Kenanga Investment Bank Bhd (XKLS:6483) Cyclically Adjusted PS Ratio: 1.07 (As of Jul. 19, 2026) — 30% Below Median

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XKLS:6483 Kenanga Investment Bank Bhd XKLS:6483
41 GF Score
Price RM0.71
GF Value RM0.92
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kenanga Investment Bank Bhd Cyclically Adjusted PS Ratio?

Kenanga Investment Bank Bhd XKLS:6483 -0.70% 41 Cyclically Adjusted PS Ratio is 1.07 as of Jul. 19, 2026, which is 30% below its 10-year median of 1.53. GuruFocus rates XKLS:6483 with a GF Score™ of 41/100 and a GF Value™ of RM0.92 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 606 Capital Markets companies, Kenanga Investment Bank Bhd ranks better than 77.56% on this metric.

As of today (2026-07-19), Kenanga Investment Bank Bhd's current share price is RM0.705. Kenanga Investment Bank Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.66. Kenanga Investment Bank Bhd's Cyclically Adjusted PS Ratio for today is 1.07.

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

XKLS:6483' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.53   Max: 3.71
Current: 1.06

During the past years, Kenanga Investment Bank Bhd's highest Cyclically Adjusted PS Ratio was 3.71. The lowest was 1.04. And the median was 1.53.

XKLS:6483's Cyclically Adjusted PS Ratio is ranked better than
77.56% of 606 companies
in the Capital Markets industry
Industry Median: 3.32 vs XKLS:6483: 1.06

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.

Kenanga Investment Bank Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.148. 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 RM0.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kenanga Investment Bank Bhd  (XKLS:6483) 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.


Kenanga Investment Bank Bhd Cyclically Adjusted PS Ratio Related Terms


Kenanga Investment Bank Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kenanga Investment Bank 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.

Kenanga Investment Bank Bhd Cyclically Adjusted PS Ratio Chart

Kenanga Investment Bank 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 2.15 1.56 1.52 1.50 1.31

Kenanga Investment Bank 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 1.74 1.39 1.32 1.31 1.31

XKLS:6483 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Kenanga Investment Bank 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.


Kenanga Investment Bank Bhd Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kenanga Investment Bank Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:6483
41GF Score
Kenanga Investment Bank Bhd XKLS:6483
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenanga Investment Bank 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.

Kenanga Investment Bank Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.705/0.66
=1.07

* 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.

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

For example, Kenanga Investment Bank 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)
=0.148/330.2130*330.2130
=0.148

Current CPI (Mar. 2026) = 330.2130.

Kenanga Investment Bank Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.096 241.018 0.132
201609 0.107 241.428 0.146
201612 0.101 241.432 0.138
201703 0.106 243.801 0.144
201706 0.116 244.955 0.156
201709 0.102 246.819 0.136
201712 0.129 246.524 0.173
201803 0.113 249.554 0.150
201806 0.098 251.989 0.128
201809 0.110 252.439 0.144
201812 0.128 251.233 0.168
201903 0.107 254.202 0.139
201906 0.120 256.143 0.155
201909 0.117 256.759 0.150
201912 0.120 256.974 0.154
202003 0.110 258.115 0.141
202006 0.144 257.797 0.184
202009 0.228 260.280 0.289
202012 0.198 260.474 0.251
202103 0.179 264.877 0.223
202106 0.161 271.696 0.196
202109 0.161 274.310 0.194
202112 0.003 278.802 0.004
202203 0.139 287.504 0.160
202206 0.145 296.311 0.162
202209 0.143 296.808 0.159
202212 0.103 296.797 0.115
202303 0.131 301.836 0.143
202306 0.149 305.109 0.161
202309 0.174 307.789 0.187
202312 0.195 306.746 0.210
202403 0.148 312.332 0.156
202406 0.171 314.175 0.180
202409 0.167 315.301 0.175
202412 0.307 315.605 0.321
202503 0.153 319.799 0.158
202506 0.151 322.561 0.155
202509 0.160 324.800 0.163
202512 0.199 324.054 0.203
202603 0.148 330.213 0.148

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 1.07 mean?
Kenanga Investment Bank Bhd (XKLS:6483) has a Cyclically Adjusted PS Ratio of 1.07 as of Jul. 19, 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 Kenanga Investment Bank Bhd and its competitors. This is 30% below median its historical median of 1.53. Over the past decade, Kenanga Investment Bank Bhd's Cyclically Adjusted PS Ratio has ranged from 1.04 to 3.71. According to the industry distribution chart, Kenanga Investment Bank Bhd ranks #136 out of 606 companies in the Capital Markets industry, placing it in the top 22.4%.
Is Kenanga Investment Bank Bhd's Cyclically Adjusted PS Ratio too high?
Kenanga Investment Bank Bhd's current Cyclically Adjusted PS Ratio of 1.07 is 30% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 3.71. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.32. Kenanga Investment Bank Bhd's value of 1.07 is 67.8% below this industry median. Based on the distribution chart, Kenanga Investment Bank Bhd ranks #136 out of 606 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Kenanga Investment Bank Bhd has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kenanga Investment Bank Bhd's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Kenanga Investment Bank Bhd ranks #136 out of 606 companies for Cyclically Adjusted PS Ratio. This places Kenanga Investment Bank Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.32. Kenanga Investment Bank Bhd's value of 1.07 is 67.8% below this benchmark. Historically, Kenanga Investment Bank Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.04 to 3.71 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 3.32, Kenanga Investment Bank 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.32, based on 606 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. Kenanga Investment Bank Bhd's current Cyclically Adjusted PS Ratio of 1.07 is 67.8% 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 Kenanga Investment Bank Bhd and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenanga Investment Bank Bhd's current Cyclically Adjusted PS Ratio is 1.07, which is 30% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenanga Investment Bank Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kenanga Investment Bank Bhd (XKLS:6483) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.92, compared to a current price of RM0.71 — trading 23.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.07, which is 30% below median its 10-year median of 1.53 and 67.8% below the Capital Markets industry median of 3.32. Kenanga Investment Bank Bhd's overall GF Score™ is 41/100 with 3 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 Kenanga Investment Bank Bhd (XKLS:6483), the current Cyclically Adjusted PS Ratio is 1.07 as of Jul. 19, 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 Kenanga Investment Bank Bhd (XKLS:6483) Overvalued in 2026?

Based on GuruFocus' analysis, Kenanga Investment Bank Bhd stock appears to be undervalued. The current stock price of RM0.71 is trading 23.4% below its estimated GF Value™ of RM0.92. GuruFocus considers Kenanga Investment Bank Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6483:

  • Cyclically Adjusted PS Ratio: 1.07 (30% below median its 10-year median of 1.53)
  • GF Value™: RM0.92 vs. price of RM0.71 (23.4% below fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 67.8% below the Capital Markets median (#136 of 606)

No single metric tells the full story. See the XKLS:6483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kenanga Investment Bank Bhd Business Description

Address 237, Jalan Tun Razak, Level 17, Kenanga Tower, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400
Kenanga Investment Bank Bhd is a Malaysia based independent investment bank. It offers the provision of nominee services, private equity, promotion and management of collective investment schemes and management of investment funds. The company has five operating divisions: Investment banking; Stockbroking dealings in securities and investment related services; Listed derivatives is into Futures broking business; Asset and wealth management including management of funds and unit trusts, Corporate and others. It derives its key revenues from Stock broking Dealings.
41GF Score

Get the complete analysis for XKLS:6483

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

RM0.71
Price
RM0.92
GF Value