Malayan United Industries Bhd (XKLS:3891) Cyclically Adjusted PB Ratio: 0.24 (As of Jul. 26, 2026) — 20% Below Median

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What is Malayan United Industries Bhd Cyclically Adjusted PB Ratio?

Malayan United Industries Bhd XKLS:3891 Cyclically Adjusted PB Ratio is 0.24 as of Jul. 26, 2026, which is 20% below its 10-year median of 0.30. The stock has 5 warning signs investors should review. Among 647 Travel & Leisure companies, Malayan United Industries Bhd ranks better than 88.41% on this metric.

As of today (2026-07-26), Malayan United Industries Bhd's current share price is RM0.045. Malayan United Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.19. Malayan United Industries Bhd's Cyclically Adjusted PB Ratio for today is 0.24.

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

XKLS:3891' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.3   Max: 0.45
Current: 0.24

During the past years, Malayan United Industries Bhd's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.22. And the median was 0.30.

XKLS:3891's Cyclically Adjusted PB Ratio is ranked better than
88.41% of 647 companies
in the Travel & Leisure industry
Industry Median: 1.19 vs XKLS:3891: 0.24

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.

Malayan United Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.187. 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 RM0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malayan United Industries Bhd  (XKLS:3891) 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.


Malayan United Industries Bhd Cyclically Adjusted PB Ratio Related Terms


Malayan United Industries Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Malayan United Industries 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.

Malayan United Industries Bhd Cyclically Adjusted PB Ratio Chart

Malayan United Industries Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.24 0.27 0.34 0.25

Malayan United Industries 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 0.30 0.25 0.33 0.26 0.24

XKLS:3891 vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Malayan United Industries 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.


Malayan United Industries Bhd Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Malayan United Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malayan United Industries 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.

Malayan United Industries Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.045/0.19
=0.24

* 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.

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

For example, Malayan United Industries 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)
=0.187/330.2130*330.2130
=0.187

Current CPI (Mar. 2026) = 330.2130.

Malayan United Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.272 238.132 0.377
201609 0.244 241.428 0.334
201612 0.256 241.432 0.350
201703 0.249 243.801 0.337
201706 0.213 244.955 0.287
201709 0.206 246.819 0.276
201712 0.198 246.524 0.265
201803 0.185 249.554 0.245
201806 0.183 251.989 0.240
201809 0.171 252.439 0.224
201812 0.168 251.233 0.221
201903 0.160 254.202 0.208
201906 0.128 256.143 0.165
201909 0.126 256.759 0.162
201912 0.120 256.974 0.154
202003 0.078 258.115 0.100
202006 0.064 257.797 0.082
202009 0.064 260.280 0.081
202012 0.060 260.474 0.076
202103 0.046 264.877 0.057
202106 0.033 271.696 0.040
202109 0.029 274.310 0.035
202112 0.027 278.802 0.032
202203 0.026 287.504 0.030
202206 0.019 296.311 0.021
202209 0.020 296.808 0.022
202212 0.027 296.797 0.030
202303 0.020 301.836 0.022
202306 0.313 305.109 0.339
202309 0.309 307.789 0.332
202312 0.315 306.746 0.339
202403 0.307 312.332 0.325
202406 0.251 314.175 0.264
202409 0.241 315.301 0.252
202412 0.230 315.605 0.241
202503 0.221 319.799 0.228
202506 0.202 322.561 0.207
202509 0.214 324.800 0.218
202512 0.203 324.054 0.207
202603 0.187 330.213 0.187

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 0.24 mean?
Malayan United Industries Bhd (XKLS:3891) has a Cyclically Adjusted PB Ratio of 0.24 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 Malayan United Industries Bhd and its competitors. This is 20% below median its historical median of 0.30. Over the past decade, Malayan United Industries Bhd's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.45. According to the industry distribution chart, Malayan United Industries Bhd ranks #75 out of 647 companies in the Travel & Leisure industry, placing it in the top 11.6%.
Is Malayan United Industries Bhd's Cyclically Adjusted PB Ratio too high?
Malayan United Industries Bhd's current Cyclically Adjusted PB Ratio of 0.24 is 20% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.45. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. Malayan United Industries Bhd's value of 0.24 is 79.8% below this industry median. Based on the distribution chart, Malayan United Industries Bhd ranks #75 out of 647 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Malayan United Industries Bhd's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Malayan United Industries Bhd ranks #75 out of 647 companies for Cyclically Adjusted PB Ratio. This places Malayan United Industries Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.19. Malayan United Industries Bhd's value of 0.24 is 79.8% below this benchmark. Historically, Malayan United Industries Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.45 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.19, Malayan United Industries 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.19, based on 647 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. Malayan United Industries Bhd's current Cyclically Adjusted PB Ratio of 0.24 is 79.8% 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 Malayan United Industries Bhd and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malayan United Industries Bhd's current Cyclically Adjusted PB Ratio is 0.24, which is 20% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan United Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan United Industries Bhd (XKLS:3891) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.11, compared to a current price of RM0.05 — trading 59.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.24, which is 20% below median its 10-year median of 0.30 and 79.8% below the Travel & Leisure industry median of 1.19. 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 Malayan United Industries Bhd (XKLS:3891), the current Cyclically Adjusted PB Ratio is 0.24 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.

Malayan United Industries Bhd Business Description

Address 189 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450
Malayan United Industries Bhd is a Malaysia-based investment holding company. The company through its associate design, manufacture, source, distributes and sells garments, accessories and home furnishings products. The company's operating segment includes Retailing; Hotel; Food; Fast Food Chain; Property; and others. It generates maximum revenue from the Fast Food Chain segment. Hotel segment includes operating chain of restaurants. Geographically, it derives a majority of revenue from Malaysia, and has its presence in Asia-Pacific, Australia, North America, and United Kingdom.