Melati Ehsan Holdings Bhd (XKLS:5129) Cyclically Adjusted PS Ratio: 0.28 (As of Aug. 04, 2026) — Near Median

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XKLS:5129 Melati Ehsan Holdings Bhd XKLS:5129
55 GF Score
Price RM0.49
GF Value RM1.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Melati Ehsan Holdings Bhd Cyclically Adjusted PS Ratio?

Melati Ehsan Holdings Bhd XKLS:5129 55 Cyclically Adjusted PS Ratio is 0.28 as of Aug. 04, 2026, which is 7% below its 10-year median of 0.30. GuruFocus rates XKLS:5129 with a GF Score™ of 55/100 and a GF Value™ of RM1.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,359 Construction companies, Melati Ehsan Holdings Bhd ranks better than 76.67% on this metric.

As of today (2026-08-04), Melati Ehsan Holdings Bhd's current share price is RM0.49. Melati Ehsan Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was RM1.75. Melati Ehsan Holdings Bhd's Cyclically Adjusted PS Ratio for today is 0.28.

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

XKLS:5129' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.3   Max: 0.39
Current: 0.28

During the past years, Melati Ehsan Holdings Bhd's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.18. And the median was 0.30.

XKLS:5129's Cyclically Adjusted PS Ratio is ranked better than
76.67% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs XKLS:5129: 0.28

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.

Melati Ehsan Holdings Bhd's adjusted revenue per share data for the three months ended in May. 2026 was RM0.521. 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 RM1.75 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melati Ehsan Holdings Bhd  (XKLS:5129) 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.


Melati Ehsan Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Melati Ehsan Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Melati Ehsan 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.

Melati Ehsan Holdings Bhd Cyclically Adjusted PS Ratio Chart

Melati Ehsan Holdings Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.27 0.35 0.33

Melati Ehsan Holdings Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.36 0.33 0.32 0.31 0.29

XKLS:5129 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Melati Ehsan 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.


Melati Ehsan Holdings Bhd Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Melati Ehsan Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5129
55GF Score
Melati Ehsan Holdings Bhd XKLS:5129
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Melati Ehsan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.49/1.75
=0.28

* 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.

Melati Ehsan Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Melati Ehsan Holdings Bhd's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.521/335.1230*335.1230
=0.521

Current CPI (May. 2026) = 335.1230.

Melati Ehsan Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.450 240.849 0.626
201611 0.183 241.353 0.254
201702 0.288 243.603 0.396
201705 0.270 244.733 0.370
201708 0.666 245.519 0.909
201711 0.370 246.669 0.503
201802 0.392 248.991 0.528
201805 1.054 251.588 1.404
201808 0.581 252.146 0.772
201811 0.339 252.038 0.451
201902 0.535 252.776 0.709
201905 0.334 256.092 0.437
201908 0.625 256.558 0.816
201911 0.501 257.208 0.653
202002 0.871 258.678 1.128
202005 0.163 256.394 0.213
202008 0.607 259.918 0.783
202011 0.353 260.229 0.455
202102 0.210 263.014 0.268
202105 0.190 269.195 0.237
202108 0.200 273.567 0.245
202111 0.183 277.948 0.221
202202 0.151 283.716 0.178
202205 0.478 292.296 0.548
202208 0.060 296.171 0.068
202211 0.117 297.711 0.132
202302 0.195 300.840 0.217
202305 0.127 304.127 0.140
202308 0.448 307.026 0.489
202311 0.109 307.051 0.119
202402 0.097 310.326 0.105
202405 0.049 314.069 0.052
202408 0.058 314.796 0.062
202411 0.101 315.493 0.107
202502 0.126 319.082 0.132
202505 0.333 321.465 0.347
202508 0.757 323.976 0.783
202511 0.590 324.122 0.610
202602 0.479 326.785 0.491
202605 0.521 335.123 0.521

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 0.28 mean?
Melati Ehsan Holdings Bhd (XKLS:5129) has a Cyclically Adjusted PS Ratio of 0.28 as of Aug. 04, 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 Melati Ehsan Holdings Bhd and its competitors. This is near median its historical median of 0.30. Over the past decade, Melati Ehsan Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.39. According to the industry distribution chart, Melati Ehsan Holdings Bhd ranks #317 out of 1359 companies in the Construction industry, placing it in the top 23.3%.
Is Melati Ehsan Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Melati Ehsan Holdings Bhd's current Cyclically Adjusted PS Ratio of 0.28 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.39. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Melati Ehsan Holdings Bhd's value of 0.28 is 60% below this industry median. Based on the distribution chart, Melati Ehsan Holdings Bhd ranks #317 out of 1359 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Melati Ehsan Holdings Bhd has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melati Ehsan Holdings Bhd's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Melati Ehsan Holdings Bhd ranks #317 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Melati Ehsan Holdings Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Melati Ehsan Holdings Bhd's value of 0.28 is 60% below this benchmark. Historically, Melati Ehsan Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.39 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.70, Melati Ehsan 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. Melati Ehsan Holdings Bhd's current Cyclically Adjusted PS Ratio of 0.28 is 60% 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 Melati Ehsan Holdings Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melati Ehsan Holdings Bhd's current Cyclically Adjusted PS Ratio is 0.28, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melati Ehsan Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melati Ehsan Holdings Bhd (XKLS:5129) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.84, compared to a current price of RM0.49 — trading 73.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is near median its 10-year median of 0.30 and 60% below the Construction industry median of 0.70. Melati Ehsan Holdings Bhd's overall GF Score™ is 55/100 with 7 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 Melati Ehsan Holdings Bhd (XKLS:5129), the current Cyclically Adjusted PS Ratio is 0.28 as of Aug. 04, 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 Melati Ehsan Holdings Bhd (XKLS:5129) Overvalued in 2026?

Based on GuruFocus' analysis, Melati Ehsan Holdings Bhd stock appears to be undervalued. The current stock price of RM0.49 is trading 73.4% below its estimated GF Value™ of RM1.84. GuruFocus considers Melati Ehsan Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5129:

  • Cyclically Adjusted PS Ratio: 0.28 (near median its 10-year median of 0.30)
  • GF Value™: RM1.84 vs. price of RM0.49 (73.4% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 60% below the Construction median (#317 of 1359)

No single metric tells the full story. See the XKLS:5129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melati Ehsan Holdings Bhd Business Description

Address No. 5, Jalan Titiwangsa, Kuala Lumpur, SGR, MYS, 53200
Melati Ehsan Holdings Bhd is a Malaysia-based investment holding company. The principal activities of the company include turnkey contracting, property development, trading of construction materials, rental of machinery, and money-lending services. The Group's reporting segments comprise the Construction segment, which includes turnkey construction activities; the Trading segment, which includes the trading of construction materials and rental of machinery; and the Property Development segment, which relates to the development of residential and commercial properties. The company operates principally in Malaysia and generates the majority of its revenue from the Construction segment.
55GF Score

Get the complete analysis for XKLS:5129

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

RM0.49
Price
RM1.84
GF Value