RCE Capital Bhd (XKLS:9296) Cyclically Adjusted PB Ratio: 1.81 (As of Aug. 24, 2026) — Near Median

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XKLS:9296 RCE Capital Bhd XKLS:9296
45 GF Score
Price RM1.05
! 6 Warning Signs
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What is RCE Capital Bhd Cyclically Adjusted PB Ratio?

RCE Capital Bhd XKLS:9296 -0.94% 45 Cyclically Adjusted PB Ratio is 1.81 as of Aug. 24, 2026, which is 1% below its 10-year median of 1.83. GuruFocus rates XKLS:9296 with a GF Score™ of 45/100. The stock has 6 warning signs investors should review. Among 330 Credit Services companies, RCE Capital Bhd ranks worse than 76.67% on this metric.

As of today (2026-08-24), RCE Capital Bhd's current share price is RM1.05. RCE Capital Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.58. RCE Capital Bhd's Cyclically Adjusted PB Ratio for today is 1.81.

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

XKLS:9296' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.83   Max: 3.22
Current: 1.81

During the past years, RCE Capital Bhd's highest Cyclically Adjusted PB Ratio was 3.22. The lowest was 0.82. And the median was 1.83.

XKLS:9296's Cyclically Adjusted PB Ratio is ranked worse than
76.67% of 330 companies
in the Credit Services industry
Industry Median: 0.88 vs XKLS:9296: 1.81

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.

RCE Capital Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.578. 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 RM0.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RCE Capital Bhd  (XKLS:9296) 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.


RCE Capital Bhd Cyclically Adjusted PB Ratio Related Terms


RCE Capital Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RCE Capital 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.

RCE Capital Bhd Cyclically Adjusted PB Ratio Chart

RCE Capital Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.67 2.44 2.42 1.83

RCE Capital 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 1.97 2.00 2.00 1.83 1.80

XKLS:9296 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, RCE Capital 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.


RCE Capital Bhd Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, RCE Capital Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9296
45GF Score
RCE Capital Bhd XKLS:9296
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RCE Capital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.05/0.58
=1.81

* 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.

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

For example, RCE Capital 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)
=0.578/333.9520*333.9520
=0.578

Current CPI (Jun. 2026) = 333.9520.

RCE Capital Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.291 241.428 0.403
201612 0.307 241.432 0.425
201703 0.328 243.801 0.449
201706 0.343 244.955 0.468
201709 0.353 246.819 0.478
201712 0.363 246.524 0.492
201803 0.365 249.554 0.488
201806 0.393 251.989 0.521
201809 0.401 252.439 0.530
201812 0.409 251.233 0.544
201903 0.427 254.202 0.561
201906 0.445 256.143 0.580
201909 0.451 256.759 0.587
201912 0.461 256.974 0.599
202003 0.481 258.115 0.622
202006 0.480 257.797 0.622
202009 0.502 260.280 0.644
202012 0.514 260.474 0.659
202103 0.537 264.877 0.677
202106 0.544 271.696 0.669
202109 0.566 274.310 0.689
202112 0.574 278.802 0.688
202203 0.596 287.504 0.692
202206 0.598 296.311 0.674
202209 0.622 296.808 0.700
202212 0.527 296.797 0.593
202303 0.550 301.836 0.609
202306 0.537 305.109 0.588
202309 0.563 307.789 0.611
202312 0.550 306.746 0.599
202403 0.566 312.332 0.605
202406 0.549 314.175 0.584
202409 0.570 315.301 0.604
202412 0.561 315.605 0.594
202503 0.572 319.799 0.597
202506 0.555 322.561 0.575
202509 0.577 324.800 0.593
202512 0.570 324.054 0.587
202603 0.593 330.213 0.600
202606 0.578 333.952 0.578

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 1.81 mean?
RCE Capital Bhd (XKLS:9296) has a Cyclically Adjusted PB Ratio of 1.81 as of Aug. 24, 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 RCE Capital Bhd and its competitors. This is near median its historical median of 1.83. Over the past decade, RCE Capital Bhd's Cyclically Adjusted PB Ratio has ranged from 0.82 to 3.22. According to the industry distribution chart, RCE Capital Bhd ranks #253 out of 330 companies in the Credit Services industry, placing it in the top 76.7%.
Is RCE Capital Bhd's Cyclically Adjusted PB Ratio too high?
RCE Capital Bhd's current Cyclically Adjusted PB Ratio of 1.81 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.22. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.88. RCE Capital Bhd's value of 1.81 is 105.7% above this industry median. Based on the distribution chart, RCE Capital Bhd ranks #253 out of 330 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, RCE Capital Bhd has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does RCE Capital Bhd's Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, RCE Capital Bhd ranks #253 out of 330 companies for Cyclically Adjusted PB Ratio. This places RCE Capital Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.88. RCE Capital Bhd's value of 1.81 is 105.7% above this benchmark. Historically, RCE Capital Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 3.22 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.88, RCE Capital Bhd has consistently been above 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.88, based on 330 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. RCE Capital Bhd's current Cyclically Adjusted PB Ratio of 1.81 is 105.7% above 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 RCE Capital Bhd and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RCE Capital Bhd's current Cyclically Adjusted PB Ratio is 1.81, which is near median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RCE Capital Bhd stock overvalued right now?
RCE Capital Bhd (XKLS:9296) has a current Cyclically Adjusted PB Ratio of 1.81. The current Cyclically Adjusted PB Ratio is 1.81, which is near median its 10-year median of 1.83 and 105.7% above the Credit Services industry median of 0.88. RCE Capital Bhd's overall GF Score™ is 45/100 with 6 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 RCE Capital Bhd (XKLS:9296), the current Cyclically Adjusted PB Ratio is 1.81 as of Aug. 24, 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.

RCE Capital Bhd Business Description

Address No. 1, Jalan Lumut, 20th Floor, Menara Teo Chew, Kuala Lumpur, MYS, 50400
RCE Capital Bhd is engaged in the business of investment holding and the provision of management services. Its core business operations include the delivery of shariah-compliant financing services to civil servants to generate sustainable returns for stakeholders. It is also engaged in other businesses such as the processing and administration of payroll collection, and providing financial administrative services.
45GF Score

Get the complete analysis for XKLS:9296

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

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