A canvas widget comes to mind. Here is a start for you, all you need to add is your labels for the text time around the circle. It uses a hack to do a $mw->update inside a for(;;) loop, which should be improved; but it lays out the circular math for you to derive your text_time positions.

A second example below, shows how to do vertical text in case you desire that feature.

#!/usr/bin/perl
use warnings;
use strict;
use Tk;

                           
my $pi = atan2(1,1)*4.0;           # an amusing transcendental number
my $main = MainWindow -> new();    # the primal widget
my ($width, $height );             # canvas geometry
$width = $height = 500;            # change me if you don't like me

my $x = int($width/2);
my $y = int($height/2);
my $r = int($x*0.8) >= int($y*0.8) ? int($x*0.8) : int($y*0.8);  # $ra
+dius
my $c = $main -> Canvas('-width' => $width, '-height' => $height);
$c -> create('oval', $x-$r, $y-$r, $x+$r, $y+$r, -width => 2);
$c -> pack(-expand => 1, -fill => 'both');

 # the following two together _prevent_ resizing:
$main -> maxsize($width,$height);  # fixes size 
$main -> minsize($width,$height);  # fixes size 
my ($outickx, $outicky, $intickx, $inticky, $tickwidth);  
for (0..11) {                      # the tick initialization loop
    $outickx = int($x + sin($_*$pi/6.0)*$r*1.00);
    $outicky = int($y - cos($_*$pi/6.0)*$r*1.00);
    $intickx = int($x + sin($_*$pi/6.0)*$r*0.85);
    $inticky = int($y - cos($_*$pi/6.0)*$r*0.85);
    $tickwidth = $_ % 3 == 0 ? 3 : 1;
    $c->create('line', ($outickx, $outicky, $intickx, $inticky),
               -width => $tickwidth,
              );
} # end tick loop
undef $outickx; undef $outicky;    # cleanup
undef $intickx; undef $inticky;
undef $tickwidth;

# time and date variables:
my ($second,$minute,$hour,$date,$month,$year,$weekday,$yday,$dst);
my ($hourx, $houry, $minutex, $minutey ); # clock hand geometry
# my ($secondx, $secondy );               # (unused) clock hand geomet
+ry

for (;;) {                                # this is the timekeeping lo
+op
       # feel free to make use of some of these variables:
    ($second,$minute,$hour,$date,$month,$year,$weekday,$yday,$dst) =
       localtime();
    $hour = $hour % 12;
    ($hourx, $houry, $minutex, $minutey,  # $secondx, $secondy, 
        ) = ( 
        int($x + sin((($hour+$minute/60.0)/6.0)*$pi) *$r*0.75 ),
        int($y - cos((($hour+$minute/60.0)/6.0)*$pi) *$r*0.75 ),
        int($x + sin( ($minute/30.0)*$pi) *$r*1.00 ), 
        int($y - cos( ($minute/30.0)*$pi) *$r*1.00 ), 
        # int($x + sin( ($second/30.0)*$pi) *$r ), 
        # int($y - cos( ($second/30.0)*$pi) *$r ), 
            );
    $c -> delete('hourhand');
    $c -> create('line', ($hourx, $houry, $x, $y),
                 '-arrow' => 'first', 
                 '-tags'  => 'hourhand',
                 '-width' => 3,
                 );
    $c -> delete('minutehand');
    $c -> create('line', ($minutex, $minutey, $x, $y),
                 '-arrow' => 'first', 
                 '-tags'  => 'minutehand',
                 '-width' => 2,
                 );
#     $c -> delete('secondhand');
#     $c -> create('line', ($secondx, $secondy, $x, $y),
#                 '-tags'  => 'secondhand',
#                 );

    # DoOneEvent;                # <- use either this or
    $main -> update;           # <- this (both not necessary).

    sleep(1);                  # 1 sec compromise min cpu vs. lively-X

} # end timekeeping loop

__END__

=head1 NAME

pclock

=head1 SYNOPSIS

    pclock &

=head1 DESCRIPTION

B<pclock> is a clock implemented in Perl/Tk.

Here is the `date` on which this was written:

    Thu May  9 16:58:31 EDT 1996

It was then modified on:

    Fri May 10 16:31:10 EDT 1996

Thanks to Adrian Phillips and Simon Galton for helpful suggestions.

The choice between DoOneEvent; and $main->update; as well as sleep();
times may be system|X-server dependent.

As distributed by the author there is a second hand embedded within 
commented code in this program.

=head1 REQUIREMENTS
Perl with the Tk extension.
=head1 AUTHOR
Peter Prymmer pvhp@lns62.lns.cornell.edu  
=cut
[download]

Vertical text example

#!/usr/bin/perl
use Tk;
my $mw = new MainWindow;
my $c  = $mw->Canvas->pack;

$c->createText(50, 50,
           -text => 'Hello',
               -width => 1,
                   );
               
               MainLoop;
[download]