Negri Sembilan Oil Palms Bhd (XKLS:2038) Cyclically Adjusted Book per Share: RM9.88 (As of Mar. 2026)


XKLS:2038 Negri Sembilan Oil Palms Bhd XKLS:2038
79 GF Score
Price RM5.40
GF Value RM6.08
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Negri Sembilan Oil Palms Bhd Cyclically Adjusted Book per Share?

Negri Sembilan Oil Palms Bhd XKLS:2038 79 Cyclically Adjusted Book per Share is RM9.88 as of Mar. 2026. GuruFocus rates XKLS:2038 with a GF Score™ of 79/100 and a GF Value™ of RM6.08 (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.

Negri Sembilan Oil Palms Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM9.915. 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 RM9.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Negri Sembilan Oil Palms Bhd's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Negri Sembilan Oil Palms Bhd was 7.60% per year. The lowest was 4.30% per year. And the median was 5.60% per year.

As of today (2026-07-08), Negri Sembilan Oil Palms Bhd's current stock price is RM5.40. Negri Sembilan Oil Palms Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM9.88. Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Negri Sembilan Oil Palms Bhd was 0.63. The lowest was 0.35. And the median was 0.42.


Negri Sembilan Oil Palms Bhd  (XKLS:2038) 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.

Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.40/9.88
=0.55

* 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 Negri Sembilan Oil Palms Bhd was 0.63. The lowest was 0.35. And the median was 0.42.


Be Aware

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


Negri Sembilan Oil Palms Bhd Cyclically Adjusted Book per Share Related Terms


Negri Sembilan Oil Palms Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Negri Sembilan Oil Palms 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.

Negri Sembilan Oil Palms Bhd Cyclically Adjusted Book per Share Chart

Negri Sembilan Oil Palms 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 7.93 8.56 8.96 9.33 9.71

Negri Sembilan Oil Palms 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 9.51 9.64 9.76 9.71 9.88

XKLS:2038 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Negri Sembilan Oil Palms 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.


Negri Sembilan Oil Palms Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Negri Sembilan Oil Palms Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:2038
79GF Score
Negri Sembilan Oil Palms Bhd XKLS:2038
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Negri Sembilan Oil Palms 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, Negri Sembilan Oil Palms 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)
=9.915/330.2130*330.2130
=9.915

Current CPI (Mar. 2026) = 330.2130.

Negri Sembilan Oil Palms Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.768 241.018 10.643
201609 7.834 241.428 10.715
201612 7.885 241.432 10.785
201703 8.526 243.801 11.548
201706 8.500 244.955 11.458
201709 8.051 246.819 10.771
201712 7.599 246.524 10.179
201803 7.611 249.554 10.071
201806 7.542 251.989 9.883
201809 8.042 252.439 10.520
201812 7.833 251.233 10.295
201903 7.835 254.202 10.178
201906 7.818 256.143 10.079
201909 7.764 256.759 9.985
201912 7.771 256.974 9.986
202003 7.665 258.115 9.806
202006 7.720 257.797 9.889
202009 7.653 260.280 9.709
202012 7.653 260.474 9.702
202103 7.792 264.877 9.714
202106 7.727 271.696 9.391
202109 7.835 274.310 9.432
202112 7.928 278.802 9.390
202203 8.225 287.504 9.447
202206 8.140 296.311 9.071
202209 8.298 296.808 9.232
202212 8.302 296.797 9.237
202303 8.374 301.836 9.161
202306 8.540 305.109 9.243
202309 8.715 307.789 9.350
202312 8.668 306.746 9.331
202403 8.811 312.332 9.315
202406 8.953 314.175 9.410
202409 9.007 315.301 9.433
202412 9.174 315.605 9.599
202503 9.400 319.799 9.706
202506 9.499 322.561 9.724
202509 9.762 324.800 9.925
202512 9.713 324.054 9.898
202603 9.915 330.213 9.915

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 RM9.88 mean?
Negri Sembilan Oil Palms Bhd (XKLS:2038) has a Cyclically Adjusted Book per Share of RM9.88 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 Negri Sembilan Oil Palms Bhd and its competitors.
Is Negri Sembilan Oil Palms Bhd's Cyclically Adjusted Book per Share too high?
Negri Sembilan Oil Palms Bhd's current Cyclically Adjusted Book per Share is RM9.88. Overall, Negri Sembilan Oil Palms 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 Negri Sembilan Oil Palms Bhd's Cyclically Adjusted Book per Share compare to ADM and BG?
Negri Sembilan Oil Palms Bhd's Cyclically Adjusted Book per Share of RM9.88 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Negri Sembilan Oil Palms Bhd and its competitors. Negri Sembilan Oil Palms Bhd's current Cyclically Adjusted Book per Share is RM9.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Negri Sembilan Oil Palms Bhd stock overvalued right now?
Based on GuruFocus' analysis, Negri Sembilan Oil Palms Bhd (XKLS:2038) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.08, compared to a current price of RM5.40 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM9.88. Negri Sembilan Oil Palms Bhd's overall GF Score™ is 79/100 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 Negri Sembilan Oil Palms Bhd (XKLS:2038), the current Cyclically Adjusted Book per Share is RM9.88 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 Negri Sembilan Oil Palms Bhd (XKLS:2038) Overvalued in 2026?

Based on GuruFocus' analysis, Negri Sembilan Oil Palms Bhd stock appears to be undervalued. The current stock price of RM5.40 is trading 11.2% below its estimated GF Value™ of RM6.08. GuruFocus considers Negri Sembilan Oil Palms Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2038:

  • Cyclically Adjusted Book per Share: RM9.88
  • GF Value™: RM6.08 vs. price of RM5.40 (11.2% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the XKLS:2038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Negri Sembilan Oil Palms Bhd Business Description

Address Jalan Stesen Sentral 5, Block 2B, Suite 2B-3A-2, Level 3A, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Negri Sembilan Oil Palms Bhd and its subsidiaries are engaged in the cultivation of oil palms, processing and selling fresh fruit bunches, crude palm oil, and palm kernel. The Group has four estates, namely, Ladang Senama, Ladang Ibam, Ladang Gula, and Ladang Maran, with a total land bank spreading across several thousand hectares. Geographically, its operations are wholly carried out in Peninsular Malaysia.
79GF Score

Get the complete analysis for XKLS:2038

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

RM5.40
Price
RM6.08
GF Value