Kotra Industries Bhd (XKLS:0002) Cyclically Adjusted Book per Share: RM1.71 (As of Mar. 2026)


XKLS:0002 Kotra Industries Bhd XKLS:0002
84 GF Score
Price RM3.72
GF Value RM4.34
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kotra Industries Bhd Cyclically Adjusted Book per Share?

Kotra Industries Bhd XKLS:0002 84 Cyclically Adjusted Book per Share is RM1.71 as of Mar. 2026. GuruFocus rates XKLS:0002 with a GF Score™ of 84/100 and a GF Value™ of RM4.34 (Modestly Undervalued). The stock has 2 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.

Kotra Industries Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.949. 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 RM1.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kotra Industries Bhd's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Kotra Industries Bhd was 10.30% per year. The lowest was 8.10% per year. And the median was 9.10% per year.

As of today (2026-07-01), Kotra Industries Bhd's current stock price is RM3.72. Kotra Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.71. Kotra Industries Bhd's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kotra Industries Bhd was 5.10. The lowest was 1.63. And the median was 2.70.


Kotra Industries Bhd  (XKLS:0002) 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.

Kotra Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.72/1.71
=2.18

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kotra Industries Bhd was 5.10. The lowest was 1.63. And the median was 2.70.


Be Aware

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


Kotra Industries Bhd Cyclically Adjusted Book per Share Related Terms


Kotra Industries Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kotra Industries Bhd'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.

Kotra Industries Bhd Cyclically Adjusted Book per Share Chart

Kotra Industries Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.29 1.41 1.52 1.63

Kotra Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.60 1.63 1.65 1.66 1.71

XKLS:0002 vs ZTS, UTHR, VTRS: Cyclically Adjusted Book per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Kotra Industries 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.


Kotra Industries Bhd Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kotra Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0002
84GF Score
Kotra Industries Bhd XKLS:0002
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kotra Industries Bhd 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, Kotra Industries Bhd'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)
=1.949/330.2130*330.2130
=1.949

Current CPI (Mar. 2026) = 330.2130.

Kotra Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.992 241.018 1.359
201609 0.994 241.428 1.360
201612 1.035 241.432 1.416
201703 1.051 243.801 1.424
201706 1.066 244.955 1.437
201709 1.084 246.819 1.450
201712 1.116 246.524 1.495
201803 1.100 249.554 1.456
201806 1.142 251.989 1.497
201809 1.177 252.439 1.540
201812 1.145 251.233 1.505
201903 1.151 254.202 1.495
201906 1.196 256.143 1.542
201909 1.231 256.759 1.583
201912 1.245 256.974 1.600
202003 1.251 258.115 1.600
202006 1.305 257.797 1.672
202009 1.313 260.280 1.666
202012 1.289 260.474 1.634
202103 1.311 264.877 1.634
202106 1.395 271.696 1.695
202109 1.496 274.310 1.801
202112 1.520 278.802 1.800
202203 1.540 287.504 1.769
202206 1.650 296.311 1.839
202209 1.773 296.808 1.973
202212 1.724 296.797 1.918
202303 1.742 301.836 1.906
202306 1.828 305.109 1.978
202309 1.929 307.789 2.070
202312 1.852 306.746 1.994
202403 1.773 312.332 1.875
202406 1.857 314.175 1.952
202409 1.923 315.301 2.014
202412 1.742 315.605 1.823
202503 1.822 319.799 1.881
202506 1.889 322.561 1.934
202509 1.956 324.800 1.989
202512 1.895 324.054 1.931
202603 1.949 330.213 1.949

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 RM1.71 mean?
Kotra Industries Bhd (XKLS:0002) has a Cyclically Adjusted Book per Share of RM1.71 as of Mar. 2026. 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 Kotra Industries Bhd and its competitors.
Is Kotra Industries Bhd's Cyclically Adjusted Book per Share too high?
Kotra Industries Bhd's current Cyclically Adjusted Book per Share is RM1.71. Overall, Kotra Industries Bhd has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kotra Industries Bhd's Cyclically Adjusted Book per Share compare to ZTS and UTHR?
Kotra Industries Bhd's Cyclically Adjusted Book per Share of RM1.71 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted Book per Share depends on the Drug Manufacturers 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 Kotra Industries Bhd and its competitors. Kotra Industries Bhd's current Cyclically Adjusted Book per Share is RM1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kotra Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kotra Industries Bhd (XKLS:0002) is currently considered Modestly Undervalued. The stock's GF Value™ is RM4.34, compared to a current price of RM3.72 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.71. Kotra Industries Bhd's overall GF Score™ is 84/100 with 2 warning signs to review. 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 Kotra Industries Bhd (XKLS:0002), the current Cyclically Adjusted Book per Share is RM1.71 as of Mar. 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 Kotra Industries Bhd (XKLS:0002) Overvalued in 2026?

Based on GuruFocus' analysis, Kotra Industries Bhd stock appears to be undervalued. The current stock price of RM3.72 is trading 14.3% below its estimated GF Value™ of RM4.34. GuruFocus considers Kotra Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0002:

  • Cyclically Adjusted Book per Share: RM1.71
  • GF Value™: RM4.34 vs. price of RM3.72 (14.3% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kotra Industries Bhd Business Description

Address Jalan TTC 12, No. 1, 2 & 3, Cheng Industrial Estate, Melaka, MYS, 75250
Kotra Industries Bhd is a Malaysian pharmaceutical company engaged in the development, manufacturing, and supply of pharmaceutical and healthcare products supporting all life stages. Its portfolio includes life-saving medicines, OTC supplements, and nutrition products. The Group markets three core brands: Appeton, offering health supplements and nutrition across all age groups; Vaxcel, providing injectable medicines for infectious diseases, kidney care, and gastroenterology; and Axcel, specializing in oral and topical medicines for paediatrics, dermatology, and infectious diseases. The company operates in Malaysia and overseas, with the majority of revenue derived from Malaysia.
84GF Score

Get the complete analysis for XKLS:0002

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

RM3.72
Price
RM4.34
GF Value