IOI Properties Group Bhd (XKLS:5249) Cyclically Adjusted PB Ratio: 0.91 (As of Aug. 30, 2026) — 82% Above Median

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XKLS:5249 IOI Properties Group Bhd XKLS:5249
71 GF Score
Price RM4.05
GF Value RM3.30
Valuation Modestly Overvalued
! 6 Warning Signs
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What is IOI Properties Group Bhd Cyclically Adjusted PB Ratio?

IOI Properties Group Bhd XKLS:5249 +1.50% 71 Cyclically Adjusted PB Ratio is 0.91 as of Aug. 30, 2026, which is 82% above its 10-year median of 0.50. GuruFocus rates XKLS:5249 with a GF Score™ of 71/100 and a GF Value™ of RM3.30 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,301 Real Estate companies, IOI Properties Group Bhd ranks worse than 61.41% on this metric.

As of today (2026-08-30), IOI Properties Group Bhd's current share price is RM4.05. IOI Properties Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM4.46. IOI Properties Group Bhd's Cyclically Adjusted PB Ratio for today is 0.91.

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

XKLS:5249' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.5   Max: 1.02
Current: 0.91

During the past years, IOI Properties Group Bhd's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.25. And the median was 0.50.

XKLS:5249's Cyclically Adjusted PB Ratio is ranked worse than
61.41% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs XKLS:5249: 0.91

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.

IOI Properties Group Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM4.668. 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 RM4.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IOI Properties Group Bhd  (XKLS:5249) 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.


IOI Properties Group Bhd Cyclically Adjusted PB Ratio Related Terms


IOI Properties Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IOI Properties 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.

IOI Properties Group Bhd Cyclically Adjusted PB Ratio Chart

IOI Properties Group Bhd Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.26 0.53 0.46 0.88

IOI Properties Group 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 0.46 0.48 0.61 0.75 0.88

IOI Properties Group Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, IOI Properties 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.


IOI Properties Group Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IOI Properties Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5249
71GF Score
IOI Properties Group Bhd XKLS:5249
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IOI Properties 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.

IOI Properties Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.05/4.46
=0.91

* 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.

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

For example, IOI Properties 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)
=4.668/333.9520*333.9520
=4.668

Current CPI (Jun. 2026) = 333.9520.

IOI Properties Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.407 241.428 4.713
201612 3.422 241.432 4.733
201703 3.267 243.801 4.475
201706 3.316 244.955 4.521
201709 3.291 246.819 4.453
201712 3.279 246.524 4.442
201803 3.268 249.554 4.373
201806 3.325 251.989 4.407
201809 3.321 252.439 4.393
201812 3.356 251.233 4.461
201903 3.383 254.202 4.444
201906 3.373 256.143 4.398
201909 3.396 256.759 4.417
201912 3.434 256.974 4.463
202003 3.436 258.115 4.446
202006 3.411 257.797 4.419
202009 3.420 260.280 4.388
202012 3.462 260.474 4.439
202103 3.523 264.877 4.442
202106 3.552 271.696 4.366
202109 3.570 274.310 4.346
202112 3.606 278.802 4.319
202203 3.637 287.504 4.225
202206 3.715 296.311 4.187
202209 3.866 296.808 4.350
202212 3.912 296.797 4.402
202303 3.949 301.836 4.369
202306 4.049 305.109 4.432
202309 4.021 307.789 4.363
202312 4.064 306.746 4.424
202403 4.118 312.332 4.403
202406 4.384 314.175 4.660
202409 4.195 315.301 4.443
202412 4.258 315.605 4.506
202503 4.284 319.799 4.474
202506 4.437 322.561 4.594
202509 4.457 324.800 4.583
202512 4.531 324.054 4.669
202603 4.564 330.213 4.616
202606 4.668 333.952 4.668

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 0.91 mean?
IOI Properties Group Bhd (XKLS:5249) has a Cyclically Adjusted PB Ratio of 0.91 as of Aug. 30, 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 IOI Properties Group Bhd and its competitors. This is 82% above median its historical median of 0.50. Over the past decade, IOI Properties Group Bhd's Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.02. According to the industry distribution chart, IOI Properties Group Bhd ranks #799 out of 1301 companies in the Real Estate industry, placing it in the top 61.4%.
Is IOI Properties Group Bhd's Cyclically Adjusted PB Ratio too high?
IOI Properties Group Bhd's current Cyclically Adjusted PB Ratio of 0.91 is 82% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.02. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. IOI Properties Group Bhd's value of 0.91 is 35.8% above this industry median. Based on the distribution chart, IOI Properties Group Bhd ranks #799 out of 1301 companies in the Real Estate industry, which is below the industry midpoint. Overall, IOI Properties Group Bhd has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IOI Properties Group Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, IOI Properties Group Bhd ranks #799 out of 1301 companies for Cyclically Adjusted PB Ratio. This places IOI Properties Group Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. IOI Properties Group Bhd's value of 0.91 is 35.8% above this benchmark. Historically, IOI Properties Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.02 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.67, IOI Properties Group Bhd has consistently been above 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. IOI Properties Group Bhd's current Cyclically Adjusted PB Ratio of 0.91 is 35.8% above 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 IOI Properties Group Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOI Properties Group Bhd's current Cyclically Adjusted PB Ratio is 0.91, which is 82% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOI Properties Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, IOI Properties Group Bhd (XKLS:5249) is currently considered Modestly Overvalued. The stock's GF Value™ is RM3.30, compared to a current price of RM4.05 — trading 22.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.91, which is 82% above median its 10-year median of 0.50 and 35.8% above the Real Estate industry median of 0.67. IOI Properties Group Bhd's overall GF Score™ is 71/100 with 6 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 IOI Properties Group Bhd (XKLS:5249), the current Cyclically Adjusted PB Ratio is 0.91 as of Aug. 30, 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 IOI Properties Group Bhd (XKLS:5249) Overvalued in 2026?

Based on GuruFocus' analysis, IOI Properties Group Bhd stock appears to be overvalued. The current stock price of RM4.05 is trading 22.7% above its estimated GF Value™ of RM3.30. GuruFocus considers IOI Properties Group Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5249:

  • Cyclically Adjusted PB Ratio: 0.91 (82% above median its 10-year median of 0.50)
  • GF Value™: RM3.30 vs. price of RM4.05 (22.7% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 35.8% above the Real Estate median (#799 of 1301)

No single metric tells the full story. See the XKLS:5249 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IOI Properties Group Bhd Business Description

Address Level 29, IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, MYS, 62502
IOI Properties Group Bhd is a Malaysian investment holding company in the property development sector. The company's business portfolio encompasses three segments: hospitality and leisure, property development, and property investment. It mainly develops residential, commercial, and industrial properties and invests in retail, commercial, and office spaces. Additionally, its other operations include landscape services and building services management. The property development segment generates the majority of the company's revenue. The company operates in Malaysia, the People's Republic of China, and Singapore, with the majority of its revenue generated in Malaysia.
71GF Score

Get the complete analysis for XKLS:5249

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

RM4.05
Price
RM3.30
GF Value