Thong Guan Industries Bhd (XKLS:7034) Cyclically Adjusted PS Ratio: 0.42 (As of Jul. 26, 2026) — 31% Below Median

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XKLS:7034 Thong Guan Industries Bhd XKLS:7034
77 GF Score
Price RM1.47
GF Value RM1.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thong Guan Industries Bhd Cyclically Adjusted PS Ratio?

Thong Guan Industries Bhd XKLS:7034 -0.68% 77 Cyclically Adjusted PS Ratio is 0.42 as of Jul. 26, 2026, which is 31% below its 10-year median of 0.61. GuruFocus rates XKLS:7034 with a GF Score™ of 77/100 and a GF Value™ of RM1.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 319 Packaging & Containers companies, Thong Guan Industries Bhd ranks better than 66.46% on this metric.

As of today (2026-07-26), Thong Guan Industries Bhd's current share price is RM1.47. Thong Guan Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM3.48. Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio for today is 0.42.

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

XKLS:7034' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.61   Max: 1.07
Current: 0.42

During the past years, Thong Guan Industries Bhd's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.30. And the median was 0.61.

XKLS:7034's Cyclically Adjusted PS Ratio is ranked better than
66.46% of 319 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs XKLS:7034: 0.42

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.

Thong Guan Industries Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.811. 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 RM3.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thong Guan Industries Bhd  (XKLS:7034) 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.


Thong Guan Industries Bhd Cyclically Adjusted PS Ratio Related Terms


Thong Guan Industries Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thong Guan Industries 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.

Thong Guan Industries Bhd Cyclically Adjusted PS Ratio Chart

Thong Guan Industries 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 0.89 0.69 0.54 0.43 0.34

Thong Guan Industries 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 0.33 0.34 0.34 0.34 0.37

XKLS:7034 vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Thong Guan Industries 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.


Thong Guan Industries Bhd Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio falls into.


XKLS:7034
77GF Score
Thong Guan Industries Bhd XKLS:7034
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thong Guan Industries 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.

Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.47/3.48
=0.42

* 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.

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

For example, Thong Guan Industries 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)
=0.811/330.2130*330.2130
=0.811

Current CPI (Mar. 2026) = 330.2130.

Thong Guan Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.751 241.018 1.029
201609 0.771 241.428 1.055
201612 0.810 241.432 1.108
201703 0.567 243.801 0.768
201706 0.595 244.955 0.802
201709 0.638 246.819 0.854
201712 0.644 246.524 0.863
201803 0.626 249.554 0.828
201806 0.604 251.989 0.791
201809 0.645 252.439 0.844
201812 0.684 251.233 0.899
201903 0.634 254.202 0.824
201906 0.706 256.143 0.910
201909 0.788 256.759 1.013
201912 0.522 256.974 0.671
202003 0.644 258.115 0.824
202006 0.600 257.797 0.769
202009 0.638 260.280 0.809
202012 0.592 260.474 0.751
202103 0.716 264.877 0.893
202106 0.776 271.696 0.943
202109 0.750 274.310 0.903
202112 0.864 278.802 1.023
202203 0.844 287.504 0.969
202206 0.961 296.311 1.071
202209 0.903 296.808 1.005
202212 0.815 296.797 0.907
202303 0.789 301.836 0.863
202306 0.732 305.109 0.792
202309 0.801 307.789 0.859
202312 0.805 306.746 0.867
202403 0.861 312.332 0.910
202406 0.757 314.175 0.796
202409 0.822 315.301 0.861
202412 0.761 315.605 0.796
202503 0.801 319.799 0.827
202506 0.739 322.561 0.757
202509 0.744 324.800 0.756
202512 0.727 324.054 0.741
202603 0.811 330.213 0.811

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 0.42 mean?
Thong Guan Industries Bhd (XKLS:7034) has a Cyclically Adjusted PS Ratio of 0.42 as of Jul. 26, 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 Thong Guan Industries Bhd and its competitors. This is 31% below median its historical median of 0.61. Over the past decade, Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio has ranged from 0.30 to 1.07. According to the industry distribution chart, Thong Guan Industries Bhd ranks #107 out of 319 companies in the Packaging & Containers industry, placing it in the top 33.5%.
Is Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio too high?
Thong Guan Industries Bhd's current Cyclically Adjusted PS Ratio of 0.42 is 31% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.07. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. Thong Guan Industries Bhd's value of 0.42 is 40% below this industry median. Based on the distribution chart, Thong Guan Industries Bhd ranks #107 out of 319 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thong Guan Industries Bhd has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thong Guan Industries Bhd ranks #107 out of 319 companies for Cyclically Adjusted PS Ratio. This puts Thong Guan Industries Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Thong Guan Industries Bhd's value of 0.42 is 40% below this benchmark. Historically, Thong Guan Industries Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 1.07 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.70, Thong Guan Industries 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.70, based on 319 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. Thong Guan Industries Bhd's current Cyclically Adjusted PS Ratio of 0.42 is 40% 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 Thong Guan Industries Bhd and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thong Guan Industries Bhd's current Cyclically Adjusted PS Ratio is 0.42, which is 31% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.71, compared to a current price of RM1.47 — trading 14% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 31% below median its 10-year median of 0.61 and 40% below the Packaging & Containers industry median of 0.70. Thong Guan Industries Bhd's overall GF Score™ is 77/100 with 5 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 Thong Guan Industries Bhd (XKLS:7034), the current Cyclically Adjusted PS Ratio is 0.42 as of Jul. 26, 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?

Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued. The current stock price of RM1.47 is trading 14% below its estimated GF Value™ of RM1.71. GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7034:

  • Cyclically Adjusted PS Ratio: 0.42 (31% below median its 10-year median of 0.61)
  • GF Value™: RM1.71 vs. price of RM1.47 (14% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 40% below the Packaging & Containers median (#107 of 319)

No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thong Guan Industries Bhd Business Description

Address Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
77GF Score

Get the complete analysis for XKLS:7034

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

RM1.47
Price
RM1.71
GF Value