Thriven Global Bhd (XKLS:7889) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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 Thriven Global Bhd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thriven Global Bhd  (XKLS:7889) 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.


Thriven Global Bhd Cyclically Adjusted PB Ratio Related Terms


Thriven Global Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thriven Global 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.

Thriven Global Bhd Cyclically Adjusted PB Ratio Chart

Thriven Global 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 0.40 0.25 0.28 0.37 0.21

Thriven Global 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 0.26 0.22 0.20 0.22 0.23

Thriven Global Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Thriven Global 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.


Thriven Global Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thriven Global Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thriven Global 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.

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

For example, Thriven Global 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)
=0.11/333.9520*333.9520
=0.110

Current CPI (Jun. 2026) = 333.9520.

Thriven Global Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.313 241.428 0.433
201612 0.294 241.432 0.407
201703 0.289 243.801 0.396
201706 0.282 244.955 0.384
201709 0.287 246.819 0.388
201712 0.313 246.524 0.424
201803 0.320 249.554 0.428
201806 0.336 251.989 0.445
201809 0.355 252.439 0.470
201812 0.353 251.233 0.469
201903 0.402 254.202 0.528
201906 0.410 256.143 0.535
201909 0.423 256.759 0.550
201912 0.374 256.974 0.486
202003 0.372 258.115 0.481
202006 0.362 257.797 0.469
202009 0.354 260.280 0.454
202012 0.335 260.474 0.430
202103 0.339 264.877 0.427
202106 0.337 271.696 0.414
202109 0.334 274.310 0.407
202112 0.309 278.802 0.370
202203 0.302 287.504 0.351
202206 0.294 296.311 0.331
202209 0.303 296.808 0.341
202212 0.294 296.797 0.331
202303 0.260 301.836 0.288
202306 0.249 305.109 0.273
202309 0.237 307.789 0.257
202312 0.206 306.746 0.224
202403 0.196 312.332 0.210
202406 0.188 314.175 0.200
202409 0.192 315.301 0.203
202412 0.151 315.605 0.160
202503 0.146 319.799 0.152
202506 0.138 322.561 0.143
202509 0.128 324.800 0.132
202512 0.110 324.054 0.113
202603 0.117 330.213 0.118
202606 0.110 333.952 0.110

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.


Thriven Global Bhd Business Description

Address No. 2, Persiaran Tropicana, PJU 3, PS1-08, Lumi Tropicana, Petaling Jaya, SGR, MYS, 47410
Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through the segments, Property Development which is engaged in the development of residential and commercial properties. The Property Investment segment is engaged in the management and leasing of properties, Food and beverages, and investment holding activities. The company generates the majority of its revenue from the Property Development segment. The group operates only in Malaysia.