Salcon Bhd (XKLS:8567) Cyclically Adjusted PS Ratio: 0.81 (As of Jul. 20, 2026) — 21% Below Median

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XKLS:8567 Salcon Bhd XKLS:8567
46 GF Score
Price RM0.21
GF Value RM0.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Salcon Bhd Cyclically Adjusted PS Ratio?

Salcon Bhd XKLS:8567 46 Cyclically Adjusted PS Ratio is 0.81 as of Jul. 20, 2026, which is 21% below its 10-year median of 1.02. GuruFocus rates XKLS:8567 with a GF Score™ of 46/100 and a GF Value™ of RM0.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 156 Waste Management companies, Salcon Bhd ranks better than 66.03% on this metric.

As of today (2026-07-20), Salcon Bhd's current share price is RM0.21. Salcon Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.26. Salcon Bhd's Cyclically Adjusted PS Ratio for today is 0.81.

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

XKLS:8567' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.02   Max: 1.91
Current: 0.81

During the past years, Salcon Bhd's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.72. And the median was 1.02.

XKLS:8567's Cyclically Adjusted PS Ratio is ranked better than
66.03% of 156 companies
in the Waste Management industry
Industry Median: 1.36 vs XKLS:8567: 0.81

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.

Salcon Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.062. 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 RM0.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salcon Bhd  (XKLS:8567) 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.


Salcon Bhd Cyclically Adjusted PS Ratio Related Terms


Salcon Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Salcon 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.

Salcon Bhd Cyclically Adjusted PS Ratio Chart

Salcon 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 1.12 1.03 1.33 1.23 1.00

Salcon 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 1.43 1.22 1.00 1.00 0.87

XKLS:8567 vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Salcon 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.


Salcon Bhd Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Salcon Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8567
46GF Score
Salcon Bhd XKLS:8567
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salcon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.21/0.26
=0.81

* 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.

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

For example, Salcon 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)
=0.062/330.2130*330.2130
=0.062

Current CPI (Mar. 2026) = 330.2130.

Salcon Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.022 241.018 0.030
201609 0.023 241.428 0.031
201612 0.039 241.432 0.053
201703 0.021 243.801 0.028
201706 0.023 244.955 0.031
201709 0.019 246.819 0.025
201712 0.152 246.524 0.204
201803 0.022 249.554 0.029
201806 0.031 251.989 0.041
201809 0.037 252.439 0.048
201812 0.046 251.233 0.060
201903 0.034 254.202 0.044
201906 0.064 256.143 0.083
201909 0.045 256.759 0.058
201912 0.064 256.974 0.082
202003 0.052 258.115 0.067
202006 0.028 257.797 0.036
202009 0.070 260.280 0.089
202012 0.056 260.474 0.071
202103 0.041 264.877 0.051
202106 0.258 271.696 0.314
202109 0.070 274.310 0.084
202112 -0.082 278.802 -0.097
202203 0.048 287.504 0.055
202206 0.053 296.311 0.059
202209 0.037 296.808 0.041
202212 0.063 296.797 0.070
202303 0.036 301.836 0.039
202306 0.022 305.109 0.024
202309 0.042 307.789 0.045
202312 0.052 306.746 0.056
202403 0.047 312.332 0.050
202406 0.096 314.175 0.101
202409 0.068 315.301 0.071
202412 0.081 315.605 0.085
202503 0.175 319.799 0.181
202506 0.047 322.561 0.048
202509 0.062 324.800 0.063
202512 0.066 324.054 0.067
202603 0.062 330.213 0.062

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 0.81 mean?
Salcon Bhd (XKLS:8567) has a Cyclically Adjusted PS Ratio of 0.81 as of Jul. 20, 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 Salcon Bhd and its competitors. This is 21% below median its historical median of 1.02. Over the past decade, Salcon Bhd's Cyclically Adjusted PS Ratio has ranged from 0.72 to 1.91. According to the industry distribution chart, Salcon Bhd ranks #53 out of 156 companies in the Waste Management industry, placing it in the top 34%.
Is Salcon Bhd's Cyclically Adjusted PS Ratio too high?
Salcon Bhd's current Cyclically Adjusted PS Ratio of 0.81 is 21% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.91. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.36. Salcon Bhd's value of 0.81 is 40.4% below this industry median. Based on the distribution chart, Salcon Bhd ranks #53 out of 156 companies in the Waste Management industry, which is above the industry midpoint. Overall, Salcon Bhd has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salcon Bhd's Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Salcon Bhd ranks #53 out of 156 companies for Cyclically Adjusted PS Ratio. This puts Salcon Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Salcon Bhd's value of 0.81 is 40.4% below this benchmark. Historically, Salcon Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.72 to 1.91 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.36, Salcon 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 Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.36, based on 156 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. Salcon Bhd's current Cyclically Adjusted PS Ratio of 0.81 is 40.4% 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 Salcon Bhd and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salcon Bhd's current Cyclically Adjusted PS Ratio is 0.81, which is 21% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salcon Bhd stock overvalued right now?
Based on GuruFocus' analysis, Salcon Bhd (XKLS:8567) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.21 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 21% below median its 10-year median of 1.02 and 40.4% below the Waste Management industry median of 1.36. Salcon Bhd's overall GF Score™ is 46/100 with 4 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 Salcon Bhd (XKLS:8567), the current Cyclically Adjusted PS Ratio is 0.81 as of Jul. 20, 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 Salcon Bhd (XKLS:8567) Overvalued in 2026?

Based on GuruFocus' analysis, Salcon Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 19.2% below its estimated GF Value™ of RM0.26. GuruFocus considers Salcon Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8567:

  • Cyclically Adjusted PS Ratio: 0.81 (21% below median its 10-year median of 1.02)
  • GF Value™: RM0.26 vs. price of RM0.21 (19.2% below fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 40.4% below the Waste Management median (#53 of 156)

No single metric tells the full story. See the XKLS:8567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Salcon Bhd Business Description

Address Menara Summit, 15th Floor, Persiaran Kewajipan, USJ 1, UEP, Subang Jaya, SGR, MYS, 47600
Salcon Bhd is a water and wastewater engineering company. The company operates in five reportable segments that are Engineering & Constructions, Trading & Services, Glove Manufacturing, Property Development, and Healthcare Services. The company generates maximum revenue from the Engineering & Construction segment. The company operates in Malaysia, the United States, Sri Lanka, India, the United Kingdom, Vietnam, and others, out of which Malaysia accounts for the majority of the revenue.
46GF Score

Get the complete analysis for XKLS:8567

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

RM0.21
Price
RM0.26
GF Value