MYTEF (Telekom Malaysia Bhd) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MYTEF Telekom Malaysia Bhd MYTEF
79 GF Score
Price $2.00
GF Value $1.76
! 5 Warning Signs
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What is Telekom Malaysia Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Telekom Malaysia Bhd  (OTCPK:MYTEF) 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.


Telekom Malaysia Bhd Cyclically Adjusted PS Ratio Related Terms


Telekom Malaysia Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Telekom Malaysia 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.

Telekom Malaysia Bhd Cyclically Adjusted PS Ratio Chart

Telekom Malaysia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 0.75 1.18 1.89 2.13

Telekom Malaysia Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.89 1.89 2.12 2.09 2.09

MYTEF vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Telekom Malaysia 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.


Telekom Malaysia Bhd Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telekom Malaysia Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MYTEF
79GF Score
Telekom Malaysia Bhd MYTEF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Telekom Malaysia 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.

Telekom Malaysia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Telekom Malaysia Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.193/333.9520*333.9520
=0.193

Current CPI (Jun. 2026) = 333.9520.

Telekom Malaysia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.192 241.428 0.266
201612 0.199 241.432 0.275
201703 0.177 243.801 0.242
201706 0.182 244.955 0.248
201709 0.183 246.819 0.248
201712 0.203 246.524 0.275
201803 0.192 249.554 0.257
201806 0.197 251.989 0.261
201809 0.192 252.439 0.254
201812 0.196 251.233 0.261
201903 0.180 254.202 0.236
201906 0.177 256.143 0.231
201909 0.180 256.759 0.234
201912 0.193 256.974 0.251
202003 0.161 258.115 0.208
202006 0.158 257.797 0.205
202009 0.168 260.280 0.216
202012 0.192 260.474 0.246
202103 0.181 264.877 0.228
202106 0.176 271.696 0.216
202109 0.175 274.310 0.213
202112 0.198 278.802 0.237
202203 0.181 287.504 0.210
202206 0.187 296.311 0.211
202209 0.185 296.808 0.208
202212 0.170 296.797 0.191
202303 0.165 301.836 0.183
202306 0.170 305.109 0.186
202309 0.166 307.789 0.180
202312 0.165 306.746 0.180
202403 0.157 312.332 0.168
202406 0.160 314.175 0.170
202409 0.170 315.301 0.180
202412 0.181 315.605 0.192
202503 0.167 319.799 0.174
202506 0.168 322.561 0.174
202509 0.185 324.800 0.190
202512 0.204 324.054 0.210
202603 0.193 330.213 0.195
202606 0.193 333.952 0.193

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.

Is Telekom Malaysia Bhd (MYTEF) Overvalued in 2026?

Based on GuruFocus' analysis, Telekom Malaysia Bhd stock appears to be overvalued. The current stock price of $2.00 is trading 13.6% above its estimated GF Value™ of $1.76.

Key valuation signals for MYTEF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $1.76 vs. price of $2.00 (13.6% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Telekom Malaysia Bhd Business Description

Other Exchanges 4863:Malaysia
Address Jalan Pantai Baharu, Menara TM, Kuala Lumpur, SGR, MYS, 50672
Telekom Malaysia Bhd is a telecommunications company. It generates revenue from the Internet and multimedia services, Data services, Voice services, Non-telecommunications related services, and Other telecommunications-related services, in which it generates the majority of its revenue from Internet and multimedia services. The company owns telecommunications infrastructure. The Group has identified a single reportable segment of providing fixed-mobile convergence services, which offers integrated broadband, mobile, and data services, digital content, as well as other solutions. It generates the vast majority of its revenue in Malaysia.
79GF Score

Get the complete analysis for MYTEF

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

$2.00
Price
$1.76
GF Value