Zelan Bhd (XKLS:2283) E10: RM0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Zelan Bhd E10?

Zelan Bhd XKLS:2283 -6.67% E10 is RM0.00 as of Mar. 2026. 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.

Zelan Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.00 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -71.00% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Zelan Bhd was -10.10% per year. The lowest was -71.00% per year. And the median was -40.55% per year.

As of today (2026-07-15), Zelan Bhd's current stock price is RM0.07. Zelan Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.00. Zelan Bhd's Shiller PE Ratio of today is .


Zelan Bhd  (XKLS:2283) 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.


Be Aware

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


Zelan Bhd E10 Related Terms


Zelan Bhd E10 Historical Data

* Premium members only.

The historical data trend for Zelan 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.

Zelan Bhd E10 Chart

Zelan 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 -0.03 -0.01 0.00 -0.04 -0.05

Zelan 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 -0.04 -0.05 -0.06 -0.05 0.00

XKLS:2283 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Zelan 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.


Zelan Bhd Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Zelan Bhd's Shiller PE Ratio distribution charts can be found below:

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



Zelan 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, Zelan 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)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

Zelan Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.009 241.018 0.012
201609 0.000 241.428 0.000
201612 -0.045 241.432 -0.062
201703 0.008 243.801 0.011
201706 -0.006 244.955 -0.008
201709 -0.012 246.819 -0.016
201712 -0.078 246.524 -0.104
201803 -0.004 249.554 -0.005
201806 -0.007 251.989 -0.009
201809 -0.007 252.439 -0.009
201812 -0.010 251.233 -0.013
201903 -0.002 254.202 -0.003
201906 0.003 256.143 0.004
201909 0.001 256.759 0.001
201912 0.011 256.974 0.014
202003 0.003 258.115 0.004
202006 0.003 257.797 0.004
202009 -0.002 260.280 -0.003
202012 0.038 260.474 0.048
202103 0.005 264.877 0.006
202106 0.000 271.696 0.000
202109 0.001 274.310 0.001
202112 -0.002 278.802 -0.002
202203 0.001 287.504 0.001
202206 0.009 296.311 0.010
202209 0.006 296.808 0.007
202212 -0.015 296.797 -0.017
202303 0.002 301.836 0.002
202306 0.018 305.109 0.019
202309 0.000 307.789 0.000
202312 0.058 306.746 0.062
202403 0.005 312.332 0.005
202406 0.001 314.175 0.001
202409 -0.025 315.301 -0.026
202412 -0.279 315.605 -0.292
202503 0.003 319.799 0.003
202506 -0.073 322.561 -0.075
202509 0.001 324.800 0.001
202512 -0.005 324.054 -0.005
202603 0.000 330.213 0.000

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 RM0.00 mean?
Zelan Bhd (XKLS:2283) has a E10 of RM0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zelan Bhd and its competitors.
Is Zelan Bhd's E10 too high?
Zelan Bhd's current E10 is RM0.00.
How does Zelan Bhd's E10 compare to PWR and FIX?
Zelan Bhd's E10 of RM0.00 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Zelan Bhd and its competitors. Zelan Bhd's current E10 is RM0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 133.3% above its estimated fair value. The current E10 is RM0.00. 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 Zelan Bhd (XKLS:2283), the current E10 is RM0.00 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.

Zelan Bhd Business Description

Address No. 1, Jalan Tasik Permaisuri 2, 24th Floor, Wisma Zelan, Bandar Tun Razak, Cheras, Kuala Lumpur, SGR, MYS, 56000
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.