MAXSF (Maxis Bhd) Cyclically Adjusted PB Ratio: 3.74 (As of Jul. 16, 2026) — Near Median

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MAXSF Maxis Bhd MAXSF
77 GF Score
Price $0.71
GF Value $0.76
! 5 Warning Signs
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What is Maxis Bhd Cyclically Adjusted PB Ratio?

Maxis Bhd MAXSF 77 Cyclically Adjusted PB Ratio is 3.74 as of Jul. 16, 2026, which is 9% below its 10-year median of 4.11. GuruFocus rates MAXSF with a GF Score™ of 77/100 and a GF Value™ of $0.76. The stock has 5 warning signs investors should review. Among 289 Telecommunication Services companies, Maxis Bhd ranks worse than 75.43% on this metric.

As of today (2026-07-16), Maxis Bhd's current share price is $0.71. Maxis Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.19. Maxis Bhd's Cyclically Adjusted PB Ratio for today is 3.74.

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

MAXSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.32   Med: 4.11   Max: 6.33
Current: 3.65

During the past years, Maxis Bhd's highest Cyclically Adjusted PB Ratio was 6.33. The lowest was 3.32. And the median was 4.11.

MAXSF's Cyclically Adjusted PB Ratio is ranked worse than
75.43% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs MAXSF: 3.65

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.

Maxis Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was $0.199. 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 $0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxis Bhd  (OTCPK:MAXSF) 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.


Maxis Bhd Cyclically Adjusted PB Ratio Related Terms


Maxis Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maxis 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.

Maxis Bhd Cyclically Adjusted PB Ratio Chart

Maxis 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 5.30 4.13 4.15 3.90 3.94

Maxis 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 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 3.58 3.77 3.75 3.94 3.67

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

For the Telecom Services subindustry, Maxis 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.


Maxis Bhd Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


MAXSF
77GF Score
Maxis Bhd MAXSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maxis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.71/0.19
=3.74

* 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.

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

For example, Maxis 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)
=0.199/330.2130*330.2130
=0.199

Current CPI (Mar. 2026) = 330.2130.

Maxis Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.144 241.018 0.197
201609 0.148 241.428 0.202
201612 0.139 241.432 0.190
201703 0.145 243.801 0.196
201706 0.200 244.955 0.270
201709 0.209 246.819 0.280
201712 0.218 246.524 0.292
201803 0.232 249.554 0.307
201806 0.229 251.989 0.300
201809 0.225 252.439 0.294
201812 0.219 251.233 0.288
201903 0.224 254.202 0.291
201906 0.219 256.143 0.282
201909 0.217 256.759 0.279
201912 0.216 256.974 0.278
202003 0.209 258.115 0.267
202006 0.211 257.797 0.270
202009 0.219 260.280 0.278
202012 0.212 260.474 0.269
202103 0.218 264.877 0.272
202106 0.218 271.696 0.265
202109 0.207 274.310 0.249
202112 0.196 278.802 0.232
202203 0.202 287.504 0.232
202206 0.191 296.311 0.213
202209 0.183 296.808 0.204
202212 0.176 296.797 0.196
202303 0.180 301.836 0.197
202306 0.167 305.109 0.181
202309 0.164 307.789 0.176
202312 0.157 306.746 0.169
202403 0.157 312.332 0.166
202406 0.158 314.175 0.166
202409 0.176 315.301 0.184
202412 0.169 315.605 0.177
202503 0.169 319.799 0.175
202506 0.180 322.561 0.184
202509 0.184 324.800 0.187
202512 0.192 324.054 0.196
202603 0.199 330.213 0.199

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 3.74 mean?
Maxis Bhd (MAXSF) has a Cyclically Adjusted PB Ratio of 3.74 as of Jul. 16, 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 Maxis Bhd and its competitors. This is near median its historical median of 4.11. Over the past decade, Maxis Bhd's Cyclically Adjusted PB Ratio has ranged from 3.32 to 6.33. According to the industry distribution chart, Maxis Bhd ranks #218 out of 289 companies in the Telecommunication Services industry, placing it in the top 75.4%.
Is Maxis Bhd's Cyclically Adjusted PB Ratio too high?
Maxis Bhd's current Cyclically Adjusted PB Ratio of 3.74 is near median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 6.33. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.83. Maxis Bhd's value of 3.74 is 104.4% above this industry median. Based on the distribution chart, Maxis Bhd ranks #218 out of 289 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Maxis Bhd has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Maxis Bhd's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Maxis Bhd ranks #218 out of 289 companies for Cyclically Adjusted PB Ratio. This places Maxis Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. Maxis Bhd's value of 3.74 is 104.4% above this benchmark. Historically, Maxis Bhd's own Cyclically Adjusted PB Ratio has ranged from 3.32 to 6.33 over the past decade. While the company's 10-year median is 4.11 vs. the industry median of 1.83, Maxis 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.83, based on 289 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. Maxis Bhd's current Cyclically Adjusted PB Ratio of 3.74 is 104.4% 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 Maxis Bhd and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxis Bhd's current Cyclically Adjusted PB Ratio is 3.74, which is near median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxis Bhd stock overvalued right now?
Maxis Bhd (MAXSF) has a current Cyclically Adjusted PB Ratio of 3.74. The stock's GF Value™ is $0.76, compared to a current price of $0.71 — trading 6.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.74, which is near median its 10-year median of 4.11 and 104.4% above the Telecommunication Services industry median of 1.83. Maxis Bhd's overall GF Score™ is 77/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Maxis Bhd (MAXSF), the current Cyclically Adjusted PB Ratio is 3.74 as of Jul. 16, 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 Maxis Bhd (MAXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Maxis Bhd stock appears to be undervalued. The current stock price of $0.71 is trading 6.6% below its estimated GF Value™ of $0.76.

Key valuation signals for MAXSF:

  • Cyclically Adjusted PB Ratio: 3.74 (near median its 10-year median of 4.11)
  • GF Value™: $0.76 vs. price of $0.71 (6.6% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 104.4% above the Telecommunication Services median (#218 of 289)

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


Maxis Bhd Business Description

Other Exchanges 6012:Malaysia
Address Off Jalan Ampang, Level 5 - 9, 11, 15 - 25, Menara Maxis, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088
Maxis Bhd is a telecommunications provider. Its primary services include mobile, wireless, fixed, and enterprise services, with the majority of revenue generated from mobile and wireless. The company generates mobile revenue from prepaid and postpaid subscribers, with roughly an even split between both. Within enterprise services, Maxis provides traditional managed services in addition to mobile and fixed services. Additionally, the company owns fiber backhaul infrastructure.
77GF Score

Get the complete analysis for MAXSF

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

$0.71
Price
$0.76
GF Value