Borneo Oil Bhd (XKLS:7036) Cyclically Adjusted PB Ratio: 0.04 (As of Jul. 29, 2026) — 56% Below 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.

What is Borneo Oil Bhd Cyclically Adjusted PB Ratio?

Borneo Oil Bhd XKLS:7036 Cyclically Adjusted PB Ratio is 0.04 as of Jul. 29, 2026, which is 56% below its 10-year median of 0.09. The stock has 6 warning signs investors should review. Among 474 Conglomerates companies, Borneo Oil Bhd ranks better than 98.1% on this metric.

As of today (2026-07-29), Borneo Oil Bhd's current share price is RM0.005. Borneo Oil Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.14. Borneo Oil Bhd's Cyclically Adjusted PB Ratio for today is 0.04.

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

XKLS:7036' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.09   Max: 0.29
Current: 0.04

During the past years, Borneo Oil Bhd's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.03. And the median was 0.09.

XKLS:7036's Cyclically Adjusted PB Ratio is ranked better than
98.1% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs XKLS:7036: 0.04

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.

Borneo Oil Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.040. 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 RM0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Borneo Oil Bhd  (XKLS:7036) 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.


Borneo Oil Bhd Cyclically Adjusted PB Ratio Related Terms


Borneo Oil Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Borneo Oil 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.

Borneo Oil Bhd Cyclically Adjusted PB Ratio Chart

Borneo Oil Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.14 0.09 0.06 0.07

Borneo Oil 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 0.06 0.07 0.03 0.03 0.07

XKLS:7036 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Borneo Oil 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.


Borneo Oil Bhd Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Borneo Oil Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Borneo Oil 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.005/0.14
=0.04

* 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.

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

For example, Borneo Oil 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)
=0.04/330.2130*330.2130
=0.040

Current CPI (Mar. 2026) = 330.2130.

Borneo Oil Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201601 0.271 236.916 0.378
201604 0.277 239.261 0.382
201607 0.282 240.628 0.387
201610 0.128 241.729 0.175
201701 0.130 242.839 0.177
201704 0.138 244.524 0.186
201707 0.139 244.786 0.188
201710 0.135 246.663 0.181
201804 0.131 250.546 0.173
201809 0.132 252.439 0.173
201812 0.131 251.233 0.172
201903 0.132 254.202 0.171
201906 0.130 256.143 0.168
201909 0.130 256.759 0.167
201912 0.131 256.974 0.168
202003 0.131 258.115 0.168
202006 0.131 257.797 0.168
202009 0.117 260.280 0.148
202012 0.113 260.474 0.143
202103 0.109 264.877 0.136
202106 0.106 271.696 0.129
202109 0.108 274.310 0.130
202112 0.108 278.802 0.128
202203 0.111 287.504 0.127
202206 0.106 296.311 0.118
202209 0.098 296.808 0.109
202212 0.097 296.797 0.108
202303 0.094 301.836 0.103
202306 0.076 305.109 0.082
202309 0.076 307.789 0.082
202312 0.069 306.746 0.074
202403 0.067 312.332 0.071
202406 0.078 314.175 0.082
202409 0.064 315.301 0.067
202412 0.066 315.605 0.069
202503 0.053 319.799 0.055
202506 0.046 322.561 0.047
202509 0.043 324.800 0.044
202512 0.040 324.054 0.041
202603 0.040 330.213 0.040

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 0.04 mean?
Borneo Oil Bhd (XKLS:7036) has a Cyclically Adjusted PB Ratio of 0.04 as of Jul. 29, 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 Borneo Oil Bhd and its competitors. This is 56% below median its historical median of 0.09. Over the past decade, Borneo Oil Bhd's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.29. According to the industry distribution chart, Borneo Oil Bhd ranks #9 out of 474 companies in the Conglomerates industry, placing it in the top 1.9%.
Is Borneo Oil Bhd's Cyclically Adjusted PB Ratio too high?
Borneo Oil Bhd's current Cyclically Adjusted PB Ratio of 0.04 is 56% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.29. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Borneo Oil Bhd's value of 0.04 is 96.1% below this industry median. Based on the distribution chart, Borneo Oil Bhd ranks #9 out of 474 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Borneo Oil Bhd's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Borneo Oil Bhd ranks #9 out of 474 companies for Cyclically Adjusted PB Ratio. This places Borneo Oil Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.02. Borneo Oil Bhd's value of 0.04 is 96.1% below this benchmark. Historically, Borneo Oil Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.29 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 1.02, Borneo Oil 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Borneo Oil Bhd's current Cyclically Adjusted PB Ratio of 0.04 is 96.1% 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 Borneo Oil Bhd and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borneo Oil Bhd's current Cyclically Adjusted PB Ratio is 0.04, which is 56% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borneo Oil Bhd stock overvalued right now?
Based on GuruFocus' analysis, Borneo Oil Bhd (XKLS:7036) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading 50% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.04, which is 56% below median its 10-year median of 0.09 and 96.1% below the Conglomerates industry median of 1.02. 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 Borneo Oil Bhd (XKLS:7036), the current Cyclically Adjusted PB Ratio is 0.04 as of Jul. 29, 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.

Borneo Oil Bhd Business Description

Address Jalan Satok, Lot 180, Section 19, KTLD, Kuching, SWK, MYS, 93400
Borneo Oil Bhd is a Malaysia-based investment holding company. The company's operating segment includes Head office and others; Food and franchise operations includes ownership of restaurant chains, food manufacturing, and franchise operations; Property investment: Activities involve property maintenance and optimising property portfolios to enhance investment return. Management and Resources and sustainable energy: This includes activities such as mining and the supply of mineral resources. It generates maximum revenue from the Food and franchise operations segment. Geographically, it derives a majority of revenue from Malaysia.