AXXTF (Axiata Group Bhd) Cyclically Adjusted PB Ratio: 0.80 (As of Sep. 05, 2026) — 24% Below Median

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AXXTF Axiata Group Bhd AXXTF
66 GF Score
Price $0.46
GF Value $0.47
! 6 Warning Signs
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What is Axiata Group Bhd Cyclically Adjusted PB Ratio?

Axiata Group Bhd AXXTF 66 Cyclically Adjusted PB Ratio is 0.80 as of Sep. 05, 2026, which is 24% below its 10-year median of 1.05. GuruFocus rates AXXTF with a GF Score™ of 66/100 and a GF Value™ of $0.47. The stock has 6 warning signs investors should review. Among 286 Telecommunication Services companies, Axiata Group Bhd ranks better than 80.77% on this metric.

As of today (2026-09-05), Axiata Group Bhd's current share price is $0.4637. Axiata Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.58. Axiata Group Bhd's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Axiata Group Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

AXXTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.05   Max: 1.75
Current: 0.68

During the past years, Axiata Group Bhd's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.63. And the median was 1.05.

AXXTF's Cyclically Adjusted PB Ratio is ranked better than
80.77% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.77 vs AXXTF: 0.68

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.

Axiata Group Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was $0.529. 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 $0.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axiata Group Bhd  (OTCPK:AXXTF) 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.


Axiata Group Bhd Cyclically Adjusted PB Ratio Related Terms


Axiata Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Axiata Group 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.

Axiata Group Bhd Cyclically Adjusted PB Ratio Chart

Axiata Group 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 1.60 1.16 0.88 0.92 0.95

Axiata 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 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 0.85 1.00 0.95 0.83 0.79

AXXTF vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Axiata 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.


Axiata Group Bhd Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Axiata Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


AXXTF
66GF Score
Axiata Group Bhd AXXTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Axiata Group 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.

Axiata Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4637/0.58
=0.80

* 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.

Axiata Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Axiata 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)
=0.529/333.9520*333.9520
=0.529

Current CPI (Jun. 2026) = 333.9520.

Axiata Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.638 241.428 0.883
201612 0.590 241.432 0.816
201703 0.644 243.801 0.882
201706 0.667 244.955 0.909
201709 0.662 246.819 0.896
201712 0.670 246.524 0.908
201803 0.662 249.554 0.886
201806 0.557 251.989 0.738
201809 0.509 252.439 0.673
201812 0.462 251.233 0.614
201903 0.456 254.202 0.599
201906 0.453 256.143 0.591
201909 0.436 256.759 0.567
201912 0.426 256.974 0.554
202003 0.396 258.115 0.512
202006 0.412 257.797 0.534
202009 0.415 260.280 0.532
202012 0.474 260.474 0.608
202103 0.462 264.877 0.582
202106 0.468 271.696 0.575
202109 0.468 274.310 0.570
202112 0.466 278.802 0.558
202203 0.438 287.504 0.509
202206 0.412 296.311 0.464
202209 0.398 296.808 0.448
202212 0.591 296.797 0.665
202303 0.584 301.836 0.646
202306 0.567 305.109 0.621
202309 0.524 307.789 0.569
202312 0.516 306.746 0.562
202403 0.505 312.332 0.540
202406 0.501 314.175 0.533
202409 0.539 315.301 0.571
202412 0.518 315.605 0.548
202503 0.508 319.799 0.530
202506 0.551 322.561 0.570
202509 0.538 324.800 0.553
202512 0.542 324.054 0.559
202603 0.549 330.213 0.555
202606 0.529 333.952 0.529

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.

What does a Cyclically Adjusted PB Ratio of 0.80 mean?
Axiata Group Bhd (AXXTF) has a Cyclically Adjusted PB Ratio of 0.80 as of Sep. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Axiata Group Bhd and its competitors. This is 24% below median its historical median of 1.05. Over the past decade, Axiata Group Bhd's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.75. According to the industry distribution chart, Axiata Group Bhd ranks #55 out of 286 companies in the Telecommunication Services industry, placing it in the top 19.2%.
Is Axiata Group Bhd's Cyclically Adjusted PB Ratio too high?
Axiata Group Bhd's current Cyclically Adjusted PB Ratio of 0.80 is 24% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.75. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.77. Axiata Group Bhd's value of 0.80 is 54.8% below this industry median. Based on the distribution chart, Axiata Group Bhd ranks #55 out of 286 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Axiata Group Bhd has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Axiata Group Bhd's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Axiata Group Bhd ranks #55 out of 286 companies for Cyclically Adjusted PB Ratio. This places Axiata Group Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.77. Axiata Group Bhd's value of 0.80 is 54.8% below this benchmark. Historically, Axiata Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.75 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.77, Axiata Group Bhd has consistently been below 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 Cyclically Adjusted PB Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.77, based on 286 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axiata Group Bhd's current Cyclically Adjusted PB Ratio of 0.80 is 54.8% below 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Axiata Group Bhd and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axiata Group Bhd's current Cyclically Adjusted PB Ratio is 0.80, which is 24% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axiata Group Bhd stock overvalued right now?
Axiata Group Bhd (AXXTF) has a current Cyclically Adjusted PB Ratio of 0.80. The stock's GF Value™ is $0.47, compared to a current price of $0.46 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 24% below median its 10-year median of 1.05 and 54.8% below the Telecommunication Services industry median of 1.77. Axiata Group Bhd's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Axiata Group Bhd (AXXTF), the current Cyclically Adjusted PB Ratio is 0.80 as of Sep. 05, 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 Axiata Group Bhd (AXXTF) Overvalued in 2026?

Based on GuruFocus' analysis, Axiata Group Bhd stock appears to be undervalued. The current stock price of $0.46 is trading 1.3% below its estimated GF Value™ of $0.47.

Key valuation signals for AXXTF:

  • Cyclically Adjusted PB Ratio: 0.80 (24% below median its 10-year median of 1.05)
  • GF Value™: $0.47 vs. price of $0.46 (1.3% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 54.8% below the Telecommunication Services median (#55 of 286)

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


Axiata Group Bhd Business Description

Other Exchanges 6888:Malaysia
Address 9 Jalan Stesen Sentral 5, Level 30, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470
Axiata Group Bhd is a telecommunications company. The business segment of the company is the Digital telco/Mobile segment, which includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services, digital business, and others; the Digital segment is engaged in the multimedia advertising, creative content, e-commerce enablement; Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services; and Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission.
66GF Score

Get the complete analysis for AXXTF

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

$0.46
Price
$0.47
GF Value