Golden Pharos Bhd (XKLS:5649) Cyclically Adjusted PS Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5649 Golden Pharos Bhd XKLS:5649
41 GF Score
Price RM0.18
GF Value RM0.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Golden Pharos Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Pharos Bhd  (XKLS:5649) 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.


Golden Pharos Bhd Cyclically Adjusted PS Ratio Related Terms


Golden Pharos Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Golden Pharos 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.

Golden Pharos Bhd Cyclically Adjusted PS Ratio Chart

Golden Pharos 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 0.51 0.38 0.55 0.56 0.48

Golden Pharos Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.34 0.46 0.48 0.43 0.00

XKLS:5649 vs SSD, UFPI, BCC: Cyclically Adjusted PS Ratio Comparison

For the Lumber & Wood Production subindustry, Golden Pharos 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.


Golden Pharos Bhd Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Golden Pharos Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5649
41GF Score
Golden Pharos Bhd XKLS:5649
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Pharos 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.064/333.9520*333.9520
=0.064

Current CPI (Jun. 2026) = 333.9520.

Golden Pharos Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.112 241.428 0.155
201612 0.120 241.432 0.166
201703 0.063 243.801 0.086
201706 0.115 244.955 0.157
201709 0.129 246.819 0.175
201712 0.181 246.524 0.245
201803 0.118 249.554 0.158
201806 0.132 251.989 0.175
201809 0.140 252.439 0.185
201812 0.131 251.233 0.174
201903 0.116 254.202 0.152
201906 0.114 256.143 0.149
201909 0.101 256.759 0.131
201912 0.093 256.974 0.121
202003 0.043 258.115 0.056
202006 0.051 257.797 0.066
202009 0.139 260.280 0.178
202012 0.106 260.474 0.136
202103 0.087 264.877 0.110
202106 0.046 271.696 0.057
202109 0.084 274.310 0.102
202112 0.185 278.802 0.222
202203 0.059 287.504 0.069
202206 0.099 296.311 0.112
202209 0.075 296.808 0.084
202212 0.257 296.797 0.289
202303 0.059 301.836 0.065
202306 0.105 305.109 0.115
202309 0.097 307.789 0.105
202312 0.379 306.746 0.413
202403 0.057 312.332 0.061
202406 0.069 314.175 0.073
202409 0.077 315.301 0.082
202412 0.134 315.605 0.142
202503 0.058 319.799 0.061
202506 0.119 322.561 0.123
202509 0.127 324.800 0.131
202512 0.106 324.054 0.109
202603 0.062 330.213 0.063
202606 0.064 333.952 0.064

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.

Is Golden Pharos Bhd (XKLS:5649) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Pharos Bhd stock appears to be undervalued. The current stock price of RM0.18 is trading 21.7% below its estimated GF Value™ of RM0.23. GuruFocus considers Golden Pharos Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5649:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: RM0.23 vs. price of RM0.18 (21.7% below fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Pharos Bhd Business Description

Address Jalan Sultan Omar, 66-2, Taman Sri Intan, Terengganu Darul Iman, Kuala Terengganu, TRG, MYS, 20300
Golden Pharos Bhd is investment holding. The principal activities are manufacturing and trading of glass, investment holding, sawmilling, moulding, forest plantation and harvesting and sustainable forest management, and rental of buildings, plant and machinery, sales of logs and right to log, and manufacture and sale of veneer. It has three segments Harvesting, forest plantation, sawmilling, sales of logs and logging rights; Manufacturing: manufacturing and trading of glass, veneer and woodchips; and Others: including investment holding, rental of properties. It generates majority of revenue from Harvesting, forest plantation, sawmilling, sales of logs and logging rights segment. It generates majority of revenue from Malaysia. Its products are Logs, Logging rights, Sawn timbers, etc.
41GF Score

Get the complete analysis for XKLS:5649

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

RM0.18
Price
RM0.23
GF Value