Kpj Healthcare Bhd (XKLS:5878) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:5878 Kpj Healthcare Bhd XKLS:5878
66 GF Score
Price RM3.13
GF Value RM2.50
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kpj Healthcare Bhd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kpj Healthcare Bhd  (XKLS:5878) 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.


Kpj Healthcare Bhd Cyclically Adjusted PB Ratio Related Terms


Kpj Healthcare Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kpj Healthcare 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.

Kpj Healthcare Bhd Cyclically Adjusted PB Ratio Chart

Kpj Healthcare 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 2.67 2.19 2.91 4.62 4.85

Kpj Healthcare 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 4.89 4.98 4.85 6.01 0.00

XKLS:5878 vs HCA, THC, DVA: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Kpj Healthcare 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.


Kpj Healthcare Bhd Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kpj Healthcare Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5878
66GF Score
Kpj Healthcare Bhd XKLS:5878
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kpj Healthcare 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.

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

For example, Kpj Healthcare 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)
=0.673/333.9520*333.9520
=0.673

Current CPI (Jun. 2026) = 333.9520.

Kpj Healthcare Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.372 241.428 0.515
201612 0.386 241.432 0.534
201703 0.391 243.801 0.536
201706 0.392 244.955 0.534
201709 0.397 246.819 0.537
201712 0.410 246.524 0.555
201803 0.402 249.554 0.538
201806 0.408 251.989 0.541
201809 0.413 252.439 0.546
201812 0.463 251.233 0.615
201903 0.391 254.202 0.514
201906 0.397 256.143 0.518
201909 0.399 256.759 0.519
201912 0.443 256.974 0.576
202003 0.447 258.115 0.578
202006 0.447 257.797 0.579
202009 0.454 260.280 0.583
202012 0.479 260.474 0.614
202103 0.482 264.877 0.608
202106 0.483 271.696 0.594
202109 0.486 274.310 0.592
202112 0.494 278.802 0.592
202203 0.498 287.504 0.578
202206 0.502 296.311 0.566
202209 0.508 296.808 0.572
202212 0.513 296.797 0.577
202303 0.521 301.836 0.576
202306 0.526 305.109 0.576
202309 0.536 307.789 0.582
202312 0.546 306.746 0.594
202403 0.551 312.332 0.589
202406 0.558 314.175 0.593
202409 0.569 315.301 0.603
202412 0.581 315.605 0.615
202503 0.583 319.799 0.609
202506 0.592 322.561 0.613
202509 0.604 324.800 0.621
202512 0.631 324.054 0.650
202603 0.659 330.213 0.666
202606 0.673 333.952 0.673

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.

Is Kpj Healthcare Bhd (XKLS:5878) Overvalued in 2026?

Based on GuruFocus' analysis, Kpj Healthcare Bhd stock appears to be overvalued. The current stock price of RM3.13 is trading 25.2% above its estimated GF Value™ of RM2.50. GuruFocus considers Kpj Healthcare Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5878:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM2.50 vs. price of RM3.13 (25.2% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kpj Healthcare Bhd Business Description

Address 238, Jalan Tun Razak, Level 12, Menara KPJ, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400
KPJ Healthcare Bhd operates as an investment holding company and provides management services to its subsidiaries. The principal activities of the subsidiaries are mainly the operation of specialist hospitals. The reportable segments of the company are: (i) Malaysia - All healthcare activities including the private hospitals, pathology and laboratory services and distribution of pharmaceutical, medical and consumer healthcare products. (ii) Others - Operating segments involved in provision of hospital and retirement village services in Thailand and Australia, a private university and colleges of nursing and allied health and other similar activities in Malaysia. The majority of revenue is derived from the Malaysia segment.
66GF Score

Get the complete analysis for XKLS:5878

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

RM3.13
Price
RM2.50
GF Value