icapital biz Bhd (XKLS:5108) PE Ratio without NRI: 128.95 (As of Jul. 07, 2026) — Near Median


XKLS:5108 icapital biz Bhd XKLS:5108
56 GF Score
Price RM2.45
GF Value RM2.24
Valuation Fairly Valued
! 3 Warning Signs
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What is icapital biz Bhd PE Ratio without NRI?

icapital biz Bhd XKLS:5108 -2.00% 56 PE Ratio without NRI is 128.95 as of Jul. 07, 2026, which is 0% above its 10-year median of 128.50. GuruFocus rates XKLS:5108 with a GF Score™ of 56/100 and a GF Value™ of RM2.24 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,204 Asset Management companies, icapital biz Bhd ranks worse than 95.1% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-07), icapital biz Bhd's share price is RM2.45. icapital biz Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 was RM0.02. Therefore, icapital biz Bhd's PE Ratio without NRI for today is 128.95.

During the past 13 years, icapital biz Bhd's highest PE Ratio without NRI was 1235.00. The lowest was 10.04. And the median was 128.50.

icapital biz Bhd's EPS without NRI for the three months ended in Feb. 2026 was RM-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 was RM0.02.

As of today (2026-07-07), icapital biz Bhd's share price is RM2.45. icapital biz Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was RM0.02. Therefore, icapital biz Bhd's PE Ratio (TTM) for today is 128.95.

During the past years, icapital biz Bhd's highest PE Ratio (TTM) was 1235.00. The lowest was 10.04. And the median was 128.50.

icapital biz Bhd's EPS (Diluted) for the three months ended in Feb. 2026 was RM-0.00. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was RM0.02.

icapital biz Bhd's EPS (Basic) for the three months ended in Feb. 2026 was RM-0.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Feb. 2026 was RM0.02.


icapital biz Bhd  (XKLS:5108) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


icapital biz Bhd PE Ratio without NRI Related Terms


icapital biz Bhd PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for icapital biz Bhd's PE Ratio without NRI 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.

icapital biz Bhd PE Ratio without NRI Chart

icapital biz Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss 205.00 102.50 126.00

icapital biz Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
PE Ratio without NRI 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 123.81 126.00 128.57 147.78 137.89

XKLS:5108 vs BLK, BX, KKR: PE Ratio without NRI Comparison

For the Asset Management subindustry, icapital biz Bhd's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


icapital biz Bhd PE Ratio without NRI vs Asset Management Industry

For the Asset Management industry and Financial Services sector, icapital biz Bhd's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where icapital biz Bhd's PE Ratio without NRI falls into.


XKLS:5108
56GF Score
icapital biz Bhd XKLS:5108
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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icapital biz Bhd PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

icapital biz Bhd's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.45/0.019
=128.95

icapital biz Bhd's Share Price of today is RM2.45.
icapital biz Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.02.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 128.95 mean?
icapital biz Bhd (XKLS:5108) has a PE Ratio without NRI of 128.95 as of Jul. 07, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on icapital biz Bhd and its competitors. This is near median its historical median of 128.50. Over the past decade, icapital biz Bhd's PE Ratio without NRI has ranged from 10.04 to 1,235.00. According to the industry distribution chart, icapital biz Bhd ranks #1145 out of 1204 companies in the Asset Management industry, placing it in the top 95.1%.
Is icapital biz Bhd's PE Ratio without NRI too high?
icapital biz Bhd's current PE Ratio without NRI of 128.95 is near median its 10-year median of 128.50. Over the past 10 years, this metric has ranged from a low of 10.04 to a high of 1,235.00. The Asset Management industry median PE Ratio without NRI is 11.63. icapital biz Bhd's value of 128.95 is 1009.2% above this industry median. Based on the distribution chart, icapital biz Bhd ranks #1145 out of 1204 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, icapital biz Bhd has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does icapital biz Bhd's PE Ratio without NRI compare to BLK and BX?
According to the Asset Management industry distribution chart, icapital biz Bhd ranks #1145 out of 1204 companies for PE Ratio without NRI. This places icapital biz Bhd in the lower half of its industry. The industry median PE Ratio without NRI is 11.63. icapital biz Bhd's value of 128.95 is 1009.2% above this benchmark. Historically, icapital biz Bhd's own PE Ratio without NRI has ranged from 10.04 to 1,235.00 over the past decade. While the company's 10-year median is 128.50 vs. the industry median of 11.63, icapital biz 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 PE Ratio without NRI for an Asset Management company?
The median PE Ratio without NRI among Asset Management companies is 11.63, based on 1,204 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. icapital biz Bhd's current PE Ratio without NRI of 128.95 is 1009.2% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on icapital biz Bhd and its competitors. For the Asset Management industry, the median PE Ratio without NRI is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. icapital biz Bhd's current PE Ratio without NRI is 128.95, which is near median its own 10-year median of 128.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is icapital biz Bhd stock overvalued right now?
Based on GuruFocus' analysis, icapital biz Bhd (XKLS:5108) is currently considered Fairly Valued. The stock's GF Value™ is RM2.24, compared to a current price of RM2.45 — trading 9.4% above its estimated fair value. The current PE Ratio without NRI is 128.95, which is near median its 10-year median of 128.50 and 1009.2% above the Asset Management industry median of 11.63. icapital biz Bhd's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For icapital biz Bhd (XKLS:5108), the current PE Ratio without NRI is 128.95 as of Jul. 07, 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 icapital biz Bhd (XKLS:5108) Overvalued in 2026?

Based on GuruFocus' analysis, icapital biz Bhd stock appears to be overvalued. The current stock price of RM2.45 is trading 9.4% above its estimated GF Value™ of RM2.24. GuruFocus considers icapital biz Bhd to be Fairly Valued.

Key valuation signals for XKLS:5108:

  • PE Ratio without NRI: 128.95 (near median its 10-year median of 128.50)
  • GF Value™: RM2.24 vs. price of RM2.45 (9.4% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 1009.2% above the Asset Management median (#1145 of 1204)

No single metric tells the full story. See the XKLS:5108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


icapital biz Bhd Business Description

Address 201, Jalan Tun Sambanthan, Level 13, Menara 1 Sentrum, Brickfields, Kuala Lumpur, SGR, MYS, 50470
icapital biz Bhd is a Malaysia-based closed-end fund engaged in investing in a diversified portfolio of quoted securities. The fund's main objective is long-term capital appreciation through value investing in undervalued companies listed on Bursa Malaysia's Main and ACE Markets. It can also invest in cash deposits and up to 10% of its assets in unlisted companies. The fund is managed by Capital Dynamics Asset Management Sdn. Bhd., with Capital Dynamics Sdn. Bhd. as the investment adviser. Revenue and returns are generated through strategic investment in equities and other asset classes, focusing on sustainable growth and capital gains. The company operates mainly as an investment fund rather than traditional business operations.
56GF Score

Get the complete analysis for XKLS:5108

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM2.45
Price
RM2.24
GF Value