PPB Group Berhad

KLSE:PPB Stock Report

Market Cap: RM 19.4b

PPB Group Berhad Valuation

Is PPB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PPB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PPB (MYR13.62) is trading above our estimate of fair value (MYR7.2)

Significantly Below Fair Value: PPB is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PPB?

Key metric: As PPB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PPB. This is calculated by dividing PPB's market cap by their current earnings.
What is PPB's PE Ratio?
PE Ratio13.3x
EarningsRM 1.46b
Market CapRM 19.38b

Price to Earnings Ratio vs Peers

How does PPB's PE Ratio compare to its peers?

The above table shows the PE ratio for PPB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.8x
QL QL Resources Berhad
39.1x6.2%RM 17.7b
NESTLE Nestlé (Malaysia) Berhad
43.7x11.8%RM 22.9b
GCB Guan Chong Berhad
15.8x-0.3%RM 3.3b
FFB Farm Fresh Berhad
40.4x19.5%RM 3.4b
PPB PPB Group Berhad
13.3x6.1%RM 19.4b

Price-To-Earnings vs Peers: PPB is good value based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (34.8x).

Price to Earnings Ratio vs Industry

How does PPB's PE Ratio compare vs other companies in the MY Food Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
PPB 13.3xIndustry Avg. 13.3xNo. of Companies10PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PPB is good value based on its Price-To-Earnings Ratio (13.3x) compared to the MY Food industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is PPB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PPB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ratio18.3x

Price-To-Earnings vs Fair Ratio: PPB is good value based on its Price-To-Earnings Ratio (13.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PPB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 13.62
RM 16.38
+20.3%
6.3%RM 17.50RM 14.47n/a5
Nov ’25RM 14.00
RM 16.42
+17.3%
6.3%RM 17.50RM 14.47n/a5
Oct ’25RM 14.64
RM 16.42
+12.2%
6.3%RM 17.50RM 14.47n/a5
Sep ’25RM 14.60
RM 16.62
+13.9%
4.0%RM 17.50RM 15.47n/a5
Aug ’25RM 14.84
RM 17.05
+14.9%
6.5%RM 18.80RM 15.47n/a5
Jul ’25RM 14.42
RM 17.05
+18.3%
6.5%RM 18.80RM 15.47n/a5
Jun ’25RM 14.76
RM 16.81
+13.9%
7.2%RM 18.80RM 15.47n/a5
May ’25RM 15.74
RM 17.29
+9.9%
9.8%RM 19.40RM 15.47n/a4
Apr ’25RM 15.84
RM 17.39
+9.8%
8.8%RM 19.40RM 15.47n/a5
Mar ’25RM 15.30
RM 17.19
+12.4%
12.2%RM 19.40RM 13.86n/a5
Feb ’25RM 14.46
RM 17.29
+19.6%
10.9%RM 19.40RM 13.86n/a5
Jan ’25RM 14.48
RM 17.29
+19.4%
10.9%RM 19.40RM 13.86n/a5
Dec ’24RM 13.90
RM 17.47
+25.7%
11.6%RM 19.40RM 13.86n/a5
Nov ’24RM 15.20
RM 17.73
+16.7%
8.9%RM 19.40RM 15.17RM 14.005
Oct ’24RM 15.48
RM 18.13
+17.1%
8.8%RM 19.40RM 15.17RM 14.645
Sep ’24RM 15.76
RM 18.13
+15.1%
8.8%RM 19.40RM 15.17RM 14.605
Aug ’24RM 16.64
RM 19.31
+16.1%
1.4%RM 19.76RM 19.00RM 14.845
Jul ’24RM 15.74
RM 19.31
+22.7%
1.4%RM 19.76RM 19.00RM 14.425
Jun ’24RM 15.90
RM 20.33
+27.9%
9.3%RM 24.10RM 19.10RM 14.765
May ’24RM 16.26
RM 20.32
+25.0%
9.3%RM 24.10RM 19.10RM 15.745
Apr ’24RM 16.56
RM 20.32
+22.7%
9.3%RM 24.10RM 19.10RM 15.845
Mar ’24RM 17.50
RM 20.32
+16.1%
9.3%RM 24.10RM 19.10RM 15.305
Feb ’24RM 17.60
RM 20.36
+15.7%
9.3%RM 24.10RM 19.10RM 14.465
Jan ’24RM 17.44
RM 20.20
+15.8%
9.9%RM 24.10RM 18.60RM 14.485
Dec ’23RM 17.10
RM 20.20
+18.1%
9.9%RM 24.10RM 18.60RM 13.905
Nov ’23RM 16.52
RM 19.44
+17.7%
8.2%RM 22.00RM 17.00RM 15.205

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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