Watta Holding Bhd (XKLS:7226) Cyclically Adjusted PB Ratio: 0.55 (As of Jul. 31, 2026) — 21% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:7226 Watta Holding Bhd XKLS:7226
34 GF Score
Price RM0.42
GF Value RM0.25
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Watta Holding Bhd Cyclically Adjusted PB Ratio?

Watta Holding Bhd XKLS:7226 34 Cyclically Adjusted PB Ratio is 0.55 as of Jul. 31, 2026, which is 21% below its 10-year median of 0.70. GuruFocus rates XKLS:7226 with a GF Score™ of 34/100 and a GF Value™ of RM0.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,974 Hardware companies, Watta Holding Bhd ranks better than 85.31% on this metric.

As of today (2026-07-31), Watta Holding Bhd's current share price is RM0.42. Watta Holding Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.77. Watta Holding Bhd's Cyclically Adjusted PB Ratio for today is 0.55.

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

XKLS:7226' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.7   Max: 1.16
Current: 0.55

During the past years, Watta Holding Bhd's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.42. And the median was 0.70.

XKLS:7226's Cyclically Adjusted PB Ratio is ranked better than
85.31% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs XKLS:7226: 0.55

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.

Watta Holding Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.582. 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 RM0.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watta Holding Bhd  (XKLS:7226) 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.


Watta Holding Bhd Cyclically Adjusted PB Ratio Related Terms


Watta Holding Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Watta Holding 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.

Watta Holding Bhd Cyclically Adjusted PB Ratio Chart

Watta Holding Bhd Annual Data
Trend Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.68 0.76 0.55 0.50

Watta Holding 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 0.45 0.54 0.62 0.50 0.48

XKLS:7226 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Watta Holding 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.


Watta Holding Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Watta Holding Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:7226
34GF Score
Watta Holding Bhd XKLS:7226
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watta Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.77
=0.55

* 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.

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

For example, Watta Holding 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)
=0.582/330.2130*330.2130
=0.582

Current CPI (Mar. 2026) = 330.2130.

Watta Holding Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.652 238.132 0.904
201606 0.649 241.018 0.889
201609 0.659 241.428 0.901
201612 0.637 241.432 0.871
201703 0.625 243.801 0.847
201706 0.619 244.955 0.834
201712 0.000 246.524 0.000
201803 0.695 249.554 0.920
201806 0.691 251.989 0.906
201809 0.685 252.439 0.896
201812 0.662 251.233 0.870
201903 0.657 254.202 0.853
201906 0.653 256.143 0.842
201909 0.649 256.759 0.835
201912 0.685 256.974 0.880
202003 0.685 258.115 0.876
202006 0.676 257.797 0.866
202009 0.671 260.280 0.851
202012 0.668 260.474 0.847
202103 0.662 264.877 0.825
202106 0.655 271.696 0.796
202109 0.650 274.310 0.782
202112 0.654 278.802 0.775
202203 0.650 287.504 0.747
202206 0.646 296.311 0.720
202209 0.643 296.808 0.715
202212 0.644 296.797 0.717
202303 0.637 301.836 0.697
202306 0.630 305.109 0.682
202309 0.622 307.789 0.667
202312 0.621 306.746 0.669
202403 0.614 312.332 0.649
202406 0.608 314.175 0.639
202409 0.602 315.301 0.630
202412 0.604 315.605 0.632
202503 0.597 319.799 0.616
202506 0.591 322.561 0.605
202509 0.585 324.800 0.595
202512 0.588 324.054 0.599
202603 0.582 330.213 0.582

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 0.55 mean?
Watta Holding Bhd (XKLS:7226) has a Cyclically Adjusted PB Ratio of 0.55 as of Jul. 31, 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 Watta Holding Bhd and its competitors. This is 21% below median its historical median of 0.70. Over the past decade, Watta Holding Bhd's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.16. According to the industry distribution chart, Watta Holding Bhd ranks #290 out of 1974 companies in the Hardware industry, placing it in the top 14.7%.
Is Watta Holding Bhd's Cyclically Adjusted PB Ratio too high?
Watta Holding Bhd's current Cyclically Adjusted PB Ratio of 0.55 is 21% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.16. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Watta Holding Bhd's value of 0.55 is 72.4% below this industry median. Based on the distribution chart, Watta Holding Bhd ranks #290 out of 1974 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Watta Holding Bhd has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watta Holding Bhd's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Watta Holding Bhd ranks #290 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Watta Holding Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.99. Watta Holding Bhd's value of 0.55 is 72.4% below this benchmark. Historically, Watta Holding Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.16 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.99, Watta Holding 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 1.99, based on 1,974 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. Watta Holding Bhd's current Cyclically Adjusted PB Ratio of 0.55 is 72.4% 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 Watta Holding Bhd and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watta Holding Bhd's current Cyclically Adjusted PB Ratio is 0.55, which is 21% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watta Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Watta Holding Bhd (XKLS:7226) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.42 — trading 68% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 21% below median its 10-year median of 0.70 and 72.4% below the Hardware industry median of 1.99. Watta Holding Bhd's overall GF Score™ is 34/100 with 3 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 Watta Holding Bhd (XKLS:7226), the current Cyclically Adjusted PB Ratio is 0.55 as of Jul. 31, 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 Watta Holding Bhd (XKLS:7226) Overvalued in 2026?

Based on GuruFocus' analysis, Watta Holding Bhd stock appears to be overvalued. The current stock price of RM0.42 is trading 68% above its estimated GF Value™ of RM0.25. GuruFocus considers Watta Holding Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7226:

  • Cyclically Adjusted PB Ratio: 0.55 (21% below median its 10-year median of 0.70)
  • GF Value™: RM0.25 vs. price of RM0.42 (68% above fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 72.4% below the Hardware median (#290 of 1974)

No single metric tells the full story. See the XKLS:7226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watta Holding Bhd Business Description

Address Jalan Imbi, 12th Floor, Menara Cosway, Plaza Berjaya, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Watta Holding Bhd is a company whose principal activities include investment holding and management services. Along with its subsidiaries, the company has two reportable operating segments, Services and Investment holding and others. The majority of its revenue is generated from the Services segment, which is involved in the servicing of telecommunication equipment and related products. Geographically, the group predominantly operates in Malaysia.
34GF Score

Get the complete analysis for XKLS:7226

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

RM0.42
Price
RM0.25
GF Value