CWG Holdings Bhd (XKLS:9423) E10: RM0.03 (As of Mar. 2026)


XKLS:9423 CWG Holdings Bhd XKLS:9423
53 GF Score
Price RM0.15
GF Value RM0.28
Valuation Significantly Undervalued
! 5 Warning Signs
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What is CWG Holdings Bhd E10?

CWG Holdings Bhd XKLS:9423 53 E10 is RM0.03 as of Mar. 2026. GuruFocus rates XKLS:9423 with a GF Score™ of 53/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 5 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.

CWG Holdings Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CWG Holdings Bhd's average E10 Growth Rate was -25.00% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 18.10% 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 CWG Holdings Bhd was 26.00% per year. The lowest was 10.10% per year. And the median was 26.00% per year.

As of today (2026-07-07), CWG Holdings Bhd's current stock price is RM0.15. CWG Holdings Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.03. CWG Holdings Bhd's Shiller PE Ratio of today is 5.00.

During the past 13 years, the highest Shiller PE Ratio of CWG Holdings Bhd was 22.85. The lowest was 4.00. And the median was 7.35.


CWG Holdings Bhd  (XKLS:9423) 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.

CWG Holdings Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.15/0.03
=5.00

* 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 CWG Holdings Bhd was 22.85. The lowest was 4.00. And the median was 7.35.


Be Aware

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


CWG Holdings Bhd E10 Related Terms


CWG Holdings Bhd E10 Historical Data

* Premium members only.

The historical data trend for CWG Holdings 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.

CWG Holdings Bhd E10 Chart

CWG Holdings 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 0.02 0.03 0.04 0.04 0.04

CWG Holdings 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 0.04 0.03 0.03 0.03

XKLS:9423 vs SLVM: E10 Comparison

For the Paper & Paper Products subindustry, CWG Holdings 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.


CWG Holdings Bhd Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, CWG Holdings Bhd's Shiller PE Ratio distribution charts can be found below:

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


XKLS:9423
53GF Score
CWG Holdings Bhd XKLS:9423
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWG Holdings 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, CWG Holdings 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)
=-0.001/330.2130*330.2130
=-0.001

Current CPI (Mar. 2026) = 330.2130.

CWG Holdings Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.013 241.018 0.018
201609 0.013 241.428 0.018
201612 0.044 241.432 0.060
201703 0.007 243.801 0.009
201706 0.001 244.955 0.001
201709 0.028 246.819 0.037
201712 0.017 246.524 0.023
201803 0.004 249.554 0.005
201806 0.004 251.989 0.005
201809 0.018 252.439 0.024
201812 0.011 251.233 0.014
201903 -0.005 254.202 -0.006
201906 0.013 256.143 0.017
201909 0.004 256.759 0.005
201912 0.010 256.974 0.013
202003 -0.010 258.115 -0.013
202006 0.013 257.797 0.017
202009 0.001 260.280 0.001
202012 -0.003 260.474 -0.004
202103 -0.002 264.877 -0.002
202106 -0.006 271.696 -0.007
202109 0.002 274.310 0.002
202112 -0.007 278.802 -0.008
202203 0.000 287.504 0.000
202206 0.014 296.311 0.016
202209 0.006 296.808 0.007
202212 0.008 296.797 0.009
202303 0.003 301.836 0.003
202306 0.014 305.109 0.015
202309 0.001 307.789 0.001
202312 0.004 306.746 0.004
202403 -0.006 312.332 -0.006
202406 -0.009 314.175 -0.009
202409 -0.005 315.301 -0.005
202412 0.006 315.605 0.006
202503 0.008 319.799 0.008
202506 0.014 322.561 0.014
202509 0.009 324.800 0.009
202512 0.009 324.054 0.009
202603 -0.001 330.213 -0.001

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 RM0.03 mean?
CWG Holdings Bhd (XKLS:9423) has a E10 of RM0.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CWG Holdings Bhd and its competitors.
Is CWG Holdings Bhd's E10 too high?
CWG Holdings Bhd's current E10 is RM0.03. Overall, CWG Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CWG Holdings Bhd's E10 compare to SLVM?
CWG Holdings Bhd's E10 of RM0.03 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 CWG Holdings Bhd and its competitors. CWG Holdings Bhd's current E10 is RM0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CWG Holdings Bhd (XKLS:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.15 — trading 46.4% below its estimated fair value. The current E10 is RM0.03. CWG Holdings Bhd's overall GF Score™ is 53/100 with 5 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 CWG Holdings Bhd (XKLS:9423), the current E10 is RM0.03 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 CWG Holdings Bhd (XKLS:9423) Overvalued in 2026?

Based on GuruFocus' analysis, CWG Holdings Bhd stock appears to be undervalued. The current stock price of RM0.15 is trading 46.4% below its estimated GF Value™ of RM0.28. GuruFocus considers CWG Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9423:

  • E10: RM0.03
  • GF Value™: RM0.28 vs. price of RM0.15 (46.4% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the XKLS:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWG Holdings Bhd Business Description

Address 6428, Lorong Mak Mandin Tiga, Mak Mandin Industrial Estate, Butterworth, Seberang Perai, PNG, MYS, 13400
CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is involved in the manufacture and sale of stationery and printing material. The products offered include spiral notebooks, pads, hardcover books, files, paper bags, gift wraps, and the publishing of children's books. The group has three segments namely, Manufacture and sale of stationery and printing materials, property development and Investment holding. The company geographically operates in Malaysia, Other Asian countries, Oceania, Europe, Africa and America. It generates majority of its revenue from Other Asian countries.
53GF Score

Get the complete analysis for XKLS:9423

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

RM0.15
Price
RM0.28
GF Value