Asia File Bhd (XKLS:7129) Cyclically Adjusted PS Ratio: 0.69 (As of Jul. 19, 2026) — 25% Below Median

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XKLS:7129 Asia File Corp Bhd XKLS:7129
64 GF Score
Price RM1.29
GF Value RM1.53
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Asia File Bhd Cyclically Adjusted PS Ratio?

Asia File Bhd XKLS:7129 -0.77% 64 Cyclically Adjusted PS Ratio is 0.69 as of Jul. 19, 2026, which is 25% below its 10-year median of 0.92. GuruFocus rates XKLS:7129 with a GF Score™ of 64/100 and a GF Value™ of RM1.53 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,298 Industrial Products companies, Asia File Bhd ranks better than 74.8% on this metric.

As of today (2026-07-19), Asia File Bhd's current share price is RM1.29. Asia File Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.88. Asia File Bhd's Cyclically Adjusted PS Ratio for today is 0.69.

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

XKLS:7129' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.92   Max: 1.35
Current: 0.68

During the past years, Asia File Bhd's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.66. And the median was 0.92.

XKLS:7129's Cyclically Adjusted PS Ratio is ranked better than
74.8% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs XKLS:7129: 0.68

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.

Asia File Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.318. 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 RM1.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia File Bhd  (XKLS:7129) 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.


Asia File Bhd Cyclically Adjusted PS Ratio Related Terms


Asia File Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asia File 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.

Asia File Bhd Cyclically Adjusted PS Ratio Chart

Asia File Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.84 1.07 0.77 0.68

Asia File 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 0.77 0.71 0.71 0.77 0.68

Asia File Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Asia File 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.


Asia File Bhd Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia File Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:7129
64GF Score
Asia File Corp Bhd XKLS:7129
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia File 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.

Asia File Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.29/1.88
=0.69

* 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.

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

For example, Asia File 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)
=0.318/330.2130*330.2130
=0.318

Current CPI (Mar. 2026) = 330.2130.

Asia File Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.468 241.018 0.641
201609 0.425 241.428 0.581
201612 0.457 241.432 0.625
201703 0.467 243.801 0.633
201706 0.467 244.955 0.630
201709 0.450 246.819 0.602
201712 0.459 246.524 0.615
201803 0.430 249.554 0.569
201806 0.433 251.989 0.567
201809 0.429 252.439 0.561
201812 0.408 251.233 0.536
201903 0.414 254.202 0.538
201906 0.398 256.143 0.513
201909 0.376 256.759 0.484
201912 0.368 256.974 0.473
202003 0.363 258.115 0.464
202006 0.229 257.797 0.293
202009 0.342 260.280 0.434
202012 0.358 260.474 0.454
202103 0.396 264.877 0.494
202106 0.416 271.696 0.506
202109 0.393 274.310 0.473
202112 0.403 278.802 0.477
202203 0.447 287.504 0.513
202206 0.451 296.311 0.503
202209 0.392 296.808 0.436
202212 0.380 296.797 0.423
202303 0.399 301.836 0.437
202306 0.386 305.109 0.418
202309 0.406 307.789 0.436
202312 0.343 306.746 0.369
202403 0.366 312.332 0.387
202406 0.390 314.175 0.410
202409 0.352 315.301 0.369
202412 0.311 315.605 0.325
202503 0.359 319.799 0.371
202506 0.340 322.561 0.348
202509 0.312 324.800 0.317
202512 0.290 324.054 0.296
202603 0.318 330.213 0.318

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 0.69 mean?
Asia File Bhd (XKLS:7129) has a Cyclically Adjusted PS Ratio of 0.69 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 Asia File Bhd and its competitors. This is 25% below median its historical median of 0.92. Over the past decade, Asia File Bhd's Cyclically Adjusted PS Ratio has ranged from 0.66 to 1.35. According to the industry distribution chart, Asia File Bhd ranks #579 out of 2298 companies in the Industrial Products industry, placing it in the top 25.2%.
Is Asia File Bhd's Cyclically Adjusted PS Ratio too high?
Asia File Bhd's current Cyclically Adjusted PS Ratio of 0.69 is 25% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.35. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. Asia File Bhd's value of 0.69 is 60.3% below this industry median. Based on the distribution chart, Asia File Bhd ranks #579 out of 2298 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Asia File Bhd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia File Bhd's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Asia File Bhd ranks #579 out of 2298 companies for Cyclically Adjusted PS Ratio. This puts Asia File Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. Asia File Bhd's value of 0.69 is 60.3% below this benchmark. Historically, Asia File Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 1.35 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.74, Asia File 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.74, based on 2,298 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. Asia File Bhd's current Cyclically Adjusted PS Ratio of 0.69 is 60.3% 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 Asia File Bhd and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia File Bhd's current Cyclically Adjusted PS Ratio is 0.69, which is 25% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia File Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia File Bhd (XKLS:7129) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.53, compared to a current price of RM1.29 — trading 15.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.69, which is 25% below median its 10-year median of 0.92 and 60.3% below the Industrial Products industry median of 1.74. Asia File Bhd's overall GF Score™ is 64/100 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 Asia File Bhd (XKLS:7129), the current Cyclically Adjusted PS Ratio is 0.69 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 Asia File Bhd (XKLS:7129) Overvalued in 2026?

Based on GuruFocus' analysis, Asia File Bhd stock appears to be undervalued. The current stock price of RM1.29 is trading 15.7% below its estimated GF Value™ of RM1.53. GuruFocus considers Asia File Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7129:

  • Cyclically Adjusted PS Ratio: 0.69 (25% below median its 10-year median of 0.92)
  • GF Value™: RM1.53 vs. price of RM1.29 (15.7% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 60.3% below the Industrial Products median (#579 of 2298)

No single metric tells the full story. See the XKLS:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia File Bhd Business Description

Address Phase IV, Mukim 12, Plot 16, Kawasan Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900
Asia File Corp Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, it is engaged in the manufacturing and trading of stationery products, paper and plastic-based related products, and consumer and food ware products. Some of its products include plastic folders, sheet protectors, and flat files; filing/storage boxes; suspension files; clipboards and clipfolders; and others. The group's reportable segments include Filing products, which generate maximum revenue; and Industrial, consumer and food ware products. Geographically, the group generates maximum revenue from Europe, and the rest from Malaysia, Asia (excluding Malaysia), America, and other regions.
64GF Score

Get the complete analysis for XKLS:7129

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

RM1.29
Price
RM1.53
GF Value