Alam Maritim Resources Bhd (XKLS:5115) Cyclically Adjusted Book per Share: RM2.97 (As of Mar. 2026)


XKLS:5115 Alam Maritim Resources Bhd XKLS:5115
29 GF Score
Price RM0.28
GF Value RM0.17
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Alam Maritim Resources Bhd Cyclically Adjusted Book per Share?

Alam Maritim Resources Bhd XKLS:5115 29 Cyclically Adjusted Book per Share is RM2.97 as of Mar. 2026. GuruFocus rates XKLS:5115 with a GF Score™ of 29/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 2 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.

Alam Maritim Resources Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.241. 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 RM2.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alam Maritim Resources Bhd's average Cyclically Adjusted Book Growth Rate was -22.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.10% 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 Alam Maritim Resources Bhd was -7.60% per year. The lowest was -13.10% per year. And the median was -10.35% per year.

As of today (2026-07-05), Alam Maritim Resources Bhd's current stock price is RM0.28. Alam Maritim Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.97. Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alam Maritim Resources Bhd was 0.14. The lowest was 0.03. And the median was 0.05.


Alam Maritim Resources Bhd  (XKLS:5115) 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.

Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.28/2.97
=0.09

* 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 Alam Maritim Resources Bhd was 0.14. The lowest was 0.03. And the median was 0.05.


Be Aware

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


Alam Maritim Resources Bhd Cyclically Adjusted Book per Share Related Terms


Alam Maritim Resources Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alam Maritim Resources 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.

Alam Maritim Resources Bhd Cyclically Adjusted Book per Share Chart

Alam Maritim Resources Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.71 5.51 5.16 4.50 3.62

Alam Maritim Resources Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 3.83 3.62 3.41 3.16 2.97

XKLS:5115 vs SLB, BKR, HAL: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.


Alam Maritim Resources Bhd Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alam Maritim Resources Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5115
29GF Score
Alam Maritim Resources Bhd XKLS:5115
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alam Maritim Resources 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, Alam Maritim Resources 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)
=0.241/330.2130*330.2130
=0.241

Current CPI (Mar. 2026) = 330.2130.

Alam Maritim Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 7.135 238.132 9.894
201606 7.197 241.018 9.860
201609 7.180 241.428 9.820
201612 6.175 241.432 8.446
201703 6.068 243.801 8.219
201706 6.076 244.955 8.191
201709 6.006 246.819 8.035
201712 4.969 246.524 6.656
201803 4.865 249.554 6.437
201806 4.785 251.989 6.270
201809 4.608 252.439 6.028
201812 3.344 251.233 4.395
201903 3.240 254.202 4.209
201906 3.199 256.143 4.124
201909 3.132 256.759 4.028
201912 2.462 256.974 3.164
202003 2.206 258.115 2.822
202006 1.962 257.797 2.513
202009 1.878 260.280 2.383
202012 1.343 260.474 1.703
202103 1.256 264.877 1.566
202106 1.193 271.696 1.450
202109 1.094 274.310 1.317
202112 0.465 278.802 0.551
202203 0.411 287.504 0.472
202209 -0.353 296.808 -0.393
202212 -0.305 296.797 -0.339
202303 -0.364 301.836 -0.398
202306 -0.705 305.109 -0.763
202309 -0.252 307.789 -0.270
202312 -0.239 306.746 -0.257
202403 -0.146 312.332 -0.154
202406 -0.439 314.175 -0.461
202409 -0.089 315.301 -0.093
202412 -0.470 315.605 -0.492
202503 -0.366 319.799 -0.378
202506 -0.280 322.561 -0.287
202509 0.188 324.800 0.191
202512 0.230 324.054 0.234
202603 0.241 330.213 0.241

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 RM2.97 mean?
Alam Maritim Resources Bhd (XKLS:5115) has a Cyclically Adjusted Book per Share of RM2.97 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 Alam Maritim Resources Bhd and its competitors.
Is Alam Maritim Resources Bhd's Cyclically Adjusted Book per Share too high?
Alam Maritim Resources Bhd's current Cyclically Adjusted Book per Share is RM2.97. Overall, Alam Maritim Resources Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alam Maritim Resources Bhd's Cyclically Adjusted Book per Share compare to SLB and BKR?
Alam Maritim Resources Bhd's Cyclically Adjusted Book per Share of RM2.97 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Alam Maritim Resources Bhd and its competitors. Alam Maritim Resources Bhd's current Cyclically Adjusted Book per Share is RM2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alam Maritim Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd (XKLS:5115) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.28 — trading 64.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM2.97. Alam Maritim Resources Bhd's overall GF Score™ is 29/100 with 2 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 Alam Maritim Resources Bhd (XKLS:5115), the current Cyclically Adjusted Book per Share is RM2.97 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 Alam Maritim Resources Bhd (XKLS:5115) Overvalued in 2026?

Based on GuruFocus' analysis, Alam Maritim Resources Bhd stock appears to be overvalued. The current stock price of RM0.28 is trading 64.7% above its estimated GF Value™ of RM0.17. GuruFocus considers Alam Maritim Resources Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5115:

  • Cyclically Adjusted Book per Share: RM2.97
  • GF Value™: RM0.17 vs. price of RM0.28 (64.7% above fair value)
  • GF Score™: 29/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alam Maritim Resources Bhd Business Description

Industry EnergyOil & Gas
Address No. 38th Floor, Level 3, Jalan Radin Anum, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Alam Maritim Resources Bhd is an first-tier service provider to the Malaysian oil and gas industry. The company's activities include offshore facilities construction and installation services, such as marine construction-related services; subsea engineering services and offshore pipeline construction-related services, as well as designing, manufacturing and operating of remotely operated vehicles. Its segments include Offshore support vessels which provides vessels for charter hire, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and to support the repair and maintenance services for the oil and gas industry; and Subsea services which provides vessel, subsea-related equipment and subsea services.
29GF Score

Get the complete analysis for XKLS:5115

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

RM0.28
Price
RM0.17
GF Value