WCT Holdings Bhd (XKLS:9679) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:9679 WCT Holdings Bhd XKLS:9679
41 GF Score
Price RM0.38
GF Value RM0.55
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is WCT Holdings Bhd Cyclically Adjusted PB Ratio?

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 0.22 0.16 0.20 0.38 0.23

WCT Holdings 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 0.25 0.32 0.23 0.14 0.16

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
41GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, WCT Holdings 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)
=2.121/333.9520*333.9520
=2.121

Current CPI (Jun. 2026) = 333.9520.

WCT Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.100 241.428 2.905
201612 2.132 241.432 2.949
201703 2.150 243.801 2.945
201706 2.100 244.955 2.863
201709 2.119 246.819 2.867
201712 2.136 246.524 2.894
201803 2.136 249.554 2.858
201806 2.193 251.989 2.906
201809 2.229 252.439 2.949
201812 2.209 251.233 2.936
201903 2.224 254.202 2.922
201906 2.231 256.143 2.909
201909 2.244 256.759 2.919
201912 2.161 256.974 2.808
202003 2.194 258.115 2.839
202006 2.191 257.797 2.838
202009 2.160 260.280 2.771
202012 2.020 260.474 2.590
202103 2.072 264.877 2.612
202106 2.082 271.696 2.559
202109 2.034 274.310 2.476
202112 2.076 278.802 2.487
202203 2.099 287.504 2.438
202206 2.153 296.311 2.427
202209 2.170 296.808 2.442
202212 2.178 296.797 2.451
202303 2.173 301.836 2.404
202306 2.192 305.109 2.399
202309 2.177 307.789 2.362
202312 2.023 306.746 2.202
202403 2.033 312.332 2.174
202406 2.040 314.175 2.168
202409 2.024 315.301 2.144
202412 2.078 315.605 2.199
202503 2.085 319.799 2.177
202506 2.094 322.561 2.168
202509 2.099 324.800 2.158
202512 2.113 324.054 2.178
202603 2.114 330.213 2.138
202606 2.121 333.952 2.121

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.

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 RM0.38 is trading 31.8% below its estimated GF Value™ of RM0.55. GuruFocus considers WCT Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:9679:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM0.55 vs. price of RM0.38 (31.8% below fair value)
  • GF Score™: 41/100 with 7 warning signs

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.
41GF 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.

RM0.38
Price
RM0.55
GF Value