TXCD Bhd (XKLS:7145) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 25, 2026) — 50% Above 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:7145 TXCD Bhd XKLS:7145
41 GF Score
Price RM0.16
GF Value RM0.02
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is TXCD Bhd Cyclically Adjusted PB Ratio?

TXCD Bhd XKLS:7145 41 Cyclically Adjusted PB Ratio is 0.03 as of Jul. 25, 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates XKLS:7145 with a GF Score™ of 41/100 and a GF Value™ of RM0.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,363 Construction companies, TXCD Bhd ranks better than 99.41% on this metric.

As of today (2026-07-25), TXCD Bhd's current share price is RM0.155. TXCD Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM5.45. TXCD Bhd's Cyclically Adjusted PB Ratio for today is 0.03.

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

XKLS:7145' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.2
Current: 0.03

During the past years, TXCD Bhd's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.01. And the median was 0.02.

XKLS:7145's Cyclically Adjusted PB Ratio is ranked better than
99.41% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs XKLS:7145: 0.03

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.

TXCD Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM-0.091. 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 RM5.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TXCD Bhd  (XKLS:7145) 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.


TXCD Bhd Cyclically Adjusted PB Ratio Related Terms


TXCD Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TXCD 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.

TXCD Bhd Cyclically Adjusted PB Ratio Chart

TXCD Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.14 0.02

TXCD Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Mar24 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 0.02 0.02 0.02 0.02 0.02

XKLS:7145 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, TXCD 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.


TXCD Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:7145
41GF Score
TXCD Bhd XKLS:7145
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TXCD 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.155/5.45
=0.03

* 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.

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

For example, TXCD 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)
=-0.091/330.2130*330.2130
=-0.091

Current CPI (Mar. 2026) = 330.2130.

TXCD Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.024 234.812 9.878
201503 7.152 236.119 10.002
201506 7.172 238.638 9.924
201509 7.307 237.945 10.140
201512 7.266 236.525 10.144
201603 7.259 238.132 10.066
201606 7.335 241.018 10.050
201609 7.432 241.428 10.165
201612 7.848 241.432 10.734
201703 7.588 243.801 10.277
201706 7.091 244.955 9.559
201709 7.137 246.819 9.548
201803 7.172 249.554 9.490
201809 7.236 252.439 9.465
201812 7.249 251.233 9.528
201903 7.264 254.202 9.436
201906 7.056 256.143 9.096
201909 6.474 256.759 8.326
201912 5.779 256.974 7.426
202003 5.218 258.115 6.676
202006 2.739 257.797 3.508
202009 2.726 260.280 3.458
202012 2.740 260.474 3.474
202103 2.720 264.877 3.391
202106 2.697 271.696 3.278
202109 2.857 274.310 3.439
202112 2.550 278.802 3.020
202203 2.581 287.504 2.964
202209 1.111 296.808 1.236
202303 0.207 301.836 0.226
202306 0.448 305.109 0.485
202309 0.189 307.789 0.203
202403 0.271 312.332 0.287
202409 -0.115 315.301 -0.120
202412 -0.114 315.605 -0.119
202503 -0.111 319.799 -0.115
202506 -0.112 322.561 -0.115
202509 -0.106 324.800 -0.108
202512 -0.098 324.054 -0.100
202603 -0.091 330.213 -0.091

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 0.03 mean?
TXCD Bhd (XKLS:7145) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 25, 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 TXCD Bhd and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, TXCD Bhd's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.20. According to the industry distribution chart, TXCD Bhd ranks #8 out of 1363 companies in the Construction industry, placing it in the top 0.59999999999999%.
Is TXCD Bhd's Cyclically Adjusted PB Ratio too high?
TXCD Bhd's current Cyclically Adjusted PB Ratio of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.20. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. TXCD Bhd's value of 0.03 is 97.4% below this industry median. Based on the distribution chart, TXCD Bhd ranks #8 out of 1363 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TXCD Bhd has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TXCD Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, TXCD Bhd ranks #8 out of 1363 companies for Cyclically Adjusted PB Ratio. This places TXCD Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.17. TXCD Bhd's value of 0.03 is 97.4% below this benchmark. Historically, TXCD Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.20 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 1.17, TXCD 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 1.17, based on 1,363 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. TXCD Bhd's current Cyclically Adjusted PB Ratio of 0.03 is 97.4% 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 TXCD Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TXCD Bhd's current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXCD Bhd stock overvalued right now?
Based on GuruFocus' analysis, TXCD Bhd (XKLS:7145) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.16 — trading 675% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its 10-year median of 0.02 and 97.4% below the Construction industry median of 1.17. TXCD Bhd's overall GF Score™ is 41/100 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 TXCD Bhd (XKLS:7145), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 25, 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 TXCD Bhd (XKLS:7145) Overvalued in 2026?

Based on GuruFocus' analysis, TXCD Bhd stock appears to be overvalued. The current stock price of RM0.16 is trading 675% above its estimated GF Value™ of RM0.02. GuruFocus considers TXCD Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7145:

  • Cyclically Adjusted PB Ratio: 0.03 (50% above median its 10-year median of 0.02)
  • GF Value™: RM0.02 vs. price of RM0.16 (675% above fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 97.4% below the Construction median (#8 of 1363)

No single metric tells the full story. See the XKLS:7145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TXCD Bhd Business Description

Other Exchanges 7145PA.PFD:Malaysia
Address No.5, Jalan 4/83A, A-17-09, Menara Atlas, Bangsar Trade Centre, Off Jalan Pantai Baru, Kuala Lumpur, SGR, MYS, 59200
TXCD Bhd operates as an investment holding company. Its principal activities are mainly construction and property development. The company's segments include Construction, which is engaged in construction works and trading; and Property Development, which is engaged in the development of residential and commercial properties. It generates revenue from Malaysia.
41GF Score

Get the complete analysis for XKLS:7145

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

RM0.16
Price
RM0.02
GF Value