Focus Lumber Bhd (XKLS:5197) Cyclically Adjusted PB Ratio: 0.23 (As of Sep. 11, 2026) — 57% Below Median

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XKLS:5197 Focus Lumber Bhd XKLS:5197
41 GF Score
Price RM0.21
GF Value RM0.46
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Focus Lumber Bhd Cyclically Adjusted PB Ratio?

Focus Lumber Bhd XKLS:5197 41 Cyclically Adjusted PB Ratio is 0.23 as of Sep. 11, 2026, which is 57% below its 10-year median of 0.54. GuruFocus rates XKLS:5197 with a GF Score™ of 41/100 and a GF Value™ of RM0.46 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 206 Forest Products companies, Focus Lumber Bhd ranks better than 83.01% on this metric.

As of today (2026-09-11), Focus Lumber Bhd's current share price is RM0.21. Focus Lumber Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.93. Focus Lumber Bhd's Cyclically Adjusted PB Ratio for today is 0.23.

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

XKLS:5197' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.54   Max: 0.94
Current: 0.24

During the past years, Focus Lumber Bhd's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.22. And the median was 0.54.

XKLS:5197's Cyclically Adjusted PB Ratio is ranked better than
83.01% of 206 companies
in the Forest Products industry
Industry Median: 0.73 vs XKLS:5197: 0.24

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.

Focus Lumber Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.597. 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 RM0.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Focus Lumber Bhd  (XKLS:5197) 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.


Focus Lumber Bhd Cyclically Adjusted PB Ratio Related Terms


Focus Lumber Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Focus Lumber 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.

Focus Lumber Bhd Cyclically Adjusted PB Ratio Chart

Focus Lumber 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 0.74 0.74 0.58 0.40 0.26

Focus Lumber Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.26 0.25 0.26 0.24 0.22

XKLS:5197 vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Focus Lumber 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.


Focus Lumber Bhd Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Focus Lumber Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5197
41GF Score
Focus Lumber Bhd XKLS:5197
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Focus Lumber 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.

Focus Lumber Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.21/0.93
=0.23

* 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.

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

For example, Focus Lumber 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)
=0.597/333.9520*333.9520
=0.597

Current CPI (Jun. 2026) = 333.9520.

Focus Lumber Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.720 241.428 0.996
201612 0.730 241.432 1.010
201703 0.758 243.801 1.038
201706 0.772 244.955 1.052
201709 0.778 246.819 1.053
201712 0.783 246.524 1.061
201803 0.756 249.554 1.012
201806 0.793 251.989 1.051
201809 0.844 252.439 1.117
201812 0.838 251.233 1.114
201903 0.832 254.202 1.093
201906 0.791 256.143 1.031
201909 0.782 256.759 1.017
201912 0.792 256.974 1.029
202003 0.792 258.115 1.025
202006 0.783 257.797 1.014
202009 0.784 260.280 1.006
202012 0.754 260.474 0.967
202103 0.741 264.877 0.934
202106 0.762 271.696 0.937
202109 0.770 274.310 0.937
202112 0.806 278.802 0.965
202203 0.821 287.504 0.954
202206 0.850 296.311 0.958
202209 0.883 296.808 0.994
202212 0.876 296.797 0.986
202303 0.849 301.836 0.939
202306 0.845 305.109 0.925
202309 0.833 307.789 0.904
202312 0.795 306.746 0.866
202403 0.790 312.332 0.845
202406 0.772 314.175 0.821
202409 0.752 315.301 0.796
202412 0.692 315.605 0.732
202503 0.670 319.799 0.700
202506 0.647 322.561 0.670
202509 0.634 324.800 0.652
202512 0.603 324.054 0.621
202603 0.596 330.213 0.603
202606 0.597 333.952 0.597

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 0.23 mean?
Focus Lumber Bhd (XKLS:5197) has a Cyclically Adjusted PB Ratio of 0.23 as of Sep. 11, 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 Focus Lumber Bhd and its competitors. This is 57% below median its historical median of 0.54. Over the past decade, Focus Lumber Bhd's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.94. According to the industry distribution chart, Focus Lumber Bhd ranks #35 out of 206 companies in the Forest Products industry, placing it in the top 17%.
Is Focus Lumber Bhd's Cyclically Adjusted PB Ratio too high?
Focus Lumber Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 57% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.94. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.73. Focus Lumber Bhd's value of 0.23 is 68.5% below this industry median. Based on the distribution chart, Focus Lumber Bhd ranks #35 out of 206 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Focus Lumber Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Focus Lumber Bhd's Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Focus Lumber Bhd ranks #35 out of 206 companies for Cyclically Adjusted PB Ratio. This places Focus Lumber Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.73. Focus Lumber Bhd's value of 0.23 is 68.5% below this benchmark. Historically, Focus Lumber Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.94 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.73, Focus Lumber 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.73, based on 206 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. Focus Lumber Bhd's current Cyclically Adjusted PB Ratio of 0.23 is 68.5% 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 Focus Lumber Bhd and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Lumber Bhd's current Cyclically Adjusted PB Ratio is 0.23, which is 57% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lumber Bhd stock overvalued right now?
Based on GuruFocus' analysis, Focus Lumber Bhd (XKLS:5197) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.46, compared to a current price of RM0.21 — trading 54.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 57% below median its 10-year median of 0.54 and 68.5% below the Forest Products industry median of 0.73. Focus Lumber Bhd's overall GF Score™ is 41/100 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 Focus Lumber Bhd (XKLS:5197), the current Cyclically Adjusted PB Ratio is 0.23 as of Sep. 11, 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 Focus Lumber Bhd (XKLS:5197) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Lumber Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 54.3% below its estimated GF Value™ of RM0.46. GuruFocus considers Focus Lumber Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5197:

  • Cyclically Adjusted PB Ratio: 0.23 (57% below median its 10-year median of 0.54)
  • GF Value™: RM0.46 vs. price of RM0.21 (54.3% below fair value)
  • GF Score™: 41/100 with 2 warning signs
  • Industry Position: 68.5% below the Forest Products median (#35 of 206)

No single metric tells the full story. See the XKLS:5197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Focus Lumber Bhd Business Description

Address Mile 3, Jalan Masak, Kampung Ulu Patikang, Locked Bag 13 SM-88, Keningau, SBH, MYS, 89009
Focus Lumber Bhd operates as an investment holding company engaged in the manufacturing and sale of plywood, veneer, and laminated veneer lumber. It operates through the Manufacturing, logging and Electricity segments. The Manufacturing segment engages in the business of manufacturing and sale of plywood, veneer, and laminated veneer lumber. The Electricity segment engages in the business of generation and sale of electricity. The logging segment includes the cultivation of timber plantations, extraction and sale of timber logs. The geographical presence of the company is in Malaysia, Canada, Hong Kong, China, Australia, India, Korea, Japan, Taiwan, Thailand, the United States, and the UK. The company generates the majority of its revenues from the Manufacturing segment.
41GF Score

Get the complete analysis for XKLS:5197

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

RM0.21
Price
RM0.46
GF Value