Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Cyclically Adjusted PB Ratio: 0.95 (As of Aug. 01, 2026) — 12% Below Median

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XKLS:5008 Harrisons Holdings (Malaysia) Bhd XKLS:5008
66 GF Score
Price RM1.23
GF Value RM1.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted PB Ratio?

Harrisons Holdings (Malaysia) Bhd XKLS:5008 66 Cyclically Adjusted PB Ratio is 0.95 as of Aug. 01, 2026, which is 12% below its 10-year median of 1.08. GuruFocus rates XKLS:5008 with a GF Score™ of 66/100 and a GF Value™ of RM1.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 126 Industrial Distribution companies, Harrisons Holdings (Malaysia) Bhd ranks better than 59.52% on this metric.

As of today (2026-08-01), Harrisons Holdings (Malaysia) Bhd's current share price is RM1.23. Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.29. Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio for today is 0.95.

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

XKLS:5008' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.08   Max: 1.8
Current: 0.96

During the past years, Harrisons Holdings (Malaysia) Bhd's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.75. And the median was 1.08.

XKLS:5008's Cyclically Adjusted PB Ratio is ranked better than
59.52% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.325 vs XKLS:5008: 0.96

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.

Harrisons Holdings (Malaysia) Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.438. 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 RM1.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted PB Ratio Related Terms


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harrisons Holdings (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.

Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted PB Ratio Chart

Harrisons Holdings (Malaysia) 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 0.94 1.21 1.51 1.29 0.96

Harrisons Holdings (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 1.19 1.16 1.00 0.96 0.90

XKLS:5008 vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Harrisons Holdings (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.


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5008
66GF Score
Harrisons Holdings (Malaysia) Bhd XKLS:5008
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harrisons Holdings (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.

Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.23/1.29
=0.95

* 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.

Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Harrisons Holdings (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)
=1.438/330.2130*330.2130
=1.438

Current CPI (Mar. 2026) = 330.2130.

Harrisons Holdings (Malaysia) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.880 241.018 1.206
201609 0.866 241.428 1.184
201612 0.877 241.432 1.199
201703 0.897 243.801 1.215
201706 0.915 244.955 1.233
201709 0.879 246.819 1.176
201712 0.891 246.524 1.193
201803 0.908 249.554 1.201
201806 0.924 251.989 1.211
201809 0.909 252.439 1.189
201812 0.898 251.233 1.180
201903 0.914 254.202 1.187
201906 0.934 256.143 1.204
201909 0.914 256.759 1.175
201912 0.928 256.974 1.192
202003 0.942 258.115 1.205
202006 0.962 257.797 1.232
202009 0.949 260.280 1.204
202012 0.974 260.474 1.235
202103 1.004 264.877 1.252
202106 1.034 271.696 1.257
202109 1.037 274.310 1.248
202112 1.074 278.802 1.272
202203 1.113 287.504 1.278
202206 1.163 296.311 1.296
202209 1.153 296.808 1.283
202212 1.212 296.797 1.348
202303 1.260 301.836 1.378
202306 1.319 305.109 1.428
202309 1.257 307.789 1.349
202312 1.313 306.746 1.413
202403 1.358 312.332 1.436
202406 1.393 314.175 1.464
202409 1.314 315.301 1.376
202412 1.338 315.605 1.400
202503 1.378 319.799 1.423
202506 1.407 322.561 1.440
202509 1.372 324.800 1.395
202512 1.398 324.054 1.425
202603 1.438 330.213 1.438

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 0.95 mean?
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Cyclically Adjusted PB Ratio of 0.95 as of Aug. 01, 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 Harrisons Holdings (Malaysia) Bhd and its competitors. This is 12% below median its historical median of 1.08. Over the past decade, Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.80. According to the industry distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #51 out of 126 companies in the Industrial Distribution industry, placing it in the top 40.5%.
Is Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio too high?
Harrisons Holdings (Malaysia) Bhd's current Cyclically Adjusted PB Ratio of 0.95 is 12% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.80. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.33. Harrisons Holdings (Malaysia) Bhd's value of 0.95 is 28.3% below this industry median. Based on the distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #51 out of 126 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #51 out of 126 companies for Cyclically Adjusted PB Ratio. This puts Harrisons Holdings (Malaysia) Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.33. Harrisons Holdings (Malaysia) Bhd's value of 0.95 is 28.3% below this benchmark. Historically, Harrisons Holdings (Malaysia) Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.80 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.33, Harrisons Holdings (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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.33, based on 126 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. Harrisons Holdings (Malaysia) Bhd's current Cyclically Adjusted PB Ratio of 0.95 is 28.3% 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 Harrisons Holdings (Malaysia) Bhd and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrisons Holdings (Malaysia) Bhd's current Cyclically Adjusted PB Ratio is 0.95, which is 12% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.23 — trading 24.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 12% below median its 10-year median of 1.08 and 28.3% below the Industrial Distribution industry median of 1.33. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 66/100 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Cyclically Adjusted PB Ratio is 0.95 as of Aug. 01, 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued. The current stock price of RM1.23 is trading 24.5% below its estimated GF Value™ of RM1.63. GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5008:

  • Cyclically Adjusted PB Ratio: 0.95 (12% below median its 10-year median of 1.08)
  • GF Value™: RM1.63 vs. price of RM1.23 (24.5% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 28.3% below the Industrial Distribution median (#51 of 126)

No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harrisons Holdings (Malaysia) Bhd Business Description

Address 10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
66GF Score

Get the complete analysis for XKLS:5008

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

RM1.23
Price
RM1.63
GF Value