YTL Bhd (TSE:1773) Cyclically Adjusted PB Ratio: 1.54 (As of Sep. 03, 2026) — 117% Above Median

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TSE:1773 YTL Corp Bhd TSE:1773
64 GF Score
Price 円91.00
GF Value 円81.85
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is YTL Bhd Cyclically Adjusted PB Ratio?

YTL Bhd TSE:1773 -3.19% 64 Cyclically Adjusted PB Ratio is 1.54 as of Sep. 03, 2026, which is 117% above its 10-year median of 0.71. GuruFocus rates TSE:1773 with a GF Score™ of 64/100 and a GF Value™ of 円81.85 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 424 Utilities - Regulated companies, YTL Bhd ranks worse than 53.77% on this metric.

As of today (2026-09-03), YTL Bhd's current share price is 円91.00. YTL Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円59.26. YTL Bhd's Cyclically Adjusted PB Ratio for today is 1.54.

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

TSE:1773' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.71   Max: 2.51
Current: 1.6

During the past years, YTL Bhd's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.36. And the median was 0.71.

TSE:1773's Cyclically Adjusted PB Ratio is ranked worse than
53.77% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs TSE:1773: 1.60

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.

YTL Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was 円62.324. 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 円59.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YTL Bhd  (TSE:1773) 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.


YTL Bhd Cyclically Adjusted PB Ratio Related Terms


YTL Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for YTL 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.

YTL Bhd Cyclically Adjusted PB Ratio Chart

YTL Bhd Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.69 2.27 1.52 1.31

YTL 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 1.52 1.82 1.34 1.10 1.31

TSE:1773 vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, YTL 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.


YTL Bhd Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, YTL Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:1773
64GF Score
YTL Corp Bhd TSE:1773
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YTL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.00/59.26
=1.54

* 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.

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

For example, YTL 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)
=62.324/333.9520*333.9520
=62.324

Current CPI (Jun. 2026) = 333.9520.

YTL Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.086 241.428 47.149
201612 34.673 241.432 47.960
201703 34.238 243.801 46.898
201706 34.574 244.955 47.135
201709 35.800 246.819 48.438
201712 35.577 246.524 48.194
201803 34.601 249.554 46.303
201806 35.042 251.989 46.440
201809 35.364 252.439 46.783
201812 33.186 251.233 44.113
201903 34.284 254.202 45.040
201906 31.546 256.143 41.129
201909 30.591 256.759 39.788
201912 31.409 256.974 40.818
202003 29.334 258.115 37.953
202006 28.506 257.797 36.927
202009 28.715 260.280 36.843
202012 29.477 260.474 37.792
202103 31.373 264.877 39.554
202106 31.073 271.696 38.193
202109 29.627 274.310 36.069
202112 29.111 278.802 34.869
202203 32.570 287.504 37.832
202206 36.358 296.311 40.977
202209 36.581 296.808 41.159
202212 35.053 296.797 39.441
202303 35.838 301.836 39.651
202306 40.281 305.109 44.089
202309 43.222 307.789 46.896
202312 42.877 306.746 46.680
202403 46.393 312.332 49.604
202406 50.015 314.175 53.163
202409 47.494 315.301 50.303
202412 50.137 315.605 53.052
202503 50.348 319.799 52.576
202506 51.637 322.561 53.461
202509 53.351 324.800 54.854
202512 55.756 324.054 57.459
202603 63.606 330.213 64.326
202606 62.324 333.952 62.324

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 1.54 mean?
YTL Bhd (TSE:1773) has a Cyclically Adjusted PB Ratio of 1.54 as of Sep. 03, 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 YTL Bhd and its competitors. This is 117% above median its historical median of 0.71. Over the past decade, YTL Bhd's Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.51. According to the industry distribution chart, YTL Bhd ranks #228 out of 424 companies in the Utilities - Regulated industry, placing it in the top 53.8%.
Is YTL Bhd's Cyclically Adjusted PB Ratio too high?
YTL Bhd's current Cyclically Adjusted PB Ratio of 1.54 is 117% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.51. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. YTL Bhd's value of 1.54 is 1.3% above this industry median. Based on the distribution chart, YTL Bhd ranks #228 out of 424 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, YTL Bhd has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YTL Bhd's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, YTL Bhd ranks #228 out of 424 companies for Cyclically Adjusted PB Ratio. This places YTL Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. YTL Bhd's value of 1.54 is 1.3% above this benchmark. Historically, YTL Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.51 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.52, YTL 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 424 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. YTL Bhd's current Cyclically Adjusted PB Ratio of 1.54 is 1.3% 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 YTL Bhd and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YTL Bhd's current Cyclically Adjusted PB Ratio is 1.54, which is 117% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YTL Bhd stock overvalued right now?
Based on GuruFocus' analysis, YTL Bhd (TSE:1773) is currently considered Modestly Overvalued. The stock's GF Value™ is 円81.85, compared to a current price of 円91.00 — trading 11.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.54, which is 117% above median its 10-year median of 0.71 and 1.3% above the Utilities - Regulated industry median of 1.52. YTL Bhd's overall GF Score™ is 64/100 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 YTL Bhd (TSE:1773), the current Cyclically Adjusted PB Ratio is 1.54 as of Sep. 03, 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 YTL Bhd (TSE:1773) Overvalued in 2026?

Based on GuruFocus' analysis, YTL Bhd stock appears to be overvalued. The current stock price of 円91.00 is trading 11.2% above its estimated GF Value™ of 円81.85. GuruFocus considers YTL Bhd to be Modestly Overvalued.

Key valuation signals for TSE:1773:

  • Cyclically Adjusted PB Ratio: 1.54 (117% above median its 10-year median of 0.71)
  • GF Value™: 円81.85 vs. price of 円91.00 (11.2% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 1.3% above the Utilities - Regulated median (#228 of 424)

No single metric tells the full story. See the TSE:1773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YTL Bhd Business Description

Other Exchanges YTLCF:USA4677:Malaysia
Address 205 Jalan Bukit Bintang, 33rd Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
YTL Corp Bhd is an integrated infrastructure developer with operations in Malaysia, Singapore, the United Kingdom, Australia, China, Finland, France, Indonesia, Japan, Jordan, the Netherlands, Thailand, the United Arab Emirates, and Vietnam. It is an investment holding and management company with segments including Utilities, Cement & Building Materials Industry, Property Investment & Development, Hotel Operations, and Management Services, construtions and others. The company generates majority of its revenue from the Utilities segment. Its geographic focus is Malaysia, the UK, Singapore, and other countries.
64GF Score

Get the complete analysis for TSE:1773

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

円91.00
Price
円81.85
GF Value