Hong Leong Industries Bhd (XKLS:3301) E10: RM1.14 (As of Mar. 2026)

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XKLS:3301 Hong Leong Industries Bhd XKLS:3301
82 GF Score
Price RM18.60
GF Value RM13.88
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hong Leong Industries Bhd E10?

Hong Leong Industries Bhd XKLS:3301 +0.98% 82 E10 is RM1.14 as of Mar. 2026. GuruFocus rates XKLS:3301 with a GF Score™ of 82/100 and a GF Value™ of RM13.88 (Significantly Overvalued). The stock has 7 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.

Hong Leong Industries Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.435. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM1.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hong Leong Industries Bhd's average E10 Growth Rate was 9.60% per year. During the past 3 years, the average E10 Growth Rate was 8.90% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 Hong Leong Industries Bhd was 9.10% per year. The lowest was 5.40% per year. And the median was 8.95% per year.

As of today (2026-07-19), Hong Leong Industries Bhd's current stock price is RM18.60. Hong Leong Industries Bhd's E10 for the quarter that ended in Mar. 2026 was RM1.14. Hong Leong Industries Bhd's Shiller PE Ratio of today is 16.32.

During the past 13 years, the highest Shiller PE Ratio of Hong Leong Industries Bhd was 17.21. The lowest was 9.84. And the median was 12.21.


Hong Leong Industries Bhd  (XKLS:3301) 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.

Hong Leong Industries Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.60/1.14
=16.32

* 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 Hong Leong Industries Bhd was 17.21. The lowest was 9.84. And the median was 12.21.


Be Aware

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


Hong Leong Industries Bhd E10 Related Terms


Hong Leong Industries Bhd E10 Historical Data

* Premium members only.

The historical data trend for Hong Leong Industries 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.

Hong Leong Industries Bhd E10 Chart

Hong Leong Industries Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.82 0.88 0.96 1.06

Hong Leong Industries 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 1.04 1.06 1.10 1.11 1.14

XKLS:3301 vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Hong Leong Industries 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.


Hong Leong Industries Bhd Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Industries Bhd's Shiller PE Ratio distribution charts can be found below:

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


XKLS:3301
82GF Score
Hong Leong Industries Bhd XKLS:3301
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Leong Industries 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, Hong Leong Industries 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)
=0.435/330.2130*330.2130
=0.435

Current CPI (Mar. 2026) = 330.2130.

Hong Leong Industries Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.218 241.018 0.299
201609 0.210 241.428 0.287
201612 0.223 241.432 0.305
201703 0.240 243.801 0.325
201706 -0.339 244.955 -0.457
201709 0.264 246.819 0.353
201712 0.268 246.524 0.359
201803 0.204 249.554 0.270
201806 0.342 251.989 0.448
201809 0.223 252.439 0.292
201812 0.276 251.233 0.363
201903 0.288 254.202 0.374
201906 0.250 256.143 0.322
201909 0.202 256.759 0.260
201912 0.249 256.974 0.320
202003 0.183 258.115 0.234
202006 -0.095 257.797 -0.122
202009 0.161 260.280 0.204
202012 0.319 260.474 0.404
202103 0.322 264.877 0.401
202106 0.125 271.696 0.152
202109 0.002 274.310 0.002
202112 0.235 278.802 0.278
202203 0.203 287.504 0.233
202206 0.227 296.311 0.253
202209 0.260 296.808 0.289
202212 0.234 296.797 0.260
202303 0.210 301.836 0.230
202306 0.217 305.109 0.235
202309 0.279 307.789 0.299
202312 0.326 306.746 0.351
202403 0.316 312.332 0.334
202406 0.312 314.175 0.328
202409 0.447 315.301 0.468
202412 0.407 315.605 0.426
202503 0.311 319.799 0.321
202506 0.368 322.561 0.377
202509 0.487 324.800 0.495
202512 0.431 324.054 0.439
202603 0.435 330.213 0.435

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 RM1.14 mean?
Hong Leong Industries Bhd (XKLS:3301) has a E10 of RM1.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hong Leong Industries Bhd and its competitors.
Is Hong Leong Industries Bhd's E10 too high?
Hong Leong Industries Bhd's current E10 is RM1.14. Overall, Hong Leong Industries Bhd has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Leong Industries Bhd's E10 compare to TSLA and GM?
Hong Leong Industries Bhd's E10 of RM1.14 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Hong Leong Industries Bhd and its competitors. Hong Leong Industries Bhd's current E10 is RM1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Leong Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hong Leong Industries Bhd (XKLS:3301) is currently considered Significantly Overvalued. The stock's GF Value™ is RM13.88, compared to a current price of RM18.60 — trading 34% above its estimated fair value. The current E10 is RM1.14. Hong Leong Industries Bhd's overall GF Score™ is 82/100 with 7 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 Hong Leong Industries Bhd (XKLS:3301), the current E10 is RM1.14 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 Hong Leong Industries Bhd (XKLS:3301) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Leong Industries Bhd stock appears to be overvalued. The current stock price of RM18.60 is trading 34% above its estimated GF Value™ of RM13.88. GuruFocus considers Hong Leong Industries Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:3301:

  • E10: RM1.14
  • GF Value™: RM13.88 vs. price of RM18.60 (34% above fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the XKLS:3301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Leong Industries Bhd Business Description

Address Number 6, Jalan Damanlela, Level 31, Menara Hong Leong, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
Hong Leong Industries Bhd is a Malaysia-based investment holding company. Its only operating segment is Consumer products. Consumer products segment manufacture and sale of consumer products comprises motorcycles, spare parts and ceramic tiles. Geographically, it derives a majority of its revenue from Malaysia.
82GF Score

Get the complete analysis for XKLS:3301

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

RM18.60
Price
RM13.88
GF Value