Formosa Prosonic Industries Bhd (XKLS:9172) Cyclically Adjusted Book per Share: RM1.75 (As of Mar. 2026)


XKLS:9172 Formosa Prosonic Industries Bhd XKLS:9172
70 GF Score
Price RM0.94
GF Value RM1.44
Valuation Possible Value Trap
! 3 Warning Signs
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What is Formosa Prosonic Industries Bhd Cyclically Adjusted Book per Share?

Formosa Prosonic Industries Bhd XKLS:9172 +2.73% 70 Cyclically Adjusted Book per Share is RM1.75 as of Mar. 2026. GuruFocus rates XKLS:9172 with a GF Score™ of 70/100 and a GF Value™ of RM1.44 (Possible Value Trap). The stock has 3 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.

Formosa Prosonic Industries Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.189. 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 RM1.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Formosa Prosonic Industries Bhd's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Formosa Prosonic Industries Bhd was 10.20% per year. The lowest was 7.60% per year. And the median was 9.50% per year.

As of today (2026-07-09), Formosa Prosonic Industries Bhd's current stock price is RM0.94. Formosa Prosonic Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.75. Formosa Prosonic Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Formosa Prosonic Industries Bhd was 3.82. The lowest was 0.48. And the median was 1.89.


Formosa Prosonic Industries Bhd  (XKLS:9172) 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.

Formosa Prosonic Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.94/1.75
=0.54

* 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 Formosa Prosonic Industries Bhd was 3.82. The lowest was 0.48. And the median was 1.89.


Be Aware

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


Formosa Prosonic Industries Bhd Cyclically Adjusted Book per Share Related Terms


Formosa Prosonic Industries Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Formosa Prosonic Industries 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.

Formosa Prosonic Industries Bhd Cyclically Adjusted Book per Share Chart

Formosa Prosonic Industries 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 1.24 1.38 1.50 1.63 1.72

Formosa Prosonic Industries 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 1.66 1.70 1.72 1.72 1.75

XKLS:9172 vs AAPL: Cyclically Adjusted Book per Share Comparison

For the Consumer Electronics subindustry, Formosa Prosonic Industries 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.


Formosa Prosonic Industries Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


XKLS:9172
70GF Score
Formosa Prosonic Industries Bhd XKLS:9172
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Formosa Prosonic Industries 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, Formosa Prosonic Industries 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)
=1.189/330.2130*330.2130
=1.189

Current CPI (Mar. 2026) = 330.2130.

Formosa Prosonic Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.963 241.018 1.319
201609 0.997 241.428 1.364
201612 1.018 241.432 1.392
201703 0.992 243.801 1.344
201706 1.021 244.955 1.376
201709 1.077 246.819 1.441
201712 1.115 246.524 1.494
201803 1.142 249.554 1.511
201806 1.092 251.989 1.431
201809 1.159 252.439 1.516
201812 1.185 251.233 1.558
201903 1.217 254.202 1.581
201906 1.153 256.143 1.486
201909 1.218 256.759 1.566
201912 1.253 256.974 1.610
202003 1.276 258.115 1.632
202006 1.200 257.797 1.537
202009 1.304 260.280 1.654
202012 1.355 260.474 1.718
202103 1.436 264.877 1.790
202106 1.390 271.696 1.689
202109 1.503 274.310 1.809
202112 1.633 278.802 1.934
202203 1.739 287.504 1.997
202206 1.667 296.311 1.858
202209 1.840 296.808 2.047
202212 1.874 296.797 2.085
202303 1.914 301.836 2.094
202306 1.802 305.109 1.950
202309 1.994 307.789 2.139
202312 2.122 306.746 2.284
202403 2.235 312.332 2.363
202406 2.095 314.175 2.202
202409 2.024 315.301 2.120
202412 2.152 315.605 2.252
202503 2.014 319.799 2.080
202506 2.010 322.561 2.058
202509 2.090 324.800 2.125
202512 1.279 324.054 1.303
202603 1.189 330.213 1.189

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 RM1.75 mean?
Formosa Prosonic Industries Bhd (XKLS:9172) has a Cyclically Adjusted Book per Share of RM1.75 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 Formosa Prosonic Industries Bhd and its competitors.
Is Formosa Prosonic Industries Bhd's Cyclically Adjusted Book per Share too high?
Formosa Prosonic Industries Bhd's current Cyclically Adjusted Book per Share is RM1.75. Overall, Formosa Prosonic Industries Bhd has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Formosa Prosonic Industries Bhd's Cyclically Adjusted Book per Share compare to AAPL?
Formosa Prosonic Industries Bhd's Cyclically Adjusted Book per Share of RM1.75 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 Formosa Prosonic Industries Bhd and its competitors. Formosa Prosonic Industries Bhd's current Cyclically Adjusted Book per Share is RM1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Prosonic Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Formosa Prosonic Industries Bhd (XKLS:9172) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.44, compared to a current price of RM0.94 — trading 34.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.75. Formosa Prosonic Industries Bhd's overall GF Score™ is 70/100 with 3 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 Formosa Prosonic Industries Bhd (XKLS:9172), the current Cyclically Adjusted Book per Share is RM1.75 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 Formosa Prosonic Industries Bhd (XKLS:9172) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Prosonic Industries Bhd stock appears to be undervalued. The current stock price of RM0.94 is trading 34.7% below its estimated GF Value™ of RM1.44. GuruFocus considers Formosa Prosonic Industries Bhd to be Possible Value Trap.

Key valuation signals for XKLS:9172:

  • Cyclically Adjusted Book per Share: RM1.75
  • GF Value™: RM1.44 vs. price of RM0.94 (34.7% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the XKLS:9172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Prosonic Industries Bhd Business Description

Address No. 1, Lebuh Sultan Mohamad 1, Bandar Sultan Suleiman, Port Klang, SGR, MYS, 42000
Formosa Prosonic Industries Bhd is a Malaysian based company. Together with its subsidiaries the company is engaged in manufacturing, assembly and sales of High quality speaker systems, investment holding. Its reportable segments are Malaysia and United Kingdom with the majority of the revenue generated from Malaysia. Its product portfolio includes wireless speaker products, conventional speaker products, musical instrument products and acoustic products. It also offers services including design services, manufacturing services, supply chain support and quality systems.
70GF Score

Get the complete analysis for XKLS:9172

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

RM0.94
Price
RM1.44
GF Value