ASTEEL Group Bhd (XKLS:7020) Cyclically Adjusted PS Ratio: 0.08 (As of Jul. 25, 2026) — 11% Below Median

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What is ASTEEL Group Bhd Cyclically Adjusted PS Ratio?

ASTEEL Group Bhd XKLS:7020 Cyclically Adjusted PS Ratio is 0.08 as of Jul. 25, 2026, which is 11% below its 10-year median of 0.09. The stock has 5 warning signs investors should review. Among 514 Steel companies, ASTEEL Group Bhd ranks better than 92.41% on this metric.

As of today (2026-07-25), ASTEEL Group Bhd's current share price is RM0.065. ASTEEL Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.77. ASTEEL Group Bhd's Cyclically Adjusted PS Ratio for today is 0.08.

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

XKLS:7020' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.21
Current: 0.08

During the past years, ASTEEL Group Bhd's highest Cyclically Adjusted PS Ratio was 0.21. The lowest was 0.07. And the median was 0.09.

XKLS:7020's Cyclically Adjusted PS Ratio is ranked better than
92.41% of 514 companies
in the Steel industry
Industry Median: 0.45 vs XKLS:7020: 0.08

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.

ASTEEL Group Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.132. 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 RM0.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASTEEL Group Bhd  (XKLS:7020) 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.


ASTEEL Group Bhd Cyclically Adjusted PS Ratio Related Terms


ASTEEL Group Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ASTEEL 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.

ASTEEL Group Bhd Cyclically Adjusted PS Ratio Chart

ASTEEL 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 0.12 0.09 0.10 0.09 0.10

ASTEEL 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 0.08 0.08 0.09 0.10 0.08

XKLS:7020 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, ASTEEL 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.


ASTEEL Group Bhd Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, ASTEEL Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ASTEEL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.065/0.77
=0.08

* 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.

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

For example, ASTEEL 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)
=0.132/330.2130*330.2130
=0.132

Current CPI (Mar. 2026) = 330.2130.

ASTEEL Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.294 241.018 0.403
201609 0.256 241.428 0.350
201612 0.304 241.432 0.416
201703 0.289 243.801 0.391
201706 0.234 244.955 0.315
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.158 249.554 0.209
201806 0.132 251.989 0.173
201809 0.165 252.439 0.216
201812 0.175 251.233 0.230
201903 0.146 254.202 0.190
201906 0.132 256.143 0.170
201909 0.138 256.759 0.177
201912 0.157 256.974 0.202
202003 0.130 258.115 0.166
202006 0.075 257.797 0.096
202009 0.161 260.280 0.204
202012 0.132 260.474 0.167
202103 0.138 264.877 0.172
202106 0.140 271.696 0.170
202109 0.123 274.310 0.148
202112 0.162 278.802 0.192
202203 0.000 287.504 0.000
202206 0.172 296.311 0.192
202209 0.153 296.808 0.170
202212 0.157 296.797 0.175
202303 0.135 301.836 0.148
202306 0.110 305.109 0.119
202309 0.135 307.789 0.145
202312 0.142 306.746 0.153
202403 0.126 312.332 0.133
202406 0.111 314.175 0.117
202409 0.133 315.301 0.139
202412 0.141 315.605 0.148
202503 0.119 319.799 0.123
202506 0.139 322.561 0.142
202509 0.143 324.800 0.145
202512 0.160 324.054 0.163
202603 0.132 330.213 0.132

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 0.08 mean?
ASTEEL Group Bhd (XKLS:7020) has a Cyclically Adjusted PS Ratio of 0.08 as of Jul. 25, 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 ASTEEL Group Bhd and its competitors. This is 11% below median its historical median of 0.09. Over the past decade, ASTEEL Group Bhd's Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.21. According to the industry distribution chart, ASTEEL Group Bhd ranks #39 out of 514 companies in the Steel industry, placing it in the top 7.6%.
Is ASTEEL Group Bhd's Cyclically Adjusted PS Ratio too high?
ASTEEL Group Bhd's current Cyclically Adjusted PS Ratio of 0.08 is 11% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.21. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. ASTEEL Group Bhd's value of 0.08 is 82.2% below this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #39 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does ASTEEL Group Bhd's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #39 out of 514 companies for Cyclically Adjusted PS Ratio. This places ASTEEL Group Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. ASTEEL Group Bhd's value of 0.08 is 82.2% below this benchmark. Historically, ASTEEL Group Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.21 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.45, ASTEEL 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. ASTEEL Group Bhd's current Cyclically Adjusted PS Ratio of 0.08 is 82.2% 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 ASTEEL Group Bhd and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTEEL Group Bhd's current Cyclically Adjusted PS Ratio is 0.08, which is 11% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.09, compared to a current price of RM0.07 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.08, which is 11% below median its 10-year median of 0.09 and 82.2% below the Steel industry median of 0.45. 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 ASTEEL Group Bhd (XKLS:7020), the current Cyclically Adjusted PS Ratio is 0.08 as of Jul. 25, 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.

ASTEEL Group Bhd Business Description

Address No. 2 Jalan Setia Prima S U13/S, No. 52-4 and 53-4 Setia Avenue, Seksyen U13, Setia Alam, Shah Alam, SGR, MYS, 40170
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.