KTMG (SGX:XCF) Cyclically Adjusted Book per Share: S$-0.57 (As of Dec. 2025)

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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.

What is KTMG Cyclically Adjusted Book per Share?

KTMG SGX:XCF Cyclically Adjusted Book per Share is S$-0.57 as of Dec. 2025. The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

KTMG's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was S$0.072. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is S$-0.57 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of KTMG was 17.90% per year. The lowest was -67.30% per year. And the median was 13.60% per year.

As of today (2026-07-16), KTMG's current stock price is S$ 0.038. KTMG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was S$-0.57. KTMG's Cyclically Adjusted PB Ratio of today is .


KTMG  (SGX:XCF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


KTMG Cyclically Adjusted Book per Share Related Terms


KTMG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for KTMG's Cyclically Adjusted Book per Share 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.

KTMG Cyclically Adjusted Book per Share Chart

KTMG Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -1.03 -0.79 -0.72 -0.57

KTMG Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted Book per Share 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 -0.79 0.00 -0.72 0.00 -0.57

SGX:XCF vs RL, LEVI, VFC: Cyclically Adjusted Book per Share Comparison

For the Apparel Manufacturing subindustry, KTMG'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.


KTMG Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KTMG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KTMG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, KTMG's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.072/324.0540*324.0540
=0.072

Current CPI (Dec. 2025) = 324.0540.

KTMG Annual Data

Book Value per Share CPI Adj_Book
201603 -1.520 238.132 -2.068
201703 -1.675 243.801 -2.226
201812 -1.703 251.233 -2.197
201912 0.091 256.974 0.115
202012 0.109 260.474 0.136
202112 0.120 278.802 0.139
202212 0.134 296.797 0.146
202312 0.115 306.746 0.121
202412 0.088 315.605 0.090
202512 0.072 324.054 0.072

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of S$-0.57 mean?
KTMG (SGX:XCF) has a Cyclically Adjusted Book per Share of S$-0.57 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on KTMG and its competitors.
Is KTMG's Cyclically Adjusted Book per Share too high?
KTMG's current Cyclically Adjusted Book per Share is S$-0.57.
How does KTMG's Cyclically Adjusted Book per Share compare to RL and LEVI?
KTMG's Cyclically Adjusted Book per Share of S$-0.57 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on KTMG and its competitors. KTMG's current Cyclically Adjusted Book per Share is S$-0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KTMG stock overvalued right now?
Based on GuruFocus' analysis, KTMG (SGX:XCF) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.05, compared to a current price of S$0.04 — trading 24% below its estimated fair value. The current Cyclically Adjusted Book per Share is S$-0.57. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For KTMG (SGX:XCF), the current Cyclically Adjusted Book per Share is S$-0.57 as of Dec. 2025. 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.

KTMG Business Description

Address No. 3A, Jalan Wawasan 16, Kawasan Perindustrian Sri Gading, Batu Pahat, JHR, MYS, 83300
KTMG Ltd is an integrated textile and apparel manufacturer engaged in the manufacturing and trading of apparel products. Operates as a contract manufacturer, specialising in athleisure wear, casual wear, loungewear, and pyjamas for various age groups, with production facilities located in Malaysia and Cambodia. It serves retailers across the United Kingdom, the United States, the European Union, and Canada, and has expanded upstream into textile production through its knitting, dyeing, and finishing facility in Johor, Malaysia. Its single segment is the Apparel business segment, which comprises revenue from the manufacture and sale of apparel products shipped to markets including the United States and other countries, with the United States contributing the majority of revenue.