TSH Resources Bhd (XKLS:9059) Cyclically Adjusted Book per Share: RM1.43 (As of Mar. 2026)


XKLS:9059 TSH Resources Bhd XKLS:9059
77 GF Score
Price RM1.16
GF Value RM1.17
Valuation Fairly Valued
! 1 Warning Sign
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What is TSH Resources Bhd Cyclically Adjusted Book per Share?

TSH Resources Bhd XKLS:9059 77 Cyclically Adjusted Book per Share is RM1.43 as of Mar. 2026. GuruFocus rates XKLS:9059 with a GF Score™ of 77/100 and a GF Value™ of RM1.17 (Fairly Valued). The stock has 1 warning sign 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.

TSH Resources Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.498. 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 RM1.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TSH Resources Bhd's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 TSH Resources Bhd was 8.70% per year. The lowest was 5.60% per year. And the median was 8.20% per year.

As of today (2026-07-07), TSH Resources Bhd's current stock price is RM1.16. TSH Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.43. TSH Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TSH Resources Bhd was 1.65. The lowest was 0.68. And the median was 0.91.


TSH Resources Bhd  (XKLS:9059) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.16/1.43
=0.81

* 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 TSH Resources Bhd was 1.65. The lowest was 0.68. And the median was 0.91.


Be Aware

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


TSH Resources Bhd Cyclically Adjusted Book per Share Related Terms


TSH Resources Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TSH Resources 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.

TSH Resources Bhd Cyclically Adjusted Book per Share Chart

TSH Resources 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 1.07 1.19 1.27 1.34 1.40

TSH Resources 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 1.37 1.39 1.40 1.40 1.43

XKLS:9059 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, TSH Resources 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.


TSH Resources Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TSH Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9059
77GF Score
TSH Resources Bhd XKLS:9059
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSH Resources 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, TSH Resources 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)
=1.498/330.2130*330.2130
=1.498

Current CPI (Mar. 2026) = 330.2130.

TSH Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.013 241.018 1.388
201609 1.065 241.428 1.457
201612 1.081 241.432 1.479
201703 1.128 243.801 1.528
201706 1.115 244.955 1.503
201709 1.112 246.819 1.488
201712 1.023 246.524 1.370
201803 0.939 249.554 1.242
201806 0.928 251.989 1.216
201809 0.913 252.439 1.194
201812 0.994 251.233 1.306
201903 0.998 254.202 1.296
201906 1.019 256.143 1.314
201909 1.030 256.759 1.325
201912 1.043 256.974 1.340
202003 0.917 258.115 1.173
202006 1.083 257.797 1.387
202009 1.003 260.280 1.272
202012 1.053 260.474 1.335
202103 1.064 264.877 1.326
202106 1.082 271.696 1.315
202109 1.139 274.310 1.371
202112 1.189 278.802 1.408
202203 1.263 287.504 1.451
202206 1.286 296.311 1.433
202209 1.507 296.808 1.677
202212 1.377 296.797 1.532
202303 1.445 301.836 1.581
202306 1.513 305.109 1.637
202309 1.484 307.789 1.592
202312 1.483 306.746 1.596
202403 1.498 312.332 1.584
202406 1.456 314.175 1.530
202409 1.421 315.301 1.488
202412 1.466 315.605 1.534
202503 1.474 319.799 1.522
202506 1.485 322.561 1.520
202509 1.509 324.800 1.534
202512 1.505 324.054 1.534
202603 1.498 330.213 1.498

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 RM1.43 mean?
TSH Resources Bhd (XKLS:9059) has a Cyclically Adjusted Book per Share of RM1.43 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 TSH Resources Bhd and its competitors.
Is TSH Resources Bhd's Cyclically Adjusted Book per Share too high?
TSH Resources Bhd's current Cyclically Adjusted Book per Share is RM1.43. Overall, TSH Resources Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH Resources Bhd's Cyclically Adjusted Book per Share compare to ADM and BG?
TSH Resources Bhd's Cyclically Adjusted Book per Share of RM1.43 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 TSH Resources Bhd and its competitors. TSH Resources Bhd's current Cyclically Adjusted Book per Share is RM1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, TSH Resources Bhd (XKLS:9059) is currently considered Fairly Valued. The stock's GF Value™ is RM1.17, compared to a current price of RM1.16 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.43. TSH Resources Bhd's overall GF Score™ is 77/100 with 1 warning sign 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 TSH Resources Bhd (XKLS:9059), the current Cyclically Adjusted Book per Share is RM1.43 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 TSH Resources Bhd (XKLS:9059) Overvalued in 2026?

Based on GuruFocus' analysis, TSH Resources Bhd stock appears to be undervalued. The current stock price of RM1.16 is trading 0.9% below its estimated GF Value™ of RM1.17. GuruFocus considers TSH Resources Bhd to be Fairly Valued.

Key valuation signals for XKLS:9059:

  • Cyclically Adjusted Book per Share: RM1.43
  • GF Value™: RM1.17 vs. price of RM1.16 (0.9% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the XKLS:9059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSH Resources Bhd Business Description

Other Exchanges TSH:Singapore
Address No. 8, Jalan Semantan, Level 10, Menara TSH, Damansara Heights, Kuala Lumpur, MYS, 50490
TSH Resources Bhd is an investment holding and forest plantation. The principal activities of the subsidiaries are involved in investment holding, oil palm cultivation and processing, generation and supply of electricity from biomass plants, forest plantation, manufacture and sales of downstream wood products, and other related business activities. The company has two reportable segments, namely Palm products and Others. It generates maximum revenue from the Palm products segment. The company's geographical segments are Malaysia, Indonesia, the United States of America, the Southwest Pacific, and Others. It generates the majority of its revenue from Indonesia.
77GF Score

Get the complete analysis for XKLS:9059

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

RM1.16
Price
RM1.17
GF Value