Southern Steel Bhd (XKLS:5665) E10: RM-0.21 (As of Sep. 2025)


XKLS:5665 Southern Steel Bhd XKLS:5665
31 GF Score
Price RM0.39
GF Value RM0.26
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Southern Steel Bhd E10?

Southern Steel Bhd XKLS:5665 31 E10 is RM-0.21 as of Sep. 2025. GuruFocus rates XKLS:5665 with a GF Score™ of 31/100 and a GF Value™ of RM0.26 (Significantly 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.

Southern Steel Bhd's adjusted earnings per share data for the three months ended in Sep. 2025 was RM-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM-0.21 for the trailing ten years ended in Sep. 2025.

During the past 3 years, the average E10 Growth Rate was -17.00% 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 Southern Steel Bhd was -9.00% per year. The lowest was -17.00% per year. And the median was -13.00% per year.

As of today (2026-06-28), Southern Steel Bhd's current stock price is RM0.39. Southern Steel Bhd's E10 for the quarter that ended in Sep. 2025 was RM-0.21. Southern Steel Bhd's Shiller PE Ratio of today is .


Southern Steel Bhd  (XKLS:5665) 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.


Southern Steel Bhd E10 Related Terms


Southern Steel Bhd E10 Historical Data

* Premium members only.

The historical data trend for Southern Steel 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.

Southern Steel Bhd E10 Chart

Southern Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -0.15 -0.18 -0.22 -0.24

Southern Steel Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.24 -0.22 -0.21 0.00 -0.21

XKLS:5665 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Southern Steel 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.


Southern Steel Bhd Shiller PE Ratio vs Steel Industry

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

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


XKLS:5665
31GF Score
Southern Steel Bhd XKLS:5665
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Steel 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, Southern Steel Bhd's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.02/324.8000*324.8000
=-0.020

Current CPI (Sep. 2025) = 324.8000.

Southern Steel Bhd Quarterly Data

per share eps CPI Adj_EPS
201512 -0.113 236.525 -0.155
201603 -0.021 238.132 -0.029
201606 -0.269 241.018 -0.363
201609 0.033 241.428 0.044
201612 0.063 241.432 0.085
201703 0.054 243.801 0.072
201706 0.011 244.955 0.015
201709 0.090 246.819 0.118
201712 0.118 246.524 0.155
201803 0.088 249.554 0.115
201806 0.081 251.989 0.104
201809 0.003 252.439 0.004
201812 -0.102 251.233 -0.132
201903 -0.096 254.202 -0.123
201906 -0.080 256.143 -0.101
201909 -0.105 256.759 -0.133
201912 -0.772 256.974 -0.976
202003 -0.075 258.115 -0.094
202006 -0.097 257.797 -0.122
202009 -0.047 260.280 -0.059
202012 0.018 260.474 0.022
202103 0.069 264.877 0.085
202106 0.041 271.696 0.049
202109 0.054 274.310 0.064
202112 0.057 278.802 0.066
202203 0.005 287.504 0.006
202206 -0.276 296.311 -0.303
202209 -0.108 296.808 -0.118
202212 -0.102 296.797 -0.112
202303 0.003 301.836 0.003
202306 -0.030 305.109 -0.032
202309 -0.066 307.789 -0.070
202312 -0.018 306.746 -0.019
202403 -0.011 312.332 -0.011
202406 0.002 314.175 0.002
202409 -0.043 315.301 -0.044
202412 -0.012 315.605 -0.012
202503 0.002 319.799 0.002
202506 0.000 322.561 0.000
202509 -0.020 324.800 -0.020

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 RM-0.21 mean?
Southern Steel Bhd (XKLS:5665) has a E10 of RM-0.21 as of Sep. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southern Steel Bhd and its competitors.
Is Southern Steel Bhd's E10 too high?
Southern Steel Bhd's current E10 is RM-0.21. Overall, Southern Steel Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Steel Bhd's E10 compare to NUE and STLD?
Southern Steel Bhd's E10 of RM-0.21 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Southern Steel Bhd and its competitors. Southern Steel Bhd's current E10 is RM-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Steel Bhd (XKLS:5665) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.39 — trading 50% above its estimated fair value. The current E10 is RM-0.21. Southern Steel Bhd's overall GF Score™ is 31/100 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 Southern Steel Bhd (XKLS:5665), the current E10 is RM-0.21 as of Sep. 2025. 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 Southern Steel Bhd (XKLS:5665) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Steel Bhd stock appears to be overvalued. The current stock price of RM0.39 is trading 50% above its estimated GF Value™ of RM0.26. GuruFocus considers Southern Steel Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5665:

  • E10: RM-0.21
  • GF Value™: RM0.26 vs. price of RM0.39 (50% above fair value)
  • GF Score™: 31/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Steel Bhd Business Description

Address 2723, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600
Southern Steel Bhd is an investment holding company involved in the manufacturing, sale and trading of steel bars and related products, while the principal activities of its subsidiaries include the manufacturing, sale and trading in billets, steel bars, wire rods, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products, as well as rental of properties and investment holding. The company comprises the following reportable segments: Steel products, Investment holding and others and Hot rolled coil operation. The company derived the majority of revenue from the sale of its products: bars, wire rod, wire mesh, cut and bend and pre-stressed concrete wire.
31GF Score

Get the complete analysis for XKLS:5665

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

RM0.39
Price
RM0.26
GF Value