TAS Offshore Bhd (XKLS:5149) Cyclically Adjusted PS Ratio: 1.44 (As of Jul. 20, 2026) — 140% Above Median

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XKLS:5149 TAS Offshore Bhd XKLS:5149
51 GF Score
Price RM0.52
GF Value RM0.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAS Offshore Bhd Cyclically Adjusted PS Ratio?

TAS Offshore Bhd XKLS:5149 51 Cyclically Adjusted PS Ratio is 1.44 as of Jul. 20, 2026, which is 140% above its 10-year median of 0.60. GuruFocus rates XKLS:5149 with a GF Score™ of 51/100 and a GF Value™ of RM0.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 224 Aerospace & Defense companies, TAS Offshore Bhd ranks better than 72.77% on this metric.

As of today (2026-07-20), TAS Offshore Bhd's current share price is RM0.52. TAS Offshore Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was RM0.36. TAS Offshore Bhd's Cyclically Adjusted PS Ratio for today is 1.44.

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

XKLS:5149' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.6   Max: 1.76
Current: 1.45

During the past years, TAS Offshore Bhd's highest Cyclically Adjusted PS Ratio was 1.76. The lowest was 0.25. And the median was 0.60.

XKLS:5149's Cyclically Adjusted PS Ratio is ranked better than
72.77% of 224 companies
in the Aerospace & Defense industry
Industry Median: 2.975 vs XKLS:5149: 1.45

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.

TAS Offshore Bhd's adjusted revenue per share data for the three months ended in Feb. 2026 was RM0.135. 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 RM0.36 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAS Offshore Bhd  (XKLS:5149) 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.


TAS Offshore Bhd Cyclically Adjusted PS Ratio Related Terms


TAS Offshore Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Cyclically Adjusted PS Ratio Chart

TAS Offshore Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.33 0.32 1.48 1.56

TAS Offshore Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.49 1.56 1.50 1.64 1.41

XKLS:5149 vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5149
51GF Score
TAS Offshore Bhd XKLS:5149
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAS Offshore 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.52/0.36
=1.44

* 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.

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

For example, TAS Offshore Bhd's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.135/326.7850*326.7850
=0.135

Current CPI (Feb. 2026) = 326.7850.

TAS Offshore Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 -0.072 240.229 -0.098
201608 0.012 240.849 0.016
201611 0.016 241.353 0.022
201702 0.076 243.603 0.102
201705 0.010 244.733 0.013
201708 0.058 245.519 0.077
201711 0.065 246.669 0.086
201802 0.041 248.991 0.054
201805 0.101 251.588 0.131
201808 0.050 252.146 0.065
201811 0.087 252.038 0.113
201902 0.049 252.776 0.063
201905 0.019 256.092 0.024
201908 0.039 256.558 0.050
201911 0.034 257.208 0.043
202002 0.008 258.678 0.010
202005 0.009 256.394 0.011
202008 0.018 259.918 0.023
202011 0.019 260.229 0.024
202102 0.091 263.014 0.113
202105 0.066 269.195 0.080
202108 0.047 273.567 0.056
202111 0.028 277.948 0.033
202202 0.049 283.716 0.056
202205 0.196 292.296 0.219
202208 0.015 296.171 0.017
202211 0.054 297.711 0.059
202302 0.031 300.840 0.034
202305 0.102 304.127 0.110
202308 0.028 307.026 0.030
202311 0.159 307.051 0.169
202402 0.193 310.326 0.203
202405 0.026 314.069 0.027
202408 0.248 314.796 0.257
202411 0.305 315.493 0.316
202502 0.106 319.082 0.109
202505 0.149 321.465 0.151
202508 0.320 323.976 0.323
202511 0.263 324.122 0.265
202602 0.135 326.785 0.135

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 1.44 mean?
TAS Offshore Bhd (XKLS:5149) has a Cyclically Adjusted PS Ratio of 1.44 as of Jul. 20, 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 TAS Offshore Bhd and its competitors. This is 140% above median its historical median of 0.60. Over the past decade, TAS Offshore Bhd's Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.76. According to the industry distribution chart, TAS Offshore Bhd ranks #61 out of 224 companies in the Aerospace & Defense industry, placing it in the top 27.2%.
Is TAS Offshore Bhd's Cyclically Adjusted PS Ratio too high?
TAS Offshore Bhd's current Cyclically Adjusted PS Ratio of 1.44 is 140% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.76. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 2.98. TAS Offshore Bhd's value of 1.44 is 51.6% below this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #61 out of 224 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, TAS Offshore Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #61 out of 224 companies for Cyclically Adjusted PS Ratio. This puts TAS Offshore Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.98. TAS Offshore Bhd's value of 1.44 is 51.6% below this benchmark. Historically, TAS Offshore Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.76 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 2.98, TAS Offshore 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 2.98, based on 224 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. TAS Offshore Bhd's current Cyclically Adjusted PS Ratio of 1.44 is 51.6% 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 TAS Offshore Bhd and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current Cyclically Adjusted PS Ratio is 1.44, which is 140% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.52 — trading 40.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.44, which is 140% above median its 10-year median of 0.60 and 51.6% below the Aerospace & Defense industry median of 2.98. TAS Offshore Bhd's overall GF Score™ is 51/100 with 3 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 TAS Offshore Bhd (XKLS:5149), the current Cyclically Adjusted PS Ratio is 1.44 as of Jul. 20, 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.52 is trading 40.2% below its estimated GF Value™ of RM0.87. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Cyclically Adjusted PS Ratio: 1.44 (140% above median its 10-year median of 0.60)
  • GF Value™: RM0.87 vs. price of RM0.52 (40.2% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 51.6% below the Aerospace & Defense median (#61 of 224)

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
51GF Score

Get the complete analysis for XKLS:5149

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

RM0.52
Price
RM0.87
GF Value