Nova MSC Bhd (XKLS:0026) Cyclically Adjusted PS Ratio: 1.08 (As of Jul. 25, 2026) — 14% Below Median

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What is Nova MSC Bhd Cyclically Adjusted PS Ratio?

Nova MSC Bhd XKLS:0026 Cyclically Adjusted PS Ratio is 1.08 as of Jul. 25, 2026, which is 14% below its 10-year median of 1.25. The stock has 7 warning signs investors should review. Among 1,593 Software companies, Nova MSC Bhd ranks better than 58.82% on this metric.

As of today (2026-07-25), Nova MSC Bhd's current share price is RM0.065. Nova MSC Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.06. Nova MSC Bhd's Cyclically Adjusted PS Ratio for today is 1.08.

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

XKLS:0026' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.25   Max: 3.79
Current: 1.21

During the past years, Nova MSC Bhd's highest Cyclically Adjusted PS Ratio was 3.79. The lowest was 0.38. And the median was 1.25.

XKLS:0026's Cyclically Adjusted PS Ratio is ranked better than
58.82% of 1593 companies
in the Software industry
Industry Median: 1.62 vs XKLS:0026: 1.21

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.

Nova MSC Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.003. 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 RM0.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova MSC Bhd  (XKLS:0026) 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.


Nova MSC Bhd Cyclically Adjusted PS Ratio Related Terms


Nova MSC Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nova MSC 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.

Nova MSC Bhd Cyclically Adjusted PS Ratio Chart

Nova MSC Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 1.13 1.09 1.54 1.44

Nova MSC 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 1.01 0.95 0.88 0.91 0.78

XKLS:0026 vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Nova MSC 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.


Nova MSC Bhd Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Nova MSC Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nova MSC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.065/0.06
=1.08

* 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.

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

For example, Nova MSC 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)
=0.003/330.2130*330.2130
=0.003

Current CPI (Mar. 2026) = 330.2130.

Nova MSC Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.050 241.018 0.069
201609 0.036 241.428 0.049
201612 0.031 241.432 0.042
201703 0.030 243.801 0.041
201706 0.012 244.955 0.016
201709 0.014 246.819 0.019
201712 0.017 246.524 0.023
201803 0.009 249.554 0.012
201806 0.019 251.989 0.025
201809 0.015 252.439 0.020
201812 0.024 251.233 0.032
201903 0.014 254.202 0.018
201906 0.017 256.143 0.022
201909 0.012 256.759 0.015
201912 0.012 256.974 0.015
202003 0.009 258.115 0.012
202006 0.004 257.797 0.005
202009 0.007 260.280 0.009
202012 0.005 260.474 0.006
202103 0.007 264.877 0.009
202106 0.006 271.696 0.007
202109 0.008 274.310 0.010
202112 0.002 278.802 0.002
202203 0.003 287.504 0.003
202206 0.007 296.311 0.008
202209 0.005 296.808 0.006
202212 0.005 296.797 0.006
202303 0.006 301.836 0.007
202306 0.006 305.109 0.006
202309 0.008 307.789 0.009
202312 0.009 306.746 0.010
202403 0.005 312.332 0.005
202406 0.006 314.175 0.006
202409 0.009 315.301 0.009
202412 0.008 315.605 0.008
202503 0.005 319.799 0.005
202506 0.004 322.561 0.004
202509 0.004 324.800 0.004
202512 0.003 324.054 0.003
202603 0.003 330.213 0.003

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 1.08 mean?
Nova MSC Bhd (XKLS:0026) has a Cyclically Adjusted PS Ratio of 1.08 as of Jul. 25, 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 Nova MSC Bhd and its competitors. This is 14% below median its historical median of 1.25. Over the past decade, Nova MSC Bhd's Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.79. According to the industry distribution chart, Nova MSC Bhd ranks #656 out of 1593 companies in the Software industry, placing it in the top 41.2%.
Is Nova MSC Bhd's Cyclically Adjusted PS Ratio too high?
Nova MSC Bhd's current Cyclically Adjusted PS Ratio of 1.08 is 14% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.79. The Software industry median Cyclically Adjusted PS Ratio is 1.62. Nova MSC Bhd's value of 1.08 is 33.3% below this industry median. Based on the distribution chart, Nova MSC Bhd ranks #656 out of 1593 companies in the Software industry, which is above the industry midpoint.
How does Nova MSC Bhd's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Nova MSC Bhd ranks #656 out of 1593 companies for Cyclically Adjusted PS Ratio. This puts Nova MSC Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. Nova MSC Bhd's value of 1.08 is 33.3% below this benchmark. Historically, Nova MSC Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.79 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.62, Nova MSC 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.62, based on 1,593 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. Nova MSC Bhd's current Cyclically Adjusted PS Ratio of 1.08 is 33.3% 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 Nova MSC Bhd and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova MSC Bhd's current Cyclically Adjusted PS Ratio is 1.08, which is 14% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nova MSC Bhd (XKLS:0026) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 30% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.08, which is 14% below median its 10-year median of 1.25 and 33.3% below the Software industry median of 1.62. 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 Nova MSC Bhd (XKLS:0026), the current Cyclically Adjusted PS Ratio is 1.08 as of Jul. 25, 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.

Nova MSC Bhd Business Description

Address No. 1, Medan Syed Putra Utara, Suite A-18-3, Northpoint, Mid Valley City, Tower A, Level 18, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Nova MSC Bhd is an investment holding company engaged in software research and development and the provision of e-business solutions through application software and professional services. The Group operates one segment, E-Business Solutions, covering software development, e-business solutions, and software-related consultancy services. Its products include Pavo for online submissions, Fornax for electronic plan checking, Vesalius for hospital functions, Avicenna for cloud-based patient management, EyScan for retinal photo analysis using SELENA+, and Dexie, a social robot for dementia care. The Company also provides consultancy, training, maintenance and customization services in Malaysia and Singapore.