Skygate Solutions Bhd (XKLS:7249) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 23, 2026) — 13% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:7249 Skygate Solutions Bhd XKLS:7249
52 GF Score
Price RM0.75
GF Value RM1.54
Valuation Possible Value Trap
! 8 Warning Signs
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What is Skygate Solutions Bhd Cyclically Adjusted PB Ratio?

Skygate Solutions Bhd XKLS:7249 +0.67% 52 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 23, 2026, which is 13% above its 10-year median of 0.71. GuruFocus rates XKLS:7249 with a GF Score™ of 52/100 and a GF Value™ of RM1.54 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,431 Real Estate companies, Skygate Solutions Bhd ranks worse than 53.6% on this metric.

As of today (2026-07-23), Skygate Solutions Bhd's current share price is RM0.75. Skygate Solutions Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.94. Skygate Solutions Bhd's Cyclically Adjusted PB Ratio for today is 0.80.

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

XKLS:7249' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.71   Max: 1.73
Current: 0.76

During the past years, Skygate Solutions Bhd's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.33. And the median was 0.71.

XKLS:7249's Cyclically Adjusted PB Ratio is ranked worse than
53.6% of 1431 companies
in the Real Estate industry
Industry Median: 0.7 vs XKLS:7249: 0.76

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.

Skygate Solutions Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.843. 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 RM0.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skygate Solutions Bhd  (XKLS:7249) 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.


Skygate Solutions Bhd Cyclically Adjusted PB Ratio Related Terms


Skygate Solutions Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Skygate Solutions 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.

Skygate Solutions Bhd Cyclically Adjusted PB Ratio Chart

Skygate Solutions 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 0.35 0.42 1.41 1.04 0.70

Skygate Solutions 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 0.73 0.75 0.83 0.70 0.64

Skygate Solutions Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Skygate Solutions 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.


Skygate Solutions Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Skygate Solutions Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:7249
52GF Score
Skygate Solutions Bhd XKLS:7249
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skygate Solutions 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.75/0.94
=0.80

* 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.

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

For example, Skygate Solutions 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)
=0.843/330.2130*330.2130
=0.843

Current CPI (Mar. 2026) = 330.2130.

Skygate Solutions Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.616 241.018 0.844
201609 0.594 241.428 0.812
201612 0.577 241.432 0.789
201703 0.607 243.801 0.822
201706 0.609 244.955 0.821
201709 0.624 246.819 0.835
201712 0.592 246.524 0.793
201803 0.670 249.554 0.887
201806 0.728 251.989 0.954
201809 0.741 252.439 0.969
201812 0.734 251.233 0.965
201903 0.779 254.202 1.012
201906 0.833 256.143 1.074
201909 0.860 256.759 1.106
201912 0.840 256.974 1.079
202003 0.880 258.115 1.126
202006 0.886 257.797 1.135
202009 0.914 260.280 1.160
202012 0.850 260.474 1.078
202103 0.895 264.877 1.116
202106 0.896 271.696 1.089
202109 0.850 274.310 1.023
202112 0.834 278.802 0.988
202203 0.837 287.504 0.961
202206 0.834 296.311 0.929
202209 0.834 296.808 0.928
202212 0.827 296.797 0.920
202303 0.831 301.836 0.909
202306 0.833 305.109 0.902
202309 0.837 307.789 0.898
202312 0.842 306.746 0.906
202403 0.835 312.332 0.883
202406 0.786 314.175 0.826
202409 0.862 315.301 0.903
202412 0.870 315.605 0.910
202503 0.868 319.799 0.896
202506 0.870 322.561 0.891
202509 0.857 324.800 0.871
202512 0.851 324.054 0.867
202603 0.843 330.213 0.843

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 0.80 mean?
Skygate Solutions Bhd (XKLS:7249) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 23, 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 Skygate Solutions Bhd and its competitors. This is 13% above median its historical median of 0.71. Over the past decade, Skygate Solutions Bhd's Cyclically Adjusted PB Ratio has ranged from 0.33 to 1.73. According to the industry distribution chart, Skygate Solutions Bhd ranks #767 out of 1431 companies in the Real Estate industry, placing it in the top 53.6%.
Is Skygate Solutions Bhd's Cyclically Adjusted PB Ratio too high?
Skygate Solutions Bhd's current Cyclically Adjusted PB Ratio of 0.80 is 13% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.73. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Skygate Solutions Bhd's value of 0.80 is 14.3% above this industry median. Based on the distribution chart, Skygate Solutions Bhd ranks #767 out of 1431 companies in the Real Estate industry, which is below the industry midpoint. Overall, Skygate Solutions Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skygate Solutions Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Skygate Solutions Bhd ranks #767 out of 1431 companies for Cyclically Adjusted PB Ratio. This places Skygate Solutions Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Skygate Solutions Bhd's value of 0.80 is 14.3% above this benchmark. Historically, Skygate Solutions Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 1.73 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.70, Skygate Solutions 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,431 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. Skygate Solutions Bhd's current Cyclically Adjusted PB Ratio of 0.80 is 14.3% 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 Skygate Solutions Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skygate Solutions Bhd's current Cyclically Adjusted PB Ratio is 0.80, which is 13% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skygate Solutions Bhd stock overvalued right now?
Based on GuruFocus' analysis, Skygate Solutions Bhd (XKLS:7249) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.54, compared to a current price of RM0.75 — trading 51.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 13% above median its 10-year median of 0.71 and 14.3% above the Real Estate industry median of 0.70. Skygate Solutions Bhd's overall GF Score™ is 52/100 with 8 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 Skygate Solutions Bhd (XKLS:7249), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 23, 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 Skygate Solutions Bhd (XKLS:7249) Overvalued in 2026?

Based on GuruFocus' analysis, Skygate Solutions Bhd stock appears to be undervalued. The current stock price of RM0.75 is trading 51.3% below its estimated GF Value™ of RM1.54. GuruFocus considers Skygate Solutions Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7249:

  • Cyclically Adjusted PB Ratio: 0.80 (13% above median its 10-year median of 0.71)
  • GF Value™: RM1.54 vs. price of RM0.75 (51.3% below fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 14.3% above the Real Estate median (#767 of 1431)

No single metric tells the full story. See the XKLS:7249 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skygate Solutions Bhd Business Description

Address No. 1, Lebuh Tunku Kudin 3, Suite 1-01-02 Menara IJM Land, Gelugor, PNG, MYS, 11700
Skygate Solutions Bhd formerly Ewein Bhd is a Malaysia-based metal fabrication company. It operates through four business segments. The manufacturing segment involves the manufacturing of precision sheet metal fabricated parts and the design and fabrication of moulds, tools, and dies. The property development and construction segment comprises the development of residential properties and trading in construction materials. Property Management offers to let and manage an office building, factory building, heritage, and cultural property. The investment holding segment manages investment holding activities. Geographically, it has operations in Malaysia, China, Indonesia, USA, Japan, Europe, and other countries. Maximum revenue is generated from the Manufacturing.
52GF Score

Get the complete analysis for XKLS:7249

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

RM0.75
Price
RM1.54
GF Value