Federal International Holdings Bhd (XKLS:8605) Cyclically Adjusted Book per Share: RM0.91 (As of Mar. 2026)


XKLS:8605 Federal International Holdings Bhd XKLS:8605
48 GF Score
Price RM0.28
GF Value RM0.31
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Federal International Holdings Bhd Cyclically Adjusted Book per Share?

Federal International Holdings Bhd XKLS:8605 48 Cyclically Adjusted Book per Share is RM0.91 as of Mar. 2026. GuruFocus rates XKLS:8605 with a GF Score™ of 48/100 and a GF Value™ of RM0.31 (Modestly Undervalued). The stock has 9 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.

Federal International Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.790. 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 RM0.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Federal International Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Federal International Holdings Bhd was 11.40% per year. The lowest was 8.40% per year. And the median was 10.80% per year.

As of today (2026-07-08), Federal International Holdings Bhd's current stock price is RM0.275. Federal International Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.91. Federal International Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Federal International Holdings Bhd was 1.18. The lowest was 0.28. And the median was 0.71.


Federal International Holdings Bhd  (XKLS:8605) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.275/0.91
=0.30

* 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 Federal International Holdings Bhd was 1.18. The lowest was 0.28. And the median was 0.71.


Be Aware

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


Federal International Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Federal International Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Federal International 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.

Federal International Holdings Bhd Cyclically Adjusted Book per Share Chart

Federal International Holdings Bhd Annual Data
Trend Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.69 0.76 0.83 0.88

Federal International 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 0.87 0.88 0.89 0.89 0.91

XKLS:8605 vs DHI, PHM, LEN: Cyclically Adjusted Book per Share Comparison

For the Residential Construction subindustry, Federal International 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.


Federal International Holdings Bhd Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Federal International Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:8605
48GF Score
Federal International Holdings Bhd XKLS:8605
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal International 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, Federal International 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)
=0.79/330.2130*330.2130
=0.790

Current CPI (Mar. 2026) = 330.2130.

Federal International Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.529 238.132 0.734
201606 0.546 241.018 0.748
201609 0.498 241.428 0.681
201612 0.809 241.432 1.106
201703 0.789 243.801 1.069
201709 0.776 246.819 1.038
201712 0.788 246.524 1.056
201803 0.807 249.554 1.068
201806 0.478 251.989 0.626
201809 0.871 252.439 1.139
201812 0.882 251.233 1.159
201903 0.900 254.202 1.169
201906 0.528 256.143 0.681
201909 0.936 256.759 1.204
201912 0.949 256.974 1.219
202003 0.586 258.115 0.750
202006 0.602 257.797 0.771
202009 0.619 260.280 0.785
202012 0.625 260.474 0.792
202103 0.633 264.877 0.789
202106 0.644 271.696 0.783
202109 0.871 274.310 1.049
202112 0.640 278.802 0.758
202203 0.896 287.504 1.029
202206 0.699 296.311 0.779
202209 0.938 296.808 1.044
202212 0.952 296.797 1.059
202303 0.910 301.836 0.996
202306 0.760 305.109 0.823
202309 0.985 307.789 1.057
202312 0.995 306.746 1.071
202403 0.800 312.332 0.846
202406 0.758 314.175 0.797
202409 0.799 315.301 0.837
202412 0.757 315.605 0.792
202503 0.755 319.799 0.780
202506 0.800 322.561 0.819
202509 0.836 324.800 0.850
202512 0.794 324.054 0.809
202603 0.790 330.213 0.790

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 RM0.91 mean?
Federal International Holdings Bhd (XKLS:8605) has a Cyclically Adjusted Book per Share of RM0.91 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 Federal International Holdings Bhd and its competitors.
Is Federal International Holdings Bhd's Cyclically Adjusted Book per Share too high?
Federal International Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.91. Overall, Federal International Holdings Bhd has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Federal International Holdings Bhd's Cyclically Adjusted Book per Share compare to DHI and PHM?
Federal International Holdings Bhd's Cyclically Adjusted Book per Share of RM0.91 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good Cyclically Adjusted Book per Share depends on the Homebuilding & 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 Federal International Holdings Bhd and its competitors. Federal International Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal International Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Federal International Holdings Bhd (XKLS:8605) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.28 — trading 11.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.91. Federal International Holdings Bhd's overall GF Score™ is 48/100 with 9 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 Federal International Holdings Bhd (XKLS:8605), the current Cyclically Adjusted Book per Share is RM0.91 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 Federal International Holdings Bhd (XKLS:8605) Overvalued in 2026?

Based on GuruFocus' analysis, Federal International Holdings Bhd stock appears to be undervalued. The current stock price of RM0.28 is trading 11.3% below its estimated GF Value™ of RM0.31. GuruFocus considers Federal International Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8605:

  • Cyclically Adjusted Book per Share: RM0.91
  • GF Value™: RM0.31 vs. price of RM0.28 (11.3% below fair value)
  • GF Score™: 48/100 with 9 warning signs

No single metric tells the full story. See the XKLS:8605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal International Holdings Bhd Business Description

Other Exchanges 8605PB.PFD:Malaysia
Address No. 1B, Jalan Yong Shook Lin, Section 7, Level P1, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050
Federal International Holdings Bhd is engaged in the business of investment holding. Through its subsidiaries it provides renovation and interior fit-out works, trading of home furnishings, home appliances and general building materials, manufacturing and export of furniture, construction services and designers, assembles, integrators, decorates, furnishers, woodworkers, consultants and contractors for all type of projects. Its segments include Manufacturing and trading of furniture; Construction and interior fit out; and investment holding. It derives majority of the revenue from Construction and interior fit out segment.
48GF Score

Get the complete analysis for XKLS:8605

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

RM0.28
Price
RM0.31
GF Value