Iris Bhd (XKLS:0010) Cyclically Adjusted PS Ratio: 0.50 (As of Jul. 13, 2026) — 12% Below Median


XKLS:0010 Iris Corp Bhd XKLS:0010
41 GF Score
Price RM0.23
GF Value RM0.17
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Iris Bhd Cyclically Adjusted PS Ratio?

Iris Bhd XKLS:0010 41 Cyclically Adjusted PS Ratio is 0.50 as of Jul. 13, 2026, which is 12% below its 10-year median of 0.57. GuruFocus rates XKLS:0010 with a GF Score™ of 41/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,296 Industrial Products companies, Iris Bhd ranks better than 81.66% on this metric.

As of today (2026-07-13), Iris Bhd's current share price is RM0.23. Iris Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.46. Iris Bhd's Cyclically Adjusted PS Ratio for today is 0.50.

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

XKLS:0010' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.57   Max: 1.98
Current: 0.5

During the past years, Iris Bhd's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.29. And the median was 0.57.

XKLS:0010's Cyclically Adjusted PS Ratio is ranked better than
81.66% of 2296 companies
in the Industrial Products industry
Industry Median: 1.85 vs XKLS:0010: 0.50

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.

Iris Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.026. 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 RM0.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iris Bhd  (XKLS:0010) 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.


Iris Bhd Cyclically Adjusted PS Ratio Related Terms


Iris Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Iris 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.

Iris Bhd Cyclically Adjusted PS Ratio Chart

Iris Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.51 0.50 0.62 0.38

Iris Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.62 0.49 0.53 0.50 0.38

Iris Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Iris 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.


Iris Bhd Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iris Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:0010
41GF Score
Iris Corp Bhd XKLS:0010
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iris 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.23/0.46
=0.50

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.026/330.2130*330.2130
=0.026

Current CPI (Mar. 2026) = 330.2130.

Iris Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.143 241.018 0.196
201609 0.158 241.428 0.216
201612 0.243 241.432 0.332
201703 0.226 243.801 0.306
201706 0.180 244.955 0.243
201709 0.187 246.819 0.250
201712 0.109 246.524 0.146
201803 0.095 249.554 0.126
201806 0.123 251.989 0.161
201809 0.120 252.439 0.157
201812 0.065 251.233 0.085
201903 0.048 254.202 0.062
201906 0.098 256.143 0.126
201909 0.097 256.759 0.125
201912 0.059 256.974 0.076
202003 0.055 258.115 0.070
202006 0.033 257.797 0.042
202009 0.030 260.280 0.038
202012 0.028 260.474 0.035
202103 0.051 264.877 0.064
202106 0.035 271.696 0.043
202109 0.059 274.310 0.071
202112 0.092 278.802 0.109
202203 0.080 287.504 0.092
202206 0.083 296.311 0.092
202209 0.133 296.808 0.148
202212 0.107 296.797 0.119
202303 0.106 301.836 0.116
202306 0.156 305.109 0.169
202309 0.096 307.789 0.103
202312 0.146 306.746 0.157
202403 0.057 312.332 0.060
202406 0.100 314.175 0.105
202409 0.050 315.301 0.052
202412 0.070 315.605 0.073
202503 0.052 319.799 0.054
202506 0.077 322.561 0.079
202509 0.061 324.800 0.062
202512 0.041 324.054 0.042
202603 0.026 330.213 0.026

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 0.50 mean?
Iris Bhd (XKLS:0010) has a Cyclically Adjusted PS Ratio of 0.50 as of Jul. 13, 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 Iris Bhd and its competitors. This is 12% below median its historical median of 0.57. Over the past decade, Iris Bhd's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.98. According to the industry distribution chart, Iris Bhd ranks #421 out of 2296 companies in the Industrial Products industry, placing it in the top 18.3%.
Is Iris Bhd's Cyclically Adjusted PS Ratio too high?
Iris Bhd's current Cyclically Adjusted PS Ratio of 0.50 is 12% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.98. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Iris Bhd's value of 0.50 is 73% below this industry median. Based on the distribution chart, Iris Bhd ranks #421 out of 2296 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Iris Bhd has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Bhd's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Iris Bhd ranks #421 out of 2296 companies for Cyclically Adjusted PS Ratio. This places Iris Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.85. Iris Bhd's value of 0.50 is 73% below this benchmark. Historically, Iris Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.98 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.85, Iris 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.85, based on 2,296 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. Iris Bhd's current Cyclically Adjusted PS Ratio of 0.50 is 73% 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 Iris Bhd and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Bhd's current Cyclically Adjusted PS Ratio is 0.50, which is 12% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iris Bhd (XKLS:0010) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.23 — trading 35.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.50, which is 12% below median its 10-year median of 0.57 and 73% below the Industrial Products industry median of 1.85. Iris Bhd's overall GF Score™ is 41/100 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 Iris Bhd (XKLS:0010), the current Cyclically Adjusted PS Ratio is 0.50 as of Jul. 13, 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 Iris Bhd (XKLS:0010) Overvalued in 2026?

Based on GuruFocus' analysis, Iris Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 35.3% above its estimated GF Value™ of RM0.17. GuruFocus considers Iris Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0010:

  • Cyclically Adjusted PS Ratio: 0.50 (12% below median its 10-year median of 0.57)
  • GF Value™: RM0.17 vs. price of RM0.23 (35.3% above fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 73% below the Industrial Products median (#421 of 2296)

No single metric tells the full story. See the XKLS:0010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iris Bhd Business Description

Address IRIS Smart Tech Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Iris Corp Bhd is engaged in operations of segments such as the Trusted Identification, and Sustainable Development division. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-passports, e-identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of its revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.
41GF Score

Get the complete analysis for XKLS:0010

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

RM0.23
Price
RM0.17
GF Value