S P Setia Bhd (XKLS:8664) Cyclically Adjusted PS Ratio: 0.74 (As of Jul. 22, 2026) — Near Median

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XKLS:8664 S P Setia Bhd XKLS:8664
56 GF Score
Price RM0.92
GF Value RM0.98
Valuation Fairly Valued
! 4 Warning Signs
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What is S P Setia Bhd Cyclically Adjusted PS Ratio?

S P Setia Bhd XKLS:8664 -3.17% 56 Cyclically Adjusted PS Ratio is 0.74 as of Jul. 22, 2026, which is 4% below its 10-year median of 0.77. GuruFocus rates XKLS:8664 with a GF Score™ of 56/100 and a GF Value™ of RM0.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,359 Real Estate companies, S P Setia Bhd ranks better than 71.6% on this metric.

As of today (2026-07-22), S P Setia Bhd's current share price is RM0.915. S P Setia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.23. S P Setia Bhd's Cyclically Adjusted PS Ratio for today is 0.74.

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

XKLS:8664' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.77   Max: 1.61
Current: 0.77

During the past years, S P Setia Bhd's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.28. And the median was 0.77.

XKLS:8664's Cyclically Adjusted PS Ratio is ranked better than
71.6% of 1359 companies
in the Real Estate industry
Industry Median: 1.83 vs XKLS:8664: 0.77

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.

S P Setia Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.157. 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 RM1.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


S P Setia Bhd  (XKLS:8664) 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.


S P Setia Bhd Cyclically Adjusted PS Ratio Related Terms


S P Setia Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for S P Setia 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.

S P Setia Bhd Cyclically Adjusted PS Ratio Chart

S P Setia 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 0.91 0.41 0.55 1.04 0.59

S P Setia 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 0.86 0.83 0.80 0.59 0.70

S P Setia Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, S P Setia 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.


S P Setia Bhd Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, S P Setia Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8664
56GF Score
S P Setia Bhd XKLS:8664
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S P Setia 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.

S P Setia Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.915/1.23
=0.74

* 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.

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

For example, S P Setia 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)
=0.157/330.2130*330.2130
=0.157

Current CPI (Mar. 2026) = 330.2130.

S P Setia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.373 241.018 0.511
201609 0.445 241.428 0.609
201612 0.597 241.432 0.817
201703 0.263 243.801 0.356
201706 0.222 244.955 0.299
201709 0.263 246.819 0.352
201712 0.326 246.524 0.437
201803 0.154 249.554 0.204
201806 0.206 251.989 0.270
201809 0.218 252.439 0.285
201812 0.257 251.233 0.338
201903 0.217 254.202 0.282
201906 0.331 256.143 0.427
201909 0.229 256.759 0.295
201912 0.196 256.974 0.252
202003 0.173 258.115 0.221
202006 0.081 257.797 0.104
202009 0.265 260.280 0.336
202012 0.273 260.474 0.346
202103 0.258 264.877 0.322
202106 0.266 271.696 0.323
202109 0.146 274.310 0.176
202112 0.252 278.802 0.298
202203 0.212 287.504 0.243
202206 0.250 296.311 0.279
202209 0.211 296.808 0.235
202212 0.418 296.797 0.465
202303 0.237 301.836 0.259
202306 0.231 305.109 0.250
202309 0.265 307.789 0.284
202312 0.330 306.746 0.355
202403 0.283 312.332 0.299
202406 0.289 314.175 0.304
202409 0.241 315.301 0.252
202412 0.204 315.605 0.213
202503 0.147 319.799 0.152
202506 0.179 322.561 0.183
202509 0.166 324.800 0.169
202512 0.310 324.054 0.316
202603 0.157 330.213 0.157

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 0.74 mean?
S P Setia Bhd (XKLS:8664) has a Cyclically Adjusted PS Ratio of 0.74 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 S P Setia Bhd and its competitors. This is near median its historical median of 0.77. Over the past decade, S P Setia Bhd's Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.61. According to the industry distribution chart, S P Setia Bhd ranks #386 out of 1359 companies in the Real Estate industry, placing it in the top 28.4%.
Is S P Setia Bhd's Cyclically Adjusted PS Ratio too high?
S P Setia Bhd's current Cyclically Adjusted PS Ratio of 0.74 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.61. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. S P Setia Bhd's value of 0.74 is 59.6% below this industry median. Based on the distribution chart, S P Setia Bhd ranks #386 out of 1359 companies in the Real Estate industry, which is above the industry midpoint. Overall, S P Setia Bhd has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does S P Setia Bhd's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, S P Setia Bhd ranks #386 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts S P Setia Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. S P Setia Bhd's value of 0.74 is 59.6% below this benchmark. Historically, S P Setia Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.61 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.83, S P Setia 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,359 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. S P Setia Bhd's current Cyclically Adjusted PS Ratio of 0.74 is 59.6% 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 S P Setia Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S P Setia Bhd's current Cyclically Adjusted PS Ratio is 0.74, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S P Setia Bhd stock overvalued right now?
Based on GuruFocus' analysis, S P Setia Bhd (XKLS:8664) is currently considered Fairly Valued. The stock's GF Value™ is RM0.98, compared to a current price of RM0.92 — trading 6.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is near median its 10-year median of 0.77 and 59.6% below the Real Estate industry median of 1.83. S P Setia Bhd's overall GF Score™ is 56/100 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 S P Setia Bhd (XKLS:8664), the current Cyclically Adjusted PS Ratio is 0.74 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 S P Setia Bhd (XKLS:8664) Overvalued in 2026?

Based on GuruFocus' analysis, S P Setia Bhd stock appears to be undervalued. The current stock price of RM0.92 is trading 6.6% below its estimated GF Value™ of RM0.98. GuruFocus considers S P Setia Bhd to be Fairly Valued.

Key valuation signals for XKLS:8664:

  • Cyclically Adjusted PS Ratio: 0.74 (near median its 10-year median of 0.77)
  • GF Value™: RM0.98 vs. price of RM0.92 (6.6% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 59.6% below the Real Estate median (#386 of 1359)

No single metric tells the full story. See the XKLS:8664 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S P Setia Bhd Business Description

Address 12, Persiaran Setia Dagang, Setia Alam, Seksyen U13, S P Setia Berhad Corporate HQ, Shah Alam, SGR, MYS, 40170
S P Setia Bhd is a general real estate company that reports in two segments: Property Development; and Construction, Investment Holding & others. The vast majority of the company's revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Its construction, investment holding & others segment focuses on construction, manufacturing, trading, and investing.
56GF Score

Get the complete analysis for XKLS:8664

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

RM0.92
Price
RM0.98
GF Value