Maxim Global Bhd (XKLS:4022) Cyclically Adjusted PB Ratio: 0.25 (As of Sep. 02, 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:4022 Maxim Global Bhd XKLS:4022
29 GF Score
Price RM0.26
GF Value RM0.44
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Maxim Global Bhd Cyclically Adjusted PB Ratio?

Maxim Global Bhd XKLS:4022 +1.96% 29 Cyclically Adjusted PB Ratio is 0.25 as of Sep. 02, 2026, which is 29% below its 10-year median of 0.35. GuruFocus rates XKLS:4022 with a GF Score™ of 29/100 and a GF Value™ of RM0.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,301 Real Estate companies, Maxim Global Bhd ranks better than 75.1% on this metric.

As of today (2026-09-02), Maxim Global Bhd's current share price is RM0.26. Maxim Global Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM1.04. Maxim Global Bhd's Cyclically Adjusted PB Ratio for today is 0.25.

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

XKLS:4022' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.56
Current: 0.27

During the past years, Maxim Global Bhd's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.24. And the median was 0.35.

XKLS:4022's Cyclically Adjusted PB Ratio is ranked better than
75.1% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs XKLS:4022: 0.27

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.

Maxim Global Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.761. 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 RM1.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxim Global Bhd  (XKLS:4022) 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.


Maxim Global Bhd Cyclically Adjusted PB Ratio Related Terms


Maxim Global Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maxim Global 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.

Maxim Global Bhd Cyclically Adjusted PB Ratio Chart

Maxim Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.35 0.35 0.28 0.36

Maxim Global Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.36 0.33 0.36 0.28 0.26

Maxim Global Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Maxim Global 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.


Maxim Global Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XKLS:4022
29GF Score
Maxim Global Bhd XKLS:4022
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxim Global 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26/1.04
=0.25

* 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.

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

For example, Maxim Global Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.761/333.9520*333.9520
=0.761

Current CPI (Jun. 2026) = 333.9520.

Maxim Global Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.041 241.428 1.440
201612 1.024 241.432 1.416
201703 1.241 243.801 1.700
201706 1.181 244.955 1.610
201709 1.107 246.819 1.498
201712 1.093 246.524 1.481
201803 0.865 249.554 1.158
201806 0.927 251.989 1.229
201809 0.940 252.439 1.244
201812 0.948 251.233 1.260
201903 0.960 254.202 1.261
201906 0.975 256.143 1.271
201909 0.981 256.759 1.276
201912 1.011 256.974 1.314
202003 1.051 258.115 1.360
202006 1.054 257.797 1.365
202009 1.148 260.280 1.473
202012 0.684 260.474 0.877
202103 0.700 264.877 0.883
202106 0.719 271.696 0.884
202109 0.726 274.310 0.884
202112 0.709 278.802 0.849
202203 0.710 287.504 0.825
202206 0.711 296.311 0.801
202209 0.715 296.808 0.804
202212 0.743 296.797 0.836
202303 0.745 301.836 0.824
202306 0.755 305.109 0.826
202309 0.700 307.789 0.760
202312 0.675 306.746 0.735
202403 0.686 312.332 0.733
202406 0.686 314.175 0.729
202409 0.692 315.301 0.733
202412 0.702 315.605 0.743
202503 0.716 319.799 0.748
202506 0.727 322.561 0.753
202509 0.734 324.800 0.755
202512 0.749 324.054 0.772
202603 0.755 330.213 0.764
202606 0.761 333.952 0.761

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 0.25 mean?
Maxim Global Bhd (XKLS:4022) has a Cyclically Adjusted PB Ratio of 0.25 as of Sep. 02, 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 Maxim Global Bhd and its competitors. This is 29% below median its historical median of 0.35. Over the past decade, Maxim Global Bhd's Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.56. According to the industry distribution chart, Maxim Global Bhd ranks #324 out of 1301 companies in the Real Estate industry, placing it in the top 24.9%.
Is Maxim Global Bhd's Cyclically Adjusted PB Ratio too high?
Maxim Global Bhd's current Cyclically Adjusted PB Ratio of 0.25 is 29% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.56. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Maxim Global Bhd's value of 0.25 is 62.7% below this industry median. Based on the distribution chart, Maxim Global Bhd ranks #324 out of 1301 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Maxim Global Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maxim Global Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Maxim Global Bhd ranks #324 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Maxim Global Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. Maxim Global Bhd's value of 0.25 is 62.7% below this benchmark. Historically, Maxim Global Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.56 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.67, Maxim Global 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 0.67, based on 1,301 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. Maxim Global Bhd's current Cyclically Adjusted PB Ratio of 0.25 is 62.7% 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 Maxim Global Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxim Global Bhd's current Cyclically Adjusted PB Ratio is 0.25, which is 29% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxim Global Bhd (XKLS:4022) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.44, compared to a current price of RM0.26 — trading 40.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 29% below median its 10-year median of 0.35 and 62.7% below the Real Estate industry median of 0.67. Maxim Global Bhd's overall GF Score™ is 29/100 with 7 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 Maxim Global Bhd (XKLS:4022), the current Cyclically Adjusted PB Ratio is 0.25 as of Sep. 02, 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 Maxim Global Bhd (XKLS:4022) Overvalued in 2026?

Based on GuruFocus' analysis, Maxim Global Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 40.9% below its estimated GF Value™ of RM0.44. GuruFocus considers Maxim Global Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4022:

  • Cyclically Adjusted PB Ratio: 0.25 (29% below median its 10-year median of 0.35)
  • GF Value™: RM0.44 vs. price of RM0.26 (40.9% below fair value)
  • GF Score™: 29/100 with 7 warning signs
  • Industry Position: 62.7% below the Real Estate median (#324 of 1301)

No single metric tells the full story. See the XKLS:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxim Global Bhd Business Description

Address No. 2D, Jalan SS 6/6, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Maxim Global Bhd is mainly engaged in property development and construction activities, with all projects located in the central and southern regions of Peninsular Malaysia. The Group's reportable operating segments include property development and construction, which generates maximum revenue, investment holding, and others including inactive group entities. Its completed projects include Mizumi Residences, Residensi Metro Kepong, Ganggarak Permai, and Residensi The Address. The Group generates maximum revenue from Malaysia.
29GF Score

Get the complete analysis for XKLS:4022

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

RM0.26
Price
RM0.44
GF Value