Tek Seng Holdings Bhd (XKLS:7200) Cyclically Adjusted PB Ratio: 0.32 (As of Sep. 04, 2026) — 22% Below Median

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XKLS:7200 Tek Seng Holdings Bhd XKLS:7200
53 GF Score
Price RM0.24
GF Value RM0.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio?

Tek Seng Holdings Bhd XKLS:7200 53 Cyclically Adjusted PB Ratio is 0.32 as of Sep. 04, 2026, which is 22% below its 10-year median of 0.41. GuruFocus rates XKLS:7200 with a GF Score™ of 53/100 and a GF Value™ of RM0.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Tek Seng Holdings Bhd ranks better than 85.67% on this metric.

As of today (2026-09-04), Tek Seng Holdings Bhd's current share price is RM0.24. Tek Seng Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.76. Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.32.

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

XKLS:7200' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 1.86
Current: 0.31

During the past years, Tek Seng Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.22. And the median was 0.41.

XKLS:7200's Cyclically Adjusted PB Ratio is ranked better than
85.67% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.94 vs XKLS:7200: 0.31

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.

Tek Seng Holdings Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.695. 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 RM0.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tek Seng Holdings Bhd  (XKLS:7200) 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.


Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tek Seng 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.

Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio Chart

Tek Seng 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 0.60 0.44 0.41 0.35 0.29

Tek Seng 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 0.32 0.30 0.29 0.25 0.31

Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Tek Seng 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.


Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:7200
53GF Score
Tek Seng Holdings Bhd XKLS:7200
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tek Seng 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.24/0.76
=0.32

* 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.

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

For example, Tek Seng 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)
=0.695/333.9520*333.9520
=0.695

Current CPI (Jun. 2026) = 333.9520.

Tek Seng Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.710 241.428 0.982
201612 0.679 241.432 0.939
201703 0.684 243.801 0.937
201706 0.693 244.955 0.945
201709 0.680 246.819 0.920
201712 0.736 246.524 0.997
201803 0.729 249.554 0.976
201806 0.615 251.989 0.815
201809 0.605 252.439 0.800
201812 0.586 251.233 0.779
201903 0.587 254.202 0.771
201906 0.576 256.143 0.751
201909 0.576 256.759 0.749
201912 0.534 256.974 0.694
202003 0.538 258.115 0.696
202006 0.556 257.797 0.720
202009 0.574 260.280 0.736
202012 0.597 260.474 0.765
202103 0.602 264.877 0.759
202106 0.615 271.696 0.756
202109 0.607 274.310 0.739
202112 0.610 278.802 0.731
202203 0.613 287.504 0.712
202206 0.621 296.311 0.700
202209 0.628 296.808 0.707
202212 0.629 296.797 0.708
202303 0.640 301.836 0.708
202306 0.644 305.109 0.705
202309 0.645 307.789 0.700
202312 0.647 306.746 0.704
202403 0.654 312.332 0.699
202406 0.657 314.175 0.698
202409 0.662 315.301 0.701
202412 0.665 315.605 0.704
202503 0.663 319.799 0.692
202506 0.670 322.561 0.694
202509 0.679 324.800 0.698
202512 0.687 324.054 0.708
202603 0.699 330.213 0.707
202606 0.695 333.952 0.695

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 0.32 mean?
Tek Seng Holdings Bhd (XKLS:7200) has a Cyclically Adjusted PB Ratio of 0.32 as of Sep. 04, 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 Tek Seng Holdings Bhd and its competitors. This is 22% below median its historical median of 0.41. Over the past decade, Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.22 to 1.86. According to the industry distribution chart, Tek Seng Holdings Bhd ranks #91 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.3%.
Is Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Tek Seng Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.32 is 22% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.86. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.94. Tek Seng Holdings Bhd's value of 0.32 is 66% below this industry median. Based on the distribution chart, Tek Seng Holdings Bhd ranks #91 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Tek Seng Holdings Bhd has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tek Seng Holdings Bhd ranks #91 out of 635 companies for Cyclically Adjusted PB Ratio. This places Tek Seng Holdings Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.94. Tek Seng Holdings Bhd's value of 0.32 is 66% below this benchmark. Historically, Tek Seng Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 1.86 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.94, Tek Seng 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.94, based on 635 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. Tek Seng Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.32 is 66% 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 Tek Seng Holdings Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tek Seng Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.32, which is 22% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tek Seng Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tek Seng Holdings Bhd (XKLS:7200) is currently considered Fairly Valued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.24 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 22% below median its 10-year median of 0.41 and 66% below the Manufacturing - Apparel & Accessories industry median of 0.94. Tek Seng Holdings Bhd's overall GF Score™ is 53/100 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 Tek Seng Holdings Bhd (XKLS:7200), the current Cyclically Adjusted PB Ratio is 0.32 as of Sep. 04, 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 Tek Seng Holdings Bhd (XKLS:7200) Overvalued in 2026?

Based on GuruFocus' analysis, Tek Seng Holdings Bhd stock appears to be undervalued. The current stock price of RM0.24 is trading 0% below its estimated GF Value™ of RM0.24. GuruFocus considers Tek Seng Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:7200:

  • Cyclically Adjusted PB Ratio: 0.32 (22% below median its 10-year median of 0.41)
  • GF Value™: RM0.24 vs. price of RM0.24 (0% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 66% below the Manufacturing - Apparel & Accessories median (#91 of 635)

No single metric tells the full story. See the XKLS:7200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tek Seng Holdings Bhd Business Description

Address Plot 159, MK13, Jalan Perindustrian Bukit Minyak 7, Bukit Minyak Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Tek Seng Holdings Bhd is an investment holding company. It operates through three segments: the polyvinyl chloride (PVC) segment, the Photovoltaic Solar segment, and the Property investment segment. The PVC segment is engaged in the manufacturing and trading of PVC sheeting, PolyPropylene (PP) Non-Woven, PVC leather-related products for industrial and consumer use. Whereas the Solar segment is engaged in the Trading of Solar Cell products and generating and supplying renewable energy. The Property investment segment is engaged in rental income from investment properties. The majority of revenue is from the PVC segment. Geographically, the majority of revenue is derived from Malaysia.
53GF Score

Get the complete analysis for XKLS:7200

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

RM0.24
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RM0.24
GF Value