MCE Holdings Bhd (XKLS:7004) Cyclically Adjusted PS Ratio: 1.31 (As of Jul. 17, 2026) — 62% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:7004 MCE Holdings Bhd XKLS:7004
80 GF Score
Price RM1.49
GF Value RM1.61
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MCE Holdings Bhd Cyclically Adjusted PS Ratio?

MCE Holdings Bhd XKLS:7004 -0.67% 80 Cyclically Adjusted PS Ratio is 1.31 as of Jul. 17, 2026, which is 62% above its 10-year median of 0.81. GuruFocus rates XKLS:7004 with a GF Score™ of 80/100 and a GF Value™ of RM1.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,042 Vehicles & Parts companies, MCE Holdings Bhd ranks worse than 66.51% on this metric.

As of today (2026-07-17), MCE Holdings Bhd's current share price is RM1.49. MCE Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was RM1.14. MCE Holdings Bhd's Cyclically Adjusted PS Ratio for today is 1.31.

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

XKLS:7004' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.81   Max: 1.74
Current: 1.32

During the past years, MCE Holdings Bhd's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.17. And the median was 0.81.

XKLS:7004's Cyclically Adjusted PS Ratio is ranked worse than
66.51% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs XKLS:7004: 1.32

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.

MCE Holdings Bhd's adjusted revenue per share data for the three months ended in Apr. 2026 was RM0.255. 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 RM1.14 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCE Holdings Bhd  (XKLS:7004) 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.


MCE Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


MCE Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MCE Holdings 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.

MCE Holdings Bhd Cyclically Adjusted PS Ratio Chart

MCE Holdings 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 0.62 0.45 0.83 1.54 1.30

MCE Holdings 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 1.31 1.30 1.66 1.37 1.26

XKLS:7004 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, MCE Holdings 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.


MCE Holdings Bhd Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:7004
80GF Score
MCE Holdings Bhd XKLS:7004
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCE Holdings 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.

MCE Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.49/1.14
=1.31

* 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.

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

For example, MCE Holdings 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)
=0.255/333.0200*333.0200
=0.255

Current CPI (Apr. 2026) = 333.0200.

MCE Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.206 240.628 0.285
201610 0.239 241.729 0.329
201701 0.277 242.839 0.380
201704 0.226 244.524 0.308
201707 0.161 244.786 0.219
201710 0.199 246.663 0.269
201801 0.191 247.867 0.257
201804 0.156 250.546 0.207
201807 0.158 252.006 0.209
201810 0.188 252.885 0.248
201901 0.206 251.712 0.273
201904 0.198 255.548 0.258
201907 0.187 256.571 0.243
201910 0.201 257.346 0.260
202001 0.228 257.971 0.294
202004 0.124 256.389 0.161
202007 0.289 259.101 0.371
202010 0.305 260.388 0.390
202101 0.246 261.582 0.313
202104 0.265 267.054 0.330
202107 0.062 273.003 0.076
202110 0.161 276.589 0.194
202201 0.238 281.148 0.282
202204 0.250 289.109 0.288
202207 0.306 296.276 0.344
202210 0.343 298.012 0.383
202301 0.348 299.170 0.387
202304 0.328 303.363 0.360
202307 0.306 305.691 0.333
202310 0.334 307.671 0.362
202401 0.324 308.417 0.350
202404 0.303 313.548 0.322
202407 0.279 314.540 0.295
202410 0.269 315.664 0.284
202501 0.212 317.671 0.222
202504 0.223 320.795 0.231
202507 0.242 323.048 0.249
202510 0.230 0.000
202601 0.331 325.252 0.339
202604 0.255 333.020 0.255

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 1.31 mean?
MCE Holdings Bhd (XKLS:7004) has a Cyclically Adjusted PS Ratio of 1.31 as of Jul. 17, 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 MCE Holdings Bhd and its competitors. This is 62% above median its historical median of 0.81. Over the past decade, MCE Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 0.17 to 1.74. According to the industry distribution chart, MCE Holdings Bhd ranks #693 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 66.5%.
Is MCE Holdings Bhd's Cyclically Adjusted PS Ratio too high?
MCE Holdings Bhd's current Cyclically Adjusted PS Ratio of 1.31 is 62% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.74. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. MCE Holdings Bhd's value of 1.31 is 77% above this industry median. Based on the distribution chart, MCE Holdings Bhd ranks #693 out of 1042 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, MCE Holdings Bhd has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MCE Holdings Bhd's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MCE Holdings Bhd ranks #693 out of 1042 companies for Cyclically Adjusted PS Ratio. This places MCE Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. MCE Holdings Bhd's value of 1.31 is 77% above this benchmark. Historically, MCE Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 1.74 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.74, MCE Holdings 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 a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,042 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. MCE Holdings Bhd's current Cyclically Adjusted PS Ratio of 1.31 is 77% 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 MCE Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCE Holdings Bhd's current Cyclically Adjusted PS Ratio is 1.31, which is 62% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MCE Holdings Bhd (XKLS:7004) is currently considered Fairly Valued. The stock's GF Value™ is RM1.61, compared to a current price of RM1.49 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.31, which is 62% above median its 10-year median of 0.81 and 77% above the Vehicles & Parts industry median of 0.74. MCE Holdings Bhd's overall GF Score™ is 80/100 with 4 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 MCE Holdings Bhd (XKLS:7004), the current Cyclically Adjusted PS Ratio is 1.31 as of Jul. 17, 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 MCE Holdings Bhd (XKLS:7004) Overvalued in 2026?

Based on GuruFocus' analysis, MCE Holdings Bhd stock appears to be undervalued. The current stock price of RM1.49 is trading 7.5% below its estimated GF Value™ of RM1.61. GuruFocus considers MCE Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:7004:

  • Cyclically Adjusted PS Ratio: 1.31 (62% above median its 10-year median of 0.81)
  • GF Value™: RM1.61 vs. price of RM1.49 (7.5% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 77% above the Vehicles & Parts median (#693 of 1042)

No single metric tells the full story. See the XKLS:7004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MCE Holdings Bhd Business Description

Address No. 2 and 4, Jalan Waja 7, Kawasan Perindustrian Pandan, Johor Bahru, JHR, MYS, 81100
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.
80GF Score

Get the complete analysis for XKLS:7004

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

RM1.49
Price
RM1.61
GF Value