Tropicana Bhd (XKLS:5401) Cyclically Adjusted PS Ratio: 1.48 (As of Jul. 23, 2026) — 11% Above Median

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XKLS:5401 Tropicana Corp Bhd XKLS:5401
57 GF Score
Price RM1.23
GF Value RM1.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tropicana Bhd Cyclically Adjusted PS Ratio?

Tropicana Bhd XKLS:5401 -0.81% 57 Cyclically Adjusted PS Ratio is 1.48 as of Jul. 23, 2026, which is 11% above its 10-year median of 1.33. GuruFocus rates XKLS:5401 with a GF Score™ of 57/100 and a GF Value™ of RM1.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,359 Real Estate companies, Tropicana Bhd ranks better than 55.7% on this metric.

As of today (2026-07-23), Tropicana Bhd's current share price is RM1.23. Tropicana Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.83. Tropicana Bhd's Cyclically Adjusted PS Ratio for today is 1.48.

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

XKLS:5401' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.33   Max: 1.82
Current: 1.48

During the past years, Tropicana Bhd's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.79. And the median was 1.33.

XKLS:5401's Cyclically Adjusted PS Ratio is ranked better than
55.7% of 1359 companies
in the Real Estate industry
Industry Median: 1.83 vs XKLS:5401: 1.48

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.

Tropicana Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.126. 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 RM0.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tropicana Bhd  (XKLS:5401) 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.


Tropicana Bhd Cyclically Adjusted PS Ratio Related Terms


Tropicana Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tropicana 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.

Tropicana Bhd Cyclically Adjusted PS Ratio Chart

Tropicana 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 1.11 1.34 1.41 1.51 1.48

Tropicana 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 1.35 1.38 1.42 1.48 1.47

Tropicana Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Tropicana 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.


Tropicana Bhd Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tropicana Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5401
57GF Score
Tropicana Corp Bhd XKLS:5401
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tropicana 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.23/0.83
=1.48

* 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.

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

For example, Tropicana 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)
=0.126/330.2130*330.2130
=0.126

Current CPI (Mar. 2026) = 330.2130.

Tropicana Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.226 241.018 0.310
201609 0.228 241.428 0.312
201612 0.294 241.432 0.402
201703 0.239 243.801 0.324
201706 0.280 244.955 0.377
201709 0.291 246.819 0.389
201712 0.346 246.524 0.463
201803 0.288 249.554 0.381
201806 0.179 251.989 0.235
201809 0.196 252.439 0.256
201812 0.380 251.233 0.499
201903 0.136 254.202 0.177
201906 0.194 256.143 0.250
201909 0.165 256.759 0.212
201912 0.200 256.974 0.257
202003 0.056 258.115 0.072
202006 0.133 257.797 0.170
202009 0.089 260.280 0.113
202012 0.172 260.474 0.218
202103 0.099 264.877 0.123
202106 0.080 271.696 0.097
202109 0.070 274.310 0.084
202112 0.111 278.802 0.131
202203 0.092 287.504 0.106
202206 0.087 296.311 0.097
202209 0.133 296.808 0.148
202212 0.077 296.797 0.086
202303 0.106 301.836 0.116
202306 0.229 305.109 0.248
202309 0.162 307.789 0.174
202312 0.167 306.746 0.180
202403 0.114 312.332 0.121
202406 0.150 314.175 0.158
202409 0.079 315.301 0.083
202412 0.207 315.605 0.217
202503 0.103 319.799 0.106
202506 0.131 322.561 0.134
202509 0.167 324.800 0.170
202512 0.190 324.054 0.194
202603 0.126 330.213 0.126

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 1.48 mean?
Tropicana Bhd (XKLS:5401) has a Cyclically Adjusted PS Ratio of 1.48 as of Jul. 23, 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 Tropicana Bhd and its competitors. This is 11% above median its historical median of 1.33. Over the past decade, Tropicana Bhd's Cyclically Adjusted PS Ratio has ranged from 0.79 to 1.82. According to the industry distribution chart, Tropicana Bhd ranks #602 out of 1359 companies in the Real Estate industry, placing it in the top 44.3%.
Is Tropicana Bhd's Cyclically Adjusted PS Ratio too high?
Tropicana Bhd's current Cyclically Adjusted PS Ratio of 1.48 is 11% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.82. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Tropicana Bhd's value of 1.48 is 19.1% below this industry median. Based on the distribution chart, Tropicana Bhd ranks #602 out of 1359 companies in the Real Estate industry, which is above the industry midpoint. Overall, Tropicana Bhd has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tropicana Bhd's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Tropicana Bhd ranks #602 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Tropicana Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Tropicana Bhd's value of 1.48 is 19.1% below this benchmark. Historically, Tropicana Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.79 to 1.82 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.83, Tropicana 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,359 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. Tropicana Bhd's current Cyclically Adjusted PS Ratio of 1.48 is 19.1% 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 Tropicana Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropicana Bhd's current Cyclically Adjusted PS Ratio is 1.48, which is 11% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropicana Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tropicana Bhd (XKLS:5401) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.41, compared to a current price of RM1.23 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 11% above median its 10-year median of 1.33 and 19.1% below the Real Estate industry median of 1.83. Tropicana Bhd's overall GF Score™ is 57/100 with 5 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 Tropicana Bhd (XKLS:5401), the current Cyclically Adjusted PS Ratio is 1.48 as of Jul. 23, 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 Tropicana Bhd (XKLS:5401) Overvalued in 2026?

Based on GuruFocus' analysis, Tropicana Bhd stock appears to be undervalued. The current stock price of RM1.23 is trading 12.8% below its estimated GF Value™ of RM1.41. GuruFocus considers Tropicana Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5401:

  • Cyclically Adjusted PS Ratio: 1.48 (11% above median its 10-year median of 1.33)
  • GF Value™: RM1.41 vs. price of RM1.23 (12.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 19.1% below the Real Estate median (#602 of 1359)

No single metric tells the full story. See the XKLS:5401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tropicana Bhd Business Description

Address No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810
Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation, and resort involved in the management and operation of hotels, resorts, golf courses, clubhouse, and investments in commercial and other properties and Investment holding and others that provide landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.
57GF Score

Get the complete analysis for XKLS:5401

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

RM1.23
Price
RM1.41
GF Value