Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Cyclically Adjusted Book per Share: RM1.29 (As of Mar. 2026)


XKLS:5008 Harrisons Holdings (Malaysia) Bhd XKLS:5008
67 GF Score
Price RM1.29
GF Value RM1.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Book per Share?

Harrisons Holdings (Malaysia) Bhd XKLS:5008 +1.57% 67 Cyclically Adjusted Book per Share is RM1.29 as of Mar. 2026. GuruFocus rates XKLS:5008 with a GF Score™ of 67/100 and a GF Value™ of RM1.63 (Modestly Undervalued). 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.

Harrisons Holdings (Malaysia) Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.438. 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 RM1.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Harrisons Holdings (Malaysia) Bhd's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Harrisons Holdings (Malaysia) Bhd was 6.60% per year. The lowest was 4.90% per year. And the median was 5.60% per year.

As of today (2026-07-07), Harrisons Holdings (Malaysia) Bhd's current stock price is RM1.29. Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.29. Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Harrisons Holdings (Malaysia) Bhd was 1.80. The lowest was 0.75. And the median was 1.08.


Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.

Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.29/1.29
=1.00

* 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 Harrisons Holdings (Malaysia) Bhd was 1.80. The lowest was 0.75. And the median was 1.08.


Be Aware

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


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Book per Share Related Terms


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Harrisons Holdings (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.

Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted Book per Share Chart

Harrisons Holdings (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 1.02 1.09 1.14 1.20 1.26

Harrisons Holdings (Malaysia) 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 1.22 1.24 1.25 1.26 1.29

XKLS:5008 vs GWW, FAST, FERG: Cyclically Adjusted Book per Share Comparison

For the Industrial Distribution subindustry, Harrisons Holdings (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.


Harrisons Holdings (Malaysia) Bhd Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5008
67GF Score
Harrisons Holdings (Malaysia) Bhd XKLS:5008
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Harrisons Holdings (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, Harrisons Holdings (Malaysia) 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)
=1.438/330.2130*330.2130
=1.438

Current CPI (Mar. 2026) = 330.2130.

Harrisons Holdings (Malaysia) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.880 241.018 1.206
201609 0.866 241.428 1.184
201612 0.877 241.432 1.199
201703 0.897 243.801 1.215
201706 0.915 244.955 1.233
201709 0.879 246.819 1.176
201712 0.891 246.524 1.193
201803 0.908 249.554 1.201
201806 0.924 251.989 1.211
201809 0.909 252.439 1.189
201812 0.898 251.233 1.180
201903 0.914 254.202 1.187
201906 0.934 256.143 1.204
201909 0.914 256.759 1.175
201912 0.928 256.974 1.192
202003 0.942 258.115 1.205
202006 0.962 257.797 1.232
202009 0.949 260.280 1.204
202012 0.974 260.474 1.235
202103 1.004 264.877 1.252
202106 1.034 271.696 1.257
202109 1.037 274.310 1.248
202112 1.074 278.802 1.272
202203 1.113 287.504 1.278
202206 1.163 296.311 1.296
202209 1.153 296.808 1.283
202212 1.212 296.797 1.348
202303 1.260 301.836 1.378
202306 1.319 305.109 1.428
202309 1.257 307.789 1.349
202312 1.313 306.746 1.413
202403 1.358 312.332 1.436
202406 1.393 314.175 1.464
202409 1.314 315.301 1.376
202412 1.338 315.605 1.400
202503 1.378 319.799 1.423
202506 1.407 322.561 1.440
202509 1.372 324.800 1.395
202512 1.398 324.054 1.425
202603 1.438 330.213 1.438

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 RM1.29 mean?
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Cyclically Adjusted Book per Share of RM1.29 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 Harrisons Holdings (Malaysia) Bhd and its competitors.
Is Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Book per Share too high?
Harrisons Holdings (Malaysia) Bhd's current Cyclically Adjusted Book per Share is RM1.29. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Book per Share compare to GWW and FAST?
Harrisons Holdings (Malaysia) Bhd's Cyclically Adjusted Book per Share of RM1.29 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Cyclically Adjusted Book per Share depends on the Industrial Distribution 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 Harrisons Holdings (Malaysia) Bhd and its competitors. Harrisons Holdings (Malaysia) Bhd's current Cyclically Adjusted Book per Share is RM1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.29 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.29. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 67/100 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Cyclically Adjusted Book per Share is RM1.29 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued. The current stock price of RM1.29 is trading 20.9% below its estimated GF Value™ of RM1.63. GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5008:

  • Cyclically Adjusted Book per Share: RM1.29
  • GF Value™: RM1.63 vs. price of RM1.29 (20.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harrisons Holdings (Malaysia) Bhd Business Description

Address 10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
67GF Score

Get the complete analysis for XKLS:5008

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

RM1.29
Price
RM1.63
GF Value