Mulpha International Bhd (XKLS:3905) Cyclically Adjusted PS Ratio: 0.74 (As of Jul. 25, 2026) — 21% Above Median

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XKLS:3905 Mulpha International Bhd XKLS:3905
76 GF Score
Price RM2.94
GF Value RM4.48
Valuation Possible Value Trap
! 3 Warning Signs
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What is Mulpha International Bhd Cyclically Adjusted PS Ratio?

Mulpha International Bhd XKLS:3905 76 Cyclically Adjusted PS Ratio is 0.74 as of Jul. 25, 2026, which is 21% above its 10-year median of 0.61. GuruFocus rates XKLS:3905 with a GF Score™ of 76/100 and a GF Value™ of RM4.48 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 471 Conglomerates companies, Mulpha International Bhd ranks better than 50.11% on this metric.

As of today (2026-07-25), Mulpha International Bhd's current share price is RM2.94. Mulpha International Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM3.97. Mulpha International Bhd's Cyclically Adjusted PS Ratio for today is 0.74.

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

XKLS:3905' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.61   Max: 0.87
Current: 0.74

During the past years, Mulpha International Bhd's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.33. And the median was 0.61.

XKLS:3905's Cyclically Adjusted PS Ratio is ranked better than
50.11% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs XKLS:3905: 0.74

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.

Mulpha International Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.946. 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 RM3.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mulpha International Bhd  (XKLS:3905) 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.


Mulpha International Bhd Cyclically Adjusted PS Ratio Related Terms


Mulpha International Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mulpha International 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.

Mulpha International Bhd Cyclically Adjusted PS Ratio Chart

Mulpha International 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 0.65 0.54 0.58 0.63 0.75

Mulpha International 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 0.78 0.89 0.78 0.75 0.75

XKLS:3905 vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Mulpha International 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.


Mulpha International Bhd Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


XKLS:3905
76GF Score
Mulpha International Bhd XKLS:3905
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulpha International 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.94/3.97
=0.74

* 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.

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

For example, Mulpha International 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)
=0.946/330.2130*330.2130
=0.946

Current CPI (Mar. 2026) = 330.2130.

Mulpha International Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.915 241.018 1.254
201609 1.232 241.428 1.685
201612 1.669 241.432 2.283
201703 0.968 243.801 1.311
201706 0.634 244.955 0.855
201709 0.848 246.819 1.135
201712 1.212 246.524 1.623
201803 0.569 249.554 0.753
201806 0.501 251.989 0.657
201809 0.527 252.439 0.689
201812 0.859 251.233 1.129
201903 0.459 254.202 0.596
201906 0.544 256.143 0.701
201909 0.659 256.759 0.848
201912 0.999 256.974 1.284
202003 0.505 258.115 0.646
202006 0.285 257.797 0.365
202009 0.437 260.280 0.554
202012 0.705 260.474 0.894
202103 0.700 264.877 0.873
202106 0.823 271.696 1.000
202109 0.445 274.310 0.536
202112 0.517 278.802 0.612
202203 0.625 287.504 0.718
202206 0.808 296.311 0.900
202209 0.684 296.808 0.761
202212 1.003 296.797 1.116
202303 0.622 301.836 0.680
202306 0.667 305.109 0.722
202309 1.341 307.789 1.439
202312 1.229 306.746 1.323
202403 0.790 312.332 0.835
202406 0.829 314.175 0.871
202409 0.788 315.301 0.825
202412 0.916 315.605 0.958
202503 0.690 319.799 0.712
202506 0.659 322.561 0.675
202509 0.770 324.800 0.783
202512 3.077 324.054 3.135
202603 0.946 330.213 0.946

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 0.74 mean?
Mulpha International Bhd (XKLS:3905) has a Cyclically Adjusted PS Ratio of 0.74 as of Jul. 25, 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 Mulpha International Bhd and its competitors. This is 21% above median its historical median of 0.61. Over the past decade, Mulpha International Bhd's Cyclically Adjusted PS Ratio has ranged from 0.33 to 0.87. According to the industry distribution chart, Mulpha International Bhd ranks #235 out of 471 companies in the Conglomerates industry, placing it in the top 49.9%.
Is Mulpha International Bhd's Cyclically Adjusted PS Ratio too high?
Mulpha International Bhd's current Cyclically Adjusted PS Ratio of 0.74 is 21% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.87. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Mulpha International Bhd's value of 0.74 is 1.3% below this industry median. Based on the distribution chart, Mulpha International Bhd ranks #235 out of 471 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mulpha International Bhd has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulpha International Bhd's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mulpha International Bhd ranks #235 out of 471 companies for Cyclically Adjusted PS Ratio. This puts Mulpha International Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Mulpha International Bhd's value of 0.74 is 1.3% below this benchmark. Historically, Mulpha International Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.33 to 0.87 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.75, Mulpha International 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 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. Mulpha International Bhd's current Cyclically Adjusted PS Ratio of 0.74 is 1.3% 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 Mulpha International 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. Mulpha International Bhd's current Cyclically Adjusted PS Ratio is 0.74, which is 21% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulpha International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mulpha International Bhd (XKLS:3905) is currently considered Possible Value Trap. The stock's GF Value™ is RM4.48, compared to a current price of RM2.94 — trading 34.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 21% above median its 10-year median of 0.61 and 1.3% below the Conglomerates industry median of 0.75. Mulpha International Bhd's overall GF Score™ is 76/100 with 3 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 Mulpha International Bhd (XKLS:3905), the current Cyclically Adjusted PS Ratio is 0.74 as of Jul. 25, 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 Mulpha International Bhd (XKLS:3905) Overvalued in 2026?

Based on GuruFocus' analysis, Mulpha International Bhd stock appears to be undervalued. The current stock price of RM2.94 is trading 34.4% below its estimated GF Value™ of RM4.48. GuruFocus considers Mulpha International Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3905:

  • Cyclically Adjusted PS Ratio: 0.74 (21% above median its 10-year median of 0.61)
  • GF Value™: RM4.48 vs. price of RM2.94 (34.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 1.3% below the Conglomerates median (#235 of 471)

No single metric tells the full story. See the XKLS:3905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulpha International Bhd Business Description

Address No. 12A, Jalan PJU 7/3, Suite 11-1, The Office Club, Level 11, Menara Mudajaya, Mutiara Damansara, Petaling Jay, SGR, MYS, 47810
Mulpha International Bhd is an investment holding company. The operating segments of the company are Hospitality and Leisure, which derive key revenue, including hotel and service apartment ownership and/or operation, food and beverage operation, entertainment and events; Property Development; Property Investment and Finance that consists of real estate investment, licensed money lending, and financial service provider; and Investment and Others includes investment holding, investment in securities, education and others. Its geographical segments include Australia, Malaysia, and New Zealand, of which Australia derives the maximum revenue.
76GF Score

Get the complete analysis for XKLS:3905

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

RM2.94
Price
RM4.48
GF Value