Ekovest Bhd (XKLS:8877) Cyclically Adjusted PB Ratio: 0.19 (As of Jul. 31, 2026) — 60% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:8877 Ekovest Bhd XKLS:8877
17 GF Score
Price RM0.20
GF Value RM0.30
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ekovest Bhd Cyclically Adjusted PB Ratio?

Ekovest Bhd XKLS:8877 17 Cyclically Adjusted PB Ratio is 0.19 as of Jul. 31, 2026, which is 60% below its 10-year median of 0.47. GuruFocus rates XKLS:8877 with a GF Score™ of 17/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,349 Construction companies, Ekovest Bhd ranks better than 93.85% on this metric.

As of today (2026-07-31), Ekovest Bhd's current share price is RM0.20. Ekovest Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.04. Ekovest Bhd's Cyclically Adjusted PB Ratio for today is 0.19.

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

XKLS:8877' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.47   Max: 1.23
Current: 0.19

During the past years, Ekovest Bhd's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.19. And the median was 0.47.

XKLS:8877's Cyclically Adjusted PB Ratio is ranked better than
93.85% of 1349 companies
in the Construction industry
Industry Median: 1.15 vs XKLS:8877: 0.19

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.

Ekovest Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.689. 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 RM1.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ekovest Bhd  (XKLS:8877) 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.


Ekovest Bhd Cyclically Adjusted PB Ratio Related Terms


Ekovest Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ekovest 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.

Ekovest Bhd Cyclically Adjusted PB Ratio Chart

Ekovest Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.45 0.39 0.45 0.34

Ekovest 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 0.28 0.34 0.38 0.28 0.20

XKLS:8877 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Ekovest 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.


Ekovest Bhd Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ekovest Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:8877
17GF Score
Ekovest Bhd XKLS:8877
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ekovest 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.20/1.04
=0.19

* 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.

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

For example, Ekovest 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)
=0.689/330.2130*330.2130
=0.689

Current CPI (Mar. 2026) = 330.2130.

Ekovest Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.616 241.018 0.844
201609 0.635 241.428 0.869
201612 0.654 241.432 0.894
201703 0.897 243.801 1.215
201706 0.901 244.955 1.215
201709 0.917 246.819 1.227
201712 0.943 246.524 1.263
201803 0.931 249.554 1.232
201806 0.940 251.989 1.232
201809 0.963 252.439 1.260
201812 0.983 251.233 1.292
201903 0.997 254.202 1.295
201906 0.924 256.143 1.191
201909 0.947 256.759 1.218
201912 0.958 256.974 1.231
202003 0.952 258.115 1.218
202006 0.929 257.797 1.190
202009 0.926 260.280 1.175
202012 0.932 260.474 1.182
202103 0.933 264.877 1.163
202106 0.940 271.696 1.142
202109 0.937 274.310 1.128
202112 0.942 278.802 1.116
202203 0.939 287.504 1.078
202206 0.893 296.311 0.995
202209 0.893 296.808 0.994
202212 0.893 296.797 0.994
202303 0.891 301.836 0.975
202306 0.855 305.109 0.925
202309 0.817 307.789 0.877
202312 0.800 306.746 0.861
202403 0.796 312.332 0.842
202406 0.774 314.175 0.814
202409 0.765 315.301 0.801
202412 0.750 315.605 0.785
202503 0.747 319.799 0.771
202506 0.727 322.561 0.744
202509 0.729 324.800 0.741
202512 0.715 324.054 0.729
202603 0.689 330.213 0.689

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 0.19 mean?
Ekovest Bhd (XKLS:8877) has a Cyclically Adjusted PB Ratio of 0.19 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 Ekovest Bhd and its competitors. This is 60% below median its historical median of 0.47. Over the past decade, Ekovest Bhd's Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.23. According to the industry distribution chart, Ekovest Bhd ranks #83 out of 1349 companies in the Construction industry, placing it in the top 6.2%.
Is Ekovest Bhd's Cyclically Adjusted PB Ratio too high?
Ekovest Bhd's current Cyclically Adjusted PB Ratio of 0.19 is 60% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.23. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Ekovest Bhd's value of 0.19 is 83.5% below this industry median. Based on the distribution chart, Ekovest Bhd ranks #83 out of 1349 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ekovest Bhd has a GF Score™ of 17/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ekovest Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Ekovest Bhd ranks #83 out of 1349 companies for Cyclically Adjusted PB Ratio. This places Ekovest Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.15. Ekovest Bhd's value of 0.19 is 83.5% below this benchmark. Historically, Ekovest Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.23 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.15, Ekovest 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,349 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. Ekovest Bhd's current Cyclically Adjusted PB Ratio of 0.19 is 83.5% 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 Ekovest Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ekovest Bhd's current Cyclically Adjusted PB Ratio is 0.19, which is 60% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekovest Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ekovest Bhd (XKLS:8877) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.20 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 60% below median its 10-year median of 0.47 and 83.5% below the Construction industry median of 1.15. Ekovest Bhd's overall GF Score™ is 17/100 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 Ekovest Bhd (XKLS:8877), the current Cyclically Adjusted PB Ratio is 0.19 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 Ekovest Bhd (XKLS:8877) Overvalued in 2026?

Based on GuruFocus' analysis, Ekovest Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 33.3% below its estimated GF Value™ of RM0.30. GuruFocus considers Ekovest Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8877:

  • Cyclically Adjusted PB Ratio: 0.19 (60% below median its 10-year median of 0.47)
  • GF Value™: RM0.30 vs. price of RM0.20 (33.3% below fair value)
  • GF Score™: 17/100 with 5 warning signs
  • Industry Position: 83.5% below the Construction median (#83 of 1349)

No single metric tells the full story. See the XKLS:8877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ekovest Bhd Business Description

Address No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000
Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units that provide different products and services, including Construction operations, Property development, Toll Operations, Plantation, Food and beverages, Property investment, and Others. The group's operations are carried out in Malaysia, with the majority of revenue generated from Construction operations.
17GF Score

Get the complete analysis for XKLS:8877

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

RM0.20
Price
RM0.30
GF Value