Bumi Armada Bhd (XKLS:5210) Cyclically Adjusted PB Ratio: 0.37 (As of Jul. 28, 2026) — 24% Below Median

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XKLS:5210 Bumi Armada Bhd XKLS:5210
43 GF Score
Price RM0.37
GF Value RM0.33
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bumi Armada Bhd Cyclically Adjusted PB Ratio?

Bumi Armada Bhd XKLS:5210 43 Cyclically Adjusted PB Ratio is 0.37 as of Jul. 28, 2026, which is 24% below its 10-year median of 0.49. GuruFocus rates XKLS:5210 with a GF Score™ of 43/100 and a GF Value™ of RM0.33 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 766 Oil & Gas companies, Bumi Armada Bhd ranks better than 80.03% on this metric.

As of today (2026-07-28), Bumi Armada Bhd's current share price is RM0.37. Bumi Armada Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.99. Bumi Armada Bhd's Cyclically Adjusted PB Ratio for today is 0.37.

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

XKLS:5210' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.49   Max: 0.71
Current: 0.38

During the past years, Bumi Armada Bhd's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.30. And the median was 0.49.

XKLS:5210's Cyclically Adjusted PB Ratio is ranked better than
80.03% of 766 companies
in the Oil & Gas industry
Industry Median: 1.21 vs XKLS:5210: 0.38

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.

Bumi Armada Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.994. 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 RM0.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bumi Armada Bhd  (XKLS:5210) 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.


Bumi Armada Bhd Cyclically Adjusted PB Ratio Related Terms


Bumi Armada Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bumi Armada 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.

Bumi Armada Bhd Cyclically Adjusted PB Ratio Chart

Bumi Armada 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 0.51 0.49 0.49 0.64 0.30

Bumi Armada 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 0.54 0.44 0.35 0.30 0.35

XKLS:5210 vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Bumi Armada 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.


Bumi Armada Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


XKLS:5210
43GF Score
Bumi Armada Bhd XKLS:5210
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bumi Armada 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.

Bumi Armada Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.37/0.99
=0.37

* 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.

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

For example, Bumi Armada 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)
=0.994/330.2130*330.2130
=0.994

Current CPI (Mar. 2026) = 330.2130.

Bumi Armada Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.061 241.018 1.454
201609 1.073 241.428 1.468
201612 0.952 241.432 1.302
201703 0.961 243.801 1.302
201706 0.954 244.955 1.286
201709 0.957 246.819 1.280
201712 0.937 246.524 1.255
201803 0.920 249.554 1.217
201806 0.870 251.989 1.140
201809 0.809 252.439 1.058
201812 0.573 251.233 0.753
201903 0.566 254.202 0.735
201906 0.564 256.143 0.727
201909 0.588 256.759 0.756
201912 0.549 256.974 0.705
202003 0.507 258.115 0.649
202006 0.518 257.797 0.664
202009 0.522 260.280 0.662
202012 0.535 260.474 0.678
202103 0.586 264.877 0.731
202106 0.611 271.696 0.743
202109 0.644 274.310 0.775
202112 0.671 278.802 0.795
202203 0.732 287.504 0.841
202206 0.801 296.311 0.893
202209 0.879 296.808 0.978
202212 0.870 296.797 0.968
202303 0.901 301.836 0.986
202306 0.979 305.109 1.060
202309 1.016 307.789 1.090
202312 0.958 306.746 1.031
202403 1.027 312.332 1.086
202406 1.065 314.175 1.119
202409 0.967 315.301 1.013
202412 1.031 315.605 1.079
202503 1.042 319.799 1.076
202506 1.005 322.561 1.029
202509 1.020 324.800 1.037
202512 0.999 324.054 1.018
202603 0.994 330.213 0.994

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 0.37 mean?
Bumi Armada Bhd (XKLS:5210) has a Cyclically Adjusted PB Ratio of 0.37 as of Jul. 28, 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 Bumi Armada Bhd and its competitors. This is 24% below median its historical median of 0.49. Over the past decade, Bumi Armada Bhd's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.71. According to the industry distribution chart, Bumi Armada Bhd ranks #153 out of 766 companies in the Oil & Gas industry, placing it in the top 20%.
Is Bumi Armada Bhd's Cyclically Adjusted PB Ratio too high?
Bumi Armada Bhd's current Cyclically Adjusted PB Ratio of 0.37 is 24% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.71. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Bumi Armada Bhd's value of 0.37 is 69.4% below this industry median. Based on the distribution chart, Bumi Armada Bhd ranks #153 out of 766 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Bumi Armada Bhd has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bumi Armada Bhd's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Bumi Armada Bhd ranks #153 out of 766 companies for Cyclically Adjusted PB Ratio. This places Bumi Armada Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Bumi Armada Bhd's value of 0.37 is 69.4% below this benchmark. Historically, Bumi Armada Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.71 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.21, Bumi Armada 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 1.21, 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. Bumi Armada Bhd's current Cyclically Adjusted PB Ratio of 0.37 is 69.4% 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 Bumi Armada Bhd and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bumi Armada Bhd's current Cyclically Adjusted PB Ratio is 0.37, which is 24% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bumi Armada Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bumi Armada Bhd (XKLS:5210) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.37 — trading 12.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 24% below median its 10-year median of 0.49 and 69.4% below the Oil & Gas industry median of 1.21. Bumi Armada Bhd's overall GF Score™ is 43/100 with 8 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 Bumi Armada Bhd (XKLS:5210), the current Cyclically Adjusted PB Ratio is 0.37 as of Jul. 28, 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 Bumi Armada Bhd (XKLS:5210) Overvalued in 2026?

Based on GuruFocus' analysis, Bumi Armada Bhd stock appears to be overvalued. The current stock price of RM0.37 is trading 12.1% above its estimated GF Value™ of RM0.33. GuruFocus considers Bumi Armada Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5210:

  • Cyclically Adjusted PB Ratio: 0.37 (24% below median its 10-year median of 0.49)
  • GF Value™: RM0.33 vs. price of RM0.37 (12.1% above fair value)
  • GF Score™: 43/100 with 8 warning signs
  • Industry Position: 69.4% below the Oil & Gas median (#153 of 766)

No single metric tells the full story. See the XKLS:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bumi Armada Bhd Business Description

Industry EnergyOil & Gas
Address 24, Jalan Perak, Level 21, Menara Perak, Kuala Lumpur, MYS, 50450
Bumi Armada Bhd is an investment holding company and provision of management services. Along with its subsidiaries, it is engaged in Floating Production Storage and Offloading (FPSO) operations, as well as providing engineering and maintenance services to offshore oil and gas companies. Its reportable segments are Operations and Others. The majority of the company's revenue is generated from the Operations segment, which includes the provision of FPSO vessels, Floating Gas Solutions units, Subsea Construction (SC) assets, and marine-related services. Geographically, the company generates maximum revenue from Africa, followed by Europe, Asia (excluding Malaysia), and Malaysia.
43GF Score

Get the complete analysis for XKLS:5210

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

RM0.37
Price
RM0.33
GF Value