Hwa Tai Industries Bhd (XKLS:8478) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:8478 Hwa Tai Industries Bhd XKLS:8478
41 GF Score
Price RM0.39
GF Value RM0.60
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Hwa Tai Industries Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hwa Tai Industries Bhd  (XKLS:8478) 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.


Hwa Tai Industries Bhd Cyclically Adjusted PS Ratio Related Terms


Hwa Tai Industries Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hwa Tai Industries 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.

Hwa Tai Industries Bhd Cyclically Adjusted PS Ratio Chart

Hwa Tai Industries 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 0.55 0.45 0.44 0.46 0.36

Hwa Tai Industries Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.42 0.37 0.36 0.33 0.32

XKLS:8478 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Hwa Tai Industries 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.


Hwa Tai Industries Bhd Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8478
41GF Score
Hwa Tai Industries Bhd XKLS:8478
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwa Tai Industries 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.

Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hwa Tai Industries Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.327/333.9520*333.9520
=0.327

Current CPI (Jun. 2026) = 333.9520.

Hwa Tai Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.175 241.428 0.242
201612 0.234 241.432 0.324
201703 0.200 243.801 0.274
201706 0.210 244.955 0.286
201709 0.204 246.819 0.276
201712 0.249 246.524 0.337
201803 0.204 249.554 0.273
201806 0.213 251.989 0.282
201809 0.204 252.439 0.270
201812 0.244 251.233 0.324
201903 0.205 254.202 0.269
201906 0.210 256.143 0.274
201909 0.207 256.759 0.269
201912 0.251 256.974 0.326
202003 0.236 258.115 0.305
202006 0.256 257.797 0.332
202009 0.238 260.280 0.305
202012 0.271 260.474 0.347
202103 0.270 264.877 0.340
202106 0.202 271.696 0.248
202109 0.259 274.310 0.315
202112 0.250 278.802 0.299
202203 0.250 287.504 0.290
202206 0.220 296.311 0.248
202209 0.242 296.808 0.272
202212 0.307 296.797 0.345
202303 0.255 301.836 0.282
202306 0.201 305.109 0.220
202309 0.279 307.789 0.303
202312 0.343 306.746 0.373
202403 0.329 312.332 0.352
202406 0.267 314.175 0.284
202409 0.329 315.301 0.348
202412 0.409 315.605 0.433
202503 0.313 319.799 0.327
202506 0.302 322.561 0.313
202509 0.363 324.800 0.373
202512 0.447 324.054 0.461
202603 0.356 330.213 0.360
202606 0.327 333.952 0.327

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.

Is Hwa Tai Industries Bhd (XKLS:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Tai Industries Bhd stock appears to be undervalued. The current stock price of RM0.39 is trading 35% below its estimated GF Value™ of RM0.60. GuruFocus considers Hwa Tai Industries Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8478:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: RM0.60 vs. price of RM0.39 (35% below fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the XKLS:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Tai Industries Bhd Business Description

Address Jalan ML 16, ML-16 Industrial Park, No. L9, Seri Kembangan, SGR, MYS, 43300
Hwa Tai Industries Bhd operates as a biscuit manufacturing and investment holding. Its activities are biscuit manufacturing, property holding, and trading. It operates through the following segments: Manufacturing and Trading. The company's products include crackers, cookies, assorted biscuits, cakes, and cream sandwiches, and are marketed under the brand names of Hwa Tai and Luxury. The majority of revenue is from the Manufacturing segment. Geographically, it operates in Malaysia, Thailand, the Philippines, Mauritius, and Other countries, with the majority is from Malaysia.
41GF Score

Get the complete analysis for XKLS:8478

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

RM0.39
Price
RM0.60
GF Value