Malayan Flour Mills Bhd (XKLS:3662) Cyclically Adjusted Book per Share: RM1.49 (As of Mar. 2026)


XKLS:3662 Malayan Flour Mills Bhd XKLS:3662
47 GF Score
Price RM0.59
GF Value RM0.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Malayan Flour Mills Bhd Cyclically Adjusted Book per Share?

Malayan Flour Mills Bhd XKLS:3662 47 Cyclically Adjusted Book per Share is RM1.49 as of Mar. 2026. GuruFocus rates XKLS:3662 with a GF Score™ of 47/100 and a GF Value™ of RM0.66 (Modestly Undervalued). The stock has 3 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.

Malayan Flour Mills Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.108. 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 RM1.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Malayan Flour Mills Bhd's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 Malayan Flour Mills Bhd was 3.80% per year. The lowest was -0.20% per year. And the median was 2.10% per year.

As of today (2026-07-11), Malayan Flour Mills Bhd's current stock price is RM0.585. Malayan Flour Mills Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.49. Malayan Flour Mills Bhd's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Malayan Flour Mills Bhd was 0.73. The lowest was 0.30. And the median was 0.43.


Malayan Flour Mills Bhd  (XKLS:3662) 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.

Malayan Flour Mills Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.585/1.49
=0.39

* 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 Malayan Flour Mills Bhd was 0.73. The lowest was 0.30. And the median was 0.43.


Be Aware

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


Malayan Flour Mills Bhd Cyclically Adjusted Book per Share Related Terms


Malayan Flour Mills Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Malayan Flour Mills 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.

Malayan Flour Mills Bhd Cyclically Adjusted Book per Share Chart

Malayan Flour Mills 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 1.42 1.49 1.52 1.51 1.48

Malayan Flour Mills 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 1.51 1.51 1.50 1.48 1.49

XKLS:3662 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Malayan Flour Mills 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.


Malayan Flour Mills Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Malayan Flour Mills Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:3662
47GF Score
Malayan Flour Mills Bhd XKLS:3662
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Malayan Flour Mills 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, Malayan Flour Mills 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)
=1.108/330.2130*330.2130
=1.108

Current CPI (Mar. 2026) = 330.2130.

Malayan Flour Mills Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.381 241.018 1.892
201609 1.387 241.428 1.897
201612 1.448 241.432 1.980
201703 1.451 243.801 1.965
201706 1.466 244.955 1.976
201709 1.467 246.819 1.963
201712 1.451 246.524 1.944
201803 1.395 249.554 1.846
201806 1.418 251.989 1.858
201809 1.392 252.439 1.821
201812 1.490 251.233 1.958
201903 1.102 254.202 1.432
201906 1.081 256.143 1.394
201909 1.092 256.759 1.404
201912 1.086 256.974 1.396
202003 1.044 258.115 1.336
202006 1.061 257.797 1.359
202009 1.049 260.280 1.331
202012 1.060 260.474 1.344
202103 1.069 264.877 1.333
202106 1.196 271.696 1.454
202109 1.210 274.310 1.457
202112 1.230 278.802 1.457
202203 1.233 287.504 1.416
202206 1.280 296.311 1.426
202209 1.321 296.808 1.470
202212 1.336 296.797 1.486
202303 1.343 301.836 1.469
202306 1.368 305.109 1.481
202309 1.363 307.789 1.462
202312 1.312 306.746 1.412
202403 1.101 312.332 1.164
202406 1.105 314.175 1.161
202409 1.055 315.301 1.105
202412 1.053 315.605 1.102
202503 1.070 319.799 1.105
202506 1.066 322.561 1.091
202509 1.075 324.800 1.093
202512 1.095 324.054 1.116
202603 1.108 330.213 1.108

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 RM1.49 mean?
Malayan Flour Mills Bhd (XKLS:3662) has a Cyclically Adjusted Book per Share of RM1.49 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 Malayan Flour Mills Bhd and its competitors.
Is Malayan Flour Mills Bhd's Cyclically Adjusted Book per Share too high?
Malayan Flour Mills Bhd's current Cyclically Adjusted Book per Share is RM1.49. Overall, Malayan Flour Mills Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Flour Mills Bhd's Cyclically Adjusted Book per Share compare to ADM and BG?
Malayan Flour Mills Bhd's Cyclically Adjusted Book per Share of RM1.49 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 Malayan Flour Mills Bhd and its competitors. Malayan Flour Mills Bhd's current Cyclically Adjusted Book per Share is RM1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Flour Mills Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Flour Mills Bhd (XKLS:3662) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.66, compared to a current price of RM0.59 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.49. Malayan Flour Mills Bhd's overall GF Score™ is 47/100 with 3 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 Malayan Flour Mills Bhd (XKLS:3662), the current Cyclically Adjusted Book per Share is RM1.49 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 Malayan Flour Mills Bhd (XKLS:3662) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Flour Mills Bhd stock appears to be undervalued. The current stock price of RM0.59 is trading 11.4% below its estimated GF Value™ of RM0.66. GuruFocus considers Malayan Flour Mills Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3662:

  • Cyclically Adjusted Book per Share: RM1.49
  • GF Value™: RM0.66 vs. price of RM0.59 (11.4% below fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3662 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Flour Mills Bhd Business Description

Address 165 Jalan Ampang, Suite 25.01, Level 25, Menara Citibank, Kuala Lumpur, SGR, MYS, 50450
Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. The company generstes maximum revenue from the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.
47GF Score

Get the complete analysis for XKLS:3662

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

RM0.59
Price
RM0.66
GF Value