Maxim Global Bhd (XKLS:4022) Cyclically Adjusted Book per Share: RM1.05 (As of Mar. 2026)


XKLS:4022 Maxim Global Bhd XKLS:4022
25 GF Score
Price RM0.27
GF Value RM0.44
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Maxim Global Bhd Cyclically Adjusted Book per Share?

Maxim Global Bhd XKLS:4022 -5.26% 25 Cyclically Adjusted Book per Share is RM1.05 as of Mar. 2026. GuruFocus rates XKLS:4022 with a GF Score™ of 25/100 and a GF Value™ of RM0.44 (Possible Value Trap). The stock has 7 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.

Maxim Global Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.755. 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 RM1.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maxim Global Bhd's average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% 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 Maxim Global Bhd was -1.50% per year. The lowest was -4.00% per year. And the median was -1.90% per year.

As of today (2026-07-04), Maxim Global Bhd's current stock price is RM0.27. Maxim Global Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.05. Maxim Global Bhd's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maxim Global Bhd was 0.56. The lowest was 0.25. And the median was 0.35.


Maxim Global Bhd  (XKLS:4022) 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.

Maxim Global Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.27/1.05
=0.26

* 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 Maxim Global Bhd was 0.56. The lowest was 0.25. And the median was 0.35.


Be Aware

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


Maxim Global Bhd Cyclically Adjusted Book per Share Related Terms


Maxim Global Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maxim Global 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.

Maxim Global Bhd Cyclically Adjusted Book per Share Chart

Maxim Global 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 1.13 1.10 1.08 1.08 1.04

Maxim Global 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 1.09 1.08 1.07 1.04 1.05

Maxim Global Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Maxim Global 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.


Maxim Global Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Maxim Global Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:4022
25GF Score
Maxim Global Bhd XKLS:4022
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxim Global 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, Maxim Global 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)
=0.755/330.2130*330.2130
=0.755

Current CPI (Mar. 2026) = 330.2130.

Maxim Global Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.057 241.018 1.448
201609 1.041 241.428 1.424
201612 1.024 241.432 1.401
201703 1.241 243.801 1.681
201706 1.181 244.955 1.592
201709 1.107 246.819 1.481
201712 1.093 246.524 1.464
201803 0.865 249.554 1.145
201806 0.927 251.989 1.215
201809 0.940 252.439 1.230
201812 0.948 251.233 1.246
201903 0.960 254.202 1.247
201906 0.975 256.143 1.257
201909 0.981 256.759 1.262
201912 1.011 256.974 1.299
202003 1.051 258.115 1.345
202006 1.054 257.797 1.350
202009 1.148 260.280 1.456
202012 0.684 260.474 0.867
202103 0.700 264.877 0.873
202106 0.719 271.696 0.874
202109 0.726 274.310 0.874
202112 0.709 278.802 0.840
202203 0.710 287.504 0.815
202206 0.711 296.311 0.792
202209 0.715 296.808 0.795
202212 0.743 296.797 0.827
202303 0.745 301.836 0.815
202306 0.755 305.109 0.817
202309 0.700 307.789 0.751
202312 0.675 306.746 0.727
202403 0.686 312.332 0.725
202406 0.686 314.175 0.721
202409 0.692 315.301 0.725
202412 0.702 315.605 0.734
202503 0.716 319.799 0.739
202506 0.727 322.561 0.744
202509 0.734 324.800 0.746
202512 0.749 324.054 0.763
202603 0.755 330.213 0.755

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 RM1.05 mean?
Maxim Global Bhd (XKLS:4022) has a Cyclically Adjusted Book per Share of RM1.05 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 Maxim Global Bhd and its competitors.
Is Maxim Global Bhd's Cyclically Adjusted Book per Share too high?
Maxim Global Bhd's current Cyclically Adjusted Book per Share is RM1.05. Overall, Maxim Global Bhd has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maxim Global Bhd's Cyclically Adjusted Book per Share compare to competitors?
Maxim Global Bhd's Cyclically Adjusted Book per Share of RM1.05 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Maxim Global Bhd and its competitors. Maxim Global Bhd's current Cyclically Adjusted Book per Share is RM1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxim Global Bhd (XKLS:4022) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.44, compared to a current price of RM0.27 — trading 38.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.05. Maxim Global Bhd's overall GF Score™ is 25/100 with 7 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 Maxim Global Bhd (XKLS:4022), the current Cyclically Adjusted Book per Share is RM1.05 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 Maxim Global Bhd (XKLS:4022) Overvalued in 2026?

Based on GuruFocus' analysis, Maxim Global Bhd stock appears to be undervalued. The current stock price of RM0.27 is trading 38.6% below its estimated GF Value™ of RM0.44. GuruFocus considers Maxim Global Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4022:

  • Cyclically Adjusted Book per Share: RM1.05
  • GF Value™: RM0.44 vs. price of RM0.27 (38.6% below fair value)
  • GF Score™: 25/100 with 7 warning signs

No single metric tells the full story. See the XKLS:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxim Global Bhd Business Description

Address No. 2D, Jalan SS 6/6, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Maxim Global Bhd is mainly engaged in property development and construction activities, with all projects located in the central and southern regions of Peninsular Malaysia. The Group's reportable operating segments include property development and construction, which generates maximum revenue, investment holding, and others including inactive group entities. Its completed projects include Mizumi Residences, Residensi Metro Kepong, Ganggarak Permai, and Residensi The Address. The Group generates maximum revenue from Malaysia.
25GF Score

Get the complete analysis for XKLS:4022

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

RM0.27
Price
RM0.44
GF Value