Apex Healthcare Bhd (XKLS:7090) Cyclically Adjusted PS Ratio: 2.06 (As of Jul. 24, 2026) — Near 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:7090 Apex Healthcare Bhd XKLS:7090
63 GF Score
Price RM2.61
GF Value RM2.27
! 8 Warning Signs
View Full Analysis

What is Apex Healthcare Bhd Cyclically Adjusted PS Ratio?

Apex Healthcare Bhd XKLS:7090 63 Cyclically Adjusted PS Ratio is 2.06 as of Jul. 24, 2026, which is 6% below its 10-year median of 2.18. GuruFocus rates XKLS:7090 with a GF Score™ of 63/100 and a GF Value™ of RM2.27. The stock has 8 warning signs investors should review.

As of today (2026-07-24), Apex Healthcare Bhd's current share price is RM2.61. Apex Healthcare Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was RM1.27. Apex Healthcare Bhd's Cyclically Adjusted PS Ratio for today is 2.06.

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

XKLS:7090' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.18   Max: 2.96
Current: 2.06

During the past years, Apex Healthcare Bhd's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 1.63. And the median was 2.18.

XKLS:7090's Cyclically Adjusted PS Ratio is not ranked
in the Medical Distribution industry.
Industry Median: 0.37 vs XKLS:7090: 2.06

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.

Apex Healthcare Bhd's adjusted revenue per share data for the three months ended in Sep. 2025 was RM0.354. 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 RM1.27 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Healthcare Bhd  (XKLS:7090) 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.


Apex Healthcare Bhd Cyclically Adjusted PS Ratio Related Terms


Apex Healthcare Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apex Healthcare 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.

Apex Healthcare Bhd Cyclically Adjusted PS Ratio Chart

Apex Healthcare Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 1.92 2.25 2.20 2.05

Apex Healthcare Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.30 2.05 1.73 1.83 1.89

XKLS:7090 vs MCK, COR, CAH: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Apex Healthcare 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.


Apex Healthcare Bhd Cyclically Adjusted PS Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Apex Healthcare Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:7090
63GF Score
Apex Healthcare Bhd XKLS:7090
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Healthcare 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.

Apex Healthcare Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.61/1.27
=2.06

* 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.

Apex Healthcare Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Apex Healthcare Bhd's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.354/324.8000*324.8000
=0.354

Current CPI (Sep. 2025) = 324.8000.

Apex Healthcare Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.191 236.525 0.262
201603 0.210 238.132 0.286
201606 0.209 241.018 0.282
201609 0.203 241.428 0.273
201612 0.205 241.432 0.276
201703 0.220 243.801 0.293
201706 0.221 244.955 0.293
201709 0.224 246.819 0.295
201712 0.217 246.524 0.286
201803 0.239 249.554 0.311
201806 0.221 251.989 0.285
201809 0.233 252.439 0.300
201812 0.232 251.233 0.300
201903 0.252 254.202 0.322
201906 0.224 256.143 0.284
201909 0.254 256.759 0.321
201912 0.240 256.974 0.303
202003 0.272 258.115 0.342
202006 0.246 257.797 0.310
202009 0.238 260.280 0.297
202012 0.227 260.474 0.283
202103 0.252 264.877 0.309
202106 0.256 271.696 0.306
202109 0.297 274.310 0.352
202112 0.278 278.802 0.324
202203 0.304 287.504 0.343
202206 0.294 296.311 0.322
202209 0.325 296.808 0.356
202212 0.309 296.797 0.338
202303 0.344 301.836 0.370
202306 0.301 305.109 0.320
202309 0.329 307.789 0.347
202312 0.336 306.746 0.356
202403 0.347 312.332 0.361
202406 0.334 314.175 0.345
202409 0.332 315.301 0.342
202412 0.332 315.605 0.342
202503 0.334 319.799 0.339
202506 0.337 322.561 0.339
202509 0.354 324.800 0.354

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 2.06 mean?
Apex Healthcare Bhd (XKLS:7090) has a Cyclically Adjusted PS Ratio of 2.06 as of Jul. 24, 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 Apex Healthcare Bhd and its competitors. This is near median its historical median of 2.18. Over the past decade, Apex Healthcare Bhd's Cyclically Adjusted PS Ratio has ranged from 1.63 to 2.96.
Is Apex Healthcare Bhd's Cyclically Adjusted PS Ratio too high?
Apex Healthcare Bhd's current Cyclically Adjusted PS Ratio of 2.06 is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 2.96. The Medical Distribution industry median Cyclically Adjusted PS Ratio is 0.37. Apex Healthcare Bhd's value of 2.06 is 456.8% above this industry median. Overall, Apex Healthcare Bhd has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Apex Healthcare Bhd's Cyclically Adjusted PS Ratio compare to MCK and COR?
Apex Healthcare Bhd's Cyclically Adjusted PS Ratio of 2.06 can be compared against companies in the Medical Distribution industry. The industry median Cyclically Adjusted PS Ratio is 0.37. Apex Healthcare Bhd's value of 2.06 is 456.8% above this benchmark. Historically, Apex Healthcare Bhd's own Cyclically Adjusted PS Ratio has ranged from 1.63 to 2.96 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 0.37, Apex Healthcare 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 Medical Distribution company?
The median Cyclically Adjusted PS Ratio among Medical Distribution companies is 0.37, based on 89 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. Apex Healthcare Bhd's current Cyclically Adjusted PS Ratio of 2.06 is 456.8% 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 Apex Healthcare Bhd and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PS Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Healthcare Bhd's current Cyclically Adjusted PS Ratio is 2.06, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Healthcare Bhd stock overvalued right now?
Apex Healthcare Bhd (XKLS:7090) has a current Cyclically Adjusted PS Ratio of 2.06. The stock's GF Value™ is RM2.27, compared to a current price of RM2.61 — trading 15% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.06, which is near median its 10-year median of 2.18 and 456.8% above the Medical Distribution industry median of 0.37. Apex Healthcare Bhd's overall GF Score™ is 63/100 with 8 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 Apex Healthcare Bhd (XKLS:7090), the current Cyclically Adjusted PS Ratio is 2.06 as of Jul. 24, 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 Apex Healthcare Bhd (XKLS:7090) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Healthcare Bhd stock appears to be overvalued. The current stock price of RM2.61 is trading 15% above its estimated GF Value™ of RM2.27.

Key valuation signals for XKLS:7090:

  • Cyclically Adjusted PS Ratio: 2.06 (near median its 10-year median of 2.18)
  • GF Value™: RM2.27 vs. price of RM2.61 (15% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 456.8% above the Medical Distribution median

No single metric tells the full story. See the XKLS:7090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Healthcare Bhd Business Description

Address 1-5 Jalan TTC 1, Cheng Industrial Estate, Melaka, MLA, MYS, 75250
Apex Healthcare Bhd is an investment holding company for a group of companies engaged in the development, manufacturing, marketing, and distribution of pharmaceuticals, diagnostics, consumer healthcare products, and orthopedic devices. It has direct operations in Malaysia, Singapore and Others. The company has two manufacturing plants in Melaka and Penang. It has three segments: Manufacturing, Distribution and Corporate. It derives maximum revenue from Malaysia and also has a presence in Singapore and other couintries.
63GF Score

Get the complete analysis for XKLS:7090

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

RM2.61
Price
RM2.27
GF Value