Wavefront Bhd (XKLS:8176) Cyclically Adjusted Book per Share: RM0.62 (As of Mar. 2026)


XKLS:8176 Wavefront Bhd XKLS:8176
36 GF Score
Price RM0.12
GF Value RM0.23
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wavefront Bhd Cyclically Adjusted Book per Share?

Wavefront Bhd XKLS:8176 -4.17% 36 Cyclically Adjusted Book per Share is RM0.62 as of Mar. 2026. GuruFocus rates XKLS:8176 with a GF Score™ of 36/100 and a GF Value™ of RM0.23 (Possible Value Trap). 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.

Wavefront Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.308. 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 RM0.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Wavefront Bhd's average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Wavefront Bhd was 7.90% per year. The lowest was -1.10% per year. And the median was 4.30% per year.

As of today (2026-07-07), Wavefront Bhd's current stock price is RM0.115. Wavefront Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.62. Wavefront Bhd's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wavefront Bhd was 6.24. The lowest was 0.17. And the median was 0.48.


Wavefront Bhd  (XKLS:8176) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.115/0.62
=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 Wavefront Bhd was 6.24. The lowest was 0.17. And the median was 0.48.


Be Aware

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


Wavefront Bhd Cyclically Adjusted Book per Share Related Terms


Wavefront Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wavefront 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.

Wavefront Bhd Cyclically Adjusted Book per Share Chart

Wavefront Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.64 0.65 0.64 0.62

Wavefront 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 0.64 0.64 0.63 0.62 0.62

XKLS:8176 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Wavefront 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.


Wavefront Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Wavefront Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:8176
36GF Score
Wavefront Bhd XKLS:8176
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wavefront 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, Wavefront 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)
=0.308/330.2130*330.2130
=0.308

Current CPI (Mar. 2026) = 330.2130.

Wavefront Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.542 241.018 0.743
201609 0.542 241.428 0.741
201612 0.538 241.432 0.736
201703 1.995 243.801 2.702
201706 0.414 244.955 0.558
201709 0.401 246.819 0.536
201712 0.500 246.524 0.670
201803 0.368 249.554 0.487
201806 0.394 251.989 0.516
201809 0.418 252.439 0.547
201812 0.447 251.233 0.588
201903 0.523 254.202 0.679
201906 0.543 256.143 0.700
201909 0.536 256.759 0.689
201912 0.553 256.974 0.711
202003 0.554 258.115 0.709
202006 0.568 257.797 0.728
202009 0.611 260.280 0.775
202012 0.635 260.474 0.805
202103 0.657 264.877 0.819
202106 0.677 271.696 0.823
202109 0.668 274.310 0.804
202112 0.639 278.802 0.757
202203 0.614 287.504 0.705
202206 0.601 296.311 0.670
202209 0.599 296.808 0.666
202212 0.476 296.797 0.530
202303 0.402 301.836 0.440
202306 0.387 305.109 0.419
202309 0.376 307.789 0.403
202312 0.368 306.746 0.396
202403 0.315 312.332 0.333
202406 0.309 314.175 0.325
202409 0.289 315.301 0.303
202412 0.289 315.605 0.302
202503 0.311 319.799 0.321
202506 0.306 322.561 0.313
202509 0.311 324.800 0.316
202512 0.307 324.054 0.313
202603 0.308 330.213 0.308

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 RM0.62 mean?
Wavefront Bhd (XKLS:8176) has a Cyclically Adjusted Book per Share of RM0.62 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 Wavefront Bhd and its competitors.
Is Wavefront Bhd's Cyclically Adjusted Book per Share too high?
Wavefront Bhd's current Cyclically Adjusted Book per Share is RM0.62. Overall, Wavefront Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wavefront Bhd's Cyclically Adjusted Book per Share compare to APH and GLW?
Wavefront Bhd's Cyclically Adjusted Book per Share of RM0.62 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Wavefront Bhd and its competitors. Wavefront Bhd's current Cyclically Adjusted Book per Share is RM0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wavefront Bhd (XKLS:8176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.12 — trading 50% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.62. Wavefront Bhd's overall GF Score™ is 36/100 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 Wavefront Bhd (XKLS:8176), the current Cyclically Adjusted Book per Share is RM0.62 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 Wavefront Bhd (XKLS:8176) Overvalued in 2026?

Based on GuruFocus' analysis, Wavefront Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 50% below its estimated GF Value™ of RM0.23. GuruFocus considers Wavefront Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8176:

  • Cyclically Adjusted Book per Share: RM0.62
  • GF Value™: RM0.23 vs. price of RM0.12 (50% below fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the XKLS:8176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wavefront Bhd Business Description

Address No. 6, Jalan Dewani 1, Kawasan Perindustrian Dewani, Johor Bahru, JHR, MYS, 81100
Wavefront Bhd is an investment holding company. The company is principally involved in the manufacturing and sales of precision plastic injection moulded parts, secondary process, sub-assembly, and full assembly of the finished products for the electronic industry, and is predominantly carried out in Malaysia.
36GF Score

Get the complete analysis for XKLS:8176

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

RM0.12
Price
RM0.23
GF Value