Mega First Bhd (XKLS:3069) Cyclically Adjusted Book per Share: RM2.80 (As of Mar. 2026)


XKLS:3069 Mega First Corp Bhd XKLS:3069
77 GF Score
Price RM2.94
GF Value RM3.18
Valuation Fairly Valued
! 6 Warning Signs
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What is Mega First Bhd Cyclically Adjusted Book per Share?

Mega First Bhd XKLS:3069 +0.68% 77 Cyclically Adjusted Book per Share is RM2.80 as of Mar. 2026. GuruFocus rates XKLS:3069 with a GF Score™ of 77/100 and a GF Value™ of RM3.18 (Fairly Valued). The stock has 6 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.

Mega First Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM3.609. 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 RM2.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mega First Bhd's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Mega First Bhd was 12.80% per year. The lowest was 9.30% per year. And the median was 10.90% per year.

As of today (2026-07-07), Mega First Bhd's current stock price is RM2.94. Mega First Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.80. Mega First Bhd's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mega First Bhd was 2.49. The lowest was 1.01. And the median was 1.66.


Mega First Bhd  (XKLS:3069) 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.

Mega First Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.94/2.80
=1.05

* 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 Mega First Bhd was 2.49. The lowest was 1.01. And the median was 1.66.


Be Aware

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


Mega First Bhd Cyclically Adjusted Book per Share Related Terms


Mega First Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mega First 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.

Mega First Bhd Cyclically Adjusted Book per Share Chart

Mega First 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 1.84 2.10 2.31 2.53 2.74

Mega First 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 2.60 2.66 2.71 2.74 2.80

XKLS:3069 vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Mega First 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.


Mega First Bhd Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:3069
77GF Score
Mega First Corp Bhd XKLS:3069
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega First 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, Mega First 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)
=3.609/330.2130*330.2130
=3.609

Current CPI (Mar. 2026) = 330.2130.

Mega First Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.397 241.018 1.914
201609 1.449 241.428 1.982
201612 1.555 241.432 2.127
201703 1.592 243.801 2.156
201706 1.621 244.955 2.185
201709 1.636 246.819 2.189
201712 1.582 246.524 2.119
201803 1.563 249.554 2.068
201806 1.646 251.989 2.157
201809 1.718 252.439 2.247
201812 1.704 251.233 2.240
201903 1.732 254.202 2.250
201906 1.749 256.143 2.255
201909 1.775 256.759 2.283
201912 1.837 256.974 2.361
202003 1.913 258.115 2.447
202006 1.975 257.797 2.530
202009 1.989 260.280 2.523
202012 2.035 260.474 2.580
202103 2.187 264.877 2.726
202106 2.298 271.696 2.793
202109 2.311 274.310 2.782
202112 2.531 278.802 2.998
202203 2.555 287.504 2.935
202206 2.717 296.311 3.028
202209 2.906 296.808 3.233
202212 2.910 296.797 3.238
202303 2.955 301.836 3.233
202306 3.142 305.109 3.401
202309 3.216 307.789 3.450
202312 3.243 306.746 3.491
202403 3.354 312.332 3.546
202406 3.481 314.175 3.659
202409 3.178 315.301 3.328
202412 3.527 315.605 3.690
202503 3.499 319.799 3.613
202506 3.447 322.561 3.529
202509 3.537 324.800 3.596
202512 3.554 324.054 3.622
202603 3.609 330.213 3.609

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 RM2.80 mean?
Mega First Bhd (XKLS:3069) has a Cyclically Adjusted Book per Share of RM2.80 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 Mega First Bhd and its competitors.
Is Mega First Bhd's Cyclically Adjusted Book per Share too high?
Mega First Bhd's current Cyclically Adjusted Book per Share is RM2.80. Overall, Mega First Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Cyclically Adjusted Book per Share compare to NEE and SO?
Mega First Bhd's Cyclically Adjusted Book per Share of RM2.80 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated 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 Mega First Bhd and its competitors. Mega First Bhd's current Cyclically Adjusted Book per Share is RM2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.18, compared to a current price of RM2.94 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM2.80. Mega First Bhd's overall GF Score™ is 77/100 with 6 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 Mega First Bhd (XKLS:3069), the current Cyclically Adjusted Book per Share is RM2.80 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?

Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued. The current stock price of RM2.94 is trading 7.5% below its estimated GF Value™ of RM3.18. GuruFocus considers Mega First Bhd to be Fairly Valued.

Key valuation signals for XKLS:3069:

  • Cyclically Adjusted Book per Share: RM2.80
  • GF Value™: RM3.18 vs. price of RM2.94 (7.5% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega First Bhd Business Description

Address No. 23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
77GF Score

Get the complete analysis for XKLS:3069

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

RM2.94
Price
RM3.18
GF Value