Ken Holdings Bhd (XKLS:7323) Cyclically Adjusted Book per Share: RM2.18 (As of Mar. 2026)


XKLS:7323 Ken Holdings Bhd XKLS:7323
52 GF Score
Price RM0.48
GF Value RM0.51
Valuation Fairly Valued
! 4 Warning Signs
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What is Ken Holdings Bhd Cyclically Adjusted Book per Share?

Ken Holdings Bhd XKLS:7323 52 Cyclically Adjusted Book per Share is RM2.18 as of Mar. 2026. GuruFocus rates XKLS:7323 with a GF Score™ of 52/100 and a GF Value™ of RM0.51 (Fairly Valued). The stock has 4 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.

Ken Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM2.075. 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 RM2.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ken Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Ken Holdings Bhd was 11.00% per year. The lowest was 6.00% per year. And the median was 9.10% per year.

As of today (2026-07-05), Ken Holdings Bhd's current stock price is RM0.48. Ken Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM2.18. Ken Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ken Holdings Bhd was 0.50. The lowest was 0.21. And the median was 0.31.


Ken Holdings Bhd  (XKLS:7323) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.48/2.18
=0.22

* 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 Ken Holdings Bhd was 0.50. The lowest was 0.21. And the median was 0.31.


Be Aware

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


Ken Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Ken Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ken 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.

Ken Holdings Bhd Cyclically Adjusted Book per Share Chart

Ken 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 1.60 1.79 1.92 2.04 2.13

Ken 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 2.07 2.10 2.13 2.13 2.18

XKLS:7323 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Ken 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.


Ken Holdings Bhd Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ken Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:7323
52GF Score
Ken Holdings Bhd XKLS:7323
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ken 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, Ken 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)
=2.075/330.2130*330.2130
=2.075

Current CPI (Mar. 2026) = 330.2130.

Ken Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.307 241.018 1.791
201609 1.355 241.428 1.853
201612 1.417 241.432 1.938
201703 1.449 243.801 1.963
201706 1.524 244.955 2.054
201709 1.563 246.819 2.091
201712 1.673 246.524 2.241
201803 1.685 249.554 2.230
201806 1.828 251.989 2.395
201809 1.797 252.439 2.351
201812 1.786 251.233 2.347
201903 1.787 254.202 2.321
201906 1.789 256.143 2.306
201909 1.777 256.759 2.285
201912 1.783 256.974 2.291
202003 1.785 258.115 2.284
202006 1.790 257.797 2.293
202009 1.822 260.280 2.312
202012 1.837 260.474 2.329
202103 1.853 264.877 2.310
202106 1.892 271.696 2.299
202109 1.899 274.310 2.286
202112 1.920 278.802 2.274
202203 1.922 287.504 2.208
202206 1.924 296.311 2.144
202209 1.929 296.808 2.146
202212 1.932 296.797 2.150
202303 1.946 301.836 2.129
202306 1.957 305.109 2.118
202309 1.979 307.789 2.123
202312 1.994 306.746 2.147
202403 2.006 312.332 2.121
202406 2.019 314.175 2.122
202409 2.034 315.301 2.130
202412 2.040 315.605 2.134
202503 2.047 319.799 2.114
202506 2.069 322.561 2.118
202509 2.086 324.800 2.121
202512 2.088 324.054 2.128
202603 2.075 330.213 2.075

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 RM2.18 mean?
Ken Holdings Bhd (XKLS:7323) has a Cyclically Adjusted Book per Share of RM2.18 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 Ken Holdings Bhd and its competitors.
Is Ken Holdings Bhd's Cyclically Adjusted Book per Share too high?
Ken Holdings Bhd's current Cyclically Adjusted Book per Share is RM2.18. Overall, Ken Holdings Bhd has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ken Holdings Bhd's Cyclically Adjusted Book per Share compare to PWR and FIX?
Ken Holdings Bhd's Cyclically Adjusted Book per Share of RM2.18 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Ken Holdings Bhd and its competitors. Ken Holdings Bhd's current Cyclically Adjusted Book per Share is RM2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ken Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ken Holdings Bhd (XKLS:7323) is currently considered Fairly Valued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.48 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM2.18. Ken Holdings Bhd's overall GF Score™ is 52/100 with 4 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 Ken Holdings Bhd (XKLS:7323), the current Cyclically Adjusted Book per Share is RM2.18 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 Ken Holdings Bhd (XKLS:7323) Overvalued in 2026?

Based on GuruFocus' analysis, Ken Holdings Bhd stock appears to be undervalued. The current stock price of RM0.48 is trading 5.9% below its estimated GF Value™ of RM0.51. GuruFocus considers Ken Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:7323:

  • Cyclically Adjusted Book per Share: RM2.18
  • GF Value™: RM0.51 vs. price of RM0.48 (5.9% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the XKLS:7323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ken Holdings Bhd Business Description

Address No. 37, Jalan Burhanuddin Helmi, Level 12, Menara KEN TTDI, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
Ken Holdings Bhd is engaged in investment holding and the provision of management services. The company operates through three segments: Construction, Property Development, and Property Investment. The construction segment offers specialist engineering services, turnkey contracts, building and civil and engineering works, land reclamation, dredging, and marine and civil engineering. The Property Development segment engages in the development of residential and commercial properties.
52GF Score

Get the complete analysis for XKLS:7323

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

RM0.48
Price
RM0.51
GF Value