Maxland Bhd (XKLS:7123) Cyclically Adjusted Book per Share: RM1.11 (As of Feb. 2026)


What is Maxland Bhd Cyclically Adjusted Book per Share?

Maxland Bhd XKLS:7123 Cyclically Adjusted Book per Share is RM1.11 as of Feb. 2026. The stock has 2 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.

Maxland Bhd's adjusted book value per share for the three months ended in Feb. 2026 was RM0.112. 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 RM1.11 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Maxland Bhd's average Cyclically Adjusted Book Growth Rate was -24.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -24.30% 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 Maxland Bhd was -24.30% per year. The lowest was -24.30% per year. And the median was -24.30% per year.

As of today (2026-07-08), Maxland Bhd's current stock price is RM0.035. Maxland Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was RM1.11. Maxland Bhd's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maxland Bhd was 0.10. The lowest was 0.02. And the median was 0.05.


Maxland Bhd  (XKLS:7123) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.035/1.11
=0.03

* 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 Maxland Bhd was 0.10. The lowest was 0.02. And the median was 0.05.


Be Aware

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


Maxland Bhd Cyclically Adjusted Book per Share Related Terms


Maxland Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maxland 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.

Maxland Bhd Cyclically Adjusted Book per Share Chart

Maxland Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.90 2.54 1.93 1.69

Maxland Bhd Quarterly Data
Sep20 Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Feb26
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 1.46 1.35 1.27 1.19 1.11

XKLS:7123 vs SSD, UFPI, BCC: Cyclically Adjusted Book per Share Comparison

For the Lumber & Wood Production subindustry, Maxland 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.


Maxland Bhd Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Maxland Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.112/326.7850*326.7850
=0.112

Current CPI (Feb. 2026) = 326.7850.

Maxland Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201509 2.750 237.945 3.777
201512 2.028 236.525 2.802
201603 2.081 238.132 2.856
201606 2.090 241.018 2.834
201609 2.088 241.428 2.826
201612 1.977 241.432 2.676
201703 1.998 243.801 2.678
201706 1.622 244.955 2.164
201709 1.643 246.819 2.175
201712 1.562 246.524 2.071
201803 1.636 249.554 2.142
201806 1.568 251.989 2.033
201809 1.395 252.439 1.806
201812 1.335 251.233 1.736
201903 0.959 254.202 1.233
201906 0.675 256.143 0.861
201909 0.682 256.759 0.868
201912 0.660 256.974 0.839
202003 0.570 258.115 0.722
202006 0.446 257.797 0.565
202009 0.469 260.280 0.589
202012 0.453 260.474 0.568
202103 0.445 264.877 0.549
202109 0.400 274.310 0.477
202203 0.249 287.504 0.283
202206 0.192 296.311 0.212
202209 0.189 296.808 0.208
202212 0.160 296.797 0.176
202303 0.160 301.836 0.173
202306 0.157 305.109 0.168
202309 0.152 307.789 0.161
202312 0.160 306.746 0.170
202403 0.153 312.332 0.160
202406 0.121 314.175 0.126
202409 0.122 315.301 0.126
202412 0.117 315.605 0.121
202503 0.109 319.799 0.111
202506 0.100 322.561 0.101
202509 0.095 324.800 0.096
202602 0.112 326.785 0.112

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 RM1.11 mean?
Maxland Bhd (XKLS:7123) has a Cyclically Adjusted Book per Share of RM1.11 as of Feb. 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 Maxland Bhd and its competitors.
Is Maxland Bhd's Cyclically Adjusted Book per Share too high?
Maxland Bhd's current Cyclically Adjusted Book per Share is RM1.11.
How does Maxland Bhd's Cyclically Adjusted Book per Share compare to SSD and UFPI?
Maxland Bhd's Cyclically Adjusted Book per Share of RM1.11 can be compared against companies in the Forest 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 a Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest 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 Maxland Bhd and its competitors. Maxland Bhd's current Cyclically Adjusted Book per Share is RM1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxland Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxland Bhd (XKLS:7123) is currently considered Possible Value Trap. The stock's GF Value™ is RM12.01, compared to a current price of RM0.04 — trading 99.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.11. 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 Maxland Bhd (XKLS:7123), the current Cyclically Adjusted Book per Share is RM1.11 as of Feb. 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.

Maxland Bhd Business Description

Address Lot 5, Jalan Utara, 1st Floor, Block Number 4, P.O. Box 2848,, Bandar Indah, Mile 4, Sandakan, SBH, MYS, 90732
Maxland Bhd is Malaysian timber and wood-based products industry. The company's Segments are the logging segment involved in the extraction, the sale of logs, and tree planting, the manufacturing segment is in the business of manufacturing and sale of plywood, raw and laminated particleboard, veneer, sawn timber, bare core board, finger joints, molded timber, wooden doors and window frames, and fire doors, the engineering segment is involved in the provision of marine services, including repair and maintenance of tugboats and barges amongst others; and the other segment is involved in investment holding and the provision of hiring services. The majority of its revenue is derived from manufacturing segment.