Mulpha International Bhd (XKLS:3905) Cyclically Adjusted Book per Share: RM12.55 (As of Mar. 2026)

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XKLS:3905 Mulpha International Bhd XKLS:3905
75 GF Score
Price RM2.98
GF Value RM4.46
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mulpha International Bhd Cyclically Adjusted Book per Share?

Mulpha International Bhd XKLS:3905 +1.36% 75 Cyclically Adjusted Book per Share is RM12.55 as of Mar. 2026. GuruFocus rates XKLS:3905 with a GF Score™ of 75/100 and a GF Value™ of RM4.46 (Possible Value Trap). 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.

Mulpha International Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM12.460. 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 RM12.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mulpha International Bhd's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Mulpha International Bhd was 1.50% per year. The lowest was 0.40% per year. And the median was 1.50% per year.

As of today (2026-07-15), Mulpha International Bhd's current stock price is RM2.98. Mulpha International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM12.55. Mulpha International Bhd's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mulpha International Bhd was 0.27. The lowest was 0.09. And the median was 0.20.


Mulpha International Bhd  (XKLS:3905) 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.

Mulpha International Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.98/12.55
=0.24

* 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 Mulpha International Bhd was 0.27. The lowest was 0.09. And the median was 0.20.


Be Aware

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


Mulpha International Bhd Cyclically Adjusted Book per Share Related Terms


Mulpha International Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mulpha International 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.

Mulpha International Bhd Cyclically Adjusted Book per Share Chart

Mulpha International 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 11.89 12.28 12.43 12.45 12.41

Mulpha International 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 12.53 12.55 12.55 12.41 12.55

XKLS:3905 vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Mulpha International 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.


Mulpha International Bhd Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mulpha International Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:3905
75GF Score
Mulpha International Bhd XKLS:3905
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulpha International 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, Mulpha International 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)
=12.46/330.2130*330.2130
=12.460

Current CPI (Mar. 2026) = 330.2130.

Mulpha International Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.856 241.018 17.614
201609 8.777 241.428 12.005
201612 9.320 241.432 12.747
201703 9.650 243.801 13.070
201706 9.892 244.955 13.335
201709 10.044 246.819 13.438
201712 10.261 246.524 13.744
201803 9.979 249.554 13.204
201806 10.212 251.989 13.382
201809 10.220 252.439 13.369
201812 10.071 251.233 13.237
201903 10.342 254.202 13.434
201906 9.837 256.143 12.682
201909 8.681 256.759 11.164
201912 8.983 256.974 11.543
202003 8.405 258.115 10.753
202006 8.813 257.797 11.289
202009 8.843 260.280 11.219
202012 9.312 260.474 11.805
202103 9.676 264.877 12.063
202106 9.784 271.696 11.891
202109 11.013 274.310 13.257
202112 11.066 278.802 13.107
202203 11.499 287.504 13.207
202206 11.210 296.311 12.493
202209 11.397 296.808 12.680
202212 11.336 296.797 12.612
202303 11.259 301.836 12.318
202306 11.632 305.109 12.589
202309 11.393 307.789 12.223
202312 11.585 306.746 12.471
202403 11.465 312.332 12.121
202406 11.541 314.175 12.130
202409 10.860 315.301 11.374
202412 11.144 315.605 11.660
202503 11.200 319.799 11.565
202506 11.807 322.561 12.087
202509 11.985 324.800 12.185
202512 12.212 324.054 12.444
202603 12.460 330.213 12.460

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 RM12.55 mean?
Mulpha International Bhd (XKLS:3905) has a Cyclically Adjusted Book per Share of RM12.55 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 Mulpha International Bhd and its competitors.
Is Mulpha International Bhd's Cyclically Adjusted Book per Share too high?
Mulpha International Bhd's current Cyclically Adjusted Book per Share is RM12.55. Overall, Mulpha International Bhd has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulpha International Bhd's Cyclically Adjusted Book per Share compare to HON and MMM?
Mulpha International Bhd's Cyclically Adjusted Book per Share of RM12.55 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Mulpha International Bhd and its competitors. Mulpha International Bhd's current Cyclically Adjusted Book per Share is RM12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulpha International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mulpha International Bhd (XKLS:3905) is currently considered Possible Value Trap. The stock's GF Value™ is RM4.46, compared to a current price of RM2.98 — trading 33.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM12.55. Mulpha International Bhd's overall GF Score™ is 75/100 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 Mulpha International Bhd (XKLS:3905), the current Cyclically Adjusted Book per Share is RM12.55 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 Mulpha International Bhd (XKLS:3905) Overvalued in 2026?

Based on GuruFocus' analysis, Mulpha International Bhd stock appears to be undervalued. The current stock price of RM2.98 is trading 33.2% below its estimated GF Value™ of RM4.46. GuruFocus considers Mulpha International Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3905:

  • Cyclically Adjusted Book per Share: RM12.55
  • GF Value™: RM4.46 vs. price of RM2.98 (33.2% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulpha International Bhd Business Description

Address No. 12A, Jalan PJU 7/3, Suite 11-1, The Office Club, Level 11, Menara Mudajaya, Mutiara Damansara, Petaling Jay, SGR, MYS, 47810
Mulpha International Bhd is an investment holding company. The operating segments of the company are Hospitality and Leisure, which derive key revenue, including hotel and service apartment ownership and/or operation, food and beverage operation, entertainment and events; Property Development; Property Investment and Finance that consists of real estate investment, licensed money lending, and financial service provider; and Investment and Others includes investment holding, investment in securities, education and others. Its geographical segments include Australia, Malaysia, and New Zealand, of which Australia derives the maximum revenue.
75GF Score

Get the complete analysis for XKLS:3905

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

RM2.98
Price
RM4.46
GF Value