Malayan Banking Bhd (XKLS:1155) Cyclically Adjusted PB Ratio: 1.27 (As of Aug. 01, 2026) — Near Median

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XKLS:1155 Malayan Banking Bhd XKLS:1155
61 GF Score
Price RM10.90
GF Value RM10.56
Valuation Fairly Valued
! 7 Warning Signs
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What is Malayan Banking Bhd Cyclically Adjusted PB Ratio?

Malayan Banking Bhd XKLS:1155 +0.18% 61 Cyclically Adjusted PB Ratio is 1.27 as of Aug. 01, 2026, which is 6% above its 10-year median of 1.20. GuruFocus rates XKLS:1155 with a GF Score™ of 61/100 and a GF Value™ of RM10.56 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,288 Banks companies, Malayan Banking Bhd ranks better than 50.54% on this metric.

As of today (2026-08-01), Malayan Banking Bhd's current share price is RM10.90. Malayan Banking Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM8.58. Malayan Banking Bhd's Cyclically Adjusted PB Ratio for today is 1.27.

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

XKLS:1155' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.2   Max: 1.47
Current: 1.26

During the past years, Malayan Banking Bhd's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 1.09. And the median was 1.20.

XKLS:1155's Cyclically Adjusted PB Ratio is ranked better than
50.54% of 1288 companies
in the Banks industry
Industry Median: 1.26 vs XKLS:1155: 1.26

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.

Malayan Banking Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM7.478. 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 RM8.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malayan Banking Bhd  (XKLS:1155) 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.


Malayan Banking Bhd Cyclically Adjusted PB Ratio Related Terms


Malayan Banking Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Malayan Banking 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.

Malayan Banking Bhd Cyclically Adjusted PB Ratio Chart

Malayan Banking 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 1.17 1.13 1.11 1.23 1.24

Malayan Banking 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 1.21 1.15 1.17 1.24 1.32

Malayan Banking Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Malayan Banking 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.


Malayan Banking Bhd Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Malayan Banking Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:1155
61GF Score
Malayan Banking Bhd XKLS:1155
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malayan Banking 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.90/8.58
=1.27

* 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.

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

For example, Malayan Banking 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)
=7.478/330.2130*330.2130
=7.478

Current CPI (Mar. 2026) = 330.2130.

Malayan Banking Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.494 241.018 8.897
201609 6.447 241.428 8.818
201612 6.722 241.432 9.194
201703 6.923 243.801 9.377
201706 6.755 244.955 9.106
201709 6.805 246.819 9.104
201712 6.769 246.524 9.067
201803 6.716 249.554 8.887
201806 6.580 251.989 8.623
201809 6.658 252.439 8.709
201812 6.817 251.233 8.960
201903 6.957 254.202 9.037
201906 7.066 256.143 9.109
201909 7.054 256.759 9.072
201912 7.256 256.974 9.324
202003 6.937 258.115 8.875
202006 7.302 257.797 9.353
202009 7.409 260.280 9.400
202012 7.511 260.474 9.522
202103 7.344 264.877 9.156
202106 7.202 271.696 8.753
202109 7.174 274.310 8.636
202112 7.224 278.802 8.556
202203 7.002 287.504 8.042
202206 7.076 296.311 7.886
202209 7.038 296.808 7.830
202212 7.113 296.797 7.914
202303 7.124 301.836 7.794
202306 7.488 305.109 8.104
202309 7.551 307.789 8.101
202312 7.847 306.746 8.447
202403 7.771 312.332 8.216
202406 7.884 314.175 8.286
202409 7.510 315.301 7.865
202412 7.788 315.605 8.148
202503 7.650 319.799 7.899
202506 7.795 322.561 7.980
202509 7.671 324.800 7.799
202512 7.735 324.054 7.882
202603 7.478 330.213 7.478

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 1.27 mean?
Malayan Banking Bhd (XKLS:1155) has a Cyclically Adjusted PB Ratio of 1.27 as of Aug. 01, 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 Malayan Banking Bhd and its competitors. This is near median its historical median of 1.20. Over the past decade, Malayan Banking Bhd's Cyclically Adjusted PB Ratio has ranged from 1.09 to 1.47. According to the industry distribution chart, Malayan Banking Bhd ranks #637 out of 1288 companies in the Banks industry, placing it in the top 49.5%.
Is Malayan Banking Bhd's Cyclically Adjusted PB Ratio too high?
Malayan Banking Bhd's current Cyclically Adjusted PB Ratio of 1.27 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.47. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Malayan Banking Bhd's value of 1.27 is 0.8% above this industry median. Based on the distribution chart, Malayan Banking Bhd ranks #637 out of 1288 companies in the Banks industry, which is above the industry midpoint. Overall, Malayan Banking Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Malayan Banking Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Malayan Banking Bhd ranks #637 out of 1288 companies for Cyclically Adjusted PB Ratio. This puts Malayan Banking Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Malayan Banking Bhd's value of 1.27 is 0.8% above this benchmark. Historically, Malayan Banking Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 1.47 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.26, Malayan Banking 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 a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.26, based on 1,288 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. Malayan Banking Bhd's current Cyclically Adjusted PB Ratio of 1.27 is 0.8% 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 Malayan Banking Bhd and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malayan Banking Bhd's current Cyclically Adjusted PB Ratio is 1.27, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Banking Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Banking Bhd (XKLS:1155) is currently considered Fairly Valued. The stock's GF Value™ is RM10.56, compared to a current price of RM10.90 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.27, which is near median its 10-year median of 1.20 and 0.8% above the Banks industry median of 1.26. Malayan Banking Bhd's overall GF Score™ is 61/100 with 7 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 Malayan Banking Bhd (XKLS:1155), the current Cyclically Adjusted PB Ratio is 1.27 as of Aug. 01, 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 Malayan Banking Bhd (XKLS:1155) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Banking Bhd stock appears to be overvalued. The current stock price of RM10.90 is trading 3.2% above its estimated GF Value™ of RM10.56. GuruFocus considers Malayan Banking Bhd to be Fairly Valued.

Key valuation signals for XKLS:1155:

  • Cyclically Adjusted PB Ratio: 1.27 (near median its 10-year median of 1.20)
  • GF Value™: RM10.56 vs. price of RM10.90 (3.2% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 0.8% above the Banks median (#637 of 1288)

No single metric tells the full story. See the XKLS:1155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Banking Bhd Business Description

Other Exchanges MLYNF:USAMLYBY:USA
Address 100, Jalan Tun Perak, 14th Floor, Menara Maybank, Kuala Lumpur, SGR, MYS, 50050
Malayan Banking Bhd is engaged in the businesses of banking and finance, Islamic banking, investment banking, including stockbroking, underwriting of general and life insurance, general and family takaful, trustee and nominee services, and asset management. The company's segment includes Group Community Financial Services, Group Corporate Banking and Global Markets; Group Investment Banking; Group Asset Management; Group Insurance and Takaful; Head Office and Others. It generates maximum revenue from the Group Community Financial Services segment. The Group has operations in Malaysia, Singapore, Indonesia, the Philippines, Brunei, People's Republic of China, Hong Kong SAR, Vietnam, the United Kingdom, the United States of America, Cambodia, Laos, Myanmar, and Thailand.
61GF Score

Get the complete analysis for XKLS:1155

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

RM10.90
Price
RM10.56
GF Value