Nestle Malaysia Bhd (XKLS:4707) Cyclically Adjusted Book per Share: RM3.44 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:4707 Nestle Malaysia Bhd XKLS:4707
85 GF Score
Price RM102.50
GF Value RM111.20
Valuation Fairly Valued
! 4 Warning Signs
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What is Nestle Malaysia Bhd Cyclically Adjusted Book per Share?

Nestle Malaysia Bhd XKLS:4707 +0.69% 85 Cyclically Adjusted Book per Share is RM3.44 as of Jun. 2026. GuruFocus rates XKLS:4707 with a GF Score™ of 85/100 and a GF Value™ of RM111.20 (Fairly Valued). The stock has 4 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.

Nestle Malaysia Bhd's adjusted book value per share for the three months ended in Jun. 2026 was RM3.093. 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 RM3.44 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nestle Malaysia Bhd's average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.10% 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 Nestle Malaysia Bhd was 2.20% per year. The lowest was -2.50% per year. And the median was -0.60% per year.

As of today (2026-08-06), Nestle Malaysia Bhd's current stock price is RM102.50. Nestle Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM3.44. Nestle Malaysia Bhd's Cyclically Adjusted PB Ratio of today is 29.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nestle Malaysia Bhd was 41.64. The lowest was 18.03. And the median was 35.47.


Nestle Malaysia Bhd  (XKLS:4707) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=102.50/3.44
=29.80

* 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 Nestle Malaysia Bhd was 41.64. The lowest was 18.03. And the median was 35.47.


Be Aware

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


Nestle Malaysia Bhd Cyclically Adjusted Book per Share Related Terms


Nestle Malaysia Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nestle Malaysia 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.

Nestle Malaysia Bhd Cyclically Adjusted Book per Share Chart

Nestle Malaysia 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 3.61 3.70 3.64 3.55 3.43

Nestle Malaysia 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 3.51 3.48 3.43 3.43 3.44

XKLS:4707 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Nestle Malaysia 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.


Nestle Malaysia Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:4707
85GF Score
Nestle Malaysia Bhd XKLS:4707
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nestle Malaysia 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, Nestle Malaysia 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)
=3.093/333.9520*333.9520
=3.093

Current CPI (Jun. 2026) = 333.9520.

Nestle Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.179 241.428 4.397
201612 2.757 241.432 3.814
201703 3.677 243.801 5.037
201706 3.036 244.955 4.139
201709 2.871 246.819 3.885
201712 2.712 246.524 3.674
201803 3.678 249.554 4.922
201806 3.138 251.989 4.159
201809 3.022 252.439 3.998
201812 2.790 251.233 3.709
201903 3.773 254.202 4.957
201906 3.045 256.143 3.970
201909 2.987 256.759 3.885
201912 2.835 256.974 3.684
202003 3.657 258.115 4.731
202006 2.694 257.797 3.490
202009 2.527 260.280 3.242
202012 2.376 260.474 3.046
202103 3.158 264.877 3.982
202106 2.801 271.696 3.443
202109 2.714 274.310 3.304
202112 2.485 278.802 2.977
202203 2.346 287.504 2.725
202206 3.048 296.311 3.435
202209 2.851 296.808 3.208
202212 2.671 296.797 3.005
202303 2.294 301.836 2.538
202306 3.071 305.109 3.361
202309 2.963 307.789 3.215
202312 2.878 306.746 3.133
202403 2.429 312.332 2.597
202406 2.833 314.175 3.011
202409 2.439 315.301 2.583
202412 2.335 315.605 2.471
202503 2.289 319.799 2.390
202506 2.743 322.561 2.840
202509 2.534 324.800 2.605
202512 2.459 324.054 2.534
202603 2.427 330.213 2.454
202606 3.093 333.952 3.093

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 RM3.44 mean?
Nestle Malaysia Bhd (XKLS:4707) has a Cyclically Adjusted Book per Share of RM3.44 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 Nestle Malaysia Bhd and its competitors.
Is Nestle Malaysia Bhd's Cyclically Adjusted Book per Share too high?
Nestle Malaysia Bhd's current Cyclically Adjusted Book per Share is RM3.44. Overall, Nestle Malaysia Bhd has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nestle Malaysia Bhd's Cyclically Adjusted Book per Share compare to KHC and GIS?
Nestle Malaysia Bhd's Cyclically Adjusted Book per Share of RM3.44 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 Nestle Malaysia Bhd and its competitors. Nestle Malaysia Bhd's current Cyclically Adjusted Book per Share is RM3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nestle Malaysia Bhd (XKLS:4707) is currently considered Fairly Valued. The stock's GF Value™ is RM111.20, compared to a current price of RM102.50 — trading 7.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM3.44. Nestle Malaysia Bhd's overall GF Score™ is 85/100 with 4 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 Nestle Malaysia Bhd (XKLS:4707), the current Cyclically Adjusted Book per Share is RM3.44 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 Nestle Malaysia Bhd (XKLS:4707) Overvalued in 2026?

Based on GuruFocus' analysis, Nestle Malaysia Bhd stock appears to be undervalued. The current stock price of RM102.50 is trading 7.8% below its estimated GF Value™ of RM111.20. GuruFocus considers Nestle Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:4707:

  • Cyclically Adjusted Book per Share: RM3.44
  • GF Value™: RM111.20 vs. price of RM102.50 (7.8% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the XKLS:4707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nestle Malaysia Bhd Business Description

Other Exchanges NSLYF:USA
Address No. 1, Persiaran Bandar Utama, Level 22, 1 Powerhouse, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments which include Nutrition, Nestle Professional, Nestle Health Science and NESPRESSO. The Food and Beverages segment derives maximum revenue. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately maximum of total sales. The known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.
85GF Score

Get the complete analysis for XKLS:4707

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

RM102.50
Price
RM111.20
GF Value