Multi-Usage Holdings Bhd (XKLS:9539) Cyclically Adjusted Book per Share: RM1.57 (As of Mar. 2026)


XKLS:9539 Multi-Usage Holdings Bhd XKLS:9539
60 GF Score
Price RM0.34
GF Value RM0.45
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Multi-Usage Holdings Bhd Cyclically Adjusted Book per Share?

Multi-Usage Holdings Bhd XKLS:9539 -8.11% 60 Cyclically Adjusted Book per Share is RM1.57 as of Mar. 2026. GuruFocus rates XKLS:9539 with a GF Score™ of 60/100 and a GF Value™ of RM0.45 (Modestly Undervalued). 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.

Multi-Usage Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.588. 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 RM1.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Multi-Usage Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Multi-Usage Holdings Bhd was 8.20% per year. The lowest was 4.70% per year. And the median was 6.45% per year.

As of today (2026-07-05), Multi-Usage Holdings Bhd's current stock price is RM0.34. Multi-Usage Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.57. Multi-Usage Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Multi-Usage Holdings Bhd was 0.72. The lowest was 0.21. And the median was 0.35.


Multi-Usage Holdings Bhd  (XKLS:9539) 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.

Multi-Usage Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.34/1.57
=0.22

* 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 Multi-Usage Holdings Bhd was 0.72. The lowest was 0.21. And the median was 0.35.


Be Aware

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


Multi-Usage Holdings Bhd Cyclically Adjusted Book per Share Related Terms


Multi-Usage Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Multi-Usage 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.

Multi-Usage Holdings Bhd Cyclically Adjusted Book per Share Chart

Multi-Usage Holdings Bhd Annual Data
Trend Dec14 Jun17 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 1.20 1.36 1.44 1.52 1.56

Multi-Usage 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 1.55 1.56 1.56 1.55 1.57

Multi-Usage Holdings Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Multi-Usage 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.


Multi-Usage Holdings Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Multi-Usage Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9539
60GF Score
Multi-Usage Holdings Bhd XKLS:9539
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multi-Usage 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, Multi-Usage 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)
=1.588/330.2130*330.2130
=1.588

Current CPI (Mar. 2026) = 330.2130.

Multi-Usage Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 1.337 241.428 1.829
201612 1.340 241.432 1.833
201703 1.300 243.801 1.761
201706 1.295 244.955 1.746
201709 1.274 246.819 1.704
201712 1.238 246.524 1.658
201803 1.225 249.554 1.621
201806 1.189 251.989 1.558
201809 1.174 252.439 1.536
201812 1.169 251.233 1.536
201903 1.160 254.202 1.507
201906 1.179 256.143 1.520
201909 1.167 256.759 1.501
201912 1.158 256.974 1.488
202003 1.142 258.115 1.461
202006 1.126 257.797 1.442
202009 1.136 260.280 1.441
202012 1.147 260.474 1.454
202103 1.173 264.877 1.462
202106 1.223 271.696 1.486
202109 1.233 274.310 1.484
202112 1.255 278.802 1.486
202203 1.333 287.504 1.531
202206 1.368 296.311 1.525
202209 1.418 296.808 1.578
202212 1.423 296.797 1.583
202303 1.428 301.836 1.562
202306 1.444 305.109 1.563
202309 1.454 307.789 1.560
202312 1.442 306.746 1.552
202403 1.428 312.332 1.510
202406 1.526 314.175 1.604
202409 1.534 315.301 1.607
202412 1.543 315.605 1.614
202503 1.559 319.799 1.610
202506 1.563 322.561 1.600
202509 1.573 324.800 1.599
202512 1.566 324.054 1.596
202603 1.588 330.213 1.588

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 RM1.57 mean?
Multi-Usage Holdings Bhd (XKLS:9539) has a Cyclically Adjusted Book per Share of RM1.57 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 Multi-Usage Holdings Bhd and its competitors.
Is Multi-Usage Holdings Bhd's Cyclically Adjusted Book per Share too high?
Multi-Usage Holdings Bhd's current Cyclically Adjusted Book per Share is RM1.57. Overall, Multi-Usage Holdings Bhd has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi-Usage Holdings Bhd's Cyclically Adjusted Book per Share compare to competitors?
Multi-Usage Holdings Bhd's Cyclically Adjusted Book per Share of RM1.57 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Multi-Usage Holdings Bhd and its competitors. Multi-Usage Holdings Bhd's current Cyclically Adjusted Book per Share is RM1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Usage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Multi-Usage Holdings Bhd (XKLS:9539) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.45, compared to a current price of RM0.34 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.57. Multi-Usage Holdings Bhd's overall GF Score™ is 60/100 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 Multi-Usage Holdings Bhd (XKLS:9539), the current Cyclically Adjusted Book per Share is RM1.57 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 Multi-Usage Holdings Bhd (XKLS:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Multi-Usage Holdings Bhd stock appears to be undervalued. The current stock price of RM0.34 is trading 24.4% below its estimated GF Value™ of RM0.45. GuruFocus considers Multi-Usage Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9539:

  • Cyclically Adjusted Book per Share: RM1.57
  • GF Value™: RM0.45 vs. price of RM0.34 (24.4% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the XKLS:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Multi-Usage Holdings Bhd Business Description

Address 39, Jalan Sultan Ahmad Shah, 12A-03, Menara Boustead Penang, George Town, PNG, MYS, 10050
Multi-Usage Holdings Bhd is a Malaysia-based company, which is engaged in the provision of fire resistance bricks, precast concrete hollow blocks, precast concrete paving blocks, allan blocks, precast reinforced concrete box culverts, and ready mix concrete. The company's segments includes Property Development, Contracting, and Others. Property development segment undertakes the development of commercial and residential properties. Contracting segment includes the contracting works for the construction project. Others segment consists of Investment holding and provision of management services.
60GF Score

Get the complete analysis for XKLS:9539

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

RM0.34
Price
RM0.45
GF Value