Fiamma Holdings Bhd (XKLS:6939) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 05, 2026) — Near Median

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XKLS:6939 Fiamma Holdings Bhd XKLS:6939
72 GF Score
Price RM1.07
GF Value RM1.06
Valuation Fairly Valued
! 6 Warning Signs
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What is Fiamma Holdings Bhd Cyclically Adjusted PB Ratio?

Fiamma Holdings Bhd XKLS:6939 72 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 05, 2026, which is 2% below its 10-year median of 0.85. GuruFocus rates XKLS:6939 with a GF Score™ of 72/100 and a GF Value™ of RM1.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, Fiamma Holdings Bhd ranks better than 63.96% on this metric.

As of today (2026-08-05), Fiamma Holdings Bhd's current share price is RM1.07. Fiamma Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.29. Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.83.

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

XKLS:6939' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.85   Max: 1.21
Current: 0.82

During the past years, Fiamma Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.50. And the median was 0.85.

XKLS:6939's Cyclically Adjusted PB Ratio is ranked better than
63.96% of 333 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.22 vs XKLS:6939: 0.82

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.

Fiamma Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.489. 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 RM1.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiamma Holdings Bhd  (XKLS:6939) 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.


Fiamma Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Fiamma Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fiamma Holdings 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.

Fiamma Holdings Bhd Cyclically Adjusted PB Ratio Chart

Fiamma Holdings Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.63 0.93 0.91 0.89

Fiamma Holdings Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.86 0.85 0.94 0.89 0.86

XKLS:6939 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiamma Holdings 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.


Fiamma Holdings Bhd Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6939
72GF Score
Fiamma Holdings Bhd XKLS:6939
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiamma Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.07/1.29
=0.83

* 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.

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

For example, Fiamma Holdings 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)
=1.489/330.2130*330.2130
=1.489

Current CPI (Mar. 2026) = 330.2130.

Fiamma Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.898 236.525 1.254
201603 0.813 238.132 1.127
201606 0.797 241.018 1.092
201609 0.828 241.428 1.132
201612 0.835 241.432 1.142
201703 0.845 243.801 1.144
201706 0.844 244.955 1.138
201709 0.898 246.819 1.201
201712 0.890 246.524 1.192
201803 0.902 249.554 1.194
201806 0.901 251.989 1.181
201809 0.951 252.439 1.244
201812 0.939 251.233 1.234
201903 0.952 254.202 1.237
201906 0.955 256.143 1.231
201909 0.994 256.759 1.278
201912 1.007 256.974 1.294
202003 1.037 258.115 1.327
202006 1.028 257.797 1.317
202009 1.041 260.280 1.321
202012 1.062 260.474 1.346
202103 1.081 264.877 1.348
202106 1.081 271.696 1.314
202109 1.078 274.310 1.298
202112 1.102 278.802 1.305
202203 1.108 287.504 1.273
202206 1.101 296.311 1.227
202209 1.115 296.808 1.240
202212 1.179 296.797 1.312
202303 1.216 301.836 1.330
202306 1.238 305.109 1.340
202403 1.270 312.332 1.343
202406 1.291 314.175 1.357
202409 1.297 315.301 1.358
202412 1.342 315.605 1.404
202503 1.411 319.799 1.457
202506 1.437 322.561 1.471
202509 1.449 324.800 1.473
202512 1.468 324.054 1.496
202603 1.489 330.213 1.489

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 0.83 mean?
Fiamma Holdings Bhd (XKLS:6939) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 05, 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 Fiamma Holdings Bhd and its competitors. This is near median its historical median of 0.85. Over the past decade, Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.21. According to the industry distribution chart, Fiamma Holdings Bhd ranks #120 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 36%.
Is Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Fiamma Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.83 is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.21. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.22. Fiamma Holdings Bhd's value of 0.83 is 32% below this industry median. Based on the distribution chart, Fiamma Holdings Bhd ranks #120 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Fiamma Holdings Bhd has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Fiamma Holdings Bhd ranks #120 out of 333 companies for Cyclically Adjusted PB Ratio. This puts Fiamma Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Fiamma Holdings Bhd's value of 0.83 is 32% below this benchmark. Historically, Fiamma Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.21 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.22, Fiamma Holdings 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.22, based on 333 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. Fiamma Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.83 is 32% 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 Fiamma Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiamma Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.83, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiamma Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fiamma Holdings Bhd (XKLS:6939) is currently considered Fairly Valued. The stock's GF Value™ is RM1.06, compared to a current price of RM1.07 — trading 0.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is near median its 10-year median of 0.85 and 32% below the Furnishings, Fixtures & Appliances industry median of 1.22. Fiamma Holdings Bhd's overall GF Score™ is 72/100 with 6 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 Fiamma Holdings Bhd (XKLS:6939), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 05, 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 Fiamma Holdings Bhd (XKLS:6939) Overvalued in 2026?

Based on GuruFocus' analysis, Fiamma Holdings Bhd stock appears to be overvalued. The current stock price of RM1.07 is trading 0.9% above its estimated GF Value™ of RM1.06. GuruFocus considers Fiamma Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:6939:

  • Cyclically Adjusted PB Ratio: 0.83 (near median its 10-year median of 0.85)
  • GF Value™: RM1.06 vs. price of RM1.07 (0.9% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 32% below the Furnishings, Fixtures & Appliances median (#120 of 333)

No single metric tells the full story. See the XKLS:6939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fiamma Holdings Bhd Business Description

Address No. 1, Jalan Naga Emas, Menara Chin Hin, Level 20, 8th & Stellar, Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Fiamma Holdings Bhd is engaged in investment holding and property investment. The company's segment includes Investment holding and property investment, Property development, and Trading and services. It generates maximum revenue from the Trading and services segment. The Trading and services segment includes the distribution and servicing of electrical home appliances, sanitaryware, kitchen and wardrobe systems, and built-in furniture, other household products, bathroom accessories, medical devices, and healthcare products.
72GF Score

Get the complete analysis for XKLS:6939

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

RM1.07
Price
RM1.06
GF Value