Three-A Resources Bhd (XKLS:0012) Cyclically Adjusted Book per Share: RM0.93 (As of Mar. 2026)

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XKLS:0012 Three-A Resources Bhd XKLS:0012
51 GF Score
Price RM0.69
GF Value RM0.66
Valuation Fairly Valued
! 1 Warning Sign
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What is Three-A Resources Bhd Cyclically Adjusted Book per Share?

Three-A Resources Bhd XKLS:0012 -0.72% 51 Cyclically Adjusted Book per Share is RM0.93 as of Mar. 2026. GuruFocus rates XKLS:0012 with a GF Score™ of 51/100 and a GF Value™ of RM0.66 (Fairly Valued). The stock has 1 warning sign 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.

Three-A Resources Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.056. 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 RM0.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Three-A Resources 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 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Three-A Resources Bhd was 10.20% per year. The lowest was 7.10% per year. And the median was 9.70% per year.

As of today (2026-08-02), Three-A Resources Bhd's current stock price is RM0.69. Three-A Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.93. Three-A Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Three-A Resources Bhd was 1.88. The lowest was 0.72. And the median was 1.23.


Three-A Resources Bhd  (XKLS:0012) 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.

Three-A Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.69/0.93
=0.74

* 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 Three-A Resources Bhd was 1.88. The lowest was 0.72. And the median was 1.23.


Be Aware

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


Three-A Resources Bhd Cyclically Adjusted Book per Share Related Terms


Three-A Resources Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Three-A Resources 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.

Three-A Resources Bhd Cyclically Adjusted Book per Share Chart

Three-A Resources Bhd Annual Data
Trend Dec16 Dec17 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 0.66 0.74 0.79 0.85 0.91

Three-A Resources 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 0.87 0.89 0.90 0.91 0.93

XKLS:0012 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Three-A Resources 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.


Three-A Resources Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three-A Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Three-A Resources Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:0012
51GF Score
Three-A Resources Bhd XKLS:0012
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Three-A Resources 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, Three-A Resources 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)
=1.056/330.2130*330.2130
=1.056

Current CPI (Mar. 2026) = 330.2130.

Three-A Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.534 241.018 0.732
201609 0.555 241.428 0.759
201612 0.568 241.432 0.777
201703 0.589 243.801 0.798
201706 0.607 244.955 0.818
201709 0.624 246.819 0.835
201712 0.629 246.524 0.843
201803 0.641 249.554 0.848
201806 0.652 251.989 0.854
201809 0.669 252.439 0.875
201812 0.668 251.233 0.878
201903 0.683 254.202 0.887
201906 0.696 256.143 0.897
201909 0.707 256.759 0.909
201912 0.708 256.974 0.910
202003 0.726 258.115 0.929
202006 0.740 257.797 0.948
202009 0.752 260.280 0.954
202012 0.748 260.474 0.948
202103 0.775 264.877 0.966
202106 0.801 271.696 0.974
202109 0.825 274.310 0.993
202112 0.812 278.802 0.962
202203 0.839 287.504 0.964
202206 0.861 296.311 0.960
202209 0.877 296.808 0.976
202212 0.859 296.797 0.956
202303 0.868 301.836 0.950
202306 0.892 305.109 0.965
202309 0.923 307.789 0.990
202312 0.921 306.746 0.991
202403 0.947 312.332 1.001
202406 0.962 314.175 1.011
202409 0.963 315.301 1.009
202412 0.983 315.605 1.028
202503 1.004 319.799 1.037
202506 1.011 322.561 1.035
202509 1.021 324.800 1.038
202512 1.032 324.054 1.052
202603 1.056 330.213 1.056

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 RM0.93 mean?
Three-A Resources Bhd (XKLS:0012) has a Cyclically Adjusted Book per Share of RM0.93 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 Three-A Resources Bhd and its competitors.
Is Three-A Resources Bhd's Cyclically Adjusted Book per Share too high?
Three-A Resources Bhd's current Cyclically Adjusted Book per Share is RM0.93. Overall, Three-A Resources Bhd has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Three-A Resources Bhd's Cyclically Adjusted Book per Share compare to KHC and GIS?
Three-A Resources Bhd's Cyclically Adjusted Book per Share of RM0.93 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Three-A Resources Bhd and its competitors. Three-A Resources Bhd's current Cyclically Adjusted Book per Share is RM0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three-A Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Three-A Resources Bhd (XKLS:0012) is currently considered Fairly Valued. The stock's GF Value™ is RM0.66, compared to a current price of RM0.69 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.93. Three-A Resources Bhd's overall GF Score™ is 51/100 with 1 warning sign 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 Three-A Resources Bhd (XKLS:0012), the current Cyclically Adjusted Book per Share is RM0.93 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 Three-A Resources Bhd (XKLS:0012) Overvalued in 2026?

Based on GuruFocus' analysis, Three-A Resources Bhd stock appears to be overvalued. The current stock price of RM0.69 is trading 4.5% above its estimated GF Value™ of RM0.66. GuruFocus considers Three-A Resources Bhd to be Fairly Valued.

Key valuation signals for XKLS:0012:

  • Cyclically Adjusted Book per Share: RM0.93
  • GF Value™: RM0.66 vs. price of RM0.69 (4.5% above fair value)
  • GF Score™: 51/100 with 1 warning sign

No single metric tells the full story. See the XKLS:0012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Three-A Resources Bhd Business Description

Address Jalan Industri U19, AL 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160
Three-A Resources Bhd is an investment holding company. Through its subsidiaries, it engages in food and beverage ingredients manufacturing. Its product portfolio includes Liquid Caramel, Caramel Colour, Fermented Vinegar, Distilled Vinegar, Rice Vinegar, Glucose Syrup, High Maltose Syrup, Liquid Maltodextrin, Soya Protein Sauce, Hydrolysed Vegetable Protein Sauce, Caramel Powder, Maltodextrin, and Golden Syrup. The group is focused only on manufacturing and sale of food and beverage ingredients in Malaysia. The company generates majority of its revenue from Malaysia followed by Singapore and Other foreign countries.
51GF Score

Get the complete analysis for XKLS:0012

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

RM0.69
Price
RM0.66
GF Value