DRB-Hicom Bhd (XKLS:1619) Cyclically Adjusted PB Ratio: 0.20 (As of Aug. 01, 2026) — 33% Below 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:1619 DRB-Hicom Bhd XKLS:1619
78 GF Score
Price RM0.98
GF Value RM1.30
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is DRB-Hicom Bhd Cyclically Adjusted PB Ratio?

DRB-Hicom Bhd XKLS:1619 78 Cyclically Adjusted PB Ratio is 0.20 as of Aug. 01, 2026, which is 33% below its 10-year median of 0.30. GuruFocus rates XKLS:1619 with a GF Score™ of 78/100 and a GF Value™ of RM1.30 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,024 Vehicles & Parts companies, DRB-Hicom Bhd ranks better than 95.51% on this metric.

As of today (2026-08-01), DRB-Hicom Bhd's current share price is RM0.98. DRB-Hicom Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM4.79. DRB-Hicom Bhd's Cyclically Adjusted PB Ratio for today is 0.20.

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

XKLS:1619' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.3   Max: 0.62
Current: 0.2

During the past years, DRB-Hicom Bhd's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.13. And the median was 0.30.

XKLS:1619's Cyclically Adjusted PB Ratio is ranked better than
95.51% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs XKLS:1619: 0.20

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.

DRB-Hicom Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM4.479. 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 RM4.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DRB-Hicom Bhd  (XKLS:1619) 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.


DRB-Hicom Bhd Cyclically Adjusted PB Ratio Related Terms


DRB-Hicom Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DRB-Hicom 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.

DRB-Hicom Bhd Cyclically Adjusted PB Ratio Chart

DRB-Hicom Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.35 0.29 0.23 0.22

DRB-Hicom 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 0.14 0.15 0.24 0.22 0.23

XKLS:1619 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, DRB-Hicom 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.


DRB-Hicom Bhd Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, DRB-Hicom Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DRB-Hicom Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:1619
78GF Score
DRB-Hicom Bhd XKLS:1619
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DRB-Hicom 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.

DRB-Hicom Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.98/4.79
=0.20

* 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.

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

For example, DRB-Hicom 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)
=4.479/330.2130*330.2130
=4.479

Current CPI (Mar. 2026) = 330.2130.

DRB-Hicom Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.826 241.018 5.242
201609 3.706 241.428 5.069
201612 3.831 241.432 5.240
201703 3.653 243.801 4.948
201706 3.587 244.955 4.835
201709 4.083 246.819 5.463
201712 4.039 246.524 5.410
201803 3.960 249.554 5.240
201806 3.930 251.989 5.150
201809 3.915 252.439 5.121
201812 3.941 251.233 5.180
201903 4.015 254.202 5.216
201906 4.036 256.143 5.203
201909 4.039 256.759 5.194
201912 3.941 256.974 5.064
202003 3.869 258.115 4.950
202006 3.570 257.797 4.573
202009 3.539 260.280 4.490
202012 4.072 260.474 5.162
202103 4.060 264.877 5.061
202106 3.925 271.696 4.770
202109 3.829 274.310 4.609
202112 3.726 278.802 4.413
202203 3.710 287.504 4.261
202206 3.765 296.311 4.196
202209 4.015 296.808 4.467
202212 3.993 296.797 4.443
202303 4.056 301.836 4.437
202306 4.055 305.109 4.389
202309 4.316 307.789 4.630
202312 4.401 306.746 4.738
202403 4.440 312.332 4.694
202406 4.326 314.175 4.547
202409 4.318 315.301 4.522
202412 4.297 315.605 4.496
202503 4.275 319.799 4.414
202506 4.345 322.561 4.448
202509 4.324 324.800 4.396
202512 4.507 324.054 4.593
202603 4.479 330.213 4.479

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 0.20 mean?
DRB-Hicom Bhd (XKLS:1619) has a Cyclically Adjusted PB Ratio of 0.20 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 DRB-Hicom Bhd and its competitors. This is 33% below median its historical median of 0.30. Over the past decade, DRB-Hicom Bhd's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.62. According to the industry distribution chart, DRB-Hicom Bhd ranks #46 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 4.5%.
Is DRB-Hicom Bhd's Cyclically Adjusted PB Ratio too high?
DRB-Hicom Bhd's current Cyclically Adjusted PB Ratio of 0.20 is 33% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.62. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. DRB-Hicom Bhd's value of 0.20 is 84.2% below this industry median. Based on the distribution chart, DRB-Hicom Bhd ranks #46 out of 1024 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, DRB-Hicom Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DRB-Hicom Bhd's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, DRB-Hicom Bhd ranks #46 out of 1024 companies for Cyclically Adjusted PB Ratio. This places DRB-Hicom Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. DRB-Hicom Bhd's value of 0.20 is 84.2% below this benchmark. Historically, DRB-Hicom Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.62 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.27, DRB-Hicom 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 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. DRB-Hicom Bhd's current Cyclically Adjusted PB Ratio of 0.20 is 84.2% 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 DRB-Hicom Bhd and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DRB-Hicom Bhd's current Cyclically Adjusted PB Ratio is 0.20, which is 33% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRB-Hicom Bhd stock overvalued right now?
Based on GuruFocus' analysis, DRB-Hicom Bhd (XKLS:1619) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.30, compared to a current price of RM0.98 — trading 24.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is 33% below median its 10-year median of 0.30 and 84.2% below the Vehicles & Parts industry median of 1.27. DRB-Hicom Bhd's overall GF Score™ is 78/100 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 DRB-Hicom Bhd (XKLS:1619), the current Cyclically Adjusted PB Ratio is 0.20 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 DRB-Hicom Bhd (XKLS:1619) Overvalued in 2026?

Based on GuruFocus' analysis, DRB-Hicom Bhd stock appears to be undervalued. The current stock price of RM0.98 is trading 24.6% below its estimated GF Value™ of RM1.30. GuruFocus considers DRB-Hicom Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:1619:

  • Cyclically Adjusted PB Ratio: 0.20 (33% below median its 10-year median of 0.30)
  • GF Value™: RM1.30 vs. price of RM0.98 (24.6% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 84.2% below the Vehicles & Parts median (#46 of 1024)

No single metric tells the full story. See the XKLS:1619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DRB-Hicom Bhd Business Description

Address No. 2, Jalan Usahawan U1/8, Level 5, Wisma DRB-HICOM, Seksyen U1, Shah Alam, SGR, MYS, 40150
DRB-Hicom Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments: Automotive, Aerospace and Defence, Postal, Banking, Services, and Properties. It generates maximum revenue from the Automotive segment, which is engaged in manufacturing, assembly, vehicle importation, pre-delivery inspection, vehicle leasing, distribution and sale of motor vehicles, motorcycles, and related spare parts and services. Geographically, the company generates a majority of its revenue from its operations within Malaysia, and also has a presence in other markets.
78GF Score

Get the complete analysis for XKLS:1619

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

RM0.98
Price
RM1.30
GF Value