CI Holdings Bhd (XKLS:2828) Cyclically Adjusted PS Ratio: 0.09 (As of Aug. 03, 2026) — 47% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:2828 CI Holdings Bhd XKLS:2828
81 GF Score
Price RM2.34
GF Value RM2.97
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is CI Holdings Bhd Cyclically Adjusted PS Ratio?

CI Holdings Bhd XKLS:2828 -1.27% 81 Cyclically Adjusted PS Ratio is 0.09 as of Aug. 03, 2026, which is 47% below its 10-year median of 0.17. GuruFocus rates XKLS:2828 with a GF Score™ of 81/100 and a GF Value™ of RM2.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, CI Holdings Bhd ranks better than 95.24% on this metric.

As of today (2026-08-03), CI Holdings Bhd's current share price is RM2.34. CI Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM24.86. CI Holdings Bhd's Cyclically Adjusted PS Ratio for today is 0.09.

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

XKLS:2828' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.17   Max: 0.42
Current: 0.09

During the past years, CI Holdings Bhd's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.09. And the median was 0.17.

XKLS:2828's Cyclically Adjusted PS Ratio is ranked better than
95.24% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs XKLS:2828: 0.09

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.

CI Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM5.017. 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 RM24.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CI Holdings Bhd  (XKLS:2828) 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.


CI Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


CI Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CI Holdings 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.

CI Holdings Bhd Cyclically Adjusted PS Ratio Chart

CI Holdings 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 0.32 0.21 0.18 0.15 0.11

CI Holdings 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 0.12 0.11 0.11 0.11 0.10

XKLS:2828 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, CI Holdings 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.


CI Holdings Bhd Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:2828
81GF Score
CI Holdings Bhd XKLS:2828
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CI Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.34/24.86
=0.09

* 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.

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

For example, CI Holdings 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)
=5.017/330.2130*330.2130
=5.017

Current CPI (Mar. 2026) = 330.2130.

CI Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.251 241.018 3.084
201609 2.224 241.428 3.042
201612 3.573 241.432 4.887
201703 3.595 243.801 4.869
201706 4.037 244.955 5.442
201709 4.559 246.819 6.099
201712 4.008 246.524 5.369
201803 3.822 249.554 5.057
201806 3.678 251.989 4.820
201809 3.828 252.439 5.007
201812 3.830 251.233 5.034
201903 3.701 254.202 4.808
201906 2.672 256.143 3.445
201909 3.283 256.759 4.222
201912 3.540 256.974 4.549
202003 4.460 258.115 5.706
202006 4.597 257.797 5.888
202009 4.459 260.280 5.657
202012 4.199 260.474 5.323
202103 5.196 264.877 6.478
202106 5.556 271.696 6.753
202109 6.570 274.310 7.909
202112 5.918 278.802 7.009
202203 4.685 287.504 5.381
202206 7.802 296.311 8.695
202209 9.443 296.808 10.506
202212 8.263 296.797 9.193
202303 7.339 301.836 8.029
202306 7.963 305.109 8.618
202309 7.539 307.789 8.088
202312 7.076 306.746 7.617
202403 4.656 312.332 4.923
202406 4.696 314.175 4.936
202409 6.175 315.301 6.467
202412 7.500 315.605 7.847
202503 7.020 319.799 7.249
202506 8.830 322.561 9.039
202509 8.925 324.800 9.074
202512 7.294 324.054 7.433
202603 5.017 330.213 5.017

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 0.09 mean?
CI Holdings Bhd (XKLS:2828) has a Cyclically Adjusted PS Ratio of 0.09 as of Aug. 03, 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 CI Holdings Bhd and its competitors. This is 47% below median its historical median of 0.17. Over the past decade, CI Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.42. According to the industry distribution chart, CI Holdings Bhd ranks #69 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 4.8%.
Is CI Holdings Bhd's Cyclically Adjusted PS Ratio too high?
CI Holdings Bhd's current Cyclically Adjusted PS Ratio of 0.09 is 47% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.42. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. CI Holdings Bhd's value of 0.09 is 88.2% below this industry median. Based on the distribution chart, CI Holdings Bhd ranks #69 out of 1451 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, CI Holdings Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CI Holdings Bhd's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, CI Holdings Bhd ranks #69 out of 1451 companies for Cyclically Adjusted PS Ratio. This places CI Holdings Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.76. CI Holdings Bhd's value of 0.09 is 88.2% below this benchmark. Historically, CI Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.42 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.76, CI Holdings 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 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. CI Holdings Bhd's current Cyclically Adjusted PS Ratio of 0.09 is 88.2% 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 CI Holdings 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. CI Holdings Bhd's current Cyclically Adjusted PS Ratio is 0.09, which is 47% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CI Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CI Holdings Bhd (XKLS:2828) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.97, compared to a current price of RM2.34 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 47% below median its 10-year median of 0.17 and 88.2% below the Consumer Packaged Goods industry median of 0.76. CI Holdings Bhd's overall GF Score™ is 81/100 with 2 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 CI Holdings Bhd (XKLS:2828), the current Cyclically Adjusted PS Ratio is 0.09 as of Aug. 03, 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 CI Holdings Bhd (XKLS:2828) Overvalued in 2026?

Based on GuruFocus' analysis, CI Holdings Bhd stock appears to be undervalued. The current stock price of RM2.34 is trading 21.2% below its estimated GF Value™ of RM2.97. GuruFocus considers CI Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2828:

  • Cyclically Adjusted PS Ratio: 0.09 (47% below median its 10-year median of 0.17)
  • GF Value™: RM2.97 vs. price of RM2.34 (21.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 88.2% below the Consumer Packaged Goods median (#69 of 1451)

No single metric tells the full story. See the XKLS:2828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CI Holdings Bhd Business Description

Address No. 1, Jalan Mayang Sari, Suite A-11-1, Level 11, Hampshire Place Office, 157 Hampshire, Kuala Lumpur, MYS, 50450
CI Holdings Bhd is engaged in investment holding and the provision of management services. The company's operating segment includes Edible oil; Tap-ware and sanitary ware; and Investment holdings. It generates maximum revenue from the Edible oil segment. The edible oil segment is engaged in the selling, packing, and marketing of all types of edible oil. Its Tap-ware and sanitary ware segment is engaged in the manufacture and trading of household fittings and appliances such as water taps, plumbing accessories, and sanitary wares, and the Investment holding segment is engaged in Investment activities. Geographically, it derives a majority of revenue from Africa and also has a presence in Malaysia, Asia, and Other regions.
81GF Score

Get the complete analysis for XKLS:2828

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

RM2.34
Price
RM2.97
GF Value