Progressive Impact Bhd (XKLS:7201) Cyclically Adjusted PB Ratio: 0.50 (As of Jul. 22, 2026) — 11% Below Median

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What is Progressive Impact Bhd Cyclically Adjusted PB Ratio?

Progressive Impact Bhd XKLS:7201 +8.33% Cyclically Adjusted PB Ratio is 0.50 as of Jul. 22, 2026, which is 11% below its 10-year median of 0.56. The stock has 8 warning signs investors should review. Among 161 Waste Management companies, Progressive Impact Bhd ranks better than 76.4% on this metric.

As of today (2026-07-22), Progressive Impact Bhd's current share price is RM0.065. Progressive Impact Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.13. Progressive Impact Bhd's Cyclically Adjusted PB Ratio for today is 0.50.

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

XKLS:7201' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.56   Max: 2.06
Current: 0.52

During the past years, Progressive Impact Bhd's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.21. And the median was 0.56.

XKLS:7201's Cyclically Adjusted PB Ratio is ranked better than
76.4% of 161 companies
in the Waste Management industry
Industry Median: 1.59 vs XKLS:7201: 0.52

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.

Progressive Impact Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.073. 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 RM0.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Progressive Impact Bhd  (XKLS:7201) 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.


Progressive Impact Bhd Cyclically Adjusted PB Ratio Related Terms


Progressive Impact Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Progressive Impact 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.

Progressive Impact Bhd Cyclically Adjusted PB Ratio Chart

Progressive Impact 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 0.66 1.64 0.63 0.40 0.32

Progressive Impact 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 0.37 0.26 0.27 0.32 0.28

XKLS:7201 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Progressive Impact 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.


Progressive Impact Bhd Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Progressive Impact Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Progressive Impact 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.13
=0.50

* 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.

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

For example, Progressive Impact 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)
=0.073/330.2130*330.2130
=0.073

Current CPI (Mar. 2026) = 330.2130.

Progressive Impact Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.142 241.018 0.195
201609 0.144 241.428 0.197
201612 0.134 241.432 0.183
201703 0.138 243.801 0.187
201706 0.128 244.955 0.173
201709 0.127 246.819 0.170
201712 0.129 246.524 0.173
201803 0.130 249.554 0.172
201806 0.124 251.989 0.162
201809 0.120 252.439 0.157
201812 0.122 251.233 0.160
201903 0.123 254.202 0.160
201906 0.122 256.143 0.157
201909 0.121 256.759 0.156
201912 0.122 256.974 0.157
202003 0.120 258.115 0.154
202006 0.118 257.797 0.151
202009 0.111 260.280 0.141
202012 0.112 260.474 0.142
202103 0.111 264.877 0.138
202106 0.106 271.696 0.129
202109 0.094 274.310 0.113
202112 0.100 278.802 0.118
202203 0.097 287.504 0.111
202206 0.093 296.311 0.104
202209 0.085 296.808 0.095
202212 0.080 296.797 0.089
202303 0.078 301.836 0.085
202306 0.076 305.109 0.082
202309 0.074 307.789 0.079
202312 0.073 306.746 0.079
202403 0.071 312.332 0.075
202406 0.067 314.175 0.070
202409 0.071 315.301 0.074
202412 0.068 315.605 0.071
202503 0.068 319.799 0.070
202506 0.068 322.561 0.070
202509 0.066 324.800 0.067
202512 0.072 324.054 0.073
202603 0.073 330.213 0.073

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 0.50 mean?
Progressive Impact Bhd (XKLS:7201) has a Cyclically Adjusted PB Ratio of 0.50 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 Progressive Impact Bhd and its competitors. This is 11% below median its historical median of 0.56. Over the past decade, Progressive Impact Bhd's Cyclically Adjusted PB Ratio has ranged from 0.21 to 2.06. According to the industry distribution chart, Progressive Impact Bhd ranks #38 out of 161 companies in the Waste Management industry, placing it in the top 23.6%.
Is Progressive Impact Bhd's Cyclically Adjusted PB Ratio too high?
Progressive Impact Bhd's current Cyclically Adjusted PB Ratio of 0.50 is 11% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.06. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.59. Progressive Impact Bhd's value of 0.50 is 68.6% below this industry median. Based on the distribution chart, Progressive Impact Bhd ranks #38 out of 161 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does Progressive Impact Bhd's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Progressive Impact Bhd ranks #38 out of 161 companies for Cyclically Adjusted PB Ratio. This places Progressive Impact Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.59. Progressive Impact Bhd's value of 0.50 is 68.6% below this benchmark. Historically, Progressive Impact Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 2.06 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.59, Progressive Impact 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.59, based on 161 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. Progressive Impact Bhd's current Cyclically Adjusted PB Ratio of 0.50 is 68.6% 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 Progressive Impact Bhd and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Impact Bhd's current Cyclically Adjusted PB Ratio is 0.50, which is 11% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Impact Bhd stock overvalued right now?
Based on GuruFocus' analysis, Progressive Impact Bhd (XKLS:7201) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 11% below median its 10-year median of 0.56 and 68.6% below the Waste Management industry median of 1.59. 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 Progressive Impact Bhd (XKLS:7201), the current Cyclically Adjusted PB Ratio is 0.50 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.

Progressive Impact Bhd Business Description

Address Lot 10, Jalan Astaka U8/84, Suite 5.02, Mercu PICORP, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Progressive Impact Corp Bhd is a Malaysia-based investment company engaged in the provision of environmental consulting and monitoring, monitoring systems integration, ocean data monitoring, laboratory testing services, and wastewater treatment and solution. The group's business segments are Environmental consultancy and monitoring services that provide environmental-related services, Laboratory testing services that offer chemical testing, consultancy, and related services, and Wastewater treatment and solutions engaged in the provision of sewerage and solid waste management systems. It operates in Malaysia, Indonesia, and Saudi Arabia, and generates its key revenue from Malaysia.