Muda Holdings Bhd (XKLS:3883) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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:3883 Muda Holdings Bhd XKLS:3883
57 GF Score
Price RM0.80
GF Value RM1.01
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Muda Holdings Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Muda Holdings Bhd  (XKLS:3883) 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.


Muda Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Muda Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Muda 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.

Muda Holdings Bhd Cyclically Adjusted PS Ratio Chart

Muda Holdings 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 0.57 0.36 0.26 0.20 0.12

Muda 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 0.16 0.15 0.12 0.12 0.14

Muda Holdings Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Muda 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.


Muda Holdings Bhd Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Muda Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:3883
57GF Score
Muda Holdings Bhd XKLS:3883
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muda 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.

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

For example, Muda 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)
=1.089/333.9520*333.9520
=1.089

Current CPI (Jun. 2026) = 333.9520.

Muda Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.923 241.428 1.277
201612 1.183 241.432 1.636
201703 1.038 243.801 1.422
201706 1.068 244.955 1.456
201709 1.160 246.819 1.570
201712 1.482 246.524 2.008
201803 1.218 249.554 1.630
201806 1.160 251.989 1.537
201809 1.250 252.439 1.654
201812 1.435 251.233 1.907
201903 1.240 254.202 1.629
201906 1.176 256.143 1.533
201909 1.156 256.759 1.504
201912 1.407 256.974 1.828
202003 1.113 258.115 1.440
202006 0.894 257.797 1.158
202009 1.160 260.280 1.488
202012 1.508 260.474 1.933
202103 1.360 264.877 1.715
202106 1.310 271.696 1.610
202109 1.200 274.310 1.461
202112 1.835 278.802 2.198
202203 1.526 287.504 1.773
202206 1.431 296.311 1.613
202209 1.375 296.808 1.547
202212 1.467 296.797 1.651
202303 1.244 301.836 1.376
202306 1.136 305.109 1.243
202309 1.119 307.789 1.214
202312 1.436 306.746 1.563
202403 1.181 312.332 1.263
202406 1.087 314.175 1.155
202409 1.093 315.301 1.158
202412 1.404 315.605 1.486
202503 1.154 319.799 1.205
202506 1.063 322.561 1.101
202509 1.059 324.800 1.089
202512 1.423 324.054 1.466
202603 1.068 330.213 1.080
202606 1.089 333.952 1.089

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 Muda Holdings Bhd (XKLS:3883) Overvalued in 2026?

Based on GuruFocus' analysis, Muda Holdings Bhd stock appears to be undervalued. The current stock price of RM0.80 is trading 20.8% below its estimated GF Value™ of RM1.01. GuruFocus considers Muda Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3883:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: RM1.01 vs. price of RM0.80 (20.8% below fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the XKLS:3883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Muda Holdings Bhd Business Description

Address Lot 7, Jalan 51A/241, Petaling Jaya, SGR, MYS, 46100
Muda Holdings Bhd is a Malaysia-based company, that operates in the paper and paper packaging industry. The company is engaged in producing industrial grade paper, machine glazed paper, paper boards and paper packaging products. The business activity of the firm functions through the Manufacturing and Trading segments. The Manufacturing segment is engaged in manufacturing various types of industrial paper, corrugated cartons, paper bags, paper stationery, and paper-based food packaging products. The Trading segment is engaged in the trading of paper, recovered paper, and stationery products. Geographically the firm has its business presence across the region of Malaysia, Singapore, the People's Republic of China, and Australia. It derives maximum revenue from Manufacturing segment.
57GF Score

Get the complete analysis for XKLS:3883

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

RM0.80
Price
RM1.01
GF Value