V.S Industry Bhd (XKLS:6963) Cyclically Adjusted PS Ratio: 0.18 (As of Jul. 19, 2026) — 79% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:6963 V.S Industry Bhd XKLS:6963
44 GF Score
Price RM0.23
GF Value RM0.70
Valuation Possible Value Trap
! 6 Warning Signs
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What is V.S Industry Bhd Cyclically Adjusted PS Ratio?

V.S Industry Bhd XKLS:6963 -2.13% 44 Cyclically Adjusted PS Ratio is 0.18 as of Jul. 19, 2026, which is 79% below its 10-year median of 0.85. GuruFocus rates XKLS:6963 with a GF Score™ of 44/100 and a GF Value™ of RM0.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,976 Hardware companies, V.S Industry Bhd ranks better than 91.7% on this metric.

As of today (2026-07-19), V.S Industry Bhd's current share price is RM0.23. V.S Industry Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was RM1.25. V.S Industry Bhd's Cyclically Adjusted PS Ratio for today is 0.18.

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

XKLS:6963' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.85   Max: 1.81
Current: 0.18

During the past years, V.S Industry Bhd's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 0.15. And the median was 0.85.

XKLS:6963's Cyclically Adjusted PS Ratio is ranked better than
91.7% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs XKLS:6963: 0.18

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.

V.S Industry Bhd's adjusted revenue per share data for the three months ended in Apr. 2026 was RM0.209. 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 RM1.25 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


V.S Industry Bhd  (XKLS:6963) 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.


V.S Industry Bhd Cyclically Adjusted PS Ratio Related Terms


V.S Industry Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for V.S Industry 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.

V.S Industry Bhd Cyclically Adjusted PS Ratio Chart

V.S Industry Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 0.96 0.79 1.02 0.66

V.S Industry Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.65 0.66 0.41 0.34 0.17

XKLS:6963 vs APH, GLW: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, V.S Industry 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.


V.S Industry Bhd Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, V.S Industry Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:6963
44GF Score
V.S Industry Bhd XKLS:6963
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

V.S Industry 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.

V.S Industry Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.23/1.25
=0.18

* 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.

V.S Industry Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, V.S Industry Bhd's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.209/333.0200*333.0200
=0.209

Current CPI (Apr. 2026) = 333.0200.

V.S Industry Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.185 240.628 0.256
201610 0.221 241.729 0.304
201701 0.249 242.839 0.341
201704 0.275 244.524 0.375
201707 0.288 244.786 0.392
201710 0.312 246.663 0.421
201801 0.317 247.867 0.426
201804 0.247 250.546 0.328
201807 0.281 252.006 0.371
201810 0.301 252.885 0.396
201901 0.265 251.712 0.351
201904 0.243 255.548 0.317
201907 0.286 256.571 0.371
201910 0.281 257.346 0.364
202001 0.221 257.971 0.285
202004 0.136 256.389 0.177
202007 0.222 259.101 0.285
202010 0.258 260.388 0.330
202101 0.260 261.582 0.331
202104 0.278 267.054 0.347
202107 0.259 273.003 0.316
202110 0.246 276.589 0.296
202201 0.262 281.148 0.310
202204 0.241 289.109 0.278
202207 0.258 296.276 0.290
202210 0.335 298.012 0.374
202301 0.295 299.170 0.328
202304 0.257 303.363 0.282
202307 0.289 305.691 0.315
202310 0.293 307.671 0.317
202401 0.227 308.417 0.245
202404 0.264 313.548 0.280
202407 0.313 314.540 0.331
202410 0.287 315.664 0.303
202501 0.236 317.671 0.247
202504 0.237 320.795 0.246
202507 0.223 323.048 0.230
202510 0.280 0.000
202601 0.200 325.252 0.205
202604 0.209 333.020 0.209

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 0.18 mean?
V.S Industry Bhd (XKLS:6963) has a Cyclically Adjusted PS Ratio of 0.18 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 V.S Industry Bhd and its competitors. This is 79% below median its historical median of 0.85. Over the past decade, V.S Industry Bhd's Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.81. According to the industry distribution chart, V.S Industry Bhd ranks #164 out of 1976 companies in the Hardware industry, placing it in the top 8.3%.
Is V.S Industry Bhd's Cyclically Adjusted PS Ratio too high?
V.S Industry Bhd's current Cyclically Adjusted PS Ratio of 0.18 is 79% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.81. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. V.S Industry Bhd's value of 0.18 is 86.9% below this industry median. Based on the distribution chart, V.S Industry Bhd ranks #164 out of 1976 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, V.S Industry Bhd has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does V.S Industry Bhd's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, V.S Industry Bhd ranks #164 out of 1976 companies for Cyclically Adjusted PS Ratio. This places V.S Industry Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. V.S Industry Bhd's value of 0.18 is 86.9% below this benchmark. Historically, V.S Industry Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.81 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.37, V.S Industry 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,976 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. V.S Industry Bhd's current Cyclically Adjusted PS Ratio of 0.18 is 86.9% 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 V.S Industry Bhd and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V.S Industry Bhd's current Cyclically Adjusted PS Ratio is 0.18, which is 79% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.S Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, V.S Industry Bhd (XKLS:6963) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.70, compared to a current price of RM0.23 — trading 67.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.18, which is 79% below median its 10-year median of 0.85 and 86.9% below the Hardware industry median of 1.37. V.S Industry Bhd's overall GF Score™ is 44/100 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 V.S Industry Bhd (XKLS:6963), the current Cyclically Adjusted PS Ratio is 0.18 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 V.S Industry Bhd (XKLS:6963) Overvalued in 2026?

Based on GuruFocus' analysis, V.S Industry Bhd stock appears to be undervalued. The current stock price of RM0.23 is trading 67.1% below its estimated GF Value™ of RM0.70. GuruFocus considers V.S Industry Bhd to be Possible Value Trap.

Key valuation signals for XKLS:6963:

  • Cyclically Adjusted PS Ratio: 0.18 (79% below median its 10-year median of 0.85)
  • GF Value™: RM0.70 vs. price of RM0.23 (67.1% below fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 86.9% below the Hardware median (#164 of 1976)

No single metric tells the full story. See the XKLS:6963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


V.S Industry Bhd Business Description

Address No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
V.S Industry Bhd is engaged in the manufacturing, assembling and sale of electronic and electrical products and plastic moulded components and parts, and operates as an Electronics Manufacturing Services (EMS) provider. Its manufacturing services include plastic injection mould design and moulding, printed circuit board production, automated assembly, and packaging and logistics. The Group operates in two segments: Malaysia, covering manufacturing, assembling and sales based in Malaysia with branches in Singapore and the Philippines; and Indonesia, involving assembly, sales and injection moulding activities. Geographically, the Group derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Singapore, the PRC, and other regions.
44GF Score

Get the complete analysis for XKLS:6963

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

RM0.23
Price
RM0.70
GF Value