Apex Equity Holdings Bhd (XKLS:5088) Cyclically Adjusted PS Ratio: 2.34 (As of Jul. 26, 2026) — 34% Below Median

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XKLS:5088 Apex Equity Holdings Bhd XKLS:5088
34 GF Score
Price RM0.68
GF Value RM0.89
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio?

Apex Equity Holdings Bhd XKLS:5088 +5.43% 34 Cyclically Adjusted PS Ratio is 2.34 as of Jul. 26, 2026, which is 34% below its 10-year median of 3.54. GuruFocus rates XKLS:5088 with a GF Score™ of 34/100 and a GF Value™ of RM0.89 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 605 Capital Markets companies, Apex Equity Holdings Bhd ranks better than 62.48% on this metric.

As of today (2026-07-26), Apex Equity Holdings Bhd's current share price is RM0.68. Apex Equity Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.29. Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio for today is 2.34.

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

XKLS:5088' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.54   Max: 4.71
Current: 2.33

During the past years, Apex Equity Holdings Bhd's highest Cyclically Adjusted PS Ratio was 4.71. The lowest was 2.16. And the median was 3.54.

XKLS:5088's Cyclically Adjusted PS Ratio is ranked better than
62.48% of 605 companies
in the Capital Markets industry
Industry Median: 3.31 vs XKLS:5088: 2.33

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.

Apex Equity Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.077. 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 RM0.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Equity Holdings Bhd  (XKLS:5088) 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.


Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apex Equity 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.

Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio Chart

Apex Equity Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.84 3.85 4.06 3.77

Apex Equity Holdings 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 3.20 3.17 3.19 3.11 2.81

XKLS:5088 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Apex Equity 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.


Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5088
34GF Score
Apex Equity Holdings Bhd XKLS:5088
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Equity 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.68/0.29
=2.34

* 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.

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

For example, Apex Equity Holdings 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)
=0.077/330.2130*330.2130
=0.077

Current CPI (Mar. 2026) = 330.2130.

Apex Equity Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.043 241.018 0.059
201609 0.048 241.428 0.066
201612 0.044 241.432 0.060
201703 0.060 243.801 0.081
201706 0.059 244.955 0.080
201709 0.045 246.819 0.060
201712 0.044 246.524 0.059
201803 0.051 249.554 0.067
201806 0.047 251.989 0.062
201809 0.051 252.439 0.067
201812 0.036 251.233 0.047
201903 0.046 254.202 0.060
201906 0.041 256.143 0.053
201909 0.040 256.759 0.051
201912 0.041 256.974 0.053
202003 0.048 258.115 0.061
202006 0.063 257.797 0.081
202009 0.091 260.280 0.115
202012 0.081 260.474 0.103
202103 0.081 264.877 0.101
202106 0.067 271.696 0.081
202109 0.239 274.310 0.288
202112 0.050 278.802 0.059
202203 0.049 287.504 0.056
202206 0.038 296.311 0.042
202209 0.043 296.808 0.048
202212 0.047 296.797 0.052
202303 0.052 301.836 0.057
202306 0.052 305.109 0.056
202309 0.057 307.789 0.061
202312 0.065 306.746 0.070
202403 0.063 312.332 0.067
202406 0.074 314.175 0.078
202409 0.074 315.301 0.077
202412 0.067 315.605 0.070
202503 0.069 319.799 0.071
202506 0.068 322.561 0.070
202509 0.070 324.800 0.071
202512 0.083 324.054 0.085
202603 0.077 330.213 0.077

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 2.34 mean?
Apex Equity Holdings Bhd (XKLS:5088) has a Cyclically Adjusted PS Ratio of 2.34 as of Jul. 26, 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 Apex Equity Holdings Bhd and its competitors. This is 34% below median its historical median of 3.54. Over the past decade, Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 2.16 to 4.71. According to the industry distribution chart, Apex Equity Holdings Bhd ranks #227 out of 605 companies in the Capital Markets industry, placing it in the top 37.5%.
Is Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Apex Equity Holdings Bhd's current Cyclically Adjusted PS Ratio of 2.34 is 34% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 4.71. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.31. Apex Equity Holdings Bhd's value of 2.34 is 29.3% below this industry median. Based on the distribution chart, Apex Equity Holdings Bhd ranks #227 out of 605 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Apex Equity Holdings Bhd has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Apex Equity Holdings Bhd ranks #227 out of 605 companies for Cyclically Adjusted PS Ratio. This puts Apex Equity Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.31. Apex Equity Holdings Bhd's value of 2.34 is 29.3% below this benchmark. Historically, Apex Equity Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 2.16 to 4.71 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 3.31, Apex Equity Holdings 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.31, based on 605 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. Apex Equity Holdings Bhd's current Cyclically Adjusted PS Ratio of 2.34 is 29.3% 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 Apex Equity Holdings Bhd and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Equity Holdings Bhd's current Cyclically Adjusted PS Ratio is 2.34, which is 34% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Equity Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apex Equity Holdings Bhd (XKLS:5088) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.89, compared to a current price of RM0.68 — trading 23.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.34, which is 34% below median its 10-year median of 3.54 and 29.3% below the Capital Markets industry median of 3.31. Apex Equity Holdings Bhd's overall GF Score™ is 34/100 with 9 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 Apex Equity Holdings Bhd (XKLS:5088), the current Cyclically Adjusted PS Ratio is 2.34 as of Jul. 26, 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 Apex Equity Holdings Bhd (XKLS:5088) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Equity Holdings Bhd stock appears to be undervalued. The current stock price of RM0.68 is trading 23.6% below its estimated GF Value™ of RM0.89. GuruFocus considers Apex Equity Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5088:

  • Cyclically Adjusted PS Ratio: 2.34 (34% below median its 10-year median of 3.54)
  • GF Value™: RM0.89 vs. price of RM0.68 (23.6% below fair value)
  • GF Score™: 34/100 with 9 warning signs
  • Industry Position: 29.3% below the Capital Markets median (#227 of 605)

No single metric tells the full story. See the XKLS:5088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Equity Holdings Bhd Business Description

Address 12, Jalan PJU 7/5, Level 5, Menara UAC, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800
Apex Equity Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the business of investment holding and trading in marketable securities. The group is organised into four main reportable segments, which include Investment holdings and others, Stock and securities broking, Property holding, and Money lending. The majority of its revenue is generated from the Stock and securities broking segment, which deals with securities, clearings, derivatives, and investment advisory. It has also launched an online trading platform, Apexetrade, which allows customers access to the latest market information and an extensive range of trading tools. Geographically, the group operates predominantly in Malaysia.
34GF Score

Get the complete analysis for XKLS:5088

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

RM0.68
Price
RM0.89
GF Value