Alam Maritim Resources Bhd (XKLS:5115) Cyclically Adjusted PB Ratio: 0.09 (As of Jul. 26, 2026) — 80% Above Median

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XKLS:5115 Alam Maritim Resources Bhd XKLS:5115
29 GF Score
Price RM0.27
GF Value RM0.17
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Alam Maritim Resources Bhd Cyclically Adjusted PB Ratio?

Alam Maritim Resources Bhd XKLS:5115 29 Cyclically Adjusted PB Ratio is 0.09 as of Jul. 26, 2026, which is 80% above its 10-year median of 0.05. GuruFocus rates XKLS:5115 with a GF Score™ of 29/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 766 Oil & Gas companies, Alam Maritim Resources Bhd ranks better than 94.52% on this metric.

As of today (2026-07-26), Alam Maritim Resources Bhd's current share price is RM0.27. Alam Maritim Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.97. Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio for today is 0.09.

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

XKLS:5115' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.14
Current: 0.09

During the past years, Alam Maritim Resources Bhd's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.03. And the median was 0.05.

XKLS:5115's Cyclically Adjusted PB Ratio is ranked better than
94.52% of 766 companies
in the Oil & Gas industry
Industry Median: 1.215 vs XKLS:5115: 0.09

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.

Alam Maritim Resources Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.241. 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 RM2.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alam Maritim Resources Bhd  (XKLS:5115) 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.


Alam Maritim Resources Bhd Cyclically Adjusted PB Ratio Related Terms


Alam Maritim Resources Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alam Maritim Resources 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.

Alam Maritim Resources Bhd Cyclically Adjusted PB Ratio Chart

Alam Maritim Resources Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.03 0.04 0.06 0.05

Alam Maritim Resources Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 0.06 0.05 0.05 0.09 0.09

XKLS:5115 vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.


Alam Maritim Resources Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5115
29GF Score
Alam Maritim Resources Bhd XKLS:5115
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alam Maritim Resources 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.

Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.27/2.97
=0.09

* 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.

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

For example, Alam Maritim Resources 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)
=0.241/330.2130*330.2130
=0.241

Current CPI (Mar. 2026) = 330.2130.

Alam Maritim Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 7.135 238.132 9.894
201606 7.197 241.018 9.860
201609 7.180 241.428 9.820
201612 6.175 241.432 8.446
201703 6.068 243.801 8.219
201706 6.076 244.955 8.191
201709 6.006 246.819 8.035
201712 4.969 246.524 6.656
201803 4.865 249.554 6.437
201806 4.785 251.989 6.270
201809 4.608 252.439 6.028
201812 3.344 251.233 4.395
201903 3.240 254.202 4.209
201906 3.199 256.143 4.124
201909 3.132 256.759 4.028
201912 2.462 256.974 3.164
202003 2.206 258.115 2.822
202006 1.962 257.797 2.513
202009 1.878 260.280 2.383
202012 1.343 260.474 1.703
202103 1.256 264.877 1.566
202106 1.193 271.696 1.450
202109 1.094 274.310 1.317
202112 0.465 278.802 0.551
202203 0.411 287.504 0.472
202209 -0.353 296.808 -0.393
202212 -0.305 296.797 -0.339
202303 -0.364 301.836 -0.398
202306 -0.705 305.109 -0.763
202309 -0.252 307.789 -0.270
202312 -0.239 306.746 -0.257
202403 -0.146 312.332 -0.154
202406 -0.439 314.175 -0.461
202409 -0.089 315.301 -0.093
202412 -0.470 315.605 -0.492
202503 -0.366 319.799 -0.378
202506 -0.280 322.561 -0.287
202509 0.188 324.800 0.191
202512 0.230 324.054 0.234
202603 0.241 330.213 0.241

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 0.09 mean?
Alam Maritim Resources Bhd (XKLS:5115) has a Cyclically Adjusted PB Ratio of 0.09 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 Alam Maritim Resources Bhd and its competitors. This is 80% above median its historical median of 0.05. Over the past decade, Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.14. According to the industry distribution chart, Alam Maritim Resources Bhd ranks #42 out of 766 companies in the Oil & Gas industry, placing it in the top 5.5%.
Is Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio too high?
Alam Maritim Resources Bhd's current Cyclically Adjusted PB Ratio of 0.09 is 80% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.14. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.22. Alam Maritim Resources Bhd's value of 0.09 is 92.6% below this industry median. Based on the distribution chart, Alam Maritim Resources Bhd ranks #42 out of 766 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Alam Maritim Resources Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Alam Maritim Resources Bhd ranks #42 out of 766 companies for Cyclically Adjusted PB Ratio. This places Alam Maritim Resources Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.22. Alam Maritim Resources Bhd's value of 0.09 is 92.6% below this benchmark. Historically, Alam Maritim Resources Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.14 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 1.22, Alam Maritim Resources 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.22, based on 766 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. Alam Maritim Resources Bhd's current Cyclically Adjusted PB Ratio of 0.09 is 92.6% 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 Alam Maritim Resources Bhd and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alam Maritim Resources Bhd's current Cyclically Adjusted PB Ratio is 0.09, which is 80% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alam Maritim Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd (XKLS:5115) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.27 — trading 58.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 80% above median its 10-year median of 0.05 and 92.6% below the Oil & Gas industry median of 1.22. Alam Maritim Resources Bhd's overall GF Score™ is 29/100 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 Alam Maritim Resources Bhd (XKLS:5115), the current Cyclically Adjusted PB Ratio is 0.09 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.

Is Alam Maritim Resources Bhd (XKLS:5115) Overvalued in 2026?

Based on GuruFocus' analysis, Alam Maritim Resources Bhd stock appears to be overvalued. The current stock price of RM0.27 is trading 58.8% above its estimated GF Value™ of RM0.17. GuruFocus considers Alam Maritim Resources Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5115:

  • Cyclically Adjusted PB Ratio: 0.09 (80% above median its 10-year median of 0.05)
  • GF Value™: RM0.17 vs. price of RM0.27 (58.8% above fair value)
  • GF Score™: 29/100 with 2 warning signs
  • Industry Position: 92.6% below the Oil & Gas median (#42 of 766)

No single metric tells the full story. See the XKLS:5115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alam Maritim Resources Bhd Business Description

Industry EnergyOil & Gas
Address No. 38th Floor, Level 3, Jalan Radin Anum, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Alam Maritim Resources Bhd is an first-tier service provider to the Malaysian oil and gas industry. The company's activities include offshore facilities construction and installation services, such as marine construction-related services; subsea engineering services and offshore pipeline construction-related services, as well as designing, manufacturing and operating of remotely operated vehicles. Its segments include Offshore support vessels which provides vessels for charter hire, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and to support the repair and maintenance services for the oil and gas industry; and Subsea services which provides vessel, subsea-related equipment and subsea services.
29GF Score

Get the complete analysis for XKLS:5115

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

RM0.27
Price
RM0.17
GF Value