IJM Bhd (XKLS:3336) Cyclically Adjusted PS Ratio: 1.26 (As of Jul. 21, 2026) — 25% Above Median

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XKLS:3336 IJM Corp Bhd XKLS:3336
80 GF Score
Price RM2.40
GF Value RM2.84
Valuation Modestly Undervalued
! 7 Warning Signs
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What is IJM Bhd Cyclically Adjusted PS Ratio?

IJM Bhd XKLS:3336 +4.80% 80 Cyclically Adjusted PS Ratio is 1.26 as of Jul. 21, 2026, which is 25% above its 10-year median of 1.01. GuruFocus rates XKLS:3336 with a GF Score™ of 80/100 and a GF Value™ of RM2.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 471 Conglomerates companies, IJM Bhd ranks worse than 62.85% on this metric.

As of today (2026-07-21), IJM Bhd's current share price is RM2.40. IJM Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.91. IJM Bhd's Cyclically Adjusted PS Ratio for today is 1.26.

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

XKLS:3336' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.01   Max: 1.97
Current: 1.2

During the past years, IJM Bhd's highest Cyclically Adjusted PS Ratio was 1.97. The lowest was 0.67. And the median was 1.01.

XKLS:3336's Cyclically Adjusted PS Ratio is ranked worse than
62.85% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs XKLS:3336: 1.20

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.

IJM Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.532. 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


IJM Bhd  (XKLS:3336) 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.


IJM Bhd Cyclically Adjusted PS Ratio Related Terms


IJM Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IJM 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.

IJM Bhd Cyclically Adjusted PS Ratio Chart

IJM Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.84 1.31 1.13 1.14

IJM 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 1.13 1.40 1.50 1.21 1.14

XKLS:3336 vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, IJM 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.


IJM Bhd Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


XKLS:3336
80GF Score
IJM Corp Bhd XKLS:3336
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IJM 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.40/1.91
=1.26

* 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.

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

For example, IJM 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)
=0.532/330.2130*330.2130
=0.532

Current CPI (Mar. 2026) = 330.2130.

IJM Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.361 241.018 0.495
201609 0.407 241.428 0.557
201612 0.438 241.432 0.599
201703 0.457 243.801 0.619
201706 0.399 244.955 0.538
201709 0.435 246.819 0.582
201712 0.423 246.524 0.567
201803 0.373 249.554 0.494
201806 0.398 251.989 0.522
201809 0.360 252.439 0.471
201812 0.414 251.233 0.544
201903 0.355 254.202 0.461
201906 0.426 256.143 0.549
201909 0.434 256.759 0.558
201912 0.397 256.974 0.510
202003 0.564 258.115 0.722
202006 0.242 257.797 0.310
202009 0.335 260.280 0.425
202012 0.397 260.474 0.503
202103 0.441 264.877 0.550
202106 0.286 271.696 0.348
202109 0.242 274.310 0.291
202112 0.352 278.802 0.417
202203 0.349 287.504 0.401
202206 0.304 296.311 0.339
202209 0.304 296.808 0.338
202212 0.313 296.797 0.348
202303 0.378 301.836 0.414
202306 0.349 305.109 0.378
202309 0.416 307.789 0.446
202312 0.421 306.746 0.453
202403 0.502 312.332 0.531
202406 0.401 314.175 0.421
202409 0.432 315.301 0.452
202412 0.439 315.605 0.459
202503 0.511 319.799 0.528
202506 0.495 322.561 0.507
202509 0.478 324.800 0.486
202512 0.458 324.054 0.467
202603 0.532 330.213 0.532

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 1.26 mean?
IJM Bhd (XKLS:3336) has a Cyclically Adjusted PS Ratio of 1.26 as of Jul. 21, 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 IJM Bhd and its competitors. This is 25% above median its historical median of 1.01. Over the past decade, IJM Bhd's Cyclically Adjusted PS Ratio has ranged from 0.67 to 1.97. According to the industry distribution chart, IJM Bhd ranks #296 out of 471 companies in the Conglomerates industry, placing it in the top 62.8%.
Is IJM Bhd's Cyclically Adjusted PS Ratio too high?
IJM Bhd's current Cyclically Adjusted PS Ratio of 1.26 is 25% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.97. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. IJM Bhd's value of 1.26 is 68% above this industry median. Based on the distribution chart, IJM Bhd ranks #296 out of 471 companies in the Conglomerates industry, which is below the industry midpoint. Overall, IJM Bhd has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, IJM Bhd ranks #296 out of 471 companies for Cyclically Adjusted PS Ratio. This places IJM Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. IJM Bhd's value of 1.26 is 68% above this benchmark. Historically, IJM Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.67 to 1.97 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.75, IJM 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 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. IJM Bhd's current Cyclically Adjusted PS Ratio of 1.26 is 68% 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 IJM 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. IJM Bhd's current Cyclically Adjusted PS Ratio is 1.26, which is 25% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.84, compared to a current price of RM2.40 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.26, which is 25% above median its 10-year median of 1.01 and 68% above the Conglomerates industry median of 0.75. IJM Bhd's overall GF Score™ is 80/100 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 IJM Bhd (XKLS:3336), the current Cyclically Adjusted PS Ratio is 1.26 as of Jul. 21, 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 IJM Bhd (XKLS:3336) Overvalued in 2026?

Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued. The current stock price of RM2.40 is trading 15.5% below its estimated GF Value™ of RM2.84. GuruFocus considers IJM Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3336:

  • Cyclically Adjusted PS Ratio: 1.26 (25% above median its 10-year median of 1.01)
  • GF Value™: RM2.84 vs. price of RM2.40 (15.5% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 68% above the Conglomerates median (#296 of 471)

No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IJM Bhd Business Description

Address Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
80GF Score

Get the complete analysis for XKLS:3336

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

RM2.40
Price
RM2.84
GF Value