SPMXF (Supermax Bhd) Cyclically Adjusted PB Ratio: 0.29 (As of Jul. 12, 2026) — 72% Below Median


SPMXF Supermax Corp Bhd SPMXF
50 GF Score
Price $0.15
GF Value $0.40
! 6 Warning Signs
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What is Supermax Bhd Cyclically Adjusted PB Ratio?

Supermax Bhd SPMXF 50 Cyclically Adjusted PB Ratio is 0.29 as of Jul. 12, 2026, which is 72% below its 10-year median of 1.03. GuruFocus rates SPMXF with a GF Score™ of 50/100 and a GF Value™ of $0.40. The stock has 6 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Supermax Bhd ranks better than 91.6% on this metric.

As of today (2026-07-12), Supermax Bhd's current share price is $0.15. Supermax Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.52. Supermax Bhd's Cyclically Adjusted PB Ratio for today is 0.29.

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

SPMXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.03   Max: 25.89
Current: 0.25

During the past years, Supermax Bhd's highest Cyclically Adjusted PB Ratio was 25.89. The lowest was 0.25. And the median was 1.03.

SPMXF's Cyclically Adjusted PB Ratio is ranked better than
91.6% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs SPMXF: 0.25

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.

Supermax Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was $0.312. 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 $0.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Supermax Bhd  (OTCPK:SPMXF) 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.


Supermax Bhd Cyclically Adjusted PB Ratio Related Terms


Supermax Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Supermax 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.

Supermax Bhd Cyclically Adjusted PB Ratio Chart

Supermax Bhd Annual Data
Trend Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 1.27 0.94 0.86 0.61

Supermax 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 0.76 0.61 0.45 0.33 0.29

SPMXF vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Supermax 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.


Supermax Bhd Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Supermax Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SPMXF
50GF Score
Supermax Corp Bhd SPMXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Supermax 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.15/0.52
=0.29

* 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.

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

For example, Supermax 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)
=0.312/330.2130*330.2130
=0.312

Current CPI (Mar. 2026) = 330.2130.

Supermax Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.075 238.132 0.104
201609 0.073 241.428 0.100
201612 0.070 241.432 0.096
201703 0.070 243.801 0.095
201706 0.073 244.955 0.098
201709 0.076 246.819 0.102
201712 0.078 246.524 0.104
201803 0.082 249.554 0.109
201806 0.075 251.989 0.098
201809 0.075 252.439 0.098
201812 0.077 251.233 0.101
201903 0.080 254.202 0.104
201906 0.080 256.143 0.103
201909 0.082 256.759 0.105
201912 0.084 256.974 0.108
202003 0.086 258.115 0.110
202006 0.109 257.797 0.140
202009 0.163 260.280 0.207
202012 0.251 260.474 0.318
202103 0.311 264.877 0.388
202106 0.355 271.696 0.431
202109 0.370 274.310 0.445
202112 0.371 278.802 0.439
202203 0.360 287.504 0.413
202206 0.346 296.311 0.386
202209 0.340 296.808 0.378
202212 0.333 296.797 0.370
202303 0.327 301.836 0.358
202306 0.321 305.109 0.347
202309 0.318 307.789 0.341
202312 0.315 306.746 0.339
202403 0.314 312.332 0.332
202406 0.307 314.175 0.323
202409 0.318 315.301 0.333
202412 0.312 315.605 0.326
202503 0.312 319.799 0.322
202506 0.315 322.561 0.322
202509 0.306 324.800 0.311
202512 0.305 324.054 0.311
202603 0.312 330.213 0.312

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 0.29 mean?
Supermax Bhd (SPMXF) has a Cyclically Adjusted PB Ratio of 0.29 as of Jul. 12, 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 Supermax Bhd and its competitors. This is 72% below median its historical median of 1.03. Over the past decade, Supermax Bhd's Cyclically Adjusted PB Ratio has ranged from 0.25 to 25.89. According to the industry distribution chart, Supermax Bhd ranks #44 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 8.4%.
Is Supermax Bhd's Cyclically Adjusted PB Ratio too high?
Supermax Bhd's current Cyclically Adjusted PB Ratio of 0.29 is 72% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 25.89. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Supermax Bhd's value of 0.29 is 83.9% below this industry median. Based on the distribution chart, Supermax Bhd ranks #44 out of 524 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Supermax Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Supermax Bhd's Cyclically Adjusted PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Supermax Bhd ranks #44 out of 524 companies for Cyclically Adjusted PB Ratio. This places Supermax Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. Supermax Bhd's value of 0.29 is 83.9% below this benchmark. Historically, Supermax Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 25.89 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.80, Supermax 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 524 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. Supermax Bhd's current Cyclically Adjusted PB Ratio of 0.29 is 83.9% 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 Supermax Bhd and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Supermax Bhd's current Cyclically Adjusted PB Ratio is 0.29, which is 72% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supermax Bhd stock overvalued right now?
Supermax Bhd (SPMXF) has a current Cyclically Adjusted PB Ratio of 0.29. The stock's GF Value™ is $0.40, compared to a current price of $0.15 — trading 62.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.29, which is 72% below median its 10-year median of 1.03 and 83.9% below the Medical Devices & Instruments industry median of 1.80. Supermax Bhd's overall GF Score™ is 50/100 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 Supermax Bhd (SPMXF), the current Cyclically Adjusted PB Ratio is 0.29 as of Jul. 12, 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 Supermax Bhd (SPMXF) Overvalued in 2026?

Based on GuruFocus' analysis, Supermax Bhd stock appears to be undervalued. The current stock price of $0.15 is trading 62.5% below its estimated GF Value™ of $0.40.

Key valuation signals for SPMXF:

  • Cyclically Adjusted PB Ratio: 0.29 (72% below median its 10-year median of 1.03)
  • GF Value™: $0.40 vs. price of $0.15 (62.5% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 83.9% below the Medical Devices & Instruments median (#44 of 524)

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


Supermax Bhd Business Description

Other Exchanges 7106:Malaysia
Address Lot 38, Putra Industrial Park, Bukit Rahman Putra, Sungai Buloh, SGR, MYS, 40160
Supermax Corp Bhd is an investment holding company. Along with its subsidiaries, the company operates as an international manufacturer, distributor, and marketer of high-quality medical gloves and contact lenses. It offers various types of latex gloves, which are exported to numerous countries. The company is organized into the following reportable operating segments: manufacturing of gloves, which generates the majority of revenue; investment holding; trading of gloves; and others. Geographically, it derives the majority of its revenue from Europe, with the remainder coming from Africa, Asia and Oceania, and North, Central, and South America.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.15
Price
$0.40
GF Value