Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 31, 2026) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:3042 Petron Malaysia Refining & Marketing Bhd XKLS:3042
71 GF Score
Price RM3.39
GF Value RM3.27
Valuation Fairly Valued
! 5 Warning Signs
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What is Petron Malaysia Refining & Marketing Bhd Cyclically Adjusted PB Ratio?

Petron Malaysia Refining & Marketing Bhd XKLS:3042 71 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 31, 2026, which is 42% below its 10-year median of 0.71. GuruFocus rates XKLS:3042 with a GF Score™ of 71/100 and a GF Value™ of RM3.27 (Fairly Valued). The stock has 5 warning signs investors should review. Among 765 Oil & Gas companies, Petron Malaysia Refining & Marketing Bhd ranks better than 78.3% on this metric.

As of today (2026-07-31), Petron Malaysia Refining & Marketing Bhd's current share price is RM3.39. Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM8.36. Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:3042' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.71   Max: 1.31
Current: 0.42

During the past years, Petron Malaysia Refining & Marketing Bhd's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.41. And the median was 0.71.

XKLS:3042's Cyclically Adjusted PB Ratio is ranked better than
78.3% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs XKLS:3042: 0.42

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.

Petron Malaysia Refining & Marketing Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM9.451. 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 RM8.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petron Malaysia Refining & Marketing Bhd  (XKLS:3042) 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.


Petron Malaysia Refining & Marketing Bhd Cyclically Adjusted PB Ratio Related Terms


Petron Malaysia Refining & Marketing Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Petron Malaysia Refining & Marketing 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.

Petron Malaysia Refining & Marketing Bhd Cyclically Adjusted PB Ratio Chart

Petron Malaysia Refining & Marketing 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 0.82 0.71 0.67 0.57 0.48

Petron Malaysia Refining & Marketing 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 0.45 0.45 0.48 0.48 0.54

XKLS:3042 vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Petron Malaysia Refining & Marketing 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.


Petron Malaysia Refining & Marketing Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:3042
71GF Score
Petron Malaysia Refining & Marketing Bhd XKLS:3042
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Petron Malaysia Refining & Marketing 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.

Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.39/8.36
=0.41

* 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.

Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Petron Malaysia Refining & Marketing 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)
=9.451/330.2130*330.2130
=9.451

Current CPI (Mar. 2026) = 330.2130.

Petron Malaysia Refining & Marketing Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.725 241.018 5.104
201609 3.898 241.428 5.331
201612 4.311 241.432 5.896
201703 4.713 243.801 6.383
201706 4.830 244.955 6.511
201709 5.223 246.819 6.988
201712 5.600 246.524 7.501
201803 5.864 249.554 7.759
201806 5.957 251.989 7.806
201809 6.274 252.439 8.207
201812 6.181 251.233 8.124
201903 6.389 254.202 8.299
201906 6.397 256.143 8.247
201909 6.521 256.759 8.387
201912 6.615 256.974 8.500
202003 6.305 258.115 8.066
202006 5.928 257.797 7.593
202009 6.290 260.280 7.980
202012 6.450 260.474 8.177
202103 6.832 264.877 8.517
202106 6.937 271.696 8.431
202109 7.059 274.310 8.498
202112 7.291 278.802 8.635
202203 7.685 287.504 8.827
202206 8.164 296.311 9.098
202209 8.283 296.808 9.215
202212 8.210 296.797 9.134
202303 8.612 301.836 9.422
202306 8.511 305.109 9.211
202309 8.814 307.789 9.456
202312 8.968 306.746 9.654
202403 9.226 312.332 9.754
202406 9.045 314.175 9.507
202409 9.062 315.301 9.491
202412 8.759 315.605 9.164
202503 9.059 319.799 9.354
202506 9.109 322.561 9.325
202509 9.432 324.800 9.589
202512 9.581 324.054 9.763
202603 9.451 330.213 9.451

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 0.41 mean?
Petron Malaysia Refining & Marketing Bhd (XKLS:3042) has a Cyclically Adjusted PB Ratio of 0.41 as of Jul. 31, 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 Petron Malaysia Refining & Marketing Bhd and its competitors. This is 42% below median its historical median of 0.71. Over the past decade, Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.31. According to the industry distribution chart, Petron Malaysia Refining & Marketing Bhd ranks #166 out of 765 companies in the Oil & Gas industry, placing it in the top 21.7%.
Is Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio too high?
Petron Malaysia Refining & Marketing Bhd's current Cyclically Adjusted PB Ratio of 0.41 is 42% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.31. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Petron Malaysia Refining & Marketing Bhd's value of 0.41 is 66.1% below this industry median. Based on the distribution chart, Petron Malaysia Refining & Marketing Bhd ranks #166 out of 765 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petron Malaysia Refining & Marketing Bhd has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petron Malaysia Refining & Marketing Bhd's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Petron Malaysia Refining & Marketing Bhd ranks #166 out of 765 companies for Cyclically Adjusted PB Ratio. This places Petron Malaysia Refining & Marketing Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Petron Malaysia Refining & Marketing Bhd's value of 0.41 is 66.1% below this benchmark. Historically, Petron Malaysia Refining & Marketing Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.31 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.21, Petron Malaysia Refining & Marketing 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 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. Petron Malaysia Refining & Marketing Bhd's current Cyclically Adjusted PB Ratio of 0.41 is 66.1% 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 Petron Malaysia Refining & Marketing Bhd and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petron Malaysia Refining & Marketing Bhd's current Cyclically Adjusted PB Ratio is 0.41, which is 42% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petron Malaysia Refining & Marketing Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petron Malaysia Refining & Marketing Bhd (XKLS:3042) is currently considered Fairly Valued. The stock's GF Value™ is RM3.27, compared to a current price of RM3.39 — trading 3.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 42% below median its 10-year median of 0.71 and 66.1% below the Oil & Gas industry median of 1.21. Petron Malaysia Refining & Marketing Bhd's overall GF Score™ is 71/100 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 Petron Malaysia Refining & Marketing Bhd (XKLS:3042), the current Cyclically Adjusted PB Ratio is 0.41 as of Jul. 31, 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 Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Overvalued in 2026?

Based on GuruFocus' analysis, Petron Malaysia Refining & Marketing Bhd stock appears to be overvalued. The current stock price of RM3.39 is trading 3.7% above its estimated GF Value™ of RM3.27. GuruFocus considers Petron Malaysia Refining & Marketing Bhd to be Fairly Valued.

Key valuation signals for XKLS:3042:

  • Cyclically Adjusted PB Ratio: 0.41 (42% below median its 10-year median of 0.71)
  • GF Value™: RM3.27 vs. price of RM3.39 (3.7% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 66.1% below the Oil & Gas median (#166 of 765)

No single metric tells the full story. See the XKLS:3042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petron Malaysia Refining & Marketing Bhd Business Description

Industry EnergyOil & Gas
Address No. 46, Jalan Dungun, Level 12A, Menara I & P, Tower 1, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Petron Malaysia Refining & Marketing Bhd is an oil company engaged in manufacturing and marketing a wide range of petroleum products, which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), Jet Fuel, Naphtha, and Low Sulphur Waxy Residue. The company generates revenue from the sale of petroleum products to Retail and Commercial customers in various geographical locations. Geographically, a majority of its revenue is derived from Malaysia and the rest from Singapore.
71GF Score

Get the complete analysis for XKLS:3042

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

RM3.39
Price
RM3.27
GF Value