DKSH Holdings Malaysia Bhd (XKLS:5908) Cyclically Adjusted Book per Share: RM5.53 (As of Mar. 2026)

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XKLS:5908 DKSH Holdings Malaysia Bhd XKLS:5908
89 GF Score
Price RM6.14
GF Value RM5.71
Valuation Fairly Valued
! 4 Warning Signs
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What is DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share?

DKSH Holdings Malaysia Bhd XKLS:5908 -0.16% 89 Cyclically Adjusted Book per Share is RM5.53 as of Mar. 2026. GuruFocus rates XKLS:5908 with a GF Score™ of 89/100 and a GF Value™ of RM5.71 (Fairly Valued). The stock has 4 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.

DKSH Holdings Malaysia Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM7.377. 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 RM5.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DKSH Holdings Malaysia Bhd's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 DKSH Holdings Malaysia Bhd was 13.80% per year. The lowest was 8.30% per year. And the median was 10.60% per year.

As of today (2026-07-16), DKSH Holdings Malaysia Bhd's current stock price is RM6.14. DKSH Holdings Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM5.53. DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DKSH Holdings Malaysia Bhd was 1.71. The lowest was 0.83. And the median was 1.05.


DKSH Holdings Malaysia Bhd  (XKLS:5908) 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.

DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.14/5.53
=1.11

* 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 DKSH Holdings Malaysia Bhd was 1.71. The lowest was 0.83. And the median was 1.05.


Be Aware

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


DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share Related Terms


DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for DKSH Holdings Malaysia 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.

DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share Chart

DKSH Holdings Malaysia 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 3.67 4.21 4.61 4.96 5.35

DKSH Holdings Malaysia 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 5.09 5.20 5.30 5.35 5.53

XKLS:5908 vs GWW, FAST, FERG: Cyclically Adjusted Book per Share Comparison

For the Industrial Distribution subindustry, DKSH Holdings Malaysia 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.


DKSH Holdings Malaysia Bhd Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5908
89GF Score
DKSH Holdings Malaysia Bhd XKLS:5908
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DKSH Holdings Malaysia 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, DKSH Holdings Malaysia 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)
=7.377/330.2130*330.2130
=7.377

Current CPI (Mar. 2026) = 330.2130.

DKSH Holdings Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.249 241.018 4.451
201609 3.284 241.428 4.492
201612 3.369 241.432 4.608
201703 3.432 243.801 4.648
201706 3.441 244.955 4.639
201709 3.504 246.819 4.688
201712 3.604 246.524 4.827
201803 3.672 249.554 4.859
201806 3.661 251.989 4.797
201809 3.720 252.439 4.866
201812 3.787 251.233 4.978
201903 3.783 254.202 4.914
201906 3.756 256.143 4.842
201909 3.825 256.759 4.919
201912 3.934 256.974 5.055
202003 3.998 258.115 5.115
202006 4.048 257.797 5.185
202009 4.134 260.280 5.245
202012 4.244 260.474 5.380
202103 4.397 264.877 5.482
202106 4.558 271.696 5.540
202109 4.531 274.310 5.454
202112 4.723 278.802 5.594
202203 4.903 287.504 5.631
202206 4.999 296.311 5.571
202209 5.111 296.808 5.686
202212 5.274 296.797 5.868
202303 5.349 301.836 5.852
202306 5.340 305.109 5.779
202309 5.450 307.789 5.847
202312 5.655 306.746 6.088
202403 5.912 312.332 6.250
202406 5.912 314.175 6.214
202409 6.022 315.301 6.307
202412 6.266 315.605 6.556
202503 6.572 319.799 6.786
202506 6.534 322.561 6.689
202509 6.740 324.800 6.852
202512 7.063 324.054 7.197
202603 7.377 330.213 7.377

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 RM5.53 mean?
DKSH Holdings Malaysia Bhd (XKLS:5908) has a Cyclically Adjusted Book per Share of RM5.53 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 DKSH Holdings Malaysia Bhd and its competitors.
Is DKSH Holdings Malaysia Bhd's Cyclically Adjusted Book per Share too high?
DKSH Holdings Malaysia Bhd's current Cyclically Adjusted Book per Share is RM5.53. Overall, DKSH Holdings Malaysia Bhd has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DKSH Holdings Malaysia Bhd's Cyclically Adjusted Book per Share compare to GWW and FAST?
DKSH Holdings Malaysia Bhd's Cyclically Adjusted Book per Share of RM5.53 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Cyclically Adjusted Book per Share depends on the Industrial Distribution 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 DKSH Holdings Malaysia Bhd and its competitors. DKSH Holdings Malaysia Bhd's current Cyclically Adjusted Book per Share is RM5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKSH Holdings Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, DKSH Holdings Malaysia Bhd (XKLS:5908) is currently considered Fairly Valued. The stock's GF Value™ is RM5.71, compared to a current price of RM6.14 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM5.53. DKSH Holdings Malaysia Bhd's overall GF Score™ is 89/100 with 4 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 DKSH Holdings Malaysia Bhd (XKLS:5908), the current Cyclically Adjusted Book per Share is RM5.53 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 DKSH Holdings Malaysia Bhd (XKLS:5908) Overvalued in 2026?

Based on GuruFocus' analysis, DKSH Holdings Malaysia Bhd stock appears to be overvalued. The current stock price of RM6.14 is trading 7.5% above its estimated GF Value™ of RM5.71. GuruFocus considers DKSH Holdings Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:5908:

  • Cyclically Adjusted Book per Share: RM5.53
  • GF Value™: RM5.71 vs. price of RM6.14 (7.5% above fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DKSH Holdings Malaysia Bhd Business Description

Address No. 1, Jalan SS7/26A, B-11-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
DKSH Holdings Malaysia Bhd company is principally an investment holding company. The principal activities of the Group are the provisioning of Market Expansion Services, which range from marketing, to providing sales force, distribution and logistics, invoicing and credit control, handling of inventory and returned goods and other value added services. These services are provided to consumer goods and healthcare clients. The Group also operates retail outlets selling Amos cookies, manufacturing and supplying of butter and margarine, and related bakery, confectionery and dairy products. The Group is organized into three main business segments Consumer Goods; Healthcare; and Others of which majority of revenue comes from Consumer Goods.
89GF Score

Get the complete analysis for XKLS:5908

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

RM6.14
Price
RM5.71
GF Value