Marco Holdings Bhd (XKLS:3514) Cyclically Adjusted Book per Share: RM0.23 (As of Jun. 2026)

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XKLS:3514 Marco Holdings Bhd XKLS:3514
56 GF Score
Price RM0.11
GF Value RM0.13
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Marco Holdings Bhd Cyclically Adjusted Book per Share?

Marco Holdings Bhd XKLS:3514 56 Cyclically Adjusted Book per Share is RM0.23 as of Jun. 2026. GuruFocus rates XKLS:3514 with a GF Score™ of 56/100 and a GF Value™ of RM0.13 (Modestly Undervalued). The stock has 1 warning sign 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.

Marco Holdings Bhd's adjusted book value per share for the three months ended in Jun. 2026 was RM0.196. 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 RM0.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Marco Holdings Bhd's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Marco Holdings Bhd was 7.30% per year. The lowest was 3.20% per year. And the median was 5.00% per year.

As of today (2026-09-05), Marco Holdings Bhd's current stock price is RM0.11. Marco Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM0.23. Marco Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marco Holdings Bhd was 1.07. The lowest was 0.43. And the median was 0.78.


Marco Holdings Bhd  (XKLS:3514) 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.

Marco Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.11/0.23
=0.48

* 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 Marco Holdings Bhd was 1.07. The lowest was 0.43. And the median was 0.78.


Be Aware

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


Marco Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Marco Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Marco Holdings 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.

Marco Holdings Bhd Cyclically Adjusted Book per Share Chart

Marco Holdings 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 0.19 0.20 0.21 0.22 0.22

Marco Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.22 0.22 0.22 0.23 0.23

XKLS:3514 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Marco Holdings 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.


Marco Holdings Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Marco Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:3514
56GF Score
Marco Holdings Bhd XKLS:3514
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marco Holdings 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, Marco Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.196/333.9520*333.9520
=0.196

Current CPI (Jun. 2026) = 333.9520.

Marco Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.160 241.428 0.221
201612 0.164 241.432 0.227
201703 0.168 243.801 0.230
201706 0.166 244.955 0.226
201709 0.170 246.819 0.230
201712 0.172 246.524 0.233
201803 0.176 249.554 0.236
201806 0.179 251.989 0.237
201809 0.183 252.439 0.242
201812 0.181 251.233 0.241
201903 0.184 254.202 0.242
201906 0.187 256.143 0.244
201909 0.188 256.759 0.245
201912 0.193 256.974 0.251
202003 0.195 258.115 0.252
202006 0.197 257.797 0.255
202009 0.198 260.280 0.254
202012 0.203 260.474 0.260
202103 0.207 264.877 0.261
202106 0.211 271.696 0.259
202109 0.215 274.310 0.262
202112 0.220 278.802 0.264
202203 0.225 287.504 0.261
202206 0.225 296.311 0.254
202209 0.209 296.808 0.235
202212 0.214 296.797 0.241
202303 0.199 301.836 0.220
202306 0.203 305.109 0.222
202309 0.188 307.789 0.204
202312 0.189 306.746 0.206
202403 0.193 312.332 0.206
202406 0.197 314.175 0.209
202409 0.180 315.301 0.191
202412 0.181 315.605 0.192
202503 0.184 319.799 0.192
202506 0.186 322.561 0.193
202509 0.187 324.800 0.192
202512 0.191 324.054 0.197
202603 0.194 330.213 0.196
202606 0.196 333.952 0.196

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 RM0.23 mean?
Marco Holdings Bhd (XKLS:3514) has a Cyclically Adjusted Book per Share of RM0.23 as of Jun. 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 Marco Holdings Bhd and its competitors.
Is Marco Holdings Bhd's Cyclically Adjusted Book per Share too high?
Marco Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.23. Overall, Marco Holdings Bhd has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marco Holdings Bhd's Cyclically Adjusted Book per Share compare to SNX and ARW?
Marco Holdings Bhd's Cyclically Adjusted Book per Share of RM0.23 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Marco Holdings Bhd and its competitors. Marco Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marco Holdings Bhd (XKLS:3514) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.11 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.23. Marco Holdings Bhd's overall GF Score™ is 56/100 with 1 warning sign 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 Marco Holdings Bhd (XKLS:3514), the current Cyclically Adjusted Book per Share is RM0.23 as of Jun. 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 Marco Holdings Bhd (XKLS:3514) Overvalued in 2026?

Based on GuruFocus' analysis, Marco Holdings Bhd stock appears to be undervalued. The current stock price of RM0.11 is trading 15.4% below its estimated GF Value™ of RM0.13. GuruFocus considers Marco Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3514:

  • Cyclically Adjusted Book per Share: RM0.23
  • GF Value™: RM0.13 vs. price of RM0.11 (15.4% below fair value)
  • GF Score™: 56/100 with 1 warning sign

No single metric tells the full story. See the XKLS:3514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marco Holdings Bhd Business Description

Address Jalan Raja Laut, No. 282, 29th Floor, Menara JKG, Kuala Lumpur, MYS, 50350
Marco Holdings Bhd, and its subsidiaries are mainly engaged in the wholesale and distribution of timepieces, consumer technology and electronic products, electronic musical instruments, as well as retail operations. The Group's product offerings include Casio calculators, Casio label printers and electronic musical instruments, Reebok timepieces, Caterpillar timepieces, and Casio timepieces, among others. Its reportable operating segments are: Distribution, which generates the maximum revenue, and Others. Geographically, the Group derives all of its revenue from Malaysia.
56GF Score

Get the complete analysis for XKLS:3514

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

RM0.11
Price
RM0.13
GF Value