Computer Forms (Malaysia) Bhd (XKLS:8044) Cyclically Adjusted Book per Share: RM0.35 (As of Dec. 2025)


What is Computer Forms (Malaysia) Bhd Cyclically Adjusted Book per Share?

Computer Forms (Malaysia) Bhd XKLS:8044 Cyclically Adjusted Book per Share is RM0.35 as of Dec. 2025. 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.

Computer Forms (Malaysia) Bhd's adjusted book value per share for the three months ended in Dec. 2025 was RM0.389. 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 RM0.35 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Computer Forms (Malaysia) Bhd's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Computer Forms (Malaysia) Bhd was 8.00% per year. The lowest was 8.00% per year. And the median was 8.00% per year.

As of today (2026-07-04), Computer Forms (Malaysia) Bhd's current stock price is RM0.065. Computer Forms (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was RM0.35. Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Computer Forms (Malaysia) Bhd was 9.73. The lowest was 0.18. And the median was 0.64.


Computer Forms (Malaysia) Bhd  (XKLS:8044) 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.

Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.065/0.35
=0.19

* 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 Computer Forms (Malaysia) Bhd was 9.73. The lowest was 0.18. And the median was 0.64.


Be Aware

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


Computer Forms (Malaysia) Bhd Cyclically Adjusted Book per Share Related Terms


Computer Forms (Malaysia) Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd Cyclically Adjusted Book per Share Chart

Computer Forms (Malaysia) Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.27 0.27 0.29 0.34

Computer Forms (Malaysia) Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.34 0.35 0.35 0.35 0.35

XKLS:8044 vs CTAS, CPRT, ULS: Cyclically Adjusted Book per Share Comparison

For the Specialty Business Services subindustry, Computer Forms (Malaysia) 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.


Computer Forms (Malaysia) Bhd Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Computer Forms (Malaysia) Bhd's Cyclically Adjusted PB Ratio falls into.



Computer Forms (Malaysia) 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, Computer Forms (Malaysia) Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.389/324.0540*324.0540
=0.389

Current CPI (Dec. 2025) = 324.0540.

Computer Forms (Malaysia) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201509 0.257 237.945 0.350
201512 0.263 236.525 0.360
201603 0.259 238.132 0.352
201606 0.254 241.018 0.342
201609 0.252 241.428 0.338
201612 0.257 241.432 0.345
201703 0.254 243.801 0.338
201706 0.252 244.955 0.333
201709 0.250 246.819 0.328
201712 0.253 246.524 0.333
201803 0.241 249.554 0.313
201806 0.237 251.989 0.305
201809 0.228 252.439 0.293
201812 0.229 251.233 0.295
201903 0.227 254.202 0.289
201906 0.224 256.143 0.283
201909 0.223 256.759 0.281
201912 0.219 256.974 0.276
202003 0.218 258.115 0.274
202006 0.218 257.797 0.274
202009 0.218 260.280 0.271
202012 0.218 260.474 0.271
202103 0.219 264.877 0.268
202106 0.218 271.696 0.260
202109 0.320 274.310 0.378
202112 0.321 278.802 0.373
202203 0.311 287.504 0.351
202206 0.309 296.311 0.338
202209 0.347 296.808 0.379
202212 0.448 296.797 0.489
202306 0.487 305.109 0.517
202312 0.460 306.746 0.486
202403 0.455 312.332 0.472
202406 0.454 314.175 0.468
202409 0.442 315.301 0.454
202412 0.441 315.605 0.453
202503 0.394 319.799 0.399
202506 0.391 322.561 0.393
202509 0.385 324.800 0.384
202512 0.389 324.054 0.389

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 RM0.35 mean?
Computer Forms (Malaysia) Bhd (XKLS:8044) has a Cyclically Adjusted Book per Share of RM0.35 as of Dec. 2025. 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 Computer Forms (Malaysia) Bhd and its competitors.
Is Computer Forms (Malaysia) Bhd's Cyclically Adjusted Book per Share too high?
Computer Forms (Malaysia) Bhd's current Cyclically Adjusted Book per Share is RM0.35.
How does Computer Forms (Malaysia) Bhd's Cyclically Adjusted Book per Share compare to CTAS and CPRT?
Computer Forms (Malaysia) Bhd's Cyclically Adjusted Book per Share of RM0.35 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business Services 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 Computer Forms (Malaysia) Bhd and its competitors. Computer Forms (Malaysia) Bhd's current Cyclically Adjusted Book per Share is RM0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Forms (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Computer Forms (Malaysia) Bhd (XKLS:8044) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 30% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.35. 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 Computer Forms (Malaysia) Bhd (XKLS:8044), the current Cyclically Adjusted Book per Share is RM0.35 as of Dec. 2025. 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.

Computer Forms (Malaysia) Bhd Business Description

Address Lot 2, Jalan Usahawan 5, Off Jalan Genting Kelang, PKNS Setapak Industrial Area, Kuala Lumpur, MYS, 53300
Computer Forms (Malaysia) Bhd is engaged in the printing and distributing of computer forms, stock forms, and specialized forms. The company operates through three segments namely Business forms and data print services, Commercial printing, Flexible packaging. It generates maximum revenue from the Flexible packaging segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia. It offers various products such as general computer forms, security forms, mail/pressure seal mailers, stock forms, and optical mark recognition/optical character recognition forms.