Zhulian Bhd (XKLS:5131) Cyclically Adjusted PS Ratio: 2.21 (As of Jul. 25, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5131 Zhulian Corp Bhd XKLS:5131
74 GF Score
Price RM0.93
GF Value RM1.19
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Zhulian Bhd Cyclically Adjusted PS Ratio?

Zhulian Bhd XKLS:5131 74 Cyclically Adjusted PS Ratio is 2.21 as of Jul. 25, 2026, which is 26% below its 10-year median of 3.00. GuruFocus rates XKLS:5131 with a GF Score™ of 74/100 and a GF Value™ of RM1.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 793 Retail - Cyclical companies, Zhulian Bhd ranks worse than 85.12% on this metric.

As of today (2026-07-25), Zhulian Bhd's current share price is RM0.93. Zhulian Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was RM0.42. Zhulian Bhd's Cyclically Adjusted PS Ratio for today is 2.21.

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

XKLS:5131' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.69   Med: 3   Max: 3.91
Current: 2.09

During the past years, Zhulian Bhd's highest Cyclically Adjusted PS Ratio was 3.91. The lowest was 1.69. And the median was 3.00.

XKLS:5131's Cyclically Adjusted PS Ratio is ranked worse than
85.12% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs XKLS:5131: 2.09

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.

Zhulian Bhd's adjusted revenue per share data for the three months ended in May. 2026 was RM0.058. 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 RM0.42 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhulian Bhd  (XKLS:5131) 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.


Zhulian Bhd Cyclically Adjusted PS Ratio Related Terms


Zhulian Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zhulian 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.

Zhulian Bhd Cyclically Adjusted PS Ratio Chart

Zhulian Bhd Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 3.35 3.88 2.26 2.63

Zhulian 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 2.64 2.67 2.63 2.21 1.93

XKLS:5131 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Zhulian 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.


Zhulian Bhd Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhulian Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5131
74GF Score
Zhulian Corp Bhd XKLS:5131
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhulian 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.93/0.42
=2.21

* 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.

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

For example, Zhulian 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)
=0.058/335.1230*335.1230
=0.058

Current CPI (May. 2026) = 335.1230.

Zhulian Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.000 240.849 0.000
201611 0.000 241.353 0.000
201702 0.105 243.603 0.144
201705 0.105 244.733 0.144
201708 0.108 245.519 0.147
201711 0.127 246.669 0.173
201802 0.094 248.991 0.127
201805 0.096 251.588 0.128
201808 0.111 252.146 0.148
201811 0.096 252.038 0.128
201902 0.086 252.776 0.114
201905 0.114 256.092 0.149
201908 0.086 256.558 0.112
201911 0.084 257.208 0.109
202002 0.097 258.678 0.126
202005 0.086 256.394 0.112
202008 0.093 259.918 0.120
202011 0.093 260.229 0.120
202102 0.090 263.014 0.115
202105 0.082 269.195 0.102
202108 0.080 273.567 0.098
202111 0.069 277.948 0.083
202202 0.075 283.716 0.089
202205 0.079 292.296 0.091
202208 0.072 296.171 0.081
202211 0.066 297.711 0.074
202302 0.071 300.840 0.079
202305 0.073 304.127 0.080
202308 0.074 307.026 0.081
202311 0.070 307.051 0.076
202402 0.063 310.326 0.068
202405 0.072 314.069 0.077
202408 0.070 314.796 0.075
202411 0.139 315.493 0.148
202502 0.064 319.082 0.067
202505 0.082 321.465 0.085
202508 0.069 323.976 0.071
202511 0.106 324.122 0.110
202602 0.060 326.785 0.062
202605 0.058 335.123 0.058

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 2.21 mean?
Zhulian Bhd (XKLS:5131) has a Cyclically Adjusted PS Ratio of 2.21 as of Jul. 25, 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 Zhulian Bhd and its competitors. This is 26% below median its historical median of 3.00. Over the past decade, Zhulian Bhd's Cyclically Adjusted PS Ratio has ranged from 1.69 to 3.91. According to the industry distribution chart, Zhulian Bhd ranks #675 out of 793 companies in the Retail - Cyclical industry, placing it in the top 85.1%.
Is Zhulian Bhd's Cyclically Adjusted PS Ratio too high?
Zhulian Bhd's current Cyclically Adjusted PS Ratio of 2.21 is 26% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 3.91. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Zhulian Bhd's value of 2.21 is 351% above this industry median. Based on the distribution chart, Zhulian Bhd ranks #675 out of 793 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Zhulian Bhd has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhulian Bhd's Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Zhulian Bhd ranks #675 out of 793 companies for Cyclically Adjusted PS Ratio. This places Zhulian Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Zhulian Bhd's value of 2.21 is 351% above this benchmark. Historically, Zhulian Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.69 to 3.91 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 0.49, Zhulian 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 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. Zhulian Bhd's current Cyclically Adjusted PS Ratio of 2.21 is 351% 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 Zhulian Bhd and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhulian Bhd's current Cyclically Adjusted PS Ratio is 2.21, which is 26% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhulian Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zhulian Bhd (XKLS:5131) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.19, compared to a current price of RM0.93 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.21, which is 26% below median its 10-year median of 3.00 and 351% above the Retail - Cyclical industry median of 0.49. Zhulian Bhd's overall GF Score™ is 74/100 with 6 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 Zhulian Bhd (XKLS:5131), the current Cyclically Adjusted PS Ratio is 2.21 as of Jul. 25, 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 Zhulian Bhd (XKLS:5131) Overvalued in 2026?

Based on GuruFocus' analysis, Zhulian Bhd stock appears to be undervalued. The current stock price of RM0.93 is trading 21.8% below its estimated GF Value™ of RM1.19. GuruFocus considers Zhulian Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5131:

  • Cyclically Adjusted PS Ratio: 2.21 (26% below median its 10-year median of 3.00)
  • GF Value™: RM1.19 vs. price of RM0.93 (21.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 351% above the Retail - Cyclical median (#675 of 793)

No single metric tells the full story. See the XKLS:5131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhulian Bhd Business Description

Address Plot 42, Bayan Lepas Industrial Estate, Phase IV, Bayan Lepas, PNG, MYS, 11900
Zhulian Corp Bhd is an investment holding company based in Malaysia, operating principally in the direct selling industry. Through its subsidiaries, the Group is engaged in the manufacturing, distribution, marketing, and sale of jewellery and a diversified portfolio of consumer products. Its products include jewellery, beverages, health supplements, home wellness, therapeutic beddings, household products, and personal, baby and beauty care. The Group's operations are principally confined to the manufacture and sale of jewellery and consumer products on a direct sales basis, mainly carried out in Malaysia, Thailand, and Cambodia, with Thailand generating maximum revenue.
74GF Score

Get the complete analysis for XKLS:5131

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

RM0.93
Price
RM1.19
GF Value