Gamuda Bhd (XKLS:5398) Cyclically Adjusted PS Ratio: 2.79 (As of Jul. 24, 2026) — Near Median

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XKLS:5398 Gamuda Bhd XKLS:5398
84 GF Score
Price RM4.30
GF Value RM4.89
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Gamuda Bhd Cyclically Adjusted PS Ratio?

Gamuda Bhd XKLS:5398 -0.92% 84 Cyclically Adjusted PS Ratio is 2.79 as of Jul. 24, 2026, which is 8% above its 10-year median of 2.59. GuruFocus rates XKLS:5398 with a GF Score™ of 84/100 and a GF Value™ of RM4.89 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,358 Construction companies, Gamuda Bhd ranks worse than 85.64% on this metric.

As of today (2026-07-24), Gamuda Bhd's current share price is RM4.30. Gamuda Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was RM1.54. Gamuda Bhd's Cyclically Adjusted PS Ratio for today is 2.79.

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

XKLS:5398' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.59   Max: 4.35
Current: 2.82

During the past years, Gamuda Bhd's highest Cyclically Adjusted PS Ratio was 4.35. The lowest was 1.85. And the median was 2.59.

XKLS:5398's Cyclically Adjusted PS Ratio is ranked worse than
85.64% of 1358 companies
in the Construction industry
Industry Median: 0.7 vs XKLS:5398: 2.82

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.

Gamuda Bhd's adjusted revenue per share data for the three months ended in Apr. 2026 was RM0.733. 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 RM1.54 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gamuda Bhd  (XKLS:5398) 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.


Gamuda Bhd Cyclically Adjusted PS Ratio Related Terms


Gamuda Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gamuda 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.

Gamuda Bhd Cyclically Adjusted PS Ratio Chart

Gamuda Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 2.40 2.41 3.59 3.89

Gamuda Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.37 3.89 3.63 3.06 2.87

XKLS:5398 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Gamuda 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.


Gamuda Bhd Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Gamuda Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5398
84GF Score
Gamuda Bhd XKLS:5398
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gamuda 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.30/1.54
=2.79

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.733/333.0200*333.0200
=0.733

Current CPI (Apr. 2026) = 333.0200.

Gamuda Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.123 240.628 0.170
201610 0.101 241.729 0.139
201701 0.170 242.839 0.233
201704 0.166 244.524 0.226
201707 0.198 244.786 0.269
201710 0.150 246.663 0.203
201801 0.197 247.867 0.265
201804 0.242 250.546 0.322
201807 0.245 252.006 0.324
201810 0.183 252.885 0.241
201901 0.228 251.712 0.302
201904 0.210 255.548 0.274
201907 0.303 256.571 0.393
201910 0.221 257.346 0.286
202001 0.220 257.971 0.284
202004 0.109 256.389 0.142
202007 0.186 259.101 0.239
202010 0.151 260.388 0.193
202101 0.178 261.582 0.227
202104 0.193 267.054 0.241
202107 0.127 273.003 0.155
202110 0.137 276.589 0.165
202201 0.243 281.148 0.288
202204 0.222 289.109 0.256
202207 0.357 296.276 0.401
202210 0.248 298.012 0.277
202301 0.271 299.170 0.302
202304 0.378 303.363 0.415
202307 0.630 305.691 0.686
202310 0.508 307.671 0.550
202401 0.597 308.417 0.645
202404 0.437 313.548 0.464
202407 0.823 314.540 0.871
202410 0.711 315.664 0.750
202501 0.667 317.671 0.699
202504 0.523 320.795 0.543
202507 0.815 323.048 0.840
202510 0.637 0.000
202601 0.716 325.252 0.733
202604 0.733 333.020 0.733

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 2.79 mean?
Gamuda Bhd (XKLS:5398) has a Cyclically Adjusted PS Ratio of 2.79 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 Gamuda Bhd and its competitors. This is near median its historical median of 2.59. Over the past decade, Gamuda Bhd's Cyclically Adjusted PS Ratio has ranged from 1.85 to 4.35. According to the industry distribution chart, Gamuda Bhd ranks #1163 out of 1358 companies in the Construction industry, placing it in the top 85.6%.
Is Gamuda Bhd's Cyclically Adjusted PS Ratio too high?
Gamuda Bhd's current Cyclically Adjusted PS Ratio of 2.79 is near median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 4.35. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Gamuda Bhd's value of 2.79 is 298.6% above this industry median. Based on the distribution chart, Gamuda Bhd ranks #1163 out of 1358 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Gamuda Bhd has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gamuda Bhd's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Gamuda Bhd ranks #1163 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Gamuda Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Gamuda Bhd's value of 2.79 is 298.6% above this benchmark. Historically, Gamuda Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.85 to 4.35 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 0.70, Gamuda 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,358 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. Gamuda Bhd's current Cyclically Adjusted PS Ratio of 2.79 is 298.6% 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 Gamuda Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gamuda Bhd's current Cyclically Adjusted PS Ratio is 2.79, which is near median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gamuda Bhd stock overvalued right now?
Based on GuruFocus' analysis, Gamuda Bhd (XKLS:5398) is currently considered Modestly Undervalued. The stock's GF Value™ is RM4.89, compared to a current price of RM4.30 — trading 12.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.79, which is near median its 10-year median of 2.59 and 298.6% above the Construction industry median of 0.70. Gamuda Bhd's overall GF Score™ is 84/100 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 Gamuda Bhd (XKLS:5398), the current Cyclically Adjusted PS Ratio is 2.79 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 Gamuda Bhd (XKLS:5398) Overvalued in 2026?

Based on GuruFocus' analysis, Gamuda Bhd stock appears to be undervalued. The current stock price of RM4.30 is trading 12.1% below its estimated GF Value™ of RM4.89. GuruFocus considers Gamuda Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5398:

  • Cyclically Adjusted PS Ratio: 2.79 (near median its 10-year median of 2.59)
  • GF Value™: RM4.89 vs. price of RM4.30 (12.1% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 298.6% above the Construction median (#1163 of 1358)

No single metric tells the full story. See the XKLS:5398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gamuda Bhd Business Description

Address No. 8, Jalan PJU8/8A, Menara Gamuda, D-16-01, Block D, PJ Trade Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
Gamuda Bhd is principally into investment holding and civil engineering construction. The company's business activities include: Engineering and Construction, Property Development, Renewable Energy, and Technology and Digitalisation. Its reportable segments are: (i) Engineering and construction-the construction of highways and bridges, airfield facilities, railway, tunnel, water treatment plants, dams, general and trading services related to construction activities and the management of water supply; and (ii) Property development and club operations - the development of residential and commercial properties and club operations. The majority of the revenue is generated from the Engineering and Construction segment.
84GF Score

Get the complete analysis for XKLS:5398

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

RM4.30
Price
RM4.89
GF Value