Lebtech Bhd (XKLS:9628) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 27, 2026) — Near Median

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XKLS:9628 Lebtech Bhd XKLS:9628
44 GF Score
Price RM0.89
GF Value RM0.81
Valuation Fairly Valued
! 5 Warning Signs
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What is Lebtech Bhd Cyclically Adjusted PB Ratio?

Lebtech Bhd XKLS:9628 44 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 27, 2026, which is 1% below its 10-year median of 0.83. GuruFocus rates XKLS:9628 with a GF Score™ of 44/100 and a GF Value™ of RM0.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,359 Construction companies, Lebtech Bhd ranks better than 62.77% on this metric.

As of today (2026-07-27), Lebtech Bhd's current share price is RM0.89. Lebtech Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.08. Lebtech Bhd's Cyclically Adjusted PB Ratio for today is 0.82.

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

XKLS:9628' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.83   Max: 1.54
Current: 0.82

During the past years, Lebtech Bhd's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.50. And the median was 0.83.

XKLS:9628's Cyclically Adjusted PB Ratio is ranked better than
62.77% of 1359 companies
in the Construction industry
Industry Median: 1.16 vs XKLS:9628: 0.82

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.

Lebtech Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.859. 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 RM1.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lebtech Bhd  (XKLS:9628) 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.


Lebtech Bhd Cyclically Adjusted PB Ratio Related Terms


Lebtech Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lebtech 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.

Lebtech Bhd Cyclically Adjusted PB Ratio Chart

Lebtech 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 0.90 0.85 0.72 0.68 0.85

Lebtech 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 0.73 0.72 0.74 0.85 0.84

XKLS:9628 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Lebtech 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.


Lebtech Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:9628
44GF Score
Lebtech Bhd XKLS:9628
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lebtech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.89/1.08
=0.82

* 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.

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

For example, Lebtech 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)
=0.859/330.2130*330.2130
=0.859

Current CPI (Mar. 2026) = 330.2130.

Lebtech Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.935 241.018 1.281
201609 0.949 241.428 1.298
201612 0.948 241.432 1.297
201703 0.948 243.801 1.284
201706 0.961 244.955 1.295
201709 0.966 246.819 1.292
201712 0.951 246.524 1.274
201803 0.951 249.554 1.258
201806 0.955 251.989 1.251
201809 0.957 252.439 1.252
201812 0.952 251.233 1.251
201903 0.952 254.202 1.237
201906 0.950 256.143 1.225
201909 0.955 256.759 1.228
201912 0.938 256.974 1.205
202003 0.940 258.115 1.203
202006 0.928 257.797 1.189
202009 0.939 260.280 1.191
202012 0.848 260.474 1.075
202103 0.850 264.877 1.060
202106 0.847 271.696 1.029
202109 0.854 274.310 1.028
202112 0.850 278.802 1.007
202203 0.848 287.504 0.974
202206 0.854 296.311 0.952
202209 0.855 296.808 0.951
202212 0.853 296.797 0.949
202303 0.851 301.836 0.931
202306 0.851 305.109 0.921
202309 0.853 307.789 0.915
202312 0.855 306.746 0.920
202403 0.854 312.332 0.903
202406 0.854 314.175 0.898
202409 0.854 315.301 0.894
202412 0.857 315.605 0.897
202503 0.860 319.799 0.888
202506 0.860 322.561 0.880
202509 0.860 324.800 0.874
202512 0.861 324.054 0.877
202603 0.859 330.213 0.859

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 0.82 mean?
Lebtech Bhd (XKLS:9628) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 27, 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 Lebtech Bhd and its competitors. This is near median its historical median of 0.83. Over the past decade, Lebtech Bhd's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.54. According to the industry distribution chart, Lebtech Bhd ranks #506 out of 1359 companies in the Construction industry, placing it in the top 37.2%.
Is Lebtech Bhd's Cyclically Adjusted PB Ratio too high?
Lebtech Bhd's current Cyclically Adjusted PB Ratio of 0.82 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.54. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Lebtech Bhd's value of 0.82 is 29.3% below this industry median. Based on the distribution chart, Lebtech Bhd ranks #506 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, Lebtech Bhd has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lebtech Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Lebtech Bhd ranks #506 out of 1359 companies for Cyclically Adjusted PB Ratio. This puts Lebtech Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Lebtech Bhd's value of 0.82 is 29.3% below this benchmark. Historically, Lebtech Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.54 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.16, Lebtech 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 1.16, based on 1,359 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. Lebtech Bhd's current Cyclically Adjusted PB Ratio of 0.82 is 29.3% 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 Lebtech Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lebtech Bhd's current Cyclically Adjusted PB Ratio is 0.82, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lebtech Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lebtech Bhd (XKLS:9628) is currently considered Fairly Valued. The stock's GF Value™ is RM0.81, compared to a current price of RM0.89 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is near median its 10-year median of 0.83 and 29.3% below the Construction industry median of 1.16. Lebtech Bhd's overall GF Score™ is 44/100 with 5 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 Lebtech Bhd (XKLS:9628), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 27, 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 Lebtech Bhd (XKLS:9628) Overvalued in 2026?

Based on GuruFocus' analysis, Lebtech Bhd stock appears to be overvalued. The current stock price of RM0.89 is trading 9.9% above its estimated GF Value™ of RM0.81. GuruFocus considers Lebtech Bhd to be Fairly Valued.

Key valuation signals for XKLS:9628:

  • Cyclically Adjusted PB Ratio: 0.82 (near median its 10-year median of 0.83)
  • GF Value™: RM0.81 vs. price of RM0.89 (9.9% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 29.3% below the Construction median (#506 of 1359)

No single metric tells the full story. See the XKLS:9628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lebtech Bhd Business Description

Address No. 2, Jalan Tengku Ampuan Zabedah J9/J, Wisma Lebar Daun, Seksyen 9, Shah Alam, SGR, MYS, 40000
Lebtech Bhd is an investment holding company engaged in civil and building construction works. Its business activities cover construction, sustainability, and information technology. The Group operates in Malaysia.
44GF Score

Get the complete analysis for XKLS:9628

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

RM0.89
Price
RM0.81
GF Value