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XKLS:5186's Cyclically Adjusted PB Ratio is ranked better than 87.34% of 766
companies
in the Oil & Gas industry
Industry Median: 1.215
vs XKLS:5186: 0.23
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.
Malaysia Marine and Heavy Engineering Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.939. 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 RM1.50 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) 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.
Malaysia Marine and Heavy Engineering Holdings Bhd Cyclically Adjusted PB Ratio Related Terms
Malaysia Marine and Heavy Engineering Holdings Bhd Cyclically Adjusted PB Ratio Historical Data
* 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.
Malaysia Marine and Heavy Engineering Holdings Bhd Cyclically Adjusted PB Ratio Chart
Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
XKLS:5186 vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering 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.
Malaysia Marine and Heavy Engineering Holdings Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry
Malaysia Marine and Heavy Engineering 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.
* 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 0.23 mean?
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Cyclically Adjusted PB Ratio of 0.23 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. This is 12% below median its historical median of 0.26. Over the past decade, Malaysia Marine and Heavy Engineering Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.56. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #97 out of 766 companies in the Oil & Gas industry, placing it in the top 12.7%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 12% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.56. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.22. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 0.23 is 81.1% below this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #97 out of 766 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #97 out of 766 companies for Cyclically Adjusted PB Ratio. This places Malaysia Marine and Heavy Engineering Holdings Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.22. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 0.23 is 81.1% below this benchmark. Historically, Malaysia Marine and Heavy Engineering Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.56 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.22, Malaysia Marine and Heavy Engineering 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 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 81.1% 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 Malaysia Marine and Heavy Engineering Holdings 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.23, which is 12% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.35 — trading 11.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 12% below median its 10-year median of 0.26 and 81.1% below the Oil & Gas industry median of 1.22. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 51/100 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Cyclically Adjusted PB Ratio is 0.23 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.35 is trading 11.3% above its estimated GF Value™ of RM0.31.
GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5186:
Cyclically Adjusted PB Ratio: 0.23 (12% below median its 10-year median of 0.26)
GF Value™: RM0.31 vs. price of RM0.35 (11.3% above fair value)
Industry Position: 81.1% below the Oil & Gas median (#97 of 766)
No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malaysia Marine and Heavy Engineering Holdings Bhd Business Description
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
51GF Score
Get the complete analysis for XKLS:5186
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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