Bright Packaging Industry Bhd (XKLS:9938) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 27, 2026) — 24% Below Median

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XKLS:9938 Bright Packaging Industry Bhd XKLS:9938
58 GF Score
Price RM0.16
GF Value RM0.20
Valuation Modestly Undervalued
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What is Bright Packaging Industry Bhd Cyclically Adjusted PB Ratio?

Bright Packaging Industry Bhd XKLS:9938 58 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 27, 2026, which is 24% below its 10-year median of 0.29. GuruFocus rates XKLS:9938 with a GF Score™ of 58/100 and a GF Value™ of RM0.20 (Modestly Undervalued). Among 317 Packaging & Containers companies, Bright Packaging Industry Bhd ranks better than 94.95% on this metric.

As of today (2026-07-27), Bright Packaging Industry Bhd's current share price is RM0.155. Bright Packaging Industry Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was RM0.69. Bright Packaging Industry Bhd's Cyclically Adjusted PB Ratio for today is 0.22.

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

XKLS:9938' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.29   Max: 0.49
Current: 0.23

During the past years, Bright Packaging Industry Bhd's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.22. And the median was 0.29.

XKLS:9938's Cyclically Adjusted PB Ratio is ranked better than
94.95% of 317 companies
in the Packaging & Containers industry
Industry Median: 1.14 vs XKLS:9938: 0.23

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.

Bright Packaging Industry Bhd's adjusted book value per share data for the three months ended in Feb. 2026 was RM0.645. 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 RM0.69 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bright Packaging Industry Bhd  (XKLS:9938) 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.


Bright Packaging Industry Bhd Cyclically Adjusted PB Ratio Related Terms


Bright Packaging Industry Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd Cyclically Adjusted PB Ratio Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.26 0.29 0.28 0.29

Bright Packaging Industry Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 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 0.25 0.23 0.29 0.28 0.25

XKLS:9938 vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Bright Packaging Industry 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.


Bright Packaging Industry Bhd Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bright Packaging Industry Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9938
58GF Score
Bright Packaging Industry Bhd XKLS:9938
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Packaging Industry 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.

Bright Packaging Industry Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.155/0.69
=0.22

* 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.

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

For example, Bright Packaging Industry 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)
=0.645/326.7850*326.7850
=0.645

Current CPI (Feb. 2026) = 326.7850.

Bright Packaging Industry Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201605 0.585 240.229 0.796
201608 0.593 240.849 0.805
201611 0.592 241.353 0.802
201702 0.583 243.603 0.782
201705 0.581 244.733 0.776
201708 0.581 245.519 0.773
201711 0.570 246.669 0.755
201802 0.563 248.991 0.739
201805 0.559 251.588 0.726
201808 0.564 252.146 0.731
201811 0.564 252.038 0.731
201902 0.562 252.776 0.727
201905 0.561 256.092 0.716
201908 0.573 256.558 0.730
201911 0.572 257.208 0.727
202002 0.570 258.678 0.720
202005 0.573 256.394 0.730
202008 0.567 259.918 0.713
202011 0.561 260.229 0.704
202102 0.557 263.014 0.692
202105 0.554 269.195 0.673
202108 0.555 273.567 0.663
202111 0.551 277.948 0.648
202202 0.553 283.716 0.637
202205 0.562 292.296 0.628
202208 0.567 296.171 0.626
202211 0.548 297.711 0.602
202302 0.545 300.840 0.592
202305 0.578 304.127 0.621
202308 0.591 307.026 0.629
202311 0.592 307.051 0.630
202402 0.591 310.326 0.622
202405 0.594 314.069 0.618
202408 0.603 314.796 0.626
202411 0.612 315.493 0.634
202502 0.617 319.082 0.632
202505 0.626 321.465 0.636
202508 0.634 323.976 0.639
202511 0.645 324.122 0.650
202602 0.645 326.785 0.645

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 0.22 mean?
Bright Packaging Industry Bhd (XKLS:9938) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 27, 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 Bright Packaging Industry Bhd and its competitors. This is 24% below median its historical median of 0.29. Over the past decade, Bright Packaging Industry Bhd's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.49. According to the industry distribution chart, Bright Packaging Industry Bhd ranks #16 out of 317 companies in the Packaging & Containers industry, placing it in the top 5%.
Is Bright Packaging Industry Bhd's Cyclically Adjusted PB Ratio too high?
Bright Packaging Industry Bhd's current Cyclically Adjusted PB Ratio of 0.22 is 24% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.49. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.14. Bright Packaging Industry Bhd's value of 0.22 is 80.7% below this industry median. Based on the distribution chart, Bright Packaging Industry Bhd ranks #16 out of 317 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Packaging Industry Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bright Packaging Industry Bhd's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bright Packaging Industry Bhd ranks #16 out of 317 companies for Cyclically Adjusted PB Ratio. This places Bright Packaging Industry Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. Bright Packaging Industry Bhd's value of 0.22 is 80.7% below this benchmark. Historically, Bright Packaging Industry Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.49 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.14, Bright Packaging Industry 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.14, based on 317 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. Bright Packaging Industry Bhd's current Cyclically Adjusted PB Ratio of 0.22 is 80.7% 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 Bright Packaging Industry Bhd and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Packaging Industry Bhd's current Cyclically Adjusted PB Ratio is 0.22, which is 24% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Packaging Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bright Packaging Industry Bhd (XKLS:9938) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.16 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 24% below median its 10-year median of 0.29 and 80.7% below the Packaging & Containers industry median of 1.14. Bright Packaging Industry Bhd's overall GF Score™ is 58/100. 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 Bright Packaging Industry Bhd (XKLS:9938), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 27, 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 Bright Packaging Industry Bhd (XKLS:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Packaging Industry Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 22.5% below its estimated GF Value™ of RM0.20. GuruFocus considers Bright Packaging Industry Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9938:

  • Cyclically Adjusted PB Ratio: 0.22 (24% below median its 10-year median of 0.29)
  • GF Value™: RM0.20 vs. price of RM0.16 (22.5% below fair value)
  • GF Score™: 58/100
  • Industry Position: 80.7% below the Packaging & Containers median (#16 of 317)

No single metric tells the full story. See the XKLS:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Packaging Industry Bhd Business Description

Address No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate based in Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionery, and pharmaceutical industries. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminates for tissue, wood-free paper, board, and inner frames, and it also exports to other countries. Geographically, the company generates revenue from Indonesia, Malaysia, Taiwan, Vietnam, Korea, the Philippines, and India, with the majority of revenue coming from Indonesia.
58GF Score

Get the complete analysis for XKLS:9938

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

RM0.16
Price
RM0.20
GF Value