Amway Malaysia Holdings Bhd (XKLS:6351) Cyclically Adjusted Book per Share: RM1.68 (As of Mar. 2026)


XKLS:6351 Amway Malaysia Holdings Bhd XKLS:6351
85 GF Score
Price RM4.57
GF Value RM4.85
Valuation Fairly Valued
! 3 Warning Signs
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What is Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share?

Amway Malaysia Holdings Bhd XKLS:6351 +0.22% 85 Cyclically Adjusted Book per Share is RM1.68 as of Mar. 2026. GuruFocus rates XKLS:6351 with a GF Score™ of 85/100 and a GF Value™ of RM4.85 (Fairly Valued). The stock has 3 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.

Amway Malaysia Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.462. 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 RM1.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Amway Malaysia Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Amway Malaysia Holdings Bhd was 4.10% per year. The lowest was 2.10% per year. And the median was 3.35% per year.

As of today (2026-07-07), Amway Malaysia Holdings Bhd's current stock price is RM4.57. Amway Malaysia Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.68. Amway Malaysia Holdings Bhd's Cyclically Adjusted PB Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amway Malaysia Holdings Bhd was 4.84. The lowest was 2.71. And the median was 3.52.


Amway Malaysia Holdings Bhd  (XKLS:6351) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.57/1.68
=2.72

* 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 Amway Malaysia Holdings Bhd was 4.84. The lowest was 2.71. And the median was 3.52.


Be Aware

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


Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Amway Malaysia Holdings 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.

Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share Chart

Amway Malaysia Holdings 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 1.47 1.55 1.59 1.64 1.65

Amway Malaysia Holdings 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 1.65 1.65 1.66 1.65 1.68

XKLS:6351 vs CASY, WSM, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Amway Malaysia Holdings 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.


Amway Malaysia Holdings Bhd Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amway Malaysia Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6351
85GF Score
Amway Malaysia Holdings Bhd XKLS:6351
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amway Malaysia Holdings 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, Amway Malaysia Holdings 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)
=1.462/330.2130*330.2130
=1.462

Current CPI (Mar. 2026) = 330.2130.

Amway Malaysia Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.197 241.018 1.640
201609 1.262 241.428 1.726
201612 1.282 241.432 1.753
201703 1.190 243.801 1.612
201706 1.229 244.955 1.657
201709 1.270 246.819 1.699
201712 1.302 246.524 1.744
201803 1.185 249.554 1.568
201806 1.180 251.989 1.546
201809 1.234 252.439 1.614
201812 1.318 251.233 1.732
201903 1.257 254.202 1.633
201906 1.320 256.143 1.702
201909 1.334 256.759 1.716
201912 1.354 256.974 1.740
202003 1.291 258.115 1.652
202006 1.344 257.797 1.722
202009 1.388 260.280 1.761
202012 1.364 260.474 1.729
202103 1.362 264.877 1.698
202106 1.360 271.696 1.653
202109 1.358 274.310 1.635
202112 1.314 278.802 1.556
202203 1.346 287.504 1.546
202206 1.388 296.311 1.547
202209 1.453 296.808 1.617
202212 1.543 296.797 1.717
202303 1.433 301.836 1.568
202306 1.493 305.109 1.616
202309 1.724 307.789 1.850
202312 1.872 306.746 2.015
202403 1.621 312.332 1.714
202406 1.720 314.175 1.808
202409 1.866 315.301 1.954
202412 1.879 315.605 1.966
202503 1.509 319.799 1.558
202506 1.474 322.561 1.509
202509 1.513 324.800 1.538
202512 1.552 324.054 1.581
202603 1.462 330.213 1.462

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 RM1.68 mean?
Amway Malaysia Holdings Bhd (XKLS:6351) has a Cyclically Adjusted Book per Share of RM1.68 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 Amway Malaysia Holdings Bhd and its competitors.
Is Amway Malaysia Holdings Bhd's Cyclically Adjusted Book per Share too high?
Amway Malaysia Holdings Bhd's current Cyclically Adjusted Book per Share is RM1.68. Overall, Amway Malaysia Holdings Bhd has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amway Malaysia Holdings Bhd's Cyclically Adjusted Book per Share compare to CASY and WSM?
Amway Malaysia Holdings Bhd's Cyclically Adjusted Book per Share of RM1.68 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Amway Malaysia Holdings Bhd and its competitors. Amway Malaysia Holdings Bhd's current Cyclically Adjusted Book per Share is RM1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amway Malaysia Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Amway Malaysia Holdings Bhd (XKLS:6351) is currently considered Fairly Valued. The stock's GF Value™ is RM4.85, compared to a current price of RM4.57 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.68. Amway Malaysia Holdings Bhd's overall GF Score™ is 85/100 with 3 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 Amway Malaysia Holdings Bhd (XKLS:6351), the current Cyclically Adjusted Book per Share is RM1.68 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 Amway Malaysia Holdings Bhd (XKLS:6351) Overvalued in 2026?

Based on GuruFocus' analysis, Amway Malaysia Holdings Bhd stock appears to be undervalued. The current stock price of RM4.57 is trading 5.8% below its estimated GF Value™ of RM4.85. GuruFocus considers Amway Malaysia Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:6351:

  • Cyclically Adjusted Book per Share: RM1.68
  • GF Value™: RM4.85 vs. price of RM4.57 (5.8% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the XKLS:6351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amway Malaysia Holdings Bhd Business Description

Address 28, Jalan, 51A/223, Petaling Jaya, SGR, MYS, 46100
Amway Malaysia Holdings Bhd is engaged in the distribution of consumer products under the Amway' trademark. The Group has only one business segment which is the distribution of consumer products principally under the Amway trademark. The company manufactures consumer products in the nutrition, beauty and home categories that are sold exclusively through Amway Business Owners. It has taken an initiative with Amway affiliates in Singapore, Thailand, Vietnam, Indonesia, Philippines, and Australia. The company also has an ARTISTRY SUPREME LX Regenerating Cream and Eye Cream under its skincare range and home categories that are sold exclusively through Amway Business Owners.
85GF Score

Get the complete analysis for XKLS:6351

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

RM4.57
Price
RM4.85
GF Value