Computer Forms (Malaysia) Bhd (XKLS:8044) Cyclically Adjusted PB Ratio: 0.20 (As of Jul. 24, 2026) — 68% Below Median

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What is Computer Forms (Malaysia) Bhd Cyclically Adjusted PB Ratio?

Computer Forms (Malaysia) Bhd XKLS:8044 -6.67% Cyclically Adjusted PB Ratio is 0.20 as of Jul. 24, 2026, which is 68% below its 10-year median of 0.62. The stock has 4 warning signs investors should review. Among 729 Business Services companies, Computer Forms (Malaysia) Bhd ranks better than 94.65% on this metric.

As of today (2026-07-24), Computer Forms (Malaysia) Bhd's current share price is RM0.07. Computer Forms (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was RM0.35. Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio for today is 0.20.

The historical rank and industry rank for Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:8044' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.62   Max: 9.73
Current: 0.2

During the past years, Computer Forms (Malaysia) Bhd's highest Cyclically Adjusted PB Ratio was 9.73. The lowest was 0.19. And the median was 0.62.

XKLS:8044's Cyclically Adjusted PB Ratio is ranked better than
94.65% of 729 companies
in the Business Services industry
Industry Median: 1.56 vs XKLS:8044: 0.20

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.

Computer Forms (Malaysia) Bhd's adjusted book value per share data for the three months ended in Dec. 2025 was RM0.389. 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 RM0.35 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Computer Forms (Malaysia) Bhd  (XKLS:8044) 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.


Computer Forms (Malaysia) Bhd Cyclically Adjusted PB Ratio Related Terms


Computer Forms (Malaysia) Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd Cyclically Adjusted PB Ratio Chart

Computer Forms (Malaysia) Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.81 1.97 2.79 0.40

Computer Forms (Malaysia) Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.34 0.27 0.27 0.24 0.26

XKLS:8044 vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Computer Forms (Malaysia) 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.


Computer Forms (Malaysia) Bhd Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio falls into.



Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.07/0.35
=0.20

* 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.

Computer Forms (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Computer Forms (Malaysia) Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.389/324.0540*324.0540
=0.389

Current CPI (Dec. 2025) = 324.0540.

Computer Forms (Malaysia) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201509 0.257 237.945 0.350
201512 0.263 236.525 0.360
201603 0.259 238.132 0.352
201606 0.254 241.018 0.342
201609 0.252 241.428 0.338
201612 0.257 241.432 0.345
201703 0.254 243.801 0.338
201706 0.252 244.955 0.333
201709 0.250 246.819 0.328
201712 0.253 246.524 0.333
201803 0.241 249.554 0.313
201806 0.237 251.989 0.305
201809 0.228 252.439 0.293
201812 0.229 251.233 0.295
201903 0.227 254.202 0.289
201906 0.224 256.143 0.283
201909 0.223 256.759 0.281
201912 0.219 256.974 0.276
202003 0.218 258.115 0.274
202006 0.218 257.797 0.274
202009 0.218 260.280 0.271
202012 0.218 260.474 0.271
202103 0.219 264.877 0.268
202106 0.218 271.696 0.260
202109 0.320 274.310 0.378
202112 0.321 278.802 0.373
202203 0.311 287.504 0.351
202206 0.309 296.311 0.338
202209 0.347 296.808 0.379
202212 0.448 296.797 0.489
202306 0.487 305.109 0.517
202312 0.460 306.746 0.486
202403 0.455 312.332 0.472
202406 0.454 314.175 0.468
202409 0.442 315.301 0.454
202412 0.441 315.605 0.453
202503 0.394 319.799 0.399
202506 0.391 322.561 0.393
202509 0.385 324.800 0.384
202512 0.389 324.054 0.389

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 0.20 mean?
Computer Forms (Malaysia) Bhd (XKLS:8044) has a Cyclically Adjusted PB Ratio of 0.20 as of Jul. 24, 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 Computer Forms (Malaysia) Bhd and its competitors. This is 68% below median its historical median of 0.62. Over the past decade, Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio has ranged from 0.19 to 9.73. According to the industry distribution chart, Computer Forms (Malaysia) Bhd ranks #39 out of 729 companies in the Business Services industry, placing it in the top 5.3%.
Is Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio too high?
Computer Forms (Malaysia) Bhd's current Cyclically Adjusted PB Ratio of 0.20 is 68% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 9.73. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Computer Forms (Malaysia) Bhd's value of 0.20 is 87.2% below this industry median. Based on the distribution chart, Computer Forms (Malaysia) Bhd ranks #39 out of 729 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Computer Forms (Malaysia) Bhd ranks #39 out of 729 companies for Cyclically Adjusted PB Ratio. This places Computer Forms (Malaysia) Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.56. Computer Forms (Malaysia) Bhd's value of 0.20 is 87.2% below this benchmark. Historically, Computer Forms (Malaysia) Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 9.73 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.56, Computer Forms (Malaysia) 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 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. Computer Forms (Malaysia) Bhd's current Cyclically Adjusted PB Ratio of 0.20 is 87.2% 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 Computer Forms (Malaysia) Bhd and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computer Forms (Malaysia) Bhd's current Cyclically Adjusted PB Ratio is 0.20, which is 68% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Forms (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Computer Forms (Malaysia) Bhd (XKLS:8044) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 40% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is 68% below median its 10-year median of 0.62 and 87.2% below the Business Services industry median of 1.56. 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 Computer Forms (Malaysia) Bhd (XKLS:8044), the current Cyclically Adjusted PB Ratio is 0.20 as of Jul. 24, 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.

Computer Forms (Malaysia) Bhd Business Description

Address Lot 2, Jalan Usahawan 5, Off Jalan Genting Kelang, PKNS Setapak Industrial Area, Kuala Lumpur, MYS, 53300
Computer Forms (Malaysia) Bhd is engaged in the printing and distributing of computer forms, stock forms, and specialized forms. The company operates through three segments namely Business forms and data print services, Commercial printing, Flexible packaging. It generates maximum revenue from the Flexible packaging segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia. It offers various products such as general computer forms, security forms, mail/pressure seal mailers, stock forms, and optical mark recognition/optical character recognition forms.