Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Cyclically Adjusted PB Ratio: 0.38 (As of Jul. 29, 2026) — 73% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:3719 Panasonic Manufacturing Malaysia Bhd XKLS:3719
52 GF Score
Price RM5.99
GF Value RM13.16
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Panasonic Manufacturing Malaysia Bhd Cyclically Adjusted PB Ratio?

Panasonic Manufacturing Malaysia Bhd XKLS:3719 -1.64% 52 Cyclically Adjusted PB Ratio is 0.38 as of Jul. 29, 2026, which is 73% below its 10-year median of 1.42. GuruFocus rates XKLS:3719 with a GF Score™ of 52/100 and a GF Value™ of RM13.16 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 337 Furnishings, Fixtures & Appliances companies, Panasonic Manufacturing Malaysia Bhd ranks better than 82.49% on this metric.

As of today (2026-07-29), Panasonic Manufacturing Malaysia Bhd's current share price is RM5.99. Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM15.88. Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 0.38.

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

XKLS:3719' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.42   Max: 2.47
Current: 0.38

During the past years, Panasonic Manufacturing Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 0.33. And the median was 1.42.

XKLS:3719's Cyclically Adjusted PB Ratio is ranked better than
82.49% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.2 vs XKLS:3719: 0.38

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.

Panasonic Manufacturing Malaysia Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM12.729. 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 RM15.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Manufacturing Malaysia Bhd  (XKLS:3719) 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.


Panasonic Manufacturing Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms


Panasonic Manufacturing Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Panasonic Manufacturing Malaysia 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.

Panasonic Manufacturing Malaysia Bhd Cyclically Adjusted PB Ratio Chart

Panasonic Manufacturing Malaysia 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 1.95 1.50 1.16 0.86 0.45

Panasonic Manufacturing Malaysia 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 0.86 0.72 0.53 0.46 0.45

XKLS:3719 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Panasonic Manufacturing Malaysia 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.


Panasonic Manufacturing Malaysia Bhd Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:3719
52GF Score
Panasonic Manufacturing Malaysia Bhd XKLS:3719
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic Manufacturing Malaysia 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.

Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.99/15.88
=0.38

* 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.

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

For example, Panasonic Manufacturing Malaysia 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)
=12.729/330.2130*330.2130
=12.729

Current CPI (Mar. 2026) = 330.2130.

Panasonic Manufacturing Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.456 241.018 18.436
201609 12.723 241.428 17.402
201612 13.238 241.432 18.106
201703 13.528 243.801 18.323
201706 14.180 244.955 19.115
201709 13.549 246.819 18.127
201712 14.251 246.524 19.089
201803 14.515 249.554 19.206
201806 14.929 251.989 19.563
201809 13.161 252.439 17.216
201812 13.556 251.233 17.818
201903 13.776 254.202 17.895
201906 14.222 256.143 18.335
201909 12.698 256.759 16.331
201912 13.093 256.974 16.825
202003 13.442 258.115 17.197
202006 13.400 257.797 17.164
202009 12.229 260.280 15.515
202012 12.779 260.474 16.200
202103 13.379 264.877 16.679
202106 13.673 271.696 16.618
202109 12.237 274.310 14.731
202112 12.487 278.802 14.790
202203 12.597 287.504 14.468
202206 12.785 296.311 14.248
202209 12.807 296.808 14.248
202212 13.115 296.797 14.592
202303 13.086 301.836 14.316
202306 13.422 305.109 14.526
202309 12.736 307.789 13.664
202312 13.252 306.746 14.266
202403 13.391 312.332 14.158
202406 13.684 314.175 14.383
202409 12.515 315.301 13.107
202412 12.797 315.605 13.389
202503 12.791 319.799 13.208
202506 12.919 322.561 13.225
202509 12.617 324.800 12.827
202512 12.817 324.054 13.061
202603 12.729 330.213 12.729

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 0.38 mean?
Panasonic Manufacturing Malaysia Bhd (XKLS:3719) has a Cyclically Adjusted PB Ratio of 0.38 as of Jul. 29, 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 Panasonic Manufacturing Malaysia Bhd and its competitors. This is 73% below median its historical median of 1.42. Over the past decade, Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.47. According to the industry distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #59 out of 337 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 17.5%.
Is Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted PB Ratio too high?
Panasonic Manufacturing Malaysia Bhd's current Cyclically Adjusted PB Ratio of 0.38 is 73% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.47. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Panasonic Manufacturing Malaysia Bhd's value of 0.38 is 68.3% below this industry median. Based on the distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #59 out of 337 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Manufacturing Malaysia Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Panasonic Manufacturing Malaysia Bhd's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #59 out of 337 companies for Cyclically Adjusted PB Ratio. This places Panasonic Manufacturing Malaysia Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Panasonic Manufacturing Malaysia Bhd's value of 0.38 is 68.3% below this benchmark. Historically, Panasonic Manufacturing Malaysia Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.47 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.20, Panasonic Manufacturing Malaysia 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 337 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. Panasonic Manufacturing Malaysia Bhd's current Cyclically Adjusted PB Ratio of 0.38 is 68.3% 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 Panasonic Manufacturing Malaysia Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Manufacturing Malaysia Bhd's current Cyclically Adjusted PB Ratio is 0.38, which is 73% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Manufacturing Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Manufacturing Malaysia Bhd (XKLS:3719) is currently considered Possible Value Trap. The stock's GF Value™ is RM13.16, compared to a current price of RM5.99 — trading 54.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 73% below median its 10-year median of 1.42 and 68.3% below the Furnishings, Fixtures & Appliances industry median of 1.20. Panasonic Manufacturing Malaysia Bhd's overall GF Score™ is 52/100 with 4 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 Panasonic Manufacturing Malaysia Bhd (XKLS:3719), the current Cyclically Adjusted PB Ratio is 0.38 as of Jul. 29, 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 Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Manufacturing Malaysia Bhd stock appears to be undervalued. The current stock price of RM5.99 is trading 54.5% below its estimated GF Value™ of RM13.16. GuruFocus considers Panasonic Manufacturing Malaysia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3719:

  • Cyclically Adjusted PB Ratio: 0.38 (73% below median its 10-year median of 1.42)
  • GF Value™: RM13.16 vs. price of RM5.99 (54.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 68.3% below the Furnishings, Fixtures & Appliances median (#59 of 337)

No single metric tells the full story. See the XKLS:3719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Manufacturing Malaysia Bhd Business Description

Address No. 3, Jalan Sesiku 15/2, Section 15, Shah Alam Industrial Site, Shah Alam, SGR, MYS, 40200
Panasonic Manufacturing Malaysia Bhd is engaged in the manufacture and sale of electrical home appliances and related components. The business activity of the group is breakdown into two segments namely home appliances and Life Solutions. Geographically it operates in the region of Malaysia, Japan, Asia (excluding Malaysia and Japan), Europe, the Middle East, and Others. The company's segment consists of Living appliances and solutions; and Heating and Ventilation A/C. The company generates the majority of its revenue from Heating and Ventilation A/C.
52GF Score

Get the complete analysis for XKLS:3719

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

RM5.99
Price
RM13.16
GF Value