Southern Acids (M) Bhd (XKLS:5134) Cyclically Adjusted Book per Share: RM5.81 (As of Mar. 2026)


XKLS:5134 Southern Acids (M) Bhd XKLS:5134
73 GF Score
Price RM3.10
GF Value RM2.89
Valuation Fairly Valued
! 3 Warning Signs
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What is Southern Acids (M) Bhd Cyclically Adjusted Book per Share?

Southern Acids (M) Bhd XKLS:5134 73 Cyclically Adjusted Book per Share is RM5.81 as of Mar. 2026. GuruFocus rates XKLS:5134 with a GF Score™ of 73/100 and a GF Value™ of RM2.89 (Fairly Valued). The stock has 3 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.

Southern Acids (M) Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM5.708. 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 RM5.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Southern Acids (M) Bhd's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Southern Acids (M) Bhd was 8.70% per year. The lowest was 4.80% per year. And the median was 7.30% per year.

As of today (2026-07-06), Southern Acids (M) Bhd's current stock price is RM3.10. Southern Acids (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM5.81. Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Southern Acids (M) Bhd was 0.98. The lowest was 0.51. And the median was 0.72.


Southern Acids (M) Bhd  (XKLS:5134) 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.

Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.10/5.81
=0.53

* 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 Southern Acids (M) Bhd was 0.98. The lowest was 0.51. And the median was 0.72.


Be Aware

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


Southern Acids (M) Bhd Cyclically Adjusted Book per Share Related Terms


Southern Acids (M) Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Southern Acids (M) 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.

Southern Acids (M) Bhd Cyclically Adjusted Book per Share Chart

Southern Acids (M) 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 4.68 5.05 5.35 5.57 5.81

Southern Acids (M) 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 5.57 5.63 5.69 5.68 5.81

XKLS:5134 vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Southern Acids (M) 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.


Southern Acids (M) Bhd Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5134
73GF Score
Southern Acids (M) Bhd XKLS:5134
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Acids (M) 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, Southern Acids (M) 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)
=5.708/330.2130*330.2130
=5.708

Current CPI (Mar. 2026) = 330.2130.

Southern Acids (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.797 241.018 5.202
201609 3.842 241.428 5.255
201612 3.979 241.432 5.442
201703 4.154 243.801 5.626
201706 4.228 244.955 5.700
201709 4.194 246.819 5.611
201712 4.226 246.524 5.661
201803 4.282 249.554 5.666
201806 4.304 251.989 5.640
201809 4.350 252.439 5.690
201812 4.429 251.233 5.821
201903 4.391 254.202 5.704
201906 4.480 256.143 5.776
201909 4.435 256.759 5.704
201912 4.492 256.974 5.772
202003 4.341 258.115 5.554
202006 4.583 257.797 5.870
202009 4.585 260.280 5.817
202012 4.620 260.474 5.857
202103 4.657 264.877 5.806
202106 4.813 271.696 5.850
202109 4.912 274.310 5.913
202112 5.097 278.802 6.037
202203 5.313 287.504 6.102
202206 5.411 296.311 6.030
202209 5.527 296.808 6.149
202212 5.522 296.797 6.144
202303 5.513 301.836 6.031
202306 5.657 305.109 6.122
202309 5.638 307.789 6.049
202312 5.578 306.746 6.005
202403 5.693 312.332 6.019
202406 5.642 314.175 5.930
202409 5.576 315.301 5.840
202412 5.746 315.605 6.012
202503 5.694 319.799 5.879
202506 5.635 322.561 5.769
202509 5.668 324.800 5.762
202512 5.589 324.054 5.695
202603 5.708 330.213 5.708

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 RM5.81 mean?
Southern Acids (M) Bhd (XKLS:5134) has a Cyclically Adjusted Book per Share of RM5.81 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 Southern Acids (M) Bhd and its competitors.
Is Southern Acids (M) Bhd's Cyclically Adjusted Book per Share too high?
Southern Acids (M) Bhd's current Cyclically Adjusted Book per Share is RM5.81. Overall, Southern Acids (M) Bhd has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southern Acids (M) Bhd's Cyclically Adjusted Book per Share compare to HON and MMM?
Southern Acids (M) Bhd's Cyclically Adjusted Book per Share of RM5.81 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Southern Acids (M) Bhd and its competitors. Southern Acids (M) Bhd's current Cyclically Adjusted Book per Share is RM5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Acids (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Acids (M) Bhd (XKLS:5134) is currently considered Fairly Valued. The stock's GF Value™ is RM2.89, compared to a current price of RM3.10 — trading 7.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM5.81. Southern Acids (M) Bhd's overall GF Score™ is 73/100 with 3 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 Southern Acids (M) Bhd (XKLS:5134), the current Cyclically Adjusted Book per Share is RM5.81 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 Southern Acids (M) Bhd (XKLS:5134) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Acids (M) Bhd stock appears to be overvalued. The current stock price of RM3.10 is trading 7.3% above its estimated GF Value™ of RM2.89. GuruFocus considers Southern Acids (M) Bhd to be Fairly Valued.

Key valuation signals for XKLS:5134:

  • Cyclically Adjusted Book per Share: RM5.81
  • GF Value™: RM2.89 vs. price of RM3.10 (7.3% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Acids (M) Bhd Business Description

Address No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300
Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.
73GF Score

Get the complete analysis for XKLS:5134

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

RM3.10
Price
RM2.89
GF Value