OSK Holdings Bhd (XKLS:5053) Cyclically Adjusted PB Ratio: 0.95 (As of Jul. 28, 2026) — 116% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5053 OSK Holdings Bhd XKLS:5053
75 GF Score
Price RM1.95
GF Value RM1.41
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is OSK Holdings Bhd Cyclically Adjusted PB Ratio?

OSK Holdings Bhd XKLS:5053 -1.02% 75 Cyclically Adjusted PB Ratio is 0.95 as of Jul. 28, 2026, which is 116% above its 10-year median of 0.44. GuruFocus rates XKLS:5053 with a GF Score™ of 75/100 and a GF Value™ of RM1.41 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,426 Real Estate companies, OSK Holdings Bhd ranks worse than 62.69% on this metric.

As of today (2026-07-28), OSK Holdings Bhd's current share price is RM1.95. OSK Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.05. OSK Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.95.

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

XKLS:5053' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.44   Max: 0.98
Current: 0.96

During the past years, OSK Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.33. And the median was 0.44.

XKLS:5053's Cyclically Adjusted PB Ratio is ranked worse than
62.69% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs XKLS:5053: 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.

OSK Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM2.242. 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 RM2.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OSK Holdings Bhd  (XKLS:5053) 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.


OSK Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


OSK Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OSK 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.

OSK Holdings Bhd Cyclically Adjusted PB Ratio Chart

OSK Holdings 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 0.38 0.37 0.46 0.62 0.80

OSK Holdings 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 0.61 0.59 0.69 0.80 0.77

OSK Holdings Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, OSK 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.


OSK Holdings Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XKLS:5053
75GF Score
OSK Holdings Bhd XKLS:5053
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OSK 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.

OSK Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.95/2.05
=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.

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

For example, OSK Holdings 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)
=2.242/330.2130*330.2130
=2.242

Current CPI (Mar. 2026) = 330.2130.

OSK Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.337 241.018 1.832
201609 1.363 241.428 1.864
201612 1.380 241.432 1.887
201703 1.404 243.801 1.902
201706 1.399 244.955 1.886
201709 1.458 246.819 1.951
201712 1.457 246.524 1.952
201803 1.428 249.554 1.890
201806 1.422 251.989 1.863
201809 1.451 252.439 1.898
201812 1.476 251.233 1.940
201903 1.516 254.202 1.969
201906 1.536 256.143 1.980
201909 1.579 256.759 2.031
201912 1.605 256.974 2.062
202003 1.611 258.115 2.061
202006 1.666 257.797 2.134
202009 1.685 260.280 2.138
202012 1.712 260.474 2.170
202103 1.721 264.877 2.146
202106 1.739 271.696 2.114
202109 1.743 274.310 2.098
202112 1.768 278.802 2.094
202203 1.785 287.504 2.050
202206 1.767 296.311 1.969
202209 1.799 296.808 2.001
202212 1.837 296.797 2.044
202303 1.885 301.836 2.062
202306 1.916 305.109 2.074
202309 1.948 307.789 2.090
202312 1.979 306.746 2.130
202403 2.018 312.332 2.134
202406 2.035 314.175 2.139
202409 2.057 315.301 2.154
202412 2.078 315.605 2.174
202503 2.125 319.799 2.194
202506 2.147 322.561 2.198
202509 2.198 324.800 2.235
202512 2.207 324.054 2.249
202603 2.242 330.213 2.242

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?
OSK Holdings Bhd (XKLS:5053) has a Cyclically Adjusted PB Ratio of 0.95 as of Jul. 28, 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 OSK Holdings Bhd and its competitors. This is 116% above median its historical median of 0.44. Over the past decade, OSK Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.98. According to the industry distribution chart, OSK Holdings Bhd ranks #894 out of 1426 companies in the Real Estate industry, placing it in the top 62.7%.
Is OSK Holdings Bhd's Cyclically Adjusted PB Ratio too high?
OSK Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.95 is 116% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.98. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. OSK Holdings Bhd's value of 0.95 is 37.7% above this industry median. Based on the distribution chart, OSK Holdings Bhd ranks #894 out of 1426 companies in the Real Estate industry, which is below the industry midpoint. Overall, OSK Holdings Bhd has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OSK Holdings Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, OSK Holdings Bhd ranks #894 out of 1426 companies for Cyclically Adjusted PB Ratio. This places OSK Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. OSK Holdings Bhd's value of 0.95 is 37.7% above this benchmark. Historically, OSK Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.98 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.69, OSK Holdings Bhd has consistently been above 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 0.69, based on 1,426 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. OSK Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.95 is 37.7% above 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 OSK Holdings Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OSK Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.95, which is 116% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OSK Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, OSK Holdings Bhd (XKLS:5053) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.41, compared to a current price of RM1.95 — trading 38.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 116% above median its 10-year median of 0.44 and 37.7% above the Real Estate industry median of 0.69. OSK Holdings Bhd's overall GF Score™ is 75/100 with 10 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 OSK Holdings Bhd (XKLS:5053), the current Cyclically Adjusted PB Ratio is 0.95 as of Jul. 28, 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 OSK Holdings Bhd (XKLS:5053) Overvalued in 2026?

Based on GuruFocus' analysis, OSK Holdings Bhd stock appears to be overvalued. The current stock price of RM1.95 is trading 38.3% above its estimated GF Value™ of RM1.41. GuruFocus considers OSK Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5053:

  • Cyclically Adjusted PB Ratio: 0.95 (116% above median its 10-year median of 0.44)
  • GF Value™: RM1.41 vs. price of RM1.95 (38.3% above fair value)
  • GF Score™: 75/100 with 10 warning signs
  • Industry Position: 37.7% above the Real Estate median (#894 of 1426)

No single metric tells the full story. See the XKLS:5053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OSK Holdings Bhd Business Description

Address Jalan Ampang, 21st Floor, Plaza OSK, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450
OSK Holdings Bhd is an investment holding company with a focus on core areas of business: Property segment; Financial services segment; Industries segment; Hospitality segment and Investment Holding. It derives maximum revenue from Property Segment, which involves development and construction of residential and commercial properties for sale, provision of project management services, management and letting of properties, contributing to rental yield and property appreciation, and cultivation and sale of oil palm fresh fruit bunches and other agricultural produce. Alongside its real estate engagements, OSK engages in the manufacturing and trading of cable and wire products, wall panels, and building materials.
75GF Score

Get the complete analysis for XKLS:5053

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

RM1.95
Price
RM1.41
GF Value