IOI Bhd (XKLS:1961) Cyclically Adjusted PS Ratio: 2.34 (As of Jul. 30, 2026) — 13% Above Median

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XKLS:1961 IOI Corp Bhd XKLS:1961
81 GF Score
Price RM4.47
GF Value RM4.13
Valuation Fairly Valued
! 5 Warning Signs
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What is IOI Bhd Cyclically Adjusted PS Ratio?

IOI Bhd XKLS:1961 +0.45% 81 Cyclically Adjusted PS Ratio is 2.34 as of Jul. 30, 2026, which is 13% above its 10-year median of 2.08. GuruFocus rates XKLS:1961 with a GF Score™ of 81/100 and a GF Value™ of RM4.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, IOI Bhd ranks worse than 82.22% on this metric.

As of today (2026-07-30), IOI Bhd's current share price is RM4.47. IOI Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.91. IOI Bhd's Cyclically Adjusted PS Ratio for today is 2.34.

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

XKLS:1961' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.08   Max: 2.68
Current: 2.32

During the past years, IOI Bhd's highest Cyclically Adjusted PS Ratio was 2.68. The lowest was 1.86. And the median was 2.08.

XKLS:1961's Cyclically Adjusted PS Ratio is ranked worse than
82.22% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs XKLS:1961: 2.32

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.

IOI Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.426. 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 RM1.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IOI Bhd  (XKLS:1961) 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.


IOI Bhd Cyclically Adjusted PS Ratio Related Terms


IOI Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IOI 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.

IOI Bhd Cyclically Adjusted PS Ratio Chart

IOI Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.96 1.90 1.92 1.95

IOI 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 1.91 1.95 2.07 2.12 2.21

XKLS:1961 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, IOI 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.


IOI Bhd Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IOI Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1961
81GF Score
IOI Corp Bhd XKLS:1961
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IOI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.47/1.91
=2.34

* 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.

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

For example, IOI 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)
=0.426/330.2130*330.2130
=0.426

Current CPI (Mar. 2026) = 330.2130.

IOI Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.447 241.018 0.612
201609 0.371 241.428 0.507
201612 0.399 241.432 0.546
201703 0.372 243.801 0.504
201706 0.012 244.955 0.016
201709 0.297 246.819 0.397
201712 0.320 246.524 0.429
201803 0.277 249.554 0.367
201806 0.287 251.989 0.376
201809 0.298 252.439 0.390
201812 0.299 251.233 0.393
201903 0.301 254.202 0.391
201906 0.277 256.143 0.357
201909 0.283 256.759 0.364
201912 0.311 256.974 0.400
202003 0.324 258.115 0.415
202006 0.325 257.797 0.416
202009 0.395 260.280 0.501
202012 0.394 260.474 0.499
202103 0.455 264.877 0.567
202106 0.558 271.696 0.678
202109 0.583 274.310 0.702
202112 0.661 278.802 0.783
202203 0.660 287.504 0.758
202206 0.601 296.311 0.670
202209 0.591 296.808 0.658
202212 0.532 296.797 0.592
202303 0.429 301.836 0.469
202306 0.314 305.109 0.340
202309 0.355 307.789 0.381
202312 0.386 306.746 0.416
202403 0.397 312.332 0.420
202406 0.409 314.175 0.430
202409 0.431 315.301 0.451
202412 0.478 315.605 0.500
202503 0.441 319.799 0.455
202506 0.477 322.561 0.488
202509 0.492 324.800 0.500
202512 0.482 324.054 0.491
202603 0.426 330.213 0.426

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 2.34 mean?
IOI Bhd (XKLS:1961) has a Cyclically Adjusted PS Ratio of 2.34 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 IOI Bhd and its competitors. This is 13% above median its historical median of 2.08. Over the past decade, IOI Bhd's Cyclically Adjusted PS Ratio has ranged from 1.86 to 2.68. According to the industry distribution chart, IOI Bhd ranks #1193 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 82.2%.
Is IOI Bhd's Cyclically Adjusted PS Ratio too high?
IOI Bhd's current Cyclically Adjusted PS Ratio of 2.34 is 13% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 2.68. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. IOI Bhd's value of 2.34 is 207.9% above this industry median. Based on the distribution chart, IOI Bhd ranks #1193 out of 1451 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, IOI Bhd has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IOI Bhd's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, IOI Bhd ranks #1193 out of 1451 companies for Cyclically Adjusted PS Ratio. This places IOI Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. IOI Bhd's value of 2.34 is 207.9% above this benchmark. Historically, IOI Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.86 to 2.68 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 0.76, IOI 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,451 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. IOI Bhd's current Cyclically Adjusted PS Ratio of 2.34 is 207.9% 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 IOI Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOI Bhd's current Cyclically Adjusted PS Ratio is 2.34, which is 13% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOI Bhd stock overvalued right now?
Based on GuruFocus' analysis, IOI Bhd (XKLS:1961) is currently considered Fairly Valued. The stock's GF Value™ is RM4.13, compared to a current price of RM4.47 — trading 8.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.34, which is 13% above median its 10-year median of 2.08 and 207.9% above the Consumer Packaged Goods industry median of 0.76. IOI Bhd's overall GF Score™ is 81/100 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 IOI Bhd (XKLS:1961), the current Cyclically Adjusted PS Ratio is 2.34 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 IOI Bhd (XKLS:1961) Overvalued in 2026?

Based on GuruFocus' analysis, IOI Bhd stock appears to be overvalued. The current stock price of RM4.47 is trading 8.2% above its estimated GF Value™ of RM4.13. GuruFocus considers IOI Bhd to be Fairly Valued.

Key valuation signals for XKLS:1961:

  • Cyclically Adjusted PS Ratio: 2.34 (13% above median its 10-year median of 2.08)
  • GF Value™: RM4.13 vs. price of RM4.47 (8.2% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 207.9% above the Consumer Packaged Goods median (#1193 of 1451)

No single metric tells the full story. See the XKLS:1961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IOI Bhd Business Description

Address Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, MYS, 62502
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported to many different customers, including some multinational corporations. The Group has two (2) reportable operating segments: Plantation, Resource-based manufacturing.
81GF Score

Get the complete analysis for XKLS:1961

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

RM4.47
Price
RM4.13
GF Value