Malpac Holdings Bhd (XKLS:4936) Cyclically Adjusted PS Ratio: 10.29 (As of Aug. 02, 2026) — 28% Below Median

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XKLS:4936 Malpac Holdings Bhd XKLS:4936
25 GF Score
Price RM0.72
GF Value RM0.82
! 2 Warning Signs
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What is Malpac Holdings Bhd Cyclically Adjusted PS Ratio?

Malpac Holdings Bhd XKLS:4936 25 Cyclically Adjusted PS Ratio is 10.29 as of Aug. 02, 2026, which is 28% below its 10-year median of 14.29. GuruFocus rates XKLS:4936 with a GF Score™ of 25/100 and a GF Value™ of RM0.82. The stock has 2 warning signs investors should review.

As of today (2026-08-02), Malpac Holdings Bhd's current share price is RM0.72. Malpac Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was RM0.07. Malpac Holdings Bhd's Cyclically Adjusted PS Ratio for today is 10.29.

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

XKLS:4936' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.56   Med: 14.29   Max: 21.67
Current: 10.8

During the past years, Malpac Holdings Bhd's highest Cyclically Adjusted PS Ratio was 21.67. The lowest was 7.56. And the median was 14.29.

XKLS:4936's Cyclically Adjusted PS Ratio is not ranked
in the Asset Management industry.
Industry Median: 7.69 vs XKLS:4936: 10.80

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.

Malpac Holdings Bhd's adjusted revenue per share data for the three months ended in Sep. 2025 was RM0.012. 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 RM0.07 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malpac Holdings Bhd  (XKLS:4936) 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.


Malpac Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Malpac Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Malpac 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.

Malpac Holdings Bhd Cyclically Adjusted PS Ratio Chart

Malpac Holdings Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.01 18.26 12.12 14.62 11.50

Malpac Holdings Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 12.73 12.70 11.02 11.50 12.60

XKLS:4936 vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Malpac 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.


Malpac Holdings Bhd Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Malpac Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:4936
25GF Score
Malpac Holdings Bhd XKLS:4936
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Malpac 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.72/0.07
=10.29

* 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.

Malpac Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Malpac Holdings Bhd's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.012/324.8000*324.8000
=0.012

Current CPI (Sep. 2025) = 324.8000.

Malpac Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.000 238.638 0.000
201509 0.000 237.945 0.000
201603 0.000 238.132 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.056 256.143 0.071
201909 0.011 256.759 0.014
201912 0.014 256.974 0.018
202003 0.012 258.115 0.015
202006 0.011 257.797 0.014
202009 0.013 260.280 0.016
202012 0.037 260.474 0.046
202103 0.009 264.877 0.011
202106 -0.022 271.696 -0.026
202109 0.012 274.310 0.014
202112 0.017 278.802 0.020
202203 0.003 287.504 0.003
202206 0.004 296.311 0.004
202209 0.004 296.808 0.004
202212 0.054 296.797 0.059
202303 0.013 301.836 0.014
202306 0.013 305.109 0.014
202309 0.014 307.789 0.015
202312 0.014 306.746 0.015
202403 0.014 312.332 0.015
202406 0.013 314.175 0.013
202409 0.013 315.301 0.013
202412 0.013 315.605 0.013
202503 0.013 319.799 0.013
202506 0.012 322.561 0.012
202509 0.012 324.800 0.012

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 10.29 mean?
Malpac Holdings Bhd (XKLS:4936) has a Cyclically Adjusted PS Ratio of 10.29 as of Aug. 02, 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 Malpac Holdings Bhd and its competitors. This is 28% below median its historical median of 14.29. Over the past decade, Malpac Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 7.56 to 21.67.
Is Malpac Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Malpac Holdings Bhd's current Cyclically Adjusted PS Ratio of 10.29 is 28% below median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 7.56 to a high of 21.67. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.69. Malpac Holdings Bhd's value of 10.29 is 33.8% above this industry median. Overall, Malpac Holdings Bhd has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Malpac Holdings Bhd's Cyclically Adjusted PS Ratio compare to BLK and BX?
Malpac Holdings Bhd's Cyclically Adjusted PS Ratio of 10.29 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PS Ratio is 7.69. Malpac Holdings Bhd's value of 10.29 is 33.8% above this benchmark. Historically, Malpac Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 7.56 to 21.67 over the past decade. While the company's 10-year median is 14.29 vs. the industry median of 7.69, Malpac Holdings 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.69, based on 907 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. Malpac Holdings Bhd's current Cyclically Adjusted PS Ratio of 10.29 is 33.8% 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 Malpac Holdings Bhd and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malpac Holdings Bhd's current Cyclically Adjusted PS Ratio is 10.29, which is 28% below median its own 10-year median of 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malpac Holdings Bhd stock overvalued right now?
Malpac Holdings Bhd (XKLS:4936) has a current Cyclically Adjusted PS Ratio of 10.29. The stock's GF Value™ is RM0.82, compared to a current price of RM0.72 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.29, which is 28% below median its 10-year median of 14.29 and 33.8% above the Asset Management industry median of 7.69. Malpac Holdings Bhd's overall GF Score™ is 25/100 with 2 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 Malpac Holdings Bhd (XKLS:4936), the current Cyclically Adjusted PS Ratio is 10.29 as of Aug. 02, 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 Malpac Holdings Bhd (XKLS:4936) Overvalued in 2026?

Based on GuruFocus' analysis, Malpac Holdings Bhd stock appears to be undervalued. The current stock price of RM0.72 is trading 12.2% below its estimated GF Value™ of RM0.82.

Key valuation signals for XKLS:4936:

  • Cyclically Adjusted PS Ratio: 10.29 (28% below median its 10-year median of 14.29)
  • GF Value™: RM0.82 vs. price of RM0.72 (12.2% below fair value)
  • GF Score™: 25/100 with 2 warning signs
  • Industry Position: 33.8% above the Asset Management median

No single metric tells the full story. See the XKLS:4936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malpac Holdings Bhd Business Description

Address No. 23, Jalan Kong Sang, 2nd Floor, Seremban, NSN, MYS, 70000
Malpac Holdings Bhd is an investment holding company. Geographically, the company operates in two main geographical areas, namely Malaysia, and Japan. The majority of its revenue is generated from Malaysia.
25GF Score

Get the complete analysis for XKLS:4936

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

RM0.72
Price
RM0.82
GF Value