Jasa Kita Bhd (XKLS:8648) Cyclically Adjusted PB Ratio: 1.08 (As of Sep. 12, 2026) — 61% 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:8648 Jasa Kita Bhd XKLS:8648
55 GF Score
Price RM0.22
GF Value RM0.21
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Jasa Kita Bhd Cyclically Adjusted PB Ratio?

Jasa Kita Bhd XKLS:8648 55 Cyclically Adjusted PB Ratio is 1.08 as of Sep. 12, 2026, which is 61% above its 10-year median of 0.67. GuruFocus rates XKLS:8648 with a GF Score™ of 55/100 and a GF Value™ of RM0.21 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,098 Industrial Products companies, Jasa Kita Bhd ranks better than 71.45% on this metric.

As of today (2026-09-12), Jasa Kita Bhd's current share price is RM0.215. Jasa Kita Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.20. Jasa Kita Bhd's Cyclically Adjusted PB Ratio for today is 1.08.

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

XKLS:8648' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.67   Max: 2.05
Current: 1.1

During the past years, Jasa Kita Bhd's highest Cyclically Adjusted PB Ratio was 2.05. The lowest was 0.33. And the median was 0.67.

XKLS:8648's Cyclically Adjusted PB Ratio is ranked better than
71.45% of 2098 companies
in the Industrial Products industry
Industry Median: 2.14 vs XKLS:8648: 1.10

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.

Jasa Kita Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.137. 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 RM0.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jasa Kita Bhd  (XKLS:8648) 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.


Jasa Kita Bhd Cyclically Adjusted PB Ratio Related Terms


Jasa Kita Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jasa Kita 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.

Jasa Kita Bhd Cyclically Adjusted PB Ratio Chart

Jasa Kita Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.67 0.73 1.38 1.01

Jasa Kita 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 1.43 1.86 1.32 1.01 1.05

XKLS:8648 vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Jasa Kita 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.


Jasa Kita Bhd Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jasa Kita Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:8648
55GF Score
Jasa Kita Bhd XKLS:8648
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jasa Kita 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.215/0.20
=1.08

* 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.

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

For example, Jasa Kita 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)
=0.137/333.9520*333.9520
=0.137

Current CPI (Jun. 2026) = 333.9520.

Jasa Kita Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.204 241.428 0.282
201612 0.199 241.432 0.275
201703 0.190 243.801 0.260
201706 0.189 244.955 0.258
201709 0.187 246.819 0.253
201712 0.184 246.524 0.249
201803 0.181 249.554 0.242
201806 0.179 251.989 0.237
201809 0.177 252.439 0.234
201812 0.171 251.233 0.227
201903 0.154 254.202 0.202
201906 0.153 256.143 0.199
201909 0.150 256.759 0.195
201912 0.148 256.974 0.192
202003 0.145 258.115 0.188
202006 0.144 257.797 0.187
202009 0.143 260.280 0.183
202012 0.143 260.474 0.183
202103 0.144 264.877 0.182
202106 0.143 271.696 0.176
202109 0.143 274.310 0.174
202112 0.142 278.802 0.170
202203 0.144 287.504 0.167
202206 0.144 296.311 0.162
202209 0.145 296.808 0.163
202212 0.145 296.797 0.163
202303 0.144 301.836 0.159
202306 0.142 305.109 0.155
202309 0.144 307.789 0.156
202312 0.144 306.746 0.157
202403 0.145 312.332 0.155
202406 0.219 314.175 0.233
202409 0.204 315.301 0.216
202412 0.191 315.605 0.202
202503 0.188 319.799 0.196
202506 0.189 322.561 0.196
202509 0.189 324.800 0.194
202512 0.138 324.054 0.142
202603 0.136 330.213 0.138
202606 0.137 333.952 0.137

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 1.08 mean?
Jasa Kita Bhd (XKLS:8648) has a Cyclically Adjusted PB Ratio of 1.08 as of Sep. 12, 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 Jasa Kita Bhd and its competitors. This is 61% above median its historical median of 0.67. Over the past decade, Jasa Kita Bhd's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.05. According to the industry distribution chart, Jasa Kita Bhd ranks #599 out of 2098 companies in the Industrial Products industry, placing it in the top 28.6%.
Is Jasa Kita Bhd's Cyclically Adjusted PB Ratio too high?
Jasa Kita Bhd's current Cyclically Adjusted PB Ratio of 1.08 is 61% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.05. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Jasa Kita Bhd's value of 1.08 is 49.5% below this industry median. Based on the distribution chart, Jasa Kita Bhd ranks #599 out of 2098 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jasa Kita Bhd has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jasa Kita Bhd's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Jasa Kita Bhd ranks #599 out of 2098 companies for Cyclically Adjusted PB Ratio. This puts Jasa Kita Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Jasa Kita Bhd's value of 1.08 is 49.5% below this benchmark. Historically, Jasa Kita Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.05 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.14, Jasa Kita 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,098 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. Jasa Kita Bhd's current Cyclically Adjusted PB Ratio of 1.08 is 49.5% 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 Jasa Kita Bhd and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jasa Kita Bhd's current Cyclically Adjusted PB Ratio is 1.08, which is 61% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jasa Kita Bhd stock overvalued right now?
Based on GuruFocus' analysis, Jasa Kita Bhd (XKLS:8648) is currently considered Fairly Valued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.22 — trading 2.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 61% above median its 10-year median of 0.67 and 49.5% below the Industrial Products industry median of 2.14. Jasa Kita Bhd's overall GF Score™ is 55/100 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 Jasa Kita Bhd (XKLS:8648), the current Cyclically Adjusted PB Ratio is 1.08 as of Sep. 12, 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 Jasa Kita Bhd (XKLS:8648) Overvalued in 2026?

Based on GuruFocus' analysis, Jasa Kita Bhd stock appears to be overvalued. The current stock price of RM0.22 is trading 2.4% above its estimated GF Value™ of RM0.21. GuruFocus considers Jasa Kita Bhd to be Fairly Valued.

Key valuation signals for XKLS:8648:

  • Cyclically Adjusted PB Ratio: 1.08 (61% above median its 10-year median of 0.67)
  • GF Value™: RM0.21 vs. price of RM0.22 (2.4% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 49.5% below the Industrial Products median (#599 of 2098)

No single metric tells the full story. See the XKLS:8648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jasa Kita Bhd Business Description

Address No. 282, Jalan Raja Laut, 28th Floor, Menara JKG, Kuala Lumpur, MYS, 50350
Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading, Investment holding and others. The company generates maximum revenue from the Distribution and trading segment, which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include power tools, hand and air tools, electric motors, and others.
55GF Score

Get the complete analysis for XKLS:8648

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

RM0.22
Price
RM0.21
GF Value