Lysaght Galvanized Steel Bhd (XKLS:9199) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:9199 Lysaght Galvanized Steel Bhd XKLS:9199
90 GF Score
Price RM2.37
GF Value RM2.41
Valuation Fairly Valued
! 3 Warning Signs
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What is Lysaght Galvanized Steel Bhd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lysaght Galvanized Steel Bhd  (XKLS:9199) 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.


Lysaght Galvanized Steel Bhd Cyclically Adjusted PB Ratio Related Terms


Lysaght Galvanized Steel Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lysaght Galvanized Steel 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.

Lysaght Galvanized Steel Bhd Cyclically Adjusted PB Ratio Chart

Lysaght Galvanized Steel 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 0.52 0.49 0.54 0.63 0.58

Lysaght Galvanized Steel 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 0.57 0.55 0.58 0.51 0.54

XKLS:9199 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Lysaght Galvanized Steel 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.


Lysaght Galvanized Steel Bhd Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Lysaght Galvanized Steel Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9199
90GF Score
Lysaght Galvanized Steel Bhd XKLS:9199
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lysaght Galvanized Steel 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.

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

For example, Lysaght Galvanized Steel 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)
=4.096/333.9520*333.9520
=4.096

Current CPI (Jun. 2026) = 333.9520.

Lysaght Galvanized Steel Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.932 241.428 4.056
201612 3.056 241.432 4.227
201703 3.171 243.801 4.344
201706 3.196 244.955 4.357
201709 3.352 246.819 4.535
201712 3.403 246.524 4.610
201803 3.467 249.554 4.640
201806 3.513 251.989 4.656
201809 3.506 252.439 4.638
201812 3.561 251.233 4.733
201903 3.612 254.202 4.745
201906 3.677 256.143 4.794
201909 3.667 256.759 4.769
201912 3.712 256.974 4.824
202003 3.746 258.115 4.847
202006 3.737 257.797 4.841
202009 3.696 260.280 4.742
202012 3.734 260.474 4.787
202103 3.775 264.877 4.759
202106 3.767 271.696 4.630
202109 3.797 274.310 4.623
202112 3.821 278.802 4.577
202203 3.858 287.504 4.481
202206 3.919 296.311 4.417
202209 3.982 296.808 4.480
202212 4.041 296.797 4.547
202303 4.119 301.836 4.557
202306 4.185 305.109 4.581
202309 4.228 307.789 4.587
202312 4.318 306.746 4.701
202403 4.411 312.332 4.716
202406 4.471 314.175 4.752
202409 4.360 315.301 4.618
202412 4.076 315.605 4.313
202503 4.114 319.799 4.296
202506 4.142 322.561 4.288
202509 4.029 324.800 4.143
202512 4.047 324.054 4.171
202603 4.113 330.213 4.160
202606 4.096 333.952 4.096

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.

Is Lysaght Galvanized Steel Bhd (XKLS:9199) Overvalued in 2026?

Based on GuruFocus' analysis, Lysaght Galvanized Steel Bhd stock appears to be undervalued. The current stock price of RM2.37 is trading 1.7% below its estimated GF Value™ of RM2.41. GuruFocus considers Lysaght Galvanized Steel Bhd to be Fairly Valued.

Key valuation signals for XKLS:9199:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM2.41 vs. price of RM2.37 (1.7% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the XKLS:9199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lysaght Galvanized Steel Bhd Business Description

Address No. 11, Jalan Majistret U1/26, Seksyen U1, Hicom-Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Lysaght Galvanized Steel Bhd is engaged in the manufacturing of galvanized steel products. The company specializes in the manufacturing of corrugated steel pipes, guardrails, and highway furniture, Lysaght gradually expanded into the design and production of poles, masts, transmission poles, telecommunication towers, and substation structures. It operates within a single business segment. Geographically, it operates in Malaysia, Singapore, New Zealand, and Other countries with the majority of revenue deriving from Malaysia.
90GF Score

Get the complete analysis for XKLS:9199

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

RM2.37
Price
RM2.41
GF Value