SMTrack Bhd (XKLS:0169) Cyclically Adjusted PS Ratio: 0.13 (As of Jul. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is SMTrack Bhd Cyclically Adjusted PS Ratio?

SMTrack Bhd XKLS:0169 Cyclically Adjusted PS Ratio is 0.13 as of Jul. 19, 2026.

As of today (2026-07-19), SMTrack Bhd's current share price is RM0.005. SMTrack Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was RM0.04. SMTrack Bhd's Cyclically Adjusted PS Ratio for today is 0.13.

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

XKLS:0169's Cyclically Adjusted PS Ratio is not ranked *
in the Software industry.
Industry Median: 1.63
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

SMTrack Bhd's adjusted revenue per share data for the three months ended in Dec. 2024 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 RM0.04 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMTrack Bhd  (XKLS:0169) 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.


SMTrack Bhd Cyclically Adjusted PS Ratio Related Terms


SMTrack Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SMTrack 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.

SMTrack Bhd Cyclically Adjusted PS Ratio Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

SMTrack Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 0.82 1.39 1.22 0.67 0.54

XKLS:0169 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, SMTrack 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.


SMTrack Bhd Cyclically Adjusted PS Ratio vs Software Industry

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

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



SMTrack 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.005/0.04
=0.13

* 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.

SMTrack Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, SMTrack Bhd's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.002/315.6050*315.6050
=0.002

Current CPI (Dec. 2024) = 315.6050.

SMTrack Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.013 234.149 0.018
201312 0.004 233.049 0.005
201403 0.008 236.293 0.011
201406 0.003 238.343 0.004
201412 0.003 234.812 0.004
201503 0.000 236.119 0.000
201506 0.008 238.638 0.011
201509 0.003 237.945 0.004
201512 0.036 236.525 0.048
201606 0.003 241.018 0.004
201610 0.070 241.729 0.091
201701 0.005 242.839 0.006
201704 0.015 244.524 0.019
201707 0.010 244.786 0.013
201710 0.005 246.663 0.006
201801 0.000 247.867 0.000
201804 0.003 250.546 0.004
201807 0.005 252.006 0.006
201810 0.003 252.885 0.004
201901 0.003 251.712 0.004
201904 0.003 255.548 0.004
201907 0.003 256.571 0.004
201910 0.002 257.346 0.002
202001 0.003 257.971 0.004
202004 0.003 256.389 0.004
202007 0.002 259.101 0.002
202010 0.002 260.388 0.002
202101 0.002 261.582 0.002
202104 0.001 267.054 0.001
202110 0.001 276.589 0.001
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.000 296.808 0.000
202212 0.000 296.797 0.000
202303 0.007 301.836 0.007
202309 0.004 307.789 0.004
202312 0.005 306.746 0.005
202403 0.003 312.332 0.003
202409 0.004 315.301 0.004
202412 0.002 315.605 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 0.13 mean?
SMTrack Bhd (XKLS:0169) has a Cyclically Adjusted PS Ratio of 0.13 as of Jul. 19, 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 SMTrack Bhd and its competitors.
Is SMTrack Bhd's Cyclically Adjusted PS Ratio too high?
SMTrack Bhd's current Cyclically Adjusted PS Ratio is 0.13. The Software industry median Cyclically Adjusted PS Ratio is 1.63. SMTrack Bhd's value of 0.13 is 92% below this industry median.
How does SMTrack Bhd's Cyclically Adjusted PS Ratio compare to IBM and ACN?
SMTrack Bhd's Cyclically Adjusted PS Ratio of 0.13 can be compared against companies in the Software industry. The industry median Cyclically Adjusted PS Ratio is 1.63. SMTrack Bhd's value of 0.13 is 92% below this benchmark. 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. SMTrack Bhd's current Cyclically Adjusted PS Ratio of 0.13 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 SMTrack 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. SMTrack Bhd's current Cyclically Adjusted PS Ratio is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMTrack Bhd stock overvalued right now?
SMTrack Bhd (XKLS:0169) has a current Cyclically Adjusted PS Ratio of 0.13. The current Cyclically Adjusted PS Ratio is 0.13 and 92% 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 SMTrack Bhd (XKLS:0169), the current Cyclically Adjusted PS Ratio is 0.13 as of Jul. 19, 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.

SMTrack Bhd Business Description

Address Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.