GMUAF (Gamuda Bhd) Cyclically Adjusted PB Ratio: 2.04 (As of Aug. 04, 2026) — 65% Above Median

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GMUAF Gamuda Bhd GMUAF
85 GF Score
Price $0.41
GF Value $0.47
! 8 Warning Signs
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What is Gamuda Bhd Cyclically Adjusted PB Ratio?

Gamuda Bhd GMUAF 85 Cyclically Adjusted PB Ratio is 2.04 as of Aug. 04, 2026, which is 65% above its 10-year median of 1.24. GuruFocus rates GMUAF with a GF Score™ of 85/100 and a GF Value™ of $0.47. The stock has 8 warning signs investors should review. Among 1,345 Construction companies, Gamuda Bhd ranks worse than 68.18% on this metric.

As of today (2026-08-04), Gamuda Bhd's current share price is $0.4085. Gamuda Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $0.20. Gamuda Bhd's Cyclically Adjusted PB Ratio for today is 2.04.

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

GMUAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.24   Max: 2.74
Current: 1.98

During the past years, Gamuda Bhd's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.85. And the median was 1.24.

GMUAF's Cyclically Adjusted PB Ratio is ranked worse than
68.18% of 1345 companies
in the Construction industry
Industry Median: 1.15 vs GMUAF: 1.98

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.

Gamuda Bhd's adjusted book value per share data for the three months ended in Apr. 2026 was $0.535. 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 $0.20 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gamuda Bhd  (OTCPK:GMUAF) 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.


Gamuda Bhd Cyclically Adjusted PB Ratio Related Terms


Gamuda Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gamuda 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.

Gamuda Bhd Cyclically Adjusted PB Ratio Chart

Gamuda Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.07 1.15 1.98 2.49

Gamuda Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.06 2.49 2.41 2.10 2.05

GMUAF vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Gamuda 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.


Gamuda Bhd Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Gamuda Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GMUAF
85GF Score
Gamuda Bhd GMUAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gamuda 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4085/0.20
=2.04

* 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.

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

For example, Gamuda Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.535/333.0200*333.0200
=0.535

Current CPI (Apr. 2026) = 333.0200.

Gamuda Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.354 240.628 0.490
201610 0.354 241.729 0.488
201701 0.337 242.839 0.462
201704 0.348 244.524 0.474
201707 0.356 244.786 0.484
201710 0.369 246.663 0.498
201801 0.388 247.867 0.521
201804 0.405 250.546 0.538
201807 0.380 252.006 0.502
201810 0.380 252.885 0.500
201901 0.385 251.712 0.509
201904 0.395 255.548 0.515
201907 0.396 256.571 0.514
201910 0.400 257.346 0.518
202001 0.409 257.971 0.528
202004 0.393 256.389 0.510
202007 0.399 259.101 0.513
202010 0.411 260.388 0.526
202101 0.428 261.582 0.545
202104 0.427 267.054 0.532
202107 0.434 273.003 0.529
202110 0.444 276.589 0.535
202201 0.443 281.148 0.525
202204 0.448 289.109 0.516
202207 0.437 296.276 0.491
202210 0.460 298.012 0.514
202301 0.449 299.170 0.500
202304 0.454 303.363 0.498
202307 0.442 305.691 0.482
202310 0.436 307.671 0.472
202401 0.450 308.417 0.486
202404 0.439 313.548 0.466
202407 0.438 314.540 0.464
202410 0.482 315.664 0.509
202501 0.472 317.671 0.495
202504 0.470 320.795 0.488
202507 0.489 323.048 0.504
202510 0.501 0.000
202601 0.530 325.252 0.543
202604 0.535 333.020 0.535

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 2.04 mean?
Gamuda Bhd (GMUAF) has a Cyclically Adjusted PB Ratio of 2.04 as of Aug. 04, 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 Gamuda Bhd and its competitors. This is 65% above median its historical median of 1.24. Over the past decade, Gamuda Bhd's Cyclically Adjusted PB Ratio has ranged from 0.85 to 2.74. According to the industry distribution chart, Gamuda Bhd ranks #917 out of 1345 companies in the Construction industry, placing it in the top 68.2%.
Is Gamuda Bhd's Cyclically Adjusted PB Ratio too high?
Gamuda Bhd's current Cyclically Adjusted PB Ratio of 2.04 is 65% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.74. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Gamuda Bhd's value of 2.04 is 77.4% above this industry median. Based on the distribution chart, Gamuda Bhd ranks #917 out of 1345 companies in the Construction industry, which is below the industry midpoint. Overall, Gamuda Bhd has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Gamuda Bhd's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Gamuda Bhd ranks #917 out of 1345 companies for Cyclically Adjusted PB Ratio. This places Gamuda Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Gamuda Bhd's value of 2.04 is 77.4% above this benchmark. Historically, Gamuda Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 2.74 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.15, Gamuda 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,345 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. Gamuda Bhd's current Cyclically Adjusted PB Ratio of 2.04 is 77.4% 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 Gamuda Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gamuda Bhd's current Cyclically Adjusted PB Ratio is 2.04, which is 65% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gamuda Bhd stock overvalued right now?
Gamuda Bhd (GMUAF) has a current Cyclically Adjusted PB Ratio of 2.04. The stock's GF Value™ is $0.47, compared to a current price of $0.41 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.04, which is 65% above median its 10-year median of 1.24 and 77.4% above the Construction industry median of 1.15. Gamuda Bhd's overall GF Score™ is 85/100 with 8 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 Gamuda Bhd (GMUAF), the current Cyclically Adjusted PB Ratio is 2.04 as of Aug. 04, 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 Gamuda Bhd (GMUAF) Overvalued in 2026?

Based on GuruFocus' analysis, Gamuda Bhd stock appears to be undervalued. The current stock price of $0.41 is trading 13.1% below its estimated GF Value™ of $0.47.

Key valuation signals for GMUAF:

  • Cyclically Adjusted PB Ratio: 2.04 (65% above median its 10-year median of 1.24)
  • GF Value™: $0.47 vs. price of $0.41 (13.1% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 77.4% above the Construction median (#917 of 1345)

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


Gamuda Bhd Business Description

Other Exchanges 5398:Malaysia
Address No. 8, Jalan PJU8/8A, Menara Gamuda, D-16-01, Block D, PJ Trade Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
Gamuda Bhd is principally into investment holding and civil engineering construction. The company's business activities include: Engineering and Construction, Property Development, Renewable Energy, and Technology and Digitalisation. Its reportable segments are: (i) Engineering and construction-the construction of highways and bridges, airfield facilities, railway, tunnel, water treatment plants, dams, general and trading services related to construction activities and the management of water supply; and (ii) Property development and club operations - the development of residential and commercial properties and club operations. The majority of the revenue is generated from the Engineering and Construction segment.
85GF Score

Get the complete analysis for GMUAF

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

$0.41
Price
$0.47
GF Value