SAM Engineering & Equipment (M) Bhd (XKLS:9822) Cyclically Adjusted Book per Share: RM1.53 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:9822 SAM Engineering & Equipment (M) Bhd XKLS:9822
72 GF Score
Price RM4.58
GF Value RM3.90
Valuation Modestly Overvalued
! 5 Warning Signs
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What is SAM Engineering & Equipment (M) Bhd Cyclically Adjusted Book per Share?

SAM Engineering & Equipment (M) Bhd XKLS:9822 +5.77% 72 Cyclically Adjusted Book per Share is RM1.53 as of Mar. 2026. GuruFocus rates XKLS:9822 with a GF Score™ of 72/100 and a GF Value™ of RM3.90 (Modestly Overvalued). 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.

SAM Engineering & Equipment (M) Bhd's adjusted book value per share for the three months ended in Mar. 2026 was RM1.958. 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 RM1.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SAM Engineering & Equipment (M) Bhd's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 SAM Engineering & Equipment (M) Bhd was 8.90% per year. The lowest was 7.20% per year. And the median was 7.30% per year.

As of today (2026-08-11), SAM Engineering & Equipment (M) Bhd's current stock price is RM4.58. SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.53. SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio of today is 2.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SAM Engineering & Equipment (M) Bhd was 5.46. The lowest was 1.53. And the median was 3.11.


SAM Engineering & Equipment (M) Bhd  (XKLS:9822) 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.

SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.58/1.53
=2.99

* 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 SAM Engineering & Equipment (M) Bhd was 5.46. The lowest was 1.53. And the median was 3.11.


Be Aware

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


SAM Engineering & Equipment (M) Bhd Cyclically Adjusted Book per Share Related Terms


SAM Engineering & Equipment (M) Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SAM Engineering & Equipment (M) 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.

SAM Engineering & Equipment (M) Bhd Cyclically Adjusted Book per Share Chart

SAM Engineering & Equipment (M) Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.24 1.33 1.43 1.53

SAM Engineering & Equipment (M) 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 1.43 1.45 1.49 1.49 1.53

XKLS:9822 vs SPCX, GE, RTX: Cyclically Adjusted Book per Share Comparison

For the Aerospace & Defense subindustry, SAM Engineering & Equipment (M) 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.


SAM Engineering & Equipment (M) Bhd Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:9822
72GF Score
SAM Engineering & Equipment (M) Bhd XKLS:9822
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAM Engineering & Equipment (M) 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, SAM Engineering & Equipment (M) 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)
=1.958/330.2130*330.2130
=1.958

Current CPI (Mar. 2026) = 330.2130.

SAM Engineering & Equipment (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.884 241.018 1.211
201609 0.799 241.428 1.093
201612 0.850 241.432 1.163
201703 0.912 243.801 1.235
201706 0.882 244.955 1.189
201709 0.806 246.819 1.078
201712 0.823 246.524 1.102
201803 0.858 249.554 1.135
201806 0.906 251.989 1.187
201809 0.915 252.439 1.197
201812 0.958 251.233 1.259
201903 0.974 254.202 1.265
201906 1.026 256.143 1.323
201909 0.994 256.759 1.278
201912 1.036 256.974 1.331
202003 1.109 258.115 1.419
202006 1.074 257.797 1.376
202009 1.071 260.280 1.359
202012 1.073 260.474 1.360
202103 1.139 264.877 1.420
202106 1.123 271.696 1.365
202109 1.163 274.310 1.400
202112 1.230 278.802 1.457
202203 1.262 287.504 1.449
202206 1.331 296.311 1.483
202209 1.413 296.808 1.572
202212 1.413 296.797 1.572
202303 1.479 301.836 1.618
202306 1.561 305.109 1.689
202309 1.614 307.789 1.732
202312 1.659 306.746 1.786
202403 2.117 312.332 2.238
202406 2.102 314.175 2.209
202409 1.979 315.301 2.073
202412 2.073 315.605 2.169
202503 2.106 319.799 2.175
202506 2.003 322.561 2.051
202509 2.014 324.800 2.048
202512 1.982 324.054 2.020
202603 1.958 330.213 1.958

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 RM1.53 mean?
SAM Engineering & Equipment (M) Bhd (XKLS:9822) has a Cyclically Adjusted Book per Share of RM1.53 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 SAM Engineering & Equipment (M) Bhd and its competitors.
Is SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted Book per Share too high?
SAM Engineering & Equipment (M) Bhd's current Cyclically Adjusted Book per Share is RM1.53. Overall, SAM Engineering & Equipment (M) Bhd has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted Book per Share compare to SPCX and GE?
SAM Engineering & Equipment (M) Bhd's Cyclically Adjusted Book per Share of RM1.53 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted Book per Share depends on the Aerospace & Defense 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 SAM Engineering & Equipment (M) Bhd and its competitors. SAM Engineering & Equipment (M) Bhd's current Cyclically Adjusted Book per Share is RM1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAM Engineering & Equipment (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, SAM Engineering & Equipment (M) Bhd (XKLS:9822) is currently considered Modestly Overvalued. The stock's GF Value™ is RM3.90, compared to a current price of RM4.58 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.53. SAM Engineering & Equipment (M) Bhd's overall GF Score™ is 72/100 with 5 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 SAM Engineering & Equipment (M) Bhd (XKLS:9822), the current Cyclically Adjusted Book per Share is RM1.53 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 SAM Engineering & Equipment (M) Bhd (XKLS:9822) Overvalued in 2026?

Based on GuruFocus' analysis, SAM Engineering & Equipment (M) Bhd stock appears to be overvalued. The current stock price of RM4.58 is trading 17.4% above its estimated GF Value™ of RM3.90. GuruFocus considers SAM Engineering & Equipment (M) Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:9822:

  • Cyclically Adjusted Book per Share: RM1.53
  • GF Value™: RM3.90 vs. price of RM4.58 (17.4% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the XKLS:9822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SAM Engineering & Equipment (M) Bhd Business Description

Address Plot 17, Hilir Sungai Keluang Tiga, Bayan Lepas Free Industrial Zone, Phase 4, Bayan Lepas, PNG, MYS, 11900
SAM Engineering & Equipment (M) Bhd is a Malaysian company that provides precision machining, equipment integration, and automation solutions to aerospace and equipment industries. The company is engaged in providing manufacturing solutions for critical engine parts and other related equipment parts and also on engineering and high precision tooling including large format CNC machining parts. It also provides for the arrangement of equipment engineering and solutions for commercial, semiconductor, and other industries. The company manages its business in two segments namely Aerospace and Equipment manufacturing. It has a business presence in Malaysia, Asia (excluding Malaysia), North America, Latin America, and Europe.
72GF Score

Get the complete analysis for XKLS:9822

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

RM4.58
Price
RM3.90
GF Value