CI Holdings Bhd (XKLS:2828) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 03, 2026) — 38% Below Median

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XKLS:2828 CI Holdings Bhd XKLS:2828
81 GF Score
Price RM2.34
GF Value RM2.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CI Holdings Bhd Cyclically Adjusted PB Ratio?

CI Holdings Bhd XKLS:2828 -1.27% 81 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 03, 2026, which is 38% below its 10-year median of 1.72. GuruFocus rates XKLS:2828 with a GF Score™ of 81/100 and a GF Value™ of RM2.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,425 Consumer Packaged Goods companies, CI Holdings Bhd ranks better than 55.65% on this metric.

As of today (2026-08-03), CI Holdings Bhd's current share price is RM2.34. CI Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.19. CI Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.07.

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

XKLS:2828' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.72   Max: 3.24
Current: 1.08

During the past years, CI Holdings Bhd's highest Cyclically Adjusted PB Ratio was 3.24. The lowest was 0.95. And the median was 1.72.

XKLS:2828's Cyclically Adjusted PB Ratio is ranked better than
55.65% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs XKLS:2828: 1.08

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.

CI Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM2.926. 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 RM2.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CI Holdings Bhd  (XKLS:2828) 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.


CI Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


CI Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CI 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.

CI Holdings Bhd Cyclically Adjusted PB Ratio Chart

CI Holdings 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 2.51 1.96 1.96 1.66 1.26

CI Holdings 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 1.35 1.26 1.25 1.27 1.15

XKLS:2828 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, CI 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.


CI Holdings Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:2828
81GF Score
CI Holdings Bhd XKLS:2828
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.34/2.19
=1.07

* 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.

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

For example, CI Holdings 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)
=2.926/330.2130*330.2130
=2.926

Current CPI (Mar. 2026) = 330.2130.

CI Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.073 241.018 1.470
201609 1.104 241.428 1.510
201612 1.100 241.432 1.504
201703 1.150 243.801 1.558
201706 1.191 244.955 1.606
201709 1.259 246.819 1.684
201712 1.248 246.524 1.672
201803 1.270 249.554 1.680
201806 1.303 251.989 1.707
201809 1.337 252.439 1.749
201812 1.260 251.233 1.656
201903 1.301 254.202 1.690
201906 1.299 256.143 1.675
201909 1.352 256.759 1.739
201912 1.348 256.974 1.732
202003 1.356 258.115 1.735
202006 1.405 257.797 1.800
202009 1.495 260.280 1.897
202012 1.473 260.474 1.867
202103 1.600 264.877 1.995
202106 1.737 271.696 2.111
202109 1.815 274.310 2.185
202112 1.794 278.802 2.125
202203 1.877 287.504 2.156
202206 2.030 296.311 2.262
202209 2.161 296.808 2.404
202212 2.267 296.797 2.522
202303 2.394 301.836 2.619
202306 2.533 305.109 2.741
202309 2.654 307.789 2.847
202312 2.584 306.746 2.782
202403 2.727 312.332 2.883
202406 2.807 314.175 2.950
202409 2.823 315.301 2.957
202412 2.836 315.605 2.967
202503 2.947 319.799 3.043
202506 3.016 322.561 3.088
202509 2.903 324.800 2.951
202512 2.959 324.054 3.015
202603 2.926 330.213 2.926

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 1.07 mean?
CI Holdings Bhd (XKLS:2828) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 03, 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 CI Holdings Bhd and its competitors. This is 38% below median its historical median of 1.72. Over the past decade, CI Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.95 to 3.24. According to the industry distribution chart, CI Holdings Bhd ranks #632 out of 1425 companies in the Consumer Packaged Goods industry, placing it in the top 44.4%.
Is CI Holdings Bhd's Cyclically Adjusted PB Ratio too high?
CI Holdings Bhd's current Cyclically Adjusted PB Ratio of 1.07 is 38% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.24. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. CI Holdings Bhd's value of 1.07 is 13.7% below this industry median. Based on the distribution chart, CI Holdings Bhd ranks #632 out of 1425 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, CI Holdings Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CI Holdings Bhd's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, CI Holdings Bhd ranks #632 out of 1425 companies for Cyclically Adjusted PB Ratio. This puts CI Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. CI Holdings Bhd's value of 1.07 is 13.7% below this benchmark. Historically, CI Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 3.24 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.24, CI Holdings 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 1.24, based on 1,425 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. CI Holdings Bhd's current Cyclically Adjusted PB Ratio of 1.07 is 13.7% 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 CI Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CI Holdings Bhd's current Cyclically Adjusted PB Ratio is 1.07, which is 38% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CI Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CI Holdings Bhd (XKLS:2828) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.97, compared to a current price of RM2.34 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is 38% below median its 10-year median of 1.72 and 13.7% below the Consumer Packaged Goods industry median of 1.24. CI Holdings Bhd's overall GF Score™ is 81/100 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 CI Holdings Bhd (XKLS:2828), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 03, 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 CI Holdings Bhd (XKLS:2828) Overvalued in 2026?

Based on GuruFocus' analysis, CI Holdings Bhd stock appears to be undervalued. The current stock price of RM2.34 is trading 21.2% below its estimated GF Value™ of RM2.97. GuruFocus considers CI Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2828:

  • Cyclically Adjusted PB Ratio: 1.07 (38% below median its 10-year median of 1.72)
  • GF Value™: RM2.97 vs. price of RM2.34 (21.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 13.7% below the Consumer Packaged Goods median (#632 of 1425)

No single metric tells the full story. See the XKLS:2828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CI Holdings Bhd Business Description

Address No. 1, Jalan Mayang Sari, Suite A-11-1, Level 11, Hampshire Place Office, 157 Hampshire, Kuala Lumpur, MYS, 50450
CI Holdings Bhd is engaged in investment holding and the provision of management services. The company's operating segment includes Edible oil; Tap-ware and sanitary ware; and Investment holdings. It generates maximum revenue from the Edible oil segment. The edible oil segment is engaged in the selling, packing, and marketing of all types of edible oil. Its Tap-ware and sanitary ware segment is engaged in the manufacture and trading of household fittings and appliances such as water taps, plumbing accessories, and sanitary wares, and the Investment holding segment is engaged in Investment activities. Geographically, it derives a majority of revenue from Africa and also has a presence in Malaysia, Asia, and Other regions.
81GF Score

Get the complete analysis for XKLS:2828

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

RM2.34
Price
RM2.97
GF Value