Kheen Bhd (XKLS:6203) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Kheen Bhd Cyclically Adjusted PB Ratio?

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 0.00

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 0.00

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 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)
=0.071/333.9520*333.9520
=0.071

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 0.071 333.952 0.071

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.


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.