Industronics Bhd (XKLS:9393) Cyclically Adjusted Book per Share: RM0.11 (As of Mar. 2026)


What is Industronics Bhd Cyclically Adjusted Book per Share?

Industronics Bhd XKLS:9393 -16.67% Cyclically Adjusted Book per Share is RM0.11 as of Mar. 2026. 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.

Industronics Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM0.016. 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 RM0.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Industronics Bhd's average Cyclically Adjusted Book Growth Rate was -26.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.60% 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 Industronics Bhd was -16.60% per year. The lowest was -20.60% per year. And the median was -18.60% per year.

As of today (2026-07-12), Industronics Bhd's current stock price is RM0.025. Industronics Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.11. Industronics Bhd's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Industronics Bhd was 1.59. The lowest was 0.09. And the median was 0.26.


Industronics Bhd  (XKLS:9393) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.025/0.11
=0.23

* 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 Industronics Bhd was 1.59. The lowest was 0.09. And the median was 0.26.


Be Aware

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


Industronics Bhd Cyclically Adjusted Book per Share Related Terms


Industronics Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Industronics 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.

Industronics Bhd Cyclically Adjusted Book per Share Chart

Industronics Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.28 0.24 0.18 0.14

Industronics Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.15 0.14 0.13 0.12 0.11

XKLS:9393 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Industronics 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.


Industronics Bhd Cyclically Adjusted PB Ratio vs Hardware Industry

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

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



Industronics 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, Industronics 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)
=0.016/330.2130*330.2130
=0.016

Current CPI (Mar. 2026) = 330.2130.

Industronics Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.246 238.132 0.341
201606 0.226 241.018 0.310
201609 0.221 241.428 0.302
201612 0.206 241.432 0.282
201703 0.179 243.801 0.242
201706 0.158 244.955 0.213
201709 0.145 246.819 0.194
201712 0.138 246.524 0.185
201803 0.119 249.554 0.157
201806 0.118 251.989 0.155
201809 0.130 252.439 0.170
201812 0.120 251.233 0.158
201903 0.102 254.202 0.132
201906 0.085 256.143 0.110
201909 0.089 256.759 0.114
201912 0.096 256.974 0.123
202003 0.086 258.115 0.110
202006 0.073 257.797 0.094
202009 0.059 260.280 0.075
202012 0.064 260.474 0.081
202103 0.054 264.877 0.067
202106 0.048 271.696 0.058
202109 0.040 274.310 0.048
202112 0.039 278.802 0.046
202203 0.040 287.504 0.046
202206 0.040 296.311 0.045
202209 0.040 296.808 0.045
202212 0.030 296.797 0.033
202303 0.049 301.836 0.054
202309 0.055 307.789 0.059
202312 0.051 306.746 0.055
202403 0.050 312.332 0.053
202406 0.032 314.175 0.034
202409 0.039 315.301 0.041
202412 0.039 315.605 0.041
202503 0.036 319.799 0.037
202506 0.033 322.561 0.034
202509 0.031 324.800 0.032
202512 0.018 324.054 0.018
202603 0.016 330.213 0.016

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 RM0.11 mean?
Industronics Bhd (XKLS:9393) has a Cyclically Adjusted Book per Share of RM0.11 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 Industronics Bhd and its competitors.
Is Industronics Bhd's Cyclically Adjusted Book per Share too high?
Industronics Bhd's current Cyclically Adjusted Book per Share is RM0.11.
How does Industronics Bhd's Cyclically Adjusted Book per Share compare to APH and GLW?
Industronics Bhd's Cyclically Adjusted Book per Share of RM0.11 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 Industronics Bhd and its competitors. Industronics Bhd's current Cyclically Adjusted Book per Share is RM0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industronics Bhd stock overvalued right now?
Based on GuruFocus' analysis, Industronics Bhd (XKLS:9393) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM0.11. 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 Industronics Bhd (XKLS:9393), the current Cyclically Adjusted Book per Share is RM0.11 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.

Industronics Bhd Business Description

Address No.18, Jalan Persiaran Barat, Unit No. EL-11-01, Amcorp Business Suite, Menara Melawangi, Pusat Perdagangan Amcorp, Petaling Jaya, SGR, MYS, 46050
Industronics Bhd is engaged in design and manufacturing of electronic products. The operating segment of the company are Electronics and system integration; Security systems, mechanical and electrical engineering; and Trading and services operations and Food and beverage. Its revenue generating segment Trading & services involves in trading of precision instruments (watches), provision of cloud service and general trading, maintenance, and supply of industrial electronic equipment. Intelligent transportation system and system integration projects involving Information Communication Technology, supply and service of telecommunication equipment, audio visual multimedia systems. Geographically, the company mainly operates in Malaysia and Hong Kong.