Malayan Cement Bhd (XKLS:3794) E10: RM0.02 (As of Mar. 2026)


XKLS:3794 Malayan Cement Bhd XKLS:3794
75 GF Score
Price RM6.41
GF Value RM5.51
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Malayan Cement Bhd E10?

Malayan Cement Bhd XKLS:3794 +0.47% 75 E10 is RM0.02 as of Mar. 2026. GuruFocus rates XKLS:3794 with a GF Score™ of 75/100 and a GF Value™ of RM5.51 (Modestly Overvalued). The stock has 3 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.

Malayan Cement Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.02 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -41.50% 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 Malayan Cement Bhd was -33.10% per year. The lowest was -41.50% per year. And the median was -37.30% per year.

As of today (2026-06-28), Malayan Cement Bhd's current stock price is RM6.41. Malayan Cement Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.02. Malayan Cement Bhd's Shiller PE Ratio of today is 320.50.

During the past 13 years, the highest Shiller PE Ratio of Malayan Cement Bhd was 434.50. The lowest was 18.00. And the median was 57.75.


Malayan Cement Bhd  (XKLS:3794) 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.

Malayan Cement Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.41/0.02
=320.50

* 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 Malayan Cement Bhd was 434.50. The lowest was 18.00. And the median was 57.75.


Be Aware

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


Malayan Cement Bhd E10 Related Terms


Malayan Cement Bhd E10 Historical Data

* Premium members only.

The historical data trend for Malayan Cement 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.

Malayan Cement Bhd E10 Chart

Malayan Cement Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.06 0.03 0.02

Malayan Cement 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 0.02 0.02 0.02 0.02 0.02

XKLS:3794 vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Malayan Cement 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.


Malayan Cement Bhd Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Malayan Cement Bhd's Shiller PE Ratio distribution charts can be found below:

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


XKLS:3794
75GF Score
Malayan Cement Bhd XKLS:3794
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malayan Cement 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, Malayan Cement 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)
=0.129/330.2130*330.2130
=0.129

Current CPI (Mar. 2026) = 330.2130.

Malayan Cement Bhd Quarterly Data

per share eps CPI Adj_EPS
201512 0.053 236.525 0.074
201603 0.024 238.132 0.033
201606 0.022 241.018 0.030
201609 0.004 241.428 0.005
201612 0.040 241.432 0.055
201703 -0.058 243.801 -0.079
201706 -0.052 244.955 -0.070
201709 -0.049 246.819 -0.066
201712 -0.094 246.524 -0.126
201803 -0.081 249.554 -0.107
201806 -0.099 251.989 -0.130
201809 -0.129 252.439 -0.169
201812 -0.068 251.233 -0.089
201903 -0.038 254.202 -0.049
201906 -0.075 256.143 -0.097
201909 -0.044 256.759 -0.057
202003 -0.035 258.115 -0.045
202009 -0.002 260.280 -0.003
202012 -0.006 260.474 -0.008
202103 0.004 264.877 0.005
202106 0.011 271.696 0.013
202109 -0.024 274.310 -0.029
202112 0.031 278.802 0.037
202203 0.010 287.504 0.011
202206 0.020 296.311 0.022
202209 0.001 296.808 0.001
202212 0.009 296.797 0.010
202303 0.036 301.836 0.039
202306 0.045 305.109 0.049
202309 0.053 307.789 0.057
202312 0.066 306.746 0.071
202403 0.054 312.332 0.057
202406 0.059 314.175 0.062
202409 0.074 315.301 0.077
202412 0.099 315.605 0.104
202503 0.098 319.799 0.101
202506 0.088 322.561 0.090
202509 0.107 324.800 0.109
202512 0.122 324.054 0.124
202603 0.129 330.213 0.129

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 RM0.02 mean?
Malayan Cement Bhd (XKLS:3794) has a E10 of RM0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Malayan Cement Bhd and its competitors.
Is Malayan Cement Bhd's E10 too high?
Malayan Cement Bhd's current E10 is RM0.02. Overall, Malayan Cement Bhd has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Cement Bhd's E10 compare to CRH and VMC?
Malayan Cement Bhd's E10 of RM0.02 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Malayan Cement Bhd and its competitors. Malayan Cement Bhd's current E10 is RM0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Cement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Cement Bhd (XKLS:3794) is currently considered Modestly Overvalued. The stock's GF Value™ is RM5.51, compared to a current price of RM6.41 — trading 16.3% above its estimated fair value. The current E10 is RM0.02. Malayan Cement Bhd's overall GF Score™ is 75/100 with 3 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 Malayan Cement Bhd (XKLS:3794), the current E10 is RM0.02 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 Malayan Cement Bhd (XKLS:3794) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Cement Bhd stock appears to be overvalued. The current stock price of RM6.41 is trading 16.3% above its estimated GF Value™ of RM5.51. GuruFocus considers Malayan Cement Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:3794:

  • E10: RM0.02
  • GF Value™: RM5.51 vs. price of RM6.41 (16.3% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Cement Bhd Business Description

Address 205 Jalan Bukit Bintang, 28th Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
Malayan Cement Bhd is a cement and building materials group in Malaysia and Singapore. It is a producer of cement, ready-mixed concrete, drymix, and quarry products, which are used in the residential and commercial building industry and also have various applications in infrastructure and other industries. The company's operating divisions are Cement, and Aggregates and Concrete. A majority of its revenue is generated from the Cement segment which also includes its drymix and waste management business. Geographically, it derives key revenue from Malaysia and the rest from Singapore.
75GF Score

Get the complete analysis for XKLS:3794

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

RM6.41
Price
RM5.51
GF Value