MK Land Holdings Bhd (XKLS:8893) Cyclically Adjusted PB Ratio: 0.12 (As of Jul. 31, 2026) — 14% Below Median

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XKLS:8893 MK Land Holdings Bhd XKLS:8893
45 GF Score
Price RM0.15
GF Value RM0.15
Valuation Fairly Valued
! 7 Warning Signs
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What is MK Land Holdings Bhd Cyclically Adjusted PB Ratio?

MK Land Holdings Bhd XKLS:8893 +3.57% 45 Cyclically Adjusted PB Ratio is 0.12 as of Jul. 31, 2026, which is 14% below its 10-year median of 0.14. GuruFocus rates XKLS:8893 with a GF Score™ of 45/100 and a GF Value™ of RM0.15 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,418 Real Estate companies, MK Land Holdings Bhd ranks better than 89.14% on this metric.

As of today (2026-07-31), MK Land Holdings Bhd's current share price is RM0.145. MK Land Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.21. MK Land Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.12.

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

XKLS:8893' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.14   Max: 0.25
Current: 0.12

During the past years, MK Land Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.07. And the median was 0.14.

XKLS:8893's Cyclically Adjusted PB Ratio is ranked better than
89.14% of 1418 companies
in the Real Estate industry
Industry Median: 0.69 vs XKLS:8893: 0.12

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.

MK Land Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.053. 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 RM1.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MK Land Holdings Bhd  (XKLS:8893) 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.


MK Land Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


MK Land Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MK Land Holdings 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.

MK Land Holdings Bhd Cyclically Adjusted PB Ratio Chart

MK Land Holdings 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 0.18 0.13 0.12 0.18 0.12

MK Land Holdings 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 0.13 0.12 0.12 0.12 0.11

MK Land Holdings Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, MK Land Holdings 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.


MK Land Holdings Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XKLS:8893
45GF Score
MK Land Holdings Bhd XKLS:8893
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MK Land Holdings 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.

MK Land Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.145/1.21
=0.12

* 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.

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

For example, MK Land Holdings 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)
=1.053/330.2130*330.2130
=1.053

Current CPI (Mar. 2026) = 330.2130.

MK Land Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.960 241.018 1.315
201609 0.964 241.428 1.319
201612 0.967 241.432 1.323
201703 0.971 243.801 1.315
201706 0.967 244.955 1.304
201709 0.979 246.819 1.310
201712 0.983 246.524 1.317
201803 0.986 249.554 1.305
201806 0.990 251.989 1.297
201809 0.995 252.439 1.302
201812 0.997 251.233 1.310
201903 0.998 254.202 1.296
201906 0.995 256.143 1.283
201909 0.996 256.759 1.281
201912 0.997 256.974 1.281
202003 1.001 258.115 1.281
202006 0.991 257.797 1.269
202009 0.995 260.280 1.262
202012 0.997 260.474 1.264
202103 0.999 264.877 1.245
202106 1.008 271.696 1.225
202109 1.010 274.310 1.216
202112 1.012 278.802 1.199
202203 1.015 287.504 1.166
202206 1.022 296.311 1.139
202209 1.023 296.808 1.138
202212 1.025 296.797 1.140
202303 1.026 301.836 1.122
202306 1.033 305.109 1.118
202309 1.034 307.789 1.109
202312 1.035 306.746 1.114
202403 1.036 312.332 1.095
202406 1.043 314.175 1.096
202409 1.044 315.301 1.093
202412 1.045 315.605 1.093
202503 1.045 319.799 1.079
202506 1.051 322.561 1.076
202509 1.052 324.800 1.070
202512 1.052 324.054 1.072
202603 1.053 330.213 1.053

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 0.12 mean?
MK Land Holdings Bhd (XKLS:8893) has a Cyclically Adjusted PB Ratio of 0.12 as of Jul. 31, 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 MK Land Holdings Bhd and its competitors. This is 14% below median its historical median of 0.14. Over the past decade, MK Land Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.25. According to the industry distribution chart, MK Land Holdings Bhd ranks #154 out of 1418 companies in the Real Estate industry, placing it in the top 10.9%.
Is MK Land Holdings Bhd's Cyclically Adjusted PB Ratio too high?
MK Land Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.12 is 14% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.25. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. MK Land Holdings Bhd's value of 0.12 is 82.6% below this industry median. Based on the distribution chart, MK Land Holdings Bhd ranks #154 out of 1418 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, MK Land Holdings Bhd has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MK Land Holdings Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, MK Land Holdings Bhd ranks #154 out of 1418 companies for Cyclically Adjusted PB Ratio. This places MK Land Holdings Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. MK Land Holdings Bhd's value of 0.12 is 82.6% below this benchmark. Historically, MK Land Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.25 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.69, MK Land Holdings 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,418 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. MK Land Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.12 is 82.6% 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 MK Land Holdings Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MK Land Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.12, which is 14% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Land Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MK Land Holdings Bhd (XKLS:8893) is currently considered Fairly Valued. The stock's GF Value™ is RM0.15, compared to a current price of RM0.15 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.12, which is 14% below median its 10-year median of 0.14 and 82.6% below the Real Estate industry median of 0.69. MK Land Holdings Bhd's overall GF Score™ is 45/100 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 MK Land Holdings Bhd (XKLS:8893), the current Cyclically Adjusted PB Ratio is 0.12 as of Jul. 31, 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 MK Land Holdings Bhd (XKLS:8893) Overvalued in 2026?

Based on GuruFocus' analysis, MK Land Holdings Bhd stock appears to be undervalued. The current stock price of RM0.15 is trading 3.3% below its estimated GF Value™ of RM0.15. GuruFocus considers MK Land Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:8893:

  • Cyclically Adjusted PB Ratio: 0.12 (14% below median its 10-year median of 0.14)
  • GF Value™: RM0.15 vs. price of RM0.15 (3.3% below fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 82.6% below the Real Estate median (#154 of 1418)

No single metric tells the full story. See the XKLS:8893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MK Land Holdings Bhd Business Description

Address Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
MK Land Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in property development, operator and owner of resort, hotel and theme park, investment holding, property investment, solar power producer and provision of educational services. The company's reportable operating segments are as follows: (i) Property development - the development of mixed properties and its related activities; (ii) Leisure - operation of resorts/hotels and theme parks; (iii) Investment holding - investments in subsidiaries and property investment; and (iv) Solar - solar power producer. The majority of revenue is generated from the sale of property under development. Geographically, the company predominantly operates in Malaysia.
45GF Score

Get the complete analysis for XKLS:8893

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

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