Kobay Technology Bhd (XKLS:6971) Cyclically Adjusted Book per Share: RM0.97 (As of Mar. 2026)


XKLS:6971 Kobay Technology Bhd XKLS:6971
71 GF Score
Price RM2.47
GF Value RM1.89
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kobay Technology Bhd Cyclically Adjusted Book per Share?

Kobay Technology Bhd XKLS:6971 -4.26% 71 Cyclically Adjusted Book per Share is RM0.97 as of Mar. 2026. GuruFocus rates XKLS:6971 with a GF Score™ of 71/100 and a GF Value™ of RM1.89 (Significantly Overvalued). 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.

Kobay Technology Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.237. 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 RM0.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kobay Technology Bhd's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.70% 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 Kobay Technology Bhd was 14.90% per year. The lowest was 11.40% per year. And the median was 13.30% per year.

As of today (2026-07-03), Kobay Technology Bhd's current stock price is RM2.47. Kobay Technology Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.97. Kobay Technology Bhd's Cyclically Adjusted PB Ratio of today is 2.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kobay Technology Bhd was 11.51. The lowest was 0.91. And the median was 1.91.


Kobay Technology Bhd  (XKLS:6971) 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.

Kobay Technology Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.47/0.97
=2.55

* 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 Kobay Technology Bhd was 11.51. The lowest was 0.91. And the median was 1.91.


Be Aware

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


Kobay Technology Bhd Cyclically Adjusted Book per Share Related Terms


Kobay Technology Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kobay Technology 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.

Kobay Technology Bhd Cyclically Adjusted Book per Share Chart

Kobay Technology Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.65 0.74 0.82 0.91

Kobay Technology 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 0.89 0.91 0.93 0.94 0.97

XKLS:6971 vs CRS, ATI, MLI: Cyclically Adjusted Book per Share Comparison

For the Metal Fabrication subindustry, Kobay Technology 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.


Kobay Technology Bhd Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:6971
71GF Score
Kobay Technology Bhd XKLS:6971
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kobay Technology 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, Kobay Technology 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)
=1.237/330.2130*330.2130
=1.237

Current CPI (Mar. 2026) = 330.2130.

Kobay Technology Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.459 241.018 0.629
201609 0.462 241.428 0.632
201612 0.465 241.432 0.636
201703 0.472 243.801 0.639
201706 0.476 244.955 0.642
201709 0.483 246.819 0.646
201712 0.497 246.524 0.666
201803 0.501 249.554 0.663
201806 0.518 251.989 0.679
201809 0.531 252.439 0.695
201812 0.548 251.233 0.720
201903 0.563 254.202 0.731
201906 0.580 256.143 0.748
201909 0.594 256.759 0.764
201912 0.616 256.974 0.792
202003 0.627 258.115 0.802
202006 0.647 257.797 0.829
202009 0.665 260.280 0.844
202012 0.684 260.474 0.867
202103 0.687 264.877 0.856
202106 0.697 271.696 0.847
202109 0.730 274.310 0.879
202112 1.070 278.802 1.267
202203 1.097 287.504 1.260
202206 1.135 296.311 1.265
202209 1.167 296.808 1.298
202212 1.196 296.797 1.331
202303 1.190 301.836 1.302
202306 1.169 305.109 1.265
202309 1.192 307.789 1.279
202312 1.202 306.746 1.294
202403 1.199 312.332 1.268
202406 1.170 314.175 1.230
202409 1.206 315.301 1.263
202412 1.219 315.605 1.275
202503 1.221 319.799 1.261
202506 1.122 322.561 1.149
202509 1.156 324.800 1.175
202512 1.193 324.054 1.216
202603 1.237 330.213 1.237

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 RM0.97 mean?
Kobay Technology Bhd (XKLS:6971) has a Cyclically Adjusted Book per Share of RM0.97 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 Kobay Technology Bhd and its competitors.
Is Kobay Technology Bhd's Cyclically Adjusted Book per Share too high?
Kobay Technology Bhd's current Cyclically Adjusted Book per Share is RM0.97. Overall, Kobay Technology Bhd has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's Cyclically Adjusted Book per Share compare to CRS and ATI?
Kobay Technology Bhd's Cyclically Adjusted Book per Share of RM0.97 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Kobay Technology Bhd and its competitors. Kobay Technology Bhd's current Cyclically Adjusted Book per Share is RM0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.89, compared to a current price of RM2.47 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.97. Kobay Technology Bhd's overall GF Score™ is 71/100 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 Kobay Technology Bhd (XKLS:6971), the current Cyclically Adjusted Book per Share is RM0.97 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?

Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued. The current stock price of RM2.47 is trading 30.7% above its estimated GF Value™ of RM1.89. GuruFocus considers Kobay Technology Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:6971:

  • Cyclically Adjusted Book per Share: RM0.97
  • GF Value™: RM1.89 vs. price of RM2.47 (30.7% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kobay Technology Bhd Business Description

Address No. 42-B Jalan Rangoon, 3rd Floor, Wisma Kobay, Georgetown, PNG, MYS, 10400
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
71GF Score

Get the complete analysis for XKLS:6971

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

RM2.47
Price
RM1.89
GF Value