Iskandar Waterfront City Bhd (XKLS:1589) Cyclically Adjusted PS Ratio: 1.35 (As of Jul. 23, 2026) — 26% Below Median

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XKLS:1589 Iskandar Waterfront City Bhd XKLS:1589
24 GF Score
Price RM0.23
GF Value RM0.18
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Iskandar Waterfront City Bhd Cyclically Adjusted PS Ratio?

Iskandar Waterfront City Bhd XKLS:1589 -4.26% 24 Cyclically Adjusted PS Ratio is 1.35 as of Jul. 23, 2026, which is 26% below its 10-year median of 1.82. GuruFocus rates XKLS:1589 with a GF Score™ of 24/100 and a GF Value™ of RM0.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,359 Real Estate companies, Iskandar Waterfront City Bhd ranks better than 57.91% on this metric.

As of today (2026-07-23), Iskandar Waterfront City Bhd's current share price is RM0.23. Iskandar Waterfront City Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.17. Iskandar Waterfront City Bhd's Cyclically Adjusted PS Ratio for today is 1.35.

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

XKLS:1589' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.82   Max: 4.29
Current: 1.37

During the past years, Iskandar Waterfront City Bhd's highest Cyclically Adjusted PS Ratio was 4.29. The lowest was 0.96. And the median was 1.82.

XKLS:1589's Cyclically Adjusted PS Ratio is ranked better than
57.91% of 1359 companies
in the Real Estate industry
Industry Median: 1.83 vs XKLS:1589: 1.37

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.

Iskandar Waterfront City 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 RM0.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iskandar Waterfront City Bhd  (XKLS:1589) 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.


Iskandar Waterfront City Bhd Cyclically Adjusted PS Ratio Related Terms


Iskandar Waterfront City Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd Cyclically Adjusted PS Ratio Chart

Iskandar Waterfront City Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.14 3.52 3.03 1.50

Iskandar Waterfront City 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 1.72 1.68 1.94 1.50 1.16

Iskandar Waterfront City Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Iskandar Waterfront City 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.


Iskandar Waterfront City Bhd Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Iskandar Waterfront City Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1589
24GF Score
Iskandar Waterfront City Bhd XKLS:1589
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.23/0.17
=1.35

* 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.

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

For example, Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.030 241.018 0.041
201609 0.024 241.428 0.033
201612 0.037 241.432 0.051
201703 0.015 243.801 0.020
201706 0.016 244.955 0.022
201709 0.264 246.819 0.353
201712 0.029 246.524 0.039
201803 0.038 249.554 0.050
201806 0.021 251.989 0.028
201809 0.020 252.439 0.026
201812 0.068 251.233 0.089
201903 0.042 254.202 0.055
201906 0.087 256.143 0.112
201909 0.081 256.759 0.104
201912 0.052 256.974 0.067
202003 0.023 258.115 0.029
202006 0.071 257.797 0.091
202009 0.011 260.280 0.014
202012 0.023 260.474 0.029
202103 0.009 264.877 0.011
202106 0.011 271.696 0.013
202109 0.004 274.310 0.005
202112 -0.003 278.802 -0.004
202203 0.005 287.504 0.006
202206 0.007 296.311 0.008
202209 0.019 296.808 0.021
202212 0.069 296.797 0.077
202303 0.019 301.836 0.021
202306 0.025 305.109 0.027
202309 0.026 307.789 0.028
202312 0.044 306.746 0.047
202403 0.041 312.332 0.043
202406 0.042 314.175 0.044
202409 0.020 315.301 0.021
202412 0.008 315.605 0.008
202503 0.008 319.799 0.008
202506 0.008 322.561 0.008
202509 0.005 324.800 0.005
202512 0.026 324.054 0.026
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 1.35 mean?
Iskandar Waterfront City Bhd (XKLS:1589) has a Cyclically Adjusted PS Ratio of 1.35 as of Jul. 23, 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 Iskandar Waterfront City Bhd and its competitors. This is 26% below median its historical median of 1.82. Over the past decade, Iskandar Waterfront City Bhd's Cyclically Adjusted PS Ratio has ranged from 0.96 to 4.29. According to the industry distribution chart, Iskandar Waterfront City Bhd ranks #572 out of 1359 companies in the Real Estate industry, placing it in the top 42.1%.
Is Iskandar Waterfront City Bhd's Cyclically Adjusted PS Ratio too high?
Iskandar Waterfront City Bhd's current Cyclically Adjusted PS Ratio of 1.35 is 26% below median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 4.29. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Iskandar Waterfront City Bhd's value of 1.35 is 26.2% below this industry median. Based on the distribution chart, Iskandar Waterfront City Bhd ranks #572 out of 1359 companies in the Real Estate industry, which is above the industry midpoint. Overall, Iskandar Waterfront City Bhd has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iskandar Waterfront City Bhd's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Iskandar Waterfront City Bhd ranks #572 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Iskandar Waterfront City Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Iskandar Waterfront City Bhd's value of 1.35 is 26.2% below this benchmark. Historically, Iskandar Waterfront City Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.96 to 4.29 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.83, Iskandar Waterfront City 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,359 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. Iskandar Waterfront City Bhd's current Cyclically Adjusted PS Ratio of 1.35 is 26.2% 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 Iskandar Waterfront City Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iskandar Waterfront City Bhd's current Cyclically Adjusted PS Ratio is 1.35, which is 26% below median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iskandar Waterfront City Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iskandar Waterfront City Bhd (XKLS:1589) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.23 — trading 27.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.35, which is 26% below median its 10-year median of 1.82 and 26.2% below the Real Estate industry median of 1.83. Iskandar Waterfront City Bhd's overall GF Score™ is 24/100 with 5 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 Iskandar Waterfront City Bhd (XKLS:1589), the current Cyclically Adjusted PS Ratio is 1.35 as of Jul. 23, 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 Iskandar Waterfront City Bhd (XKLS:1589) Overvalued in 2026?

Based on GuruFocus' analysis, Iskandar Waterfront City Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 27.8% above its estimated GF Value™ of RM0.18. GuruFocus considers Iskandar Waterfront City Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:1589:

  • Cyclically Adjusted PS Ratio: 1.35 (26% below median its 10-year median of 1.82)
  • GF Value™: RM0.18 vs. price of RM0.23 (27.8% above fair value)
  • GF Score™: 24/100 with 5 warning signs
  • Industry Position: 26.2% below the Real Estate median (#572 of 1359)

No single metric tells the full story. See the XKLS:1589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iskandar Waterfront City Bhd Business Description

Address Jalan Skudai, Danga Bay, No. G08, Block 8, Johor Bahru, JHR, MYS, 80200
Iskandar Waterfront City Bhd is an investment holding company involved in property development, construction, property investment, and property management activities. The Group mainly focuses on landed township development products. Its reportable segments are Property Development, Construction, and Others. It generates majority of its revenue from the Property Development segment, which involves the development of residential and commercial properties. The Group operates predominantly in Malaysia.
24GF Score

Get the complete analysis for XKLS:1589

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

RM0.23
Price
RM0.18
GF Value