Pineapple Resources Bhd (XKLS:0006) Cyclically Adjusted PB Ratio: 1.63 (As of Aug. 04, 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0006 Pineapple Resources Bhd XKLS:0006
25 GF Score
Price RM0.88
GF Value RM0.55
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Pineapple Resources Bhd Cyclically Adjusted PB Ratio?

Pineapple Resources Bhd XKLS:0006 -2.22% 25 Cyclically Adjusted PB Ratio is 1.63 as of Aug. 04, 2026, which is 20% above its 10-year median of 1.36. GuruFocus rates XKLS:0006 with a GF Score™ of 25/100 and a GF Value™ of RM0.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,972 Hardware companies, Pineapple Resources Bhd ranks better than 56.09% on this metric.

As of today (2026-08-04), Pineapple Resources Bhd's current share price is RM0.88. Pineapple Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.54. Pineapple Resources Bhd's Cyclically Adjusted PB Ratio for today is 1.63.

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

XKLS:0006' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.36   Max: 2.15
Current: 1.62

During the past years, Pineapple Resources Bhd's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.50. And the median was 1.36.

XKLS:0006's Cyclically Adjusted PB Ratio is ranked better than
56.09% of 1972 companies
in the Hardware industry
Industry Median: 2 vs XKLS:0006: 1.62

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.

Pineapple Resources Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.235. 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 RM0.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pineapple Resources Bhd  (XKLS:0006) 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.


Pineapple Resources Bhd Cyclically Adjusted PB Ratio Related Terms


Pineapple Resources Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pineapple Resources 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.

Pineapple Resources Bhd Cyclically Adjusted PB Ratio Chart

Pineapple Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.62 1.35 1.29 1.10

Pineapple Resources 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 1.07 1.10 1.17 1.31 1.45

XKLS:0006 vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Pineapple Resources 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.


Pineapple Resources Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Pineapple Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0006
25GF Score
Pineapple Resources Bhd XKLS:0006
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pineapple Resources 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.88/0.54
=1.63

* 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.

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

For example, Pineapple Resources 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)
=0.235/330.2130*330.2130
=0.235

Current CPI (Mar. 2026) = 330.2130.

Pineapple Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.539 236.525 0.752
201603 0.533 238.132 0.739
201606 0.533 241.018 0.730
201609 0.531 241.428 0.726
201612 0.531 241.432 0.726
201703 0.534 243.801 0.723
201706 0.535 244.955 0.721
201709 0.536 246.819 0.717
201712 0.539 246.524 0.722
201803 0.539 249.554 0.713
201806 0.536 251.989 0.702
201809 0.537 252.439 0.702
201812 0.539 251.233 0.708
201903 0.536 254.202 0.696
201906 0.525 256.143 0.677
201909 0.505 256.759 0.649
202003 0.478 258.115 0.612
202009 0.456 260.280 0.579
202012 0.456 260.474 0.578
202103 0.461 264.877 0.575
202106 0.453 271.696 0.551
202109 0.458 274.310 0.551
202112 0.461 278.802 0.546
202203 0.445 287.504 0.511
202206 0.435 296.311 0.485
202209 0.424 296.808 0.472
202212 0.416 296.797 0.463
202303 0.393 301.836 0.430
202306 0.378 305.109 0.409
202309 0.374 307.789 0.401
202312 0.361 306.746 0.389
202403 0.341 312.332 0.361
202406 0.319 314.175 0.335
202409 0.313 315.301 0.328
202412 0.306 315.605 0.320
202503 0.293 319.799 0.303
202506 0.282 322.561 0.289
202509 0.277 324.800 0.282
202512 0.258 324.054 0.263
202603 0.235 330.213 0.235

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 1.63 mean?
Pineapple Resources Bhd (XKLS:0006) has a Cyclically Adjusted PB Ratio of 1.63 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 Pineapple Resources Bhd and its competitors. This is 20% above median its historical median of 1.36. Over the past decade, Pineapple Resources Bhd's Cyclically Adjusted PB Ratio has ranged from 0.50 to 2.15. According to the industry distribution chart, Pineapple Resources Bhd ranks #866 out of 1972 companies in the Hardware industry, placing it in the top 43.9%.
Is Pineapple Resources Bhd's Cyclically Adjusted PB Ratio too high?
Pineapple Resources Bhd's current Cyclically Adjusted PB Ratio of 1.63 is 20% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.15. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Pineapple Resources Bhd's value of 1.63 is 18.5% below this industry median. Based on the distribution chart, Pineapple Resources Bhd ranks #866 out of 1972 companies in the Hardware industry, which is above the industry midpoint. Overall, Pineapple Resources Bhd has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pineapple Resources Bhd's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Pineapple Resources Bhd ranks #866 out of 1972 companies for Cyclically Adjusted PB Ratio. This puts Pineapple Resources Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Pineapple Resources Bhd's value of 1.63 is 18.5% below this benchmark. Historically, Pineapple Resources Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 2.15 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 2.00, Pineapple Resources 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,972 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. Pineapple Resources Bhd's current Cyclically Adjusted PB Ratio of 1.63 is 18.5% 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 Pineapple Resources Bhd and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Resources Bhd's current Cyclically Adjusted PB Ratio is 1.63, which is 20% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pineapple Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Pineapple Resources Bhd (XKLS:0006) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.55, compared to a current price of RM0.88 — trading 60% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.63, which is 20% above median its 10-year median of 1.36 and 18.5% below the Hardware industry median of 2.00. Pineapple Resources Bhd's overall GF Score™ is 25/100 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 Pineapple Resources Bhd (XKLS:0006), the current Cyclically Adjusted PB Ratio is 1.63 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 Pineapple Resources Bhd (XKLS:0006) Overvalued in 2026?

Based on GuruFocus' analysis, Pineapple Resources Bhd stock appears to be overvalued. The current stock price of RM0.88 is trading 60% above its estimated GF Value™ of RM0.55. GuruFocus considers Pineapple Resources Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0006:

  • Cyclically Adjusted PB Ratio: 1.63 (20% above median its 10-year median of 1.36)
  • GF Value™: RM0.55 vs. price of RM0.88 (60% above fair value)
  • GF Score™: 25/100 with 5 warning signs
  • Industry Position: 18.5% below the Hardware median (#866 of 1972)

No single metric tells the full story. See the XKLS:0006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pineapple Resources Bhd Business Description

Address 3 1/2 Miles, Jalan 1/89B, Off Jalan Sungai Besi, Lot 50A, Wilayah Persekutuan, Wisma Lim Kim Chuan, Kuala Lumpur, SGR, MYS, 57100
Pineapple Resources Bhd is a Malaysia-based company engaged in the distribution and reselling of computer products, including notebooks, peripherals, printers, printing consumables. It operates in two segments. The Information technology-related products segment that derives a majority of revenue involves in retailing and distribution of computer hardware, software, peripherals and accessories, and printing consumables. The restaurant operations segment involves operating restaurants that serve food and beverages.
25GF Score

Get the complete analysis for XKLS:0006

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

RM0.88
Price
RM0.55
GF Value