Wavefront Bhd (XKLS:8176) Cyclically Adjusted PS Ratio: 0.03 (As of Jul. 23, 2026) — 63% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:8176 Wavefront Bhd XKLS:8176
35 GF Score
Price RM0.13
GF Value RM0.22
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Wavefront Bhd Cyclically Adjusted PS Ratio?

Wavefront Bhd XKLS:8176 35 Cyclically Adjusted PS Ratio is 0.03 as of Jul. 23, 2026, which is 63% below its 10-year median of 0.08. GuruFocus rates XKLS:8176 with a GF Score™ of 35/100 and a GF Value™ of RM0.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,976 Hardware companies, Wavefront Bhd ranks better than 99.09% on this metric.

As of today (2026-07-23), Wavefront Bhd's current share price is RM0.13. Wavefront Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM4.21. Wavefront Bhd's Cyclically Adjusted PS Ratio for today is 0.03.

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

XKLS:8176' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.93
Current: 0.03

During the past years, Wavefront Bhd's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.02. And the median was 0.08.

XKLS:8176's Cyclically Adjusted PS Ratio is ranked better than
99.09% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs XKLS:8176: 0.03

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.

Wavefront Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.065. 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 RM4.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wavefront Bhd  (XKLS:8176) 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.


Wavefront Bhd Cyclically Adjusted PS Ratio Related Terms


Wavefront Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wavefront 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.

Wavefront Bhd Cyclically Adjusted PS Ratio Chart

Wavefront 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 0.11 0.07 0.07 0.06 0.02

Wavefront 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 0.06 0.07 0.06 0.05 0.02

XKLS:8176 vs APH, GLW: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Wavefront 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.


Wavefront Bhd Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Wavefront Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8176
35GF Score
Wavefront Bhd XKLS:8176
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wavefront 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.13/4.21
=0.03

* 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.

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

For example, Wavefront 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)
=0.065/330.2130*330.2130
=0.065

Current CPI (Mar. 2026) = 330.2130.

Wavefront Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.230 241.018 0.315
201609 0.217 241.428 0.297
201612 0.233 241.432 0.319
201703 16.691 243.801 22.607
201706 0.406 244.955 0.547
201709 0.607 246.819 0.812
201712 0.640 246.524 0.857
201803 0.523 249.554 0.692
201806 0.503 251.989 0.659
201809 0.603 252.439 0.789
201812 0.730 251.233 0.959
201903 0.696 254.202 0.904
201906 0.694 256.143 0.895
201909 0.774 256.759 0.995
201912 0.718 256.974 0.923
202003 0.597 258.115 0.764
202006 0.618 257.797 0.792
202009 1.112 260.280 1.411
202012 0.974 260.474 1.235
202103 0.805 264.877 1.004
202106 0.742 271.696 0.902
202109 0.494 274.310 0.595
202112 0.568 278.802 0.673
202203 0.358 287.504 0.411
202206 0.322 296.311 0.359
202209 0.183 296.808 0.204
202212 0.159 296.797 0.177
202303 0.097 301.836 0.106
202306 0.068 305.109 0.074
202309 0.098 307.789 0.105
202312 0.092 306.746 0.099
202403 0.075 312.332 0.079
202406 0.047 314.175 0.049
202409 0.043 315.301 0.045
202412 0.067 315.605 0.070
202503 0.070 319.799 0.072
202506 0.080 322.561 0.082
202509 0.069 324.800 0.070
202512 0.066 324.054 0.067
202603 0.065 330.213 0.065

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 0.03 mean?
Wavefront Bhd (XKLS:8176) has a Cyclically Adjusted PS Ratio of 0.03 as of Jul. 23, 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 Wavefront Bhd and its competitors. This is 63% below median its historical median of 0.08. Over the past decade, Wavefront Bhd's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.93. According to the industry distribution chart, Wavefront Bhd ranks #18 out of 1976 companies in the Hardware industry, placing it in the top 0.90000000000001%.
Is Wavefront Bhd's Cyclically Adjusted PS Ratio too high?
Wavefront Bhd's current Cyclically Adjusted PS Ratio of 0.03 is 63% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.93. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Wavefront Bhd's value of 0.03 is 97.8% below this industry median. Based on the distribution chart, Wavefront Bhd ranks #18 out of 1976 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Wavefront Bhd has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wavefront Bhd's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Wavefront Bhd ranks #18 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Wavefront Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. Wavefront Bhd's value of 0.03 is 97.8% below this benchmark. Historically, Wavefront Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.93 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.37, Wavefront 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,976 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. Wavefront Bhd's current Cyclically Adjusted PS Ratio of 0.03 is 97.8% 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 Wavefront Bhd and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavefront Bhd's current Cyclically Adjusted PS Ratio is 0.03, which is 63% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wavefront Bhd (XKLS:8176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.13 — trading 40.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.03, which is 63% below median its 10-year median of 0.08 and 97.8% below the Hardware industry median of 1.37. Wavefront Bhd's overall GF Score™ is 35/100 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 Wavefront Bhd (XKLS:8176), the current Cyclically Adjusted PS Ratio is 0.03 as of Jul. 23, 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 Wavefront Bhd (XKLS:8176) Overvalued in 2026?

Based on GuruFocus' analysis, Wavefront Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 40.9% below its estimated GF Value™ of RM0.22. GuruFocus considers Wavefront Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8176:

  • Cyclically Adjusted PS Ratio: 0.03 (63% below median its 10-year median of 0.08)
  • GF Value™: RM0.22 vs. price of RM0.13 (40.9% below fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 97.8% below the Hardware median (#18 of 1976)

No single metric tells the full story. See the XKLS:8176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wavefront Bhd Business Description

Address No. 6, Jalan Dewani 1, Kawasan Perindustrian Dewani, Johor Bahru, JHR, MYS, 81100
Wavefront Bhd is an investment holding company. The company is principally involved in the manufacturing and sales of precision plastic injection moulded parts, secondary process, sub-assembly, and full assembly of the finished products for the electronic industry, and is predominantly carried out in Malaysia.
35GF Score

Get the complete analysis for XKLS:8176

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

RM0.13
Price
RM0.22
GF Value