Carlo Rino Group Bhd (XKLS:0335) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 29, 2026) — 33% Below Median

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XKLS:0335 Carlo Rino Group Bhd XKLS:0335
58 GF Score
Price RM0.20
GF Value RM0.27
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Carlo Rino Group Bhd Cyclically Adjusted PB Ratio?

Carlo Rino Group Bhd XKLS:0335 58 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 29, 2026, which is 33% below its 10-year median of 1.16. GuruFocus rates XKLS:0335 with a GF Score™ of 58/100 and a GF Value™ of RM0.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 872 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 57.34% on this metric.

As of today (2026-07-29), Carlo Rino Group Bhd's current share price is RM0.195. Carlo Rino Group Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was RM0.25. Carlo Rino Group Bhd's Cyclically Adjusted PB Ratio for today is 0.78.

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

XKLS:0335' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.16   Max: 1.2
Current: 0.81

During the past 10 years, Carlo Rino Group Bhd's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.81. And the median was 1.16.

XKLS:0335's Cyclically Adjusted PB Ratio is ranked better than
57.34% of 872 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs XKLS:0335: 0.81

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.

Carlo Rino Group Bhd's adjusted book value per share data of for the fiscal year that ended in Jun25 was RM0.326. 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 RM0.25 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlo Rino Group Bhd  (XKLS:0335) 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.


Carlo Rino Group Bhd Cyclically Adjusted PB Ratio Related Terms


Carlo Rino Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Carlo Rino Group 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.

Carlo Rino Group Bhd Cyclically Adjusted PB Ratio Chart

Carlo Rino Group Bhd Annual Data
Trend Jun16 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 0.00 0.00 0.00 0.00 1.26

Carlo Rino Group Bhd Quarterly Data
Mar18 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.00 1.26 0.00 0.00 0.00

XKLS:0335 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Carlo Rino Group 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.


Carlo Rino Group Bhd Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0335
58GF Score
Carlo Rino Group Bhd XKLS:0335
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlo Rino Group 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.

Carlo Rino Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.195/0.25
=0.78

* 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.

Carlo Rino Group Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Carlo Rino Group Bhd's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.326/322.5610*322.5610
=0.326

Current CPI (Jun25) = 322.5610.

Carlo Rino Group Bhd Annual Data

Book Value per Share CPI Adj_Book
201606 0.161 241.018 0.215
201706 0.167 244.955 0.220
201806 0.000 251.989 0.000
201906 0.181 256.143 0.228
202006 0.179 257.797 0.224
202106 0.179 271.696 0.213
202206 0.224 296.311 0.244
202306 0.249 305.109 0.263
202406 0.277 314.175 0.284
202506 0.326 322.561 0.326

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 0.78 mean?
Carlo Rino Group Bhd (XKLS:0335) has a Cyclically Adjusted PB Ratio of 0.78 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 Carlo Rino Group Bhd and its competitors. This is 33% below median its historical median of 1.16. Over the past decade, Carlo Rino Group Bhd's Cyclically Adjusted PB Ratio has ranged from 0.81 to 1.20. According to the industry distribution chart, Carlo Rino Group Bhd ranks #372 out of 872 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.7%.
Is Carlo Rino Group Bhd's Cyclically Adjusted PB Ratio too high?
Carlo Rino Group Bhd's current Cyclically Adjusted PB Ratio of 0.78 is 33% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.20. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Carlo Rino Group Bhd's value of 0.78 is 20.4% below this industry median. Based on the distribution chart, Carlo Rino Group Bhd ranks #372 out of 872 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Carlo Rino Group Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #372 out of 872 companies for Cyclically Adjusted PB Ratio. This puts Carlo Rino Group Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Carlo Rino Group Bhd's value of 0.78 is 20.4% below this benchmark. Historically, Carlo Rino Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 1.20 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.98, Carlo Rino Group 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 872 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. Carlo Rino Group Bhd's current Cyclically Adjusted PB Ratio of 0.78 is 20.4% 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Rino Group Bhd's current Cyclically Adjusted PB Ratio is 0.78, which is 33% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.20 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 33% below median its 10-year median of 1.16 and 20.4% below the Manufacturing - Apparel & Accessories industry median of 0.98. Carlo Rino Group Bhd's overall GF Score™ is 58/100 with 4 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 Carlo Rino Group Bhd (XKLS:0335), the current Cyclically Adjusted PB Ratio is 0.78 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?

Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 27.8% below its estimated GF Value™ of RM0.27. GuruFocus considers Carlo Rino Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0335:

  • Cyclically Adjusted PB Ratio: 0.78 (33% below median its 10-year median of 1.16)
  • GF Value™: RM0.27 vs. price of RM0.20 (27.8% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 20.4% below the Manufacturing - Apparel & Accessories median (#372 of 872)

No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlo Rino Group Bhd Business Description

Address Jalan Cerdas, No. 160, L2-05, 2nd Floor, Ikon Connaught, Taman Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
58GF Score

Get the complete analysis for XKLS:0335

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

RM0.20
Price
RM0.27
GF Value