SMTrack Bhd (XKLS:0169) Cyclically Adjusted Book per Share: RM0.17 (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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 SMTrack Bhd Cyclically Adjusted Book per Share?

SMTrack Bhd XKLS:0169 Cyclically Adjusted Book per Share is RM0.17 as of Dec. 2024.

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.

SMTrack Bhd's adjusted book value per share for the three months ended in Dec. 2024 was RM0.035. 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 RM0.17 for the trailing ten years ended in Dec. 2024.

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.

As of today (2026-09-16), SMTrack Bhd's current stock price is RM0.005. SMTrack Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was RM0.17. SMTrack Bhd's Cyclically Adjusted PB Ratio of today is 0.03.


SMTrack Bhd  (XKLS:0169) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.005/0.173
=0.03

* 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.


Be Aware

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


SMTrack Bhd Cyclically Adjusted Book per Share Related Terms


SMTrack Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SMTrack 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.

SMTrack Bhd Cyclically Adjusted Book per Share Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

SMTrack Bhd Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Mar22 Jun22 Dec22 Mar23 Mar24 Sep24 Dec24
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 0.35 0.35 0.27 0.27 0.17

XKLS:0169 vs IBM, ACN, CTSH: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, SMTrack 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.


SMTrack Bhd Cyclically Adjusted PB Ratio vs Software Industry

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

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



SMTrack 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, SMTrack Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.035/315.6050*315.6050
=0.035

Current CPI (Dec. 2024) = 315.6050.

SMTrack Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.767 225.672 1.073
201203 0.766 229.392 1.054
201206 0.751 229.478 1.033
201209 0.727 231.407 0.992
201212 0.697 229.601 0.958
201303 0.667 232.773 0.904
201306 0.632 233.504 0.854
201309 0.424 234.149 0.572
201406 0.338 238.343 0.448
201412 0.218 234.812 0.293
201503 0.220 236.119 0.294
201506 0.210 238.638 0.278
201509 0.220 237.945 0.292
201512 0.233 236.525 0.311
201610 0.201 241.729 0.262
201701 0.194 242.839 0.252
201704 0.194 244.524 0.250
201707 0.112 244.786 0.144
201710 0.113 246.663 0.145
201801 0.090 247.867 0.115
201804 0.119 250.546 0.150
201807 0.088 252.006 0.110
201810 0.089 252.885 0.111
201901 0.090 251.712 0.113
201904 0.091 255.548 0.112
201907 0.079 256.571 0.097
201910 0.102 257.346 0.125
202001 0.101 257.971 0.124
202004 0.101 256.389 0.124
202007 0.097 259.101 0.118
202010 0.104 260.388 0.126
202101 0.099 261.582 0.119
202104 0.102 267.054 0.121
202203 0.080 287.504 0.088
202206 0.083 296.311 0.088
202212 0.071 296.797 0.075
202303 0.070 301.836 0.073
202403 0.063 312.332 0.064
202409 0.051 315.301 0.051
202412 0.035 315.605 0.035

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 RM0.17 mean?
SMTrack Bhd (XKLS:0169) has a Cyclically Adjusted Book per Share of RM0.17 as of Dec. 2024. 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 SMTrack Bhd and its competitors.
Is SMTrack Bhd's Cyclically Adjusted Book per Share too high?
SMTrack Bhd's current Cyclically Adjusted Book per Share is RM0.17.
How does SMTrack Bhd's Cyclically Adjusted Book per Share compare to IBM and ACN?
SMTrack Bhd's Cyclically Adjusted Book per Share of RM0.17 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 SMTrack Bhd and its competitors. SMTrack Bhd's current Cyclically Adjusted Book per Share is RM0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMTrack Bhd stock overvalued right now?
SMTrack Bhd (XKLS:0169) has a current Cyclically Adjusted Book per Share of RM0.17. The current Cyclically Adjusted Book per Share is RM0.17. 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 SMTrack Bhd (XKLS:0169), the current Cyclically Adjusted Book per Share is RM0.17 as of Dec. 2024. 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.

SMTrack Bhd Business Description

Address Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.