Manulife Holdings Bhd (XKLS:1058) Cyclically Adjusted Revenue per Share: RM6.29 (As of Mar. 2026)

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XKLS:1058 Manulife Holdings Bhd XKLS:1058
63 GF Score
Price RM2.26
GF Value RM2.49
Valuation Fairly Valued
! 2 Warning Signs
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What is Manulife Holdings Bhd Cyclically Adjusted Revenue per Share?

Manulife Holdings Bhd XKLS:1058 -0.88% 63 Cyclically Adjusted Revenue per Share is RM6.29 as of Mar. 2026. GuruFocus rates XKLS:1058 with a GF Score™ of 63/100 and a GF Value™ of RM2.49 (Fairly Valued). The stock has 2 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Manulife Holdings Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.850. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is RM6.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Manulife Holdings Bhd's average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Manulife Holdings Bhd was 3.50% per year. The lowest was -1.60% per year. And the median was 0.10% per year.

As of today (2026-07-22), Manulife Holdings Bhd's current stock price is RM2.26. Manulife Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM6.29. Manulife Holdings Bhd's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Manulife Holdings Bhd was 0.43. The lowest was 0.28. And the median was 0.35.


Manulife Holdings Bhd  (XKLS:1058) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Manulife Holdings Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.26/6.29
=0.36

* 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 PS Ratio of Manulife Holdings Bhd was 0.43. The lowest was 0.28. And the median was 0.35.


Be Aware

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


Manulife Holdings Bhd Cyclically Adjusted Revenue per Share Related Terms


Manulife Holdings Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Manulife Holdings Bhd's Cyclically Adjusted Revenue 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.

Manulife Holdings Bhd Cyclically Adjusted Revenue per Share Chart

Manulife Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 6.55 6.45 6.38 6.25

Manulife 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 Revenue 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 6.39 6.39 6.38 6.25 6.29

XKLS:1058 vs AFL, MET, PRU: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Life subindustry, Manulife Holdings Bhd's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Manulife Holdings Bhd Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1058
63GF Score
Manulife Holdings Bhd XKLS:1058
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manulife Holdings Bhd Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, Manulife Holdings Bhd's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.85/330.2130*330.2130
=0.850

Current CPI (Mar. 2026) = 330.2130.

Manulife Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.337 241.018 1.832
201609 1.395 241.428 1.908
201612 1.354 241.432 1.852
201703 1.566 243.801 2.121
201706 1.506 244.955 2.030
201709 1.467 246.819 1.963
201712 1.868 246.524 2.502
201803 1.302 249.554 1.723
201806 1.104 251.989 1.447
201809 1.648 252.439 2.156
201812 0.909 251.233 1.195
201903 1.658 254.202 2.154
201906 1.618 256.143 2.086
201909 1.290 256.759 1.659
201912 2.174 256.974 2.794
202003 0.201 258.115 0.257
202006 2.077 257.797 2.660
202009 1.940 260.280 2.461
202012 2.525 260.474 3.201
202103 1.770 264.877 2.207
202106 1.833 271.696 2.228
202109 1.862 274.310 2.241
202112 1.826 278.802 2.163
202203 0.665 287.504 0.764
202206 0.378 296.311 0.421
202209 0.711 296.808 0.791
202212 0.906 296.797 1.008
202303 0.728 301.836 0.796
202306 0.759 305.109 0.821
202309 0.954 307.789 1.024
202312 0.951 306.746 1.024
202403 1.157 312.332 1.223
202406 1.096 314.175 1.152
202409 1.057 315.301 1.107
202412 1.002 315.605 1.048
202503 0.608 319.799 0.628
202506 0.991 322.561 1.015
202509 1.169 324.800 1.188
202512 1.143 324.054 1.165
202603 0.850 330.213 0.850

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of RM6.29 mean?
Manulife Holdings Bhd (XKLS:1058) has a Cyclically Adjusted Revenue per Share of RM6.29 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Manulife Holdings Bhd and its competitors.
Is Manulife Holdings Bhd's Cyclically Adjusted Revenue per Share too high?
Manulife Holdings Bhd's current Cyclically Adjusted Revenue per Share is RM6.29. Overall, Manulife Holdings Bhd has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manulife Holdings Bhd's Cyclically Adjusted Revenue per Share compare to AFL and MET?
Manulife Holdings Bhd's Cyclically Adjusted Revenue per Share of RM6.29 can be compared against companies in the Insurance 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 Revenue per Share for an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Manulife Holdings Bhd and its competitors. Manulife Holdings Bhd's current Cyclically Adjusted Revenue per Share is RM6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Manulife Holdings Bhd (XKLS:1058) is currently considered Fairly Valued. The stock's GF Value™ is RM2.49, compared to a current price of RM2.26 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM6.29. Manulife Holdings Bhd's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Manulife Holdings Bhd (XKLS:1058), the current Cyclically Adjusted Revenue per Share is RM6.29 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 Manulife Holdings Bhd (XKLS:1058) Overvalued in 2026?

Based on GuruFocus' analysis, Manulife Holdings Bhd stock appears to be undervalued. The current stock price of RM2.26 is trading 9.2% below its estimated GF Value™ of RM2.49. GuruFocus considers Manulife Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:1058:

  • Cyclically Adjusted Revenue per Share: RM6.29
  • GF Value™: RM2.49 vs. price of RM2.26 (9.2% below fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the XKLS:1058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manulife Holdings Bhd Business Description

Address 6 Jalan Gelenggang, Damansara Heights, 16th Floor, Menara Manulife, Kuala Lumpur, SGR, MYS, 50490
Manulife Holdings Bhd is an investment holding company that is engaged in the business of life insurance business, management of unit trust funds, private retirement scheme funds, investment, and fund management. The company operates through Investment Holding, Life Insurance and Asset Management Services segments. The investment holding segment includes Investment holding operations and other segments; Life insurance segment includes underwriting of Participating life and Non-participating life insurance and unit-linked products; and Asset management services include asset management, unit trust, private retirement scheme funds. The group's principal revenue source is from the Life insurance business segment.
63GF Score

Get the complete analysis for XKLS:1058

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

RM2.26
Price
RM2.49
GF Value