Petronas Gas Bhd (XKLS:6033) Cyclically Adjusted Book per Share: RM7.88 (As of Mar. 2026)


XKLS:6033 Petronas Gas Bhd XKLS:6033
87 GF Score
Price RM17.50
GF Value RM17.70
Valuation Fairly Valued
! 5 Warning Signs
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What is Petronas Gas Bhd Cyclically Adjusted Book per Share?

Petronas Gas Bhd XKLS:6033 87 Cyclically Adjusted Book per Share is RM7.88 as of Mar. 2026. GuruFocus rates XKLS:6033 with a GF Score™ of 87/100 and a GF Value™ of RM17.70 (Fairly Valued). The stock has 5 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.

Petronas Gas Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM7.185. 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 RM7.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Petronas Gas 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 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Petronas Gas Bhd was 6.90% per year. The lowest was 2.80% per year. And the median was 5.35% per year.

As of today (2026-07-07), Petronas Gas Bhd's current stock price is RM17.50. Petronas Gas Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM7.88. Petronas Gas Bhd's Cyclically Adjusted PB Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Petronas Gas Bhd was 3.58. The lowest was 2.10. And the median was 2.45.


Petronas Gas Bhd  (XKLS:6033) 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.

Petronas Gas Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.50/7.88
=2.22

* 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 Petronas Gas Bhd was 3.58. The lowest was 2.10. And the median was 2.45.


Be Aware

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


Petronas Gas Bhd Cyclically Adjusted Book per Share Related Terms


Petronas Gas Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Petronas Gas 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.

Petronas Gas Bhd Cyclically Adjusted Book per Share Chart

Petronas Gas 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 6.63 7.14 7.40 7.61 7.76

Petronas Gas 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 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 7.71 7.76 7.80 7.76 7.88

XKLS:6033 vs XOM, CVX: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Integrated subindustry, Petronas Gas 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.


Petronas Gas Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6033
87GF Score
Petronas Gas Bhd XKLS:6033
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petronas Gas 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, Petronas Gas 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)
=7.185/330.2130*330.2130
=7.185

Current CPI (Mar. 2026) = 330.2130.

Petronas Gas Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.921 241.018 8.112
201609 5.985 241.428 8.186
201612 6.048 241.432 8.272
201703 6.095 243.801 8.255
201706 6.168 244.955 8.315
201709 6.226 246.819 8.330
201712 6.258 246.524 8.382
201803 6.393 249.554 8.459
201806 6.489 251.989 8.503
201809 6.582 252.439 8.610
201812 6.481 251.233 8.518
201903 6.564 254.202 8.527
201906 6.654 256.143 8.578
201909 6.715 256.759 8.636
201912 6.694 256.974 8.602
202003 6.561 258.115 8.394
202006 6.676 257.797 8.551
202009 6.310 260.280 8.005
202012 6.385 260.474 8.095
202103 6.382 264.877 7.956
202106 6.442 271.696 7.829
202109 6.581 274.310 7.922
202112 6.620 278.802 7.841
202203 6.509 287.504 7.476
202206 6.560 296.311 7.311
202209 6.628 296.808 7.374
202212 6.645 296.797 7.393
202303 6.643 301.836 7.268
202306 6.734 305.109 7.288
202309 6.811 307.789 7.307
202312 6.850 306.746 7.374
202403 6.868 312.332 7.261
202406 6.942 314.175 7.296
202409 7.001 315.301 7.332
202412 7.049 315.605 7.375
202503 7.065 319.799 7.295
202506 7.122 322.561 7.291
202509 7.186 324.800 7.306
202512 7.185 324.054 7.322
202603 7.185 330.213 7.185

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 RM7.88 mean?
Petronas Gas Bhd (XKLS:6033) has a Cyclically Adjusted Book per Share of RM7.88 as of Mar. 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 Petronas Gas Bhd and its competitors.
Is Petronas Gas Bhd's Cyclically Adjusted Book per Share too high?
Petronas Gas Bhd's current Cyclically Adjusted Book per Share is RM7.88. Overall, Petronas Gas Bhd has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Cyclically Adjusted Book per Share compare to XOM and CVX?
Petronas Gas Bhd's Cyclically Adjusted Book per Share of RM7.88 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Petronas Gas Bhd and its competitors. Petronas Gas Bhd's current Cyclically Adjusted Book per Share is RM7.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (XKLS:6033) is currently considered Fairly Valued. The stock's GF Value™ is RM17.70, compared to a current price of RM17.50 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM7.88. Petronas Gas Bhd's overall GF Score™ is 87/100 with 5 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 Petronas Gas Bhd (XKLS:6033), the current Cyclically Adjusted Book per Share is RM7.88 as of Mar. 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 Petronas Gas Bhd (XKLS:6033) Overvalued in 2026?

Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued. The current stock price of RM17.50 is trading 1.1% below its estimated GF Value™ of RM17.70. GuruFocus considers Petronas Gas Bhd to be Fairly Valued.

Key valuation signals for XKLS:6033:

  • Cyclically Adjusted Book per Share: RM7.88
  • GF Value™: RM17.70 vs. price of RM17.50 (1.1% below fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the XKLS:6033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petronas Gas Bhd Business Description

Industry EnergyOil & Gas
Other Exchanges PNAGF:USA
Address PETRONAS Twin Towers, Level 49 & 50, Tower 1, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
87GF Score

Get the complete analysis for XKLS:6033

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

RM17.50
Price
RM17.70
GF Value