Industronics Bhd (XKLS:9393) Cyclically Adjusted PB Ratio: 0.27 (As of Aug. 09, 2026) — Near Median

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What is Industronics Bhd Cyclically Adjusted PB Ratio?

Industronics Bhd XKLS:9393 Cyclically Adjusted PB Ratio is 0.27 as of Aug. 09, 2026, which is 4% above its 10-year median of 0.26. The stock has 5 warning signs investors should review. Among 1,967 Hardware companies, Industronics Bhd ranks better than 94.61% on this metric.

As of today (2026-08-09), Industronics Bhd's current share price is RM0.03. Industronics Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.11. Industronics Bhd's Cyclically Adjusted PB Ratio for today is 0.27.

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

XKLS:9393' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.26   Max: 1.59
Current: 0.27

During the past years, Industronics Bhd's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.09. And the median was 0.26.

XKLS:9393's Cyclically Adjusted PB Ratio is ranked better than
94.61% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs XKLS:9393: 0.27

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.

Industronics Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.016. 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 RM0.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industronics Bhd  (XKLS:9393) 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.


Industronics Bhd Cyclically Adjusted PB Ratio Related Terms


Industronics Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Industronics 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.

Industronics Bhd Cyclically Adjusted PB Ratio Chart

Industronics Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.34 0.31 0.19 0.22

Industronics Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.24 0.22 0.19 0.30 0.27

XKLS:9393 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Industronics 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.


Industronics Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Industronics Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Industronics 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.11
=0.27

* 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.

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

For example, Industronics 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)
=0.016/330.2130*330.2130
=0.016

Current CPI (Mar. 2026) = 330.2130.

Industronics Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.246 238.132 0.341
201606 0.226 241.018 0.310
201609 0.221 241.428 0.302
201612 0.206 241.432 0.282
201703 0.179 243.801 0.242
201706 0.158 244.955 0.213
201709 0.145 246.819 0.194
201712 0.138 246.524 0.185
201803 0.119 249.554 0.157
201806 0.118 251.989 0.155
201809 0.130 252.439 0.170
201812 0.120 251.233 0.158
201903 0.102 254.202 0.132
201906 0.085 256.143 0.110
201909 0.089 256.759 0.114
201912 0.096 256.974 0.123
202003 0.086 258.115 0.110
202006 0.073 257.797 0.094
202009 0.059 260.280 0.075
202012 0.064 260.474 0.081
202103 0.054 264.877 0.067
202106 0.048 271.696 0.058
202109 0.040 274.310 0.048
202112 0.039 278.802 0.046
202203 0.040 287.504 0.046
202206 0.040 296.311 0.045
202209 0.040 296.808 0.045
202212 0.030 296.797 0.033
202303 0.049 301.836 0.054
202309 0.055 307.789 0.059
202312 0.051 306.746 0.055
202403 0.050 312.332 0.053
202406 0.032 314.175 0.034
202409 0.039 315.301 0.041
202412 0.039 315.605 0.041
202503 0.036 319.799 0.037
202506 0.033 322.561 0.034
202509 0.031 324.800 0.032
202512 0.018 324.054 0.018
202603 0.016 330.213 0.016

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 0.27 mean?
Industronics Bhd (XKLS:9393) has a Cyclically Adjusted PB Ratio of 0.27 as of Aug. 09, 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 Industronics Bhd and its competitors. This is near median its historical median of 0.26. Over the past decade, Industronics Bhd's Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.59. According to the industry distribution chart, Industronics Bhd ranks #106 out of 1967 companies in the Hardware industry, placing it in the top 5.4%.
Is Industronics Bhd's Cyclically Adjusted PB Ratio too high?
Industronics Bhd's current Cyclically Adjusted PB Ratio of 0.27 is near median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.59. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Industronics Bhd's value of 0.27 is 87.1% below this industry median. Based on the distribution chart, Industronics Bhd ranks #106 out of 1967 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does Industronics Bhd's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Industronics Bhd ranks #106 out of 1967 companies for Cyclically Adjusted PB Ratio. This places Industronics Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Industronics Bhd's value of 0.27 is 87.1% below this benchmark. Historically, Industronics Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.59 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 2.09, Industronics 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. Industronics Bhd's current Cyclically Adjusted PB Ratio of 0.27 is 87.1% 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 Industronics Bhd and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industronics Bhd's current Cyclically Adjusted PB Ratio is 0.27, which is near median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industronics Bhd stock overvalued right now?
Based on GuruFocus' analysis, Industronics Bhd (XKLS:9393) is currently considered Fairly Valued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is near median its 10-year median of 0.26 and 87.1% below the Hardware industry median of 2.09. 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 Industronics Bhd (XKLS:9393), the current Cyclically Adjusted PB Ratio is 0.27 as of Aug. 09, 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.

Industronics Bhd Business Description

Address No.18, Jalan Persiaran Barat, Unit No. EL-11-01, Amcorp Business Suite, Menara Melawangi, Pusat Perdagangan Amcorp, Petaling Jaya, SGR, MYS, 46050
Industronics Bhd is engaged in design and manufacturing of electronic products. The operating segment of the company are Electronics and system integration; Security systems, mechanical and electrical engineering; and Trading and services operations and Food and beverage. Its revenue generating segment Trading & services involves in trading of precision instruments (watches), provision of cloud service and general trading, maintenance, and supply of industrial electronic equipment. Intelligent transportation system and system integration projects involving Information Communication Technology, supply and service of telecommunication equipment, audio visual multimedia systems. Geographically, the company mainly operates in Malaysia and Hong Kong.