Concrete Engineering Products Bhd (XKLS:8435) Cyclically Adjusted Book per Share: RM1.34 (As of Feb. 2026)


XKLS:8435 Concrete Engineering Products Bhd XKLS:8435
31 GF Score
Price RM3.76
GF Value RM0.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Concrete Engineering Products Bhd Cyclically Adjusted Book per Share?

Concrete Engineering Products Bhd XKLS:8435 31 Cyclically Adjusted Book per Share is RM1.34 as of Feb. 2026. GuruFocus rates XKLS:8435 with a GF Score™ of 31/100 and a GF Value™ of RM0.59 (Significantly Overvalued). 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.

Concrete Engineering Products Bhd's adjusted book value per share for the three months ended in Feb. 2026 was RM1.167. 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 RM1.34 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Concrete Engineering Products Bhd's average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.10% 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 Concrete Engineering Products Bhd was 1.40% per year. The lowest was -3.80% per year. And the median was -1.40% per year.

As of today (2026-07-04), Concrete Engineering Products Bhd's current stock price is RM3.76. Concrete Engineering Products Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was RM1.34. Concrete Engineering Products Bhd's Cyclically Adjusted PB Ratio of today is 2.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Concrete Engineering Products Bhd was 3.13. The lowest was 0.32. And the median was 0.65.


Concrete Engineering Products Bhd  (XKLS:8435) 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.

Concrete Engineering Products Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.76/1.34
=2.81

* 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 Concrete Engineering Products Bhd was 3.13. The lowest was 0.32. And the median was 0.65.


Be Aware

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


Concrete Engineering Products Bhd Cyclically Adjusted Book per Share Related Terms


Concrete Engineering Products Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Concrete Engineering Products 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.

Concrete Engineering Products Bhd Cyclically Adjusted Book per Share Chart

Concrete Engineering Products Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.55 1.50 1.44 1.38

Concrete Engineering Products Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.40 1.39 1.38 1.35 1.34

XKLS:8435 vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Concrete Engineering Products 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.


Concrete Engineering Products Bhd Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Concrete Engineering Products Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:8435
31GF Score
Concrete Engineering Products Bhd XKLS:8435
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Concrete Engineering Products 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, Concrete Engineering Products Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1.167/326.7850*326.7850
=1.167

Current CPI (Feb. 2026) = 326.7850.

Concrete Engineering Products Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201605 1.564 240.229 2.128
201608 1.592 240.849 2.160
201611 1.551 241.353 2.100
201702 1.528 243.603 2.050
201705 1.517 244.733 2.026
201708 1.522 245.519 2.026
201711 1.503 246.669 1.991
201802 1.492 248.991 1.958
201805 1.461 251.588 1.898
201808 1.448 252.146 1.877
201811 1.412 252.038 1.831
201902 1.376 252.776 1.779
201905 1.335 256.092 1.704
201908 1.280 256.558 1.630
201911 1.273 257.208 1.617
202002 1.202 258.678 1.518
202005 1.156 256.394 1.473
202008 1.050 259.918 1.320
202011 1.016 260.229 1.276
202102 0.910 263.014 1.131
202105 0.879 269.195 1.067
202108 0.830 273.567 0.991
202111 0.790 277.948 0.929
202202 0.770 283.716 0.887
202205 0.753 292.296 0.842
202208 0.833 296.171 0.919
202211 0.780 297.711 0.856
202302 0.754 300.840 0.819
202305 0.773 304.127 0.831
202308 0.847 307.026 0.902
202311 0.834 307.051 0.888
202402 0.823 310.326 0.867
202405 0.771 314.069 0.802
202408 0.795 314.796 0.825
202411 0.715 315.493 0.741
202502 0.680 319.082 0.696
202505 0.846 321.465 0.860
202508 1.170 323.976 1.180
202511 1.132 324.122 1.141
202602 1.167 326.785 1.167

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 RM1.34 mean?
Concrete Engineering Products Bhd (XKLS:8435) has a Cyclically Adjusted Book per Share of RM1.34 as of Feb. 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 Concrete Engineering Products Bhd and its competitors.
Is Concrete Engineering Products Bhd's Cyclically Adjusted Book per Share too high?
Concrete Engineering Products Bhd's current Cyclically Adjusted Book per Share is RM1.34. Overall, Concrete Engineering Products Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrete Engineering Products Bhd's Cyclically Adjusted Book per Share compare to CRH and VMC?
Concrete Engineering Products Bhd's Cyclically Adjusted Book per Share of RM1.34 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Concrete Engineering Products Bhd and its competitors. Concrete Engineering Products Bhd's current Cyclically Adjusted Book per Share is RM1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrete Engineering Products Bhd stock overvalued right now?
Based on GuruFocus' analysis, Concrete Engineering Products Bhd (XKLS:8435) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.59, compared to a current price of RM3.76 — trading 537.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.34. Concrete Engineering Products Bhd's overall GF Score™ is 31/100 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 Concrete Engineering Products Bhd (XKLS:8435), the current Cyclically Adjusted Book per Share is RM1.34 as of Feb. 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 Concrete Engineering Products Bhd (XKLS:8435) Overvalued in 2026?

Based on GuruFocus' analysis, Concrete Engineering Products Bhd stock appears to be overvalued. The current stock price of RM3.76 is trading 537.3% above its estimated GF Value™ of RM0.59. GuruFocus considers Concrete Engineering Products Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:8435:

  • Cyclically Adjusted Book per Share: RM1.34
  • GF Value™: RM0.59 vs. price of RM3.76 (537.3% above fair value)
  • GF Score™: 31/100 with 5 warning signs

No single metric tells the full story. See the XKLS:8435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concrete Engineering Products Bhd Business Description

Address Jalan Sultan Ismail, 26th Floor, Menara Promet KH, Kuala Lumpur, SGR, MYS, 50250
Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation purposes in buildings, pile embankments, bridges, ports, and marine structures. The poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives the majority of its revenue from Malaysia and also operates in Southeast Asia.
31GF Score

Get the complete analysis for XKLS:8435

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

RM3.76
Price
RM0.59
GF Value