Kpj Healthcare Bhd (XKLS:5878) Cyclically Adjusted PB Ratio: 5.47 (As of Jul. 30, 2026) — 100% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5878 Kpj Healthcare Bhd XKLS:5878
74 GF Score
Price RM3.12
GF Value RM2.50
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kpj Healthcare Bhd Cyclically Adjusted PB Ratio?

Kpj Healthcare Bhd XKLS:5878 74 Cyclically Adjusted PB Ratio is 5.47 as of Jul. 30, 2026, which is 100% above its 10-year median of 2.73. GuruFocus rates XKLS:5878 with a GF Score™ of 74/100 and a GF Value™ of RM2.50 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 356 Healthcare Providers & Services companies, Kpj Healthcare Bhd ranks worse than 83.99% on this metric.

As of today (2026-07-30), Kpj Healthcare Bhd's current share price is RM3.12. Kpj Healthcare Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.57. Kpj Healthcare Bhd's Cyclically Adjusted PB Ratio for today is 5.47.

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

XKLS:5878' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.72   Med: 2.73   Max: 6.31
Current: 5.49

During the past years, Kpj Healthcare Bhd's highest Cyclically Adjusted PB Ratio was 6.31. The lowest was 1.72. And the median was 2.73.

XKLS:5878's Cyclically Adjusted PB Ratio is ranked worse than
83.99% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.84 vs XKLS:5878: 5.49

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.

Kpj Healthcare Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.659. 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 RM0.57 for the trailing ten years ended in Mar. 2026.

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
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 4.96 4.89 4.98 4.85 6.01

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
74GF Score
Kpj Healthcare Bhd XKLS:5878
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.12/0.57
=5.47

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

For example, Kpj Healthcare 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)
=0.659/330.2130*330.2130
=0.659

Current CPI (Mar. 2026) = 330.2130.

Kpj Healthcare Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.365 241.018 0.500
201609 0.372 241.428 0.509
201612 0.386 241.432 0.528
201703 0.391 243.801 0.530
201706 0.392 244.955 0.528
201709 0.397 246.819 0.531
201712 0.410 246.524 0.549
201803 0.402 249.554 0.532
201806 0.408 251.989 0.535
201809 0.413 252.439 0.540
201812 0.463 251.233 0.609
201903 0.391 254.202 0.508
201906 0.397 256.143 0.512
201909 0.399 256.759 0.513
201912 0.443 256.974 0.569
202003 0.447 258.115 0.572
202006 0.447 257.797 0.573
202009 0.454 260.280 0.576
202012 0.479 260.474 0.607
202103 0.482 264.877 0.601
202106 0.483 271.696 0.587
202109 0.486 274.310 0.585
202112 0.494 278.802 0.585
202203 0.498 287.504 0.572
202206 0.502 296.311 0.559
202209 0.508 296.808 0.565
202212 0.513 296.797 0.571
202303 0.521 301.836 0.570
202306 0.526 305.109 0.569
202309 0.536 307.789 0.575
202312 0.546 306.746 0.588
202403 0.551 312.332 0.583
202406 0.558 314.175 0.586
202409 0.569 315.301 0.596
202412 0.581 315.605 0.608
202503 0.583 319.799 0.602
202506 0.592 322.561 0.606
202509 0.604 324.800 0.614
202512 0.631 324.054 0.643
202603 0.659 330.213 0.659

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 5.47 mean?
Kpj Healthcare Bhd (XKLS:5878) has a Cyclically Adjusted PB Ratio of 5.47 as of Jul. 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 Kpj Healthcare Bhd and its competitors. This is 100% above median its historical median of 2.73. Over the past decade, Kpj Healthcare Bhd's Cyclically Adjusted PB Ratio has ranged from 1.72 to 6.31. According to the industry distribution chart, Kpj Healthcare Bhd ranks #299 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 84%.
Is Kpj Healthcare Bhd's Cyclically Adjusted PB Ratio too high?
Kpj Healthcare Bhd's current Cyclically Adjusted PB Ratio of 5.47 is 100% above median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 6.31. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.84. Kpj Healthcare Bhd's value of 5.47 is 197.3% above this industry median. Based on the distribution chart, Kpj Healthcare Bhd ranks #299 out of 356 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Kpj Healthcare Bhd has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kpj Healthcare Bhd's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Kpj Healthcare Bhd ranks #299 out of 356 companies for Cyclically Adjusted PB Ratio. This places Kpj Healthcare Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.84. Kpj Healthcare Bhd's value of 5.47 is 197.3% above this benchmark. Historically, Kpj Healthcare Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.72 to 6.31 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.84, Kpj Healthcare 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.84, based on 356 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. Kpj Healthcare Bhd's current Cyclically Adjusted PB Ratio of 5.47 is 197.3% 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 Kpj Healthcare Bhd and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kpj Healthcare Bhd's current Cyclically Adjusted PB Ratio is 5.47, which is 100% above median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kpj Healthcare Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kpj Healthcare Bhd (XKLS:5878) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.50, compared to a current price of RM3.12 — trading 24.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.47, which is 100% above median its 10-year median of 2.73 and 197.3% above the Healthcare Providers & Services industry median of 1.84. Kpj Healthcare Bhd's overall GF Score™ is 74/100 with 3 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 Kpj Healthcare Bhd (XKLS:5878), the current Cyclically Adjusted PB Ratio is 5.47 as of Jul. 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 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 RM3.12 is trading 24.8% 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: 5.47 (100% above median its 10-year median of 2.73)
  • GF Value™: RM2.50 vs. price of RM3.12 (24.8% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 197.3% above the Healthcare Providers & Services median (#299 of 356)

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.
74GF 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.

RM3.12
Price
RM2.50
GF Value