BTM Resources Bhd (XKLS:7188) Cyclically Adjusted Book per Share: RM0.14 (As of Mar. 2026)


What is BTM Resources Bhd Cyclically Adjusted Book per Share?

BTM Resources Bhd XKLS:7188 Cyclically Adjusted Book per Share is RM0.14 as of Mar. 2026. 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.

BTM Resources Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.041. 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 RM0.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BTM Resources Bhd's average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.00% 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 BTM Resources Bhd was -2.00% per year. The lowest was -2.00% per year. And the median was -2.00% per year.

As of today (2026-07-06), BTM Resources Bhd's current stock price is RM0.035. BTM Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.14. BTM Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BTM Resources Bhd was 1.39. The lowest was 0.17. And the median was 0.44.


BTM Resources Bhd  (XKLS:7188) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.035/0.14
=0.25

* 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 BTM Resources Bhd was 1.39. The lowest was 0.17. And the median was 0.44.


Be Aware

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


BTM Resources Bhd Cyclically Adjusted Book per Share Related Terms


BTM Resources Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BTM 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.

BTM Resources Bhd Cyclically Adjusted Book per Share Chart

BTM Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.17 0.17 0.17 0.16

BTM Resources Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 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 0.15 0.15 0.15 0.14 0.14

XKLS:7188 vs SSD, UFPI, BCC: Cyclically Adjusted Book per Share Comparison

For the Lumber & Wood Production subindustry, BTM 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.


BTM Resources Bhd Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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



BTM 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, BTM 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)
=0.041/330.2130*330.2130
=0.041

Current CPI (Mar. 2026) = 330.2130.

BTM Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.164 236.525 0.229
201603 0.164 238.132 0.227
201606 0.164 241.018 0.225
201609 0.165 241.428 0.226
201612 0.168 241.432 0.230
201703 0.168 243.801 0.228
201706 0.167 244.955 0.225
201709 0.170 246.819 0.227
201712 0.179 246.524 0.240
201803 0.170 249.554 0.225
201806 0.170 251.989 0.223
201809 0.170 252.439 0.222
201812 0.161 251.233 0.212
201903 0.150 254.202 0.195
201906 0.141 256.143 0.182
201909 0.130 256.759 0.167
201912 0.127 256.974 0.163
202003 0.116 258.115 0.148
202006 0.107 257.797 0.137
202009 0.100 260.280 0.127
202012 0.113 260.474 0.143
202103 0.105 264.877 0.131
202106 0.101 271.696 0.123
202109 0.092 274.310 0.111
202112 0.087 278.802 0.103
202203 0.079 287.504 0.091
202206 0.075 296.311 0.084
202209 0.067 296.808 0.075
202212 0.051 296.797 0.057
202303 0.064 301.836 0.070
202306 0.063 305.109 0.068
202309 0.061 307.789 0.065
202312 0.059 306.746 0.064
202403 0.058 312.332 0.061
202406 0.057 314.175 0.060
202409 0.055 315.301 0.058
202412 0.054 315.605 0.056
202503 0.052 319.799 0.054
202509 0.043 324.800 0.044
202603 0.041 330.213 0.041

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 RM0.14 mean?
BTM Resources Bhd (XKLS:7188) has a Cyclically Adjusted Book per Share of RM0.14 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 BTM Resources Bhd and its competitors.
Is BTM Resources Bhd's Cyclically Adjusted Book per Share too high?
BTM Resources Bhd's current Cyclically Adjusted Book per Share is RM0.14.
How does BTM Resources Bhd's Cyclically Adjusted Book per Share compare to SSD and UFPI?
BTM Resources Bhd's Cyclically Adjusted Book per Share of RM0.14 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 BTM Resources Bhd and its competitors. BTM Resources Bhd's current Cyclically Adjusted Book per Share is RM0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTM Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, BTM Resources Bhd (XKLS:7188) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.04 — trading 75% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.14. 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 BTM Resources Bhd (XKLS:7188), the current Cyclically Adjusted Book per Share is RM0.14 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.

BTM Resources Bhd Business Description

Address Jalan PJU 1/41, No. 35-4, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
BTM Resources Bhd is a Malaysian investment holding company. The principal activities of the company consist of investment holding and the provision of management services. It is engaged in the business of logging, sawmilling, trading in sawn timbers, plywood and logs, timber molding and manufacturing of finger-jointed timber and lamination boards and letting of plant and machinery. The company operates in Malaysia, Australia, Korea, USA and Singapore, of which it generates a majority of the revenue from Malaysia.