Kheen Bhd (XKLS:6203) Cyclically Adjusted PB Ratio: 0.28 (As of Sep. 08, 2026) — 65% Above Median

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What is Kheen Bhd Cyclically Adjusted PB Ratio?

Kheen Bhd XKLS:6203 -5.56% Cyclically Adjusted PB Ratio is 0.28 as of Sep. 08, 2026, which is 65% above its 10-year median of 0.17. The stock has 4 warning signs investors should review. Among 1,269 Consumer Packaged Goods companies, Kheen Bhd ranks better than 91.25% on this metric.

As of today (2026-09-08), Kheen Bhd's current share price is RM0.085. Kheen Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.30. Kheen Bhd's Cyclically Adjusted PB Ratio for today is 0.28.

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

XKLS:6203' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.17   Max: 0.45
Current: 0.3

During the past years, Kheen Bhd's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.06. And the median was 0.17.

XKLS:6203's Cyclically Adjusted PB Ratio is ranked better than
91.25% of 1269 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs XKLS:6203: 0.30

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.

Kheen Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM0.082. 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 RM0.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kheen Bhd  (XKLS:6203) 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.


Kheen Bhd Cyclically Adjusted PB Ratio Related Terms


Kheen Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kheen 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.

Kheen Bhd Cyclically Adjusted PB Ratio Chart

Kheen Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.30 0.44 0.37

Kheen 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 0.44 0.40 0.28 0.36 0.37

XKLS:6203 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Kheen 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.


Kheen Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kheen Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kheen 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.085/0.30
=0.28

* 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.

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

For example, Kheen 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)
=0.082/333.9520*333.9520
=0.082

Current CPI (Jun. 2026) = 333.9520.

Kheen Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.979 236.525 1.382
201603 0.996 238.132 1.397
201606 1.024 241.018 1.419
201609 1.065 241.428 1.473
201612 1.073 241.432 1.484
201703 1.028 243.801 1.408
201706 1.004 244.955 1.369
201709 1.037 246.819 1.403
201712 1.043 246.524 1.413
201803 1.044 249.554 1.397
201806 1.051 251.989 1.393
201809 1.061 252.439 1.404
201903 0.854 254.202 1.122
201906 0.842 256.143 1.098
201909 0.595 256.759 0.774
202003 0.202 258.115 0.261
202009 -0.079 260.280 -0.101
202012 -0.258 260.474 -0.331
202103 -0.393 264.877 -0.495
202106 -0.398 271.696 -0.489
202109 -0.409 274.310 -0.498
202112 -0.342 278.802 -0.410
202203 -0.360 287.504 -0.418
202206 -0.387 296.311 -0.436
202209 -0.397 296.808 -0.447
202212 -0.387 296.797 -0.435
202303 -0.386 301.836 -0.427
202306 -0.379 305.109 -0.415
202309 -0.377 307.789 -0.409
202312 -0.376 306.746 -0.409
202403 -0.376 312.332 -0.402
202406 -0.375 314.175 -0.399
202409 -0.370 315.301 -0.392
202412 -0.368 315.605 -0.389
202503 -0.367 319.799 -0.383
202506 -0.362 322.561 -0.375
202509 -0.360 324.800 -0.370
202512 0.079 324.054 0.081
202603 0.081 330.213 0.082
202606 0.082 333.952 0.082

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 0.28 mean?
Kheen Bhd (XKLS:6203) has a Cyclically Adjusted PB Ratio of 0.28 as of Sep. 08, 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 Kheen Bhd and its competitors. This is 65% above median its historical median of 0.17. Over the past decade, Kheen Bhd's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.45. According to the industry distribution chart, Kheen Bhd ranks #111 out of 1269 companies in the Consumer Packaged Goods industry, placing it in the top 8.7%.
Is Kheen Bhd's Cyclically Adjusted PB Ratio too high?
Kheen Bhd's current Cyclically Adjusted PB Ratio of 0.28 is 65% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.45. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Kheen Bhd's value of 0.28 is 78% below this industry median. Based on the distribution chart, Kheen Bhd ranks #111 out of 1269 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Kheen Bhd's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Kheen Bhd ranks #111 out of 1269 companies for Cyclically Adjusted PB Ratio. This places Kheen Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Kheen Bhd's value of 0.28 is 78% below this benchmark. Historically, Kheen Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.45 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.27, Kheen 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 a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,269 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. Kheen Bhd's current Cyclically Adjusted PB Ratio of 0.28 is 78% 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 Kheen Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kheen Bhd's current Cyclically Adjusted PB Ratio is 0.28, which is 65% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kheen Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kheen Bhd (XKLS:6203) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.09 — trading 183.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.28, which is 65% above median its 10-year median of 0.17 and 78% below the Consumer Packaged Goods industry median of 1.27. 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 Kheen Bhd (XKLS:6203), the current Cyclically Adjusted PB Ratio is 0.28 as of Sep. 08, 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.

Kheen Bhd Business Description

Address Jalan Kolej, Lot 1819-1824 and 1832, Seri Kembangan, SGR, MYS, 43300
Khee San Bhd is a Malaysia-based company. Along with its subsidiaries, its principal business is the manufacturing of candies and wafer confectionery. The company operates in two segments, Investment Holding and Manufacturing and Trading. A majority of its revenue is generated from the Manufacturing and trading segment, which includes the manufacturing and trading of food and all related products. Its products include candies, chewy, tablets, hard, bubble gum, chewing gum, deposited, and wafers. The products offered by the company are marketed under the brands of Fruitplus, Torrone, Victory, Bento, and others. The group derives maximum revenue from Malaysia and also exports its products to other geographical regions, such as Africa, Europe, and the Rest of Asia.