South Malaysia Industries Bhd (XKLS:4375) Cyclically Adjusted PS Ratio: 0.65 (As of Jul. 18, 2026) — 31% Below Median

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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.
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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:4375 South Malaysia Industries Bhd XKLS:4375
36 GF Score
Price RM0.20
GF Value RM0.36
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is South Malaysia Industries Bhd Cyclically Adjusted PS Ratio?

South Malaysia Industries Bhd XKLS:4375 36 Cyclically Adjusted PS Ratio is 0.65 as of Jul. 18, 2026, which is 31% below its 10-year median of 0.94. GuruFocus rates XKLS:4375 with a GF Score™ of 36/100 and a GF Value™ of RM0.36 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,295 Industrial Products companies, South Malaysia Industries Bhd ranks better than 77.04% on this metric.

As of today (2026-07-18), South Malaysia Industries Bhd's current share price is RM0.20. South Malaysia Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.31. South Malaysia Industries Bhd's Cyclically Adjusted PS Ratio for today is 0.65.

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

XKLS:4375' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.94   Max: 3.75
Current: 0.62

During the past years, South Malaysia Industries Bhd's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 0.35. And the median was 0.94.

XKLS:4375's Cyclically Adjusted PS Ratio is ranked better than
77.04% of 2295 companies
in the Industrial Products industry
Industry Median: 1.85 vs XKLS:4375: 0.62

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.

South Malaysia Industries Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.039. 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 RM0.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


South Malaysia Industries Bhd  (XKLS:4375) 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.


South Malaysia Industries Bhd Cyclically Adjusted PS Ratio Related Terms


South Malaysia Industries Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for South Malaysia Industries 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.

South Malaysia Industries Bhd Cyclically Adjusted PS Ratio Chart

South Malaysia Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.46 0.53 1.69 1.52

South Malaysia Industries Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.00 0.99 0.93 0.65 0.73

XKLS:4375 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, South Malaysia Industries 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.


South Malaysia Industries Bhd Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Malaysia Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:4375
36GF Score
South Malaysia Industries Bhd XKLS:4375
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

South Malaysia Industries 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.

South Malaysia Industries Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.20/0.31
=0.65

* 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.

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

For example, South Malaysia Industries 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)
=0.039/330.2130*330.2130
=0.039

Current CPI (Mar. 2026) = 330.2130.

South Malaysia Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.095 238.132 0.132
201606 0.091 241.018 0.125
201609 0.065 241.428 0.089
201612 0.088 241.432 0.120
201703 0.056 243.801 0.076
201706 0.072 244.955 0.097
201709 0.085 246.819 0.114
201712 0.092 246.524 0.123
201803 0.099 249.554 0.131
201806 0.068 251.989 0.089
201809 0.085 252.439 0.111
201812 0.083 251.233 0.109
201903 0.067 254.202 0.087
201906 0.078 256.143 0.101
201909 0.092 256.759 0.118
201912 0.086 256.974 0.111
202003 0.058 258.115 0.074
202006 0.032 257.797 0.041
202009 0.079 260.280 0.100
202012 0.074 260.474 0.094
202103 0.066 264.877 0.082
202106 0.059 271.696 0.072
202109 0.042 274.310 0.051
202112 0.071 278.802 0.084
202203 0.057 287.504 0.065
202206 0.060 296.311 0.067
202209 0.053 296.808 0.059
202212 0.062 296.797 0.069
202303 0.049 301.836 0.054
202309 0.047 307.789 0.050
202312 0.040 306.746 0.043
202403 0.035 312.332 0.037
202406 0.041 314.175 0.043
202409 0.038 315.301 0.040
202412 0.036 315.605 0.038
202503 0.030 319.799 0.031
202506 0.037 322.561 0.038
202509 0.039 324.800 0.040
202512 0.036 324.054 0.037
202603 0.039 330.213 0.039

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 0.65 mean?
South Malaysia Industries Bhd (XKLS:4375) has a Cyclically Adjusted PS Ratio of 0.65 as of Jul. 18, 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 South Malaysia Industries Bhd and its competitors. This is 31% below median its historical median of 0.94. Over the past decade, South Malaysia Industries Bhd's Cyclically Adjusted PS Ratio has ranged from 0.35 to 3.75. According to the industry distribution chart, South Malaysia Industries Bhd ranks #527 out of 2295 companies in the Industrial Products industry, placing it in the top 23%.
Is South Malaysia Industries Bhd's Cyclically Adjusted PS Ratio too high?
South Malaysia Industries Bhd's current Cyclically Adjusted PS Ratio of 0.65 is 31% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 3.75. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. South Malaysia Industries Bhd's value of 0.65 is 64.9% below this industry median. Based on the distribution chart, South Malaysia Industries Bhd ranks #527 out of 2295 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, South Malaysia Industries Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does South Malaysia Industries Bhd's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, South Malaysia Industries Bhd ranks #527 out of 2295 companies for Cyclically Adjusted PS Ratio. This places South Malaysia Industries Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.85. South Malaysia Industries Bhd's value of 0.65 is 64.9% below this benchmark. Historically, South Malaysia Industries Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 3.75 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.85, South Malaysia Industries 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.85, based on 2,295 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. South Malaysia Industries Bhd's current Cyclically Adjusted PS Ratio of 0.65 is 64.9% 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 South Malaysia Industries Bhd and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Malaysia Industries Bhd's current Cyclically Adjusted PS Ratio is 0.65, which is 31% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Malaysia Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, South Malaysia Industries Bhd (XKLS:4375) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.36, compared to a current price of RM0.20 — trading 44.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is 31% below median its 10-year median of 0.94 and 64.9% below the Industrial Products industry median of 1.85. South Malaysia Industries Bhd's overall GF Score™ is 36/100 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 South Malaysia Industries Bhd (XKLS:4375), the current Cyclically Adjusted PS Ratio is 0.65 as of Jul. 18, 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 South Malaysia Industries Bhd (XKLS:4375) Overvalued in 2026?

Based on GuruFocus' analysis, South Malaysia Industries Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 44.4% below its estimated GF Value™ of RM0.36. GuruFocus considers South Malaysia Industries Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4375:

  • Cyclically Adjusted PS Ratio: 0.65 (31% below median its 10-year median of 0.94)
  • GF Value™: RM0.36 vs. price of RM0.20 (44.4% below fair value)
  • GF Score™: 36/100 with 3 warning signs
  • Industry Position: 64.9% below the Industrial Products median (#527 of 2295)

No single metric tells the full story. See the XKLS:4375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


South Malaysia Industries Bhd Business Description

Address No. 6, Lorong P. Ramlee, 13A Floor, Menara SMI, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50250
South Malaysia Industries Bhd is principally engaged in investment holding, trading, property development and provision of management services. The company's reportable segments are: i) Property development: Develop and sale of residential and commercial properties, ii) Property & investment holding: Investment in properties, carpark operation and holding company, iii) Manufacturing and trading: Manufacture of assorted wires and trading. The majority of the company's revenue is derived from the Manufacturing and trading segment. Geographically, it predominantly operates in Malaysia.
36GF Score

Get the complete analysis for XKLS:4375

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

RM0.20
Price
RM0.36
GF Value