Aemulus Holdings Bhd (XKLS:0181) Cyclically Adjusted PB Ratio: 1.83 (As of Jul. 29, 2026) — 59% Above Median

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XKLS:0181 Aemulus Holdings Bhd XKLS:0181
49 GF Score
Price RM0.39
GF Value RM0.69
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Aemulus Holdings Bhd Cyclically Adjusted PB Ratio?

Aemulus Holdings Bhd XKLS:0181 +2.67% 49 Cyclically Adjusted PB Ratio is 1.83 as of Jul. 29, 2026, which is 59% above its 10-year median of 1.15. GuruFocus rates XKLS:0181 with a GF Score™ of 49/100 and a GF Value™ of RM0.69 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 733 Semiconductors companies, Aemulus Holdings Bhd ranks better than 66.17% on this metric.

As of today (2026-07-29), Aemulus Holdings Bhd's current share price is RM0.385. Aemulus Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.21. Aemulus Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.83.

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

XKLS:0181' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.15   Max: 1.85
Current: 1.85

During the past years, Aemulus Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.60. And the median was 1.15.

XKLS:0181's Cyclically Adjusted PB Ratio is ranked better than
66.17% of 733 companies
in the Semiconductors industry
Industry Median: 3.15 vs XKLS:0181: 1.85

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.

Aemulus Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.166. 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 RM0.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aemulus Holdings Bhd  (XKLS:0181) 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.


Aemulus Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Aemulus Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aemulus Holdings 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.

Aemulus Holdings Bhd Cyclically Adjusted PB Ratio Chart

Aemulus Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.24

Aemulus Holdings 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 1.11 1.40 1.24 0.88 0.74

XKLS:0181 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Aemulus Holdings 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.


Aemulus Holdings Bhd Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Aemulus Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0181
49GF Score
Aemulus Holdings Bhd XKLS:0181
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aemulus Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.385/0.21
=1.83

* 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.

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

For example, Aemulus Holdings 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)
=0.166/330.2130*330.2130
=0.166

Current CPI (Mar. 2026) = 330.2130.

Aemulus Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.123 241.018 0.169
201609 0.119 241.428 0.163
201612 0.121 241.432 0.165
201703 0.125 243.801 0.169
201706 0.129 244.955 0.174
201709 0.133 246.819 0.178
201712 0.135 246.524 0.181
201803 0.139 249.554 0.184
201806 0.142 251.989 0.186
201809 0.143 252.439 0.187
201812 0.143 251.233 0.188
201903 0.144 254.202 0.187
201906 0.142 256.143 0.183
201909 0.135 256.759 0.174
201912 0.131 256.974 0.168
202003 0.127 258.115 0.162
202006 0.127 257.797 0.163
202009 0.168 260.280 0.213
202012 0.188 260.474 0.238
202103 0.175 264.877 0.218
202106 0.179 271.696 0.218
202109 0.186 274.310 0.224
202112 0.290 278.802 0.343
202203 0.277 287.504 0.318
202206 0.280 296.311 0.312
202209 0.283 296.808 0.315
202212 0.289 296.797 0.322
202303 0.270 301.836 0.295
202306 0.259 305.109 0.280
202309 0.202 307.789 0.217
202312 0.197 306.746 0.212
202403 0.194 312.332 0.205
202406 0.189 314.175 0.199
202409 0.169 315.301 0.177
202412 0.171 315.605 0.179
202503 0.173 319.799 0.179
202506 0.172 322.561 0.176
202509 0.169 324.800 0.172
202512 0.168 324.054 0.171
202603 0.166 330.213 0.166

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 1.83 mean?
Aemulus Holdings Bhd (XKLS:0181) has a Cyclically Adjusted PB Ratio of 1.83 as of Jul. 29, 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 Aemulus Holdings Bhd and its competitors. This is 59% above median its historical median of 1.15. Over the past decade, Aemulus Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.85. According to the industry distribution chart, Aemulus Holdings Bhd ranks #248 out of 733 companies in the Semiconductors industry, placing it in the top 33.8%.
Is Aemulus Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Aemulus Holdings Bhd's current Cyclically Adjusted PB Ratio of 1.83 is 59% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.85. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.15. Aemulus Holdings Bhd's value of 1.83 is 41.9% below this industry median. Based on the distribution chart, Aemulus Holdings Bhd ranks #248 out of 733 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Aemulus Holdings Bhd has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aemulus Holdings Bhd's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Aemulus Holdings Bhd ranks #248 out of 733 companies for Cyclically Adjusted PB Ratio. This puts Aemulus Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.15. Aemulus Holdings Bhd's value of 1.83 is 41.9% below this benchmark. Historically, Aemulus Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.85 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 3.15, Aemulus Holdings 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.15, based on 733 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. Aemulus Holdings Bhd's current Cyclically Adjusted PB Ratio of 1.83 is 41.9% 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 Aemulus Holdings Bhd and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aemulus Holdings Bhd's current Cyclically Adjusted PB Ratio is 1.83, which is 59% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aemulus Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aemulus Holdings Bhd (XKLS:0181) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.69, compared to a current price of RM0.39 — trading 44.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.83, which is 59% above median its 10-year median of 1.15 and 41.9% below the Semiconductors industry median of 3.15. Aemulus Holdings Bhd's overall GF Score™ is 49/100 with 11 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 Aemulus Holdings Bhd (XKLS:0181), the current Cyclically Adjusted PB Ratio is 1.83 as of Jul. 29, 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 Aemulus Holdings Bhd (XKLS:0181) Overvalued in 2026?

Based on GuruFocus' analysis, Aemulus Holdings Bhd stock appears to be undervalued. The current stock price of RM0.39 is trading 44.2% below its estimated GF Value™ of RM0.69. GuruFocus considers Aemulus Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0181:

  • Cyclically Adjusted PB Ratio: 1.83 (59% above median its 10-year median of 1.15)
  • GF Value™: RM0.69 vs. price of RM0.39 (44.2% below fair value)
  • GF Score™: 49/100 with 11 warning signs
  • Industry Position: 41.9% below the Semiconductors median (#248 of 733)

No single metric tells the full story. See the XKLS:0181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aemulus Holdings Bhd Business Description

Address No. 25, Jalan Sultan Azlan Shah, Zon Perindustrian Bayan Lepas, Phase 1, Bayan Lepas, PNG, MYS, 11900
Aemulus Holdings Bhd is engaged in designing and assembling automated test equipment and test and measurement instruments and the provision of their related services and design consultancy services. It operates through the electronic tester segment. Its products include Amoeba 1831, Analog Amoeba 4200, Digital/Mixed Signal Amoeba 5600, and RF Amoeba 7600-S. Geographically, it derives a majority of its revenue from China.
49GF Score

Get the complete analysis for XKLS:0181

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

RM0.39
Price
RM0.69
GF Value