FSBM Holdings Bhd (XKLS:9377) Cyclically Adjusted Book per Share: RM0.04 (As of Mar. 2026)


XKLS:9377 FSBM Holdings Bhd XKLS:9377
31 GF Score
Price RM0.21
GF Value RM0.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FSBM Holdings Bhd Cyclically Adjusted Book per Share?

FSBM Holdings Bhd XKLS:9377 -2.33% 31 Cyclically Adjusted Book per Share is RM0.04 as of Mar. 2026. GuruFocus rates XKLS:9377 with a GF Score™ of 31/100 and a GF Value™ of RM0.28 (Modestly Undervalued). The stock has 4 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.

FSBM Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.039. 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 RM0.04 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.00% 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 FSBM Holdings Bhd was -17.00% per year. The lowest was -26.30% per year. And the median was -21.65% per year.

As of today (2026-07-10), FSBM Holdings Bhd's current stock price is RM0.21. FSBM Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.04. FSBM Holdings Bhd's Cyclically Adjusted PB Ratio of today is 5.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FSBM Holdings Bhd was 10.75. The lowest was 0.81. And the median was 5.25.


FSBM Holdings Bhd  (XKLS:9377) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.21/0.04
=5.25

* 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 FSBM Holdings Bhd was 10.75. The lowest was 0.81. And the median was 5.25.


Be Aware

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


FSBM Holdings Bhd Cyclically Adjusted Book per Share Related Terms


FSBM Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for FSBM 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.

FSBM Holdings Bhd Cyclically Adjusted Book per Share Chart

FSBM Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.07 0.05 0.04 0.04

FSBM 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 0.04 0.04 0.04 0.04 0.04

XKLS:9377 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, FSBM 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.


FSBM Holdings Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


XKLS:9377
31GF Score
FSBM Holdings Bhd XKLS:9377
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FSBM 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, FSBM 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)
=0.039/330.2130*330.2130
=0.039

Current CPI (Mar. 2026) = 330.2130.

FSBM Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.044 236.525 0.061
201603 0.044 238.132 0.061
201606 0.026 241.018 0.036
201609 0.023 241.428 0.031
201612 0.025 241.432 0.034
201703 0.026 243.801 0.035
201706 0.025 244.955 0.034
201709 0.025 246.819 0.033
201712 0.024 246.524 0.032
201803 0.023 249.554 0.030
201806 0.022 251.989 0.029
201809 0.022 252.439 0.029
201812 0.022 251.233 0.029
201903 0.021 254.202 0.027
201909 0.020 256.759 0.026
202003 0.019 258.115 0.024
202006 0.018 257.797 0.023
202009 0.018 260.280 0.023
202012 0.017 260.474 0.022
202103 0.017 264.877 0.021
202106 0.016 271.696 0.019
202109 0.016 274.310 0.019
202112 -0.011 278.802 -0.013
202203 -0.009 287.504 -0.010
202206 0.029 296.311 0.032
202209 0.032 296.808 0.036
202212 0.038 296.797 0.042
202303 0.039 301.836 0.043
202306 0.040 305.109 0.043
202309 0.051 307.789 0.055
202312 0.054 306.746 0.058
202403 0.055 312.332 0.058
202406 0.055 314.175 0.058
202409 0.053 315.301 0.056
202412 0.052 315.605 0.054
202503 0.050 319.799 0.052
202506 0.049 322.561 0.050
202509 0.045 324.800 0.046
202512 0.032 324.054 0.033
202603 0.039 330.213 0.039

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 RM0.04 mean?
FSBM Holdings Bhd (XKLS:9377) has a Cyclically Adjusted Book per Share of RM0.04 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 FSBM Holdings Bhd and its competitors.
Is FSBM Holdings Bhd's Cyclically Adjusted Book per Share too high?
FSBM Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.04. Overall, FSBM Holdings Bhd has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FSBM Holdings Bhd's Cyclically Adjusted Book per Share compare to SNX and ARW?
FSBM Holdings Bhd's Cyclically Adjusted Book per Share of RM0.04 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 FSBM Holdings Bhd and its competitors. FSBM Holdings Bhd's current Cyclically Adjusted Book per Share is RM0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSBM Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, FSBM Holdings Bhd (XKLS:9377) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.21 — trading 25% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.04. FSBM Holdings Bhd's overall GF Score™ is 31/100 with 4 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 FSBM Holdings Bhd (XKLS:9377), the current Cyclically Adjusted Book per Share is RM0.04 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 FSBM Holdings Bhd (XKLS:9377) Overvalued in 2026?

Based on GuruFocus' analysis, FSBM Holdings Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 25% below its estimated GF Value™ of RM0.28. GuruFocus considers FSBM Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9377:

  • Cyclically Adjusted Book per Share: RM0.04
  • GF Value™: RM0.28 vs. price of RM0.21 (25% below fair value)
  • GF Score™: 31/100 with 4 warning signs

No single metric tells the full story. See the XKLS:9377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FSBM Holdings Bhd Business Description

Address 8, Jalan PJU 7/6, PJU 7, L3-02, KYM Tower, Mutiara Damansara, Kuala Lumpur, SGR, MYS, 47800
FSBM Holdings Bhd is an investment holding company that distributes computers, computer-related products, education-related products, and the provision of related services. The company's reportable segments: The platform design and development include the development of web-based and mobile platforms for customers. The Refurbishment services include refurbishment of pre-owned IT hardware. The lease services include the leasing of IT hardware. The technical support and maintenance services include after-sales service following the completion of the platform design and development projects. Smart manufacturing solutions provides manpower services in respect of system integration, commissioning and setup services, and Managed security service offers network security solutions and others.
31GF Score

Get the complete analysis for XKLS:9377

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

RM0.21
Price
RM0.28
GF Value