Hup Seng Industries Bhd (XKLS:5024) Cyclically Adjusted Book per Share: RM0.23 (As of Mar. 2026)


XKLS:5024 Hup Seng Industries Bhd XKLS:5024
96 GF Score
Price RM0.96
GF Value RM1.02
Valuation Fairly Valued
! 1 Warning Sign
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What is Hup Seng Industries Bhd Cyclically Adjusted Book per Share?

Hup Seng Industries Bhd XKLS:5024 96 Cyclically Adjusted Book per Share is RM0.23 as of Mar. 2026. GuruFocus rates XKLS:5024 with a GF Score™ of 96/100 and a GF Value™ of RM1.02 (Fairly Valued). The stock has 1 warning sign 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.

Hup Seng Industries Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.220. 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 RM0.23 for the trailing ten years ended in Mar. 2026.

During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Hup Seng Industries Bhd was 3.10% per year. The lowest was 0.00% per year. And the median was 2.30% per year.

As of today (2026-07-06), Hup Seng Industries Bhd's current stock price is RM0.955. Hup Seng Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.23. Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio of today is 4.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hup Seng Industries Bhd was 5.74. The lowest was 2.65. And the median was 4.30.


Hup Seng Industries Bhd  (XKLS:5024) 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.

Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.955/0.23
=4.15

* 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 Hup Seng Industries Bhd was 5.74. The lowest was 2.65. And the median was 4.30.


Be Aware

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


Hup Seng Industries Bhd Cyclically Adjusted Book per Share Related Terms


Hup Seng Industries Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hup Seng 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.

Hup Seng Industries Bhd Cyclically Adjusted Book per Share Chart

Hup Seng Industries 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 0.22 0.23 0.23 0.23 0.23

Hup Seng Industries 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 0.23 0.23 0.23 0.23 0.23

XKLS:5024 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Hup Seng 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.


Hup Seng Industries Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:5024
96GF Score
Hup Seng Industries Bhd XKLS:5024
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Hup Seng 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, Hup Seng 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)
=0.22/330.2130*330.2130
=0.220

Current CPI (Mar. 2026) = 330.2130.

Hup Seng Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.217 241.018 0.297
201609 0.210 241.428 0.287
201612 0.229 241.432 0.313
201703 0.203 243.801 0.275
201706 0.215 244.955 0.290
201709 0.206 246.819 0.276
201712 0.204 246.524 0.273
201803 0.198 249.554 0.262
201806 0.209 251.989 0.274
201809 0.202 252.439 0.264
201812 0.196 251.233 0.258
201903 0.190 254.202 0.247
201906 0.202 256.143 0.260
201909 0.194 256.759 0.249
201912 0.184 256.974 0.236
202003 0.182 258.115 0.233
202006 0.193 257.797 0.247
202009 0.182 260.280 0.231
202012 0.175 260.474 0.222
202103 0.167 264.877 0.208
202106 0.172 271.696 0.209
202109 0.162 274.310 0.195
202112 0.174 278.802 0.206
202203 0.172 287.504 0.198
202206 0.176 296.311 0.196
202209 0.171 296.808 0.190
202212 0.176 296.797 0.196
202303 0.178 301.836 0.195
202306 0.179 305.109 0.194
202309 0.186 307.789 0.200
202312 0.203 306.746 0.219
202403 0.200 312.332 0.211
202406 0.211 314.175 0.222
202409 0.213 315.301 0.223
202412 0.205 315.605 0.214
202503 0.198 319.799 0.204
202506 0.209 322.561 0.214
202509 0.208 324.800 0.211
202512 0.207 324.054 0.211
202603 0.220 330.213 0.220

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 RM0.23 mean?
Hup Seng Industries Bhd (XKLS:5024) has a Cyclically Adjusted Book per Share of RM0.23 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 Hup Seng Industries Bhd and its competitors.
Is Hup Seng Industries Bhd's Cyclically Adjusted Book per Share too high?
Hup Seng Industries Bhd's current Cyclically Adjusted Book per Share is RM0.23. Overall, Hup Seng Industries Bhd has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hup Seng Industries Bhd's Cyclically Adjusted Book per Share compare to KHC and GIS?
Hup Seng Industries Bhd's Cyclically Adjusted Book per Share of RM0.23 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 Hup Seng Industries Bhd and its competitors. Hup Seng Industries Bhd's current Cyclically Adjusted Book per Share is RM0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hup Seng Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hup Seng Industries Bhd (XKLS:5024) is currently considered Fairly Valued. The stock's GF Value™ is RM1.02, compared to a current price of RM0.96 — trading 6.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.23. Hup Seng Industries Bhd's overall GF Score™ is 96/100 with 1 warning sign 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 Hup Seng Industries Bhd (XKLS:5024), the current Cyclically Adjusted Book per Share is RM0.23 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 Hup Seng Industries Bhd (XKLS:5024) Overvalued in 2026?

Based on GuruFocus' analysis, Hup Seng Industries Bhd stock appears to be undervalued. The current stock price of RM0.96 is trading 6.4% below its estimated GF Value™ of RM1.02. GuruFocus considers Hup Seng Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:5024:

  • Cyclically Adjusted Book per Share: RM0.23
  • GF Value™: RM1.02 vs. price of RM0.96 (6.4% below fair value)
  • GF Score™: 96/100 with 1 warning sign

No single metric tells the full story. See the XKLS:5024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hup Seng Industries Bhd Business Description

Address 14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010
Hup Seng Industries Bhd is engaged in the business of manufacture and sales of biscuits and coffee mix, and dealers in biscuits, confectionery and other foodstuff. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. Its Biscuit manufacturing segment manufactures and sells biscuits. The beverage manufacturing segment consists of wholesale coffee mix and all kinds of foodstuffs. Its Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwiches, and many more. Instant Coffeemix, Teas and Cereals, Rice crackers, and other products.
96GF Score

Get the complete analysis for XKLS:5024

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

RM0.96
Price
RM1.02
GF Value