Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mega First BhdXKLS:3069 +0.35%74 Cyclically Adjusted PB Ratio is 1.03 as of Jul. 26, 2026, which is 38% below its 10-year median of 1.66. GuruFocus rates XKLS:3069 with a GF Score™ of 74/100 and a GF Value™ of RM3.17 (Fairly Valued). The stock has 6 warning signs investors should review. Among 441 Utilities - Regulated companies, Mega First Bhd ranks better than 68.48% on this metric.
The historical rank and industry rank for Mega First Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:
XKLS:3069'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.66 Max: 2.49
Current: 1.03
During the past years, Mega First Bhd's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 1.01. And the median was 1.66.
XKLS:3069's Cyclically Adjusted PB Ratio is ranked better than 68.48% of 441
companies
in the Utilities - Regulated industry
Industry Median: 1.53
vs XKLS:3069: 1.03
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.
Mega First Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM3.609. 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 RM2.80 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mega First Bhd (XKLS:3069) 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.
Mega First Bhd Cyclically Adjusted PB Ratio Related Terms
Mega First Bhd Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Mega First 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.
XKLS:3069 vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison
For the Utilities - Regulated Electric subindustry, Mega First 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.
Mega First Bhd Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Mega First Bhd's Cyclically Adjusted PB Ratio falls into.
Mega First 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.
Mega First 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 1.03 mean?
Mega First Bhd (XKLS:3069) has a Cyclically Adjusted PB Ratio of 1.03 as of Jul. 26, 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 Mega First Bhd and its competitors. This is 38% below median its historical median of 1.66. Over the past decade, Mega First Bhd's Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.49. According to the industry distribution chart, Mega First Bhd ranks #139 out of 441 companies in the Utilities - Regulated industry, placing it in the top 31.5%.
Is Mega First Bhd's Cyclically Adjusted PB Ratio too high?
Mega First Bhd's current Cyclically Adjusted PB Ratio of 1.03 is 38% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.49. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Mega First Bhd's value of 1.03 is 32.7% below this industry median. Based on the distribution chart, Mega First Bhd ranks #139 out of 441 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Mega First Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #139 out of 441 companies for Cyclically Adjusted PB Ratio. This puts Mega First Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Mega First Bhd's value of 1.03 is 32.7% below this benchmark. Historically, Mega First Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.49 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.53, Mega First 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 441 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. Mega First Bhd's current Cyclically Adjusted PB Ratio of 1.03 is 32.7% 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current Cyclically Adjusted PB Ratio is 1.03, which is 38% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.17, compared to a current price of RM2.89 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 38% below median its 10-year median of 1.66 and 32.7% below the Utilities - Regulated industry median of 1.53. Mega First Bhd's overall GF Score™ is 74/100 with 6 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 Mega First Bhd (XKLS:3069), the current Cyclically Adjusted PB Ratio is 1.03 as of Jul. 26, 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?
Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued.
The current stock price of RM2.89 is trading 8.8% below its estimated GF Value™ of RM3.17.
GuruFocus considers Mega First Bhd to be Fairly Valued.
Key valuation signals for XKLS:3069:
Cyclically Adjusted PB Ratio: 1.03 (38% below median its 10-year median of 1.66)
GF Value™: RM3.17 vs. price of RM2.89 (8.8% below fair value)
Industry Position: 32.7% below the Utilities - Regulated median (#139 of 441)
No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
74GF Score
Get the complete analysis for XKLS:3069
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:3069 has been successfully added to your 
