Malam-Team (XTAE:MLTM) Cyclically Adjusted PB Ratio: 2.19 (As of Aug. 05, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:MLTM Malam-Team Ltd XTAE:MLTM
79 GF Score
Price ₪80.76
GF Value ₪93.11
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Malam-Team Cyclically Adjusted PB Ratio?

Malam-Team XTAE:MLTM 79 Cyclically Adjusted PB Ratio is 2.19 as of Aug. 05, 2026, which is 4% above its 10-year median of 2.11. GuruFocus rates XTAE:MLTM with a GF Score™ of 79/100 and a GF Value™ of ₪93.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,568 Software companies, Malam-Team ranks better than 50.7% on this metric.

As of today (2026-08-05), Malam-Team's current share price is ₪80.76. Malam-Team's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪36.86. Malam-Team's Cyclically Adjusted PB Ratio for today is 2.19.

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

XTAE:MLTM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.11   Max: 4.33
Current: 2.19

During the past years, Malam-Team's highest Cyclically Adjusted PB Ratio was 4.33. The lowest was 1.32. And the median was 2.11.

XTAE:MLTM's Cyclically Adjusted PB Ratio is ranked better than
50.7% of 1568 companies
in the Software industry
Industry Median: 2.23 vs XTAE:MLTM: 2.19

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.

Malam-Team's adjusted book value per share data for the three months ended in Mar. 2026 was ₪36.298. 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 ₪36.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malam-Team  (XTAE:MLTM) 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.


Malam-Team Cyclically Adjusted PB Ratio Related Terms


Malam-Team Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Malam-Team'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.

Malam-Team Cyclically Adjusted PB Ratio Chart

Malam-Team Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.50 2.26 3.69

Malam-Team 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 1.98 2.78 3.36 3.69 2.22

XTAE:MLTM vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Malam-Team'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.


Malam-Team Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Malam-Team's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Malam-Team's Cyclically Adjusted PB Ratio falls into.


XTAE:MLTM
79GF Score
Malam-Team Ltd XTAE:MLTM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malam-Team 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.

Malam-Team's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.76/36.86
=2.19

* 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.

Malam-Team's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Malam-Team'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)
=36.298/330.2130*330.2130
=36.298

Current CPI (Mar. 2026) = 330.2130.

Malam-Team Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.706 241.018 33.849
201609 25.446 241.428 34.804
201612 26.578 241.432 36.351
201703 25.384 243.801 34.381
201706 25.139 244.955 33.889
201709 24.106 246.819 32.251
201712 25.264 246.524 33.841
201803 26.162 249.554 34.618
201806 26.506 251.989 34.734
201809 27.051 252.439 35.385
201812 27.875 251.233 36.638
201903 28.195 254.202 36.626
201906 28.330 256.143 36.522
201909 31.214 256.759 40.144
201912 30.944 256.974 39.763
202003 31.646 258.115 40.486
202006 32.508 257.797 41.640
202009 33.817 260.280 42.903
202012 34.054 260.474 43.172
202103 33.353 264.877 41.580
202106 33.164 271.696 40.307
202109 33.746 274.310 40.623
202112 32.845 278.802 38.902
202203 33.192 287.504 38.123
202206 33.107 296.311 36.895
202209 34.114 296.808 37.953
202212 33.217 296.797 36.957
202303 33.733 301.836 36.904
202306 33.148 305.109 35.875
202309 33.551 307.789 35.995
202312 35.007 306.746 37.685
202403 36.217 312.332 38.290
202406 29.878 314.175 31.403
202409 31.307 315.301 32.788
202412 32.358 315.605 33.856
202503 33.773 319.799 34.873
202506 34.276 322.561 35.089
202509 35.544 324.800 36.136
202512 35.039 324.054 35.705
202603 36.298 330.213 36.298

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 2.19 mean?
Malam-Team (XTAE:MLTM) has a Cyclically Adjusted PB Ratio of 2.19 as of Aug. 05, 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 Malam-Team and its competitors. This is near median its historical median of 2.11. Over the past decade, Malam-Team's Cyclically Adjusted PB Ratio has ranged from 1.32 to 4.33. According to the industry distribution chart, Malam-Team ranks #773 out of 1568 companies in the Software industry, placing it in the top 49.3%.
Is Malam-Team's Cyclically Adjusted PB Ratio too high?
Malam-Team's current Cyclically Adjusted PB Ratio of 2.19 is near median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 4.33. The Software industry median Cyclically Adjusted PB Ratio is 2.23. Malam-Team's value of 2.19 is 1.8% below this industry median. Based on the distribution chart, Malam-Team ranks #773 out of 1568 companies in the Software industry, which is above the industry midpoint. Overall, Malam-Team has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malam-Team's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Malam-Team ranks #773 out of 1568 companies for Cyclically Adjusted PB Ratio. This puts Malam-Team in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. Malam-Team's value of 2.19 is 1.8% below this benchmark. Historically, Malam-Team's own Cyclically Adjusted PB Ratio has ranged from 1.32 to 4.33 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 2.23, Malam-Team 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.23, based on 1,568 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. Malam-Team's current Cyclically Adjusted PB Ratio of 2.19 is 1.8% 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 Malam-Team and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malam-Team's current Cyclically Adjusted PB Ratio is 2.19, which is near median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malam-Team stock overvalued right now?
Based on GuruFocus' analysis, Malam-Team (XTAE:MLTM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪93.11, compared to a current price of ₪80.76 — trading 13.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.19, which is near median its 10-year median of 2.11 and 1.8% below the Software industry median of 2.23. Malam-Team's overall GF Score™ is 79/100 with 3 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 Malam-Team (XTAE:MLTM), the current Cyclically Adjusted PB Ratio is 2.19 as of Aug. 05, 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 Malam-Team (XTAE:MLTM) Overvalued in 2026?

Based on GuruFocus' analysis, Malam-Team stock appears to be undervalued. The current stock price of ₪80.76 is trading 13.3% below its estimated GF Value™ of ₪93.11. GuruFocus considers Malam-Team to be Modestly Undervalued.

Key valuation signals for XTAE:MLTM:

  • Cyclically Adjusted PB Ratio: 2.19 (near median its 10-year median of 2.11)
  • GF Value™: ₪93.11 vs. price of ₪80.76 (13.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 1.8% below the Software median (#773 of 1568)

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


Malam-Team Business Description

Address Martin Gehl Street No. 7, Kiryat-Arie, Petah Tikva, ISR, 49512
Malam-Team Ltd is an IT services group, providing a range of end-to-end computing solutions in the field of information technology in Israel. It offers outsourcing services, including the ongoing management, operation, and maintenance of support for IT users, and management of information systems, among others.
79GF Score

Get the complete analysis for XTAE:MLTM

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

₪80.76
Price
₪93.11
GF Value