Apollo Food Holdings Bhd (XKLS:6432) Cyclically Adjusted Book per Share: RM3.66 (As of Apr. 2026)


XKLS:6432 Apollo Food Holdings Bhd XKLS:6432
86 GF Score
Price RM6.16
GF Value RM6.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Apollo Food Holdings Bhd Cyclically Adjusted Book per Share?

Apollo Food Holdings Bhd XKLS:6432 +0.65% 86 Cyclically Adjusted Book per Share is RM3.66 as of Apr. 2026. GuruFocus rates XKLS:6432 with a GF Score™ of 86/100 and a GF Value™ of RM6.86 (Modestly Undervalued). 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.

Apollo Food Holdings Bhd's adjusted book value per share for the three months ended in Apr. 2026 was RM3.035. 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 RM3.66 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Apollo Food Holdings Bhd's average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Apollo Food Holdings Bhd was 5.10% per year. The lowest was -0.30% per year. And the median was 2.30% per year.

As of today (2026-07-05), Apollo Food Holdings Bhd's current stock price is RM6.16. Apollo Food Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was RM3.66. Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Apollo Food Holdings Bhd was 2.00. The lowest was 0.98. And the median was 1.23.


Apollo Food Holdings Bhd  (XKLS:6432) 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.

Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.16/3.66
=1.68

* 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 Apollo Food Holdings Bhd was 2.00. The lowest was 0.98. And the median was 1.23.


Be Aware

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


Apollo Food Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Apollo Food Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Apollo Food 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.

Apollo Food Holdings Bhd Cyclically Adjusted Book per Share Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 3.69 3.72 3.68 3.66

Apollo Food Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.68 3.67 3.65 3.61 3.66

XKLS:6432 vs MDLZ, HSY, TR: Cyclically Adjusted Book per Share Comparison

For the Confectioners subindustry, Apollo Food 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.


Apollo Food Holdings Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apollo Food Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6432
86GF Score
Apollo Food Holdings Bhd XKLS:6432
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Food 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, Apollo Food Holdings Bhd's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=3.035/333.0200*333.0200
=3.035

Current CPI (Apr. 2026) = 333.0200.

Apollo Food Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201607 3.291 240.628 4.555
201610 3.350 241.729 4.615
201701 3.114 242.839 4.270
201704 3.166 244.524 4.312
201707 3.199 244.786 4.352
201710 3.245 246.663 4.381
201801 3.022 247.867 4.060
201804 3.045 250.546 4.047
201807 3.101 252.006 4.098
201810 3.158 252.885 4.159
201901 3.016 251.712 3.990
201904 3.063 255.548 3.992
201907 3.103 256.571 4.028
201910 3.143 257.346 4.067
202001 2.992 257.971 3.862
202004 3.041 256.389 3.950
202007 3.100 259.101 3.984
202010 3.140 260.388 4.016
202101 2.884 261.582 3.672
202104 2.958 267.054 3.689
202107 2.960 273.003 3.611
202110 2.971 276.589 3.577
202201 2.785 281.148 3.299
202204 2.836 289.109 3.267
202207 2.893 296.276 3.252
202210 3.011 298.012 3.365
202301 2.896 299.170 3.224
202304 2.981 303.363 3.272
202307 3.077 305.691 3.352
202310 3.201 307.671 3.465
202401 3.229 308.417 3.487
202404 2.808 313.548 2.982
202407 2.929 314.540 3.101
202410 3.062 315.664 3.230
202501 2.842 317.671 2.979
202504 2.960 320.795 3.073
202507 2.840 323.048 2.928
202510 2.933 0.000
202601 2.918 325.252 2.988
202604 3.035 333.020 3.035

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 RM3.66 mean?
Apollo Food Holdings Bhd (XKLS:6432) has a Cyclically Adjusted Book per Share of RM3.66 as of Apr. 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 Apollo Food Holdings Bhd and its competitors.
Is Apollo Food Holdings Bhd's Cyclically Adjusted Book per Share too high?
Apollo Food Holdings Bhd's current Cyclically Adjusted Book per Share is RM3.66. Overall, Apollo Food Holdings Bhd has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Food Holdings Bhd's Cyclically Adjusted Book per Share compare to MDLZ and HSY?
Apollo Food Holdings Bhd's Cyclically Adjusted Book per Share of RM3.66 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Apollo Food Holdings Bhd and its competitors. Apollo Food Holdings Bhd's current Cyclically Adjusted Book per Share is RM3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Food Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd (XKLS:6432) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.86, compared to a current price of RM6.16 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM3.66. Apollo Food Holdings Bhd's overall GF Score™ is 86/100 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 Apollo Food Holdings Bhd (XKLS:6432), the current Cyclically Adjusted Book per Share is RM3.66 as of Apr. 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 Apollo Food Holdings Bhd (XKLS:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Food Holdings Bhd stock appears to be undervalued. The current stock price of RM6.16 is trading 10.2% below its estimated GF Value™ of RM6.86. GuruFocus considers Apollo Food Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6432:

  • Cyclically Adjusted Book per Share: RM3.66
  • GF Value™: RM6.86 vs. price of RM6.16 (10.2% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the XKLS:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Food Holdings Bhd Business Description

Address No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and the provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution of compound chocolates, chocolate confectionery products, and cakes. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in ASEAN (excluding Malaysia).
86GF Score

Get the complete analysis for XKLS:6432

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

RM6.16
Price
RM6.86
GF Value