DRB-Hicom Bhd (XKLS:1619) Cyclically Adjusted Book per Share: RM4.79 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

XKLS:1619 DRB-Hicom Bhd XKLS:1619
79 GF Score
Price RM1.00
GF Value RM1.29
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is DRB-Hicom Bhd Cyclically Adjusted Book per Share?

DRB-Hicom Bhd XKLS:1619 -1.96% 79 Cyclically Adjusted Book per Share is RM4.79 as of Mar. 2026. GuruFocus rates XKLS:1619 with a GF Score™ of 79/100 and a GF Value™ of RM1.29 (Modestly Undervalued). The stock has 7 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.

DRB-Hicom Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM4.479. 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 RM4.79 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 DRB-Hicom Bhd was 5.40% per year. The lowest was 0.80% per year. And the median was 2.60% per year.

As of today (2026-07-17), DRB-Hicom Bhd's current stock price is RM1.00. DRB-Hicom Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM4.79. DRB-Hicom Bhd's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DRB-Hicom Bhd was 0.62. The lowest was 0.13. And the median was 0.30.


DRB-Hicom Bhd  (XKLS:1619) 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.

DRB-Hicom Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.00/4.79
=0.21

* 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 DRB-Hicom Bhd was 0.62. The lowest was 0.13. And the median was 0.30.


Be Aware

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


DRB-Hicom Bhd Cyclically Adjusted Book per Share Related Terms


DRB-Hicom Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for DRB-Hicom 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.

DRB-Hicom Bhd Cyclically Adjusted Book per Share Chart

DRB-Hicom Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 4.62 4.71 4.76 4.73

DRB-Hicom 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 4.79 4.79 4.78 4.73 4.79

XKLS:1619 vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, DRB-Hicom 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.


DRB-Hicom Bhd Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, DRB-Hicom Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:1619
79GF Score
DRB-Hicom Bhd XKLS:1619
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DRB-Hicom 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, DRB-Hicom 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)
=4.479/330.2130*330.2130
=4.479

Current CPI (Mar. 2026) = 330.2130.

DRB-Hicom Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.826 241.018 5.242
201609 3.706 241.428 5.069
201612 3.831 241.432 5.240
201703 3.653 243.801 4.948
201706 3.587 244.955 4.835
201709 4.083 246.819 5.463
201712 4.039 246.524 5.410
201803 3.960 249.554 5.240
201806 3.930 251.989 5.150
201809 3.915 252.439 5.121
201812 3.941 251.233 5.180
201903 4.015 254.202 5.216
201906 4.036 256.143 5.203
201909 4.039 256.759 5.194
201912 3.941 256.974 5.064
202003 3.869 258.115 4.950
202006 3.570 257.797 4.573
202009 3.539 260.280 4.490
202012 4.072 260.474 5.162
202103 4.060 264.877 5.061
202106 3.925 271.696 4.770
202109 3.829 274.310 4.609
202112 3.726 278.802 4.413
202203 3.710 287.504 4.261
202206 3.765 296.311 4.196
202209 4.015 296.808 4.467
202212 3.993 296.797 4.443
202303 4.056 301.836 4.437
202306 4.055 305.109 4.389
202309 4.316 307.789 4.630
202312 4.401 306.746 4.738
202403 4.440 312.332 4.694
202406 4.326 314.175 4.547
202409 4.318 315.301 4.522
202412 4.297 315.605 4.496
202503 4.275 319.799 4.414
202506 4.345 322.561 4.448
202509 4.324 324.800 4.396
202512 4.507 324.054 4.593
202603 4.479 330.213 4.479

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 RM4.79 mean?
DRB-Hicom Bhd (XKLS:1619) has a Cyclically Adjusted Book per Share of RM4.79 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 DRB-Hicom Bhd and its competitors.
Is DRB-Hicom Bhd's Cyclically Adjusted Book per Share too high?
DRB-Hicom Bhd's current Cyclically Adjusted Book per Share is RM4.79. Overall, DRB-Hicom Bhd has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DRB-Hicom Bhd's Cyclically Adjusted Book per Share compare to TSLA and GM?
DRB-Hicom Bhd's Cyclically Adjusted Book per Share of RM4.79 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 DRB-Hicom Bhd and its competitors. DRB-Hicom Bhd's current Cyclically Adjusted Book per Share is RM4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRB-Hicom Bhd stock overvalued right now?
Based on GuruFocus' analysis, DRB-Hicom Bhd (XKLS:1619) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.29, compared to a current price of RM1.00 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM4.79. DRB-Hicom Bhd's overall GF Score™ is 79/100 with 7 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 DRB-Hicom Bhd (XKLS:1619), the current Cyclically Adjusted Book per Share is RM4.79 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 DRB-Hicom Bhd (XKLS:1619) Overvalued in 2026?

Based on GuruFocus' analysis, DRB-Hicom Bhd stock appears to be undervalued. The current stock price of RM1.00 is trading 22.5% below its estimated GF Value™ of RM1.29. GuruFocus considers DRB-Hicom Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:1619:

  • Cyclically Adjusted Book per Share: RM4.79
  • GF Value™: RM1.29 vs. price of RM1.00 (22.5% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the XKLS:1619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DRB-Hicom Bhd Business Description

Address No. 2, Jalan Usahawan U1/8, Level 5, Wisma DRB-HICOM, Seksyen U1, Shah Alam, SGR, MYS, 40150
DRB-Hicom Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments: Automotive, Aerospace and Defence, Postal, Banking, Services, and Properties. It generates maximum revenue from the Automotive segment, which is engaged in manufacturing, assembly, vehicle importation, pre-delivery inspection, vehicle leasing, distribution and sale of motor vehicles, motorcycles, and related spare parts and services. Geographically, the company generates a majority of its revenue from its operations within Malaysia, and also has a presence in other markets.
79GF Score

Get the complete analysis for XKLS:1619

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

RM1.00
Price
RM1.29
GF Value