CelcomDigi Bhd (XKLS:6947) Cyclically Adjusted PB Ratio: 4.37 (As of Sep. 16, 2026) — 87% Below Median

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XKLS:6947 CelcomDigi Bhd XKLS:6947
84 GF Score
Price RM2.68
GF Value RM3.78
Valuation Modestly Undervalued
! 7 Warning Signs
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What is CelcomDigi Bhd Cyclically Adjusted PB Ratio?

CelcomDigi Bhd XKLS:6947 -0.74% 84 Cyclically Adjusted PB Ratio is 4.37 as of Sep. 16, 2026, which is 87% below its 10-year median of 33.00. GuruFocus rates XKLS:6947 with a GF Score™ of 84/100 and a GF Value™ of RM3.78 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 288 Telecommunication Services companies, CelcomDigi Bhd ranks worse than 84.72% on this metric.

As of today (2026-09-16), CelcomDigi Bhd's current share price is RM2.68. CelcomDigi Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.61. CelcomDigi Bhd's Cyclically Adjusted PB Ratio for today is 4.37.

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

XKLS:6947' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.43   Med: 33   Max: 49
Current: 4.46

During the past years, CelcomDigi Bhd's highest Cyclically Adjusted PB Ratio was 49.00. The lowest was 4.43. And the median was 33.00.

XKLS:6947's Cyclically Adjusted PB Ratio is ranked worse than
84.72% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.74 vs XKLS:6947: 4.46

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.

CelcomDigi Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM1.363. 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 RM0.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CelcomDigi Bhd  (XKLS:6947) 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.


CelcomDigi Bhd Cyclically Adjusted PB Ratio Related Terms


CelcomDigi Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CelcomDigi 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.

CelcomDigi Bhd Cyclically Adjusted PB Ratio Chart

CelcomDigi 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 52.53 17.86 11.30 7.28 5.00

CelcomDigi 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 8.40 7.36 5.99 5.15 4.36

XKLS:6947 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, CelcomDigi 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.


CelcomDigi Bhd Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, CelcomDigi Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6947
84GF Score
CelcomDigi Bhd XKLS:6947
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CelcomDigi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.68/0.613
=4.37

* 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.

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

For example, CelcomDigi 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)
=1.363/333.9520*333.9520
=1.363

Current CPI (Jun. 2026) = 333.9520.

CelcomDigi Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.075 241.428 0.104
201612 0.067 241.432 0.093
201703 0.067 243.801 0.092
201706 0.066 244.955 0.090
201709 0.069 246.819 0.093
201712 0.067 246.524 0.091
201803 0.086 249.554 0.115
201806 0.087 251.989 0.115
201809 0.088 252.439 0.116
201812 0.087 251.233 0.116
201903 0.083 254.202 0.109
201906 0.090 256.143 0.117
201909 0.086 256.759 0.112
201912 0.085 256.974 0.110
202003 0.084 258.115 0.109
202006 0.079 257.797 0.102
202009 0.083 260.280 0.106
202012 0.078 260.474 0.100
202103 0.076 264.877 0.096
202106 0.078 271.696 0.096
202109 0.082 274.310 0.100
202112 0.081 278.802 0.097
202203 0.073 287.504 0.085
202206 0.072 296.311 0.081
202209 0.078 296.808 0.088
202212 1.398 296.797 1.573
202303 1.387 301.836 1.535
202306 1.384 305.109 1.515
202309 1.391 307.789 1.509
202312 1.403 306.746 1.527
202403 1.399 312.332 1.496
202406 1.400 314.175 1.488
202409 1.402 315.301 1.485
202412 1.380 315.605 1.460
202503 1.376 319.799 1.437
202506 1.376 322.561 1.425
202509 1.368 324.800 1.407
202512 1.362 324.054 1.404
202603 1.362 330.213 1.377
202606 1.363 333.952 1.363

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 4.37 mean?
CelcomDigi Bhd (XKLS:6947) has a Cyclically Adjusted PB Ratio of 4.37 as of Sep. 16, 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 CelcomDigi Bhd and its competitors. This is 87% below median its historical median of 33.00. Over the past decade, CelcomDigi Bhd's Cyclically Adjusted PB Ratio has ranged from 4.43 to 49.00. According to the industry distribution chart, CelcomDigi Bhd ranks #244 out of 288 companies in the Telecommunication Services industry, placing it in the top 84.7%.
Is CelcomDigi Bhd's Cyclically Adjusted PB Ratio too high?
CelcomDigi Bhd's current Cyclically Adjusted PB Ratio of 4.37 is 87% below median its 10-year median of 33.00. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 49.00. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.74. CelcomDigi Bhd's value of 4.37 is 151.1% above this industry median. Based on the distribution chart, CelcomDigi Bhd ranks #244 out of 288 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, CelcomDigi Bhd has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CelcomDigi Bhd's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, CelcomDigi Bhd ranks #244 out of 288 companies for Cyclically Adjusted PB Ratio. This places CelcomDigi Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.74. CelcomDigi Bhd's value of 4.37 is 151.1% above this benchmark. Historically, CelcomDigi Bhd's own Cyclically Adjusted PB Ratio has ranged from 4.43 to 49.00 over the past decade. While the company's 10-year median is 33.00 vs. the industry median of 1.74, CelcomDigi 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.74, based on 288 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. CelcomDigi Bhd's current Cyclically Adjusted PB Ratio of 4.37 is 151.1% 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 CelcomDigi Bhd and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CelcomDigi Bhd's current Cyclically Adjusted PB Ratio is 4.37, which is 87% below median its own 10-year median of 33.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CelcomDigi Bhd stock overvalued right now?
Based on GuruFocus' analysis, CelcomDigi Bhd (XKLS:6947) is currently considered Modestly Undervalued. The stock's GF Value™ is RM3.78, compared to a current price of RM2.68 — trading 29.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.37, which is 87% below median its 10-year median of 33.00 and 151.1% above the Telecommunication Services industry median of 1.74. CelcomDigi Bhd's overall GF Score™ is 84/100 with 7 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 CelcomDigi Bhd (XKLS:6947), the current Cyclically Adjusted PB Ratio is 4.37 as of Sep. 16, 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 CelcomDigi Bhd (XKLS:6947) Overvalued in 2026?

Based on GuruFocus' analysis, CelcomDigi Bhd stock appears to be undervalued. The current stock price of RM2.68 is trading 29.1% below its estimated GF Value™ of RM3.78. GuruFocus considers CelcomDigi Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6947:

  • Cyclically Adjusted PB Ratio: 4.37 (87% below median its 10-year median of 33.00)
  • GF Value™: RM3.78 vs. price of RM2.68 (29.1% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 151.1% above the Telecommunication Services median (#244 of 288)

No single metric tells the full story. See the XKLS:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CelcomDigi Bhd Business Description

Address No. 6, Persiaran Barat, Seksyen 52, Level 30, Menara CelcomDigi, Petaling Jaya, SGR, MYS, 46200
CelcomDigi Bhd is a telecommunications company. The company is mainly engaged in providing mobile communication and wireless Internet services to customers across the country, and its products and services essentially share a similar risk profile.
84GF Score

Get the complete analysis for XKLS:6947

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

RM2.68
Price
RM3.78
GF Value