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Kobay Technology BhdXKLS:6971 +2.18%73 Cyclically Adjusted PB Ratio is 2.41 as of Jul. 22, 2026, which is 24% above its 10-year median of 1.94. GuruFocus rates XKLS:6971 with a GF Score™ of 73/100 and a GF Value™ of RM1.89 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,285 Industrial Products companies, Kobay Technology Bhd ranks worse than 52.56% on this metric.
The historical rank and industry rank for Kobay Technology Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:
XKLS:6971'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91 Med: 1.94 Max: 11.51
Current: 2.29
During the past years, Kobay Technology Bhd's highest Cyclically Adjusted PB Ratio was 11.51. The lowest was 0.91. And the median was 1.94.
XKLS:6971's Cyclically Adjusted PB Ratio is ranked worse than 52.56% of 2285
companies
in the Industrial Products industry
Industry Median: 2.12
vs XKLS:6971: 2.29
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.
Kobay Technology Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.237. 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 RM0.97 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kobay Technology Bhd (XKLS:6971) 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.
Kobay Technology Bhd Cyclically Adjusted PB Ratio Related Terms
Kobay Technology Bhd Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Kobay Technology 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.
Kobay Technology Bhd Cyclically Adjusted PB Ratio Chart
XKLS:6971 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison
For the Metal Fabrication subindustry, Kobay Technology 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.
Kobay Technology Bhd Cyclically Adjusted PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kobay Technology Bhd's Cyclically Adjusted PB Ratio falls into.
Kobay Technology 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.
* 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 2.41 mean?
Kobay Technology Bhd (XKLS:6971) has a Cyclically Adjusted PB Ratio of 2.41 as of Jul. 22, 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 Kobay Technology Bhd and its competitors. This is 24% above median its historical median of 1.94. Over the past decade, Kobay Technology Bhd's Cyclically Adjusted PB Ratio has ranged from 0.91 to 11.51. According to the industry distribution chart, Kobay Technology Bhd ranks #1201 out of 2285 companies in the Industrial Products industry, placing it in the top 52.6%.
Is Kobay Technology Bhd's Cyclically Adjusted PB Ratio too high?
Kobay Technology Bhd's current Cyclically Adjusted PB Ratio of 2.41 is 24% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 11.51. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Kobay Technology Bhd's value of 2.41 is 13.7% above this industry median. Based on the distribution chart, Kobay Technology Bhd ranks #1201 out of 2285 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kobay Technology Bhd has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Kobay Technology Bhd ranks #1201 out of 2285 companies for Cyclically Adjusted PB Ratio. This places Kobay Technology Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Kobay Technology Bhd's value of 2.41 is 13.7% above this benchmark. Historically, Kobay Technology Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.91 to 11.51 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 2.12, Kobay Technology Bhd has consistently been above 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,285 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. Kobay Technology Bhd's current Cyclically Adjusted PB Ratio of 2.41 is 13.7% above 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 Kobay Technology Bhd and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobay Technology Bhd's current Cyclically Adjusted PB Ratio is 2.41, which is 24% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.89, compared to a current price of RM2.34 — trading 23.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.41, which is 24% above median its 10-year median of 1.94 and 13.7% above the Industrial Products industry median of 2.12. Kobay Technology Bhd's overall GF Score™ is 73/100 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 Kobay Technology Bhd (XKLS:6971), the current Cyclically Adjusted PB Ratio is 2.41 as of Jul. 22, 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?
Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued.
The current stock price of RM2.34 is trading 23.8% above its estimated GF Value™ of RM1.89.
GuruFocus considers Kobay Technology Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:6971:
Cyclically Adjusted PB Ratio: 2.41 (24% above median its 10-year median of 1.94)
GF Value™: RM1.89 vs. price of RM2.34 (23.8% above fair value)
Industry Position: 13.7% above the Industrial Products median (#1201 of 2285)
No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
73GF Score
Get the complete analysis for XKLS:6971
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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