Allianz Malaysia Bhd (XKLS:1163) Cyclically Adjusted Book per Share: RM25.15 (As of Mar. 2026)


XKLS:1163 Allianz Malaysia Bhd XKLS:1163
84 GF Score
Price RM21.10
GF Value RM21.46
Valuation Fairly Valued
! 3 Warning Signs
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What is Allianz Malaysia Bhd Cyclically Adjusted Book per Share?

Allianz Malaysia Bhd XKLS:1163 +0.48% 84 Cyclically Adjusted Book per Share is RM25.15 as of Mar. 2026. GuruFocus rates XKLS:1163 with a GF Score™ of 84/100 and a GF Value™ of RM21.46 (Fairly Valued). 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.

Allianz Malaysia Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM32.401. 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 RM25.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Allianz Malaysia Bhd's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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 Allianz Malaysia Bhd was 12.40% per year. The lowest was 8.60% per year. And the median was 9.70% per year.

As of today (2026-07-07), Allianz Malaysia Bhd's current stock price is RM21.10. Allianz Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM25.15. Allianz Malaysia Bhd's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allianz Malaysia Bhd was 1.09. The lowest was 0.69. And the median was 0.82.


Allianz Malaysia Bhd  (XKLS:1163) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.10/25.15
=0.84

* 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 Allianz Malaysia Bhd was 1.09. The lowest was 0.69. And the median was 0.82.


Be Aware

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


Allianz Malaysia Bhd Cyclically Adjusted Book per Share Related Terms


Allianz Malaysia Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Allianz Malaysia 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.

Allianz Malaysia Bhd Cyclically Adjusted Book per Share Chart

Allianz Malaysia 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 17.07 19.04 20.76 22.53 24.39

Allianz Malaysia 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 23.16 23.67 24.16 24.39 25.15

XKLS:1163 vs BRK.A, AIG, HIG: Cyclically Adjusted Book per Share Comparison

For the Insurance - Diversified subindustry, Allianz Malaysia 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.


Allianz Malaysia Bhd Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Allianz Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:1163
84GF Score
Allianz Malaysia Bhd XKLS:1163
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allianz Malaysia 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, Allianz Malaysia 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)
=32.401/330.2130*330.2130
=32.401

Current CPI (Mar. 2026) = 330.2130.

Allianz Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.332 241.018 21.006
201609 15.484 241.428 21.178
201612 15.584 241.432 21.315
201703 15.992 243.801 21.660
201706 16.395 244.955 22.101
201709 16.765 246.819 22.429
201712 14.834 246.524 19.870
201803 15.231 249.554 20.154
201806 15.614 251.989 20.461
201809 16.279 252.439 21.294
201812 15.975 251.233 20.997
201903 16.667 254.202 21.651
201906 17.469 256.143 22.521
201909 18.395 256.759 23.657
201912 17.724 256.974 22.775
202003 18.093 258.115 23.147
202006 19.376 257.797 24.819
202009 20.252 260.280 25.693
202012 19.747 260.474 25.034
202103 19.534 264.877 24.352
202106 20.439 271.696 24.841
202109 20.949 274.310 25.218
202112 22.246 278.802 26.348
202203 20.600 287.504 23.660
202206 20.510 296.311 22.857
202209 21.049 296.808 23.418
202212 23.275 296.797 25.896
202303 24.626 301.836 26.941
202306 25.012 305.109 27.070
202309 26.005 307.789 27.900
202312 25.879 306.746 27.859
202403 26.978 312.332 28.522
202406 27.235 314.175 28.625
202409 28.320 315.301 29.659
202412 29.505 315.605 30.871
202503 30.756 319.799 31.758
202506 30.815 322.561 31.546
202509 31.847 324.800 32.378
202512 31.328 324.054 31.923
202603 32.401 330.213 32.401

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 RM25.15 mean?
Allianz Malaysia Bhd (XKLS:1163) has a Cyclically Adjusted Book per Share of RM25.15 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 Allianz Malaysia Bhd and its competitors.
Is Allianz Malaysia Bhd's Cyclically Adjusted Book per Share too high?
Allianz Malaysia Bhd's current Cyclically Adjusted Book per Share is RM25.15. Overall, Allianz Malaysia Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Allianz Malaysia Bhd's Cyclically Adjusted Book per Share compare to BRK.A and AIG?
Allianz Malaysia Bhd's Cyclically Adjusted Book per Share of RM25.15 can be compared against companies in the Insurance 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 Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Allianz Malaysia Bhd and its competitors. Allianz Malaysia Bhd's current Cyclically Adjusted Book per Share is RM25.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allianz Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Allianz Malaysia Bhd (XKLS:1163) is currently considered Fairly Valued. The stock's GF Value™ is RM21.46, compared to a current price of RM21.10 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM25.15. Allianz Malaysia Bhd's overall GF Score™ is 84/100 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 Allianz Malaysia Bhd (XKLS:1163), the current Cyclically Adjusted Book per Share is RM25.15 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 Allianz Malaysia Bhd (XKLS:1163) Overvalued in 2026?

Based on GuruFocus' analysis, Allianz Malaysia Bhd stock appears to be undervalued. The current stock price of RM21.10 is trading 1.7% below its estimated GF Value™ of RM21.46. GuruFocus considers Allianz Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:1163:

  • Cyclically Adjusted Book per Share: RM25.15
  • GF Value™: RM21.46 vs. price of RM21.10 (1.7% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the XKLS:1163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allianz Malaysia Bhd Business Description

Other Exchanges 1163PA.PFD:Malaysia
Address 203, Jalan Tun Sambanthan, Level 29, Menara Allianz Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Allianz Malaysia Bhd is an investment holding company engaged in the insurance sector. The company operates in three segments: General Insurance, Life insurance, and Investment holding. The Life insurance segment underwrites all classes of life insurance and also does investment-linked business. The company's general insurance includes automotive, home, personal insurance, and other products. The majority of revenue is generated from the General Insurance segment. The group operates mainly in Malaysia.
84GF Score

Get the complete analysis for XKLS:1163

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

RM21.10
Price
RM21.46
GF Value