Sime Darby Property Bhd (XKLS:5288) Cyclically Adjusted Book per Share: RM1.63 (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:5288 Sime Darby Property Bhd XKLS:5288
83 GF Score
Price RM1.37
GF Value RM1.42
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sime Darby Property Bhd Cyclically Adjusted Book per Share?

Sime Darby Property Bhd XKLS:5288 +0.74% 83 Cyclically Adjusted Book per Share is RM1.63 as of Mar. 2026. GuruFocus rates XKLS:5288 with a GF Score™ of 83/100 and a GF Value™ of RM1.42 (Fairly Valued). 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.

Sime Darby Property Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.551. 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 RM1.63 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-14), Sime Darby Property Bhd's current stock price is RM1.37. Sime Darby Property Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.63. Sime Darby Property Bhd's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Sime Darby Property Bhd was 0.96. The lowest was 0.79. And the median was 0.88.


Sime Darby Property Bhd  (XKLS:5288) 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.

Sime Darby Property Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.37/1.63
=0.84

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Sime Darby Property Bhd was 0.96. The lowest was 0.79. 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.


Sime Darby Property Bhd Cyclically Adjusted Book per Share Related Terms


Sime Darby Property Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sime Darby Property 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.

Sime Darby Property Bhd Cyclically Adjusted Book per Share Chart

Sime Darby Property Bhd Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.58

Sime Darby Property 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 0.00 0.00 1.59 1.58 1.63

Sime Darby Property Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Sime Darby Property 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.


Sime Darby Property Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Sime Darby Property Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5288
83GF Score
Sime Darby Property Bhd XKLS:5288
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sime Darby Property 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, Sime Darby Property 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)
=1.551/330.2130*330.2130
=1.551

Current CPI (Mar. 2026) = 330.2130.

Sime Darby Property Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.783 241.018 1.073
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.930 244.955 1.254
201709 1.019 246.819 1.363
201712 1.434 246.524 1.921
201803 1.399 249.554 1.851
201806 1.429 251.989 1.873
201809 1.416 252.439 1.852
201812 1.354 251.233 1.780
201903 1.390 254.202 1.806
201906 1.413 256.143 1.822
201909 1.397 256.759 1.797
201912 1.420 256.974 1.825
202003 1.409 258.115 1.803
202006 1.393 257.797 1.784
202009 1.346 260.280 1.708
202012 1.364 260.474 1.729
202103 1.347 264.877 1.679
202106 1.352 271.696 1.643
202109 1.334 274.310 1.606
202112 1.384 278.802 1.639
202203 1.388 287.504 1.594
202206 1.380 296.311 1.538
202209 1.358 296.808 1.511
202212 1.400 296.797 1.558
202303 1.407 301.836 1.539
202306 1.447 305.109 1.566
202309 1.448 307.789 1.553
202312 1.479 306.746 1.592
202403 1.488 312.332 1.573
202406 1.511 314.175 1.588
202409 1.485 315.301 1.555
202412 1.509 315.605 1.579
202503 1.518 319.799 1.567
202506 1.543 322.561 1.580
202509 1.545 324.800 1.571
202512 1.551 324.054 1.580
202603 1.551 330.213 1.551

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 RM1.63 mean?
Sime Darby Property Bhd (XKLS:5288) has a Cyclically Adjusted Book per Share of RM1.63 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 Sime Darby Property Bhd and its competitors.
Is Sime Darby Property Bhd's Cyclically Adjusted Book per Share too high?
Sime Darby Property Bhd's current Cyclically Adjusted Book per Share is RM1.63. Overall, Sime Darby Property Bhd has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sime Darby Property Bhd's Cyclically Adjusted Book per Share compare to competitors?
Sime Darby Property Bhd's Cyclically Adjusted Book per Share of RM1.63 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 Sime Darby Property Bhd and its competitors. Sime Darby Property Bhd's current Cyclically Adjusted Book per Share is RM1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sime Darby Property Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sime Darby Property Bhd (XKLS:5288) is currently considered Fairly Valued. The stock's GF Value™ is RM1.42, compared to a current price of RM1.37 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.63. Sime Darby Property Bhd's overall GF Score™ is 83/100 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 Sime Darby Property Bhd (XKLS:5288), the current Cyclically Adjusted Book per Share is RM1.63 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 Sime Darby Property Bhd (XKLS:5288) Overvalued in 2026?

Based on GuruFocus' analysis, Sime Darby Property Bhd stock appears to be undervalued. The current stock price of RM1.37 is trading 3.5% below its estimated GF Value™ of RM1.42. GuruFocus considers Sime Darby Property Bhd to be Fairly Valued.

Key valuation signals for XKLS:5288:

  • Cyclically Adjusted Book per Share: RM1.63
  • GF Value™: RM1.42 vs. price of RM1.37 (3.5% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sime Darby Property Bhd Business Description

Address No. 2, Jalan PJU 1A/7A, Ara Damansara, PJU 1A, Level 10, Block G, Petaling Jaya, SGR, MYS, 47301
Sime Darby Property Bhd is a property development company. It is engaged in property investment, asset management, hospitality, and leisure activities. The company's townships include USJ Heights, East Residence, Putra Residence, Inspirasiku, Ara Damansara, PJ Midtown, KL East, and Chemara Hills, among others. The company's segment includes Property development, Investment and asset management, and Leisure. The firm generates the majority of its revenue from the Property development segment, which is engaged in residential, industrial, and commercial properties.
83GF Score

Get the complete analysis for XKLS:5288

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

RM1.37
Price
RM1.42
GF Value