Negri Sembilan Oil Palms Bhd (XKLS:2038) Cyclically Adjusted PB Ratio: 0.55 (As of Jul. 30, 2026) — 31% Above Median

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XKLS:2038 Negri Sembilan Oil Palms Bhd XKLS:2038
78 GF Score
Price RM5.42
GF Value RM6.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Negri Sembilan Oil Palms Bhd Cyclically Adjusted PB Ratio?

Negri Sembilan Oil Palms Bhd XKLS:2038 +0.93% 78 Cyclically Adjusted PB Ratio is 0.55 as of Jul. 30, 2026, which is 31% above its 10-year median of 0.42. GuruFocus rates XKLS:2038 with a GF Score™ of 78/100 and a GF Value™ of RM6.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,432 Consumer Packaged Goods companies, Negri Sembilan Oil Palms Bhd ranks better than 79.96% on this metric.

As of today (2026-07-30), Negri Sembilan Oil Palms Bhd's current share price is RM5.42. Negri Sembilan Oil Palms Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM9.88. Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio for today is 0.55.

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

XKLS:2038' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.63
Current: 0.55

During the past years, Negri Sembilan Oil Palms Bhd's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.35. And the median was 0.42.

XKLS:2038's Cyclically Adjusted PB Ratio is ranked better than
79.96% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs XKLS:2038: 0.55

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.

Negri Sembilan Oil Palms Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM9.915. 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 RM9.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Negri Sembilan Oil Palms Bhd  (XKLS:2038) 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.


Negri Sembilan Oil Palms Bhd Cyclically Adjusted PB Ratio Related Terms


Negri Sembilan Oil Palms Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Negri Sembilan Oil Palms 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.

Negri Sembilan Oil Palms Bhd Cyclically Adjusted PB Ratio Chart

Negri Sembilan Oil Palms 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 0.39 0.41 0.35 0.42 0.59

Negri Sembilan Oil Palms 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 0.43 0.45 0.55 0.59 0.59

XKLS:2038 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Negri Sembilan Oil Palms 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.


Negri Sembilan Oil Palms Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:2038
78GF Score
Negri Sembilan Oil Palms Bhd XKLS:2038
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Negri Sembilan Oil Palms 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.

Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.42/9.88
=0.55

* 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.

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

For example, Negri Sembilan Oil Palms 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)
=9.915/330.2130*330.2130
=9.915

Current CPI (Mar. 2026) = 330.2130.

Negri Sembilan Oil Palms Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.768 241.018 10.643
201609 7.834 241.428 10.715
201612 7.885 241.432 10.785
201703 8.526 243.801 11.548
201706 8.500 244.955 11.458
201709 8.051 246.819 10.771
201712 7.599 246.524 10.179
201803 7.611 249.554 10.071
201806 7.542 251.989 9.883
201809 8.042 252.439 10.520
201812 7.833 251.233 10.295
201903 7.835 254.202 10.178
201906 7.818 256.143 10.079
201909 7.764 256.759 9.985
201912 7.771 256.974 9.986
202003 7.665 258.115 9.806
202006 7.720 257.797 9.889
202009 7.653 260.280 9.709
202012 7.653 260.474 9.702
202103 7.792 264.877 9.714
202106 7.727 271.696 9.391
202109 7.835 274.310 9.432
202112 7.928 278.802 9.390
202203 8.225 287.504 9.447
202206 8.140 296.311 9.071
202209 8.298 296.808 9.232
202212 8.302 296.797 9.237
202303 8.374 301.836 9.161
202306 8.540 305.109 9.243
202309 8.715 307.789 9.350
202312 8.668 306.746 9.331
202403 8.811 312.332 9.315
202406 8.953 314.175 9.410
202409 9.007 315.301 9.433
202412 9.174 315.605 9.599
202503 9.400 319.799 9.706
202506 9.499 322.561 9.724
202509 9.762 324.800 9.925
202512 9.713 324.054 9.898
202603 9.915 330.213 9.915

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 0.55 mean?
Negri Sembilan Oil Palms Bhd (XKLS:2038) has a Cyclically Adjusted PB Ratio of 0.55 as of Jul. 30, 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 Negri Sembilan Oil Palms Bhd and its competitors. This is 31% above median its historical median of 0.42. Over the past decade, Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio has ranged from 0.35 to 0.63. According to the industry distribution chart, Negri Sembilan Oil Palms Bhd ranks #287 out of 1432 companies in the Consumer Packaged Goods industry, placing it in the top 20%.
Is Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio too high?
Negri Sembilan Oil Palms Bhd's current Cyclically Adjusted PB Ratio of 0.55 is 31% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.63. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Negri Sembilan Oil Palms Bhd's value of 0.55 is 56% below this industry median. Based on the distribution chart, Negri Sembilan Oil Palms Bhd ranks #287 out of 1432 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Negri Sembilan Oil Palms 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 Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Negri Sembilan Oil Palms Bhd ranks #287 out of 1432 companies for Cyclically Adjusted PB Ratio. This places Negri Sembilan Oil Palms Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Negri Sembilan Oil Palms Bhd's value of 0.55 is 56% below this benchmark. Historically, Negri Sembilan Oil Palms Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 0.63 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.25, Negri Sembilan Oil Palms 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,432 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. Negri Sembilan Oil Palms Bhd's current Cyclically Adjusted PB Ratio of 0.55 is 56% 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 Negri Sembilan Oil Palms 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. Negri Sembilan Oil Palms Bhd's current Cyclically Adjusted PB Ratio is 0.55, which is 31% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Negri Sembilan Oil Palms Bhd stock overvalued right now?
Based on GuruFocus' analysis, Negri Sembilan Oil Palms Bhd (XKLS:2038) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.13, compared to a current price of RM5.42 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 31% above median its 10-year median of 0.42 and 56% below the Consumer Packaged Goods industry median of 1.25. Negri Sembilan Oil Palms Bhd's overall GF Score™ is 78/100 with 2 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 Negri Sembilan Oil Palms Bhd (XKLS:2038), the current Cyclically Adjusted PB Ratio is 0.55 as of Jul. 30, 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 Negri Sembilan Oil Palms Bhd (XKLS:2038) Overvalued in 2026?

Based on GuruFocus' analysis, Negri Sembilan Oil Palms Bhd stock appears to be undervalued. The current stock price of RM5.42 is trading 11.6% below its estimated GF Value™ of RM6.13. GuruFocus considers Negri Sembilan Oil Palms Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2038:

  • Cyclically Adjusted PB Ratio: 0.55 (31% above median its 10-year median of 0.42)
  • GF Value™: RM6.13 vs. price of RM5.42 (11.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 56% below the Consumer Packaged Goods median (#287 of 1432)

No single metric tells the full story. See the XKLS:2038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Negri Sembilan Oil Palms Bhd Business Description

Address Jalan Stesen Sentral 5, Block 2B, Suite 2B-3A-2, Level 3A, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Negri Sembilan Oil Palms Bhd and its subsidiaries are engaged in the cultivation of oil palms, processing and selling fresh fruit bunches, crude palm oil, and palm kernel. The Group has four estates, namely, Ladang Senama, Ladang Ibam, Ladang Gula, and Ladang Maran, with a total land bank spreading across several thousand hectares. Geographically, its operations are wholly carried out in Peninsular Malaysia.
78GF Score

Get the complete analysis for XKLS:2038

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

RM5.42
Price
RM6.13
GF Value