Dialog Group Bhd (XKLS:7277) Cyclically Adjusted PB Ratio: 2.00 (As of Jul. 28, 2026) — 34% 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.

XKLS:7277 Dialog Group Bhd XKLS:7277
83 GF Score
Price RM1.98
GF Value RM2.01
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Dialog Group Bhd Cyclically Adjusted PB Ratio?

Dialog Group Bhd XKLS:7277 83 Cyclically Adjusted PB Ratio is 2.00 as of Jul. 28, 2026, which is 34% below its 10-year median of 3.04. GuruFocus rates XKLS:7277 with a GF Score™ of 83/100 and a GF Value™ of RM2.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 766 Oil & Gas companies, Dialog Group Bhd ranks worse than 69.06% on this metric.

As of today (2026-07-28), Dialog Group Bhd's current share price is RM1.98. Dialog Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.99. Dialog Group Bhd's Cyclically Adjusted PB Ratio for today is 2.00.

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

XKLS:7277' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 3.04   Max: 9.5
Current: 2

During the past years, Dialog Group Bhd's highest Cyclically Adjusted PB Ratio was 9.50. The lowest was 1.41. And the median was 3.04.

XKLS:7277's Cyclically Adjusted PB Ratio is ranked worse than
69.06% of 766 companies
in the Oil & Gas industry
Industry Median: 1.21 vs XKLS:7277: 2.00

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.

Dialog Group Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.141. 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 RM0.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dialog Group Bhd  (XKLS:7277) 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.


Dialog Group Bhd Cyclically Adjusted PB Ratio Related Terms


Dialog Group Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dialog Group 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.

Dialog Group Bhd Cyclically Adjusted PB Ratio Chart

Dialog Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 3.22 2.74 2.82 1.70

Dialog Group 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 1.69 1.70 1.99 1.74 2.20

XKLS:7277 vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Dialog Group 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.


Dialog Group Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dialog Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:7277
83GF Score
Dialog Group Bhd XKLS:7277
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dialog Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.98/0.99
=2.00

* 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.

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

For example, Dialog Group 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)
=1.141/330.2130*330.2130
=1.141

Current CPI (Mar. 2026) = 330.2130.

Dialog Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.459 241.018 0.629
201609 0.484 241.428 0.662
201612 0.500 241.432 0.684
201703 0.533 243.801 0.722
201706 0.557 244.955 0.751
201709 0.594 246.819 0.795
201712 0.598 246.524 0.801
201803 0.618 249.554 0.818
201806 0.621 251.989 0.814
201809 0.644 252.439 0.842
201812 0.645 251.233 0.848
201903 0.665 254.202 0.864
201906 0.672 256.143 0.866
201909 0.697 256.759 0.896
201912 0.703 256.974 0.903
202003 0.722 258.115 0.924
202006 0.733 257.797 0.939
202009 0.758 260.280 0.962
202012 0.853 260.474 1.081
202103 0.888 264.877 1.107
202106 0.903 271.696 1.097
202109 0.929 274.310 1.118
202112 0.933 278.802 1.105
202203 0.968 287.504 1.112
202206 0.984 296.311 1.097
202209 1.021 296.808 1.136
202212 1.023 296.797 1.138
202303 1.051 301.836 1.150
202306 1.077 305.109 1.166
202309 1.098 307.789 1.178
202312 1.101 306.746 1.185
202403 1.134 312.332 1.199
202406 1.142 314.175 1.200
202409 1.113 315.301 1.166
202412 1.078 315.605 1.128
202503 1.101 319.799 1.137
202506 1.106 322.561 1.132
202509 1.126 324.800 1.145
202512 1.118 324.054 1.139
202603 1.141 330.213 1.141

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 2.00 mean?
Dialog Group Bhd (XKLS:7277) has a Cyclically Adjusted PB Ratio of 2.00 as of Jul. 28, 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 Dialog Group Bhd and its competitors. This is 34% below median its historical median of 3.04. Over the past decade, Dialog Group Bhd's Cyclically Adjusted PB Ratio has ranged from 1.41 to 9.50. According to the industry distribution chart, Dialog Group Bhd ranks #529 out of 766 companies in the Oil & Gas industry, placing it in the top 69.1%.
Is Dialog Group Bhd's Cyclically Adjusted PB Ratio too high?
Dialog Group Bhd's current Cyclically Adjusted PB Ratio of 2.00 is 34% below median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 9.50. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Dialog Group Bhd's value of 2.00 is 65.3% above this industry median. Based on the distribution chart, Dialog Group Bhd ranks #529 out of 766 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Dialog Group Bhd has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dialog Group Bhd's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dialog Group Bhd ranks #529 out of 766 companies for Cyclically Adjusted PB Ratio. This places Dialog Group Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Dialog Group Bhd's value of 2.00 is 65.3% above this benchmark. Historically, Dialog Group Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.41 to 9.50 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 1.21, Dialog Group 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 766 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. Dialog Group Bhd's current Cyclically Adjusted PB Ratio of 2.00 is 65.3% 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 Dialog Group Bhd and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dialog Group Bhd's current Cyclically Adjusted PB Ratio is 2.00, which is 34% below median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dialog Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dialog Group Bhd (XKLS:7277) is currently considered Fairly Valued. The stock's GF Value™ is RM2.01, compared to a current price of RM1.98 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is 34% below median its 10-year median of 3.04 and 65.3% above the Oil & Gas industry median of 1.21. Dialog Group Bhd's overall GF Score™ is 83/100 with 3 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 Dialog Group Bhd (XKLS:7277), the current Cyclically Adjusted PB Ratio is 2.00 as of Jul. 28, 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 Dialog Group Bhd (XKLS:7277) Overvalued in 2026?

Based on GuruFocus' analysis, Dialog Group Bhd stock appears to be undervalued. The current stock price of RM1.98 is trading 1.5% below its estimated GF Value™ of RM2.01. GuruFocus considers Dialog Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:7277:

  • Cyclically Adjusted PB Ratio: 2.00 (34% below median its 10-year median of 3.04)
  • GF Value™: RM2.01 vs. price of RM1.98 (1.5% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 65.3% above the Oil & Gas median (#529 of 766)

No single metric tells the full story. See the XKLS:7277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dialog Group Bhd Business Description

Industry EnergyOil & Gas
Address No. 15, Jalan PJU 7/5, Dialog Tower, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47810
Dialog Group Bhd is an investment holding company managing subsidiaries across the energy sector. Its activities include logistics assets and services in tank terminals, upstream assets and services, engineering, procurement, construction, commissioning and fabrication, specialist products, plant maintenance and catalyst handling, petrochemicals, sustainable and renewables business, and digital technology and solutions. It provides engineering, procurement, construction, and commissioning for energy projects, plant maintenance and catalyst handling for refineries, specialist products, fabrication of process equipment, digital technology to improve efficiency, and petrochemicals. The company operates mainly in Malaysia and other regions, generating the majority of revenue from Malaysia.
83GF Score

Get the complete analysis for XKLS:7277

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

RM1.98
Price
RM2.01
GF Value