Malakoff Bhd (XKLS:5264) Cyclically Adjusted PB Ratio: 0.53 (As of Jul. 26, 2026) — Near Median

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XKLS:5264 Malakoff Corp Bhd XKLS:5264
48 GF Score
Price RM0.79
GF Value RM0.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Malakoff Bhd Cyclically Adjusted PB Ratio?

Malakoff Bhd XKLS:5264 +0.64% 48 Cyclically Adjusted PB Ratio is 0.53 as of Jul. 26, 2026, which is 2% above its 10-year median of 0.52. GuruFocus rates XKLS:5264 with a GF Score™ of 48/100 and a GF Value™ of RM0.65 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 441 Utilities - Regulated companies, Malakoff Bhd ranks better than 82.99% on this metric.

As of today (2026-07-26), Malakoff Bhd's current share price is RM0.79. Malakoff Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.48. Malakoff Bhd's Cyclically Adjusted PB Ratio for today is 0.53.

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

XKLS:5264' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 0.74
Current: 0.53

During the past years, Malakoff Bhd's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.40. And the median was 0.52.

XKLS:5264's Cyclically Adjusted PB Ratio is ranked better than
82.99% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs XKLS:5264: 0.53

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.

Malakoff Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.051. 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 RM1.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malakoff Bhd  (XKLS:5264) 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.


Malakoff Bhd Cyclically Adjusted PB Ratio Related Terms


Malakoff Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Malakoff 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.

Malakoff Bhd Cyclically Adjusted PB Ratio Chart

Malakoff 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 0.00 0.47 0.44 0.58 0.55

Malakoff 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 0.53 0.54 0.71 0.55 0.53

XKLS:5264 vs SRE: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Malakoff 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.


Malakoff Bhd Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Malakoff Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5264
48GF Score
Malakoff Corp Bhd XKLS:5264
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malakoff 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.79/1.48
=0.53

* 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.

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

For example, Malakoff 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)
=1.051/330.2130*330.2130
=1.051

Current CPI (Mar. 2026) = 330.2130.

Malakoff Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.159 241.018 1.588
201609 1.141 241.428 1.561
201612 1.180 241.432 1.614
201703 1.364 243.801 1.847
201706 1.343 244.955 1.810
201709 1.363 246.819 1.824
201712 1.331 246.524 1.783
201803 1.373 249.554 1.817
201806 1.325 251.989 1.736
201809 1.331 252.439 1.741
201812 1.318 251.233 1.732
201903 1.314 254.202 1.707
201906 1.280 256.143 1.650
201909 1.290 256.759 1.659
201912 1.291 256.974 1.659
202003 1.265 258.115 1.618
202006 1.265 257.797 1.620
202009 1.265 260.280 1.605
202012 1.250 260.474 1.585
202103 1.270 264.877 1.583
202106 1.273 271.696 1.547
202109 1.288 274.310 1.550
202112 1.268 278.802 1.502
202203 1.286 287.504 1.477
202206 1.297 296.311 1.445
202209 1.320 296.808 1.469
202212 1.302 296.797 1.449
202303 1.277 301.836 1.397
202306 1.192 305.109 1.290
202309 1.185 307.789 1.271
202312 1.082 306.746 1.165
202403 1.092 312.332 1.155
202406 1.095 314.175 1.151
202409 1.101 315.301 1.153
202412 1.086 315.605 1.136
202503 1.086 319.799 1.121
202506 1.075 322.561 1.101
202509 1.075 324.800 1.093
202512 1.052 324.054 1.072
202603 1.051 330.213 1.051

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 0.53 mean?
Malakoff Bhd (XKLS:5264) has a Cyclically Adjusted PB Ratio of 0.53 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 Malakoff Bhd and its competitors. This is near median its historical median of 0.52. Over the past decade, Malakoff Bhd's Cyclically Adjusted PB Ratio has ranged from 0.40 to 0.74. According to the industry distribution chart, Malakoff Bhd ranks #75 out of 441 companies in the Utilities - Regulated industry, placing it in the top 17%.
Is Malakoff Bhd's Cyclically Adjusted PB Ratio too high?
Malakoff Bhd's current Cyclically Adjusted PB Ratio of 0.53 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.74. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Malakoff Bhd's value of 0.53 is 65.4% below this industry median. Based on the distribution chart, Malakoff Bhd ranks #75 out of 441 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Malakoff Bhd has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malakoff Bhd's Cyclically Adjusted PB Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Malakoff Bhd ranks #75 out of 441 companies for Cyclically Adjusted PB Ratio. This places Malakoff Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Malakoff Bhd's value of 0.53 is 65.4% below this benchmark. Historically, Malakoff Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 0.74 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.53, Malakoff 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 441 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. Malakoff Bhd's current Cyclically Adjusted PB Ratio of 0.53 is 65.4% 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 Malakoff Bhd and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malakoff Bhd's current Cyclically Adjusted PB Ratio is 0.53, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malakoff Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malakoff Bhd (XKLS:5264) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.65, compared to a current price of RM0.79 — trading 21.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is near median its 10-year median of 0.52 and 65.4% below the Utilities - Regulated industry median of 1.53. Malakoff Bhd's overall GF Score™ is 48/100 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 Malakoff Bhd (XKLS:5264), the current Cyclically Adjusted PB Ratio is 0.53 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 Malakoff Bhd (XKLS:5264) Overvalued in 2026?

Based on GuruFocus' analysis, Malakoff Bhd stock appears to be overvalued. The current stock price of RM0.79 is trading 21.5% above its estimated GF Value™ of RM0.65. GuruFocus considers Malakoff Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5264:

  • Cyclically Adjusted PB Ratio: 0.53 (near median its 10-year median of 0.52)
  • GF Value™: RM0.65 vs. price of RM0.79 (21.5% above fair value)
  • GF Score™: 48/100 with 8 warning signs
  • Industry Position: 65.4% below the Utilities - Regulated median (#75 of 441)

No single metric tells the full story. See the XKLS:5264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malakoff Bhd Business Description

Address Jalan Stesen Sentral 5, Level 12, Block 4, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Malakoff Corp Bhd is an Energy generation and Environmental Solutions organization. The company is an Independent Power Producer generating electricity from its domestic thermal power plants. Its renewable energy portfolio comprises large scale solar, commercial and industrial solar installations, small hydropower projects and its WTE plant development. Its segments include Power generation which includes power generation business and water desalination services; and Waste management and environmental services which include waste management services and environmental services. The majority of the revenue is derived from Power generation segment. Geographical revenue is solely derived from Malaysia.
48GF Score

Get the complete analysis for XKLS:5264

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

RM0.79
Price
RM0.65
GF Value