United Malacca Bhd (XKLS:2593) Cyclically Adjusted Book per Share: RM8.44 (As of Apr. 2026)


XKLS:2593 United Malacca Bhd XKLS:2593
83 GF Score
Price RM5.94
GF Value RM6.64
Valuation Modestly Undervalued
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What is United Malacca Bhd Cyclically Adjusted Book per Share?

United Malacca Bhd XKLS:2593 -1.82% 83 Cyclically Adjusted Book per Share is RM8.44 as of Apr. 2026. GuruFocus rates XKLS:2593 with a GF Score™ of 83/100 and a GF Value™ of RM6.64 (Modestly Undervalued).

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.

United Malacca Bhd's adjusted book value per share for the three months ended in Apr. 2026 was RM7.440. 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 RM8.44 for the trailing ten years ended in Apr. 2026.

During the past 12 months, United Malacca Bhd's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 United Malacca Bhd was 5.30% per year. The lowest was -0.90% per year. And the median was 2.15% per year.

As of today (2026-07-07), United Malacca Bhd's current stock price is RM5.94. United Malacca Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM8.44. United Malacca Bhd's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Malacca Bhd was 0.72. The lowest was 0.54. And the median was 0.63.


United Malacca Bhd  (XKLS:2593) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.94/8.44
=0.70

* 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 United Malacca Bhd was 0.72. The lowest was 0.54. And the median was 0.63.


Be Aware

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


United Malacca Bhd Cyclically Adjusted Book per Share Related Terms


United Malacca Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for United Malacca 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.

United Malacca Bhd Cyclically Adjusted Book per Share Chart

United Malacca Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.36 8.68 8.64 8.50 8.44

United Malacca Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 8.50 8.47 8.42 8.34 8.44

XKLS:2593 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, United Malacca 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.


United Malacca Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:2593
83GF Score
United Malacca Bhd XKLS:2593
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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United Malacca 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, United Malacca Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=7.44/333.0200*333.0200
=7.440

Current CPI (Apr. 2026) = 333.0200.

United Malacca Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 8.129 240.628 11.250
201610 8.245 241.729 11.359
201701 8.260 242.839 11.327
201704 6.743 244.524 9.183
201707 8.254 244.786 11.229
201710 8.296 246.663 11.200
201801 8.303 247.867 11.155
201804 6.526 250.546 8.674
201807 7.261 252.006 9.595
201810 7.187 252.885 9.464
201901 7.218 251.712 9.550
201904 6.288 255.548 8.194
201907 6.421 256.571 8.334
201910 6.601 257.346 8.542
202001 6.608 257.971 8.530
202004 6.282 256.389 8.160
202007 6.246 259.101 8.028
202010 6.259 260.388 8.005
202101 6.307 261.582 8.029
202104 6.239 267.054 7.780
202107 6.293 273.003 7.676
202110 6.465 276.589 7.784
202201 6.556 281.148 7.766
202204 6.683 289.109 7.698
202207 6.698 296.276 7.529
202210 6.780 298.012 7.576
202301 6.736 299.170 7.498
202304 6.835 303.363 7.503
202307 6.763 305.691 7.368
202310 6.829 307.671 7.392
202401 6.869 308.417 7.417
202404 6.921 313.548 7.351
202407 6.884 314.540 7.288
202410 7.024 315.664 7.410
202501 7.094 317.671 7.437
202504 7.164 320.795 7.437
202507 7.219 323.048 7.442
202510 7.354 0.000
202601 7.354 325.252 7.530
202604 7.440 333.020 7.440

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 RM8.44 mean?
United Malacca Bhd (XKLS:2593) has a Cyclically Adjusted Book per Share of RM8.44 as of Apr. 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 United Malacca Bhd and its competitors.
Is United Malacca Bhd's Cyclically Adjusted Book per Share too high?
United Malacca Bhd's current Cyclically Adjusted Book per Share is RM8.44. Overall, United Malacca Bhd has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Malacca Bhd's Cyclically Adjusted Book per Share compare to ADM and BG?
United Malacca Bhd's Cyclically Adjusted Book per Share of RM8.44 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 United Malacca Bhd and its competitors. United Malacca Bhd's current Cyclically Adjusted Book per Share is RM8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Malacca Bhd stock overvalued right now?
Based on GuruFocus' analysis, United Malacca Bhd (XKLS:2593) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.64, compared to a current price of RM5.94 — trading 10.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM8.44. United Malacca Bhd's overall GF Score™ is 83/100. 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 United Malacca Bhd (XKLS:2593), the current Cyclically Adjusted Book per Share is RM8.44 as of Apr. 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 United Malacca Bhd (XKLS:2593) Overvalued in 2026?

Based on GuruFocus' analysis, United Malacca Bhd stock appears to be undervalued. The current stock price of RM5.94 is trading 10.5% below its estimated GF Value™ of RM6.64. GuruFocus considers United Malacca Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2593:

  • Cyclically Adjusted Book per Share: RM8.44
  • GF Value™: RM6.64 vs. price of RM5.94 (10.5% below fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the XKLS:2593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Malacca Bhd Business Description

Address 6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority revenue from Malaysia and also has a presence in Indonesia.
83GF Score

Get the complete analysis for XKLS:2593

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

RM5.94
Price
RM6.64
GF Value