HeveaBoard Bhd (XKLS:5095) Cyclically Adjusted Revenue per Share: RM0.86 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:5095 HeveaBoard Bhd XKLS:5095
25 GF Score
Price RM0.11
GF Value RM0.25
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is HeveaBoard Bhd Cyclically Adjusted Revenue per Share?

HeveaBoard Bhd XKLS:5095 25 Cyclically Adjusted Revenue per Share is RM0.86 as of Mar. 2026. GuruFocus rates XKLS:5095 with a GF Score™ of 25/100 and a GF Value™ of RM0.25 (Possible Value Trap). 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 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.

HeveaBoard Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.119. 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 RM0.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, HeveaBoard Bhd's average Cyclically Adjusted Revenue Growth Rate was -6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% 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 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 HeveaBoard Bhd was -0.70% per year. The lowest was -5.20% per year. And the median was -3.10% per year.

As of today (2026-07-19), HeveaBoard Bhd's current stock price is RM0.105. HeveaBoard Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.86. HeveaBoard Bhd's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HeveaBoard Bhd was 0.81. The lowest was 0.12. And the median was 0.35.


HeveaBoard Bhd  (XKLS:5095) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.105/0.86
=0.12

* 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 HeveaBoard Bhd was 0.81. The lowest was 0.12. 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.


HeveaBoard Bhd Cyclically Adjusted Revenue per Share Related Terms


HeveaBoard Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for HeveaBoard 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.

HeveaBoard Bhd Cyclically Adjusted Revenue per Share Chart

HeveaBoard 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 1.01 1.02 0.96 0.92 0.87

HeveaBoard 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 0.92 0.91 0.90 0.87 0.86

XKLS:5095 vs SSD, UFPI, BCC: Cyclically Adjusted Revenue per Share Comparison

For the Lumber & Wood Production subindustry, HeveaBoard 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.


HeveaBoard Bhd Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, HeveaBoard Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5095
25GF Score
HeveaBoard Bhd XKLS:5095
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HeveaBoard 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, HeveaBoard 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)
=0.119/330.2130*330.2130
=0.119

Current CPI (Mar. 2026) = 330.2130.

HeveaBoard Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.217 241.018 0.297
201609 0.236 241.428 0.323
201612 0.290 241.432 0.397
201703 0.279 243.801 0.378
201706 0.241 244.955 0.325
201709 0.215 246.819 0.288
201712 0.243 246.524 0.325
201803 0.203 249.554 0.269
201806 0.187 251.989 0.245
201809 0.179 252.439 0.234
201812 0.220 251.233 0.289
201903 0.186 254.202 0.242
201906 0.165 256.143 0.213
201909 0.172 256.759 0.221
201912 0.217 256.974 0.279
202003 0.161 258.115 0.206
202006 0.109 257.797 0.140
202009 0.195 260.280 0.247
202012 0.219 260.474 0.278
202103 0.177 264.877 0.221
202106 0.158 271.696 0.192
202109 0.115 274.310 0.138
202112 0.204 278.802 0.242
202203 0.228 287.504 0.262
202206 0.184 296.311 0.205
202209 0.128 296.808 0.142
202212 0.187 296.797 0.208
202303 0.137 301.836 0.150
202306 0.109 305.109 0.118
202309 0.122 307.789 0.131
202312 0.154 306.746 0.166
202403 0.156 312.332 0.165
202406 0.126 314.175 0.132
202409 0.139 315.301 0.146
202412 0.155 315.605 0.162
202503 0.140 319.799 0.145
202506 0.113 322.561 0.116
202509 0.129 324.800 0.131
202512 0.157 324.054 0.160
202603 0.119 330.213 0.119

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 RM0.86 mean?
HeveaBoard Bhd (XKLS:5095) has a Cyclically Adjusted Revenue per Share of RM0.86 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 HeveaBoard Bhd and its competitors.
Is HeveaBoard Bhd's Cyclically Adjusted Revenue per Share too high?
HeveaBoard Bhd's current Cyclically Adjusted Revenue per Share is RM0.86. Overall, HeveaBoard Bhd has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HeveaBoard Bhd's Cyclically Adjusted Revenue per Share compare to SSD and UFPI?
HeveaBoard Bhd's Cyclically Adjusted Revenue per Share of RM0.86 can be compared against companies in the Forest Products 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 a Forest Products company?
A good Cyclically Adjusted Revenue per Share depends on the Forest Products 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 HeveaBoard Bhd and its competitors. HeveaBoard Bhd's current Cyclically Adjusted Revenue per Share is RM0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeveaBoard Bhd stock overvalued right now?
Based on GuruFocus' analysis, HeveaBoard Bhd (XKLS:5095) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.11 — trading 58% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.86. HeveaBoard Bhd's overall GF Score™ is 25/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For HeveaBoard Bhd (XKLS:5095), the current Cyclically Adjusted Revenue per Share is RM0.86 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 HeveaBoard Bhd (XKLS:5095) Overvalued in 2026?

Based on GuruFocus' analysis, HeveaBoard Bhd stock appears to be undervalued. The current stock price of RM0.11 is trading 58% below its estimated GF Value™ of RM0.25. GuruFocus considers HeveaBoard Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5095:

  • Cyclically Adjusted Revenue per Share: RM0.86
  • GF Value™: RM0.25 vs. price of RM0.11 (58% below fair value)
  • GF Score™: 25/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HeveaBoard Bhd Business Description

Address Batu 3, Jalan Tampin, Lot 1942, Gemas, NSN, MYS, 73400
HeveaBoard Bhd operates in the particleboard business. It is engaged in the manufacturing, trading, and distribution of a wide range of particleboard and particleboard-based products. It operates through the Particleboards segment, Ready-to-assemble products segment, Cultivation and trading of gourmet fungi segment, and Other segments. The Particleboards segment is involved in the business of manufacturing and trading of particleboards and other panel boards. The Ready-to-assemble segment generates maximum revenue and is involved in the business of manufacturing and trading of ready-to-assemble furniture. The Others segment is engaged in investment holding. Its products are used for furniture components, dining sets, speaker boxes, door manufacturing, and office systems.
25GF Score

Get the complete analysis for XKLS:5095

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

RM0.11
Price
RM0.25
GF Value