Pasdec Holdings Bhd (XKLS:6912) Cyclically Adjusted PB Ratio: 0.26 (As of Sep. 02, 2026) — 13% Above Median

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XKLS:6912 Pasdec Holdings Bhd XKLS:6912
52 GF Score
Price RM0.30
GF Value RM0.87
Valuation Possible Value Trap
! 1 Warning Sign
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What is Pasdec Holdings Bhd Cyclically Adjusted PB Ratio?

Pasdec Holdings Bhd XKLS:6912 52 Cyclically Adjusted PB Ratio is 0.26 as of Sep. 02, 2026, which is 13% above its 10-year median of 0.23. GuruFocus rates XKLS:6912 with a GF Score™ of 52/100 and a GF Value™ of RM0.87 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,301 Real Estate companies, Pasdec Holdings Bhd ranks better than 76.1% on this metric.

As of today (2026-09-02), Pasdec Holdings Bhd's current share price is RM0.295. Pasdec Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM1.14. Pasdec Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.26.

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

XKLS:6912' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.23   Max: 0.27
Current: 0.26

During the past years, Pasdec Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.27. The lowest was 0.11. And the median was 0.23.

XKLS:6912's Cyclically Adjusted PB Ratio is ranked better than
76.1% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs XKLS:6912: 0.26

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.

Pasdec Holdings Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM1.051. 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 RM1.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pasdec Holdings Bhd  (XKLS:6912) 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.


Pasdec Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Pasdec Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pasdec Holdings 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.

Pasdec Holdings Bhd Cyclically Adjusted PB Ratio Chart

Pasdec Holdings 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 0.25 0.26 0.24 0.23 0.25

Pasdec Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.26 0.25 0.25 0.26

Pasdec Holdings Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Pasdec Holdings 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.


Pasdec Holdings Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Pasdec Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6912
52GF Score
Pasdec Holdings Bhd XKLS:6912
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pasdec Holdings 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.

Pasdec Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.295/1.14
=0.26

* 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.

Pasdec Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Pasdec Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.051/333.9520*333.9520
=1.051

Current CPI (Jun. 2026) = 333.9520.

Pasdec Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.370 241.428 1.895
201612 1.277 241.432 1.766
201703 0.935 243.801 1.281
201706 1.083 244.955 1.476
201709 1.081 246.819 1.463
201712 1.091 246.524 1.478
201803 1.074 249.554 1.437
201806 1.116 251.989 1.479
201809 0.894 252.439 1.183
201812 0.868 251.233 1.154
201903 0.867 254.202 1.139
201906 0.857 256.143 1.117
201909 0.867 256.759 1.128
201912 0.814 256.974 1.058
202003 0.826 258.115 1.069
202006 0.812 257.797 1.052
202009 0.788 260.280 1.011
202012 0.929 260.474 1.191
202103 0.929 264.877 1.171
202106 0.925 271.696 1.137
202109 0.925 274.310 1.126
202112 0.920 278.802 1.102
202203 0.920 287.504 1.069
202206 0.923 296.311 1.040
202209 0.921 296.808 1.036
202212 0.881 296.797 0.991
202303 0.882 301.836 0.976
202306 0.885 305.109 0.969
202309 0.899 307.789 0.975
202312 0.900 306.746 0.980
202403 0.900 312.332 0.962
202406 0.900 314.175 0.957
202409 0.891 315.301 0.944
202412 0.908 315.605 0.961
202503 0.911 319.799 0.951
202506 0.918 322.561 0.950
202509 0.911 324.800 0.937
202512 0.913 324.054 0.941
202603 1.046 330.213 1.058
202606 1.051 333.952 1.051

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 0.26 mean?
Pasdec Holdings Bhd (XKLS:6912) has a Cyclically Adjusted PB Ratio of 0.26 as of Sep. 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 Pasdec Holdings Bhd and its competitors. This is 13% above median its historical median of 0.23. Over the past decade, Pasdec Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.27. According to the industry distribution chart, Pasdec Holdings Bhd ranks #311 out of 1301 companies in the Real Estate industry, placing it in the top 23.9%.
Is Pasdec Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Pasdec Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.26 is 13% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.27. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Pasdec Holdings Bhd's value of 0.26 is 61.2% below this industry median. Based on the distribution chart, Pasdec Holdings Bhd ranks #311 out of 1301 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Pasdec Holdings Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pasdec Holdings Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Pasdec Holdings Bhd ranks #311 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Pasdec Holdings Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. Pasdec Holdings Bhd's value of 0.26 is 61.2% below this benchmark. Historically, Pasdec Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.27 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.67, Pasdec Holdings 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. Pasdec Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.26 is 61.2% 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 Pasdec Holdings Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pasdec Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.26, which is 13% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pasdec Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Pasdec Holdings Bhd (XKLS:6912) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.87, compared to a current price of RM0.30 — trading 66.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.26, which is 13% above median its 10-year median of 0.23 and 61.2% below the Real Estate industry median of 0.67. Pasdec Holdings Bhd's overall GF Score™ is 52/100 with 1 warning sign 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 Pasdec Holdings Bhd (XKLS:6912), the current Cyclically Adjusted PB Ratio is 0.26 as of Sep. 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 Pasdec Holdings Bhd (XKLS:6912) Overvalued in 2026?

Based on GuruFocus' analysis, Pasdec Holdings Bhd stock appears to be undervalued. The current stock price of RM0.30 is trading 66.1% below its estimated GF Value™ of RM0.87. GuruFocus considers Pasdec Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:6912:

  • Cyclically Adjusted PB Ratio: 0.26 (13% above median its 10-year median of 0.23)
  • GF Value™: RM0.87 vs. price of RM0.30 (66.1% below fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 61.2% below the Real Estate median (#311 of 1301)

No single metric tells the full story. See the XKLS:6912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pasdec Holdings Bhd Business Description

Address Level 21, Jalan Putra Square 6, Silk Ballroom, Level 3, Menara Zenith, The Zenith Hotel Kuantan, Putra Square, Kauntan, PHG, MYS, 25200
Pasdec Holdings Bhd is an investment holding company. The business of the company operates in segments that include Investment Holding, which provides management services; Property Development, which develops residential and commercial properties; Construction, that builds and constructs residential and commercial properties; and Others, which provides property management services. The Property Development segment generates the maximum revenue for the company. Geographically, it derives a majority of revenue from Malaysia.
52GF Score

Get the complete analysis for XKLS:6912

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

RM0.30
Price
RM0.87
GF Value