Iris Bhd (XKLS:0010) Cyclically Adjusted Book per Share: RM0.54 (As of Mar. 2026)


XKLS:0010 Iris Corp Bhd XKLS:0010
41 GF Score
Price RM0.23
GF Value RM0.17
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Iris Bhd Cyclically Adjusted Book per Share?

Iris Bhd XKLS:0010 41 Cyclically Adjusted Book per Share is RM0.54 as of Mar. 2026. GuruFocus rates XKLS:0010 with a GF Score™ of 41/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 3 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.

Iris Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.465. 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 RM0.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Iris Bhd's average Cyclically Adjusted Book Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.50% 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 Iris Bhd was -3.50% per year. The lowest was -11.90% per year. And the median was -7.10% per year.

As of today (2026-07-12), Iris Bhd's current stock price is RM0.23. Iris Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.54. Iris Bhd's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Iris Bhd was 2.07. The lowest was 0.31. And the median was 0.53.


Iris Bhd  (XKLS:0010) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.23/0.54
=0.43

* 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 Iris Bhd was 2.07. The lowest was 0.31. And the median was 0.53.


Be Aware

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


Iris Bhd Cyclically Adjusted Book per Share Related Terms


Iris Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Iris 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.

Iris Bhd Cyclically Adjusted Book per Share Chart

Iris Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.79 0.71 0.63 0.54

Iris 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 0.63 0.61 0.58 0.56 0.54

Iris Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Business Equipment & Supplies subindustry, Iris 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.


Iris Bhd Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iris Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0010
41GF Score
Iris Corp Bhd XKLS:0010
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iris 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, Iris 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)
=0.465/330.2130*330.2130
=0.465

Current CPI (Mar. 2026) = 330.2130.

Iris Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.089 241.018 1.492
201609 0.986 241.428 1.349
201612 0.000 241.432 0.000
201703 0.488 243.801 0.661
201706 0.475 244.955 0.640
201709 0.499 246.819 0.668
201712 0.422 246.524 0.565
201803 0.291 249.554 0.385
201806 0.330 251.989 0.432
201809 0.359 252.439 0.470
201812 0.366 251.233 0.481
201903 0.368 254.202 0.478
201906 0.380 256.143 0.490
201909 0.394 256.759 0.507
201912 0.394 256.974 0.506
202003 0.386 258.115 0.494
202006 0.382 257.797 0.489
202009 0.370 260.280 0.469
202012 0.394 260.474 0.499
202103 0.403 264.877 0.502
202106 0.378 271.696 0.459
202109 0.387 274.310 0.466
202112 0.402 278.802 0.476
202203 0.399 287.504 0.458
202206 0.401 296.311 0.447
202209 0.409 296.808 0.455
202212 0.418 296.797 0.465
202303 0.426 301.836 0.466
202306 0.437 305.109 0.473
202309 0.447 307.789 0.480
202312 0.460 306.746 0.495
202403 0.465 312.332 0.492
202406 0.481 314.175 0.506
202409 0.483 315.301 0.506
202412 0.483 315.605 0.505
202503 0.475 319.799 0.490
202506 0.481 322.561 0.492
202509 0.486 324.800 0.494
202512 0.482 324.054 0.491
202603 0.465 330.213 0.465

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 RM0.54 mean?
Iris Bhd (XKLS:0010) has a Cyclically Adjusted Book per Share of RM0.54 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 Iris Bhd and its competitors.
Is Iris Bhd's Cyclically Adjusted Book per Share too high?
Iris Bhd's current Cyclically Adjusted Book per Share is RM0.54. Overall, Iris Bhd has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Bhd's Cyclically Adjusted Book per Share compare to competitors?
Iris Bhd's Cyclically Adjusted Book per Share of RM0.54 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Iris Bhd and its competitors. Iris Bhd's current Cyclically Adjusted Book per Share is RM0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iris Bhd (XKLS:0010) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.23 — trading 35.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.54. Iris Bhd's overall GF Score™ is 41/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Iris Bhd (XKLS:0010), the current Cyclically Adjusted Book per Share is RM0.54 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 Iris Bhd (XKLS:0010) Overvalued in 2026?

Based on GuruFocus' analysis, Iris Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 35.3% above its estimated GF Value™ of RM0.17. GuruFocus considers Iris Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0010:

  • Cyclically Adjusted Book per Share: RM0.54
  • GF Value™: RM0.17 vs. price of RM0.23 (35.3% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iris Bhd Business Description

Address IRIS Smart Tech Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Iris Corp Bhd is engaged in operations of segments such as the Trusted Identification, and Sustainable Development division. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-passports, e-identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of its revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.
41GF Score

Get the complete analysis for XKLS:0010

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

RM0.23
Price
RM0.17
GF Value