WCT Holdings Bhd (XKLS:9679) Cyclically Adjusted PB Ratio: 0.13 (As of Aug. 02, 2026) — 38% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:9679 WCT Holdings Bhd XKLS:9679
35 GF Score
Price RM0.40
GF Value RM0.59
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is WCT Holdings Bhd Cyclically Adjusted PB Ratio?

WCT Holdings Bhd XKLS:9679 +1.28% 35 Cyclically Adjusted PB Ratio is 0.13 as of Aug. 02, 2026, which is 38% below its 10-year median of 0.21. GuruFocus rates XKLS:9679 with a GF Score™ of 35/100 and a GF Value™ of RM0.59 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,345 Construction companies, WCT Holdings Bhd ranks better than 96.28% on this metric.

As of today (2026-08-02), WCT Holdings Bhd's current share price is RM0.395. WCT Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.96. WCT Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.13.

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

XKLS:9679' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 0.44
Current: 0.13

During the past years, WCT Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.12. And the median was 0.21.

XKLS:9679's Cyclically Adjusted PB Ratio is ranked better than
96.28% of 1345 companies
in the Construction industry
Industry Median: 1.14 vs XKLS:9679: 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.

WCT Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM2.494. 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 RM2.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WCT Holdings Bhd  (XKLS:9679) 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.


WCT Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


WCT Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WCT 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.

WCT Holdings Bhd Cyclically Adjusted PB Ratio Chart

WCT Holdings 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 0.21 0.15 0.18 0.33 0.20

WCT Holdings 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 0.23 0.22 0.28 0.20 0.12

XKLS:9679 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, WCT 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.


WCT Holdings Bhd Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XKLS:9679
35GF Score
WCT Holdings Bhd XKLS:9679
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WCT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.395/2.96
=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.

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

For example, WCT Holdings 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)
=2.494/330.2130*330.2130
=2.494

Current CPI (Mar. 2026) = 330.2130.

WCT Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.042 241.018 2.798
201609 2.064 241.428 2.823
201612 2.047 241.432 2.800
201703 2.126 243.801 2.880
201706 2.078 244.955 2.801
201709 2.098 246.819 2.807
201712 2.139 246.524 2.865
201803 2.131 249.554 2.820
201806 2.170 251.989 2.844
201809 2.210 252.439 2.891
201812 2.227 251.233 2.927
201903 2.243 254.202 2.914
201906 2.252 256.143 2.903
201909 2.691 256.759 3.461
201912 2.611 256.974 3.355
202003 2.792 258.115 3.572
202006 2.791 257.797 3.575
202009 2.783 260.280 3.531
202012 2.627 260.474 3.330
202103 2.683 264.877 3.345
202106 2.694 271.696 3.274
202109 2.647 274.310 3.186
202112 2.687 278.802 3.182
202203 2.711 287.504 3.114
202206 2.765 296.311 3.081
202209 2.783 296.808 3.096
202212 2.793 296.797 3.107
202303 2.788 301.836 3.050
202306 2.808 305.109 3.039
202309 2.793 307.789 2.996
202312 2.622 306.746 2.823
202403 2.605 312.332 2.754
202406 2.624 314.175 2.758
202409 2.472 315.301 2.589
202412 2.460 315.605 2.574
202503 2.468 319.799 2.548
202506 2.477 322.561 2.536
202509 2.483 324.800 2.524
202512 2.492 324.054 2.539
202603 2.494 330.213 2.494

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?
WCT Holdings Bhd (XKLS:9679) has a Cyclically Adjusted PB Ratio of 0.13 as of Aug. 02, 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 WCT Holdings Bhd and its competitors. This is 38% below median its historical median of 0.21. Over the past decade, WCT Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.44. According to the industry distribution chart, WCT Holdings Bhd ranks #50 out of 1345 companies in the Construction industry, placing it in the top 3.7%.
Is WCT Holdings Bhd's Cyclically Adjusted PB Ratio too high?
WCT Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.13 is 38% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.44. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. WCT Holdings Bhd's value of 0.13 is 88.6% below this industry median. Based on the distribution chart, WCT Holdings Bhd ranks #50 out of 1345 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, WCT Holdings Bhd has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WCT Holdings Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, WCT Holdings Bhd ranks #50 out of 1345 companies for Cyclically Adjusted PB Ratio. This places WCT Holdings Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. WCT Holdings Bhd's value of 0.13 is 88.6% below this benchmark. Historically, WCT Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.44 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.14, WCT 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 1.14, based on 1,345 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. WCT Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.13 is 88.6% 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 WCT Holdings Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WCT Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.13, which is 38% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WCT Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, WCT Holdings Bhd (XKLS:9679) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.59, compared to a current price of RM0.40 — trading 33.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 38% below median its 10-year median of 0.21 and 88.6% below the Construction industry median of 1.14. WCT Holdings Bhd's overall GF Score™ is 35/100 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 WCT Holdings Bhd (XKLS:9679), the current Cyclically Adjusted PB Ratio is 0.13 as of Aug. 02, 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 WCT Holdings Bhd (XKLS:9679) Overvalued in 2026?

Based on GuruFocus' analysis, WCT Holdings Bhd stock appears to be undervalued. The current stock price of RM0.40 is trading 33.1% below its estimated GF Value™ of RM0.59. GuruFocus considers WCT Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:9679:

  • Cyclically Adjusted PB Ratio: 0.13 (38% below median its 10-year median of 0.21)
  • GF Value™: RM0.59 vs. price of RM0.40 (33.1% below fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 88.6% below the Construction median (#50 of 1345)

No single metric tells the full story. See the XKLS:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WCT Holdings Bhd Business Description

Address No. 1, Jalan SS7/26A, B-30-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
WCT Holdings Bhd is an investment holding company that provides management services to subsidiaries, joint ventures, and associates. Along with its subsidiaries, the company operates in three business segments; the Engineering and Construction segment includes engineering works specializing in earthworks, highway construction, and related infrastructure works; the Property Development segment includes the development of residential and commercial properties; and the Property Investment and Management segment includes holding and management of assets for capital appreciation and rental income. Maximum revenue is generated from the Engineering and Construction segment. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East, India, and other regions.
35GF Score

Get the complete analysis for XKLS:9679

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

RM0.40
Price
RM0.59
GF Value