ES Ceramics Technology Bhd (XKLS:0100) Cyclically Adjusted PS Ratio: 0.47 (As of Jul. 15, 2026) — 64% Below Median

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XKLS:0100 ES Ceramics Technology Bhd XKLS:0100
61 GF Score
Price RM0.16
GF Value RM0.19
Valuation Modestly Undervalued
! 7 Warning Signs
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What is ES Ceramics Technology Bhd Cyclically Adjusted PS Ratio?

ES Ceramics Technology Bhd XKLS:0100 -3.13% 61 Cyclically Adjusted PS Ratio is 0.47 as of Jul. 15, 2026, which is 64% below its 10-year median of 1.31. GuruFocus rates XKLS:0100 with a GF Score™ of 61/100 and a GF Value™ of RM0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,279 Chemicals companies, ES Ceramics Technology Bhd ranks better than 79.75% on this metric.

As of today (2026-07-15), ES Ceramics Technology Bhd's current share price is RM0.155. ES Ceramics Technology Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was RM0.33. ES Ceramics Technology Bhd's Cyclically Adjusted PS Ratio for today is 0.47.

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

XKLS:0100' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.31   Max: 11.56
Current: 0.47

During the past years, ES Ceramics Technology Bhd's highest Cyclically Adjusted PS Ratio was 11.56. The lowest was 0.29. And the median was 1.31.

XKLS:0100's Cyclically Adjusted PS Ratio is ranked better than
79.75% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs XKLS:0100: 0.47

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.

ES Ceramics Technology Bhd's adjusted revenue per share data for the three months ended in Feb. 2026 was RM0.175. 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 RM0.33 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ES Ceramics Technology Bhd  (XKLS:0100) 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.


ES Ceramics Technology Bhd Cyclically Adjusted PS Ratio Related Terms


ES Ceramics Technology Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ES Ceramics Technology 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.

ES Ceramics Technology Bhd Cyclically Adjusted PS Ratio Chart

ES Ceramics Technology Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 2.50 1.11 0.85 0.39

ES Ceramics Technology Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.43 0.39 0.31 0.32 0.30

XKLS:0100 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, ES Ceramics Technology 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.


ES Ceramics Technology Bhd Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:0100
61GF Score
ES Ceramics Technology Bhd XKLS:0100
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ES Ceramics Technology 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.

ES Ceramics Technology Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.155/0.33
=0.47

* 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.

ES Ceramics Technology Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, ES Ceramics Technology Bhd's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.175/326.7850*326.7850
=0.175

Current CPI (Feb. 2026) = 326.7850.

ES Ceramics Technology Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 0.027 240.229 0.037
201608 0.020 240.849 0.027
201611 0.022 241.353 0.030
201702 0.019 243.603 0.025
201705 0.020 244.733 0.027
201708 0.015 245.519 0.020
201711 0.012 246.669 0.016
201802 0.014 248.991 0.018
201805 0.014 251.588 0.018
201808 0.016 252.146 0.021
201811 0.015 252.038 0.019
201902 0.020 252.776 0.026
201905 0.030 256.092 0.038
201908 0.021 256.558 0.027
201911 0.022 257.208 0.028
202002 0.022 258.678 0.028
202005 0.021 256.394 0.027
202008 0.027 259.918 0.034
202011 0.034 260.229 0.043
202102 0.049 263.014 0.061
202105 0.085 269.195 0.103
202108 0.050 273.567 0.060
202111 0.067 277.948 0.079
202202 0.058 283.716 0.067
202205 0.054 292.296 0.060
202208 0.039 296.171 0.043
202211 0.150 297.711 0.165
202302 0.154 300.840 0.167
202305 0.159 304.127 0.171
202308 0.173 307.026 0.184
202311 0.139 307.051 0.148
202402 0.136 310.326 0.143
202405 0.140 314.069 0.146
202408 0.173 314.796 0.180
202411 0.177 315.493 0.183
202502 0.162 319.082 0.166
202505 0.169 321.465 0.172
202508 0.186 323.976 0.188
202511 0.140 324.122 0.141
202602 0.175 326.785 0.175

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 0.47 mean?
ES Ceramics Technology Bhd (XKLS:0100) has a Cyclically Adjusted PS Ratio of 0.47 as of Jul. 15, 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 ES Ceramics Technology Bhd and its competitors. This is 64% below median its historical median of 1.31. Over the past decade, ES Ceramics Technology Bhd's Cyclically Adjusted PS Ratio has ranged from 0.29 to 11.56. According to the industry distribution chart, ES Ceramics Technology Bhd ranks #259 out of 1279 companies in the Chemicals industry, placing it in the top 20.3%.
Is ES Ceramics Technology Bhd's Cyclically Adjusted PS Ratio too high?
ES Ceramics Technology Bhd's current Cyclically Adjusted PS Ratio of 0.47 is 64% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 11.56. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. ES Ceramics Technology Bhd's value of 0.47 is 64.4% below this industry median. Based on the distribution chart, ES Ceramics Technology Bhd ranks #259 out of 1279 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ES Ceramics Technology Bhd has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ES Ceramics Technology Bhd's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, ES Ceramics Technology Bhd ranks #259 out of 1279 companies for Cyclically Adjusted PS Ratio. This places ES Ceramics Technology Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.32. ES Ceramics Technology Bhd's value of 0.47 is 64.4% below this benchmark. Historically, ES Ceramics Technology Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 11.56 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.32, ES Ceramics Technology 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. ES Ceramics Technology Bhd's current Cyclically Adjusted PS Ratio of 0.47 is 64.4% 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 ES Ceramics Technology Bhd and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ES Ceramics Technology Bhd's current Cyclically Adjusted PS Ratio is 0.47, which is 64% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES Ceramics Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd (XKLS:0100) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.16 — trading 18.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 64% below median its 10-year median of 1.31 and 64.4% below the Chemicals industry median of 1.32. ES Ceramics Technology Bhd's overall GF Score™ is 61/100 with 7 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 ES Ceramics Technology Bhd (XKLS:0100), the current Cyclically Adjusted PS Ratio is 0.47 as of Jul. 15, 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 ES Ceramics Technology Bhd (XKLS:0100) Overvalued in 2026?

Based on GuruFocus' analysis, ES Ceramics Technology Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 18.4% below its estimated GF Value™ of RM0.19. GuruFocus considers ES Ceramics Technology Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0100:

  • Cyclically Adjusted PS Ratio: 0.47 (64% below median its 10-year median of 1.31)
  • GF Value™: RM0.19 vs. price of RM0.16 (18.4% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 64.4% below the Chemicals median (#259 of 1279)

No single metric tells the full story. See the XKLS:0100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ES Ceramics Technology Bhd Business Description

Address Lot 207429, Jalan Seramik Chepor 11/5, Kawasan Perusahaan Seramik Chepor, Chemor, PRK, MYS, 31200
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bags and balloons. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segments include Investing, Glove equipment, and Construction, of which the Construction segment derives the maximum revenue. The Construction segment is engaged in the manufacturing and supply of chemical products and construction materials, including readymix concrete.
61GF Score

Get the complete analysis for XKLS:0100

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

RM0.16
Price
RM0.19
GF Value