Southern Acids (M) Bhd (XKLS:5134) Cyclically Adjusted PB Ratio: 0.52 (As of Jul. 29, 2026) — 28% Below Median

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XKLS:5134 Southern Acids (M) Bhd XKLS:5134
69 GF Score
Price RM3.02
GF Value RM2.88
Valuation Fairly Valued
! 4 Warning Signs
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What is Southern Acids (M) Bhd Cyclically Adjusted PB Ratio?

Southern Acids (M) Bhd XKLS:5134 -0.33% 69 Cyclically Adjusted PB Ratio is 0.52 as of Jul. 29, 2026, which is 28% below its 10-year median of 0.72. GuruFocus rates XKLS:5134 with a GF Score™ of 69/100 and a GF Value™ of RM2.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 474 Conglomerates companies, Southern Acids (M) Bhd ranks better than 70.68% on this metric.

As of today (2026-07-29), Southern Acids (M) Bhd's current share price is RM3.02. Southern Acids (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM5.81. Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio for today is 0.52.

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

XKLS:5134' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.72   Max: 0.98
Current: 0.53

During the past years, Southern Acids (M) Bhd's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.51. And the median was 0.72.

XKLS:5134's Cyclically Adjusted PB Ratio is ranked better than
70.68% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs XKLS:5134: 0.53

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.

Southern Acids (M) Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM5.708. 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 RM5.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Acids (M) Bhd  (XKLS:5134) 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.


Southern Acids (M) Bhd Cyclically Adjusted PB Ratio Related Terms


Southern Acids (M) Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Southern Acids (M) 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.

Southern Acids (M) Bhd Cyclically Adjusted PB Ratio Chart

Southern Acids (M) Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.71 0.60 0.55 0.52

Southern Acids (M) 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 0.55 0.59 0.62 0.56 0.52

XKLS:5134 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Southern Acids (M) 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.


Southern Acids (M) Bhd Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5134
69GF Score
Southern Acids (M) Bhd XKLS:5134
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Acids (M) 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.

Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.02/5.81
=0.52

* 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.

Southern Acids (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Southern Acids (M) 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)
=5.708/330.2130*330.2130
=5.708

Current CPI (Mar. 2026) = 330.2130.

Southern Acids (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.797 241.018 5.202
201609 3.842 241.428 5.255
201612 3.979 241.432 5.442
201703 4.154 243.801 5.626
201706 4.228 244.955 5.700
201709 4.194 246.819 5.611
201712 4.226 246.524 5.661
201803 4.282 249.554 5.666
201806 4.304 251.989 5.640
201809 4.350 252.439 5.690
201812 4.429 251.233 5.821
201903 4.391 254.202 5.704
201906 4.480 256.143 5.776
201909 4.435 256.759 5.704
201912 4.492 256.974 5.772
202003 4.341 258.115 5.554
202006 4.583 257.797 5.870
202009 4.585 260.280 5.817
202012 4.620 260.474 5.857
202103 4.657 264.877 5.806
202106 4.813 271.696 5.850
202109 4.912 274.310 5.913
202112 5.097 278.802 6.037
202203 5.313 287.504 6.102
202206 5.411 296.311 6.030
202209 5.527 296.808 6.149
202212 5.522 296.797 6.144
202303 5.513 301.836 6.031
202306 5.657 305.109 6.122
202309 5.638 307.789 6.049
202312 5.578 306.746 6.005
202403 5.693 312.332 6.019
202406 5.642 314.175 5.930
202409 5.576 315.301 5.840
202412 5.746 315.605 6.012
202503 5.694 319.799 5.879
202506 5.635 322.561 5.769
202509 5.668 324.800 5.762
202512 5.589 324.054 5.695
202603 5.708 330.213 5.708

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 0.52 mean?
Southern Acids (M) Bhd (XKLS:5134) has a Cyclically Adjusted PB Ratio of 0.52 as of Jul. 29, 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 Southern Acids (M) Bhd and its competitors. This is 28% below median its historical median of 0.72. Over the past decade, Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio has ranged from 0.51 to 0.98. According to the industry distribution chart, Southern Acids (M) Bhd ranks #139 out of 474 companies in the Conglomerates industry, placing it in the top 29.3%.
Is Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio too high?
Southern Acids (M) Bhd's current Cyclically Adjusted PB Ratio of 0.52 is 28% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.98. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Southern Acids (M) Bhd's value of 0.52 is 49% below this industry median. Based on the distribution chart, Southern Acids (M) Bhd ranks #139 out of 474 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Southern Acids (M) Bhd has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Southern Acids (M) Bhd ranks #139 out of 474 companies for Cyclically Adjusted PB Ratio. This puts Southern Acids (M) Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Southern Acids (M) Bhd's value of 0.52 is 49% below this benchmark. Historically, Southern Acids (M) Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 0.98 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.02, Southern Acids (M) 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Southern Acids (M) Bhd's current Cyclically Adjusted PB Ratio of 0.52 is 49% 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 Southern Acids (M) Bhd and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Acids (M) Bhd's current Cyclically Adjusted PB Ratio is 0.52, which is 28% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Acids (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Acids (M) Bhd (XKLS:5134) is currently considered Fairly Valued. The stock's GF Value™ is RM2.88, compared to a current price of RM3.02 — trading 4.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 28% below median its 10-year median of 0.72 and 49% below the Conglomerates industry median of 1.02. Southern Acids (M) Bhd's overall GF Score™ is 69/100 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 Southern Acids (M) Bhd (XKLS:5134), the current Cyclically Adjusted PB Ratio is 0.52 as of Jul. 29, 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 Southern Acids (M) Bhd (XKLS:5134) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Acids (M) Bhd stock appears to be overvalued. The current stock price of RM3.02 is trading 4.9% above its estimated GF Value™ of RM2.88. GuruFocus considers Southern Acids (M) Bhd to be Fairly Valued.

Key valuation signals for XKLS:5134:

  • Cyclically Adjusted PB Ratio: 0.52 (28% below median its 10-year median of 0.72)
  • GF Value™: RM2.88 vs. price of RM3.02 (4.9% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 49% below the Conglomerates median (#139 of 474)

No single metric tells the full story. See the XKLS:5134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Acids (M) Bhd Business Description

Address No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300
Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.
69GF Score

Get the complete analysis for XKLS:5134

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

RM3.02
Price
RM2.88
GF Value