Tek Seng Holdings Bhd (XKLS:7200) Cyclically Adjusted Book per Share: RM0.77 (As of Mar. 2026)

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XKLS:7200 Tek Seng Holdings Bhd XKLS:7200
50 GF Score
Price RM0.22
GF Value RM0.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tek Seng Holdings Bhd Cyclically Adjusted Book per Share?

Tek Seng Holdings Bhd XKLS:7200 50 Cyclically Adjusted Book per Share is RM0.77 as of Mar. 2026. GuruFocus rates XKLS:7200 with a GF Score™ of 50/100 and a GF Value™ of RM0.25 (Modestly Undervalued). 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.

Tek Seng Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.699. 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 RM0.77 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Tek Seng Holdings Bhd was 5.50% per year. The lowest was 2.30% per year. And the median was 3.80% per year.

As of today (2026-07-15), Tek Seng Holdings Bhd's current stock price is RM0.22. Tek Seng Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.77. Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tek Seng Holdings Bhd was 1.86. The lowest was 0.22. And the median was 0.41.


Tek Seng Holdings Bhd  (XKLS:7200) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.22/0.77
=0.29

* 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 Tek Seng Holdings Bhd was 1.86. The lowest was 0.22. And the median was 0.41.


Be Aware

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


Tek Seng Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Tek Seng Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tek Seng 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.

Tek Seng Holdings Bhd Cyclically Adjusted Book per Share Chart

Tek Seng Holdings 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 0.68 0.72 0.74 0.76 0.77

Tek Seng Holdings 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 0.77 0.77 0.77 0.77 0.77

XKLS:7200 vs AIN: Cyclically Adjusted Book per Share Comparison

For the Textile Manufacturing subindustry, Tek Seng 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.


Tek Seng Holdings Bhd Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tek Seng Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:7200
50GF Score
Tek Seng Holdings Bhd XKLS:7200
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tek Seng 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, Tek Seng Holdings 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)
=0.699/330.2130*330.2130
=0.699

Current CPI (Mar. 2026) = 330.2130.

Tek Seng Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.892 241.018 1.222
201609 0.710 241.428 0.971
201612 0.679 241.432 0.929
201703 0.684 243.801 0.926
201706 0.693 244.955 0.934
201709 0.680 246.819 0.910
201712 0.736 246.524 0.986
201803 0.729 249.554 0.965
201806 0.615 251.989 0.806
201809 0.605 252.439 0.791
201812 0.586 251.233 0.770
201903 0.587 254.202 0.763
201906 0.576 256.143 0.743
201909 0.576 256.759 0.741
201912 0.534 256.974 0.686
202003 0.538 258.115 0.688
202006 0.556 257.797 0.712
202009 0.574 260.280 0.728
202012 0.597 260.474 0.757
202103 0.602 264.877 0.750
202106 0.615 271.696 0.747
202109 0.607 274.310 0.731
202112 0.610 278.802 0.722
202203 0.613 287.504 0.704
202206 0.621 296.311 0.692
202209 0.628 296.808 0.699
202212 0.629 296.797 0.700
202303 0.640 301.836 0.700
202306 0.644 305.109 0.697
202309 0.645 307.789 0.692
202312 0.647 306.746 0.696
202403 0.654 312.332 0.691
202406 0.657 314.175 0.691
202409 0.662 315.301 0.693
202412 0.665 315.605 0.696
202503 0.663 319.799 0.685
202506 0.670 322.561 0.686
202509 0.679 324.800 0.690
202512 0.687 324.054 0.700
202603 0.699 330.213 0.699

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 RM0.77 mean?
Tek Seng Holdings Bhd (XKLS:7200) has a Cyclically Adjusted Book per Share of RM0.77 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 Tek Seng Holdings Bhd and its competitors.
Is Tek Seng Holdings Bhd's Cyclically Adjusted Book per Share too high?
Tek Seng Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.77. Overall, Tek Seng Holdings Bhd has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tek Seng Holdings Bhd's Cyclically Adjusted Book per Share compare to AIN?
Tek Seng Holdings Bhd's Cyclically Adjusted Book per Share of RM0.77 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Tek Seng Holdings Bhd and its competitors. Tek Seng Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tek Seng Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tek Seng Holdings Bhd (XKLS:7200) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.22 — trading 12% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.77. Tek Seng Holdings Bhd's overall GF Score™ is 50/100 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 Tek Seng Holdings Bhd (XKLS:7200), the current Cyclically Adjusted Book per Share is RM0.77 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 Tek Seng Holdings Bhd (XKLS:7200) Overvalued in 2026?

Based on GuruFocus' analysis, Tek Seng Holdings Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 12% below its estimated GF Value™ of RM0.25. GuruFocus considers Tek Seng Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7200:

  • Cyclically Adjusted Book per Share: RM0.77
  • GF Value™: RM0.25 vs. price of RM0.22 (12% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the XKLS:7200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tek Seng Holdings Bhd Business Description

Address Plot 159, MK13, Jalan Perindustrian Bukit Minyak 7, Bukit Minyak Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Tek Seng Holdings Bhd is an investment holding company. It operates through three segments: the polyvinyl chloride (PVC) segment, the Photovoltaic Solar segment, and the Property investment segment. The PVC segment is engaged in the manufacturing and trading of PVC sheeting, PolyPropylene (PP) Non-Woven, PVC leather-related products for industrial and consumer use. Whereas the Solar segment is engaged in the Trading of Solar Cell products and generating and supplying renewable energy. The Property investment segment is engaged in rental income from investment properties. The majority of revenue is from the PVC segment. Geographically, the majority of revenue is derived from Malaysia.
50GF Score

Get the complete analysis for XKLS:7200

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

RM0.22
Price
RM0.25
GF Value