Bursa Malaysia Bhd (XKLS:1818) E10: RM0.39 (As of Mar. 2026)


XKLS:1818 Bursa Malaysia Bhd XKLS:1818
88 GF Score
Price RM8.52
GF Value RM9.10
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Bursa Malaysia Bhd E10?

Bursa Malaysia Bhd XKLS:1818 -0.35% 88 E10 is RM0.39 as of Mar. 2026. GuruFocus rates XKLS:1818 with a GF Score™ of 88/100 and a GF Value™ of RM9.10 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bursa Malaysia Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bursa Malaysia Bhd's average E10 Growth Rate was 2.60% per year. During the past 3 years, the average E10 Growth Rate was 3.80% per year. During the past 5 years, the average E10 Growth Rate was 5.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bursa Malaysia Bhd was 8.70% per year. The lowest was 3.80% per year. And the median was 5.00% per year.

As of today (2026-06-28), Bursa Malaysia Bhd's current stock price is RM8.52. Bursa Malaysia Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.39. Bursa Malaysia Bhd's Shiller PE Ratio of today is 21.85.

During the past 13 years, the highest Shiller PE Ratio of Bursa Malaysia Bhd was 39.85. The lowest was 17.66. And the median was 21.55.


Bursa Malaysia Bhd  (XKLS:1818) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bursa Malaysia Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.52/0.39
=21.85

* 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 Shiller P/E Ratio of Bursa Malaysia Bhd was 39.85. The lowest was 17.66. And the median was 21.55.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Bursa Malaysia Bhd E10 Related Terms


Bursa Malaysia Bhd E10 Historical Data

* Premium members only.

The historical data trend for Bursa Malaysia Bhd's E10 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.

Bursa Malaysia Bhd E10 Chart

Bursa Malaysia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.34 0.36 0.37 0.38

Bursa Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.38 0.38 0.38 0.38 0.39

XKLS:1818 vs SPGI, CME, ICE: E10 Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa Malaysia Bhd's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Bursa Malaysia Bhd Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa Malaysia Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bursa Malaysia Bhd's Shiller PE Ratio falls into.


XKLS:1818
88GF Score
Bursa Malaysia Bhd XKLS:1818
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bursa Malaysia Bhd E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Bursa Malaysia Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.09/330.2130*330.2130
=0.090

Current CPI (Mar. 2026) = 330.2130.

Bursa Malaysia Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.061 241.018 0.084
201609 0.055 241.428 0.075
201612 0.062 241.432 0.085
201703 0.070 243.801 0.095
201706 0.074 244.955 0.100
201709 0.064 246.819 0.086
201712 0.068 246.524 0.091
201803 0.079 249.554 0.105
201806 0.072 251.989 0.094
201809 0.062 252.439 0.081
201812 0.064 251.233 0.084
201903 0.058 254.202 0.075
201906 0.057 256.143 0.073
201909 0.058 256.759 0.075
201912 0.056 256.974 0.072
202003 0.080 258.115 0.102
202006 0.107 257.797 0.137
202009 0.151 260.280 0.192
202012 0.130 260.474 0.165
202103 0.150 264.877 0.187
202106 0.110 271.696 0.134
202109 0.099 274.310 0.119
202112 0.080 278.802 0.095
202203 0.084 287.504 0.096
202206 0.073 296.311 0.081
202209 0.062 296.808 0.069
202212 0.061 296.797 0.068
202303 0.069 301.836 0.075
202306 0.094 305.109 0.102
202309 0.075 307.789 0.080
202312 0.074 306.746 0.080
202403 0.093 312.332 0.098
202406 0.099 314.175 0.104
202409 0.106 315.301 0.111
202412 0.085 315.605 0.089
202503 0.085 319.799 0.088
202506 0.071 322.561 0.073
202509 0.079 324.800 0.080
202512 0.075 324.054 0.076
202603 0.090 330.213 0.090

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of RM0.39 mean?
Bursa Malaysia Bhd (XKLS:1818) has a E10 of RM0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bursa Malaysia Bhd and its competitors.
Is Bursa Malaysia Bhd's E10 too high?
Bursa Malaysia Bhd's current E10 is RM0.39. Overall, Bursa Malaysia Bhd has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bursa Malaysia Bhd's E10 compare to SPGI and CME?
Bursa Malaysia Bhd's E10 of RM0.39 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Capital Markets company?
A good E10 depends on the Capital Markets industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bursa Malaysia Bhd and its competitors. Bursa Malaysia Bhd's current E10 is RM0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bursa Malaysia Bhd (XKLS:1818) is currently considered Fairly Valued. The stock's GF Value™ is RM9.10, compared to a current price of RM8.52 — trading 6.4% below its estimated fair value. The current E10 is RM0.39. Bursa Malaysia Bhd's overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Bursa Malaysia Bhd (XKLS:1818), the current E10 is RM0.39 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 Bursa Malaysia Bhd (XKLS:1818) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa Malaysia Bhd stock appears to be undervalued. The current stock price of RM8.52 is trading 6.4% below its estimated GF Value™ of RM9.10. GuruFocus considers Bursa Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:1818:

  • E10: RM0.39
  • GF Value™: RM9.10 vs. price of RM8.52 (6.4% below fair value)
  • GF Score™: 88/100 with 8 warning signs

No single metric tells the full story. See the XKLS:1818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bursa Malaysia Bhd Business Description

Other Exchanges BSMAF:USA
Address Exchange Square, 15th Floor, Bukit Kewangan, Kuala Lumpur, MYS, 50200
Bursa Malaysia Bhd operates as an exchange holding company, whose principal activities are treasury management and the provision of management and administrative services to its subsidiaries. Through its subsidiaries it operates the Malaysian securities, derivatives, multi-environment product market, debt fundraising and offshore financial exchanges and the Shariah-compliant commodity and precious metals trading platform, to operate the related clearing houses, depository function and regulatory function, and to disseminate information relating to instruments quoted on the exchanges. Its six segments include: Securities Market, Derivatives Market, Islamic Market, Data Business, Exchange, Holding Company, and Others, of which Securities Market segment derives maximum revenue.
88GF Score

Get the complete analysis for XKLS:1818

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM8.52
Price
RM9.10
GF Value