Mega First Bhd (XKLS:3069) Cyclically Adjusted PS Ratio: 2.10 (As of Jul. 22, 2026) — 24% Below Median

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XKLS:3069 Mega First Corp Bhd XKLS:3069
74 GF Score
Price RM2.90
GF Value RM3.18
Valuation Fairly Valued
! 6 Warning Signs
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What is Mega First Bhd Cyclically Adjusted PS Ratio?

Mega First Bhd XKLS:3069 +0.69% 74 Cyclically Adjusted PS Ratio is 2.10 as of Jul. 22, 2026, which is 24% below its 10-year median of 2.75. GuruFocus rates XKLS:3069 with a GF Score™ of 74/100 and a GF Value™ of RM3.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 442 Utilities - Regulated companies, Mega First Bhd ranks worse than 64.03% on this metric.

As of today (2026-07-22), Mega First Bhd's current share price is RM2.90. Mega First Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.38. Mega First Bhd's Cyclically Adjusted PS Ratio for today is 2.10.

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

XKLS:3069' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.75   Max: 3.82
Current: 2.09

During the past years, Mega First Bhd's highest Cyclically Adjusted PS Ratio was 3.82. The lowest was 1.29. And the median was 2.75.

XKLS:3069's Cyclically Adjusted PS Ratio is ranked worse than
64.03% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs XKLS:3069: 2.09

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.

Mega First Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.324. 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 RM1.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mega First Bhd  (XKLS:3069) 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.


Mega First Bhd Cyclically Adjusted PS Ratio Related Terms


Mega First Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mega First 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.

Mega First Bhd Cyclically Adjusted PS Ratio Chart

Mega First 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 2.89 2.60 2.85 3.41 2.43

Mega First 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 2.96 2.71 2.76 2.43 2.07

XKLS:3069 vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Mega First 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.


Mega First Bhd Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:3069
74GF Score
Mega First Corp Bhd XKLS:3069
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega First 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.90/1.38
=2.10

* 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.

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

For example, Mega First 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)
=0.324/330.2130*330.2130
=0.324

Current CPI (Mar. 2026) = 330.2130.

Mega First Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.316 241.018 0.433
201609 0.282 241.428 0.386
201612 -0.036 241.432 -0.049
201703 0.260 243.801 0.352
201706 0.272 244.955 0.367
201709 0.262 246.819 0.351
201712 0.242 246.524 0.324
201803 0.255 249.554 0.337
201806 0.259 251.989 0.339
201809 0.259 252.439 0.339
201812 0.268 251.233 0.352
201903 0.259 254.202 0.336
201906 0.187 256.143 0.241
201909 0.157 256.759 0.202
201912 0.244 256.974 0.314
202003 0.189 258.115 0.242
202006 0.211 257.797 0.270
202009 0.235 260.280 0.298
202012 0.226 260.474 0.287
202103 0.204 264.877 0.254
202106 0.219 271.696 0.266
202109 0.245 274.310 0.295
202112 0.296 278.802 0.351
202203 0.288 287.504 0.331
202206 0.351 296.311 0.391
202209 0.376 296.808 0.418
202212 0.446 296.797 0.496
202303 0.367 301.836 0.402
202306 0.345 305.109 0.373
202309 0.340 307.789 0.365
202312 0.344 306.746 0.370
202403 0.333 312.332 0.352
202406 0.352 314.175 0.370
202409 0.395 315.301 0.414
202412 0.769 315.605 0.805
202503 0.360 319.799 0.372
202506 0.361 322.561 0.370
202509 0.408 324.800 0.415
202512 0.378 324.054 0.385
202603 0.324 330.213 0.324

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 2.10 mean?
Mega First Bhd (XKLS:3069) has a Cyclically Adjusted PS Ratio of 2.10 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 Mega First Bhd and its competitors. This is 24% below median its historical median of 2.75. Over the past decade, Mega First Bhd's Cyclically Adjusted PS Ratio has ranged from 1.29 to 3.82. According to the industry distribution chart, Mega First Bhd ranks #283 out of 442 companies in the Utilities - Regulated industry, placing it in the top 64%.
Is Mega First Bhd's Cyclically Adjusted PS Ratio too high?
Mega First Bhd's current Cyclically Adjusted PS Ratio of 2.10 is 24% below median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.82. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. Mega First Bhd's value of 2.10 is 45.8% above this industry median. Based on the distribution chart, Mega First Bhd ranks #283 out of 442 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Mega First Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #283 out of 442 companies for Cyclically Adjusted PS Ratio. This places Mega First Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. Mega First Bhd's value of 2.10 is 45.8% above this benchmark. Historically, Mega First Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.29 to 3.82 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 1.44, Mega First 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 442 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. Mega First Bhd's current Cyclically Adjusted PS Ratio of 2.10 is 45.8% 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current Cyclically Adjusted PS Ratio is 2.10, which is 24% below median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.18, compared to a current price of RM2.90 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.10, which is 24% below median its 10-year median of 2.75 and 45.8% above the Utilities - Regulated industry median of 1.44. Mega First Bhd's overall GF Score™ is 74/100 with 6 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 Mega First Bhd (XKLS:3069), the current Cyclically Adjusted PS Ratio is 2.10 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?

Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued. The current stock price of RM2.90 is trading 8.8% below its estimated GF Value™ of RM3.18. GuruFocus considers Mega First Bhd to be Fairly Valued.

Key valuation signals for XKLS:3069:

  • Cyclically Adjusted PS Ratio: 2.10 (24% below median its 10-year median of 2.75)
  • GF Value™: RM3.18 vs. price of RM2.90 (8.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 45.8% above the Utilities - Regulated median (#283 of 442)

No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega First Bhd Business Description

Address No. 23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
74GF Score

Get the complete analysis for XKLS:3069

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

RM2.90
Price
RM3.18
GF Value