Gadang Holdings Bhd (XKLS:9261) Cyclically Adjusted PB Ratio: 0.13 (As of Jul. 31, 2026) — 58% Below Median

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XKLS:9261 Gadang Holdings Bhd XKLS:9261
44 GF Score
Price RM0.17
GF Value RM0.27
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Gadang Holdings Bhd Cyclically Adjusted PB Ratio?

Gadang Holdings Bhd XKLS:9261 44 Cyclically Adjusted PB Ratio is 0.13 as of Jul. 31, 2026, which is 58% below its 10-year median of 0.31. GuruFocus rates XKLS:9261 with a GF Score™ of 44/100 and a GF Value™ of RM0.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,349 Construction companies, Gadang Holdings Bhd ranks better than 96.29% on this metric.

As of today (2026-07-31), Gadang Holdings Bhd's current share price is RM0.165. Gadang Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was RM1.25. Gadang Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.13.

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

XKLS:9261' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.31   Max: 0.61
Current: 0.13

During the past years, Gadang Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.12. And the median was 0.31.

XKLS:9261's Cyclically Adjusted PB Ratio is ranked better than
96.29% of 1349 companies
in the Construction industry
Industry Median: 1.15 vs XKLS:9261: 0.13

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.

Gadang Holdings Bhd's adjusted book value per share data for the three months ended in Feb. 2026 was RM1.002. 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 RM1.25 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gadang Holdings Bhd  (XKLS:9261) 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.


Gadang Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Gadang Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gadang Holdings 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.

Gadang Holdings Bhd Cyclically Adjusted PB Ratio Chart

Gadang Holdings Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.36 0.26 0.37 0.20

Gadang Holdings Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.24 0.20 0.19 0.20 0.18

XKLS:9261 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Gadang Holdings 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.


Gadang Holdings Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:9261
44GF Score
Gadang Holdings Bhd XKLS:9261
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gadang Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.165/1.25
=0.13

* 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.

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

For example, Gadang Holdings Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1.002/326.7850*326.7850
=1.002

Current CPI (Feb. 2026) = 326.7850.

Gadang Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201605 0.818 240.229 1.113
201608 0.845 240.849 1.146
201611 0.865 241.353 1.171
201702 0.909 243.603 1.219
201705 0.948 244.733 1.266
201708 0.979 245.519 1.303
201711 0.987 246.669 1.308
201802 1.027 248.991 1.348
201805 1.068 251.588 1.387
201808 1.092 252.146 1.415
201811 1.092 252.038 1.416
201902 1.112 252.776 1.438
201905 1.109 256.092 1.415
201908 1.099 256.558 1.400
201911 1.102 257.208 1.400
202002 1.117 258.678 1.411
202005 1.068 256.394 1.361
202008 1.115 259.918 1.402
202011 1.110 260.229 1.394
202102 1.113 263.014 1.383
202105 1.074 269.195 1.304
202108 1.087 273.567 1.298
202111 1.136 277.948 1.336
202202 1.146 283.716 1.320
202205 1.134 292.296 1.268
202208 1.139 296.171 1.257
202211 1.122 297.711 1.232
202302 1.122 300.840 1.219
202305 1.088 304.127 1.169
202308 1.096 307.026 1.167
202311 1.096 307.051 1.166
202402 1.105 310.326 1.164
202405 1.088 314.069 1.132
202408 1.093 314.796 1.135
202411 1.031 315.493 1.068
202502 1.038 319.082 1.063
202505 1.020 321.465 1.037
202508 1.035 323.976 1.044
202511 1.025 324.122 1.033
202602 1.002 326.785 1.002

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 0.13 mean?
Gadang Holdings Bhd (XKLS:9261) has a Cyclically Adjusted PB Ratio of 0.13 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 Gadang Holdings Bhd and its competitors. This is 58% below median its historical median of 0.31. Over the past decade, Gadang Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.61. According to the industry distribution chart, Gadang Holdings Bhd ranks #50 out of 1349 companies in the Construction industry, placing it in the top 3.7%.
Is Gadang Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Gadang Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.13 is 58% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.61. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Gadang Holdings Bhd's value of 0.13 is 88.7% below this industry median. Based on the distribution chart, Gadang Holdings Bhd ranks #50 out of 1349 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Gadang Holdings Bhd has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gadang Holdings Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Gadang Holdings Bhd ranks #50 out of 1349 companies for Cyclically Adjusted PB Ratio. This places Gadang Holdings Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.15. Gadang Holdings Bhd's value of 0.13 is 88.7% below this benchmark. Historically, Gadang Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.61 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.15, Gadang Holdings 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. Gadang Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.13 is 88.7% 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 Gadang Holdings 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. Gadang Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.13, which is 58% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gadang Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Gadang Holdings Bhd (XKLS:9261) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.17 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 58% below median its 10-year median of 0.31 and 88.7% below the Construction industry median of 1.15. Gadang Holdings Bhd's overall GF Score™ is 44/100 with 2 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 Gadang Holdings Bhd (XKLS:9261), the current Cyclically Adjusted PB Ratio is 0.13 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 Gadang Holdings Bhd (XKLS:9261) Overvalued in 2026?

Based on GuruFocus' analysis, Gadang Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 38.9% below its estimated GF Value™ of RM0.27. GuruFocus considers Gadang Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9261:

  • Cyclically Adjusted PB Ratio: 0.13 (58% below median its 10-year median of 0.31)
  • GF Value™: RM0.27 vs. price of RM0.17 (38.9% below fair value)
  • GF Score™: 44/100 with 2 warning signs
  • Industry Position: 88.7% below the Construction median (#50 of 1349)

No single metric tells the full story. See the XKLS:9261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gadang Holdings Bhd Business Description

Address Off Jalan Persiaran Utama, Jalan Tago 2, No. 52, Wisma Gadang, Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Gadang Holdings Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: Construction, Property, Utilities, and Investment holding and others. It generates maximum revenue from the Construction segment, which is engaged in civil engineering works encompassing earthworks, infrastructure works, hospitals, and mechanical and electrical works. The Property segment is engaged in the development of residential and commercial properties, and the Utilities segment includes construction, maintenance, and management of water concessions, hydro power plants, and solar power plants. Geographically, the group generates maximum revenue from Malaysia, followed by Indonesia and Singapore.
44GF Score

Get the complete analysis for XKLS:9261

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

RM0.17
Price
RM0.27
GF Value