Hup Seng Industries Bhd (XKLS:5024) Cyclically Adjusted PS Ratio: 1.97 (As of Jul. 24, 2026) — Near Median

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XKLS:5024 Hup Seng Industries Bhd XKLS:5024
96 GF Score
Price RM0.97
GF Value RM1.03
Valuation Fairly Valued
! 1 Warning Sign
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What is Hup Seng Industries Bhd Cyclically Adjusted PS Ratio?

Hup Seng Industries Bhd XKLS:5024 96 Cyclically Adjusted PS Ratio is 1.97 as of Jul. 24, 2026, which is 8% below its 10-year median of 2.13. GuruFocus rates XKLS:5024 with a GF Score™ of 96/100 and a GF Value™ of RM1.03 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,449 Consumer Packaged Goods companies, Hup Seng Industries Bhd ranks worse than 78.26% on this metric.

As of today (2026-07-24), Hup Seng Industries Bhd's current share price is RM0.965. Hup Seng Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.49. Hup Seng Industries Bhd's Cyclically Adjusted PS Ratio for today is 1.97.

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

XKLS:5024' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.13   Max: 2.87
Current: 1.98

During the past years, Hup Seng Industries Bhd's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 1.41. And the median was 2.13.

XKLS:5024's Cyclically Adjusted PS Ratio is ranked worse than
78.26% of 1449 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs XKLS:5024: 1.98

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.

Hup Seng Industries Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.114. 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 RM0.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hup Seng Industries Bhd  (XKLS:5024) 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.


Hup Seng Industries Bhd Cyclically Adjusted PS Ratio Related Terms


Hup Seng Industries Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hup Seng 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.

Hup Seng Industries Bhd Cyclically Adjusted PS Ratio Chart

Hup Seng Industries 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 2.15 1.65 1.74 2.60 2.06

Hup Seng Industries 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 2.15 1.98 2.09 2.06 2.02

XKLS:5024 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Hup Seng 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.


Hup Seng Industries Bhd Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hup Seng Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5024
96GF Score
Hup Seng Industries Bhd XKLS:5024
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hup Seng 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.

Hup Seng Industries Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.965/0.49
=1.97

* 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.

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

For example, Hup Seng 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)
=0.114/330.2130*330.2130
=0.114

Current CPI (Mar. 2026) = 330.2130.

Hup Seng Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.082 241.018 0.112
201609 0.081 241.428 0.111
201612 0.103 241.432 0.141
201703 0.092 243.801 0.125
201706 0.087 244.955 0.117
201709 0.088 246.819 0.118
201712 0.108 246.524 0.145
201803 0.096 249.554 0.127
201806 0.087 251.989 0.114
201809 0.093 252.439 0.122
201812 0.107 251.233 0.141
201903 0.094 254.202 0.122
201906 0.087 256.143 0.112
201909 0.096 256.759 0.123
201912 0.110 256.974 0.141
202003 0.101 258.115 0.129
202006 0.089 257.797 0.114
202009 0.109 260.280 0.138
202012 0.110 260.474 0.139
202103 0.103 264.877 0.128
202106 0.083 271.696 0.101
202109 0.081 274.310 0.098
202112 0.102 278.802 0.121
202203 0.099 287.504 0.114
202206 0.092 296.311 0.103
202209 0.088 296.808 0.098
202212 0.119 296.797 0.132
202303 0.108 301.836 0.118
202306 0.102 305.109 0.110
202309 0.118 307.789 0.127
202312 0.119 306.746 0.128
202403 0.117 312.332 0.124
202406 0.100 314.175 0.105
202409 0.131 315.301 0.137
202412 0.146 315.605 0.153
202503 0.115 319.799 0.119
202506 0.106 322.561 0.109
202509 0.132 324.800 0.134
202512 0.141 324.054 0.144
202603 0.114 330.213 0.114

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 1.97 mean?
Hup Seng Industries Bhd (XKLS:5024) has a Cyclically Adjusted PS Ratio of 1.97 as of Jul. 24, 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 Hup Seng Industries Bhd and its competitors. This is near median its historical median of 2.13. Over the past decade, Hup Seng Industries Bhd's Cyclically Adjusted PS Ratio has ranged from 1.41 to 2.87. According to the industry distribution chart, Hup Seng Industries Bhd ranks #1134 out of 1449 companies in the Consumer Packaged Goods industry, placing it in the top 78.3%.
Is Hup Seng Industries Bhd's Cyclically Adjusted PS Ratio too high?
Hup Seng Industries Bhd's current Cyclically Adjusted PS Ratio of 1.97 is near median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.87. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Hup Seng Industries Bhd's value of 1.97 is 155.8% above this industry median. Based on the distribution chart, Hup Seng Industries Bhd ranks #1134 out of 1449 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hup Seng Industries Bhd has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hup Seng Industries Bhd's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hup Seng Industries Bhd ranks #1134 out of 1449 companies for Cyclically Adjusted PS Ratio. This places Hup Seng Industries Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Hup Seng Industries Bhd's value of 1.97 is 155.8% above this benchmark. Historically, Hup Seng Industries Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.41 to 2.87 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 0.77, Hup Seng Industries 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,449 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. Hup Seng Industries Bhd's current Cyclically Adjusted PS Ratio of 1.97 is 155.8% 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 Hup Seng Industries Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hup Seng Industries Bhd's current Cyclically Adjusted PS Ratio is 1.97, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hup Seng Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hup Seng Industries Bhd (XKLS:5024) is currently considered Fairly Valued. The stock's GF Value™ is RM1.03, compared to a current price of RM0.97 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.97, which is near median its 10-year median of 2.13 and 155.8% above the Consumer Packaged Goods industry median of 0.77. Hup Seng Industries Bhd's overall GF Score™ is 96/100 with 1 warning sign 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 Hup Seng Industries Bhd (XKLS:5024), the current Cyclically Adjusted PS Ratio is 1.97 as of Jul. 24, 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 Hup Seng Industries Bhd (XKLS:5024) Overvalued in 2026?

Based on GuruFocus' analysis, Hup Seng Industries Bhd stock appears to be undervalued. The current stock price of RM0.97 is trading 6.3% below its estimated GF Value™ of RM1.03. GuruFocus considers Hup Seng Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:5024:

  • Cyclically Adjusted PS Ratio: 1.97 (near median its 10-year median of 2.13)
  • GF Value™: RM1.03 vs. price of RM0.97 (6.3% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 155.8% above the Consumer Packaged Goods median (#1134 of 1449)

No single metric tells the full story. See the XKLS:5024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hup Seng Industries Bhd Business Description

Address 14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010
Hup Seng Industries Bhd is engaged in the business of manufacture and sales of biscuits and coffee mix, and dealers in biscuits, confectionery and other foodstuff. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. Its Biscuit manufacturing segment manufactures and sells biscuits. The beverage manufacturing segment consists of wholesale coffee mix and all kinds of foodstuffs. Its Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwiches, and many more. Instant Coffeemix, Teas and Cereals, Rice crackers, and other products.
96GF Score

Get the complete analysis for XKLS:5024

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

RM0.97
Price
RM1.03
GF Value