Sarawak Plantation Bhd (XKLS:5135) Cyclically Adjusted Book per Share: RM2.82 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5135 Sarawak Plantation Bhd XKLS:5135
65 GF Score
Price RM4.30
GF Value RM2.25
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sarawak Plantation Bhd Cyclically Adjusted Book per Share?

Sarawak Plantation Bhd XKLS:5135 -0.92% 65 Cyclically Adjusted Book per Share is RM2.82 as of Mar. 2026. GuruFocus rates XKLS:5135 with a GF Score™ of 65/100 and a GF Value™ of RM2.25 (Significantly Overvalued). The stock has 6 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.

Sarawak Plantation Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM3.005. 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 RM2.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sarawak Plantation Bhd's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Sarawak Plantation Bhd was 5.50% per year. The lowest was 2.80% per year. And the median was 4.00% per year.

As of today (2026-07-18), Sarawak Plantation Bhd's current stock price is RM4.30. Sarawak Plantation Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.82. Sarawak Plantation Bhd's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sarawak Plantation Bhd was 1.42. The lowest was 0.70. And the median was 0.88.


Sarawak Plantation Bhd  (XKLS:5135) 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.

Sarawak Plantation Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.30/2.82
=1.52

* 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 Sarawak Plantation Bhd was 1.42. The lowest was 0.70. And the median was 0.88.


Be Aware

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


Sarawak Plantation Bhd Cyclically Adjusted Book per Share Related Terms


Sarawak Plantation Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sarawak Plantation 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.

Sarawak Plantation Bhd Cyclically Adjusted Book per Share Chart

Sarawak Plantation 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 2.40 2.55 2.63 2.70 2.77

Sarawak Plantation 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 2.73 2.76 2.78 2.77 2.82

XKLS:5135 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Sarawak Plantation 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.


Sarawak Plantation Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:5135
65GF Score
Sarawak Plantation Bhd XKLS:5135
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sarawak Plantation 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, Sarawak Plantation 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)
=3.005/330.2130*330.2130
=3.005

Current CPI (Mar. 2026) = 330.2130.

Sarawak Plantation Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.218 241.018 3.039
201609 2.262 241.428 3.094
201612 1.940 241.432 2.653
201703 2.332 243.801 3.159
201706 2.362 244.955 3.184
201709 2.385 246.819 3.191
201712 1.963 246.524 2.629
201803 1.957 249.554 2.590
201806 1.916 251.989 2.511
201809 1.949 252.439 2.549
201812 1.953 251.233 2.567
201903 1.970 254.202 2.559
201906 1.929 256.143 2.487
201909 1.947 256.759 2.504
201912 1.978 256.974 2.542
202003 1.999 258.115 2.557
202006 2.019 257.797 2.586
202009 2.089 260.280 2.650
202012 2.097 260.474 2.658
202103 2.182 264.877 2.720
202106 2.237 271.696 2.719
202109 2.388 274.310 2.875
202112 2.405 278.802 2.848
202203 2.510 287.504 2.883
202206 2.568 296.311 2.862
202209 2.633 296.808 2.929
202212 2.552 296.797 2.839
202303 2.595 301.836 2.839
202306 2.604 305.109 2.818
202309 2.701 307.789 2.898
202312 2.683 306.746 2.888
202403 2.751 312.332 2.908
202406 2.793 314.175 2.936
202409 2.885 315.301 3.021
202412 2.793 315.605 2.922
202503 2.874 319.799 2.968
202506 2.920 322.561 2.989
202509 3.032 324.800 3.083
202512 2.972 324.054 3.028
202603 3.005 330.213 3.005

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 RM2.82 mean?
Sarawak Plantation Bhd (XKLS:5135) has a Cyclically Adjusted Book per Share of RM2.82 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 Sarawak Plantation Bhd and its competitors.
Is Sarawak Plantation Bhd's Cyclically Adjusted Book per Share too high?
Sarawak Plantation Bhd's current Cyclically Adjusted Book per Share is RM2.82. Overall, Sarawak Plantation 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 Sarawak Plantation Bhd's Cyclically Adjusted Book per Share compare to ADM and BG?
Sarawak Plantation Bhd's Cyclically Adjusted Book per Share of RM2.82 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 Sarawak Plantation Bhd and its competitors. Sarawak Plantation Bhd's current Cyclically Adjusted Book per Share is RM2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarawak Plantation Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sarawak Plantation Bhd (XKLS:5135) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.25, compared to a current price of RM4.30 — trading 91.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM2.82. Sarawak Plantation Bhd's overall GF Score™ is 65/100 with 6 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 Sarawak Plantation Bhd (XKLS:5135), the current Cyclically Adjusted Book per Share is RM2.82 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 Sarawak Plantation Bhd (XKLS:5135) Overvalued in 2026?

Based on GuruFocus' analysis, Sarawak Plantation Bhd stock appears to be overvalued. The current stock price of RM4.30 is trading 91.1% above its estimated GF Value™ of RM2.25. GuruFocus considers Sarawak Plantation Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5135:

  • Cyclically Adjusted Book per Share: RM2.82
  • GF Value™: RM2.25 vs. price of RM4.30 (91.1% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sarawak Plantation Bhd Business Description

Address Jalan Permaisuri, Lot 1174, Block 9, Wisma SPB, MCLD Miri Waterfront, Miri, SWK, MYS, 98000
Sarawak Plantation Bhd is an investment holding company. Along with its subsidiaries, it is engaged in the cultivation of oil palm and processing of fresh fruit bunches of oil palm into crude palm oil and palm kernel. Other businesses include the provision of management, marketing, agronomic, and consultancy services, and property investment. The company has three reportable segments: Investment holding, Oil palm operations, and Agronomic/ marketing services and rental. It generates a majority of its revenue from Oil palm operations that include 2 divisions, namely estate operation (Cultivation of oil palm) and mill operation (processing of fresh fruit bunches.
65GF Score

Get the complete analysis for XKLS:5135

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

RM4.30
Price
RM2.25
GF Value