Batu Kawan Bhd (XKLS:1899) Cyclically Adjusted PS Ratio: 0.32 (As of Jul. 22, 2026) — 24% Below Median

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XKLS:1899 Batu Kawan Bhd XKLS:1899
51 GF Score
Price RM20.90
GF Value RM21.41
Valuation Fairly Valued
! 7 Warning Signs
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What is Batu Kawan Bhd Cyclically Adjusted PS Ratio?

Batu Kawan Bhd XKLS:1899 -1.88% 51 Cyclically Adjusted PS Ratio is 0.32 as of Jul. 22, 2026, which is 24% below its 10-year median of 0.42. GuruFocus rates XKLS:1899 with a GF Score™ of 51/100 and a GF Value™ of RM21.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 471 Conglomerates companies, Batu Kawan Bhd ranks better than 71.55% on this metric.

As of today (2026-07-22), Batu Kawan Bhd's current share price is RM20.90. Batu Kawan Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM64.69. Batu Kawan Bhd's Cyclically Adjusted PS Ratio for today is 0.32.

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

XKLS:1899' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.42   Max: 0.64
Current: 0.33

During the past years, Batu Kawan Bhd's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.30. And the median was 0.42.

XKLS:1899's Cyclically Adjusted PS Ratio is ranked better than
71.55% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs XKLS:1899: 0.33

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.

Batu Kawan Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM17.304. 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 RM64.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Batu Kawan Bhd  (XKLS:1899) 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.


Batu Kawan Bhd Cyclically Adjusted PS Ratio Related Terms


Batu Kawan Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Batu Kawan 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.

Batu Kawan Bhd Cyclically Adjusted PS Ratio Chart

Batu Kawan Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.40 0.36 0.33 0.30

Batu Kawan 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 0.32 0.31 0.30 0.31 0.33

XKLS:1899 vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Batu Kawan 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.


Batu Kawan Bhd Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Batu Kawan Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1899
51GF Score
Batu Kawan Bhd XKLS:1899
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Batu Kawan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.90/64.69
=0.32

* 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.

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

For example, Batu Kawan 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)
=17.304/330.2130*330.2130
=17.304

Current CPI (Mar. 2026) = 330.2130.

Batu Kawan Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.962 241.018 13.649
201609 11.501 241.428 15.730
201612 13.898 241.432 19.009
201703 13.843 243.801 18.749
201706 12.394 244.955 16.708
201709 13.153 246.819 17.597
201712 13.232 246.524 17.724
201803 12.024 249.554 15.910
201806 11.143 251.989 14.602
201809 10.793 252.439 14.118
201812 10.556 251.233 13.874
201903 10.249 254.202 13.314
201906 9.625 256.143 12.408
201909 9.951 256.759 12.798
201912 10.719 256.974 13.774
202003 9.985 258.115 12.774
202006 9.660 257.797 12.374
202009 10.330 260.280 13.106
202012 11.167 260.474 14.157
202103 11.914 264.877 14.853
202106 13.623 271.696 16.557
202109 15.584 274.310 18.760
202112 18.002 278.802 21.322
202203 16.879 287.504 19.386
202206 18.398 296.311 20.503
202209 18.342 296.808 20.406
202212 17.759 296.797 19.758
202303 16.040 301.836 17.548
202306 13.601 305.109 14.720
202309 15.260 307.789 16.372
202312 14.827 306.746 15.961
202403 14.390 312.332 15.214
202406 14.449 314.175 15.187
202409 14.957 315.301 15.664
202412 15.680 315.605 16.406
202503 16.684 319.799 17.227
202506 16.951 322.561 17.353
202509 16.637 324.800 16.914
202512 16.760 324.054 17.079
202603 17.304 330.213 17.304

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 0.32 mean?
Batu Kawan Bhd (XKLS:1899) has a Cyclically Adjusted PS Ratio of 0.32 as of Jul. 22, 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 Batu Kawan Bhd and its competitors. This is 24% below median its historical median of 0.42. Over the past decade, Batu Kawan Bhd's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.64. According to the industry distribution chart, Batu Kawan Bhd ranks #134 out of 471 companies in the Conglomerates industry, placing it in the top 28.5%.
Is Batu Kawan Bhd's Cyclically Adjusted PS Ratio too high?
Batu Kawan Bhd's current Cyclically Adjusted PS Ratio of 0.32 is 24% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.64. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Batu Kawan Bhd's value of 0.32 is 57.3% below this industry median. Based on the distribution chart, Batu Kawan Bhd ranks #134 out of 471 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Batu Kawan Bhd has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Batu Kawan Bhd's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Batu Kawan Bhd ranks #134 out of 471 companies for Cyclically Adjusted PS Ratio. This puts Batu Kawan Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Batu Kawan Bhd's value of 0.32 is 57.3% below this benchmark. Historically, Batu Kawan Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.64 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.75, Batu Kawan 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 471 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. Batu Kawan Bhd's current Cyclically Adjusted PS Ratio of 0.32 is 57.3% 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 Batu Kawan Bhd and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Batu Kawan Bhd's current Cyclically Adjusted PS Ratio is 0.32, which is 24% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Batu Kawan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Batu Kawan Bhd (XKLS:1899) is currently considered Fairly Valued. The stock's GF Value™ is RM21.41, compared to a current price of RM20.90 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is 24% below median its 10-year median of 0.42 and 57.3% below the Conglomerates industry median of 0.75. Batu Kawan Bhd's overall GF Score™ is 51/100 with 7 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 Batu Kawan Bhd (XKLS:1899), the current Cyclically Adjusted PS Ratio is 0.32 as of Jul. 22, 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 Batu Kawan Bhd (XKLS:1899) Overvalued in 2026?

Based on GuruFocus' analysis, Batu Kawan Bhd stock appears to be undervalued. The current stock price of RM20.90 is trading 2.4% below its estimated GF Value™ of RM21.41. GuruFocus considers Batu Kawan Bhd to be Fairly Valued.

Key valuation signals for XKLS:1899:

  • Cyclically Adjusted PS Ratio: 0.32 (24% below median its 10-year median of 0.42)
  • GF Value™: RM21.41 vs. price of RM20.90 (2.4% below fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 57.3% below the Conglomerates median (#134 of 471)

No single metric tells the full story. See the XKLS:1899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Batu Kawan Bhd Business Description

Address No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, MYS, 30000
Batu Kawan Bhd is a holding company that focuses on harvesting palm trees and manufacturing and selling rubber and chemical products through its subsidiaries. The firm operates through four segments: plantation, manufacturing, property development, and investment holdings/others. The manufacturing segment generates majority revenue through selling a variety of chemical-based products, including oleochemicals, industrial amides, rubber gloves, and esters. The plantation segment generates the second portion of total revenue by cultivating and processing palm trees into both fresh fruit bunches and rubber products. Geographically, the firm operates in Asia, Europe, Americas, and Africa, with the majority of its revenue generated from Asian and European countries.
51GF Score

Get the complete analysis for XKLS:1899

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

RM20.90
Price
RM21.41
GF Value