Ideal Capital Bhd (XKLS:9687) Cyclically Adjusted Book per Share: RM1.38 (As of Mar. 2026)


XKLS:9687 Ideal Capital Bhd XKLS:9687
89 GF Score
Price RM3.72
GF Value RM5.39
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ideal Capital Bhd Cyclically Adjusted Book per Share?

Ideal Capital Bhd XKLS:9687 89 Cyclically Adjusted Book per Share is RM1.38 as of Mar. 2026. GuruFocus rates XKLS:9687 with a GF Score™ of 89/100 and a GF Value™ of RM5.39 (Significantly 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.

Ideal Capital Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.787. 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 RM1.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ideal Capital Bhd's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 Ideal Capital Bhd was 13.10% per year. The lowest was 11.50% per year. And the median was 12.65% per year.

As of today (2026-07-02), Ideal Capital Bhd's current stock price is RM3.72. Ideal Capital Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.38. Ideal Capital Bhd's Cyclically Adjusted PB Ratio of today is 2.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ideal Capital Bhd was 3.57. The lowest was 1.17. And the median was 2.11.


Ideal Capital Bhd  (XKLS:9687) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.72/1.38
=2.70

* 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 Ideal Capital Bhd was 3.57. The lowest was 1.17. And the median was 2.11.


Be Aware

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


Ideal Capital Bhd Cyclically Adjusted Book per Share Related Terms


Ideal Capital Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ideal Capital 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.

Ideal Capital Bhd Cyclically Adjusted Book per Share Chart

Ideal Capital 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 0.84 0.96 1.07 1.20 1.33

Ideal Capital 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 1.24 1.27 1.31 1.33 1.38

Ideal Capital Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Ideal Capital 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.


Ideal Capital Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ideal Capital Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKLS:9687
89GF Score
Ideal Capital Bhd XKLS:9687
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ideal Capital 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, Ideal Capital 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)
=1.787/330.2130*330.2130
=1.787

Current CPI (Mar. 2026) = 330.2130.

Ideal Capital Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.635 241.018 0.870
201609 0.655 241.428 0.896
201612 0.701 241.432 0.959
201703 0.722 243.801 0.978
201706 0.750 244.955 1.011
201709 0.786 246.819 1.052
201712 0.848 246.524 1.136
201803 0.986 249.554 1.305
201806 1.126 251.989 1.476
201809 1.203 252.439 1.574
201812 1.324 251.233 1.740
201903 1.434 254.202 1.863
201906 1.143 256.143 1.474
201909 1.177 256.759 1.514
201912 1.192 256.974 1.532
202003 1.136 258.115 1.453
202006 1.060 257.797 1.358
202009 1.013 260.280 1.285
202012 1.062 260.474 1.346
202103 1.085 264.877 1.353
202106 1.094 271.696 1.330
202109 1.056 274.310 1.271
202112 1.140 278.802 1.350
202203 1.154 287.504 1.325
202206 1.176 296.311 1.311
202209 1.189 296.808 1.323
202212 1.219 296.797 1.356
202303 1.211 301.836 1.325
202306 1.231 305.109 1.332
202309 1.253 307.789 1.344
202312 1.307 306.746 1.407
202403 1.341 312.332 1.418
202406 1.378 314.175 1.448
202409 1.437 315.301 1.505
202412 1.468 315.605 1.536
202503 1.498 319.799 1.547
202506 1.538 322.561 1.574
202509 1.651 324.800 1.679
202512 1.766 324.054 1.800
202603 1.787 330.213 1.787

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 RM1.38 mean?
Ideal Capital Bhd (XKLS:9687) has a Cyclically Adjusted Book per Share of RM1.38 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 Ideal Capital Bhd and its competitors.
Is Ideal Capital Bhd's Cyclically Adjusted Book per Share too high?
Ideal Capital Bhd's current Cyclically Adjusted Book per Share is RM1.38. Overall, Ideal Capital Bhd has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ideal Capital Bhd's Cyclically Adjusted Book per Share compare to competitors?
Ideal Capital Bhd's Cyclically Adjusted Book per Share of RM1.38 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 Ideal Capital Bhd and its competitors. Ideal Capital Bhd's current Cyclically Adjusted Book per Share is RM1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ideal Capital Bhd (XKLS:9687) is currently considered Significantly Undervalued. The stock's GF Value™ is RM5.39, compared to a current price of RM3.72 — trading 31% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.38. Ideal Capital Bhd's overall GF Score™ is 89/100 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 Ideal Capital Bhd (XKLS:9687), the current Cyclically Adjusted Book per Share is RM1.38 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 Ideal Capital Bhd (XKLS:9687) Overvalued in 2026?

Based on GuruFocus' analysis, Ideal Capital Bhd stock appears to be undervalued. The current stock price of RM3.72 is trading 31% below its estimated GF Value™ of RM5.39. GuruFocus considers Ideal Capital Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9687:

  • Cyclically Adjusted Book per Share: RM1.38
  • GF Value™: RM5.39 vs. price of RM3.72 (31% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the XKLS:9687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ideal Capital Bhd Business Description

Address Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950
Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.
89GF Score

Get the complete analysis for XKLS:9687

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

RM3.72
Price
RM5.39
GF Value