Bina Darulaman Bhd (XKLS:6173) Cyclically Adjusted PB Ratio: 0.10 (As of Jul. 31, 2026) — 17% 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:6173 Bina Darulaman Bhd XKLS:6173
38 GF Score
Price RM0.19
GF Value RM0.31
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Bina Darulaman Bhd Cyclically Adjusted PB Ratio?

Bina Darulaman Bhd XKLS:6173 38 Cyclically Adjusted PB Ratio is 0.10 as of Jul. 31, 2026, which is 17% below its 10-year median of 0.12. GuruFocus rates XKLS:6173 with a GF Score™ of 38/100 and a GF Value™ of RM0.31 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,349 Construction companies, Bina Darulaman Bhd ranks better than 97.48% on this metric.

As of today (2026-07-31), Bina Darulaman Bhd's current share price is RM0.19. Bina Darulaman Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.89. Bina Darulaman Bhd's Cyclically Adjusted PB Ratio for today is 0.10.

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

XKLS:6173' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.31
Current: 0.1

During the past years, Bina Darulaman Bhd's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.09. And the median was 0.12.

XKLS:6173's Cyclically Adjusted PB Ratio is ranked better than
97.48% of 1349 companies
in the Construction industry
Industry Median: 1.15 vs XKLS:6173: 0.10

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.

Bina Darulaman Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.550. 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 RM1.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bina Darulaman Bhd  (XKLS:6173) 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.


Bina Darulaman Bhd Cyclically Adjusted PB Ratio Related Terms


Bina Darulaman Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bina Darulaman 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.

Bina Darulaman Bhd Cyclically Adjusted PB Ratio Chart

Bina Darulaman 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 0.21 0.10 0.11 0.13 0.13

Bina Darulaman 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 0.11 0.14 0.14 0.13 0.11

XKLS:6173 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Bina Darulaman 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.


Bina Darulaman Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:6173
38GF Score
Bina Darulaman Bhd XKLS:6173
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bina Darulaman 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.

Bina Darulaman Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.19/1.89
=0.10

* 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.

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

For example, Bina Darulaman 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)
=1.55/330.2130*330.2130
=1.550

Current CPI (Mar. 2026) = 330.2130.

Bina Darulaman Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.639 241.018 2.246
201609 1.658 241.428 2.268
201612 1.734 241.432 2.372
201703 1.761 243.801 2.385
201706 1.718 244.955 2.316
201709 1.724 246.819 2.306
201712 1.648 246.524 2.207
201803 1.662 249.554 2.199
201806 1.631 251.989 2.137
201809 1.564 252.439 2.046
201812 1.509 251.233 1.983
201903 1.490 254.202 1.936
201906 1.474 256.143 1.900
201909 1.466 256.759 1.885
201912 1.525 256.974 1.960
202003 1.526 258.115 1.952
202006 1.504 257.797 1.926
202009 1.506 260.280 1.911
202012 1.542 260.474 1.955
202103 1.533 264.877 1.911
202106 1.516 271.696 1.843
202109 1.516 274.310 1.825
202112 1.553 278.802 1.839
202203 1.533 287.504 1.761
202206 1.529 296.311 1.704
202209 1.533 296.808 1.706
202212 1.564 296.797 1.740
202303 1.539 301.836 1.684
202306 1.528 305.109 1.654
202309 1.539 307.789 1.651
202312 1.601 306.746 1.723
202403 1.602 312.332 1.694
202406 1.603 314.175 1.685
202409 1.596 315.301 1.671
202412 1.599 315.605 1.673
202503 1.587 319.799 1.639
202506 1.581 322.561 1.619
202509 1.560 324.800 1.586
202512 1.544 324.054 1.573
202603 1.550 330.213 1.550

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 0.10 mean?
Bina Darulaman Bhd (XKLS:6173) has a Cyclically Adjusted PB Ratio of 0.10 as of Jul. 31, 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 Bina Darulaman Bhd and its competitors. This is 17% below median its historical median of 0.12. Over the past decade, Bina Darulaman Bhd's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.31. According to the industry distribution chart, Bina Darulaman Bhd ranks #34 out of 1349 companies in the Construction industry, placing it in the top 2.5%.
Is Bina Darulaman Bhd's Cyclically Adjusted PB Ratio too high?
Bina Darulaman Bhd's current Cyclically Adjusted PB Ratio of 0.10 is 17% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.31. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Bina Darulaman Bhd's value of 0.10 is 91.3% below this industry median. Based on the distribution chart, Bina Darulaman Bhd ranks #34 out of 1349 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Bina Darulaman Bhd has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bina Darulaman Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Bina Darulaman Bhd ranks #34 out of 1349 companies for Cyclically Adjusted PB Ratio. This places Bina Darulaman Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.15. Bina Darulaman Bhd's value of 0.10 is 91.3% below this benchmark. Historically, Bina Darulaman Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.31 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.15, Bina Darulaman 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 1.15, based on 1,349 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. Bina Darulaman Bhd's current Cyclically Adjusted PB Ratio of 0.10 is 91.3% 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 Bina Darulaman Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bina Darulaman Bhd's current Cyclically Adjusted PB Ratio is 0.10, which is 17% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bina Darulaman Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bina Darulaman Bhd (XKLS:6173) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.31, compared to a current price of RM0.19 — trading 38.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 17% below median its 10-year median of 0.12 and 91.3% below the Construction industry median of 1.15. Bina Darulaman Bhd's overall GF Score™ is 38/100 with 6 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 Bina Darulaman Bhd (XKLS:6173), the current Cyclically Adjusted PB Ratio is 0.10 as of Jul. 31, 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 Bina Darulaman Bhd (XKLS:6173) Overvalued in 2026?

Based on GuruFocus' analysis, Bina Darulaman Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 38.7% below its estimated GF Value™ of RM0.31. GuruFocus considers Bina Darulaman Bhd to be Possible Value Trap.

Key valuation signals for XKLS:6173:

  • Cyclically Adjusted PB Ratio: 0.10 (17% below median its 10-year median of 0.12)
  • GF Value™: RM0.31 vs. price of RM0.19 (38.7% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 91.3% below the Construction median (#34 of 1349)

No single metric tells the full story. See the XKLS:6173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bina Darulaman Bhd Business Description

Address 88, Lebuhraya Darulaman, Level 9, Menara BDB, Alor Setar, MYS, 05100
Bina Darulaman Bhd with its subsidiaries is an investment holding company. The principal activity of the group includes the provision of management services and property development. The group has four business segments namely property development and investment which is the development of residential and commercial properties, Engineering, construction and Quarry including building and general contractor, Leisure which includes the operation of golf and golf resort owner and operator and Investment holding which includes the provision of management services. The group operates in Malaysia. The Engineering, construction and Quarry segment derives maximum revenue.
38GF Score

Get the complete analysis for XKLS:6173

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

RM0.19
Price
RM0.31
GF Value