Land & General Bhd (XKLS:3174) Cyclically Adjusted PB Ratio: 0.36 (As of Jul. 26, 2026) — 50% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:3174 Land & General Bhd XKLS:3174
58 GF Score
Price RM0.17
GF Value RM0.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Land & General Bhd Cyclically Adjusted PB Ratio?

Land & General Bhd XKLS:3174 +3.03% 58 Cyclically Adjusted PB Ratio is 0.36 as of Jul. 26, 2026, which is 50% above its 10-year median of 0.24. GuruFocus rates XKLS:3174 with a GF Score™ of 58/100 and a GF Value™ of RM0.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,426 Real Estate companies, Land & General Bhd ranks better than 70.55% on this metric.

As of today (2026-07-26), Land & General Bhd's current share price is RM0.17. Land & General Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.47. Land & General Bhd's Cyclically Adjusted PB Ratio for today is 0.36.

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

XKLS:3174' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.24   Max: 0.37
Current: 0.36

During the past years, Land & General Bhd's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.18. And the median was 0.24.

XKLS:3174's Cyclically Adjusted PB Ratio is ranked better than
70.55% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs XKLS:3174: 0.36

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.

Land & General Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.393. 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 RM0.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Land & General Bhd  (XKLS:3174) 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.


Land & General Bhd Cyclically Adjusted PB Ratio Related Terms


Land & General Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Land & General 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.

Land & General Bhd Cyclically Adjusted PB Ratio Chart

Land & General Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.20 0.26 0.22 0.29

Land & General 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 0.22 0.22 0.31 0.28 0.29

Land & General Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Land & General 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.


Land & General Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Land & General Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Land & General Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:3174
58GF Score
Land & General Bhd XKLS:3174
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Land & General 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.

Land & General Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.17/0.47
=0.36

* 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.

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

For example, Land & General 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)
=0.393/330.2130*330.2130
=0.393

Current CPI (Mar. 2026) = 330.2130.

Land & General Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.513 241.018 0.703
201609 0.497 241.428 0.680
201612 0.508 241.432 0.695
201703 0.466 243.801 0.631
201706 0.361 244.955 0.487
201709 0.370 246.819 0.495
201712 0.372 246.524 0.498
201803 0.377 249.554 0.499
201806 0.379 251.989 0.497
201809 0.373 252.439 0.488
201812 0.362 251.233 0.476
201903 0.368 254.202 0.478
201906 0.371 256.143 0.478
201909 0.372 256.759 0.478
201912 0.362 256.974 0.465
202003 0.363 258.115 0.464
202006 0.365 257.797 0.468
202009 0.370 260.280 0.469
202012 0.373 260.474 0.473
202103 0.374 264.877 0.466
202106 0.377 271.696 0.458
202109 0.375 274.310 0.451
202112 0.376 278.802 0.445
202203 0.376 287.504 0.432
202206 0.376 296.311 0.419
202209 0.373 296.808 0.415
202212 0.376 296.797 0.418
202303 0.379 301.836 0.415
202306 0.379 305.109 0.410
202309 0.380 307.789 0.408
202312 0.382 306.746 0.411
202403 0.381 312.332 0.403
202406 0.382 314.175 0.402
202409 0.376 315.301 0.394
202412 0.377 315.605 0.394
202503 0.386 319.799 0.399
202506 0.390 322.561 0.399
202509 0.394 324.800 0.401
202512 0.390 324.054 0.397
202603 0.393 330.213 0.393

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 0.36 mean?
Land & General Bhd (XKLS:3174) has a Cyclically Adjusted PB Ratio of 0.36 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 Land & General Bhd and its competitors. This is 50% above median its historical median of 0.24. Over the past decade, Land & General Bhd's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.37. According to the industry distribution chart, Land & General Bhd ranks #420 out of 1426 companies in the Real Estate industry, placing it in the top 29.5%.
Is Land & General Bhd's Cyclically Adjusted PB Ratio too high?
Land & General Bhd's current Cyclically Adjusted PB Ratio of 0.36 is 50% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.37. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Land & General Bhd's value of 0.36 is 47.8% below this industry median. Based on the distribution chart, Land & General Bhd ranks #420 out of 1426 companies in the Real Estate industry, which is above the industry midpoint. Overall, Land & General Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Land & General Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Land & General Bhd ranks #420 out of 1426 companies for Cyclically Adjusted PB Ratio. This puts Land & General Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Land & General Bhd's value of 0.36 is 47.8% below this benchmark. Historically, Land & General Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.37 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.69, Land & General 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,426 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. Land & General Bhd's current Cyclically Adjusted PB Ratio of 0.36 is 47.8% 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 Land & General 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. Land & General Bhd's current Cyclically Adjusted PB Ratio is 0.36, which is 50% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Land & General Bhd (XKLS:3174) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 50% above median its 10-year median of 0.24 and 47.8% below the Real Estate industry median of 0.69. Land & General Bhd's overall GF Score™ is 58/100 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 Land & General Bhd (XKLS:3174), the current Cyclically Adjusted PB Ratio is 0.36 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 Land & General Bhd (XKLS:3174) Overvalued in 2026?

Based on GuruFocus' analysis, Land & General Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24. GuruFocus considers Land & General Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3174:

  • Cyclically Adjusted PB Ratio: 0.36 (50% above median its 10-year median of 0.24)
  • GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 47.8% below the Real Estate median (#420 of 1426)

No single metric tells the full story. See the XKLS:3174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Land & General Bhd Business Description

Address Jalan Cempaka SD 12/5, 8trium, Level 21, Menara 1, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Land & General Bhd is an investment holding, leasing of assets, and provision of management services. Its operating segment includes Property Development; Education; and Others. The other's segment includes land cultivation and investment in commercial properties. It generates maximum revenue from the Property development segment which engaged in the development of residential and commercial properties. The Education segment is engaged in the operation of co-education schooling from kindergarten to secondary education. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Australia.
58GF Score

Get the complete analysis for XKLS:3174

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

RM0.17
Price
RM0.24
GF Value