Managepay Systems Bhd (XKLS:0156) Cyclically Adjusted PS Ratio: 2.75 (As of Jul. 22, 2026) — 52% Below Median

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What is Managepay Systems Bhd Cyclically Adjusted PS Ratio?

Managepay Systems Bhd XKLS:0156 Cyclically Adjusted PS Ratio is 2.75 as of Jul. 22, 2026, which is 52% below its 10-year median of 5.75. The stock has 2 warning signs investors should review. Among 1,592 Software companies, Managepay Systems Bhd ranks worse than 60.68% on this metric.

As of today (2026-07-22), Managepay Systems Bhd's current share price is RM0.055. Managepay Systems Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.02. Managepay Systems Bhd's Cyclically Adjusted PS Ratio for today is 2.75.

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

XKLS:0156' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5   Med: 5.75   Max: 13.25
Current: 2.5

During the past years, Managepay Systems Bhd's highest Cyclically Adjusted PS Ratio was 13.25. The lowest was 2.50. And the median was 5.75.

XKLS:0156's Cyclically Adjusted PS Ratio is ranked worse than
60.68% of 1592 companies
in the Software industry
Industry Median: 1.625 vs XKLS:0156: 2.50

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.

Managepay Systems Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.002. 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 RM0.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Managepay Systems Bhd  (XKLS:0156) 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.


Managepay Systems Bhd Cyclically Adjusted PS Ratio Related Terms


Managepay Systems Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Managepay Systems 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.

Managepay Systems Bhd Cyclically Adjusted PS Ratio Chart

Managepay Systems Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 8.65 5.17 5.26 3.71

Managepay Systems Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 3.65 3.71 3.54 3.21 2.73

XKLS:0156 vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Managepay Systems 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.


Managepay Systems Bhd Cyclically Adjusted PS Ratio vs Software Industry

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

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



Managepay Systems 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.055/0.02
=2.75

* 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.

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

For example, Managepay Systems 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)
=0.002/330.2130*330.2130
=0.002

Current CPI (Mar. 2026) = 330.2130.

Managepay Systems Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.002 238.132 0.003
201606 0.002 241.018 0.003
201609 0.001 241.428 0.001
201612 0.003 241.432 0.004
201703 0.002 243.801 0.003
201706 0.002 244.955 0.003
201709 0.002 246.819 0.003
201712 0.005 246.524 0.007
201803 0.005 249.554 0.007
201806 0.004 251.989 0.005
201809 0.005 252.439 0.007
201812 0.002 251.233 0.003
201903 0.006 254.202 0.008
201906 0.005 256.143 0.006
201909 0.008 256.759 0.010
201912 0.008 256.974 0.010
202003 0.004 258.115 0.005
202006 0.005 257.797 0.006
202009 0.006 260.280 0.008
202012 0.003 260.474 0.004
202103 0.005 264.877 0.006
202106 0.004 271.696 0.005
202109 0.004 274.310 0.005
202112 0.017 278.802 0.020
202203 0.005 287.504 0.006
202206 0.005 296.311 0.006
202209 0.006 296.808 0.007
202212 0.005 296.797 0.006
202303 0.005 301.836 0.005
202306 0.005 305.109 0.005
202309 0.005 307.789 0.005
202312 0.005 306.746 0.005
202403 0.005 312.332 0.005
202409 0.004 315.301 0.004
202412 0.003 315.605 0.003
202503 0.003 319.799 0.003
202506 0.005 322.561 0.005
202509 0.002 324.800 0.002
202512 0.009 324.054 0.009
202603 0.002 330.213 0.002

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 2.75 mean?
Managepay Systems Bhd (XKLS:0156) has a Cyclically Adjusted PS Ratio of 2.75 as of Jul. 22, 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 Managepay Systems Bhd and its competitors. This is 52% below median its historical median of 5.75. Over the past decade, Managepay Systems Bhd's Cyclically Adjusted PS Ratio has ranged from 2.50 to 13.25. According to the industry distribution chart, Managepay Systems Bhd ranks #966 out of 1592 companies in the Software industry, placing it in the top 60.7%.
Is Managepay Systems Bhd's Cyclically Adjusted PS Ratio too high?
Managepay Systems Bhd's current Cyclically Adjusted PS Ratio of 2.75 is 52% below median its 10-year median of 5.75. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 13.25. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Managepay Systems Bhd's value of 2.75 is 69.2% above this industry median. Based on the distribution chart, Managepay Systems Bhd ranks #966 out of 1592 companies in the Software industry, which is below the industry midpoint.
How does Managepay Systems Bhd's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Managepay Systems Bhd ranks #966 out of 1592 companies for Cyclically Adjusted PS Ratio. This places Managepay Systems Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Managepay Systems Bhd's value of 2.75 is 69.2% above this benchmark. Historically, Managepay Systems Bhd's own Cyclically Adjusted PS Ratio has ranged from 2.50 to 13.25 over the past decade. While the company's 10-year median is 5.75 vs. the industry median of 1.63, Managepay Systems 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 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. Managepay Systems Bhd's current Cyclically Adjusted PS Ratio of 2.75 is 69.2% 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 Managepay Systems 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. Managepay Systems Bhd's current Cyclically Adjusted PS Ratio is 2.75, which is 52% below median its own 10-year median of 5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managepay Systems Bhd stock overvalued right now?
Based on GuruFocus' analysis, Managepay Systems Bhd (XKLS:0156) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.06 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.75, which is 52% below median its 10-year median of 5.75 and 69.2% above 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 Managepay Systems Bhd (XKLS:0156), the current Cyclically Adjusted PS Ratio is 2.75 as of Jul. 22, 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.

Managepay Systems Bhd Business Description

Address Wisma MPSB, Lot 107 - 113, Jalan USJ 21/10, Subang Jaya, MYS, 47630
Managepay Systems Bhd is an investment holding company. The company operates in two segments: Fintech services includes the provision of e-payment services, e-money services, MasterCard prepaid card services, provision of money lending services licensed by the Ministry of Housing and Local Government, and provision and operations of peer-to-peer (P2P) financing platform licensed by the Securities Commission Malaysia (SC), domestics and cross border remittance; and Non-fintech services segment includes the development, marketing and trading of information and communication technology products, project management, e-commerce, mobile virtual network operator, business outsourcing services and loyalty management services.