Berjaya Bhd (XKLS:3395) Cyclically Adjusted PB Ratio: 0.18 (As of Jul. 24, 2026) — Near Median

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XKLS:3395 Berjaya Corp Bhd XKLS:3395
23 GF Score
Price RM0.25
GF Value RM0.27
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Berjaya Bhd Cyclically Adjusted PB Ratio?

Berjaya Bhd XKLS:3395 23 Cyclically Adjusted PB Ratio is 0.18 as of Jul. 24, 2026, which is at its 10-year median of 0.18. GuruFocus rates XKLS:3395 with a GF Score™ of 23/100 and a GF Value™ of RM0.27 (Fairly Valued). The stock has 8 warning signs investors should review. Among 476 Conglomerates companies, Berjaya Bhd ranks better than 91.18% on this metric.

As of today (2026-07-24), Berjaya Bhd's current share price is RM0.25. Berjaya Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.42. Berjaya Bhd's Cyclically Adjusted PB Ratio for today is 0.18.

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

XKLS:3395' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.18   Max: 0.3
Current: 0.18

During the past years, Berjaya Bhd's highest Cyclically Adjusted PB Ratio was 0.30. The lowest was 0.11. And the median was 0.18.

XKLS:3395's Cyclically Adjusted PB Ratio is ranked better than
91.18% of 476 companies
in the Conglomerates industry
Industry Median: 1.045 vs XKLS:3395: 0.18

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.

Berjaya Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.008. 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 RM1.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berjaya Bhd  (XKLS:3395) 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.


Berjaya Bhd Cyclically Adjusted PB Ratio Related Terms


Berjaya Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Berjaya 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.

Berjaya Bhd Cyclically Adjusted PB Ratio Chart

Berjaya Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.15 0.19 0.21 0.19

Berjaya 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 0.20 0.19 0.19 0.20 0.18

XKLS:3395 vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Berjaya 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.


Berjaya Bhd Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berjaya Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:3395
23GF Score
Berjaya Corp Bhd XKLS:3395
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berjaya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.25/1.42
=0.18

* 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.

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

For example, Berjaya 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)
=1.008/330.2130*330.2130
=1.008

Current CPI (Mar. 2026) = 330.2130.

Berjaya Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201601 1.445 236.916 2.014
201604 1.290 239.261 1.780
201607 1.399 240.628 1.920
201610 1.426 241.729 1.948
201701 1.439 242.839 1.957
201704 1.310 244.524 1.769
201707 1.318 244.786 1.778
201710 1.289 246.663 1.726
201801 1.261 247.867 1.680
201804 1.248 250.546 1.645
201807 1.230 252.006 1.612
201810 1.230 252.885 1.606
201901 1.220 251.712 1.600
201909 1.158 256.759 1.489
201912 1.145 256.974 1.471
202003 1.231 258.115 1.575
202006 1.224 257.797 1.568
202009 1.237 260.280 1.569
202012 1.201 260.474 1.523
202103 1.182 264.877 1.474
202106 1.122 271.696 1.364
202109 1.108 274.310 1.334
202112 1.123 278.802 1.330
202203 1.127 287.504 1.294
202206 1.033 296.311 1.151
202209 1.039 296.808 1.156
202212 1.052 296.797 1.170
202303 1.057 301.836 1.156
202306 1.040 305.109 1.126
202309 1.000 307.789 1.073
202312 0.999 306.746 1.075
202403 1.122 312.332 1.186
202406 1.079 314.175 1.134
202409 1.037 315.301 1.086
202412 1.028 315.605 1.076
202503 1.012 319.799 1.045
202506 1.053 322.561 1.078
202509 1.066 324.800 1.084
202512 1.064 324.054 1.084
202603 1.008 330.213 1.008

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 0.18 mean?
Berjaya Bhd (XKLS:3395) has a Cyclically Adjusted PB Ratio of 0.18 as of Jul. 24, 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 Berjaya Bhd and its competitors. This is near median its historical median of 0.18. Over the past decade, Berjaya Bhd's Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.30. According to the industry distribution chart, Berjaya Bhd ranks #42 out of 476 companies in the Conglomerates industry, placing it in the top 8.8%.
Is Berjaya Bhd's Cyclically Adjusted PB Ratio too high?
Berjaya Bhd's current Cyclically Adjusted PB Ratio of 0.18 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.30. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.05. Berjaya Bhd's value of 0.18 is 82.8% below this industry median. Based on the distribution chart, Berjaya Bhd ranks #42 out of 476 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Berjaya Bhd has a GF Score™ of 23/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Berjaya Bhd's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Berjaya Bhd ranks #42 out of 476 companies for Cyclically Adjusted PB Ratio. This places Berjaya Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.05. Berjaya Bhd's value of 0.18 is 82.8% below this benchmark. Historically, Berjaya Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.30 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.05, Berjaya 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.05, based on 476 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. Berjaya Bhd's current Cyclically Adjusted PB Ratio of 0.18 is 82.8% 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 Berjaya Bhd and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berjaya Bhd's current Cyclically Adjusted PB Ratio is 0.18, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berjaya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Berjaya Bhd (XKLS:3395) is currently considered Fairly Valued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.25 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.18, which is near median its 10-year median of 0.18 and 82.8% below the Conglomerates industry median of 1.05. Berjaya Bhd's overall GF Score™ is 23/100 with 8 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 Berjaya Bhd (XKLS:3395), the current Cyclically Adjusted PB Ratio is 0.18 as of Jul. 24, 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 Berjaya Bhd (XKLS:3395) Overvalued in 2026?

Based on GuruFocus' analysis, Berjaya Bhd stock appears to be undervalued. The current stock price of RM0.25 is trading 7.4% below its estimated GF Value™ of RM0.27. GuruFocus considers Berjaya Bhd to be Fairly Valued.

Key valuation signals for XKLS:3395:

  • Cyclically Adjusted PB Ratio: 0.18 (near median its 10-year median of 0.18)
  • GF Value™: RM0.27 vs. price of RM0.25 (7.4% below fair value)
  • GF Score™: 23/100 with 8 warning signs
  • Industry Position: 82.8% below the Conglomerates median (#42 of 476)

No single metric tells the full story. See the XKLS:3395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berjaya Bhd Business Description

Other Exchanges BRYAF:USA
Address Level 12 (East Wing), Berjaya Times Square, No.1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100
Berjaya Corp Bhd is a diversified consumer group with core operations in Malaysia and the United Kingdom. Its businesses span financial services, consumer products, motor trading, clean technology, food and beverage, property, hospitality, gaming, and telecommunications. The Group operates through four segments: Retail (its main revenue contributor, covering food and beverage, luxury cars, and consumer goods), Services (gaming, financial, digital, and environmental services), Property (development and investment), and Hospitality (hotels, resorts, and clubs). The majority of its revenue is derived from Malaysia.
23GF Score

Get the complete analysis for XKLS:3395

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

RM0.25
Price
RM0.27
GF Value