TechnoDex Bhd (XKLS:0132) Cyclically Adjusted PS Ratio: 0.39 (As of Jul. 20, 2026) — 50% Below Median

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What is TechnoDex Bhd Cyclically Adjusted PS Ratio?

TechnoDex Bhd XKLS:0132 +16.67% Cyclically Adjusted PS Ratio is 0.39 as of Jul. 20, 2026, which is 50% below its 10-year median of 0.78. The stock has 2 warning signs investors should review. Among 1,592 Software companies, TechnoDex Bhd ranks better than 84.74% on this metric.

As of today (2026-07-20), TechnoDex Bhd's current share price is RM0.035. TechnoDex Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.09. TechnoDex Bhd's Cyclically Adjusted PS Ratio for today is 0.39.

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

XKLS:0132' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.78   Max: 2.06
Current: 0.37

During the past years, TechnoDex Bhd's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 0.28. And the median was 0.78.

XKLS:0132's Cyclically Adjusted PS Ratio is ranked better than
84.74% of 1592 companies
in the Software industry
Industry Median: 1.63 vs XKLS:0132: 0.37

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.

TechnoDex Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.014. 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 RM0.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TechnoDex Bhd  (XKLS:0132) 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.


TechnoDex Bhd Cyclically Adjusted PS Ratio Related Terms


TechnoDex Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TechnoDex 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.

TechnoDex Bhd Cyclically Adjusted PS Ratio Chart

TechnoDex Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 0.98 0.77 0.65 0.53

TechnoDex 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 0.54 0.53 0.43 0.32 0.32

XKLS:0132 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, TechnoDex 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.


TechnoDex Bhd Cyclically Adjusted PS Ratio vs Software Industry

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

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



TechnoDex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.035/0.09
=0.39

* 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.

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

For example, TechnoDex 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)
=0.014/330.2130*330.2130
=0.014

Current CPI (Mar. 2026) = 330.2130.

TechnoDex Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 0.017 236.916 0.024
201604 0.015 239.261 0.021
201607 0.021 240.628 0.029
201610 0.021 241.729 0.029
201701 0.032 242.839 0.044
201704 0.034 244.524 0.046
201707 0.037 244.786 0.050
201710 0.022 246.663 0.029
201801 0.026 247.867 0.035
201804 0.027 250.546 0.036
201807 0.020 252.006 0.026
201810 0.026 252.885 0.034
201901 0.031 251.712 0.041
201909 0.031 256.759 0.040
201912 0.029 256.974 0.037
202003 0.017 258.115 0.022
202006 0.010 257.797 0.013
202009 0.016 260.280 0.020
202012 0.026 260.474 0.033
202103 0.015 264.877 0.019
202106 0.019 271.696 0.023
202109 0.013 274.310 0.016
202112 0.015 278.802 0.018
202203 0.006 287.504 0.007
202206 0.008 296.311 0.009
202209 0.019 296.808 0.021
202212 0.018 296.797 0.020
202303 0.019 301.836 0.021
202306 0.009 305.109 0.010
202309 0.011 307.789 0.012
202312 0.014 306.746 0.015
202403 0.012 312.332 0.013
202406 0.012 314.175 0.013
202409 0.013 315.301 0.014
202412 0.016 315.605 0.017
202503 0.014 319.799 0.014
202506 0.025 322.561 0.026
202509 0.016 324.800 0.016
202512 0.022 324.054 0.022
202603 0.014 330.213 0.014

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 0.39 mean?
TechnoDex Bhd (XKLS:0132) has a Cyclically Adjusted PS Ratio of 0.39 as of Jul. 20, 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 TechnoDex Bhd and its competitors. This is 50% below median its historical median of 0.78. Over the past decade, TechnoDex Bhd's Cyclically Adjusted PS Ratio has ranged from 0.28 to 2.06. According to the industry distribution chart, TechnoDex Bhd ranks #243 out of 1592 companies in the Software industry, placing it in the top 15.3%.
Is TechnoDex Bhd's Cyclically Adjusted PS Ratio too high?
TechnoDex Bhd's current Cyclically Adjusted PS Ratio of 0.39 is 50% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.06. The Software industry median Cyclically Adjusted PS Ratio is 1.63. TechnoDex Bhd's value of 0.39 is 76.1% below this industry median. Based on the distribution chart, TechnoDex Bhd ranks #243 out of 1592 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does TechnoDex Bhd's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, TechnoDex Bhd ranks #243 out of 1592 companies for Cyclically Adjusted PS Ratio. This places TechnoDex Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.63. TechnoDex Bhd's value of 0.39 is 76.1% below this benchmark. Historically, TechnoDex Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 2.06 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.63, TechnoDex 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 1.63, based on 1,592 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. TechnoDex Bhd's current Cyclically Adjusted PS Ratio of 0.39 is 76.1% 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 TechnoDex Bhd and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TechnoDex Bhd's current Cyclically Adjusted PS Ratio is 0.39, which is 50% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechnoDex Bhd stock overvalued right now?
Based on GuruFocus' analysis, TechnoDex Bhd (XKLS:0132) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.04 — trading 61.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 50% below median its 10-year median of 0.78 and 76.1% below the Software industry median of 1.63. 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 TechnoDex Bhd (XKLS:0132), the current Cyclically Adjusted PS Ratio is 0.39 as of Jul. 20, 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.

TechnoDex Bhd Business Description

Address No. 2, Jalan Kerinchi, Unit E-07-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Kuala Lumpur, MYS, 59200
TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company's operating segment includes Application support and services and hardware, Manpower outsourcing, E-Commerce, and Others. The company generates maximum revenue from the Application support and services and hardware segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Philippines, Singapore, Thailand, and other Countries. Some of its services include ICT Professional Services, Big Data Solutions and Services, Payroll Processing Services, Cybersecurity Services, and others.