Top Glove Bhd (FRA:5OU) Cyclically Adjusted PS Ratio: 0.77 (As of Jul. 14, 2026) — 46% Below Median

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FRA:5OU Top Glove Corp Bhd FRA:5OU
48 GF Score
Price €0.49
GF Value €0.92
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Top Glove Bhd Cyclically Adjusted PS Ratio?

Top Glove Bhd FRA:5OU -2.00% 48 Cyclically Adjusted PS Ratio is 0.77 as of Jul. 14, 2026, which is 46% below its 10-year median of 1.42. GuruFocus rates FRA:5OU with a GF Score™ of 48/100 and a GF Value™ of €0.92 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Top Glove Bhd ranks better than 75.38% on this metric.

As of today (2026-07-14), Top Glove Bhd's current share price is €0.49. Top Glove Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €0.64. Top Glove Bhd's Cyclically Adjusted PS Ratio for today is 0.77.

The historical rank and industry rank for Top Glove Bhd's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:5OU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.42   Max: 21.32
Current: 0.8

During the past years, Top Glove Bhd's highest Cyclically Adjusted PS Ratio was 21.32. The lowest was 0.69. And the median was 1.42.

FRA:5OU's Cyclically Adjusted PS Ratio is ranked better than
75.38% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 2.255 vs FRA:5OU: 0.80

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Top Glove Bhd's adjusted revenue per share data for the three months ended in May. 2026 was €0.118. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €0.64 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Top Glove Bhd  (FRA:5OU) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Top Glove Bhd Cyclically Adjusted PS Ratio Related Terms


Top Glove Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Top Glove Bhd's Cyclically Adjusted PS Ratio 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.

Top Glove Bhd Cyclically Adjusted PS Ratio Chart

Top Glove Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.97 1.06 0.99 1.18 0.73

Top Glove Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted PS Ratio 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 1.01 0.73 0.74 0.72 0.97

FRA:5OU vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Top Glove Bhd Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Cyclically Adjusted PS Ratio falls into.


FRA:5OU
48GF Score
Top Glove Corp Bhd FRA:5OU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Glove Bhd Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Top Glove Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.49/0.64
=0.77

* 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.

Top Glove Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Top Glove Bhd's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.118/335.1230*335.1230
=0.118

Current CPI (May. 2026) = 335.1230.

Top Glove Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.085 240.849 0.118
201611 0.089 241.353 0.124
201702 0.096 243.603 0.132
201705 0.097 244.733 0.133
201708 0.095 245.519 0.130
201711 0.101 246.669 0.137
201802 0.105 248.991 0.141
201805 0.124 251.588 0.165
201808 0.135 252.146 0.179
201811 0.139 252.038 0.185
201902 0.131 252.776 0.174
201905 0.127 256.092 0.166
201908 0.115 256.558 0.150
201911 0.124 257.208 0.162
202002 0.129 258.678 0.167
202005 0.170 256.394 0.222
202008 0.310 259.918 0.400
202011 0.481 260.229 0.619
202102 0.547 263.014 0.697
202105 0.415 269.195 0.517
202108 0.209 273.567 0.256
202111 0.169 277.948 0.204
202202 0.155 283.716 0.183
202205 0.161 292.296 0.185
202208 0.109 296.171 0.123
202211 0.067 297.711 0.075
202302 0.066 300.840 0.074
202305 0.054 304.127 0.060
202308 0.047 307.026 0.051
202311 0.049 307.051 0.053
202402 0.053 310.326 0.057
202405 0.062 314.069 0.066
202408 0.086 314.796 0.092
202411 0.094 315.493 0.100
202502 0.095 319.082 0.100
202505 0.086 321.465 0.090
202508 0.090 323.976 0.093
202511 0.092 324.122 0.095
202602 0.108 326.785 0.111
202605 0.118 335.123 0.118

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

What does a Cyclically Adjusted PS Ratio of 0.77 mean?
Top Glove Bhd (FRA:5OU) has a Cyclically Adjusted PS Ratio of 0.77 as of Jul. 14, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Top Glove Bhd and its competitors. This is 46% below median its historical median of 1.42. Over the past decade, Top Glove Bhd's Cyclically Adjusted PS Ratio has ranged from 0.69 to 21.32. According to the industry distribution chart, Top Glove Bhd ranks #129 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 24.6%.
Is Top Glove Bhd's Cyclically Adjusted PS Ratio too high?
Top Glove Bhd's current Cyclically Adjusted PS Ratio of 0.77 is 46% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 21.32. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.26. Top Glove Bhd's value of 0.77 is 65.9% below this industry median. Based on the distribution chart, Top Glove Bhd ranks #129 out of 524 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Top Glove Bhd has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Top Glove Bhd ranks #129 out of 524 companies for Cyclically Adjusted PS Ratio. This places Top Glove Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.26. Top Glove Bhd's value of 0.77 is 65.9% below this benchmark. Historically, Top Glove Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 21.32 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 2.26, Top Glove Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.26, based on 524 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Top Glove Bhd's current Cyclically Adjusted PS Ratio of 0.77 is 65.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current Cyclically Adjusted PS Ratio is 0.77, which is 46% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (FRA:5OU) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.92, compared to a current price of €0.49 — trading 46.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.77, which is 46% below median its 10-year median of 1.42 and 65.9% below the Medical Devices & Instruments industry median of 2.26. Top Glove Bhd's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Top Glove Bhd (FRA:5OU), the current Cyclically Adjusted PS Ratio is 0.77 as of Jul. 14, 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 Top Glove Bhd (FRA:5OU) Overvalued in 2026?

Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued. The current stock price of €0.49 is trading 46.7% below its estimated GF Value™ of €0.92. GuruFocus considers Top Glove Bhd to be Significantly Undervalued.

Key valuation signals for FRA:5OU:

  • Cyclically Adjusted PS Ratio: 0.77 (46% below median its 10-year median of 1.42)
  • GF Value™: €0.92 vs. price of €0.49 (46.7% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 65.9% below the Medical Devices & Instruments median (#129 of 524)

No single metric tells the full story. See the FRA:5OU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Glove Bhd Business Description

Address 16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
48GF Score

Get the complete analysis for FRA:5OU

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

€0.49
Price
€0.92
GF Value