Ken Holdings Bhd (XKLS:7323) Cyclically Adjusted PS Ratio: 1.44 (As of Jul. 22, 2026) — Near Median

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XKLS:7323 Ken Holdings Bhd XKLS:7323
51 GF Score
Price RM0.46
GF Value RM0.51
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ken Holdings Bhd Cyclically Adjusted PS Ratio?

Ken Holdings Bhd XKLS:7323 51 Cyclically Adjusted PS Ratio is 1.44 as of Jul. 22, 2026, which is 2% above its 10-year median of 1.41. GuruFocus rates XKLS:7323 with a GF Score™ of 51/100 and a GF Value™ of RM0.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,358 Construction companies, Ken Holdings Bhd ranks worse than 71.28% on this metric.

As of today (2026-07-22), Ken Holdings Bhd's current share price is RM0.46. Ken Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.32. Ken Holdings Bhd's Cyclically Adjusted PS Ratio for today is 1.44.

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

XKLS:7323' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.41   Max: 1.69
Current: 1.45

During the past years, Ken Holdings Bhd's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.93. And the median was 1.41.

XKLS:7323's Cyclically Adjusted PS Ratio is ranked worse than
71.28% of 1358 companies
in the Construction industry
Industry Median: 0.7 vs XKLS:7323: 1.45

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.

Ken Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.032. 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 RM0.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ken Holdings Bhd  (XKLS:7323) 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.


Ken Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Ken Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ken 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.

Ken Holdings Bhd Cyclically Adjusted PS Ratio Chart

Ken Holdings 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 1.42 1.29 1.63 1.41 1.56

Ken Holdings 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 1.40 1.47 1.56 1.56 1.61

XKLS:7323 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Ken 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.


Ken Holdings Bhd Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ken Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:7323
51GF Score
Ken Holdings Bhd XKLS:7323
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ken 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.46/0.32
=1.44

* 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.

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

For example, Ken Holdings 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)
=0.032/330.2130*330.2130
=0.032

Current CPI (Mar. 2026) = 330.2130.

Ken Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.093 241.018 0.127
201609 0.133 241.428 0.182
201612 0.200 241.432 0.274
201703 0.076 243.801 0.103
201706 0.153 244.955 0.206
201709 0.136 246.819 0.182
201712 0.216 246.524 0.289
201803 0.043 249.554 0.057
201806 0.285 251.989 0.373
201809 0.015 252.439 0.020
201812 0.016 251.233 0.021
201903 0.016 254.202 0.021
201906 0.017 256.143 0.022
201909 0.018 256.759 0.023
201912 0.030 256.974 0.039
202003 0.018 258.115 0.023
202006 0.018 257.797 0.023
202009 0.083 260.280 0.105
202012 0.067 260.474 0.085
202103 0.081 264.877 0.101
202106 0.109 271.696 0.132
202109 0.032 274.310 0.039
202112 0.065 278.802 0.077
202203 0.017 287.504 0.020
202206 0.024 296.311 0.027
202209 0.031 296.808 0.034
202212 0.044 296.797 0.049
202303 0.039 301.836 0.043
202306 0.042 305.109 0.045
202309 0.059 307.789 0.063
202312 0.052 306.746 0.056
202403 0.027 312.332 0.029
202406 0.027 314.175 0.028
202409 0.035 315.301 0.037
202412 0.040 315.605 0.042
202503 0.028 319.799 0.029
202506 0.031 322.561 0.032
202509 0.036 324.800 0.037
202512 0.037 324.054 0.038
202603 0.032 330.213 0.032

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 1.44 mean?
Ken Holdings Bhd (XKLS:7323) has a Cyclically Adjusted PS Ratio of 1.44 as of Jul. 22, 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 Ken Holdings Bhd and its competitors. This is near median its historical median of 1.41. Over the past decade, Ken Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 0.93 to 1.69. According to the industry distribution chart, Ken Holdings Bhd ranks #968 out of 1358 companies in the Construction industry, placing it in the top 71.3%.
Is Ken Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Ken Holdings Bhd's current Cyclically Adjusted PS Ratio of 1.44 is near median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.69. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Ken Holdings Bhd's value of 1.44 is 105.7% above this industry median. Based on the distribution chart, Ken Holdings Bhd ranks #968 out of 1358 companies in the Construction industry, which is below the industry midpoint. Overall, Ken Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ken Holdings Bhd's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Ken Holdings Bhd ranks #968 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Ken Holdings Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Ken Holdings Bhd's value of 1.44 is 105.7% above this benchmark. Historically, Ken Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.93 to 1.69 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.70, Ken 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,358 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. Ken Holdings Bhd's current Cyclically Adjusted PS Ratio of 1.44 is 105.7% 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 Ken Holdings Bhd and its competitors. For the Construction 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. Ken Holdings Bhd's current Cyclically Adjusted PS Ratio is 1.44, which is near median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ken Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ken Holdings Bhd (XKLS:7323) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.46 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.44, which is near median its 10-year median of 1.41 and 105.7% above the Construction industry median of 0.70. Ken Holdings Bhd's overall GF Score™ is 51/100 with 3 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 Ken Holdings Bhd (XKLS:7323), the current Cyclically Adjusted PS Ratio is 1.44 as of Jul. 22, 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 Ken Holdings Bhd (XKLS:7323) Overvalued in 2026?

Based on GuruFocus' analysis, Ken Holdings Bhd stock appears to be undervalued. The current stock price of RM0.46 is trading 9.8% below its estimated GF Value™ of RM0.51. GuruFocus considers Ken Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7323:

  • Cyclically Adjusted PS Ratio: 1.44 (near median its 10-year median of 1.41)
  • GF Value™: RM0.51 vs. price of RM0.46 (9.8% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 105.7% above the Construction median (#968 of 1358)

No single metric tells the full story. See the XKLS:7323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ken Holdings Bhd Business Description

Address No. 37, Jalan Burhanuddin Helmi, Level 12, Menara KEN TTDI, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
Ken Holdings Bhd is engaged in investment holding and the provision of management services. The company operates through three segments: Construction, Property Development, and Property Investment. The construction segment offers specialist engineering services, turnkey contracts, building and civil and engineering works, land reclamation, dredging, and marine and civil engineering. The Property Development segment engages in the development of residential and commercial properties.
51GF Score

Get the complete analysis for XKLS:7323

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

RM0.46
Price
RM0.51
GF Value