MBM Resources Bhd (XKLS:5983) Cyclically Adjusted Book per Share: RM5.71 (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:5983 MBM Resources Bhd XKLS:5983
76 GF Score
Price RM4.68
GF Value RM5.20
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is MBM Resources Bhd Cyclically Adjusted Book per Share?

MBM Resources Bhd XKLS:5983 -0.64% 76 Cyclically Adjusted Book per Share is RM5.71 as of Mar. 2026. GuruFocus rates XKLS:5983 with a GF Score™ of 76/100 and a GF Value™ of RM5.20 (Modestly Undervalued). 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.

MBM Resources Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM6.245. 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 RM5.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MBM Resources Bhd's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 MBM Resources Bhd was 8.00% per year. The lowest was 4.10% per year. And the median was 5.70% per year.

As of today (2026-07-21), MBM Resources Bhd's current stock price is RM4.68. MBM Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM5.71. MBM Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MBM Resources Bhd was 1.26. The lowest was 0.64. And the median was 0.81.


MBM Resources Bhd  (XKLS:5983) 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.

MBM Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.68/5.71
=0.82

* 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 MBM Resources Bhd was 1.26. The lowest was 0.64. And the median was 0.81.


Be Aware

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


MBM Resources Bhd Cyclically Adjusted Book per Share Related Terms


MBM Resources Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MBM Resources 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.

MBM Resources Bhd Cyclically Adjusted Book per Share Chart

MBM Resources 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 4.56 4.95 5.18 5.39 5.58

MBM Resources 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 5.47 5.53 5.58 5.58 5.71

XKLS:5983 vs CVNA, PAG, ALTB: Cyclically Adjusted Book per Share Comparison

For the Auto & Truck Dealerships subindustry, MBM Resources 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.


MBM Resources Bhd Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MBM Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:5983
76GF Score
MBM Resources Bhd XKLS:5983
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBM Resources 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, MBM Resources 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)
=6.245/330.2130*330.2130
=6.245

Current CPI (Mar. 2026) = 330.2130.

MBM Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.065 241.018 5.569
201609 4.089 241.428 5.593
201612 4.110 241.432 5.621
201703 4.128 243.801 5.591
201706 4.169 244.955 5.620
201709 4.173 246.819 5.583
201712 3.709 246.524 4.968
201803 3.728 249.554 4.933
201806 3.816 251.989 5.001
201809 3.883 252.439 5.079
201812 4.040 251.233 5.310
201903 4.143 254.202 5.382
201906 4.273 256.143 5.509
201909 4.356 256.759 5.602
201912 4.474 256.974 5.749
202003 4.474 258.115 5.724
202006 4.460 257.797 5.713
202009 4.487 260.280 5.693
202012 4.671 260.474 5.922
202103 4.730 264.877 5.897
202106 5.073 271.696 6.166
202109 4.620 274.310 5.562
202112 4.907 278.802 5.812
202203 4.985 287.504 5.726
202206 5.116 296.311 5.701
202209 5.112 296.808 5.687
202212 5.256 296.797 5.848
202303 5.251 301.836 5.745
202306 5.324 305.109 5.762
202309 5.333 307.789 5.722
202312 5.444 306.746 5.860
202403 5.649 312.332 5.972
202406 5.672 314.175 5.962
202409 5.736 315.301 6.007
202412 5.696 315.605 5.960
202503 5.878 319.799 6.069
202506 5.974 322.561 6.116
202509 5.996 324.800 6.096
202512 6.082 324.054 6.198
202603 6.245 330.213 6.245

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 RM5.71 mean?
MBM Resources Bhd (XKLS:5983) has a Cyclically Adjusted Book per Share of RM5.71 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 MBM Resources Bhd and its competitors.
Is MBM Resources Bhd's Cyclically Adjusted Book per Share too high?
MBM Resources Bhd's current Cyclically Adjusted Book per Share is RM5.71. Overall, MBM Resources Bhd has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MBM Resources Bhd's Cyclically Adjusted Book per Share compare to CVNA and PAG?
MBM Resources Bhd's Cyclically Adjusted Book per Share of RM5.71 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 MBM Resources Bhd and its competitors. MBM Resources Bhd's current Cyclically Adjusted Book per Share is RM5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBM Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, MBM Resources Bhd (XKLS:5983) is currently considered Modestly Undervalued. The stock's GF Value™ is RM5.20, compared to a current price of RM4.68 — trading 10% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM5.71. MBM Resources Bhd's overall GF Score™ is 76/100 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 MBM Resources Bhd (XKLS:5983), the current Cyclically Adjusted Book per Share is RM5.71 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 MBM Resources Bhd (XKLS:5983) Overvalued in 2026?

Based on GuruFocus' analysis, MBM Resources Bhd stock appears to be undervalued. The current stock price of RM4.68 is trading 10% below its estimated GF Value™ of RM5.20. GuruFocus considers MBM Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5983:

  • Cyclically Adjusted Book per Share: RM5.71
  • GF Value™: RM5.20 vs. price of RM4.68 (10% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MBM Resources Bhd Business Description

Address 23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000
MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading and assembly, Auto parts manufacturing, and All Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.
76GF Score

Get the complete analysis for XKLS:5983

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

RM4.68
Price
RM5.20
GF Value