Three-A Resources Bhd (XKLS:0012) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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XKLS:0012 Three-A Resources Bhd XKLS:0012
53 GF Score
Price RM0.75
GF Value RM0.67
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Three-A Resources Bhd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Three-A Resources Bhd  (XKLS:0012) 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.


Three-A Resources Bhd Cyclically Adjusted PB Ratio Related Terms


Three-A Resources Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Three-A 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.

Three-A Resources Bhd Cyclically Adjusted PB Ratio Chart

Three-A Resources 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 1.51 1.33 1.04 0.97 0.77

Three-A Resources 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 0.83 0.81 0.78 0.73 0.72

XKLS:0012 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Three-A 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.


Three-A Resources Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three-A Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0012
53GF Score
Three-A Resources Bhd XKLS:0012
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Three-A 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.

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

For example, Three-A Resources 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)
=1.074/333.9520*333.9520
=1.074

Current CPI (Jun. 2026) = 333.9520.

Three-A Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.555 241.428 0.768
201612 0.568 241.432 0.786
201703 0.589 243.801 0.807
201706 0.607 244.955 0.828
201709 0.624 246.819 0.844
201712 0.629 246.524 0.852
201803 0.641 249.554 0.858
201806 0.652 251.989 0.864
201809 0.669 252.439 0.885
201812 0.668 251.233 0.888
201903 0.683 254.202 0.897
201906 0.696 256.143 0.907
201909 0.707 256.759 0.920
201912 0.708 256.974 0.920
202003 0.726 258.115 0.939
202006 0.740 257.797 0.959
202009 0.752 260.280 0.965
202012 0.748 260.474 0.959
202103 0.775 264.877 0.977
202106 0.801 271.696 0.985
202109 0.825 274.310 1.004
202112 0.812 278.802 0.973
202203 0.839 287.504 0.975
202206 0.858 296.311 0.967
202209 0.875 296.808 0.985
202212 0.859 296.797 0.967
202303 0.868 301.836 0.960
202306 0.892 305.109 0.976
202309 0.923 307.789 1.001
202312 0.921 306.746 1.003
202403 0.947 312.332 1.013
202406 0.962 314.175 1.023
202409 0.963 315.301 1.020
202412 0.983 315.605 1.040
202503 1.004 319.799 1.048
202506 1.011 322.561 1.047
202509 1.021 324.800 1.050
202512 1.032 324.054 1.064
202603 1.056 330.213 1.068
202606 1.074 333.952 1.074

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.

Is Three-A Resources Bhd (XKLS:0012) Overvalued in 2026?

Based on GuruFocus' analysis, Three-A Resources Bhd stock appears to be overvalued. The current stock price of RM0.75 is trading 11.9% above its estimated GF Value™ of RM0.67. GuruFocus considers Three-A Resources Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0012:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM0.67 vs. price of RM0.75 (11.9% above fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the XKLS:0012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Three-A Resources Bhd Business Description

Address Jalan Industri U19, AL 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160
Three-A Resources Bhd is an investment holding company. Through its subsidiaries, it engages in food and beverage ingredients manufacturing. Its product portfolio includes Liquid Caramel, Caramel Colour, Fermented Vinegar, Distilled Vinegar, Rice Vinegar, Glucose Syrup, High Maltose Syrup, Liquid Maltodextrin, Soya Protein Sauce, Hydrolysed Vegetable Protein Sauce, Caramel Powder, Maltodextrin, and Golden Syrup. The group is focused only on manufacturing and sale of food and beverage ingredients in Malaysia. The company generates majority of its revenue from Malaysia followed by Singapore and Other foreign countries.
53GF Score

Get the complete analysis for XKLS:0012

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

RM0.75
Price
RM0.67
GF Value