Fitters Diversified Bhd (XKLS:9318) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 30, 2026) — 57% Below Median

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What is Fitters Diversified Bhd Cyclically Adjusted PB Ratio?

Fitters Diversified Bhd XKLS:9318 +33.33% Cyclically Adjusted PB Ratio is 0.03 as of Jul. 30, 2026, which is 57% below its 10-year median of 0.07. The stock has 6 warning signs investors should review. Among 472 Conglomerates companies, Fitters Diversified Bhd ranks better than 98.52% on this metric.

As of today (2026-07-30), Fitters Diversified Bhd's current share price is RM0.02. Fitters Diversified Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was RM0.59. Fitters Diversified Bhd's Cyclically Adjusted PB Ratio for today is 0.03.

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

XKLS:9318' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.56
Current: 0.03

During the past years, Fitters Diversified Bhd's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.03. And the median was 0.07.

XKLS:9318's Cyclically Adjusted PB Ratio is ranked better than
98.52% of 472 companies
in the Conglomerates industry
Industry Median: 1 vs XKLS:9318: 0.03

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.

Fitters Diversified Bhd's adjusted book value per share data for the three months ended in Feb. 2026 was RM0.169. 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 RM0.59 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fitters Diversified Bhd  (XKLS:9318) 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.


Fitters Diversified Bhd Cyclically Adjusted PB Ratio Related Terms


Fitters Diversified Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Cyclically Adjusted PB Ratio Chart

Fitters Diversified Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.32 0.37 0.11 0.08

Fitters Diversified Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Nov25 Feb26
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 0.06 0.04 0.05 0.05 0.04

XKLS:9318 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Fitters Diversified 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.


Fitters Diversified Bhd Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fitters Diversified 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.59
=0.03

* 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.

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

For example, Fitters Diversified Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.169/326.7850*326.7850
=0.169

Current CPI (Feb. 2026) = 326.7850.

Fitters Diversified Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.591 236.525 0.817
201603 0.589 238.132 0.808
201606 0.590 241.018 0.800
201609 0.603 241.428 0.816
201612 0.586 241.432 0.793
201703 0.586 243.801 0.785
201706 0.585 244.955 0.780
201709 0.593 246.819 0.785
201712 0.588 246.524 0.779
201803 0.597 249.554 0.782
201806 0.596 251.989 0.773
201809 0.608 252.439 0.787
201812 0.634 251.233 0.825
201903 0.624 254.202 0.802
201906 0.629 256.143 0.802
201909 0.639 256.759 0.813
201912 0.631 256.974 0.802
202003 0.645 258.115 0.817
202006 0.643 257.797 0.815
202009 0.641 260.280 0.805
202012 0.629 260.474 0.789
202103 0.622 264.877 0.767
202106 0.635 271.696 0.764
202109 0.630 274.310 0.751
202112 0.614 278.802 0.720
202206 0.496 296.311 0.547
202209 0.457 296.808 0.503
202212 0.440 296.797 0.484
202303 0.404 301.836 0.437
202306 0.172 305.109 0.184
202309 0.175 307.789 0.186
202312 0.173 306.746 0.184
202403 0.167 312.332 0.175
202406 0.167 314.175 0.174
202409 0.169 315.301 0.175
202412 0.169 315.605 0.175
202503 0.168 319.799 0.172
202506 0.170 322.561 0.172
202511 0.170 324.122 0.171
202602 0.169 326.785 0.169

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 0.03 mean?
Fitters Diversified Bhd (XKLS:9318) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 30, 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 Fitters Diversified Bhd and its competitors. This is 57% below median its historical median of 0.07. Over the past decade, Fitters Diversified Bhd's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.56. According to the industry distribution chart, Fitters Diversified Bhd ranks #7 out of 472 companies in the Conglomerates industry, placing it in the top 1.5%.
Is Fitters Diversified Bhd's Cyclically Adjusted PB Ratio too high?
Fitters Diversified Bhd's current Cyclically Adjusted PB Ratio of 0.03 is 57% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.56. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.00. Fitters Diversified Bhd's value of 0.03 is 97% below this industry median. Based on the distribution chart, Fitters Diversified Bhd ranks #7 out of 472 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Fitters Diversified Bhd's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Fitters Diversified Bhd ranks #7 out of 472 companies for Cyclically Adjusted PB Ratio. This places Fitters Diversified Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.00. Fitters Diversified Bhd's value of 0.03 is 97% below this benchmark. Historically, Fitters Diversified Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.56 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.00, Fitters Diversified 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.00, based on 472 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. Fitters Diversified Bhd's current Cyclically Adjusted PB Ratio of 0.03 is 97% 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 Fitters Diversified Bhd and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitters Diversified Bhd's current Cyclically Adjusted PB Ratio is 0.03, which is 57% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitters Diversified Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fitters Diversified Bhd (XKLS:9318) is currently considered Fairly Valued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.02 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.03, which is 57% below median its 10-year median of 0.07 and 97% below the Conglomerates industry median of 1.00. 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 Fitters Diversified Bhd (XKLS:9318), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 30, 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.

Fitters Diversified Bhd Business Description

Address Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill, and Investment holding. Its geographical segments include Malaysia, the British Virgin Islands, and Singapore, of which a majority of the revenue is generated within Malaysia.