CI Holdings Bhd (XKLS:2828) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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
68 GF Score
Price RM2.42
GF Value RM2.48
Valuation Fairly Valued
! 5 Warning Signs
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What is CI Holdings Bhd Cyclically Adjusted PS Ratio?

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 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.19 0.15 0.11 0.09

CI Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.11 0.11 0.11 0.10 0.09

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
68GF Score
CI Holdings Bhd XKLS:2828
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CI Holdings Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.196/333.9520*333.9520
=5.196

Current CPI (Jun. 2026) = 333.9520.

CI Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.224 241.428 3.076
201612 3.573 241.432 4.942
201703 3.595 243.801 4.924
201706 4.037 244.955 5.504
201709 4.559 246.819 6.168
201712 4.008 246.524 5.429
201803 3.822 249.554 5.115
201806 3.678 251.989 4.874
201809 3.828 252.439 5.064
201812 3.830 251.233 5.091
201903 3.701 254.202 4.862
201906 2.672 256.143 3.484
201909 3.283 256.759 4.270
201912 3.540 256.974 4.600
202003 4.460 258.115 5.770
202006 4.597 257.797 5.955
202009 4.459 260.280 5.721
202012 4.199 260.474 5.384
202103 5.196 264.877 6.551
202106 5.556 271.696 6.829
202109 6.570 274.310 7.998
202112 5.918 278.802 7.089
202203 4.685 287.504 5.442
202206 7.807 296.311 8.799
202209 9.443 296.808 10.625
202212 8.263 296.797 9.297
202303 7.339 301.836 8.120
202306 7.963 305.109 8.716
202309 7.539 307.789 8.180
202312 7.076 306.746 7.704
202403 4.656 312.332 4.978
202406 4.696 314.175 4.992
202409 6.175 315.301 6.540
202412 7.500 315.605 7.936
202503 7.020 319.799 7.331
202506 8.830 322.561 9.142
202509 8.925 324.800 9.176
202512 7.294 324.054 7.517
202603 5.017 330.213 5.074
202606 5.196 333.952 5.196

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.

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 RM2.42 is trading 2.4% below its estimated GF Value™ of RM2.48. GuruFocus considers CI Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:2828:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: RM2.48 vs. price of RM2.42 (2.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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.
68GF 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.

RM2.42
Price
RM2.48
GF Value