KSL Holdings Bhd (XKLS:5038) Cyclically Adjusted Book per Share: RM3.70 (As of Mar. 2026)

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XKLS:5038 KSL Holdings Bhd XKLS:5038
65 GF Score
Price RM2.92
GF Value RM2.16
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is KSL Holdings Bhd Cyclically Adjusted Book per Share?

KSL Holdings Bhd XKLS:5038 -0.34% 65 Cyclically Adjusted Book per Share is RM3.70 as of Mar. 2026. GuruFocus rates XKLS:5038 with a GF Score™ of 65/100 and a GF Value™ of RM2.16 (Significantly Overvalued). The stock has 5 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.

KSL Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM4.439. 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 RM3.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KSL Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 KSL Holdings Bhd was 11.60% per year. The lowest was 7.50% per year. And the median was 9.20% per year.

As of today (2026-07-19), KSL Holdings Bhd's current stock price is RM2.92. KSL Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM3.70. KSL Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KSL Holdings Bhd was 0.96. The lowest was 0.21. And the median was 0.31.


KSL Holdings Bhd  (XKLS:5038) 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.

KSL Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.92/3.70
=0.79

* 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 KSL Holdings Bhd was 0.96. The lowest was 0.21. And the median was 0.31.


Be Aware

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


KSL Holdings Bhd Cyclically Adjusted Book per Share Related Terms


KSL Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for KSL Holdings 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.

KSL Holdings Bhd Cyclically Adjusted Book per Share Chart

KSL Holdings 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 2.58 2.89 3.13 3.36 3.59

KSL Holdings 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 3.44 3.50 3.56 3.59 3.70

KSL Holdings Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, KSL Holdings 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.


KSL Holdings Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KSL Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5038
65GF Score
KSL Holdings Bhd XKLS:5038
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSL Holdings 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, KSL Holdings 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)
=4.439/330.2130*330.2130
=4.439

Current CPI (Mar. 2026) = 330.2130.

KSL Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.115 241.018 2.898
201609 2.125 241.428 2.906
201612 2.312 241.432 3.162
201703 2.337 243.801 3.165
201706 2.378 244.955 3.206
201709 2.413 246.819 3.228
201712 2.536 246.524 3.397
201803 2.578 249.554 3.411
201806 2.593 251.989 3.398
201809 2.646 252.439 3.461
201812 2.768 251.233 3.638
201903 2.796 254.202 3.632
201906 2.863 256.143 3.691
201909 2.910 256.759 3.742
201912 3.013 256.974 3.872
202003 3.024 258.115 3.869
202006 3.021 257.797 3.870
202009 3.027 260.280 3.840
202012 2.951 260.474 3.741
202103 2.968 264.877 3.700
202106 3.001 271.696 3.647
202109 3.010 274.310 3.623
202112 3.063 278.802 3.628
202203 3.075 287.504 3.532
202206 3.129 296.311 3.487
202209 3.187 296.808 3.546
202212 3.240 296.797 3.605
202303 3.329 301.836 3.642
202306 3.437 305.109 3.720
202309 3.520 307.789 3.776
202312 3.650 306.746 3.929
202403 3.749 312.332 3.964
202406 3.862 314.175 4.059
202409 3.961 315.301 4.148
202412 4.114 315.605 4.304
202503 4.166 319.799 4.302
202506 3.977 322.561 4.071
202509 4.143 324.800 4.212
202512 4.378 324.054 4.461
202603 4.439 330.213 4.439

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 RM3.70 mean?
KSL Holdings Bhd (XKLS:5038) has a Cyclically Adjusted Book per Share of RM3.70 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 KSL Holdings Bhd and its competitors.
Is KSL Holdings Bhd's Cyclically Adjusted Book per Share too high?
KSL Holdings Bhd's current Cyclically Adjusted Book per Share is RM3.70. Overall, KSL Holdings Bhd has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSL Holdings Bhd's Cyclically Adjusted Book per Share compare to competitors?
KSL Holdings Bhd's Cyclically Adjusted Book per Share of RM3.70 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 KSL Holdings Bhd and its competitors. KSL Holdings Bhd's current Cyclically Adjusted Book per Share is RM3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSL Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, KSL Holdings Bhd (XKLS:5038) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.16, compared to a current price of RM2.92 — trading 35.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM3.70. KSL Holdings Bhd's overall GF Score™ is 65/100 with 5 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 KSL Holdings Bhd (XKLS:5038), the current Cyclically Adjusted Book per Share is RM3.70 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 KSL Holdings Bhd (XKLS:5038) Overvalued in 2026?

Based on GuruFocus' analysis, KSL Holdings Bhd stock appears to be overvalued. The current stock price of RM2.92 is trading 35.2% above its estimated GF Value™ of RM2.16. GuruFocus considers KSL Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5038:

  • Cyclically Adjusted Book per Share: RM3.70
  • GF Value™: RM2.16 vs. price of RM2.92 (35.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KSL Holdings Bhd Business Description

Address Wisma KSL, No. 148, Batu 1 1/2, Jalan Buloh Kasap, Segamat, JHR, MYS, 85000
KSL Holdings Bhd is a holding company. It is engaged in real estate services. The company has four reportable segments: Property development, Property investment, Investment holding, and Car park operation. Property development includes the development of residential and commercial properties; Property investment includes an investment in real properties and hotels; Investment holding includes the provision of management services to the subsidiaries, and Car park operation includes car park management services. KSL derives the majority of its revenue from Property development.
65GF Score

Get the complete analysis for XKLS:5038

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

RM2.92
Price
RM2.16
GF Value