Eksons Bhd (XKLS:9016) Cyclically Adjusted PB Ratio: 0.14 (As of Sep. 17, 2026) — 22% Below Median

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XKLS:9016 Eksons Corp Bhd XKLS:9016
39 GF Score
Price RM0.45
GF Value RM0.33
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Eksons Bhd Cyclically Adjusted PB Ratio?

Eksons Bhd XKLS:9016 39 Cyclically Adjusted PB Ratio is 0.14 as of Sep. 17, 2026, which is 22% below its 10-year median of 0.18. GuruFocus rates XKLS:9016 with a GF Score™ of 39/100 and a GF Value™ of RM0.33 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 206 Forest Products companies, Eksons Bhd ranks better than 91.75% on this metric.

As of today (2026-09-17), Eksons Bhd's current share price is RM0.45. Eksons Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM3.17. Eksons Bhd's Cyclically Adjusted PB Ratio for today is 0.14.

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

XKLS:9016' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 0.3
Current: 0.15

During the past years, Eksons Bhd's highest Cyclically Adjusted PB Ratio was 0.30. The lowest was 0.13. And the median was 0.18.

XKLS:9016's Cyclically Adjusted PB Ratio is ranked better than
91.75% of 206 companies
in the Forest Products industry
Industry Median: 0.74 vs XKLS:9016: 0.15

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.

Eksons Bhd's adjusted book value per share data for the three months ended in Jun. 2026 was RM2.263. 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 RM3.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eksons Bhd  (XKLS:9016) 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.


Eksons Bhd Cyclically Adjusted PB Ratio Related Terms


Eksons Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eksons 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.

Eksons Bhd Cyclically Adjusted PB Ratio Chart

Eksons Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.16 0.16 0.17 0.13

Eksons 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 0.14 0.15 0.13 0.13 0.12

XKLS:9016 vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Eksons 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.


Eksons Bhd Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Eksons Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9016
39GF Score
Eksons Corp Bhd XKLS:9016
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eksons 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.45/3.165
=0.14

* 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.

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

For example, Eksons 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)
=2.263/333.9520*333.9520
=2.263

Current CPI (Jun. 2026) = 333.9520.

Eksons Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.081 241.428 4.262
201612 3.085 241.432 4.267
201703 3.063 243.801 4.196
201706 3.009 244.955 4.102
201709 3.011 246.819 4.074
201712 2.985 246.524 4.044
201803 2.946 249.554 3.942
201806 2.920 251.989 3.870
201809 2.934 252.439 3.881
201812 2.852 251.233 3.791
201903 2.789 254.202 3.664
201906 2.808 256.143 3.661
201909 2.809 256.759 3.654
201912 2.817 256.974 3.661
202003 2.570 258.115 3.325
202006 2.595 257.797 3.362
202009 2.536 260.280 3.254
202012 2.619 260.474 3.358
202103 2.558 264.877 3.225
202106 2.614 271.696 3.213
202109 2.546 274.310 3.100
202112 2.657 278.802 3.183
202203 2.468 287.504 2.867
202206 2.383 296.311 2.686
202209 2.403 296.808 2.704
202212 2.392 296.797 2.691
202303 2.348 301.836 2.598
202306 2.410 305.109 2.638
202309 2.386 307.789 2.589
202312 2.410 306.746 2.624
202403 2.430 312.332 2.598
202406 2.414 314.175 2.566
202409 2.304 315.301 2.440
202412 2.347 315.605 2.483
202503 2.312 319.799 2.414
202506 2.284 322.561 2.365
202509 2.324 324.800 2.389
202512 2.288 324.054 2.358
202603 2.208 330.213 2.233
202606 2.263 333.952 2.263

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 0.14 mean?
Eksons Bhd (XKLS:9016) has a Cyclically Adjusted PB Ratio of 0.14 as of Sep. 17, 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 Eksons Bhd and its competitors. This is 22% below median its historical median of 0.18. Over the past decade, Eksons Bhd's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.30. According to the industry distribution chart, Eksons Bhd ranks #17 out of 206 companies in the Forest Products industry, placing it in the top 8.3%.
Is Eksons Bhd's Cyclically Adjusted PB Ratio too high?
Eksons Bhd's current Cyclically Adjusted PB Ratio of 0.14 is 22% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.30. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. Eksons Bhd's value of 0.14 is 81.1% below this industry median. Based on the distribution chart, Eksons Bhd ranks #17 out of 206 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Eksons Bhd has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eksons Bhd's Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Eksons Bhd ranks #17 out of 206 companies for Cyclically Adjusted PB Ratio. This places Eksons Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.74. Eksons Bhd's value of 0.14 is 81.1% below this benchmark. Historically, Eksons Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.30 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.74, Eksons 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 206 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. Eksons Bhd's current Cyclically Adjusted PB Ratio of 0.14 is 81.1% 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 Eksons Bhd and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eksons Bhd's current Cyclically Adjusted PB Ratio is 0.14, which is 22% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eksons Bhd stock overvalued right now?
Based on GuruFocus' analysis, Eksons Bhd (XKLS:9016) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.45 — trading 36.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.14, which is 22% below median its 10-year median of 0.18 and 81.1% below the Forest Products industry median of 0.74. Eksons Bhd's overall GF Score™ is 39/100 with 2 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 Eksons Bhd (XKLS:9016), the current Cyclically Adjusted PB Ratio is 0.14 as of Sep. 17, 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 Eksons Bhd (XKLS:9016) Overvalued in 2026?

Based on GuruFocus' analysis, Eksons Bhd stock appears to be overvalued. The current stock price of RM0.45 is trading 36.4% above its estimated GF Value™ of RM0.33. GuruFocus considers Eksons Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:9016:

  • Cyclically Adjusted PB Ratio: 0.14 (22% below median its 10-year median of 0.18)
  • GF Value™: RM0.33 vs. price of RM0.45 (36.4% above fair value)
  • GF Score™: 39/100 with 2 warning signs
  • Industry Position: 81.1% below the Forest Products median (#17 of 206)

No single metric tells the full story. See the XKLS:9016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eksons Bhd Business Description

Address Jalan Prima Tropika Barat 2, Lot 1 to 3, Wisma Eksons, Taman Prima Tropika, Seri Kembangan, SGR, MYS, 43300
Eksons Corp Bhd is principally engaged in the business of investment holding. Along with its subsidiaries, it operates in the following reportable segments: Plywood operations, which include the manufacture and sale of sawn timber, veneer, and plywood and generation and supply of power and steam; Property and investment holdings, which include rental of properties, investment holding, and provision of management services; and the Property development segment, which includes the development of commercial and residential properties. The majority of its revenue is generated from the Property development segment. Geographically, the group derives all of its revenue from its business in Malaysia.
39GF Score

Get the complete analysis for XKLS:9016

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

RM0.45
Price
RM0.33
GF Value