Iconic Worldwide Bhd (XKLS:9113) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 06, 2026) — 29% Below 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.

What is Iconic Worldwide Bhd Cyclically Adjusted PB Ratio?

Iconic Worldwide Bhd XKLS:9113 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 06, 2026, which is 29% below its 10-year median of 0.24. The stock has 5 warning signs investors should review. Among 520 Medical Devices & Instruments companies, Iconic Worldwide Bhd ranks better than 94.42% on this metric.

As of today (2026-08-06), Iconic Worldwide Bhd's current share price is RM0.06. Iconic Worldwide Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.36. Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio for today is 0.17.

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

XKLS:9113' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.24   Max: 0.98
Current: 0.17

During the past years, Iconic Worldwide Bhd's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.16. And the median was 0.24.

XKLS:9113's Cyclically Adjusted PB Ratio is ranked better than
94.42% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.76 vs XKLS:9113: 0.17

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.

Iconic Worldwide Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.108. 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 RM0.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iconic Worldwide Bhd  (XKLS:9113) 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.


Iconic Worldwide Bhd Cyclically Adjusted PB Ratio Related Terms


Iconic Worldwide Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Iconic Worldwide 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.

Iconic Worldwide Bhd Cyclically Adjusted PB Ratio Chart

Iconic Worldwide Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.53 0.25 0.20 0.19

Iconic Worldwide Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.22 0.19 0.17 0.19 0.18

XKLS:9113 vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Iconic Worldwide 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.


Iconic Worldwide Bhd Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iconic Worldwide 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.36
=0.17

* 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.

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

For example, Iconic Worldwide 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)
=0.108/330.2130*330.2130
=0.108

Current CPI (Mar. 2026) = 330.2130.

Iconic Worldwide Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.459 238.132 0.636
201606 0.454 241.018 0.622
201609 0.372 241.428 0.509
201612 0.367 241.432 0.502
201703 0.360 243.801 0.488
201706 0.358 244.955 0.483
201709 0.355 246.819 0.475
201712 0.355 246.524 0.476
201803 0.355 249.554 0.470
201806 0.351 251.989 0.460
201809 0.347 252.439 0.454
201812 0.339 251.233 0.446
201903 0.278 254.202 0.361
201906 0.283 256.143 0.365
201909 0.277 256.759 0.356
201912 0.285 256.974 0.366
202003 0.295 258.115 0.377
202006 0.343 257.797 0.439
202009 0.353 260.280 0.448
202012 0.344 260.474 0.436
202103 0.347 264.877 0.433
202106 0.355 271.696 0.431
202109 0.320 274.310 0.385
202112 0.348 278.802 0.412
202203 0.344 287.504 0.395
202206 0.348 296.311 0.388
202209 0.350 296.808 0.389
202212 0.351 296.797 0.391
202303 0.302 301.836 0.330
202306 0.296 305.109 0.320
202309 0.286 307.789 0.307
202312 0.278 306.746 0.299
202406 0.105 314.175 0.110
202409 0.107 315.301 0.112
202412 0.108 315.605 0.113
202503 0.107 319.799 0.110
202506 0.108 322.561 0.111
202509 0.108 324.800 0.110
202512 0.107 324.054 0.109
202603 0.108 330.213 0.108

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 0.17 mean?
Iconic Worldwide Bhd (XKLS:9113) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 06, 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 Iconic Worldwide Bhd and its competitors. This is 29% below median its historical median of 0.24. Over the past decade, Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.98. According to the industry distribution chart, Iconic Worldwide Bhd ranks #29 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 5.6%.
Is Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio too high?
Iconic Worldwide Bhd's current Cyclically Adjusted PB Ratio of 0.17 is 29% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.98. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.76. Iconic Worldwide Bhd's value of 0.17 is 90.3% below this industry median. Based on the distribution chart, Iconic Worldwide Bhd ranks #29 out of 520 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers.
How does Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Iconic Worldwide Bhd ranks #29 out of 520 companies for Cyclically Adjusted PB Ratio. This places Iconic Worldwide Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.76. Iconic Worldwide Bhd's value of 0.17 is 90.3% below this benchmark. Historically, Iconic Worldwide Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.98 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 1.76, Iconic Worldwide 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.76, based on 520 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. Iconic Worldwide Bhd's current Cyclically Adjusted PB Ratio of 0.17 is 90.3% 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 Iconic Worldwide Bhd and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iconic Worldwide Bhd's current Cyclically Adjusted PB Ratio is 0.17, which is 29% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconic Worldwide Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iconic Worldwide Bhd (XKLS:9113) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.06 — trading 50% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is 29% below median its 10-year median of 0.24 and 90.3% below the Medical Devices & Instruments industry median of 1.76. 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 Iconic Worldwide Bhd (XKLS:9113), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 06, 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.

Iconic Worldwide Bhd Business Description

Address No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000
Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Hospitality services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.