Hap Seng Plantations Holdings Bhd (XKLS:5138) Cyclically Adjusted PS Ratio: 2.74 (As of Jul. 24, 2026) — 10% Above Median

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XKLS:5138 Hap Seng Plantations Holdings Bhd XKLS:5138
77 GF Score
Price RM2.44
GF Value RM2.04
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Hap Seng Plantations Holdings Bhd Cyclically Adjusted PS Ratio?

Hap Seng Plantations Holdings Bhd XKLS:5138 +1.24% 77 Cyclically Adjusted PS Ratio is 2.74 as of Jul. 24, 2026, which is 10% above its 10-year median of 2.50. GuruFocus rates XKLS:5138 with a GF Score™ of 77/100 and a GF Value™ of RM2.04 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,449 Consumer Packaged Goods companies, Hap Seng Plantations Holdings Bhd ranks worse than 85.65% on this metric.

As of today (2026-07-24), Hap Seng Plantations Holdings Bhd's current share price is RM2.44. Hap Seng Plantations Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.89. Hap Seng Plantations Holdings Bhd's Cyclically Adjusted PS Ratio for today is 2.74.

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

XKLS:5138' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.5   Max: 4.48
Current: 2.8

During the past years, Hap Seng Plantations Holdings Bhd's highest Cyclically Adjusted PS Ratio was 4.48. The lowest was 2.07. And the median was 2.50.

XKLS:5138's Cyclically Adjusted PS Ratio is ranked worse than
85.65% of 1449 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs XKLS:5138: 2.80

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.

Hap Seng Plantations Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.241. 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 RM0.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hap Seng Plantations Holdings Bhd  (XKLS:5138) 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.


Hap Seng Plantations Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Hap Seng Plantations Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hap Seng Plantations 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.

Hap Seng Plantations Holdings Bhd Cyclically Adjusted PS Ratio Chart

Hap Seng Plantations Holdings 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 2.84 2.56 2.17 2.40 2.51

Hap Seng Plantations 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 2.33 2.11 2.32 2.51 2.68

XKLS:5138 vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Hap Seng Plantations 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.


Hap Seng Plantations Holdings Bhd Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Hap Seng Plantations Holdings Bhd's Cyclically Adjusted PS Ratio falls into.


XKLS:5138
77GF Score
Hap Seng Plantations Holdings Bhd XKLS:5138
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hap Seng Plantations 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.

Hap Seng Plantations Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.44/0.89
=2.74

* 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.

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

For example, Hap Seng Plantations 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)
=0.241/330.2130*330.2130
=0.241

Current CPI (Mar. 2026) = 330.2130.

Hap Seng Plantations Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.138 241.018 0.189
201609 0.200 241.428 0.274
201612 0.161 241.432 0.220
201703 0.180 243.801 0.244
201706 0.167 244.955 0.225
201709 0.142 246.819 0.190
201712 0.205 246.524 0.275
201803 0.152 249.554 0.201
201806 0.135 251.989 0.177
201809 0.082 252.439 0.107
201812 0.120 251.233 0.158
201903 0.158 254.202 0.205
201906 0.100 256.143 0.129
201909 0.109 256.759 0.140
201912 0.156 256.974 0.200
202003 0.127 258.115 0.162
202006 0.105 257.797 0.134
202009 0.161 260.280 0.204
202012 0.192 260.474 0.243
202103 0.152 264.877 0.189
202106 0.226 271.696 0.275
202109 0.217 274.310 0.261
202112 0.244 278.802 0.289
202203 0.303 287.504 0.348
202206 0.309 296.311 0.344
202209 0.228 296.808 0.254
202212 0.180 296.797 0.200
202303 0.200 301.836 0.219
202306 0.211 305.109 0.228
202309 0.206 307.789 0.221
202312 0.218 306.746 0.235
202403 0.199 312.332 0.210
202406 0.229 314.175 0.241
202409 0.222 315.301 0.232
202412 0.292 315.605 0.306
202503 0.224 319.799 0.231
202506 0.195 322.561 0.200
202509 0.212 324.800 0.216
202512 0.247 324.054 0.252
202603 0.241 330.213 0.241

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 2.74 mean?
Hap Seng Plantations Holdings Bhd (XKLS:5138) has a Cyclically Adjusted PS Ratio of 2.74 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 Hap Seng Plantations Holdings Bhd and its competitors. This is 10% above median its historical median of 2.50. Over the past decade, Hap Seng Plantations Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 2.07 to 4.48. According to the industry distribution chart, Hap Seng Plantations Holdings Bhd ranks #1241 out of 1449 companies in the Consumer Packaged Goods industry, placing it in the top 85.6%.
Is Hap Seng Plantations Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Hap Seng Plantations Holdings Bhd's current Cyclically Adjusted PS Ratio of 2.74 is 10% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 4.48. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Hap Seng Plantations Holdings Bhd's value of 2.74 is 255.8% above this industry median. Based on the distribution chart, Hap Seng Plantations Holdings Bhd ranks #1241 out of 1449 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hap Seng Plantations Holdings Bhd has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Plantations Holdings Bhd's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Hap Seng Plantations Holdings Bhd ranks #1241 out of 1449 companies for Cyclically Adjusted PS Ratio. This places Hap Seng Plantations Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Hap Seng Plantations Holdings Bhd's value of 2.74 is 255.8% above this benchmark. Historically, Hap Seng Plantations Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 2.07 to 4.48 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.77, Hap Seng Plantations Holdings 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. Hap Seng Plantations Holdings Bhd's current Cyclically Adjusted PS Ratio of 2.74 is 255.8% 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 Hap Seng Plantations Holdings 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. Hap Seng Plantations Holdings Bhd's current Cyclically Adjusted PS Ratio is 2.74, which is 10% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hap Seng Plantations Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Plantations Holdings Bhd (XKLS:5138) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.04, compared to a current price of RM2.44 — trading 19.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.74, which is 10% above median its 10-year median of 2.50 and 255.8% above the Consumer Packaged Goods industry median of 0.77. Hap Seng Plantations Holdings Bhd's overall GF Score™ is 77/100 with 8 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 Hap Seng Plantations Holdings Bhd (XKLS:5138), the current Cyclically Adjusted PS Ratio is 2.74 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 Hap Seng Plantations Holdings Bhd (XKLS:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Hap Seng Plantations Holdings Bhd stock appears to be overvalued. The current stock price of RM2.44 is trading 19.6% above its estimated GF Value™ of RM2.04. GuruFocus considers Hap Seng Plantations Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5138:

  • Cyclically Adjusted PS Ratio: 2.74 (10% above median its 10-year median of 2.50)
  • GF Value™: RM2.04 vs. price of RM2.44 (19.6% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 255.8% above the Consumer Packaged Goods median (#1241 of 1449)

No single metric tells the full story. See the XKLS:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hap Seng Plantations Holdings Bhd Business Description

Address Jalan P. Ramlee, 21st Floor, Menara Hap Seng, Kuala Lumpur, SGR, MYS, 50250
Hap Seng Plantations Holdings Bhd is a Malaysia-based palm oil plantation company. It is focused on the upstream activities in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches (FFB) into crude palm oil (CPO) in its mills. Geographically, the company derives all of its revenue from Malaysia.
77GF Score

Get the complete analysis for XKLS:5138

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

RM2.44
Price
RM2.04
GF Value