Capital A Bhd (XKLS:5099) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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XKLS:5099 Capital A Bhd XKLS:5099
38 GF Score
Price RM0.24
GF Value RM0.29
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Capital A Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital A Bhd  (XKLS:5099) 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.


Capital A Bhd Cyclically Adjusted PS Ratio Related Terms


Capital A Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Capital A 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.

Capital A Bhd Cyclically Adjusted PS Ratio Chart

Capital A 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 0.09 0.07 0.10 0.13 0.21

Capital A Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.10 0.10 0.17 0.18 0.17

XKLS:5099 vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Capital A 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.


Capital A Bhd Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Capital A Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5099
38GF Score
Capital A Bhd XKLS:5099
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital A 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.

Capital A Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Capital A Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.101/333.9520*333.9520
=0.101

Current CPI (Jun. 2026) = 333.9520.

Capital A Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.606 241.428 0.838
201612 0.696 241.432 0.963
201703 0.666 243.801 0.912
201706 0.712 244.955 0.971
201709 0.732 246.819 0.990
201712 0.795 246.524 1.077
201803 0.765 249.554 1.024
201806 0.785 251.989 1.040
201809 0.781 252.439 1.033
201812 0.834 251.233 1.109
201903 0.829 254.202 1.089
201906 0.890 256.143 1.160
201909 0.932 256.759 1.212
201912 0.984 256.974 1.279
202003 0.701 258.115 0.907
202006 0.043 257.797 0.056
202009 0.140 260.280 0.180
202012 0.067 260.474 0.086
202103 0.090 264.877 0.113
202106 0.102 271.696 0.125
202109 0.078 274.310 0.095
202112 0.211 278.802 0.253
202203 0.200 287.504 0.232
202206 0.362 296.311 0.408
202209 0.484 296.808 0.545
202212 0.528 296.797 0.594
202303 0.624 301.836 0.690
202306 0.776 305.109 0.849
202309 1.009 307.789 1.095
202312 1.150 306.746 1.252
202403 0.085 312.332 0.091
202406 0.081 314.175 0.086
202409 0.113 315.301 0.120
202412 0.120 315.605 0.127
202503 0.096 319.799 0.100
202506 0.072 322.561 0.075
202509 0.103 324.800 0.106
202512 0.176 324.054 0.181
202603 0.172 330.213 0.174
202606 0.101 333.952 0.101

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.

Is Capital A Bhd (XKLS:5099) Overvalued in 2026?

Based on GuruFocus' analysis, Capital A Bhd stock appears to be undervalued. The current stock price of RM0.24 is trading 17.2% below its estimated GF Value™ of RM0.29. GuruFocus considers Capital A Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5099:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: RM0.29 vs. price of RM0.24 (17.2% below fair value)
  • GF Score™: 38/100 with 8 warning signs

No single metric tells the full story. See the XKLS:5099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital A Bhd Business Description

Other Exchanges AIABF:USA
Address Wisma Capital A, 19-04-02, No. 19 Lorong Dungun, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
Capital A Bhd provides air transportation throughout Asia. The airline operator focuses on delivering lower fares without a host of other amenities. The company's operating segments include Engineering, Move, Teleport, Santan, AirAsia Next, and Others. The company's geographical segments include Malaysia, the Philippines, Indonesia, Thailand, and others, of which the vast majority of its revenue comes from Malaysia.
38GF Score

Get the complete analysis for XKLS:5099

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

RM0.24
Price
RM0.29
GF Value