Asdion Bhd (XKLS:0068) Cyclically Adjusted PS Ratio: 0.06 (As of Jul. 23, 2026) — 89% Below Median

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.

What is Asdion Bhd Cyclically Adjusted PS Ratio?

Asdion Bhd XKLS:0068 Cyclically Adjusted PS Ratio is 0.06 as of Jul. 23, 2026, which is 89% below its 10-year median of 0.57. The stock has 3 warning signs investors should review. Among 471 Conglomerates companies, Asdion Bhd ranks better than 94.48% on this metric.

As of today (2026-07-23), Asdion Bhd's current share price is RM0.005. Asdion Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was RM0.08. Asdion Bhd's Cyclically Adjusted PS Ratio for today is 0.06.

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

XKLS:0068' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.57   Max: 6.88
Current: 0.07

During the past years, Asdion Bhd's highest Cyclically Adjusted PS Ratio was 6.88. The lowest was 0.06. And the median was 0.57.

XKLS:0068's Cyclically Adjusted PS Ratio is ranked better than
94.48% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs XKLS:0068: 0.07

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.

Asdion Bhd's adjusted revenue per share data for the three months ended in Sep. 2025 was RM0.011. 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 RM0.08 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asdion Bhd  (XKLS:0068) 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.


Asdion Bhd Cyclically Adjusted PS Ratio Related Terms


Asdion Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asdion 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.

Asdion Bhd Cyclically Adjusted PS Ratio Chart

Asdion Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Sep20 Sep21 Sep22 Sep23 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.79 0.40 0.34

Asdion Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.42 0.42 0.34 0.34 0.40

XKLS:0068 vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Asdion 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.


Asdion Bhd Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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



Asdion 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.005/0.08
=0.06

* 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.

Asdion Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Asdion Bhd's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.011/324.8000*324.8000
=0.011

Current CPI (Sep. 2025) = 324.8000.

Asdion Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.023 236.119 0.032
201506 0.046 238.638 0.063
201509 0.048 237.945 0.066
201512 0.075 236.525 0.103
201603 0.003 238.132 0.004
201606 0.009 241.018 0.012
201609 0.024 241.428 0.032
201612 0.019 241.432 0.026
201703 0.013 243.801 0.017
201706 0.012 244.955 0.016
201709 0.010 246.819 0.013
201712 0.007 246.524 0.009
201803 0.007 249.554 0.009
201806 0.030 251.989 0.039
201809 0.032 252.439 0.041
201812 0.029 251.233 0.037
201906 0.026 256.143 0.033
201912 0.007 256.974 0.009
202003 0.002 258.115 0.003
202006 0.018 257.797 0.023
202009 0.002 260.280 0.002
202012 0.008 260.474 0.010
202103 0.014 264.877 0.017
202106 0.011 271.696 0.013
202109 0.000 274.310 0.000
202112 0.005 278.802 0.006
202203 0.004 287.504 0.005
202206 0.002 296.311 0.002
202209 0.007 296.808 0.008
202212 0.005 296.797 0.005
202303 0.002 301.836 0.002
202306 0.003 305.109 0.003
202309 0.004 307.789 0.004
202312 0.003 306.746 0.003
202406 0.007 314.175 0.007
202409 0.011 315.301 0.011
202412 0.015 315.605 0.015
202503 0.011 319.799 0.011
202506 0.013 322.561 0.013
202509 0.011 324.800 0.011

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 0.06 mean?
Asdion Bhd (XKLS:0068) has a Cyclically Adjusted PS Ratio of 0.06 as of Jul. 23, 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 Asdion Bhd and its competitors. This is 89% below median its historical median of 0.57. Over the past decade, Asdion Bhd's Cyclically Adjusted PS Ratio has ranged from 0.06 to 6.88. According to the industry distribution chart, Asdion Bhd ranks #26 out of 471 companies in the Conglomerates industry, placing it in the top 5.5%.
Is Asdion Bhd's Cyclically Adjusted PS Ratio too high?
Asdion Bhd's current Cyclically Adjusted PS Ratio of 0.06 is 89% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 6.88. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Asdion Bhd's value of 0.06 is 92% below this industry median. Based on the distribution chart, Asdion Bhd ranks #26 out of 471 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Asdion Bhd's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Asdion Bhd ranks #26 out of 471 companies for Cyclically Adjusted PS Ratio. This places Asdion Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.75. Asdion Bhd's value of 0.06 is 92% below this benchmark. Historically, Asdion Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 6.88 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.75, Asdion 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 471 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. Asdion Bhd's current Cyclically Adjusted PS Ratio of 0.06 is 92% 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 Asdion Bhd and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asdion Bhd's current Cyclically Adjusted PS Ratio is 0.06, which is 89% 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 Asdion Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asdion Bhd (XKLS:0068) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.01 — trading 96.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.06, which is 89% below median its 10-year median of 0.57 and 92% below the Conglomerates industry median of 0.75. 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 Asdion Bhd (XKLS:0068), the current Cyclically Adjusted PS Ratio is 0.06 as of Jul. 23, 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.

Asdion Bhd Business Description

Address No. 1, Jalan Syed Putra, Unit 2-5, Menara MBMR, Kuala Lumpur, SGR, MYS, 58000
Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in stainless steel and related activities.