GDB Holdings Bhd (XKLS:0198) Cyclically Adjusted Book per Share: RM0.16 (As of Mar. 2026)


XKLS:0198 GDB Holdings Bhd XKLS:0198
68 GF Score
Price RM0.50
GF Value RM0.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is GDB Holdings Bhd Cyclically Adjusted Book per Share?

GDB Holdings Bhd XKLS:0198 -3.85% 68 Cyclically Adjusted Book per Share is RM0.16 as of Mar. 2026. GuruFocus rates XKLS:0198 with a GF Score™ of 68/100 and a GF Value™ of RM0.64 (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.

GDB Holdings Bhd's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was RM0.264. 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 RM0.16 for the trailing ten years ended in Dec. 2025.

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 (2026-07-04), GDB Holdings Bhd's current stock price is RM 0.50. GDB Holdings Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was RM0.16. GDB Holdings Bhd's Cyclically Adjusted PB Ratio of today is 3.13.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of GDB Holdings Bhd was 2.93. The lowest was 1.64. And the median was 2.35.


GDB Holdings Bhd  (XKLS:0198) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.50/0.16
=3.13

* 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 12 years, the highest Cyclically Adjusted PB Ratio of GDB Holdings Bhd was 2.93. The lowest was 1.64. And the median was 2.35.


Be Aware

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


GDB Holdings Bhd Cyclically Adjusted Book per Share Related Terms


GDB Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GDB Holdings 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.

GDB Holdings Bhd Cyclically Adjusted Book per Share Chart

GDB Holdings 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 0.00 0.00 0.11 0.13 0.16

GDB Holdings 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 0.00 0.00 0.00 0.16 0.00

XKLS:0198 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, GDB Holdings 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.


GDB Holdings Bhd Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, GDB Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:0198
68GF Score
GDB Holdings Bhd XKLS:0198
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDB Holdings 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, GDB Holdings Bhd's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.264/324.0540*324.0540
=0.264

Current CPI (Dec. 2025) = 324.0540.

GDB Holdings Bhd Annual Data

Book Value per Share CPI Adj_Book
201612 0.029 241.432 0.039
201712 0.043 246.524 0.057
201812 0.111 251.233 0.143
201912 0.129 256.974 0.163
202012 0.143 260.474 0.178
202112 0.160 278.802 0.186
202212 0.171 296.797 0.187
202312 0.180 306.746 0.190
202412 0.208 315.605 0.214
202512 0.264 324.054 0.264

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 RM0.16 mean?
GDB Holdings Bhd (XKLS:0198) has a Cyclically Adjusted Book per Share of RM0.16 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 GDB Holdings Bhd and its competitors.
Is GDB Holdings Bhd's Cyclically Adjusted Book per Share too high?
GDB Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.16. Overall, GDB Holdings Bhd has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDB Holdings Bhd's Cyclically Adjusted Book per Share compare to PWR and FIX?
GDB Holdings Bhd's Cyclically Adjusted Book per Share of RM0.16 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 GDB Holdings Bhd and its competitors. GDB Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDB Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, GDB Holdings Bhd (XKLS:0198) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.64, compared to a current price of RM0.50 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.16. GDB Holdings Bhd's overall GF Score™ is 68/100 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 GDB Holdings Bhd (XKLS:0198), the current Cyclically Adjusted Book per Share is RM0.16 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 GDB Holdings Bhd (XKLS:0198) Overvalued in 2026?

Based on GuruFocus' analysis, GDB Holdings Bhd stock appears to be undervalued. The current stock price of RM0.50 is trading 21.9% below its estimated GF Value™ of RM0.64. GuruFocus considers GDB Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0198:

  • Cyclically Adjusted Book per Share: RM0.16
  • GF Value™: RM0.64 vs. price of RM0.50 (21.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDB Holdings Bhd Business Description

Address Sekitar 26 Enterprise, A-02-01, F-02-01 & F-02-02, Persiaran Hulu Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
GDB Holdings Bhd is engaged in providing construction services, for residential, commercial, and mixed-development projects. The company is involved in the implementation of construction projects which includes daily management of all the works required for the timely completion of the projects. It also engages subcontractors to provide certain services such as the supply and installation of construction materials, machinery and equipment, and other specialized trade work. The group principally operates in Malaysia. The key revenue is derived from construction activities.
68GF Score

Get the complete analysis for XKLS:0198

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

RM0.50
Price
RM0.64
GF Value