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AYER Holdings BhdXKLS:2305 80 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 01, 2026, which is 4% above its 10-year median of 0.82. GuruFocus rates XKLS:2305 with a GF Score™ of 80/100 and a GF Value™ of RM11.61 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,416 Real Estate companies, AYER Holdings Bhd ranks worse than 57.42% on this metric.
The historical rank and industry rank for AYER Holdings Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:
XKLS:2305'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.82 Max: 0.95
Current: 0.83
During the past years, AYER Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.60. And the median was 0.82.
XKLS:2305's Cyclically Adjusted PB Ratio is ranked worse than 57.42% of 1416
companies
in the Real Estate industry
Industry Median: 0.69
vs XKLS:2305: 0.83
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.
AYER Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM8.589. 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 RM8.66 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
AYER Holdings Bhd (XKLS:2305) 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.
AYER Holdings Bhd Cyclically Adjusted PB Ratio Related Terms
AYER Holdings Bhd Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for AYER Holdings 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.
AYER Holdings Bhd Cyclically Adjusted PB Ratio Chart
AYER Holdings Bhd Cyclically Adjusted PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, AYER Holdings 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.
AYER Holdings Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AYER Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where AYER Holdings Bhd's Cyclically Adjusted PB Ratio falls into.
AYER Holdings 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.
AYER Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.85 mean?
AYER Holdings Bhd (XKLS:2305) has a Cyclically Adjusted PB Ratio of 0.85 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 AYER Holdings Bhd and its competitors. This is near median its historical median of 0.82. Over the past decade, AYER Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.60 to 0.95. According to the industry distribution chart, AYER Holdings Bhd ranks #813 out of 1416 companies in the Real Estate industry, placing it in the top 57.4%.
Is AYER Holdings Bhd's Cyclically Adjusted PB Ratio too high?
AYER Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.85 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.95. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. AYER Holdings Bhd's value of 0.85 is 23.2% above this industry median. Based on the distribution chart, AYER Holdings Bhd ranks #813 out of 1416 companies in the Real Estate industry, which is below the industry midpoint. Overall, AYER Holdings Bhd has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AYER Holdings Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, AYER Holdings Bhd ranks #813 out of 1416 companies for Cyclically Adjusted PB Ratio. This places AYER Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. AYER Holdings Bhd's value of 0.85 is 23.2% above this benchmark. Historically, AYER Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 0.95 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.69, AYER Holdings 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,416 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. AYER Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.85 is 23.2% 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 AYER Holdings Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYER Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.85, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYER Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYER Holdings Bhd (XKLS:2305) is currently considered Possible Value Trap. The stock's GF Value™ is RM11.61, compared to a current price of RM7.36 — trading 36.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is near median its 10-year median of 0.82 and 23.2% above the Real Estate industry median of 0.69. AYER Holdings Bhd's overall GF Score™ is 80/100 with 1 warning sign 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 AYER Holdings Bhd (XKLS:2305), the current Cyclically Adjusted PB Ratio is 0.85 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 AYER Holdings Bhd (XKLS:2305) Overvalued in 2026?
Based on GuruFocus' analysis, AYER Holdings Bhd stock appears to be undervalued.
The current stock price of RM7.36 is trading 36.6% below its estimated GF Value™ of RM11.61.
GuruFocus considers AYER Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:2305:
Cyclically Adjusted PB Ratio: 0.85 (near median its 10-year median of 0.82)
GF Value™: RM11.61 vs. price of RM7.36 (36.6% below fair value)
Industry Position: 23.2% above the Real Estate median (#813 of 1416)
No single metric tells the full story. See the XKLS:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AYER Holdings Bhd is an investment holding company. The principal activities of the company and its subsidiaries are categorized into two segments, namely Property Development, Plantation, and Others. Its Property development segment is engaged in developing residential and commercial properties. Its Plantation segment is involved in cultivating oil palm and durian. Other segments include investments, management services and others. The majority of revenue is earned from the Property development segment.
80GF Score
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