Fiamma Holdings Bhd (XKLS:6939) Cyclically Adjusted Book per Share: RM1.31 (As of Jun. 2026)

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XKLS:6939 Fiamma Holdings Bhd XKLS:6939
71 GF Score
Price RM1.05
GF Value RM1.14
Valuation Fairly Valued
! 7 Warning Signs
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What is Fiamma Holdings Bhd Cyclically Adjusted Book per Share?

Fiamma Holdings Bhd XKLS:6939 71 Cyclically Adjusted Book per Share is RM1.31 as of Jun. 2026. GuruFocus rates XKLS:6939 with a GF Score™ of 71/100 and a GF Value™ of RM1.14 (Fairly Valued). The stock has 7 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.

Fiamma Holdings Bhd's adjusted book value per share for the three months ended in Jun. 2026 was RM1.538. 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 RM1.31 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fiamma Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Fiamma Holdings Bhd was 11.00% per year. The lowest was 9.50% per year. And the median was 10.25% per year.

As of today (2026-08-30), Fiamma Holdings Bhd's current stock price is RM1.05. Fiamma Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM1.31. Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fiamma Holdings Bhd was 1.21. The lowest was 0.50. And the median was 0.85.


Fiamma Holdings Bhd  (XKLS:6939) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.05/1.31
=0.80

* 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 Fiamma Holdings Bhd was 1.21. The lowest was 0.50. And the median was 0.85.


Be Aware

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


Fiamma Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Fiamma Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fiamma 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.

Fiamma Holdings Bhd Cyclically Adjusted Book per Share Chart

Fiamma Holdings Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.96 1.07 1.19 1.26

Fiamma Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.23 1.25 1.26 1.29 1.31

XKLS:6939 vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiamma 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.


Fiamma Holdings Bhd Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiamma Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6939
71GF Score
Fiamma Holdings Bhd XKLS:6939
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiamma 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, Fiamma Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.538/333.9520*333.9520
=1.538

Current CPI (Jun. 2026) = 333.9520.

Fiamma Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.813 238.132 1.140
201606 0.797 241.018 1.104
201609 0.828 241.428 1.145
201612 0.835 241.432 1.155
201703 0.845 243.801 1.157
201706 0.844 244.955 1.151
201709 0.898 246.819 1.215
201712 0.890 246.524 1.206
201803 0.902 249.554 1.207
201806 0.901 251.989 1.194
201809 0.951 252.439 1.258
201812 0.939 251.233 1.248
201903 0.952 254.202 1.251
201906 0.955 256.143 1.245
201909 0.994 256.759 1.293
201912 1.007 256.974 1.309
202003 1.037 258.115 1.342
202006 1.028 257.797 1.332
202009 1.041 260.280 1.336
202012 1.062 260.474 1.362
202103 1.081 264.877 1.363
202106 1.081 271.696 1.329
202109 1.078 274.310 1.312
202112 1.102 278.802 1.320
202203 1.108 287.504 1.287
202206 1.101 296.311 1.241
202209 1.115 296.808 1.255
202212 1.179 296.797 1.327
202303 1.216 301.836 1.345
202306 1.238 305.109 1.355
202403 1.270 312.332 1.358
202406 1.291 314.175 1.372
202409 1.297 315.301 1.374
202412 1.342 315.605 1.420
202503 1.411 319.799 1.473
202506 1.437 322.561 1.488
202509 1.449 324.800 1.490
202512 1.468 324.054 1.513
202603 1.489 330.213 1.506
202606 1.538 333.952 1.538

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 RM1.31 mean?
Fiamma Holdings Bhd (XKLS:6939) has a Cyclically Adjusted Book per Share of RM1.31 as of Jun. 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 Fiamma Holdings Bhd and its competitors.
Is Fiamma Holdings Bhd's Cyclically Adjusted Book per Share too high?
Fiamma Holdings Bhd's current Cyclically Adjusted Book per Share is RM1.31. Overall, Fiamma Holdings Bhd has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiamma Holdings Bhd's Cyclically Adjusted Book per Share compare to SN and SGI?
Fiamma Holdings Bhd's Cyclically Adjusted Book per Share of RM1.31 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Fiamma Holdings Bhd and its competitors. Fiamma Holdings Bhd's current Cyclically Adjusted Book per Share is RM1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiamma Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fiamma Holdings Bhd (XKLS:6939) is currently considered Fairly Valued. The stock's GF Value™ is RM1.14, compared to a current price of RM1.05 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.31. Fiamma Holdings Bhd's overall GF Score™ is 71/100 with 7 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 Fiamma Holdings Bhd (XKLS:6939), the current Cyclically Adjusted Book per Share is RM1.31 as of Jun. 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 Fiamma Holdings Bhd (XKLS:6939) Overvalued in 2026?

Based on GuruFocus' analysis, Fiamma Holdings Bhd stock appears to be undervalued. The current stock price of RM1.05 is trading 7.9% below its estimated GF Value™ of RM1.14. GuruFocus considers Fiamma Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:6939:

  • Cyclically Adjusted Book per Share: RM1.31
  • GF Value™: RM1.14 vs. price of RM1.05 (7.9% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the XKLS:6939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fiamma Holdings Bhd Business Description

Address No. 1, Jalan Naga Emas, Menara Chin Hin, Level 20, 8th & Stellar, Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Fiamma Holdings Bhd is engaged in investment holding and property investment. The company's segment includes Investment holding and property investment, Property development, and Trading and services. It generates maximum revenue from the Trading and services segment. The Trading and services segment includes the distribution and servicing of electrical home appliances, sanitaryware, kitchen and wardrobe systems, and built-in furniture, other household products, bathroom accessories, medical devices, and healthcare products.
71GF Score

Get the complete analysis for XKLS:6939

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

RM1.05
Price
RM1.14
GF Value