Concrete Engineering Products Bhd (XKLS:8435) Cyclically Adjusted PS Ratio: 1.84 (As of Jul. 21, 2026) — 349% Above Median

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XKLS:8435 Concrete Engineering Products Bhd XKLS:8435
28 GF Score
Price RM3.51
GF Value RM0.58
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Concrete Engineering Products Bhd Cyclically Adjusted PS Ratio?

Concrete Engineering Products Bhd XKLS:8435 -2.50% 28 Cyclically Adjusted PS Ratio is 1.84 as of Jul. 21, 2026, which is 349% above its 10-year median of 0.41. GuruFocus rates XKLS:8435 with a GF Score™ of 28/100 and a GF Value™ of RM0.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 325 Building Materials companies, Concrete Engineering Products Bhd ranks worse than 68.92% on this metric.

As of today (2026-07-21), Concrete Engineering Products Bhd's current share price is RM3.51. Concrete Engineering Products Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was RM1.91. Concrete Engineering Products Bhd's Cyclically Adjusted PS Ratio for today is 1.84.

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

XKLS:8435' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.41   Max: 2.2
Current: 1.89

During the past years, Concrete Engineering Products Bhd's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 0.19. And the median was 0.41.

XKLS:8435's Cyclically Adjusted PS Ratio is ranked worse than
68.92% of 325 companies
in the Building Materials industry
Industry Median: 1.05 vs XKLS:8435: 1.89

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.

Concrete Engineering Products Bhd's adjusted revenue per share data for the three months ended in Feb. 2026 was RM0.143. 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 RM1.91 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Concrete Engineering Products Bhd  (XKLS:8435) 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.


Concrete Engineering Products Bhd Cyclically Adjusted PS Ratio Related Terms


Concrete Engineering Products Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Concrete Engineering Products 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.

Concrete Engineering Products Bhd Cyclically Adjusted PS Ratio Chart

Concrete Engineering Products Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.36 0.38 0.47 0.57

Concrete Engineering Products Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.53 0.53 0.57 0.59 0.57

XKLS:8435 vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Concrete Engineering Products 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.


Concrete Engineering Products Bhd Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Concrete Engineering Products Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8435
28GF Score
Concrete Engineering Products Bhd XKLS:8435
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Concrete Engineering Products 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.

Concrete Engineering Products Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.51/1.91
=1.84

* 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.

Concrete Engineering Products Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Concrete Engineering Products Bhd's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.143/326.7850*326.7850
=0.143

Current CPI (Feb. 2026) = 326.7850.

Concrete Engineering Products Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 0.499 240.229 0.679
201608 0.786 240.849 1.066
201611 0.695 241.353 0.941
201702 0.466 243.603 0.625
201705 0.671 244.733 0.896
201708 0.573 245.519 0.763
201711 0.546 246.669 0.723
201802 0.564 248.991 0.740
201805 0.568 251.588 0.738
201808 0.481 252.146 0.623
201811 0.418 252.038 0.542
201902 0.330 252.776 0.427
201905 0.336 256.092 0.429
201908 0.278 256.558 0.354
201911 0.420 257.208 0.534
202002 0.331 258.678 0.418
202005 0.125 256.394 0.159
202008 0.197 259.918 0.248
202011 0.257 260.229 0.323
202102 0.234 263.014 0.291
202105 0.321 269.195 0.390
202108 0.320 273.567 0.382
202111 0.449 277.948 0.528
202202 0.505 283.716 0.582
202205 0.493 292.296 0.551
202208 0.540 296.171 0.596
202211 0.532 297.711 0.584
202302 0.351 300.840 0.381
202305 0.406 304.127 0.436
202308 0.488 307.026 0.519
202311 0.545 307.051 0.580
202402 0.394 310.326 0.415
202405 0.222 314.069 0.231
202408 0.232 314.796 0.241
202411 0.161 315.493 0.167
202502 0.141 319.082 0.144
202505 0.123 321.465 0.125
202508 0.372 323.976 0.375
202511 0.175 324.122 0.176
202602 0.143 326.785 0.143

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 1.84 mean?
Concrete Engineering Products Bhd (XKLS:8435) has a Cyclically Adjusted PS Ratio of 1.84 as of Jul. 21, 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 Concrete Engineering Products Bhd and its competitors. This is 349% above median its historical median of 0.41. Over the past decade, Concrete Engineering Products Bhd's Cyclically Adjusted PS Ratio has ranged from 0.19 to 2.20. According to the industry distribution chart, Concrete Engineering Products Bhd ranks #224 out of 325 companies in the Building Materials industry, placing it in the top 68.9%.
Is Concrete Engineering Products Bhd's Cyclically Adjusted PS Ratio too high?
Concrete Engineering Products Bhd's current Cyclically Adjusted PS Ratio of 1.84 is 349% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.20. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.05. Concrete Engineering Products Bhd's value of 1.84 is 75.2% above this industry median. Based on the distribution chart, Concrete Engineering Products Bhd ranks #224 out of 325 companies in the Building Materials industry, which is below the industry midpoint. Overall, Concrete Engineering Products Bhd has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrete Engineering Products Bhd's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Concrete Engineering Products Bhd ranks #224 out of 325 companies for Cyclically Adjusted PS Ratio. This places Concrete Engineering Products Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Concrete Engineering Products Bhd's value of 1.84 is 75.2% above this benchmark. Historically, Concrete Engineering Products Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 2.20 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.05, Concrete Engineering Products 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.05, based on 325 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. Concrete Engineering Products Bhd's current Cyclically Adjusted PS Ratio of 1.84 is 75.2% 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 Concrete Engineering Products Bhd and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concrete Engineering Products Bhd's current Cyclically Adjusted PS Ratio is 1.84, which is 349% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrete Engineering Products Bhd stock overvalued right now?
Based on GuruFocus' analysis, Concrete Engineering Products Bhd (XKLS:8435) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.58, compared to a current price of RM3.51 — trading 505.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.84, which is 349% above median its 10-year median of 0.41 and 75.2% above the Building Materials industry median of 1.05. Concrete Engineering Products Bhd's overall GF Score™ is 28/100 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 Concrete Engineering Products Bhd (XKLS:8435), the current Cyclically Adjusted PS Ratio is 1.84 as of Jul. 21, 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 Concrete Engineering Products Bhd (XKLS:8435) Overvalued in 2026?

Based on GuruFocus' analysis, Concrete Engineering Products Bhd stock appears to be overvalued. The current stock price of RM3.51 is trading 505.2% above its estimated GF Value™ of RM0.58. GuruFocus considers Concrete Engineering Products Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:8435:

  • Cyclically Adjusted PS Ratio: 1.84 (349% above median its 10-year median of 0.41)
  • GF Value™: RM0.58 vs. price of RM3.51 (505.2% above fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 75.2% above the Building Materials median (#224 of 325)

No single metric tells the full story. See the XKLS:8435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concrete Engineering Products Bhd Business Description

Address Jalan Sultan Ismail, 26th Floor, Menara Promet KH, Kuala Lumpur, SGR, MYS, 50250
Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation purposes in buildings, pile embankments, bridges, ports, and marine structures. The poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives the majority of its revenue from Malaysia and also operates in Southeast Asia.
28GF Score

Get the complete analysis for XKLS:8435

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

RM3.51
Price
RM0.58
GF Value