Inari Amertron Bhd (XKLS:0166) Cyclically Adjusted Book per Share: RM0.59 (As of Mar. 2026)


XKLS:0166 Inari Amertron Bhd XKLS:0166
88 GF Score
Price RM2.21
GF Value RM2.30
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Inari Amertron Bhd Cyclically Adjusted Book per Share?

Inari Amertron Bhd XKLS:0166 -0.45% 88 Cyclically Adjusted Book per Share is RM0.59 as of Mar. 2026. GuruFocus rates XKLS:0166 with a GF Score™ of 88/100 and a GF Value™ of RM2.30 (Fairly Valued). The stock has 8 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.

Inari Amertron Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.726. 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 RM0.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Inari Amertron Bhd's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% 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 Inari Amertron Bhd was 22.70% per year. The lowest was 17.40% per year. And the median was 20.05% per year.

As of today (2026-07-06), Inari Amertron Bhd's current stock price is RM2.21. Inari Amertron Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.59. Inari Amertron Bhd's Cyclically Adjusted PB Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inari Amertron Bhd was 15.18. The lowest was 2.30. And the median was 6.77.


Inari Amertron Bhd  (XKLS:0166) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.21/0.59
=3.75

* 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 Inari Amertron Bhd was 15.18. The lowest was 2.30. And the median was 6.77.


Be Aware

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


Inari Amertron Bhd Cyclically Adjusted Book per Share Related Terms


Inari Amertron Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Inari Amertron 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.

Inari Amertron Bhd Cyclically Adjusted Book per Share Chart

Inari Amertron 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 0.26 0.34 0.41 0.48 0.55

Inari Amertron 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 0.53 0.55 0.56 0.57 0.59

XKLS:0166 vs AMAT, LRCX, KLAC: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Inari Amertron 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.


Inari Amertron Bhd Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Inari Amertron Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0166
88GF Score
Inari Amertron Bhd XKLS:0166
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inari Amertron 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, Inari Amertron 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)
=0.726/330.2130*330.2130
=0.726

Current CPI (Mar. 2026) = 330.2130.

Inari Amertron Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.238 241.018 0.326
201609 0.251 241.428 0.343
201612 0.275 241.432 0.376
201703 0.283 243.801 0.383
201706 0.293 244.955 0.395
201709 0.302 246.819 0.404
201712 0.321 246.524 0.430
201803 0.327 249.554 0.433
201806 0.338 251.989 0.443
201809 0.347 252.439 0.454
201812 0.350 251.233 0.460
201903 0.347 254.202 0.451
201906 0.352 256.143 0.454
201909 0.359 256.759 0.462
201912 0.362 256.974 0.465
202003 0.368 258.115 0.471
202006 0.371 257.797 0.475
202009 0.384 260.280 0.487
202012 0.399 260.474 0.506
202103 0.418 264.877 0.521
202106 0.410 271.696 0.498
202109 0.659 274.310 0.793
202112 0.669 278.802 0.792
202203 0.668 287.504 0.767
202206 0.676 296.311 0.753
202209 0.696 296.808 0.774
202212 0.695 296.797 0.773
202303 0.684 301.836 0.748
202306 0.697 305.109 0.754
202309 0.705 307.789 0.756
202312 0.706 306.746 0.760
202403 0.736 312.332 0.778
202406 0.740 314.175 0.778
202409 0.716 315.301 0.750
202412 0.744 315.605 0.778
202503 0.736 319.799 0.760
202506 0.729 322.561 0.746
202509 0.731 324.800 0.743
202512 0.729 324.054 0.743
202603 0.726 330.213 0.726

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 RM0.59 mean?
Inari Amertron Bhd (XKLS:0166) has a Cyclically Adjusted Book per Share of RM0.59 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 Inari Amertron Bhd and its competitors.
Is Inari Amertron Bhd's Cyclically Adjusted Book per Share too high?
Inari Amertron Bhd's current Cyclically Adjusted Book per Share is RM0.59. Overall, Inari Amertron Bhd has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inari Amertron Bhd's Cyclically Adjusted Book per Share compare to AMAT and LRCX?
Inari Amertron Bhd's Cyclically Adjusted Book per Share of RM0.59 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 Inari Amertron Bhd and its competitors. Inari Amertron Bhd's current Cyclically Adjusted Book per Share is RM0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inari Amertron Bhd stock overvalued right now?
Based on GuruFocus' analysis, Inari Amertron Bhd (XKLS:0166) is currently considered Fairly Valued. The stock's GF Value™ is RM2.30, compared to a current price of RM2.21 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.59. Inari Amertron Bhd's overall GF Score™ is 88/100 with 8 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 Inari Amertron Bhd (XKLS:0166), the current Cyclically Adjusted Book per Share is RM0.59 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 Inari Amertron Bhd (XKLS:0166) Overvalued in 2026?

Based on GuruFocus' analysis, Inari Amertron Bhd stock appears to be undervalued. The current stock price of RM2.21 is trading 3.9% below its estimated GF Value™ of RM2.30. GuruFocus considers Inari Amertron Bhd to be Fairly Valued.

Key valuation signals for XKLS:0166:

  • Cyclically Adjusted Book per Share: RM0.59
  • GF Value™: RM2.30 vs. price of RM2.21 (3.9% below fair value)
  • GF Score™: 88/100 with 8 warning signs

No single metric tells the full story. See the XKLS:0166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inari Amertron Bhd Business Description

Address D-07-03, Plaza Kelana Jaya Jalan SS 7/13A, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Inari Amertron Bhd is a Malaysia-based investment holding company that is principally engaged in the outsourced semiconductor assembly and test services and electronics manufacturing services industries through a number of subsidiaries. The company's business segments include Electronic manufacturing services, outsourced semiconductor assembly and test services. and an investment holding segment. The electronic manufacturing services segment contributes the majority of total revenue. The company has a business presence in Malaysia, Singapore, China, the United States, and elsewhere, with Singapore accounting for a substantial part of its total revenue.
88GF Score

Get the complete analysis for XKLS:0166

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

RM2.21
Price
RM2.30
GF Value