 0.079 241.018 0.106
201706 0.142 244.955 0.187
201806 0.164 251.989 0.210
201906 0.252 256.143 0.317
202006 0.267 257.797 0.334
202106 0.284 271.696 0.337
202206 0.302 296.311 0.329
202306 0.322 305.109 0.340
202406 0.340 314.175 0.349
202506 0.341 322.561 0.341

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 0.95 mean?
Techbond Group Bhd (XKLS:5289) has a Cyclically Adjusted PB Ratio of 0.95 as of Jul. 30, 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 Techbond Group Bhd and its competitors. This is 32% below median its historical median of 1.40. Over the past decade, Techbond Group Bhd's Cyclically Adjusted PB Ratio has ranged from 0.96 to 2.12. According to the industry distribution chart, Techbond Group Bhd ranks #369 out of 1267 companies in the Chemicals industry, placing it in the top 29.1%.
Is Techbond Group Bhd's Cyclically Adjusted PB Ratio too high?
Techbond Group Bhd's current Cyclically Adjusted PB Ratio of 0.95 is 32% below median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.12. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Techbond Group Bhd's value of 0.95 is 42.4% below this industry median. Based on the distribution chart, Techbond Group Bhd ranks #369 out of 1267 companies in the Chemicals industry, which is above the industry midpoint. Overall, Techbond Group Bhd has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techbond Group Bhd's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Techbond Group Bhd ranks #369 out of 1267 companies for Cyclically Adjusted PB Ratio. This puts Techbond Group Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Techbond Group Bhd's value of 0.95 is 42.4% below this benchmark. Historically, Techbond Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 2.12 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.65, Techbond Group 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,267 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. Techbond Group Bhd's current Cyclically Adjusted PB Ratio of 0.95 is 42.4% 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 Techbond Group Bhd and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techbond Group Bhd's current Cyclically Adjusted PB Ratio is 0.95, which is 32% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techbond Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Techbond Group Bhd (XKLS:5289) is currently considered Fairly Valued. The stock's GF Value™ is RM0.30, compared to a current price of RM0.28 — trading 8.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 32% below median its 10-year median of 1.40 and 42.4% below the Chemicals industry median of 1.65. Techbond Group Bhd's overall GF Score™ is 58/100 with 5 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 Techbond Group Bhd (XKLS:5289), the current Cyclically Adjusted PB Ratio is 0.95 as of Jul. 30, 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 Techbond Group Bhd (XKLS:5289) Overvalued in 2026?

Based on GuruFocus' analysis, Techbond Group Bhd stock appears to be undervalued. The current stock price of RM0.28 is trading 8.3% below its estimated GF Value™ of RM0.30. GuruFocus considers Techbond Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:5289:

  • Cyclically Adjusted PB Ratio: 0.95 (32% below median its 10-year median of 1.40)
  • GF Value™: RM0.30 vs. price of RM0.28 (8.3% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 42.4% below the Chemicals median (#369 of 1267)

No single metric tells the full story. See the XKLS:5289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techbond Group Bhd Business Description

Address No. 36, Jalan Anggerik Mokara 31/59, Seksyen 31, Kota Kemuning, Selangor, Shah Alam, SGR, MYS, 40460
Techbond Group Bhd is an investment holding company providing management services to its subsidiaries. Its segments are Industrial Adhesives & Sealants, Supporting Products and Services, and Chemicals, with the majority of revenue generated from Industrial Adhesives and Sealants. The company operates in Malaysia, Vietnam, Thailand, Indonesia, China, and other countries, with majority of revenue generated from Malaysia. It develops and manufactures water-based and hot melt adhesives, water-based and solvent-based sealants, and offers supporting products such as OEM adhesives, chemicals, repellents, cleaners, spare parts, and maintenance services. Its products include adhesives for woodworking, paper and packaging, mattresses, construction, hygiene, cigarettes, automotive, and bookbinding.
58GF Score

Get the complete analysis for XKLS:5289

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

RM0.28
Price
RM0.30
GF Value