MAA Group Bhd (XKLS:1198) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:1198 MAA Group Bhd XKLS:1198
10 GF Score
Price RM0.14
GF Value RM0.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is MAA Group Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MAA Group Bhd  (XKLS:1198) 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.


MAA Group Bhd Cyclically Adjusted PS Ratio Related Terms


MAA Group Bhd Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for MAA Group 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.

MAA Group Bhd Cyclically Adjusted PS Ratio Chart

MAA Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
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MAA Group Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.29 0.32 0.30 0.27 0.26

XKLS:1198 vs BRK.A, AIG, HIG: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, MAA Group 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.


MAA Group Bhd Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, MAA Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1198
10GF Score
MAA Group Bhd XKLS:1198
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MAA Group 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.

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

For example, MAA Group Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.091/333.9520*333.9520
=0.091

Current CPI (Jun. 2026) = 333.9520.

MAA Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.023 241.428 0.032
201612 0.014 241.432 0.019
201703 0.015 243.801 0.021
201706 0.206 244.955 0.281
201709 0.120 246.819 0.162
201712 0.123 246.524 0.167
201803 0.119 249.554 0.159
201806 0.117 251.989 0.155
201809 0.136 252.439 0.180
201812 0.114 251.233 0.152
201903 0.149 254.202 0.196
201906 0.107 256.143 0.140
201909 0.129 256.759 0.168
201912 0.135 256.974 0.175
202003 0.144 258.115 0.186
202006 0.201 257.797 0.260
202009 0.125 260.280 0.160
202012 0.164 260.474 0.210
202103 0.182 264.877 0.229
202106 0.172 271.696 0.211
202109 0.174 274.310 0.212
202112 0.158 278.802 0.189
202203 0.184 287.504 0.214
202206 0.201 296.311 0.227
202209 0.087 296.808 0.098
202212 0.088 296.797 0.099
202303 0.088 301.836 0.097
202306 0.109 305.109 0.119
202309 0.098 307.789 0.106
202312 0.095 306.746 0.103
202403 0.104 312.332 0.111
202406 0.117 314.175 0.124
202409 0.119 315.301 0.126
202412 0.114 315.605 0.121
202503 0.102 319.799 0.107
202506 0.097 322.561 0.100
202509 0.111 324.800 0.114
202512 0.084 324.054 0.087
202603 0.084 330.213 0.085
202606 0.091 333.952 0.091

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.

Is MAA Group Bhd (XKLS:1198) Overvalued in 2026?

Based on GuruFocus' analysis, MAA Group Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 26.3% below its estimated GF Value™ of RM0.19. GuruFocus considers MAA Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:1198:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: RM0.19 vs. price of RM0.14 (26.3% below fair value)
  • GF Score™: 10/100 with 4 warning signs

No single metric tells the full story. See the XKLS:1198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MAA Group Bhd Business Description

Address No. 566 Jalan Ipoh, 13th Floor, Kuala Lumpur, MYS, 51200
MAA Group Bhd is an investment holding company. The company along with its subsidiaries operates in given segments Investment holdings segment is engaged in investment holdings. General Insurance involves the underwriting of all classes of general insurance business. Education Services segment provides private tuition to students, tertiary education for certificates, diplomas, professional and post-graduate degrees; Credit Services involves provision of money lending, debt factoring and other credit activities and Hospitality Services involves provision of hospitality services, Cinema Services food and beverage, retailer of Cigars, and other services including logistics, renovation, facilities management service. It generates maximum revenue from the General insurance segment.
10GF Score

Get the complete analysis for XKLS:1198

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

RM0.14
Price
RM0.19
GF Value