PPB Group Bhd (XKLS:4065) Cyclically Adjusted Book per Share: RM19.68 (As of Jun. 2026)

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XKLS:4065 PPB Group Bhd XKLS:4065
72 GF Score
Price RM9.61
GF Value RM12.23
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PPB Group Bhd Cyclically Adjusted Book per Share?

PPB Group Bhd XKLS:4065 -1.23% 72 Cyclically Adjusted Book per Share is RM19.68 as of Jun. 2026. GuruFocus rates XKLS:4065 with a GF Score™ of 72/100 and a GF Value™ of RM12.23 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

PPB Group Bhd's adjusted book value per share for the three months ended in Jun. 2026 was RM15.803. 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 RM19.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PPB Group Bhd's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PPB Group Bhd was 9.00% per year. The lowest was 4.60% per year. And the median was 7.10% per year.

As of today (2026-09-11), PPB Group Bhd's current stock price is RM9.61. PPB Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM19.68. PPB Group Bhd's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PPB Group Bhd was 1.49. The lowest was 0.46. And the median was 0.93.


PPB Group Bhd  (XKLS:4065) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

PPB Group Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.61/19.68
=0.49

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PPB Group Bhd was 1.49. The lowest was 0.46. And the median was 0.93.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PPB Group Bhd Cyclically Adjusted Book per Share Related Terms


PPB Group Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PPB Group Bhd's Cyclically Adjusted Book per Share 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.

PPB Group Bhd Cyclically Adjusted Book per Share Chart

PPB Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.26 16.79 17.85 18.76 19.22

PPB Group 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 Book per Share 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 19.26 19.36 19.22 19.52 19.68

XKLS:4065 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, PPB Group 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.


PPB Group Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PPB Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:4065
72GF Score
PPB Group Bhd XKLS:4065
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPB Group Bhd Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PPB Group 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)
=15.803/333.9520*333.9520
=15.803

Current CPI (Jun. 2026) = 333.9520.

PPB Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.705 241.428 18.957
201612 14.540 241.432 20.112
201703 15.063 243.801 20.633
201706 14.716 244.955 20.063
201709 14.815 246.819 20.045
201712 14.537 246.524 19.692
201803 14.220 249.554 19.029
201806 14.494 251.989 19.208
201809 14.671 252.439 19.408
201812 14.790 251.233 19.660
201903 14.948 254.202 19.638
201906 14.899 256.143 19.425
201909 14.979 256.759 19.482
201912 15.068 256.974 19.582
202003 15.502 258.115 20.057
202006 15.472 257.797 20.043
202009 15.487 260.280 19.871
202012 16.040 260.474 20.565
202103 16.721 264.877 21.082
202106 16.643 271.696 20.457
202109 16.858 274.310 20.523
202112 17.174 278.802 20.571
202203 17.448 287.504 20.267
202206 18.000 296.311 20.287
202209 18.604 296.808 20.932
202212 18.157 296.797 20.430
202303 18.616 301.836 20.597
202306 18.871 305.109 20.655
202309 18.947 307.789 20.558
202312 19.075 306.746 20.767
202403 19.510 312.332 20.861
202406 19.369 314.175 20.588
202409 17.718 315.301 18.766
202412 18.679 315.605 19.765
202503 18.827 319.799 19.660
202506 18.281 322.561 18.927
202509 18.000 324.800 18.507
202512 15.547 324.054 16.022
202603 15.634 330.213 15.811
202606 15.803 333.952 15.803

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of RM19.68 mean?
PPB Group Bhd (XKLS:4065) has a Cyclically Adjusted Book per Share of RM19.68 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PPB Group Bhd and its competitors.
Is PPB Group Bhd's Cyclically Adjusted Book per Share too high?
PPB Group Bhd's current Cyclically Adjusted Book per Share is RM19.68. Overall, PPB Group Bhd has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PPB Group Bhd's Cyclically Adjusted Book per Share compare to ADM and BG?
PPB Group Bhd's Cyclically Adjusted Book per Share of RM19.68 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PPB Group Bhd and its competitors. PPB Group Bhd's current Cyclically Adjusted Book per Share is RM19.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPB Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, PPB Group Bhd (XKLS:4065) is currently considered Modestly Undervalued. The stock's GF Value™ is RM12.23, compared to a current price of RM9.61 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM19.68. PPB Group Bhd's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PPB Group Bhd (XKLS:4065), the current Cyclically Adjusted Book per Share is RM19.68 as of Jun. 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 PPB Group Bhd (XKLS:4065) Overvalued in 2026?

Based on GuruFocus' analysis, PPB Group Bhd stock appears to be undervalued. The current stock price of RM9.61 is trading 21.4% below its estimated GF Value™ of RM12.23. GuruFocus considers PPB Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4065:

  • Cyclically Adjusted Book per Share: RM19.68
  • GF Value™: RM12.23 vs. price of RM9.61 (21.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the XKLS:4065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PPB Group Bhd Business Description

Address No. 10 Jalan P. Ramlee, 12th Floor, UBN Tower, Kuala Lumpur, SGR, MYS, 50250
PPB Group Bhd is a diversified company working in food and waste management, film distribution, and property development. The company operates flour and animal feed mills, trades grains, and conducts livestock farming across Asia. Its operating segments comprise Grains and agribusiness; Consumer products; Film exhibition and distribution; Property; and Investments and Other Operations. It derives the majority of its revenue from Grains and agribusiness. The Grains and Agribusiness segment comprises flour milling, animal feed manufacturing, and livestock farming.
72GF Score

Get the complete analysis for XKLS:4065

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

RM9.61
Price
RM12.23
GF Value