Axiata Group Bhd (XKLS:6888) Cyclically Adjusted PS Ratio: 0.73 (As of Jul. 27, 2026) — 26% Below Median

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XKLS:6888 Axiata Group Bhd XKLS:6888
63 GF Score
Price RM1.98
GF Value RM1.81
Valuation Fairly Valued
! 6 Warning Signs
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What is Axiata Group Bhd Cyclically Adjusted PS Ratio?

Axiata Group Bhd XKLS:6888 +2.06% 63 Cyclically Adjusted PS Ratio is 0.73 as of Jul. 27, 2026, which is 26% below its 10-year median of 0.99. GuruFocus rates XKLS:6888 with a GF Score™ of 63/100 and a GF Value™ of RM1.81 (Fairly Valued). The stock has 6 warning signs investors should review. Among 302 Telecommunication Services companies, Axiata Group Bhd ranks better than 67.22% on this metric.

As of today (2026-07-27), Axiata Group Bhd's current share price is RM1.98. Axiata Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM2.71. Axiata Group Bhd's Cyclically Adjusted PS Ratio for today is 0.73.

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

XKLS:6888' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.99   Max: 1.83
Current: 0.71

During the past years, Axiata Group Bhd's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 0.61. And the median was 0.99.

XKLS:6888's Cyclically Adjusted PS Ratio is ranked better than
67.22% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.185 vs XKLS:6888: 0.71

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.

Axiata Group Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.304. 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 RM2.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axiata Group Bhd  (XKLS:6888) 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.


Axiata Group Bhd Cyclically Adjusted PS Ratio Related Terms


Axiata Group Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Axiata Group 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.

Axiata Group Bhd Cyclically Adjusted PS Ratio Chart

Axiata Group 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 1.54 1.10 0.83 0.88 0.93

Axiata Group 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 0.64 0.83 0.97 0.93 0.81

XKLS:6888 vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Axiata Group 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.


Axiata Group Bhd Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Axiata Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:6888
63GF Score
Axiata Group Bhd XKLS:6888
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axiata Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.98/2.71
=0.73

* 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.

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

For example, Axiata Group 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)
=0.304/330.2130*330.2130
=0.304

Current CPI (Mar. 2026) = 330.2130.

Axiata Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.600 241.018 0.822
201609 0.610 241.428 0.834
201612 0.645 241.432 0.882
201703 0.653 243.801 0.884
201706 0.673 244.955 0.907
201709 0.687 246.819 0.919
201712 0.691 246.524 0.926
201803 0.633 249.554 0.838
201806 0.646 251.989 0.847
201809 0.660 252.439 0.863
201812 0.689 251.233 0.906
201903 0.654 254.202 0.850
201906 0.675 256.143 0.870
201909 0.680 256.759 0.875
201912 0.685 256.974 0.880
202003 0.658 258.115 0.842
202006 0.631 257.797 0.808
202009 0.666 260.280 0.845
202012 0.682 260.474 0.865
202103 0.661 264.877 0.824
202106 0.696 271.696 0.846
202109 0.713 274.310 0.858
202112 0.109 278.802 0.129
202203 0.543 287.504 0.624
202206 0.566 296.311 0.631
202209 0.790 296.808 0.879
202212 -0.045 296.797 -0.050
202303 0.544 301.836 0.595
202306 0.609 305.109 0.659
202309 0.612 307.789 0.657
202312 0.641 306.746 0.690
202403 0.625 312.332 0.661
202406 0.361 314.175 0.379
202409 0.333 315.301 0.349
202412 0.323 315.605 0.338
202503 0.315 319.799 0.325
202506 0.323 322.561 0.331
202509 0.317 324.800 0.322
202512 0.324 324.054 0.330
202603 0.304 330.213 0.304

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 0.73 mean?
Axiata Group Bhd (XKLS:6888) has a Cyclically Adjusted PS Ratio of 0.73 as of Jul. 27, 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 Axiata Group Bhd and its competitors. This is 26% below median its historical median of 0.99. Over the past decade, Axiata Group Bhd's Cyclically Adjusted PS Ratio has ranged from 0.61 to 1.83. According to the industry distribution chart, Axiata Group Bhd ranks #99 out of 302 companies in the Telecommunication Services industry, placing it in the top 32.8%.
Is Axiata Group Bhd's Cyclically Adjusted PS Ratio too high?
Axiata Group Bhd's current Cyclically Adjusted PS Ratio of 0.73 is 26% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.83. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.19. Axiata Group Bhd's value of 0.73 is 38.4% below this industry median. Based on the distribution chart, Axiata Group Bhd ranks #99 out of 302 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Axiata Group Bhd has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axiata Group Bhd's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Axiata Group Bhd ranks #99 out of 302 companies for Cyclically Adjusted PS Ratio. This puts Axiata Group Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.19. Axiata Group Bhd's value of 0.73 is 38.4% below this benchmark. Historically, Axiata Group Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 1.83 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.19, Axiata Group 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.19, based on 302 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. Axiata Group Bhd's current Cyclically Adjusted PS Ratio of 0.73 is 38.4% 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 Axiata Group Bhd and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axiata Group Bhd's current Cyclically Adjusted PS Ratio is 0.73, which is 26% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axiata Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Axiata Group Bhd (XKLS:6888) is currently considered Fairly Valued. The stock's GF Value™ is RM1.81, compared to a current price of RM1.98 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 26% below median its 10-year median of 0.99 and 38.4% below the Telecommunication Services industry median of 1.19. Axiata Group Bhd's overall GF Score™ is 63/100 with 6 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 Axiata Group Bhd (XKLS:6888), the current Cyclically Adjusted PS Ratio is 0.73 as of Jul. 27, 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 Axiata Group Bhd (XKLS:6888) Overvalued in 2026?

Based on GuruFocus' analysis, Axiata Group Bhd stock appears to be overvalued. The current stock price of RM1.98 is trading 9.4% above its estimated GF Value™ of RM1.81. GuruFocus considers Axiata Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:6888:

  • Cyclically Adjusted PS Ratio: 0.73 (26% below median its 10-year median of 0.99)
  • GF Value™: RM1.81 vs. price of RM1.98 (9.4% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 38.4% below the Telecommunication Services median (#99 of 302)

No single metric tells the full story. See the XKLS:6888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axiata Group Bhd Business Description

Other Exchanges AXXTF:USA
Address 9 Jalan Stesen Sentral 5, Level 30, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470
Axiata Group Bhd is a telecommunications company. The business segment of the company is the Digital telco/Mobile segment, which includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services, digital business, and others; the Digital segment is engaged in the multimedia advertising, creative content, e-commerce enablement; Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services; and Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission.
63GF Score

Get the complete analysis for XKLS:6888

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

RM1.98
Price
RM1.81
GF Value