South Malaysia Industries Bhd (XKLS:4375) Cyclically Adjusted Book per Share: RM0.88 (As of Mar. 2026)


XKLS:4375 South Malaysia Industries Bhd XKLS:4375
36 GF Score
Price RM0.20
GF Value RM0.36
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is South Malaysia Industries Bhd Cyclically Adjusted Book per Share?

South Malaysia Industries Bhd XKLS:4375 36 Cyclically Adjusted Book per Share is RM0.88 as of Mar. 2026. GuruFocus rates XKLS:4375 with a GF Score™ of 36/100 and a GF Value™ of RM0.36 (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.

South Malaysia Industries Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.619. 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 RM0.88 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% 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 South Malaysia Industries Bhd was 1.90% per year. The lowest was 1.90% per year. And the median was 1.90% per year.

As of today (2026-07-03), South Malaysia Industries Bhd's current stock price is RM0.20. South Malaysia Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.88. South Malaysia Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of South Malaysia Industries Bhd was 1.53. The lowest was 0.15. And the median was 0.37.


South Malaysia Industries Bhd  (XKLS:4375) 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.

South Malaysia Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.20/0.88
=0.23

* 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 South Malaysia Industries Bhd was 1.53. The lowest was 0.15. And the median was 0.37.


Be Aware

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


South Malaysia Industries Bhd Cyclically Adjusted Book per Share Related Terms


South Malaysia Industries Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for South Malaysia Industries 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.

South Malaysia Industries Bhd Cyclically Adjusted Book per Share Chart

South Malaysia Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.84 0.86 0.88 0.89

South Malaysia Industries Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.88 0.88 0.00 0.87 0.88

XKLS:4375 vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, South Malaysia Industries 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.


South Malaysia Industries Bhd Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Malaysia Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where South Malaysia Industries Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:4375
36GF Score
South Malaysia Industries Bhd XKLS:4375
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

South Malaysia Industries 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, South Malaysia Industries 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)
=0.619/330.2130*330.2130
=0.619

Current CPI (Mar. 2026) = 330.2130.

South Malaysia Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.683 238.132 0.947
201606 0.693 241.018 0.949
201609 0.703 241.428 0.962
201612 0.694 241.432 0.949
201703 0.829 243.801 1.123
201706 0.842 244.955 1.135
201709 0.829 246.819 1.109
201712 0.840 246.524 1.125
201803 0.836 249.554 1.106
201806 0.825 251.989 1.081
201809 0.807 252.439 1.056
201812 0.839 251.233 1.103
201903 0.824 254.202 1.070
201906 0.821 256.143 1.058
201909 0.816 256.759 1.049
201912 0.804 256.974 1.033
202003 0.786 258.115 1.006
202006 0.741 257.797 0.949
202009 0.739 260.280 0.938
202012 0.721 260.474 0.914
202103 0.728 264.877 0.908
202106 0.726 271.696 0.882
202109 0.716 274.310 0.862
202112 0.694 278.802 0.822
202203 0.678 287.504 0.779
202206 0.671 296.311 0.748
202209 0.669 296.808 0.744
202212 0.667 296.797 0.742
202303 0.678 301.836 0.742
202309 0.633 307.789 0.679
202312 0.621 306.746 0.669
202403 0.608 312.332 0.643
202406 0.621 314.175 0.653
202409 0.610 315.301 0.639
202412 0.601 315.605 0.629
202503 0.593 319.799 0.612
202506 0.643 322.561 0.658
202509 0.000 324.800 0.000
202512 0.612 324.054 0.624
202603 0.619 330.213 0.619

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 RM0.88 mean?
South Malaysia Industries Bhd (XKLS:4375) has a Cyclically Adjusted Book per Share of RM0.88 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 South Malaysia Industries Bhd and its competitors.
Is South Malaysia Industries Bhd's Cyclically Adjusted Book per Share too high?
South Malaysia Industries Bhd's current Cyclically Adjusted Book per Share is RM0.88. Overall, South Malaysia Industries Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does South Malaysia Industries Bhd's Cyclically Adjusted Book per Share compare to VRT and BE?
South Malaysia Industries Bhd's Cyclically Adjusted Book per Share of RM0.88 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 South Malaysia Industries Bhd and its competitors. South Malaysia Industries Bhd's current Cyclically Adjusted Book per Share is RM0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Malaysia Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, South Malaysia Industries Bhd (XKLS:4375) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.36, compared to a current price of RM0.20 — trading 44.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.88. South Malaysia Industries Bhd's overall GF Score™ is 36/100 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 South Malaysia Industries Bhd (XKLS:4375), the current Cyclically Adjusted Book per Share is RM0.88 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 South Malaysia Industries Bhd (XKLS:4375) Overvalued in 2026?

Based on GuruFocus' analysis, South Malaysia Industries Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 44.4% below its estimated GF Value™ of RM0.36. GuruFocus considers South Malaysia Industries Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4375:

  • Cyclically Adjusted Book per Share: RM0.88
  • GF Value™: RM0.36 vs. price of RM0.20 (44.4% below fair value)
  • GF Score™: 36/100 with 3 warning signs

No single metric tells the full story. See the XKLS:4375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


South Malaysia Industries Bhd Business Description

Address No. 6, Lorong P. Ramlee, 13A Floor, Menara SMI, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50250
South Malaysia Industries Bhd is principally engaged in investment holding, trading, property development and provision of management services. The company's reportable segments are: i) Property development: Develop and sale of residential and commercial properties, ii) Property & investment holding: Investment in properties, carpark operation and holding company, iii) Manufacturing and trading: Manufacture of assorted wires and trading. The majority of the company's revenue is derived from the Manufacturing and trading segment. Geographically, it predominantly operates in Malaysia.
36GF Score

Get the complete analysis for XKLS:4375

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

RM0.20
Price
RM0.36
GF Value