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Malayan Cement Bhd (XKLS:3794) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Malayan Cement Bhd Forward PE Ratio Related Terms
Malayan Cement Bhd Forward PE Ratio Historical Data
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The historical data trend for Malayan Cement Bhd's Forward PE 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.
Malayan Cement Bhd Forward PE Ratio Chart
Malayan Cement Bhd Annual Data
Trend
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
22.12
38.31
17.57
12.76
Malayan Cement Bhd Quarterly Data
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
22.12
20.88
26.67
33.11
38.31
27.93
18.52
19.19
17.57
14.45
13.07
10.80
12.76
17.96
15.41
10.19
XKLS:3794 vs CRH, VMC, MLM: Forward PE Ratio Comparison
For the Building Materials subindustry, Malayan Cement Bhd's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Malayan Cement Bhd Forward PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Malayan Cement Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Malayan Cement Bhd's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Malayan Cement Bhd (XKLS:3794) has a Forward PE Ratio of 11.22 as of Jul. 31, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Malayan Cement Bhd and its competitors. According to the industry distribution chart, Malayan Cement Bhd ranks #52 out of 157 companies in the Building Materials industry, placing it in the top 33.1%.
Is Malayan Cement Bhd's Forward PE Ratio too high?
Malayan Cement Bhd's current Forward PE Ratio is 11.22. The Building Materials industry median Forward PE Ratio is 13.21. Malayan Cement Bhd's value of 11.22 is 15.1% below this industry median. Based on the distribution chart, Malayan Cement Bhd ranks #52 out of 157 companies in the Building Materials industry, which is above the industry midpoint. Overall, Malayan Cement 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 Malayan Cement Bhd's Forward PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Malayan Cement Bhd ranks #52 out of 157 companies for Forward PE Ratio. This puts Malayan Cement Bhd in the upper half of its industry. The industry median Forward PE Ratio is 13.21. Malayan Cement Bhd's value of 11.22 is 15.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Building Materials company?
The median Forward PE Ratio among Building Materials companies is 13.21, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Malayan Cement Bhd's current Forward PE Ratio of 11.22 is 15.1% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Malayan Cement Bhd and its competitors. For the Building Materials industry, the median Forward PE Ratio is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malayan Cement Bhd's current Forward PE Ratio is 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Cement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Cement Bhd (XKLS:3794) is currently considered Modestly Overvalued. The stock's GF Value™ is RM5.54, compared to a current price of RM6.53 — trading 17.9% above its estimated fair value. The current Forward PE Ratio is 11.22 and 15.1% below the Building Materials industry median of 13.21. Malayan Cement Bhd's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Malayan Cement Bhd (XKLS:3794), the current Forward PE Ratio is 11.22 as of Jul. 31, 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 Malayan Cement Bhd (XKLS:3794) Overvalued in 2026?
Based on GuruFocus' analysis, Malayan Cement Bhd stock appears to be overvalued.
The current stock price of RM6.53 is trading 17.9% above its estimated GF Value™ of RM5.54.
GuruFocus considers Malayan Cement Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:3794:
Forward PE Ratio: 11.22
GF Value™: RM5.54 vs. price of RM6.53 (17.9% above fair value)
Industry Position: 15.1% below the Building Materials median (#52 of 157)
No single metric tells the full story. See the XKLS:3794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malayan Cement Bhd is a cement and building materials group in Malaysia and Singapore. It is a producer of cement, ready-mixed concrete, drymix, and quarry products, which are used in the residential and commercial building industry and also have various applications in infrastructure and other industries. The company's operating divisions are Cement, and Aggregates and Concrete. A majority of its revenue is generated from the Cement segment which also includes its drymix and waste management business. Geographically, it derives key revenue from Malaysia and the rest from Singapore.
72GF Score
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