Leon Fuat Bhd (XKLS:5232) Cyclically Adjusted PS Ratio: 0.13 (As of Jul. 15, 2026) — 38% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:5232 Leon Fuat Bhd XKLS:5232
42 GF Score
Price RM0.36
GF Value RM0.46
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Leon Fuat Bhd Cyclically Adjusted PS Ratio?

Leon Fuat Bhd XKLS:5232 42 Cyclically Adjusted PS Ratio is 0.13 as of Jul. 15, 2026, which is 38% below its 10-year median of 0.21. GuruFocus rates XKLS:5232 with a GF Score™ of 42/100 and a GF Value™ of RM0.46 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 514 Steel companies, Leon Fuat Bhd ranks better than 87.55% on this metric.

As of today (2026-07-15), Leon Fuat Bhd's current share price is RM0.36. Leon Fuat Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM2.74. Leon Fuat Bhd's Cyclically Adjusted PS Ratio for today is 0.13.

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

XKLS:5232' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.21   Max: 0.26
Current: 0.13

During the past years, Leon Fuat Bhd's highest Cyclically Adjusted PS Ratio was 0.26. The lowest was 0.13. And the median was 0.21.

XKLS:5232's Cyclically Adjusted PS Ratio is ranked better than
87.55% of 514 companies
in the Steel industry
Industry Median: 0.455 vs XKLS:5232: 0.13

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.

Leon Fuat Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.630. 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 RM2.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leon Fuat Bhd  (XKLS:5232) 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.


Leon Fuat Bhd Cyclically Adjusted PS Ratio Related Terms


Leon Fuat Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Leon Fuat 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.

Leon Fuat Bhd Cyclically Adjusted PS Ratio Chart

Leon Fuat 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 0.00 0.22 0.22 0.18 0.14

Leon Fuat 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 0.16 0.14 0.14 0.14 0.14

XKLS:5232 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Leon Fuat 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.


Leon Fuat Bhd Cyclically Adjusted PS Ratio vs Steel Industry

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

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


XKLS:5232
42GF Score
Leon Fuat Bhd XKLS:5232
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leon Fuat 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.36/2.74
=0.13

* 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.

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

For example, Leon Fuat 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)
=0.63/330.2130*330.2130
=0.630

Current CPI (Mar. 2026) = 330.2130.

Leon Fuat Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.394 241.018 0.540
201609 0.372 241.428 0.509
201612 0.432 241.432 0.591
201703 0.447 243.801 0.605
201706 0.371 244.955 0.500
201709 0.574 246.819 0.768
201712 0.470 246.524 0.630
201803 0.461 249.554 0.610
201806 0.466 251.989 0.611
201809 0.501 252.439 0.655
201812 0.500 251.233 0.657
201903 0.466 254.202 0.605
201906 0.548 256.143 0.706
201909 0.462 256.759 0.594
201912 0.483 256.974 0.621
202003 0.387 258.115 0.495
202006 0.344 257.797 0.441
202009 0.528 260.280 0.670
202012 0.642 260.474 0.814
202103 0.682 264.877 0.850
202106 0.562 271.696 0.683
202109 0.692 274.310 0.833
202112 0.745 278.802 0.882
202203 0.801 287.504 0.920
202206 0.736 296.311 0.820
202209 0.771 296.808 0.858
202212 0.698 296.797 0.777
202303 0.685 301.836 0.749
202306 0.638 305.109 0.690
202309 0.693 307.789 0.743
202312 0.705 306.746 0.759
202403 0.661 312.332 0.699
202406 0.666 314.175 0.700
202409 0.676 315.301 0.708
202412 0.722 315.605 0.755
202503 0.623 319.799 0.643
202506 0.671 322.561 0.687
202509 0.728 324.800 0.740
202512 0.639 324.054 0.651
202603 0.630 330.213 0.630

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 0.13 mean?
Leon Fuat Bhd (XKLS:5232) has a Cyclically Adjusted PS Ratio of 0.13 as of Jul. 15, 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 Leon Fuat Bhd and its competitors. This is 38% below median its historical median of 0.21. Over the past decade, Leon Fuat Bhd's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.26. According to the industry distribution chart, Leon Fuat Bhd ranks #64 out of 514 companies in the Steel industry, placing it in the top 12.5%.
Is Leon Fuat Bhd's Cyclically Adjusted PS Ratio too high?
Leon Fuat Bhd's current Cyclically Adjusted PS Ratio of 0.13 is 38% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.26. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Leon Fuat Bhd's value of 0.13 is 71.4% below this industry median. Based on the distribution chart, Leon Fuat Bhd ranks #64 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Leon Fuat Bhd has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leon Fuat Bhd's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Leon Fuat Bhd ranks #64 out of 514 companies for Cyclically Adjusted PS Ratio. This places Leon Fuat Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.46. Leon Fuat Bhd's value of 0.13 is 71.4% below this benchmark. Historically, Leon Fuat Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.26 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.46, Leon Fuat 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, 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. Leon Fuat Bhd's current Cyclically Adjusted PS Ratio of 0.13 is 71.4% 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 Leon Fuat Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leon Fuat Bhd's current Cyclically Adjusted PS Ratio is 0.13, which is 38% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leon Fuat Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leon Fuat Bhd (XKLS:5232) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.46, compared to a current price of RM0.36 — trading 21.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.13, which is 38% below median its 10-year median of 0.21 and 71.4% below the Steel industry median of 0.46. Leon Fuat Bhd's overall GF Score™ is 42/100 with 9 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 Leon Fuat Bhd (XKLS:5232), the current Cyclically Adjusted PS Ratio is 0.13 as of Jul. 15, 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 Leon Fuat Bhd (XKLS:5232) Overvalued in 2026?

Based on GuruFocus' analysis, Leon Fuat Bhd stock appears to be undervalued. The current stock price of RM0.36 is trading 21.7% below its estimated GF Value™ of RM0.46. GuruFocus considers Leon Fuat Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5232:

  • Cyclically Adjusted PS Ratio: 0.13 (38% below median its 10-year median of 0.21)
  • GF Value™: RM0.46 vs. price of RM0.36 (21.7% below fair value)
  • GF Score™: 42/100 with 9 warning signs
  • Industry Position: 71.4% below the Steel median (#64 of 514)

No single metric tells the full story. See the XKLS:5232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leon Fuat Bhd Business Description

Address Kawasan Perindustrian, No. 11, Lorong Keluli 1B, Bukit Raja Selatan, Seksyen 7, Shah Alam, SGR, MYS, 40000
Leon Fuat Bhd is engaged in cutting, levelling, shearing, profiling, bending, and finishing, along with the production of expanded metal, perforated metal, and welded steel pipes. The company operates in three reportable segments: Trading of steel products, which includes trading of flat carbon steel products, other flat steel products, long carbon steel products, and other long steel products; Processing and/or manufacturing of steel products, which includes processing of flat carbon steel products, other flat steel products, long carbon steel products, and other long steel products; and Others. The majority of its revenue is generated from the processing and/or manufacturing of steel products. Revenue is derived from Malaysia.
42GF Score

Get the complete analysis for XKLS:5232

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

RM0.36
Price
RM0.46
GF Value