AYS Ventures Bhd (XKLS:5021) Cyclically Adjusted Book per Share: RM1.00 (As of Mar. 2026)

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XKLS:5021 AYS Ventures Bhd XKLS:5021
31 GF Score
Price RM0.22
GF Value RM0.27
Valuation Modestly Undervalued
! 8 Warning Signs
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What is AYS Ventures Bhd Cyclically Adjusted Book per Share?

AYS Ventures Bhd XKLS:5021 31 Cyclically Adjusted Book per Share is RM1.00 as of Mar. 2026. GuruFocus rates XKLS:5021 with a GF Score™ of 31/100 and a GF Value™ of RM0.27 (Modestly Undervalued). The stock has 8 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.

AYS Ventures Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.098. 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 RM1.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AYS Ventures Bhd's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 AYS Ventures Bhd was 8.80% per year. The lowest was 1.20% per year. And the median was 6.80% per year.

As of today (2026-07-20), AYS Ventures Bhd's current stock price is RM0.215. AYS Ventures Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.00. AYS Ventures Bhd's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AYS Ventures Bhd was 1.09. The lowest was 0.21. And the median was 0.45.


AYS Ventures Bhd  (XKLS:5021) 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.

AYS Ventures Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.215/1.00
=0.22

* 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 AYS Ventures Bhd was 1.09. The lowest was 0.21. And the median was 0.45.


Be Aware

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


AYS Ventures Bhd Cyclically Adjusted Book per Share Related Terms


AYS Ventures Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AYS Ventures 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.

AYS Ventures Bhd Cyclically Adjusted Book per Share Chart

AYS Ventures Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.82 0.88 0.94 1.00

AYS Ventures 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 0.94 0.95 0.97 0.97 1.00

XKLS:5021 vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, AYS Ventures 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.


AYS Ventures Bhd Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, AYS Ventures Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5021
31GF Score
AYS Ventures Bhd XKLS:5021
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AYS Ventures 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, AYS Ventures 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)
=1.098/330.2130*330.2130
=1.098

Current CPI (Mar. 2026) = 330.2130.

AYS Ventures Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.593 241.018 0.812
201609 0.607 241.428 0.830
201612 0.607 241.432 0.830
201703 0.623 243.801 0.844
201706 0.639 244.955 0.861
201709 0.646 246.819 0.864
201712 0.667 246.524 0.893
201803 0.688 249.554 0.910
201806 0.704 251.989 0.923
201809 0.713 252.439 0.933
201812 0.719 251.233 0.945
201903 0.719 254.202 0.934
201906 0.722 256.143 0.931
201909 0.711 256.759 0.914
201912 0.689 256.974 0.885
202003 0.680 258.115 0.870
202006 0.662 257.797 0.848
202009 0.662 260.280 0.840
202012 0.685 260.474 0.868
202103 0.729 264.877 0.909
202106 0.815 271.696 0.991
202109 0.880 274.310 1.059
202112 0.904 278.802 1.071
202203 0.944 287.504 1.084
202206 0.998 296.311 1.112
202209 1.019 296.808 1.134
202212 0.999 296.797 1.111
202303 1.060 301.836 1.160
202306 1.083 305.109 1.172
202309 1.090 307.789 1.169
202312 1.084 306.746 1.167
202403 1.097 312.332 1.160
202406 1.082 314.175 1.137
202409 1.063 315.301 1.113
202412 1.054 315.605 1.103
202503 1.069 319.799 1.104
202506 1.073 322.561 1.098
202509 1.052 324.800 1.070
202512 1.056 324.054 1.076
202603 1.098 330.213 1.098

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 RM1.00 mean?
AYS Ventures Bhd (XKLS:5021) has a Cyclically Adjusted Book per Share of RM1.00 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 AYS Ventures Bhd and its competitors.
Is AYS Ventures Bhd's Cyclically Adjusted Book per Share too high?
AYS Ventures Bhd's current Cyclically Adjusted Book per Share is RM1.00. Overall, AYS Ventures Bhd has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AYS Ventures Bhd's Cyclically Adjusted Book per Share compare to NUE and STLD?
AYS Ventures Bhd's Cyclically Adjusted Book per Share of RM1.00 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 AYS Ventures Bhd and its competitors. AYS Ventures Bhd's current Cyclically Adjusted Book per Share is RM1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYS Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYS Ventures Bhd (XKLS:5021) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.22 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.00. AYS Ventures Bhd's overall GF Score™ is 31/100 with 8 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 AYS Ventures Bhd (XKLS:5021), the current Cyclically Adjusted Book per Share is RM1.00 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 AYS Ventures Bhd (XKLS:5021) Overvalued in 2026?

Based on GuruFocus' analysis, AYS Ventures Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 20.4% below its estimated GF Value™ of RM0.27. GuruFocus considers AYS Ventures Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5021:

  • Cyclically Adjusted Book per Share: RM1.00
  • GF Value™: RM0.27 vs. price of RM0.22 (20.4% below fair value)
  • GF Score™: 31/100 with 8 warning signs

No single metric tells the full story. See the XKLS:5021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AYS Ventures Bhd Business Description

Address Jalan Haji Abdul Manan, Lot 6488, Klang, SGR, MYS, 42100
AYS Ventures Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the trading and manufacturing of steel, construction, and related products. The group's operating business segments are Trading and services, Manufacturing, and Others. The majority of its revenue is generated from the Trading and services segment, which is engaged in trading and marketing of steel products and all types of construction materials, warehousing, and storage services. The Manufacturing segment is involved in the manufacturing and trading of purlin, structural steel components, and other steel products. Geographically, the group generates maximum revenue from Malaysia, followed by Singapore, the Asia-Pacific Economic Cooperation countries, and other countries.
31GF Score

Get the complete analysis for XKLS:5021

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

RM0.22
Price
RM0.27
GF Value