Ann Joo Resources Bhd (XKLS:6556) Cyclically Adjusted Book per Share: RM2.45 (As of Mar. 2026)


XKLS:6556 Ann Joo Resources Bhd XKLS:6556
32 GF Score
Price RM0.50
GF Value RM0.61
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ann Joo Resources Bhd Cyclically Adjusted Book per Share?

Ann Joo Resources Bhd XKLS:6556 +2.04% 32 Cyclically Adjusted Book per Share is RM2.45 as of Mar. 2026. GuruFocus rates XKLS:6556 with a GF Score™ of 32/100 and a GF Value™ of RM0.61 (Modestly Undervalued). 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.

Ann Joo Resources Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.045. 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 RM2.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ann Joo Resources Bhd's average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 Ann Joo Resources Bhd was 4.30% per year. The lowest was -0.90% per year. And the median was 1.80% per year.

As of today (2026-07-06), Ann Joo Resources Bhd's current stock price is RM0.50. Ann Joo Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.45. Ann Joo Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ann Joo Resources Bhd was 1.30. The lowest was 0.18. And the median was 0.40.


Ann Joo Resources Bhd  (XKLS:6556) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.50/2.45
=0.20

* 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 Ann Joo Resources Bhd was 1.30. The lowest was 0.18. And the median was 0.40.


Be Aware

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


Ann Joo Resources Bhd Cyclically Adjusted Book per Share Related Terms


Ann Joo Resources Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ann Joo 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.

Ann Joo Resources Bhd Cyclically Adjusted Book per Share Chart

Ann Joo 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 2.38 2.51 2.53 2.51 2.44

Ann Joo 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 2.51 2.49 2.48 2.44 2.45

XKLS:6556 vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Ann Joo 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.


Ann Joo Resources Bhd Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ann Joo Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6556
32GF Score
Ann Joo Resources Bhd XKLS:6556
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ann Joo 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, Ann Joo 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)
=1.045/330.2130*330.2130
=1.045

Current CPI (Mar. 2026) = 330.2130.

Ann Joo Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.981 241.018 2.714
201609 2.027 241.428 2.772
201612 2.060 241.432 2.818
201703 2.203 243.801 2.984
201706 2.165 244.955 2.919
201709 2.198 246.819 2.941
201712 2.375 246.524 3.181
201803 2.309 249.554 3.055
201806 2.310 251.989 3.027
201809 2.320 252.439 3.035
201812 2.380 251.233 3.128
201903 2.370 254.202 3.079
201906 2.243 256.143 2.892
201909 2.127 256.759 2.735
201912 2.159 256.974 2.774
202003 2.112 258.115 2.702
202006 2.012 257.797 2.577
202009 1.978 260.280 2.509
202012 1.981 260.474 2.511
202103 2.117 264.877 2.639
202106 2.267 271.696 2.755
202109 2.334 274.310 2.810
202112 2.358 278.802 2.793
202203 2.407 287.504 2.765
202206 2.406 296.311 2.681
202209 2.180 296.808 2.425
202212 2.056 296.797 2.287
202303 2.024 301.836 2.214
202306 2.032 305.109 2.199
202309 1.934 307.789 2.075
202312 2.066 306.746 2.224
202403 2.042 312.332 2.159
202406 1.966 314.175 2.066
202409 1.834 315.301 1.921
202412 1.455 315.605 1.522
202503 1.323 319.799 1.366
202506 1.232 322.561 1.261
202509 1.161 324.800 1.180
202512 1.063 324.054 1.083
202603 1.045 330.213 1.045

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 RM2.45 mean?
Ann Joo Resources Bhd (XKLS:6556) has a Cyclically Adjusted Book per Share of RM2.45 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 Ann Joo Resources Bhd and its competitors.
Is Ann Joo Resources Bhd's Cyclically Adjusted Book per Share too high?
Ann Joo Resources Bhd's current Cyclically Adjusted Book per Share is RM2.45. Overall, Ann Joo Resources Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ann Joo Resources Bhd's Cyclically Adjusted Book per Share compare to NUE and STLD?
Ann Joo Resources Bhd's Cyclically Adjusted Book per Share of RM2.45 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Ann Joo Resources Bhd and its competitors. Ann Joo Resources Bhd's current Cyclically Adjusted Book per Share is RM2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ann Joo Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ann Joo Resources Bhd (XKLS:6556) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.61, compared to a current price of RM0.50 — trading 18% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM2.45. Ann Joo Resources Bhd's overall GF Score™ is 32/100 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 Ann Joo Resources Bhd (XKLS:6556), the current Cyclically Adjusted Book per Share is RM2.45 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 Ann Joo Resources Bhd (XKLS:6556) Overvalued in 2026?

Based on GuruFocus' analysis, Ann Joo Resources Bhd stock appears to be undervalued. The current stock price of RM0.50 is trading 18% below its estimated GF Value™ of RM0.61. GuruFocus considers Ann Joo Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6556:

  • Cyclically Adjusted Book per Share: RM2.45
  • GF Value™: RM0.61 vs. price of RM0.50 (18% below fair value)
  • GF Score™: 32/100 with 3 warning signs

No single metric tells the full story. See the XKLS:6556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ann Joo Resources Bhd Business Description

Address Jalan Klang Lama, Batu 8 1/2, Wisma Ann Joo, Lot 19391, Petaling Jaya, SGR, MYS, 46000
Ann Joo Resources Bhd is mainly engaged in the manufacturing and trading of steel and steel-related products. The business activity of the group is divided into four segments: Upstream steel division which includes Manufacturing and trading of iron, steel, and steel-related products; Downstream steel division which engages in Trading of steel and steel-related products, hardware, building and construction materials and operations of steel service centers; Green technology division which include Project management and contract services for solar and other renewable energy business as well as waste management services; and Investment Holding, property management and others. Geographically, it derives a majority of its revenue from Malaysia.
32GF Score

Get the complete analysis for XKLS:6556

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

RM0.50
Price
RM0.61
GF Value