Lysaght Galvanized Steel Bhd (XKLS:9199) Cyclically Adjusted PB Ratio: 0.57 (As of Aug. 04, 2026) — Near Median

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XKLS:9199 Lysaght Galvanized Steel Bhd XKLS:9199
89 GF Score
Price RM2.56
GF Value RM2.40
Valuation Fairly Valued
! 1 Warning Sign
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What is Lysaght Galvanized Steel Bhd Cyclically Adjusted PB Ratio?

Lysaght Galvanized Steel Bhd XKLS:9199 89 Cyclically Adjusted PB Ratio is 0.57 as of Aug. 04, 2026, which is at its 10-year median of 0.57. GuruFocus rates XKLS:9199 with a GF Score™ of 89/100 and a GF Value™ of RM2.40 (Fairly Valued). The stock has 1 warning sign investors should review. Among 504 Steel companies, Lysaght Galvanized Steel Bhd ranks better than 68.85% on this metric.

As of today (2026-08-04), Lysaght Galvanized Steel Bhd's current share price is RM2.56. Lysaght Galvanized Steel Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM4.49. Lysaght Galvanized Steel Bhd's Cyclically Adjusted PB Ratio for today is 0.57.

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

XKLS:9199' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.57   Max: 0.8
Current: 0.55

During the past years, Lysaght Galvanized Steel Bhd's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.43. And the median was 0.57.

XKLS:9199's Cyclically Adjusted PB Ratio is ranked better than
68.85% of 504 companies
in the Steel industry
Industry Median: 0.9 vs XKLS:9199: 0.55

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.

Lysaght Galvanized Steel Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM4.113. 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 RM4.49 for the trailing ten years ended in Mar. 2026.

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 0.53 0.49 0.55 0.64 0.58

Lysaght Galvanized Steel 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 0.58 0.57 0.55 0.58 0.51

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
89GF Score
Lysaght Galvanized Steel Bhd XKLS:9199
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.56/4.49
=0.57

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

For example, Lysaght Galvanized Steel 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)
=4.113/330.2130*330.2130
=4.113

Current CPI (Mar. 2026) = 330.2130.

Lysaght Galvanized Steel Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.857 241.018 3.914
201609 2.932 241.428 4.010
201612 3.055 241.432 4.178
201703 3.171 243.801 4.295
201706 3.196 244.955 4.308
201709 3.352 246.819 4.485
201712 3.403 246.524 4.558
201803 3.467 249.554 4.588
201806 3.513 251.989 4.604
201809 3.506 252.439 4.586
201812 3.561 251.233 4.680
201903 3.612 254.202 4.692
201906 3.677 256.143 4.740
201909 3.667 256.759 4.716
201912 3.712 256.974 4.770
202003 3.746 258.115 4.792
202006 3.737 257.797 4.787
202009 3.696 260.280 4.689
202012 3.734 260.474 4.734
202103 3.775 264.877 4.706
202106 3.767 271.696 4.578
202109 3.797 274.310 4.571
202112 3.821 278.802 4.526
202203 3.858 287.504 4.431
202206 3.919 296.311 4.367
202209 3.982 296.808 4.430
202212 4.041 296.797 4.496
202303 4.119 301.836 4.506
202306 4.185 305.109 4.529
202309 4.228 307.789 4.536
202312 4.318 306.746 4.648
202403 4.411 312.332 4.664
202406 4.471 314.175 4.699
202409 4.360 315.301 4.566
202412 4.076 315.605 4.265
202503 4.114 319.799 4.248
202506 4.142 322.561 4.240
202509 4.029 324.800 4.096
202512 4.047 324.054 4.124
202603 4.113 330.213 4.113

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 0.57 mean?
Lysaght Galvanized Steel Bhd (XKLS:9199) has a Cyclically Adjusted PB Ratio of 0.57 as of Aug. 04, 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 Lysaght Galvanized Steel Bhd and its competitors. This is near median its historical median of 0.57. Over the past decade, Lysaght Galvanized Steel Bhd's Cyclically Adjusted PB Ratio has ranged from 0.43 to 0.80. According to the industry distribution chart, Lysaght Galvanized Steel Bhd ranks #157 out of 504 companies in the Steel industry, placing it in the top 31.2%.
Is Lysaght Galvanized Steel Bhd's Cyclically Adjusted PB Ratio too high?
Lysaght Galvanized Steel Bhd's current Cyclically Adjusted PB Ratio of 0.57 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.80. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. Lysaght Galvanized Steel Bhd's value of 0.57 is 36.7% below this industry median. Based on the distribution chart, Lysaght Galvanized Steel Bhd ranks #157 out of 504 companies in the Steel industry, which is above the industry midpoint. Overall, Lysaght Galvanized Steel Bhd has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lysaght Galvanized Steel Bhd's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Lysaght Galvanized Steel Bhd ranks #157 out of 504 companies for Cyclically Adjusted PB Ratio. This puts Lysaght Galvanized Steel Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.90. Lysaght Galvanized Steel Bhd's value of 0.57 is 36.7% below this benchmark. Historically, Lysaght Galvanized Steel Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 0.80 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.90, Lysaght Galvanized Steel 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.90, based on 504 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. Lysaght Galvanized Steel Bhd's current Cyclically Adjusted PB Ratio of 0.57 is 36.7% 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 Lysaght Galvanized Steel Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lysaght Galvanized Steel Bhd's current Cyclically Adjusted PB Ratio is 0.57, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lysaght Galvanized Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lysaght Galvanized Steel Bhd (XKLS:9199) is currently considered Fairly Valued. The stock's GF Value™ is RM2.40, compared to a current price of RM2.56 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is near median its 10-year median of 0.57 and 36.7% below the Steel industry median of 0.90. Lysaght Galvanized Steel Bhd's overall GF Score™ is 89/100 with 1 warning sign 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 Lysaght Galvanized Steel Bhd (XKLS:9199), the current Cyclically Adjusted PB Ratio is 0.57 as of Aug. 04, 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 Lysaght Galvanized Steel Bhd (XKLS:9199) Overvalued in 2026?

Based on GuruFocus' analysis, Lysaght Galvanized Steel Bhd stock appears to be overvalued. The current stock price of RM2.56 is trading 6.7% above its estimated GF Value™ of RM2.40. GuruFocus considers Lysaght Galvanized Steel Bhd to be Fairly Valued.

Key valuation signals for XKLS:9199:

  • Cyclically Adjusted PB Ratio: 0.57 (near median its 10-year median of 0.57)
  • GF Value™: RM2.40 vs. price of RM2.56 (6.7% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 36.7% below the Steel median (#157 of 504)

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.
89GF 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.

RM2.56
Price
RM2.40
GF Value