Ec Excel Holdings Bhd (XKLS:5192) Cyclically Adjusted PS Ratio: 0.57 (As of Jul. 21, 2026) — Near Median

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XKLS:5192 Ec Excel Holdings Bhd XKLS:5192
42 GF Score
Price RM0.83
GF Value RM0.68
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Ec Excel Holdings Bhd Cyclically Adjusted PS Ratio?

Ec Excel Holdings Bhd XKLS:5192 42 Cyclically Adjusted PS Ratio is 0.57 as of Jul. 21, 2026, which is 8% below its 10-year median of 0.62. GuruFocus rates XKLS:5192 with a GF Score™ of 42/100 and a GF Value™ of RM0.68 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 514 Steel companies, Ec Excel Holdings Bhd ranks worse than 57.2% on this metric.

As of today (2026-07-21), Ec Excel Holdings Bhd's current share price is RM0.83. Ec Excel Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.46. Ec Excel Holdings Bhd's Cyclically Adjusted PS Ratio for today is 0.57.

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

XKLS:5192' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.62   Max: 1.32
Current: 0.57

During the past years, Ec Excel Holdings Bhd's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.41. And the median was 0.62.

XKLS:5192's Cyclically Adjusted PS Ratio is ranked worse than
57.2% of 514 companies
in the Steel industry
Industry Median: 0.45 vs XKLS:5192: 0.57

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.

Ec Excel Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.373. 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 RM1.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ec Excel Holdings Bhd  (XKLS:5192) 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.


Ec Excel Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Ec Excel Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ec Excel 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.

Ec Excel Holdings Bhd Cyclically Adjusted PS Ratio Chart

Ec Excel 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 0.61 1.19 0.67 0.56 0.52

Ec Excel 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 0.45 0.53 0.51 0.52 0.65

XKLS:5192 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Ec Excel 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.


Ec Excel Holdings Bhd Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ec Excel Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5192
42GF Score
Ec Excel Holdings Bhd XKLS:5192
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ec Excel 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.

Ec Excel Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.83/1.46
=0.57

* 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.

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

For example, Ec Excel 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)
=0.373/330.2130*330.2130
=0.373

Current CPI (Mar. 2026) = 330.2130.

Ec Excel Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.256 241.018 0.351
201609 0.230 241.428 0.315
201612 0.248 241.432 0.339
201703 0.229 243.801 0.310
201706 0.251 244.955 0.338
201709 0.292 246.819 0.391
201712 0.368 246.524 0.493
201803 0.233 249.554 0.308
201806 0.219 251.989 0.287
201809 0.289 252.439 0.378
201812 0.247 251.233 0.325
201903 0.201 254.202 0.261
201906 0.257 256.143 0.331
201909 0.252 256.759 0.324
201912 0.285 256.974 0.366
202003 0.207 258.115 0.265
202006 0.172 257.797 0.220
202009 0.290 260.280 0.368
202012 0.306 260.474 0.388
202103 0.273 264.877 0.340
202106 0.319 271.696 0.388
202109 0.270 274.310 0.325
202112 0.342 278.802 0.405
202203 0.371 287.504 0.426
202206 0.408 296.311 0.455
202209 0.402 296.808 0.447
202212 0.309 296.797 0.344
202303 0.323 301.836 0.353
202306 0.356 305.109 0.385
202309 0.431 307.789 0.462
202312 0.642 306.746 0.691
202403 0.639 312.332 0.676
202406 0.474 314.175 0.498
202409 0.300 315.301 0.314
202412 0.308 315.605 0.322
202503 0.282 319.799 0.291
202506 0.271 322.561 0.277
202509 0.243 324.800 0.247
202512 0.227 324.054 0.231
202603 0.373 330.213 0.373

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 0.57 mean?
Ec Excel Holdings Bhd (XKLS:5192) has a Cyclically Adjusted PS Ratio of 0.57 as of Jul. 21, 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 Ec Excel Holdings Bhd and its competitors. This is near median its historical median of 0.62. Over the past decade, Ec Excel Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.32. According to the industry distribution chart, Ec Excel Holdings Bhd ranks #294 out of 514 companies in the Steel industry, placing it in the top 57.2%.
Is Ec Excel Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Ec Excel Holdings Bhd's current Cyclically Adjusted PS Ratio of 0.57 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.32. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Ec Excel Holdings Bhd's value of 0.57 is 26.7% above this industry median. Based on the distribution chart, Ec Excel Holdings Bhd ranks #294 out of 514 companies in the Steel industry, which is below the industry midpoint. Overall, Ec Excel Holdings Bhd has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ec Excel Holdings Bhd's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ec Excel Holdings Bhd ranks #294 out of 514 companies for Cyclically Adjusted PS Ratio. This places Ec Excel Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Ec Excel Holdings Bhd's value of 0.57 is 26.7% above this benchmark. Historically, Ec Excel Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.32 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.45, Ec Excel 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Ec Excel Holdings Bhd's current Cyclically Adjusted PS Ratio of 0.57 is 26.7% 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 Ec Excel Holdings Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ec Excel Holdings Bhd's current Cyclically Adjusted PS Ratio is 0.57, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ec Excel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd (XKLS:5192) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.68, compared to a current price of RM0.83 — trading 22.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.57, which is near median its 10-year median of 0.62 and 26.7% above the Steel industry median of 0.45. Ec Excel Holdings Bhd's overall GF Score™ is 42/100 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 Ec Excel Holdings Bhd (XKLS:5192), the current Cyclically Adjusted PS Ratio is 0.57 as of Jul. 21, 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 Ec Excel Holdings Bhd (XKLS:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Ec Excel Holdings Bhd stock appears to be overvalued. The current stock price of RM0.83 is trading 22.1% above its estimated GF Value™ of RM0.68. GuruFocus considers Ec Excel Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5192:

  • Cyclically Adjusted PS Ratio: 0.57 (near median its 10-year median of 0.62)
  • GF Value™: RM0.68 vs. price of RM0.83 (22.1% above fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 26.7% above the Steel median (#294 of 514)

No single metric tells the full story. See the XKLS:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ec Excel Holdings Bhd Business Description

Address Jalan 7/5, Lot 3707, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
Ec Excel Holdings Bhd, formerly known as K. Seng Seng Corp Bhd, is an investment holding company. The company operates through the segments of Stainless steel and metal-related products, Marine hardware and consumables, Engineering and Project works, Other industrial hardware, and Investment holding. The key revenue is derived from the Stainless Steel and metal-related products segment, which involves the manufacture and sales of stainless steel tubes and pipes, and the processing of stainless steel sheet products. The group has a business presence in Malaysia; Republic of Singapore; Republic of Singapore; Australia; Republic of Indonesia; and Brunei, of which it generates maximum revenue from Malaysia.
42GF Score

Get the complete analysis for XKLS:5192

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

RM0.83
Price
RM0.68
GF Value