SAM Engineering & Equipment (M) Bhd (XKLS:9822) Cyclically Adjusted PB Ratio: 2.99 (As of Aug. 11, 2026) — Near Median

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XKLS:9822 SAM Engineering & Equipment (M) Bhd XKLS:9822
72 GF Score
Price RM4.58
GF Value RM3.90
Valuation Modestly Overvalued
! 5 Warning Signs
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What is SAM Engineering & Equipment (M) Bhd Cyclically Adjusted PB Ratio?

SAM Engineering & Equipment (M) Bhd XKLS:9822 +5.77% 72 Cyclically Adjusted PB Ratio is 2.99 as of Aug. 11, 2026, which is 4% below its 10-year median of 3.11. GuruFocus rates XKLS:9822 with a GF Score™ of 72/100 and a GF Value™ of RM3.90 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 210 Aerospace & Defense companies, SAM Engineering & Equipment (M) Bhd ranks better than 62.38% on this metric.

As of today (2026-08-11), SAM Engineering & Equipment (M) Bhd's current share price is RM4.58. SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.53. SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio for today is 2.99.

The historical rank and industry rank for SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:9822' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 3.11   Max: 5.46
Current: 2.78

During the past years, SAM Engineering & Equipment (M) Bhd's highest Cyclically Adjusted PB Ratio was 5.46. The lowest was 1.53. And the median was 3.11.

XKLS:9822's Cyclically Adjusted PB Ratio is ranked better than
62.38% of 210 companies
in the Aerospace & Defense industry
Industry Median: 3.495 vs XKLS:9822: 2.78

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.

SAM Engineering & Equipment (M) Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.958. 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 RM1.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAM Engineering & Equipment (M) Bhd  (XKLS:9822) 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.


SAM Engineering & Equipment (M) Bhd Cyclically Adjusted PB Ratio Related Terms


SAM Engineering & Equipment (M) Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SAM Engineering & Equipment (M) 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.

SAM Engineering & Equipment (M) Bhd Cyclically Adjusted PB Ratio Chart

SAM Engineering & Equipment (M) 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 4.01 3.58 3.75 2.60 2.09

SAM Engineering & Equipment (M) 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 2.60 2.86 2.58 2.50 2.09

XKLS:9822 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, SAM Engineering & Equipment (M) 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.


SAM Engineering & Equipment (M) Bhd Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:9822
72GF Score
SAM Engineering & Equipment (M) Bhd XKLS:9822
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAM Engineering & Equipment (M) 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.

SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.58/1.53
=2.99

* 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.

SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SAM Engineering & Equipment (M) 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)
=1.958/330.2130*330.2130
=1.958

Current CPI (Mar. 2026) = 330.2130.

SAM Engineering & Equipment (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.884 241.018 1.211
201609 0.799 241.428 1.093
201612 0.850 241.432 1.163
201703 0.912 243.801 1.235
201706 0.882 244.955 1.189
201709 0.806 246.819 1.078
201712 0.823 246.524 1.102
201803 0.858 249.554 1.135
201806 0.906 251.989 1.187
201809 0.915 252.439 1.197
201812 0.958 251.233 1.259
201903 0.974 254.202 1.265
201906 1.026 256.143 1.323
201909 0.994 256.759 1.278
201912 1.036 256.974 1.331
202003 1.109 258.115 1.419
202006 1.074 257.797 1.376
202009 1.071 260.280 1.359
202012 1.073 260.474 1.360
202103 1.139 264.877 1.420
202106 1.123 271.696 1.365
202109 1.163 274.310 1.400
202112 1.230 278.802 1.457
202203 1.262 287.504 1.449
202206 1.331 296.311 1.483
202209 1.413 296.808 1.572
202212 1.413 296.797 1.572
202303 1.479 301.836 1.618
202306 1.561 305.109 1.689
202309 1.614 307.789 1.732
202312 1.659 306.746 1.786
202403 2.117 312.332 2.238
202406 2.102 314.175 2.209
202409 1.979 315.301 2.073
202412 2.073 315.605 2.169
202503 2.106 319.799 2.175
202506 2.003 322.561 2.051
202509 2.014 324.800 2.048
202512 1.982 324.054 2.020
202603 1.958 330.213 1.958

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 2.99 mean?
SAM Engineering & Equipment (M) Bhd (XKLS:9822) has a Cyclically Adjusted PB Ratio of 2.99 as of Aug. 11, 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 SAM Engineering & Equipment (M) Bhd and its competitors. This is near median its historical median of 3.11. Over the past decade, SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio has ranged from 1.53 to 5.46. According to the industry distribution chart, SAM Engineering & Equipment (M) Bhd ranks #79 out of 210 companies in the Aerospace & Defense industry, placing it in the top 37.6%.
Is SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio too high?
SAM Engineering & Equipment (M) Bhd's current Cyclically Adjusted PB Ratio of 2.99 is near median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 5.46. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.50. SAM Engineering & Equipment (M) Bhd's value of 2.99 is 14.4% below this industry median. Based on the distribution chart, SAM Engineering & Equipment (M) Bhd ranks #79 out of 210 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, SAM Engineering & Equipment (M) Bhd has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, SAM Engineering & Equipment (M) Bhd ranks #79 out of 210 companies for Cyclically Adjusted PB Ratio. This puts SAM Engineering & Equipment (M) Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.50. SAM Engineering & Equipment (M) Bhd's value of 2.99 is 14.4% below this benchmark. Historically, SAM Engineering & Equipment (M) Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.53 to 5.46 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 3.50, SAM Engineering & Equipment (M) 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.50, based on 210 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. SAM Engineering & Equipment (M) Bhd's current Cyclically Adjusted PB Ratio of 2.99 is 14.4% 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 SAM Engineering & Equipment (M) Bhd and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAM Engineering & Equipment (M) Bhd's current Cyclically Adjusted PB Ratio is 2.99, which is near median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAM Engineering & Equipment (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, SAM Engineering & Equipment (M) Bhd (XKLS:9822) is currently considered Modestly Overvalued. The stock's GF Value™ is RM3.90, compared to a current price of RM4.58 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.99, which is near median its 10-year median of 3.11 and 14.4% below the Aerospace & Defense industry median of 3.50. SAM Engineering & Equipment (M) Bhd's overall GF Score™ is 72/100 with 5 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 SAM Engineering & Equipment (M) Bhd (XKLS:9822), the current Cyclically Adjusted PB Ratio is 2.99 as of Aug. 11, 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 SAM Engineering & Equipment (M) Bhd (XKLS:9822) Overvalued in 2026?

Based on GuruFocus' analysis, SAM Engineering & Equipment (M) Bhd stock appears to be overvalued. The current stock price of RM4.58 is trading 17.4% above its estimated GF Value™ of RM3.90. GuruFocus considers SAM Engineering & Equipment (M) Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:9822:

  • Cyclically Adjusted PB Ratio: 2.99 (near median its 10-year median of 3.11)
  • GF Value™: RM3.90 vs. price of RM4.58 (17.4% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 14.4% below the Aerospace & Defense median (#79 of 210)

No single metric tells the full story. See the XKLS:9822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SAM Engineering & Equipment (M) Bhd Business Description

Address Plot 17, Hilir Sungai Keluang Tiga, Bayan Lepas Free Industrial Zone, Phase 4, Bayan Lepas, PNG, MYS, 11900
SAM Engineering & Equipment (M) Bhd is a Malaysian company that provides precision machining, equipment integration, and automation solutions to aerospace and equipment industries. The company is engaged in providing manufacturing solutions for critical engine parts and other related equipment parts and also on engineering and high precision tooling including large format CNC machining parts. It also provides for the arrangement of equipment engineering and solutions for commercial, semiconductor, and other industries. The company manages its business in two segments namely Aerospace and Equipment manufacturing. It has a business presence in Malaysia, Asia (excluding Malaysia), North America, Latin America, and Europe.
72GF Score

Get the complete analysis for XKLS:9822

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

RM4.58
Price
RM3.90
GF Value