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Southern Steel BhdXKLS:5665 30 Cyclically Adjusted PB Ratio is 0.23 as of Jul. 26, 2026, which is 21% below its 10-year median of 0.29. GuruFocus rates XKLS:5665 with a GF Score™ of 30/100 and a GF Value™ of RM0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 510 Steel companies, Southern Steel Bhd ranks better than 90.39% on this metric.
The historical rank and industry rank for Southern Steel Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:
XKLS:5665'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.29 Max: 0.58
Current: 0.23
During the past years, Southern Steel Bhd's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.17. And the median was 0.29.
XKLS:5665's Cyclically Adjusted PB Ratio is ranked better than 90.39% of 510
companies
in the Steel industry
Industry Median: 0.925
vs XKLS:5665: 0.23
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.
Southern Steel Bhd's adjusted book value per share data for the three months ended in Sep. 2025 was RM0.589. 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 RM1.66 for the trailing ten years ended in Sep. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Southern Steel Bhd (XKLS:5665) 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.
Southern Steel Bhd Cyclically Adjusted PB Ratio Related Terms
Southern Steel Bhd Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Southern Steel 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.
Southern Steel Bhd Cyclically Adjusted PB Ratio Chart
XKLS:5665 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison
For the Steel subindustry, Southern Steel 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.
Southern Steel Bhd Cyclically Adjusted PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Southern Steel Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Southern Steel Bhd's Cyclically Adjusted PB Ratio falls into.
Southern Steel 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.
Southern Steel Bhd's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.23 mean?
Southern Steel Bhd (XKLS:5665) has a Cyclically Adjusted PB Ratio of 0.23 as of Jul. 26, 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 Southern Steel Bhd and its competitors. This is 21% below median its historical median of 0.29. Over the past decade, Southern Steel Bhd's Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.58. According to the industry distribution chart, Southern Steel Bhd ranks #49 out of 510 companies in the Steel industry, placing it in the top 9.6%.
Is Southern Steel Bhd's Cyclically Adjusted PB Ratio too high?
Southern Steel Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 21% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.58. The Steel industry median Cyclically Adjusted PB Ratio is 0.93. Southern Steel Bhd's value of 0.23 is 75.1% below this industry median. Based on the distribution chart, Southern Steel Bhd ranks #49 out of 510 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Steel Bhd has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Steel Bhd's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Southern Steel Bhd ranks #49 out of 510 companies for Cyclically Adjusted PB Ratio. This places Southern Steel Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.93. Southern Steel Bhd's value of 0.23 is 75.1% below this benchmark. Historically, Southern Steel Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.58 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.93, Southern Steel 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.93, based on 510 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. Southern Steel Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 75.1% 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 Southern Steel Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Steel Bhd's current Cyclically Adjusted PB Ratio is 0.23, which is 21% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Steel Bhd (XKLS:5665) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.39 — trading 48.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 21% below median its 10-year median of 0.29 and 75.1% below the Steel industry median of 0.93. Southern Steel Bhd's overall GF Score™ is 30/100 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 Southern Steel Bhd (XKLS:5665), the current Cyclically Adjusted PB Ratio is 0.23 as of Jul. 26, 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 Southern Steel Bhd (XKLS:5665) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Steel Bhd stock appears to be overvalued.
The current stock price of RM0.39 is trading 48.1% above its estimated GF Value™ of RM0.26.
GuruFocus considers Southern Steel Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5665:
Cyclically Adjusted PB Ratio: 0.23 (21% below median its 10-year median of 0.29)
GF Value™: RM0.26 vs. price of RM0.39 (48.1% above fair value)
Industry Position: 75.1% below the Steel median (#49 of 510)
No single metric tells the full story. See the XKLS:5665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Steel Bhd is an investment holding company involved in the manufacturing, sale and trading of steel bars and related products, while the principal activities of its subsidiaries include the manufacturing, sale and trading in billets, steel bars, wire rods, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products, as well as rental of properties and investment holding. The company comprises the following reportable segments: Steel products, Investment holding and others and Hot rolled coil operation. The company derived the majority of revenue from the sale of its products: bars, wire rod, wire mesh, cut and bend and pre-stressed concrete wire.
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