Petronas Gas Bhd (XKLS:6033) Cyclically Adjusted PS Ratio: 4.93 (As of Sep. 15, 2026) — 17% Below Median

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XKLS:6033 Petronas Gas Bhd XKLS:6033
85 GF Score
Price RM17.20
GF Value RM17.62
Valuation Fairly Valued
! 5 Warning Signs
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What is Petronas Gas Bhd Cyclically Adjusted PS Ratio?

Petronas Gas Bhd XKLS:6033 -1.15% 85 Cyclically Adjusted PS Ratio is 4.93 as of Sep. 15, 2026, which is 17% below its 10-year median of 5.92. GuruFocus rates XKLS:6033 with a GF Score™ of 85/100 and a GF Value™ of RM17.62 (Fairly Valued). The stock has 5 warning signs investors should review. Among 713 Oil & Gas companies, Petronas Gas Bhd ranks worse than 88.64% on this metric.

As of today (2026-09-15), Petronas Gas Bhd's current share price is RM17.20. Petronas Gas Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was RM3.49. Petronas Gas Bhd's Cyclically Adjusted PS Ratio for today is 4.93.

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

XKLS:6033' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.86   Med: 5.92   Max: 8.84
Current: 4.95

During the past years, Petronas Gas Bhd's highest Cyclically Adjusted PS Ratio was 8.84. The lowest was 4.86. And the median was 5.92.

XKLS:6033's Cyclically Adjusted PS Ratio is ranked worse than
88.64% of 713 companies
in the Oil & Gas industry
Industry Median: 1.07 vs XKLS:6033: 4.95

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.

Petronas Gas Bhd's adjusted revenue per share data for the three months ended in Jun. 2026 was RM0.759. 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 RM3.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petronas Gas Bhd  (XKLS:6033) 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.


Petronas Gas Bhd Cyclically Adjusted PS Ratio Related Terms


Petronas Gas Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Petronas Gas 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.

Petronas Gas Bhd Cyclically Adjusted PS Ratio Chart

Petronas Gas 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 6.62 5.76 5.54 5.42 5.39

Petronas Gas 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 5.24 5.46 5.36 5.21 5.01

XKLS:6033 vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Integrated subindustry, Petronas Gas 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.


Petronas Gas Bhd Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:6033
85GF Score
Petronas Gas Bhd XKLS:6033
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petronas Gas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.20/3.49
=4.93

* 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.

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

For example, Petronas Gas 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)
=0.759/333.9520*333.9520
=0.759

Current CPI (Jun. 2026) = 333.9520.

Petronas Gas Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.585 241.428 0.809
201612 0.583 241.432 0.806
201703 0.591 243.801 0.810
201706 0.593 244.955 0.808
201709 0.588 246.819 0.796
201712 0.659 246.524 0.893
201803 0.683 249.554 0.914
201806 0.686 251.989 0.909
201809 0.708 252.439 0.937
201812 0.701 251.233 0.932
201903 0.691 254.202 0.908
201906 0.698 256.143 0.910
201909 0.676 256.759 0.879
201912 0.694 256.974 0.902
202003 0.706 258.115 0.913
202006 0.707 257.797 0.916
202009 0.711 260.280 0.912
202012 0.702 260.474 0.900
202103 0.677 264.877 0.854
202106 0.699 271.696 0.859
202109 0.722 274.310 0.879
202112 0.756 278.802 0.906
202203 0.737 287.504 0.856
202206 0.760 296.311 0.857
202209 0.791 296.808 0.890
202212 0.825 296.797 0.928
202303 0.846 301.836 0.936
202306 0.827 305.109 0.905
202309 0.783 307.789 0.850
202312 0.800 306.746 0.871
202403 0.818 312.332 0.875
202406 0.833 314.175 0.885
202409 0.837 315.301 0.887
202412 0.816 315.605 0.863
202503 0.806 319.799 0.842
202506 0.804 322.561 0.832
202509 0.818 324.800 0.841
202512 0.794 324.054 0.818
202603 0.801 330.213 0.810
202606 0.759 333.952 0.759

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 4.93 mean?
Petronas Gas Bhd (XKLS:6033) has a Cyclically Adjusted PS Ratio of 4.93 as of Sep. 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 Petronas Gas Bhd and its competitors. This is 17% below median its historical median of 5.92. Over the past decade, Petronas Gas Bhd's Cyclically Adjusted PS Ratio has ranged from 4.86 to 8.84. According to the industry distribution chart, Petronas Gas Bhd ranks #632 out of 713 companies in the Oil & Gas industry, placing it in the top 88.6%.
Is Petronas Gas Bhd's Cyclically Adjusted PS Ratio too high?
Petronas Gas Bhd's current Cyclically Adjusted PS Ratio of 4.93 is 17% below median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 4.86 to a high of 8.84. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. Petronas Gas Bhd's value of 4.93 is 360.7% above this industry median. Based on the distribution chart, Petronas Gas Bhd ranks #632 out of 713 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Petronas Gas Bhd has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Cyclically Adjusted PS Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petronas Gas Bhd ranks #632 out of 713 companies for Cyclically Adjusted PS Ratio. This places Petronas Gas Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. Petronas Gas Bhd's value of 4.93 is 360.7% above this benchmark. Historically, Petronas Gas Bhd's own Cyclically Adjusted PS Ratio has ranged from 4.86 to 8.84 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 1.07, Petronas Gas 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.07, based on 713 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. Petronas Gas Bhd's current Cyclically Adjusted PS Ratio of 4.93 is 360.7% 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 Petronas Gas Bhd and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronas Gas Bhd's current Cyclically Adjusted PS Ratio is 4.93, which is 17% below median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (XKLS:6033) is currently considered Fairly Valued. The stock's GF Value™ is RM17.62, compared to a current price of RM17.20 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.93, which is 17% below median its 10-year median of 5.92 and 360.7% above the Oil & Gas industry median of 1.07. Petronas Gas Bhd's overall GF Score™ is 85/100 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 Petronas Gas Bhd (XKLS:6033), the current Cyclically Adjusted PS Ratio is 4.93 as of Sep. 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 Petronas Gas Bhd (XKLS:6033) Overvalued in 2026?

Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued. The current stock price of RM17.20 is trading 2.4% below its estimated GF Value™ of RM17.62. GuruFocus considers Petronas Gas Bhd to be Fairly Valued.

Key valuation signals for XKLS:6033:

  • Cyclically Adjusted PS Ratio: 4.93 (17% below median its 10-year median of 5.92)
  • GF Value™: RM17.62 vs. price of RM17.20 (2.4% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 360.7% above the Oil & Gas median (#632 of 713)

No single metric tells the full story. See the XKLS:6033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petronas Gas Bhd Business Description

Industry EnergyOil & Gas
Other Exchanges PNAGF:USA
Address PETRONAS Twin Towers, Level 49 & 50, Tower 1, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
85GF Score

Get the complete analysis for XKLS:6033

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

RM17.20
Price
RM17.62
GF Value