Shin Yang Group Bhd (XKLS:5173) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.
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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:5173 Shin Yang Group Bhd XKLS:5173
71 GF Score
Price RM0.74
GF Value RM1.30
Valuation Significantly Undervalued
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What is Shin Yang Group Bhd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Yang Group Bhd  (XKLS:5173) 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.


Shin Yang Group Bhd Cyclically Adjusted PB Ratio Related Terms


Shin Yang Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shin Yang Group 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.

Shin Yang Group Bhd Cyclically Adjusted PB Ratio Chart

Shin Yang Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 0.55 0.68 -

Shin Yang Group Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.68 0.71 0.71 0.62 0.63

Shin Yang Group Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Shin Yang Group 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.


Shin Yang Group Bhd Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5173
71GF Score
Shin Yang Group Bhd XKLS:5173
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Yang Group 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.

Shin Yang Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shin Yang Group Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.419/333.9520*333.9520
=1.419

Current CPI (Jun. 2026) = 333.9520.

Shin Yang Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.980 238.132 1.374
201606 0.976 241.018 1.352
201609 0.977 241.428 1.351
201612 0.971 241.432 1.343
201703 0.940 243.801 1.288
201706 0.967 244.955 1.318
201709 0.971 246.819 1.314
201712 0.979 246.524 1.326
201803 0.986 249.554 1.319
201806 1.002 251.989 1.328
201809 1.008 252.439 1.333
201812 1.005 251.233 1.336
201903 0.993 254.202 1.305
201906 0.919 256.143 1.198
201909 0.903 256.759 1.174
201912 0.884 256.974 1.149
202003 0.819 258.115 1.060
202006 0.785 257.797 1.017
202009 0.788 260.280 1.011
202012 0.791 260.474 1.014
202103 0.794 264.877 1.001
202106 0.789 271.696 0.970
202109 0.811 274.310 0.987
202112 0.823 278.802 0.986
202203 0.855 287.504 0.993
202206 0.929 296.311 1.047
202209 0.974 296.808 1.096
202212 0.994 296.797 1.118
202303 1.035 301.836 1.145
202306 1.079 305.109 1.181
202309 1.101 307.789 1.195
202312 1.092 306.746 1.189
202403 1.123 312.332 1.201
202406 1.152 314.175 1.225
202503 1.302 319.799 1.360
202506 1.345 322.561 1.392
202509 1.366 324.800 1.404
202512 1.352 324.054 1.393
202603 1.386 330.213 1.402
202606 1.419 333.952 1.419

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.

Is Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued. The current stock price of RM0.74 is trading 43.1% below its estimated GF Value™ of RM1.30. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM1.30 vs. price of RM0.74 (43.1% below fair value)
  • GF Score™: 71/100

No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Yang Group Bhd Business Description

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
71GF Score

Get the complete analysis for XKLS:5173

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

RM0.74
Price
RM1.30
GF Value