IOI Bhd (XKLS:1961) Cyclically Adjusted PB Ratio: 2.42 (As of Aug. 06, 2026) — Near Median

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XKLS:1961 IOI Corp Bhd XKLS:1961
81 GF Score
Price RM4.55
GF Value RM4.13
Valuation Fairly Valued
! 5 Warning Signs
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What is IOI Bhd Cyclically Adjusted PB Ratio?

IOI Bhd XKLS:1961 +2.71% 81 Cyclically Adjusted PB Ratio is 2.42 as of Aug. 06, 2026, which is 1% below its 10-year median of 2.44. GuruFocus rates XKLS:1961 with a GF Score™ of 81/100 and a GF Value™ of RM4.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,421 Consumer Packaged Goods companies, IOI Bhd ranks worse than 73.05% on this metric.

As of today (2026-08-06), IOI Bhd's current share price is RM4.55. IOI Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.88. IOI Bhd's Cyclically Adjusted PB Ratio for today is 2.42.

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

XKLS:1961' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 2.44   Max: 3.07
Current: 2.35

During the past years, IOI Bhd's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 2.04. And the median was 2.44.

XKLS:1961's Cyclically Adjusted PB Ratio is ranked worse than
73.05% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs XKLS:1961: 2.35

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.

IOI Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM2.045. 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 RM1.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IOI Bhd  (XKLS:1961) 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.


IOI Bhd Cyclically Adjusted PB Ratio Related Terms


IOI Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IOI 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.

IOI Bhd Cyclically Adjusted PB Ratio Chart

IOI 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 2.41 2.36 2.35 2.24 2.12

IOI 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 2.10 2.12 2.19 2.19 2.24

XKLS:1961 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, IOI 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.


IOI Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:1961
81GF Score
IOI Corp Bhd XKLS:1961
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IOI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.55/1.88
=2.42

* 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.

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

For example, IOI 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)
=2.045/330.2130*330.2130
=2.045

Current CPI (Mar. 2026) = 330.2130.

IOI Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.135 241.018 1.555
201609 1.119 241.428 1.531
201612 1.139 241.432 1.558
201703 1.143 243.801 1.548
201706 1.187 244.955 1.600
201709 1.181 246.819 1.580
201712 1.271 246.524 1.702
201803 1.451 249.554 1.920
201806 1.457 251.989 1.909
201809 1.427 252.439 1.867
201812 1.460 251.233 1.919
201903 1.467 254.202 1.906
201906 1.480 256.143 1.908
201909 1.508 256.759 1.939
201912 1.483 256.974 1.906
202003 1.422 258.115 1.819
202006 1.483 257.797 1.900
202009 1.471 260.280 1.866
202012 1.530 260.474 1.940
202103 1.546 264.877 1.927
202106 1.601 271.696 1.946
202109 1.589 274.310 1.913
202112 1.664 278.802 1.971
202203 1.673 287.504 1.922
202206 1.761 296.311 1.962
202209 1.718 296.808 1.911
202212 1.807 296.797 2.010
202303 1.790 301.836 1.958
202306 1.826 305.109 1.976
202309 1.806 307.789 1.938
202312 1.861 306.746 2.003
202403 1.840 312.332 1.945
202406 1.883 314.175 1.979
202409 1.905 315.301 1.995
202412 1.936 315.605 2.026
202503 1.921 319.799 1.984
202506 1.963 322.561 2.010
202509 1.958 324.800 1.991
202512 2.064 324.054 2.103
202603 2.045 330.213 2.045

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 2.42 mean?
IOI Bhd (XKLS:1961) has a Cyclically Adjusted PB Ratio of 2.42 as of Aug. 06, 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 IOI Bhd and its competitors. This is near median its historical median of 2.44. Over the past decade, IOI Bhd's Cyclically Adjusted PB Ratio has ranged from 2.04 to 3.07. According to the industry distribution chart, IOI Bhd ranks #1038 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 73%.
Is IOI Bhd's Cyclically Adjusted PB Ratio too high?
IOI Bhd's current Cyclically Adjusted PB Ratio of 2.42 is near median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 3.07. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. IOI Bhd's value of 2.42 is 93.6% above this industry median. Based on the distribution chart, IOI Bhd ranks #1038 out of 1421 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, IOI Bhd has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IOI Bhd's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, IOI Bhd ranks #1038 out of 1421 companies for Cyclically Adjusted PB Ratio. This places IOI Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. IOI Bhd's value of 2.42 is 93.6% above this benchmark. Historically, IOI Bhd's own Cyclically Adjusted PB Ratio has ranged from 2.04 to 3.07 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.25, IOI 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,421 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. IOI Bhd's current Cyclically Adjusted PB Ratio of 2.42 is 93.6% 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 IOI Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOI Bhd's current Cyclically Adjusted PB Ratio is 2.42, which is near median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOI Bhd stock overvalued right now?
Based on GuruFocus' analysis, IOI Bhd (XKLS:1961) is currently considered Fairly Valued. The stock's GF Value™ is RM4.13, compared to a current price of RM4.55 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is near median its 10-year median of 2.44 and 93.6% above the Consumer Packaged Goods industry median of 1.25. IOI Bhd's overall GF Score™ is 81/100 with 5 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 IOI Bhd (XKLS:1961), the current Cyclically Adjusted PB Ratio is 2.42 as of Aug. 06, 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 IOI Bhd (XKLS:1961) Overvalued in 2026?

Based on GuruFocus' analysis, IOI Bhd stock appears to be overvalued. The current stock price of RM4.55 is trading 10.2% above its estimated GF Value™ of RM4.13. GuruFocus considers IOI Bhd to be Fairly Valued.

Key valuation signals for XKLS:1961:

  • Cyclically Adjusted PB Ratio: 2.42 (near median its 10-year median of 2.44)
  • GF Value™: RM4.13 vs. price of RM4.55 (10.2% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 93.6% above the Consumer Packaged Goods median (#1038 of 1421)

No single metric tells the full story. See the XKLS:1961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IOI Bhd Business Description

Address Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, MYS, 62502
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported to many different customers, including some multinational corporations. The Group has two (2) reportable operating segments: Plantation, Resource-based manufacturing.
81GF Score

Get the complete analysis for XKLS:1961

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

RM4.55
Price
RM4.13
GF Value