Malaysian Resources Bhd (XKLS:1651) Cyclically Adjusted PS Ratio: 0.45 (As of Jul. 30, 2026) — 18% Below Median

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XKLS:1651 Malaysian Resources Corp Bhd XKLS:1651
36 GF Score
Price RM0.31
GF Value RM0.40
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Malaysian Resources Bhd Cyclically Adjusted PS Ratio?

Malaysian Resources Bhd XKLS:1651 +3.33% 36 Cyclically Adjusted PS Ratio is 0.45 as of Jul. 30, 2026, which is 18% below its 10-year median of 0.55. GuruFocus rates XKLS:1651 with a GF Score™ of 36/100 and a GF Value™ of RM0.40 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,359 Construction companies, Malaysian Resources Bhd ranks better than 63.8% on this metric.

As of today (2026-07-30), Malaysian Resources Bhd's current share price is RM0.31. Malaysian Resources Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.69. Malaysian Resources Bhd's Cyclically Adjusted PS Ratio for today is 0.45.

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

XKLS:1651' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.55   Max: 0.88
Current: 0.45

During the past years, Malaysian Resources Bhd's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.36. And the median was 0.55.

XKLS:1651's Cyclically Adjusted PS Ratio is ranked better than
63.8% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs XKLS:1651: 0.45

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.

Malaysian Resources Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.071. 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 RM0.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malaysian Resources Bhd  (XKLS:1651) 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.


Malaysian Resources Bhd Cyclically Adjusted PS Ratio Related Terms


Malaysian Resources Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Malaysian Resources 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.

Malaysian Resources Bhd Cyclically Adjusted PS Ratio Chart

Malaysian Resources 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 0.46 0.37 0.55 0.69 0.55

Malaysian Resources 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 0.57 0.67 0.73 0.55 0.39

XKLS:1651 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Malaysian Resources 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.


Malaysian Resources Bhd Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Malaysian Resources Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1651
36GF Score
Malaysian Resources Corp Bhd XKLS:1651
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malaysian Resources 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.31/0.69
=0.45

* 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.

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

For example, Malaysian Resources 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)
=0.071/330.2130*330.2130
=0.071

Current CPI (Mar. 2026) = 330.2130.

Malaysian Resources Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.182 241.018 0.249
201609 0.243 241.428 0.332
201612 0.795 241.432 1.087
201703 0.211 243.801 0.286
201706 0.291 244.955 0.392
201709 0.450 246.819 0.602
201712 0.061 246.524 0.082
201803 0.097 249.554 0.128
201806 0.092 251.989 0.121
201809 0.151 252.439 0.198
201812 0.085 251.233 0.112
201903 0.053 254.202 0.069
201906 0.055 256.143 0.071
201909 0.084 256.759 0.108
201912 0.106 256.974 0.136
202003 0.096 258.115 0.123
202006 0.038 257.797 0.049
202009 0.067 260.280 0.085
202012 0.070 260.474 0.089
202103 0.051 264.877 0.064
202106 0.051 271.696 0.062
202109 0.031 274.310 0.037
202112 0.192 278.802 0.227
202203 0.181 287.504 0.208
202206 0.157 296.311 0.175
202209 0.193 296.808 0.215
202212 0.187 296.797 0.208
202303 0.166 301.836 0.182
202306 0.134 305.109 0.145
202309 0.113 307.789 0.121
202312 0.155 306.746 0.167
202403 0.107 312.332 0.113
202406 0.083 314.175 0.087
202409 0.095 315.301 0.099
202412 0.083 315.605 0.087
202503 0.049 319.799 0.051
202506 0.067 322.561 0.069
202509 0.069 324.800 0.070
202512 0.083 324.054 0.085
202603 0.071 330.213 0.071

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 0.45 mean?
Malaysian Resources Bhd (XKLS:1651) has a Cyclically Adjusted PS Ratio of 0.45 as of Jul. 30, 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 Malaysian Resources Bhd and its competitors. This is 18% below median its historical median of 0.55. Over the past decade, Malaysian Resources Bhd's Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.88. According to the industry distribution chart, Malaysian Resources Bhd ranks #492 out of 1359 companies in the Construction industry, placing it in the top 36.2%.
Is Malaysian Resources Bhd's Cyclically Adjusted PS Ratio too high?
Malaysian Resources Bhd's current Cyclically Adjusted PS Ratio of 0.45 is 18% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.88. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Malaysian Resources Bhd's value of 0.45 is 35.7% below this industry median. Based on the distribution chart, Malaysian Resources Bhd ranks #492 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, Malaysian Resources Bhd has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malaysian Resources Bhd's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Malaysian Resources Bhd ranks #492 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Malaysian Resources Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Malaysian Resources Bhd's value of 0.45 is 35.7% below this benchmark. Historically, Malaysian Resources Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.88 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.70, Malaysian Resources 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, 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. Malaysian Resources Bhd's current Cyclically Adjusted PS Ratio of 0.45 is 35.7% 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 Malaysian Resources Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysian Resources Bhd's current Cyclically Adjusted PS Ratio is 0.45, which is 18% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysian Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysian Resources Bhd (XKLS:1651) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.40, compared to a current price of RM0.31 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.45, which is 18% below median its 10-year median of 0.55 and 35.7% below the Construction industry median of 0.70. Malaysian Resources Bhd's overall GF Score™ is 36/100 with 8 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 Malaysian Resources Bhd (XKLS:1651), the current Cyclically Adjusted PS Ratio is 0.45 as of Jul. 30, 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 Malaysian Resources Bhd (XKLS:1651) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysian Resources Bhd stock appears to be undervalued. The current stock price of RM0.31 is trading 22.5% below its estimated GF Value™ of RM0.40. GuruFocus considers Malaysian Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:1651:

  • Cyclically Adjusted PS Ratio: 0.45 (18% below median its 10-year median of 0.55)
  • GF Value™: RM0.40 vs. price of RM0.31 (22.5% below fair value)
  • GF Score™: 36/100 with 8 warning signs
  • Industry Position: 35.7% below the Construction median (#492 of 1359)

No single metric tells the full story. See the XKLS:1651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysian Resources Bhd Business Description

Address No. 203, Jalan Tun Sambanthan, Level 30, Menara Allianz Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Malaysian Resources Corp Bhd is an investment holding company engaged in construction and property development. The group has four reportable segments: Property development and Investment, Engineering, Construction and environment, which generates the majority of revenue, facilities management and parking, and others. Geographically, it derives the majority of its revenue from Malaysia and also has a presence in Australia and New Zealand.
36GF Score

Get the complete analysis for XKLS:1651

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

RM0.31
Price
RM0.40
GF Value