Johan Holdings Bhd (XKLS:3441) Cyclically Adjusted PB Ratio: 0.10 (As of Jul. 20, 2026) — 52% Below Median

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What is Johan Holdings Bhd Cyclically Adjusted PB Ratio?

Johan Holdings Bhd XKLS:3441 -20.00% Cyclically Adjusted PB Ratio is 0.10 as of Jul. 20, 2026, which is 52% below its 10-year median of 0.21. The stock has 1 warning sign investors should review. Among 327 Building Materials companies, Johan Holdings Bhd ranks better than 97.25% on this metric.

As of today (2026-07-20), Johan Holdings Bhd's current share price is RM0.02. Johan Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM0.21. Johan Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.10.

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

XKLS:3441' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.21   Max: 0.69
Current: 0.09

During the past years, Johan Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.09. And the median was 0.21.

XKLS:3441's Cyclically Adjusted PB Ratio is ranked better than
97.25% of 327 companies
in the Building Materials industry
Industry Median: 1.04 vs XKLS:3441: 0.09

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.

Johan Holdings Bhd's adjusted book value per share data for the three months ended in Apr. 2026 was RM0.128. 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 RM0.21 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johan Holdings Bhd  (XKLS:3441) 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.


Johan Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Johan Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Johan 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.

Johan Holdings Bhd Cyclically Adjusted PB Ratio Chart

Johan Holdings Bhd Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.23 0.21 0.22 0.13

Johan Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.13 0.13 0.14 0.12 0.12

XKLS:3441 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Johan 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.


Johan Holdings Bhd Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Johan Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Johan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.21
=0.10

* 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.

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

For example, Johan Holdings Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.128/333.0200*333.0200
=0.128

Current CPI (Apr. 2026) = 333.0200.

Johan Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201604 0.291 239.261 0.405
201607 0.281 240.628 0.389
201610 0.286 241.729 0.394
201701 0.287 242.839 0.394
201704 0.299 244.524 0.407
201707 0.286 244.786 0.389
201710 0.285 246.663 0.385
201801 0.257 247.867 0.345
201804 0.260 250.546 0.346
201807 0.164 252.006 0.217
201810 0.135 252.885 0.178
201901 0.114 251.712 0.151
201904 0.141 255.548 0.184
201907 0.121 256.571 0.157
201910 0.094 257.346 0.122
202001 0.087 257.971 0.112
202004 0.072 256.389 0.094
202007 0.061 259.101 0.078
202010 0.053 260.388 0.068
202104 0.049 267.054 0.061
202107 0.201 273.003 0.245
202110 0.203 276.589 0.244
202201 0.200 281.148 0.237
202204 0.198 289.109 0.228
202207 0.190 296.276 0.214
202210 0.192 298.012 0.215
202301 0.189 299.170 0.210
202304 0.172 303.363 0.189
202307 0.154 305.691 0.168
202310 0.153 307.671 0.166
202401 0.153 308.417 0.165
202404 0.146 313.548 0.155
202407 0.141 314.540 0.149
202410 0.138 315.664 0.146
202501 0.136 317.671 0.143
202504 0.145 320.795 0.151
202507 0.141 323.048 0.145
202510 0.137 0.000
202601 0.134 325.252 0.137
202604 0.128 333.020 0.128

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 0.10 mean?
Johan Holdings Bhd (XKLS:3441) has a Cyclically Adjusted PB Ratio of 0.10 as of Jul. 20, 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 Johan Holdings Bhd and its competitors. This is 52% below median its historical median of 0.21. Over the past decade, Johan Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.69. According to the industry distribution chart, Johan Holdings Bhd ranks #9 out of 327 companies in the Building Materials industry, placing it in the top 2.8%.
Is Johan Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Johan Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.10 is 52% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.69. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.04. Johan Holdings Bhd's value of 0.10 is 90.4% below this industry median. Based on the distribution chart, Johan Holdings Bhd ranks #9 out of 327 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers.
How does Johan Holdings Bhd's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Johan Holdings Bhd ranks #9 out of 327 companies for Cyclically Adjusted PB Ratio. This places Johan Holdings Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.04. Johan Holdings Bhd's value of 0.10 is 90.4% below this benchmark. Historically, Johan Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.69 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.04, Johan 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.04, based on 327 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. Johan Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.10 is 90.4% 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 Johan Holdings Bhd and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johan Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.10, which is 52% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johan Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Johan Holdings Bhd (XKLS:3441) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.08, compared to a current price of RM0.02 — trading 75% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 52% below median its 10-year median of 0.21 and 90.4% below the Building Materials industry median of 1.04. 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 Johan Holdings Bhd (XKLS:3441), the current Cyclically Adjusted PB Ratio is 0.10 as of Jul. 20, 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.

Johan Holdings Bhd Business Description

Address No. 2 Lorong Dungun Kiri, 11th Floor, Wisma E&C, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Johan Holdings Bhd is engaged in investment holding and the provision of management services to its subsidiaries, whose principal activities include manufacturing and dealing of rubber gloves and medical personal protection equipment, provision of secretarial and management services, general trading, and operation of hotel and resort related business. The Company operates through five reportable segments: general trading, property, hospitality and card services, investment holding and secretarial services, and healthcare products, with the majority of revenue derived from general trading. The Company operates in Malaysia.