CE Technology Bhd (XKLS:03024) Cyclically Adjusted PS Ratio: 3.54 (As of Jul. 21, 2026) — 13% Above Median

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XKLS:03024 CE Technology Bhd XKLS:03024
76 GF Score
Price RM0.85
GF Value RM1.65
! 2 Warning Signs
View Full Analysis

What is CE Technology Bhd Cyclically Adjusted PS Ratio?

CE Technology Bhd XKLS:03024 76 Cyclically Adjusted PS Ratio is 3.54 as of Jul. 21, 2026, which is 13% above its 10-year median of 3.13. GuruFocus rates XKLS:03024 with a GF Score™ of 76/100 and a GF Value™ of RM1.65. The stock has 2 warning signs investors should review. Among 1,278 Chemicals companies, CE Technology Bhd ranks worse than 78.01% on this metric.

As of today (2026-07-21), CE Technology Bhd's current share price is RM0.85. CE Technology Bhd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 was RM0.24. CE Technology Bhd's Cyclically Adjusted PS Ratio for today is 3.54.

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

XKLS:03024' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.13   Med: 3.13   Max: 3.61
Current: 3.61

During the past 10 years, CE Technology Bhd's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 3.13. And the median was 3.13.

XKLS:03024's Cyclically Adjusted PS Ratio is ranked worse than
78.01% of 1278 companies
in the Chemicals industry
Industry Median: 1.295 vs XKLS:03024: 3.61

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.

CE Technology Bhd's adjusted revenue per share data of for the fiscal year that ended in Jul25 was RM0.308. 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 RM0.24 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CE Technology Bhd  (XKLS:03024) 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.


CE Technology Bhd Cyclically Adjusted PS Ratio Related Terms


CE Technology Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CE 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.

CE Technology Bhd Cyclically Adjusted PS Ratio Chart

CE Technology Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.19

CE Technology Bhd Semi-Annual Data
Jul16 Jul17 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 0.00 0.00 3.19 0.00

XKLS:03024 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, CE 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.


CE Technology Bhd Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


XKLS:03024
76GF Score
CE Technology Bhd XKLS:03024
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.85/0.24
=3.54

* 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.

CE Technology Bhd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 is calculated as:

For example, CE Technology Bhd's adjusted Revenue per Share data for the fiscal year that ended in Jul25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=0.308/323.0480*323.0480
=0.308

Current CPI (Jul25) = 323.0480.

CE Technology Bhd Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.087 240.628 0.117
201707 0.124 244.786 0.164
201807 0.148 252.006 0.190
201907 0.155 256.571 0.195
202007 0.144 259.101 0.180
202107 0.365 273.003 0.432
202207 0.312 296.276 0.340
202307 0.193 305.691 0.204
202407 0.217 314.540 0.223
202507 0.308 323.048 0.308

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 3.54 mean?
CE Technology Bhd (XKLS:03024) has a Cyclically Adjusted PS Ratio of 3.54 as of Jul. 21, 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 CE Technology Bhd and its competitors. This is 13% above median its historical median of 3.13. Over the past decade, CE Technology Bhd's Cyclically Adjusted PS Ratio has ranged from 3.13 to 3.61. According to the industry distribution chart, CE Technology Bhd ranks #997 out of 1278 companies in the Chemicals industry, placing it in the top 78%.
Is CE Technology Bhd's Cyclically Adjusted PS Ratio too high?
CE Technology Bhd's current Cyclically Adjusted PS Ratio of 3.54 is 13% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 3.61. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.30. CE Technology Bhd's value of 3.54 is 173.4% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #997 out of 1278 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, CE Technology Bhd has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #997 out of 1278 companies for Cyclically Adjusted PS Ratio. This places CE Technology Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. CE Technology Bhd's value of 3.54 is 173.4% above this benchmark. Historically, CE Technology Bhd's own Cyclically Adjusted PS Ratio has ranged from 3.13 to 3.61 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 1.30, CE Technology 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.30, based on 1,278 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. CE Technology Bhd's current Cyclically Adjusted PS Ratio of 3.54 is 173.4% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current Cyclically Adjusted PS Ratio is 3.54, which is 13% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
CE Technology Bhd (XKLS:03024) has a current Cyclically Adjusted PS Ratio of 3.54. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.54, which is 13% above median its 10-year median of 3.13 and 173.4% above the Chemicals industry median of 1.30. CE Technology Bhd's overall GF Score™ is 76/100 with 2 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 CE Technology Bhd (XKLS:03024), the current Cyclically Adjusted PS Ratio is 3.54 as of Jul. 21, 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?

Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued. The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.

Key valuation signals for XKLS:03024:

  • Cyclically Adjusted PS Ratio: 3.54 (13% above median its 10-year median of 3.13)
  • GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 173.4% above the Chemicals median (#997 of 1278)

No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CE Technology Bhd Business Description

Address 11528, Jalan Logam 4, Kawasan Perindustrian Kamunting Raya, West Malaysia, Taiping, PRK, MYS, 34600
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
76GF Score

Get the complete analysis for XKLS:03024

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

RM0.85
Price
RM1.65
GF Value