Elsoft Research Bhd (XKLS:0090) Cyclically Adjusted PS Ratio: 3.07 (As of Jul. 23, 2026) — 56% Below Median

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XKLS:0090 Elsoft Research Bhd XKLS:0090
52 GF Score
Price RM0.22
GF Value RM0.34
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Elsoft Research Bhd Cyclically Adjusted PS Ratio?

Elsoft Research Bhd XKLS:0090 +2.38% 52 Cyclically Adjusted PS Ratio is 3.07 as of Jul. 23, 2026, which is 56% below its 10-year median of 7.03. GuruFocus rates XKLS:0090 with a GF Score™ of 52/100 and a GF Value™ of RM0.34 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 733 Semiconductors companies, Elsoft Research Bhd ranks worse than 50.89% on this metric.

As of today (2026-07-23), Elsoft Research Bhd's current share price is RM0.215. Elsoft Research Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.07. Elsoft Research Bhd's Cyclically Adjusted PS Ratio for today is 3.07.

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

XKLS:0090' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.71   Med: 7.03   Max: 16.71
Current: 3.14

During the past years, Elsoft Research Bhd's highest Cyclically Adjusted PS Ratio was 16.71. The lowest was 2.71. And the median was 7.03.

XKLS:0090's Cyclically Adjusted PS Ratio is ranked worse than
50.89% of 733 companies
in the Semiconductors industry
Industry Median: 2.98 vs XKLS:0090: 3.14

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.

Elsoft Research Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.004. 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 RM0.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elsoft Research Bhd  (XKLS:0090) 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.


Elsoft Research Bhd Cyclically Adjusted PS Ratio Related Terms


Elsoft Research Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Elsoft Research 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.

Elsoft Research Bhd Cyclically Adjusted PS Ratio Chart

Elsoft Research 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 14.28 7.38 6.87 5.69 3.87

Elsoft Research 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 4.30 4.59 4.40 3.87 3.75

XKLS:0090 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Elsoft Research 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.


Elsoft Research Bhd Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Elsoft Research Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:0090
52GF Score
Elsoft Research Bhd XKLS:0090
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elsoft Research 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.215/0.07
=3.07

* 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.

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

For example, Elsoft Research 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)
=0.004/330.2130*330.2130
=0.004

Current CPI (Mar. 2026) = 330.2130.

Elsoft Research Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.028 241.018 0.038
201609 0.029 241.428 0.040
201612 0.025 241.432 0.034
201703 0.023 243.801 0.031
201706 0.022 244.955 0.030
201709 0.023 246.819 0.031
201712 0.026 246.524 0.035
201803 0.025 249.554 0.033
201806 0.036 251.989 0.047
201809 0.037 252.439 0.048
201812 0.020 251.233 0.026
201903 0.015 254.202 0.019
201906 0.018 256.143 0.023
201909 0.007 256.759 0.009
201912 0.009 256.974 0.012
202003 0.006 258.115 0.008
202006 0.006 257.797 0.008
202009 0.007 260.280 0.009
202012 0.007 260.474 0.009
202103 0.006 264.877 0.007
202106 0.008 271.696 0.010
202109 0.010 274.310 0.012
202112 0.019 278.802 0.023
202203 0.010 287.504 0.011
202206 0.013 296.311 0.014
202209 0.011 296.808 0.012
202212 0.007 296.797 0.008
202303 0.007 301.836 0.008
202306 0.009 305.109 0.010
202309 0.005 307.789 0.005
202312 0.003 306.746 0.003
202403 0.007 312.332 0.007
202406 0.006 314.175 0.006
202409 0.003 315.301 0.003
202412 0.005 315.605 0.005
202503 0.003 319.799 0.003
202506 0.002 322.561 0.002
202509 0.005 324.800 0.005
202512 0.003 324.054 0.003
202603 0.004 330.213 0.004

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 3.07 mean?
Elsoft Research Bhd (XKLS:0090) has a Cyclically Adjusted PS Ratio of 3.07 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 Elsoft Research Bhd and its competitors. This is 56% below median its historical median of 7.03. Over the past decade, Elsoft Research Bhd's Cyclically Adjusted PS Ratio has ranged from 2.71 to 16.71. According to the industry distribution chart, Elsoft Research Bhd ranks #373 out of 733 companies in the Semiconductors industry, placing it in the top 50.9%.
Is Elsoft Research Bhd's Cyclically Adjusted PS Ratio too high?
Elsoft Research Bhd's current Cyclically Adjusted PS Ratio of 3.07 is 56% below median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 16.71. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.98. Elsoft Research Bhd's value of 3.07 is 3% above this industry median. Based on the distribution chart, Elsoft Research Bhd ranks #373 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Elsoft Research Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elsoft Research Bhd's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Elsoft Research Bhd ranks #373 out of 733 companies for Cyclically Adjusted PS Ratio. This places Elsoft Research Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.98. Elsoft Research Bhd's value of 3.07 is 3% above this benchmark. Historically, Elsoft Research Bhd's own Cyclically Adjusted PS Ratio has ranged from 2.71 to 16.71 over the past decade. While the company's 10-year median is 7.03 vs. the industry median of 2.98, Elsoft Research Bhd has consistently been above 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.98, based on 733 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. Elsoft Research Bhd's current Cyclically Adjusted PS Ratio of 3.07 is 3% above 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 Elsoft Research Bhd and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elsoft Research Bhd's current Cyclically Adjusted PS Ratio is 3.07, which is 56% below median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsoft Research Bhd stock overvalued right now?
Based on GuruFocus' analysis, Elsoft Research Bhd (XKLS:0090) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.34, compared to a current price of RM0.22 — trading 36.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.07, which is 56% below median its 10-year median of 7.03 and 3% above the Semiconductors industry median of 2.98. Elsoft Research Bhd's overall GF Score™ is 52/100 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 Elsoft Research Bhd (XKLS:0090), the current Cyclically Adjusted PS Ratio is 3.07 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.

Is Elsoft Research Bhd (XKLS:0090) Overvalued in 2026?

Based on GuruFocus' analysis, Elsoft Research Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 36.8% below its estimated GF Value™ of RM0.34. GuruFocus considers Elsoft Research Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0090:

  • Cyclically Adjusted PS Ratio: 3.07 (56% below median its 10-year median of 7.03)
  • GF Value™: RM0.34 vs. price of RM0.22 (36.8% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 3% above the Semiconductors median (#373 of 733)

No single metric tells the full story. See the XKLS:0090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elsoft Research Bhd Business Description

Address Plot 85 B, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900
Elsoft Research Bhd is principally involved in the research, design, and development of test, burn-in, and application-specific embedded systems. The company mainly provides cost effective ATE solutions to the semiconductor, optoelectronic, and automation industries. Its test and burn-in systems are used by customers manufacturing optoelectronic devices such as LED, image sensors, and automotive lightings to test their products before launching into the market. The company also engaged a new customer to develop a test solution for metalens technology while continuing to focus on the medical device market. , and maximum revenue is generated from Malaysia, followed by Asia (excluding Malaysia), and the United States.
52GF Score

Get the complete analysis for XKLS:0090

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

RM0.22
Price
RM0.34
GF Value