United Malacca Bhd (XKLS:2593) Cyclically Adjusted PB Ratio: 0.70 (As of Jul. 30, 2026) — 11% Above Median

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XKLS:2593 United Malacca Bhd XKLS:2593
77 GF Score
Price RM5.90
GF Value RM6.65
Valuation Modestly Undervalued
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What is United Malacca Bhd Cyclically Adjusted PB Ratio?

United Malacca Bhd XKLS:2593 -0.84% 77 Cyclically Adjusted PB Ratio is 0.70 as of Jul. 30, 2026, which is 11% above its 10-year median of 0.63. GuruFocus rates XKLS:2593 with a GF Score™ of 77/100 and a GF Value™ of RM6.65 (Modestly Undervalued). Among 1,432 Consumer Packaged Goods companies, United Malacca Bhd ranks better than 73.32% on this metric.

As of today (2026-07-30), United Malacca Bhd's current share price is RM5.90. United Malacca Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM8.44. United Malacca Bhd's Cyclically Adjusted PB Ratio for today is 0.70.

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

XKLS:2593' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.63   Max: 0.72
Current: 0.7

During the past years, United Malacca Bhd's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.54. And the median was 0.63.

XKLS:2593's Cyclically Adjusted PB Ratio is ranked better than
73.32% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs XKLS:2593: 0.70

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.

United Malacca Bhd's adjusted book value per share data for the three months ended in Apr. 2026 was RM7.440. 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 RM8.44 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Malacca Bhd  (XKLS:2593) 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.


United Malacca Bhd Cyclically Adjusted PB Ratio Related Terms


United Malacca Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Malacca 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.

United Malacca Bhd Cyclically Adjusted PB Ratio Chart

United Malacca Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.62 0.59 0.59 0.70

United Malacca Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.59 0.63 0.69 0.70 0.70

XKLS:2593 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, United Malacca 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.


United Malacca Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:2593
77GF Score
United Malacca Bhd XKLS:2593
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Malacca 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.90/8.44
=0.70

* 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.

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

For example, United Malacca Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=7.44/333.0200*333.0200
=7.440

Current CPI (Apr. 2026) = 333.0200.

United Malacca Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 8.129 240.628 11.250
201610 8.245 241.729 11.359
201701 8.260 242.839 11.327
201704 6.743 244.524 9.183
201707 8.254 244.786 11.229
201710 8.296 246.663 11.200
201801 8.303 247.867 11.155
201804 6.526 250.546 8.674
201807 7.261 252.006 9.595
201810 7.187 252.885 9.464
201901 7.218 251.712 9.550
201904 6.288 255.548 8.194
201907 6.421 256.571 8.334
201910 6.601 257.346 8.542
202001 6.608 257.971 8.530
202004 6.282 256.389 8.160
202007 6.246 259.101 8.028
202010 6.259 260.388 8.005
202101 6.307 261.582 8.029
202104 6.239 267.054 7.780
202107 6.293 273.003 7.676
202110 6.465 276.589 7.784
202201 6.556 281.148 7.766
202204 6.683 289.109 7.698
202207 6.698 296.276 7.529
202210 6.780 298.012 7.576
202301 6.736 299.170 7.498
202304 6.835 303.363 7.503
202307 6.763 305.691 7.368
202310 6.829 307.671 7.392
202401 6.869 308.417 7.417
202404 6.921 313.548 7.351
202407 6.884 314.540 7.288
202410 7.024 315.664 7.410
202501 7.094 317.671 7.437
202504 7.164 320.795 7.437
202507 7.219 323.048 7.442
202510 7.354 0.000
202601 7.354 325.252 7.530
202604 7.440 333.020 7.440

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 0.70 mean?
United Malacca Bhd (XKLS:2593) has a Cyclically Adjusted PB Ratio of 0.70 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 United Malacca Bhd and its competitors. This is 11% above median its historical median of 0.63. Over the past decade, United Malacca Bhd's Cyclically Adjusted PB Ratio has ranged from 0.54 to 0.72. According to the industry distribution chart, United Malacca Bhd ranks #382 out of 1432 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is United Malacca Bhd's Cyclically Adjusted PB Ratio too high?
United Malacca Bhd's current Cyclically Adjusted PB Ratio of 0.70 is 11% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.72. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. United Malacca Bhd's value of 0.70 is 44% below this industry median. Based on the distribution chart, United Malacca Bhd ranks #382 out of 1432 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, United Malacca Bhd has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Malacca Bhd's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, United Malacca Bhd ranks #382 out of 1432 companies for Cyclically Adjusted PB Ratio. This puts United Malacca Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. United Malacca Bhd's value of 0.70 is 44% below this benchmark. Historically, United Malacca Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 0.72 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.25, United Malacca 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. United Malacca Bhd's current Cyclically Adjusted PB Ratio of 0.70 is 44% 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 United Malacca 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. United Malacca Bhd's current Cyclically Adjusted PB Ratio is 0.70, which is 11% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Malacca Bhd stock overvalued right now?
Based on GuruFocus' analysis, United Malacca Bhd (XKLS:2593) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.65, compared to a current price of RM5.90 — trading 11.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 11% above median its 10-year median of 0.63 and 44% below the Consumer Packaged Goods industry median of 1.25. United Malacca Bhd's overall GF Score™ is 77/100. 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 United Malacca Bhd (XKLS:2593), the current Cyclically Adjusted PB Ratio is 0.70 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 United Malacca Bhd (XKLS:2593) Overvalued in 2026?

Based on GuruFocus' analysis, United Malacca Bhd stock appears to be undervalued. The current stock price of RM5.90 is trading 11.3% below its estimated GF Value™ of RM6.65. GuruFocus considers United Malacca Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2593:

  • Cyclically Adjusted PB Ratio: 0.70 (11% above median its 10-year median of 0.63)
  • GF Value™: RM6.65 vs. price of RM5.90 (11.3% below fair value)
  • GF Score™: 77/100
  • Industry Position: 44% below the Consumer Packaged Goods median (#382 of 1432)

No single metric tells the full story. See the XKLS:2593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Malacca Bhd Business Description

Address 6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority revenue from Malaysia and also has a presence in Indonesia.
77GF Score

Get the complete analysis for XKLS:2593

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

RM5.90
Price
RM6.65
GF Value