BATMF (British American Tobacco Malaysia Bhd) Cyclically Adjusted PB Ratio: 3.06 (As of Aug. 13, 2026) — 45% Below Median

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BATMF British American Tobacco Malaysia Bhd BATMF
70 GF Score
Price $1.07
GF Value $1.36
! 11 Warning Signs
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What is British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio?

British American Tobacco Malaysia Bhd BATMF 70 Cyclically Adjusted PB Ratio is 3.06 as of Aug. 13, 2026, which is 45% below its 10-year median of 5.57. GuruFocus rates BATMF with a GF Score™ of 70/100 and a GF Value™ of $1.36. The stock has 11 warning signs investors should review. Among 28 Tobacco Products companies, British American Tobacco Malaysia Bhd ranks worse than 60.71% on this metric.

As of today (2026-08-13), British American Tobacco Malaysia Bhd's current share price is $1.07. British American Tobacco Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.35. British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 3.06.

The historical rank and industry rank for British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

BATMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.56   Med: 5.57   Max: 9.08
Current: 2.9

During the past years, British American Tobacco Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 9.08. The lowest was 2.56. And the median was 5.57.

BATMF's Cyclically Adjusted PB Ratio is ranked worse than
60.71% of 28 companies
in the Tobacco Products industry
Industry Median: 2.435 vs BATMF: 2.90

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.

British American Tobacco Malaysia Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was $0.295. 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 $0.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


British American Tobacco Malaysia Bhd  (OTCPK:BATMF) 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.


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for British American Tobacco Malaysia 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.

British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Chart

British American Tobacco Malaysia 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 7.86 6.18 5.22 4.35 2.70

British American Tobacco Malaysia 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 2.73 3.06 2.70 3.39 3.06

BATMF vs PM, MO, TPB: Cyclically Adjusted PB Ratio Comparison

For the Tobacco subindustry, British American Tobacco Malaysia 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.


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio falls into.


BATMF
70GF Score
British American Tobacco Malaysia Bhd BATMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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British American Tobacco Malaysia 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.

British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.07/0.35
=3.06

* 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.

British American Tobacco Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, British American Tobacco Malaysia 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)
=0.295/333.9520*333.9520
=0.295

Current CPI (Jun. 2026) = 333.9520.

British American Tobacco Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.402 241.428 0.556
201612 0.482 241.432 0.667
201703 0.297 243.801 0.407
201706 0.333 244.955 0.454
201709 0.355 246.819 0.480
201712 0.328 246.524 0.444
201803 0.319 249.554 0.427
201806 0.328 251.989 0.435
201809 0.356 252.439 0.471
201812 0.354 251.233 0.471
201903 0.322 254.202 0.423
201906 0.309 256.143 0.403
201909 0.316 256.759 0.411
201912 0.328 256.974 0.426
202003 0.287 258.115 0.371
202006 0.291 257.797 0.377
202009 0.306 260.280 0.393
202012 0.322 260.474 0.413
202103 0.310 264.877 0.391
202106 0.318 271.696 0.391
202109 0.325 274.310 0.396
202112 0.318 278.802 0.381
202203 0.298 287.504 0.346
202206 0.308 296.311 0.347
202209 0.305 296.808 0.343
202212 0.300 296.797 0.338
202303 0.280 301.836 0.310
202306 0.283 305.109 0.310
202309 0.291 307.789 0.316
202312 0.284 306.746 0.309
202403 0.273 312.332 0.292
202406 0.278 314.175 0.295
202409 0.320 315.301 0.339
202412 0.305 315.605 0.323
202503 0.291 319.799 0.304
202506 0.343 322.561 0.355
202509 0.307 324.800 0.316
202512 0.407 324.054 0.419
202603 0.391 330.213 0.395
202606 0.295 333.952 0.295

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 3.06 mean?
British American Tobacco Malaysia Bhd (BATMF) has a Cyclically Adjusted PB Ratio of 3.06 as of Aug. 13, 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 British American Tobacco Malaysia Bhd and its competitors. This is 45% below median its historical median of 5.57. Over the past decade, British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio has ranged from 2.56 to 9.08. According to the industry distribution chart, British American Tobacco Malaysia Bhd ranks #17 out of 28 companies in the Tobacco Products industry, placing it in the top 60.7%.
Is British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio too high?
British American Tobacco Malaysia Bhd's current Cyclically Adjusted PB Ratio of 3.06 is 45% below median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 9.08. The Tobacco Products industry median Cyclically Adjusted PB Ratio is 2.44. British American Tobacco Malaysia Bhd's value of 3.06 is 25.7% above this industry median. Based on the distribution chart, British American Tobacco Malaysia Bhd ranks #17 out of 28 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, British American Tobacco Malaysia Bhd has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, British American Tobacco Malaysia Bhd ranks #17 out of 28 companies for Cyclically Adjusted PB Ratio. This places British American Tobacco Malaysia Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.44. British American Tobacco Malaysia Bhd's value of 3.06 is 25.7% above this benchmark. Historically, British American Tobacco Malaysia Bhd's own Cyclically Adjusted PB Ratio has ranged from 2.56 to 9.08 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 2.44, British American Tobacco Malaysia 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 Cyclically Adjusted PB Ratio for a Tobacco Products company?
The median Cyclically Adjusted PB Ratio among Tobacco Products companies is 2.44, based on 28 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. British American Tobacco Malaysia Bhd's current Cyclically Adjusted PB Ratio of 3.06 is 25.7% 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 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 British American Tobacco Malaysia Bhd and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PB Ratio is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. British American Tobacco Malaysia Bhd's current Cyclically Adjusted PB Ratio is 3.06, which is 45% below median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco Malaysia Bhd stock overvalued right now?
British American Tobacco Malaysia Bhd (BATMF) has a current Cyclically Adjusted PB Ratio of 3.06. The stock's GF Value™ is $1.36, compared to a current price of $1.07 — trading 21.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.06, which is 45% below median its 10-year median of 5.57 and 25.7% above the Tobacco Products industry median of 2.44. British American Tobacco Malaysia Bhd's overall GF Score™ is 70/100 with 11 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 British American Tobacco Malaysia Bhd (BATMF), the current Cyclically Adjusted PB Ratio is 3.06 as of Aug. 13, 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 British American Tobacco Malaysia Bhd (BATMF) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco Malaysia Bhd stock appears to be undervalued. The current stock price of $1.07 is trading 21.3% below its estimated GF Value™ of $1.36.

Key valuation signals for BATMF:

  • Cyclically Adjusted PB Ratio: 3.06 (45% below median its 10-year median of 5.57)
  • GF Value™: $1.36 vs. price of $1.07 (21.3% below fair value)
  • GF Score™: 70/100 with 11 warning signs
  • Industry Position: 25.7% above the Tobacco Products median (#17 of 28)

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


British American Tobacco Malaysia Bhd Business Description

Other Exchanges 4162:Malaysia
Address No. 6, Jalan Damanlela, Level 19, Guoco Tower, Damansara, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
British American Tobacco Malaysia Bhd is principally engaged in the manufacturing, marketing, and importation of cigarettes, pipe tobaccos, cigars, devices, other tobacco products, and nicotine products. Geographically, the company operates in Malaysia. Its key brands are Dunhill, Peter Stuyvesant, Rothmans, KYO, Pall Mall, and Kent.
70GF Score

Get the complete analysis for BATMF

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

$1.07
Price
$1.36
GF Value