Shin Yang Group Bhd (XKLS:5173) Cyclically Adjusted Book per Share: RM1.18 (As of Mar. 2026)


XKLS:5173 Shin Yang Group Bhd XKLS:5173
69 GF Score
Price RM0.77
GF Value RM1.43
Valuation Significantly Undervalued
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What is Shin Yang Group Bhd Cyclically Adjusted Book per Share?

Shin Yang Group Bhd XKLS:5173 +1.32% 69 Cyclically Adjusted Book per Share is RM1.18 as of Mar. 2026. GuruFocus rates XKLS:5173 with a GF Score™ of 69/100 and a GF Value™ of RM1.43 (Significantly Undervalued).

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.

Shin Yang Group Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.294. 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 RM1.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shin Yang Group Bhd's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Shin Yang Group Bhd was 1.50% per year. The lowest was 1.50% per year. And the median was 1.50% per year.

As of today (2026-07-06), Shin Yang Group Bhd's current stock price is RM0.765. Shin Yang Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.18. Shin Yang Group Bhd's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shin Yang Group Bhd was 0.88. The lowest was 0.14. And the median was 0.58.


Shin Yang Group Bhd  (XKLS:5173) 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.

Shin Yang Group Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.765/1.18
=0.65

* 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 Shin Yang Group Bhd was 0.88. The lowest was 0.14. And the median was 0.58.


Be Aware

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


Shin Yang Group Bhd Cyclically Adjusted Book per Share Related Terms


Shin Yang Group Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shin Yang Group 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.

Shin Yang Group Bhd Cyclically Adjusted Book per Share Chart

Shin Yang Group Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.08 1.12 1.11 1.13

Shin Yang Group 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 1.14 1.15 1.16 1.16 1.18

Shin Yang Group Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Shin Yang Group 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.


Shin Yang Group Bhd Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5173
69GF Score
Shin Yang Group Bhd XKLS:5173
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Yang Group 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, Shin Yang Group 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)
=1.294/330.2130*330.2130
=1.294

Current CPI (Mar. 2026) = 330.2130.

Shin Yang Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.959 241.018 1.314
201609 0.958 241.428 1.310
201612 0.960 241.432 1.313
201703 0.942 243.801 1.276
201706 0.964 244.955 1.300
201709 0.968 246.819 1.295
201712 0.975 246.524 1.306
201803 0.983 249.554 1.301
201806 0.993 251.989 1.301
201809 1.000 252.439 1.308
201812 0.996 251.233 1.309
201903 0.983 254.202 1.277
201906 0.911 256.143 1.174
201909 0.896 256.759 1.152
201912 0.876 256.974 1.126
202003 0.811 258.115 1.038
202006 0.780 257.797 0.999
202009 0.782 260.280 0.992
202012 0.786 260.474 0.996
202103 0.789 264.877 0.984
202106 0.795 271.696 0.966
202109 0.805 274.310 0.969
202112 0.819 278.802 0.970
202203 0.850 287.504 0.976
202206 0.925 296.311 1.031
202209 0.970 296.808 1.079
202212 0.991 296.797 1.103
202303 1.031 301.836 1.128
202306 1.075 305.109 1.163
202309 1.099 307.789 1.179
202312 1.086 306.746 1.169
202403 1.118 312.332 1.182
202406 1.145 314.175 1.203
202409 1.173 315.301 1.228
202412 1.182 315.605 1.237
202503 1.224 319.799 1.264
202506 1.263 322.561 1.293
202509 1.282 324.800 1.303
202512 1.265 324.054 1.289
202603 1.294 330.213 1.294

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 RM1.18 mean?
Shin Yang Group Bhd (XKLS:5173) has a Cyclically Adjusted Book per Share of RM1.18 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 Shin Yang Group Bhd and its competitors.
Is Shin Yang Group Bhd's Cyclically Adjusted Book per Share too high?
Shin Yang Group Bhd's current Cyclically Adjusted Book per Share is RM1.18. Overall, Shin Yang Group Bhd has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's Cyclically Adjusted Book per Share compare to competitors?
Shin Yang Group Bhd's Cyclically Adjusted Book per Share of RM1.18 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Shin Yang Group Bhd and its competitors. Shin Yang Group Bhd's current Cyclically Adjusted Book per Share is RM1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM0.77 — trading 46.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.18. Shin Yang Group Bhd's overall GF Score™ is 69/100. 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 Shin Yang Group Bhd (XKLS:5173), the current Cyclically Adjusted Book per Share is RM1.18 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued. The current stock price of RM0.77 is trading 46.5% below its estimated GF Value™ of RM1.43. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

  • Cyclically Adjusted Book per Share: RM1.18
  • GF Value™: RM1.43 vs. price of RM0.77 (46.5% below fair value)
  • GF Score™: 69/100

No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Yang Group Bhd Business Description

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
69GF Score

Get the complete analysis for XKLS:5173

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

RM0.77
Price
RM1.43
GF Value