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PBA Holdings BhdXKLS:5041 78 Cyclically Adjusted PB Ratio is 0.65 as of Jul. 25, 2026, which is 81% above its 10-year median of 0.36. GuruFocus rates XKLS:5041 with a GF Score™ of 78/100 and a GF Value™ of RM2.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 441 Utilities - Regulated companies, PBA Holdings Bhd ranks better than 78.91% on this metric.
The historical rank and industry rank for PBA Holdings Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:
XKLS:5041'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.36 Max: 0.93
Current: 0.66
During the past years, PBA Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.26. And the median was 0.36.
XKLS:5041's Cyclically Adjusted PB Ratio is ranked better than 78.91% of 441
companies
in the Utilities - Regulated industry
Industry Median: 1.55
vs XKLS:5041: 0.66
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.
PBA Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM3.644. 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 RM3.06 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PBA Holdings Bhd (XKLS:5041) 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.
PBA Holdings Bhd Cyclically Adjusted PB Ratio Related Terms
PBA Holdings Bhd Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for PBA 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.
PBA Holdings Bhd Cyclically Adjusted PB Ratio Chart
XKLS:5041 vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison
For the Utilities - Regulated Water subindustry, PBA 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.
PBA Holdings Bhd Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, PBA Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PBA Holdings Bhd's Cyclically Adjusted PB Ratio falls into.
PBA 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.
PBA Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.65 mean?
PBA Holdings Bhd (XKLS:5041) has a Cyclically Adjusted PB Ratio of 0.65 as of Jul. 25, 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 PBA Holdings Bhd and its competitors. This is 81% above median its historical median of 0.36. Over the past decade, PBA Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.26 to 0.93. According to the industry distribution chart, PBA Holdings Bhd ranks #93 out of 441 companies in the Utilities - Regulated industry, placing it in the top 21.1%.
Is PBA Holdings Bhd's Cyclically Adjusted PB Ratio too high?
PBA Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.65 is 81% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.93. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.55. PBA Holdings Bhd's value of 0.65 is 58.1% below this industry median. Based on the distribution chart, PBA Holdings Bhd ranks #93 out of 441 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, PBA Holdings Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PBA Holdings Bhd's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, PBA Holdings Bhd ranks #93 out of 441 companies for Cyclically Adjusted PB Ratio. This places PBA Holdings Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.55. PBA Holdings Bhd's value of 0.65 is 58.1% below this benchmark. Historically, PBA Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.26 to 0.93 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.55, PBA 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.55, based on 441 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. PBA Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.65 is 58.1% 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 PBA Holdings Bhd and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBA Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.65, which is 81% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBA Holdings Bhd (XKLS:5041) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.32, compared to a current price of RM1.98 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 81% above median its 10-year median of 0.36 and 58.1% below the Utilities - Regulated industry median of 1.55. PBA Holdings Bhd's overall GF Score™ is 78/100 with 2 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 PBA Holdings Bhd (XKLS:5041), the current Cyclically Adjusted PB Ratio is 0.65 as of Jul. 25, 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 PBA Holdings Bhd (XKLS:5041) Overvalued in 2026?
Based on GuruFocus' analysis, PBA Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.98 is trading 14.7% below its estimated GF Value™ of RM2.32.
GuruFocus considers PBA Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5041:
Cyclically Adjusted PB Ratio: 0.65 (81% above median its 10-year median of 0.36)
GF Value™: RM2.32 vs. price of RM1.98 (14.7% below fair value)
Industry Position: 58.1% below the Utilities - Regulated median (#93 of 441)
No single metric tells the full story. See the XKLS:5041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PBA Holdings Bhd is an investment holding company. Its primary business is to sustain continuous good water supply in Penang. With population growth and increasing socio-economic development, It has to employ holistic water supply management strategies. It manage both water demand and supply in a water-stressed state. The group has one reportable segment, which is the abstraction of raw water, treatment of water, supply and sale of treated water to consumers in the State of Penang. The company operated solely in Penang, Malaysia. The company through its subsidiaries is engaged in the abstraction of raw water, treatment of water, and supply and sale of treated water to consumers in the State of Penang. It operates geographically in Malaysia.
78GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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