KESM Industries Bhd (XKLS:9334) Cyclically Adjusted PS Ratio: 0.54 (As of Jul. 30, 2026) — 41% Below Median

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XKLS:9334 KESM Industries Bhd XKLS:9334
80 GF Score
Price RM4.10
GF Value RM3.89
Valuation Fairly Valued
! 6 Warning Signs
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What is KESM Industries Bhd Cyclically Adjusted PS Ratio?

KESM Industries Bhd XKLS:9334 -4.43% 80 Cyclically Adjusted PS Ratio is 0.54 as of Jul. 30, 2026, which is 41% below its 10-year median of 0.92. GuruFocus rates XKLS:9334 with a GF Score™ of 80/100 and a GF Value™ of RM3.89 (Fairly Valued). The stock has 6 warning signs investors should review. Among 732 Semiconductors companies, KESM Industries Bhd ranks better than 84.7% on this metric.

As of today (2026-07-30), KESM Industries Bhd's current share price is RM4.10. KESM Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was RM7.54. KESM Industries Bhd's Cyclically Adjusted PS Ratio for today is 0.54.

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

XKLS:9334' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.92   Max: 2.46
Current: 0.57

During the past years, KESM Industries Bhd's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.33. And the median was 0.92.

XKLS:9334's Cyclically Adjusted PS Ratio is ranked better than
84.7% of 732 companies
in the Semiconductors industry
Industry Median: 2.895 vs XKLS:9334: 0.57

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.

KESM Industries Bhd's adjusted revenue per share data for the three months ended in Apr. 2026 was RM1.240. 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 RM7.54 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KESM Industries Bhd  (XKLS:9334) 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.


KESM Industries Bhd Cyclically Adjusted PS Ratio Related Terms


KESM Industries Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for KESM 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.

KESM Industries Bhd Cyclically Adjusted PS Ratio Chart

KESM Industries Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 0.95 0.96 0.80 0.35

KESM Industries Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.38 0.35 0.48 0.42 0.54

XKLS:9334 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, KESM 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.


KESM Industries Bhd Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


XKLS:9334
80GF Score
KESM Industries Bhd XKLS:9334
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KESM 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.10/7.54
=0.54

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.24/333.0200*333.0200
=1.240

Current CPI (Apr. 2026) = 333.0200.

KESM Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.733 240.628 2.398
201610 1.864 241.729 2.568
201701 1.933 242.839 2.651
201704 1.976 244.524 2.691
201707 2.087 244.786 2.839
201710 2.109 246.663 2.847
201801 2.127 247.867 2.858
201804 1.914 250.546 2.544
201807 1.982 252.006 2.619
201810 1.896 252.885 2.497
201901 1.886 251.712 2.495
201904 1.716 255.548 2.236
201907 1.648 256.571 2.139
201910 1.683 257.346 2.178
202001 1.583 257.971 2.044
202004 1.261 256.389 1.638
202007 1.075 259.101 1.382
202010 1.421 260.388 1.817
202101 1.580 261.582 2.011
202104 1.421 267.054 1.772
202107 1.349 273.003 1.646
202110 1.594 276.589 1.919
202201 1.495 281.148 1.771
202204 1.353 289.109 1.558
202207 1.294 296.276 1.454
202210 1.227 298.012 1.371
202301 1.302 299.170 1.449
202304 1.345 303.363 1.476
202307 1.434 305.691 1.562
202310 1.477 307.671 1.599
202401 1.436 308.417 1.551
202404 1.423 313.548 1.511
202407 1.314 314.540 1.391
202410 1.228 315.664 1.296
202501 1.195 317.671 1.253
202504 1.228 320.795 1.275
202507 1.244 323.048 1.282
202510 1.233 0.000
202601 1.276 325.252 1.306
202604 1.240 333.020 1.240

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 0.54 mean?
KESM Industries Bhd (XKLS:9334) has a Cyclically Adjusted PS Ratio of 0.54 as of Jul. 30, 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 KESM Industries Bhd and its competitors. This is 41% below median its historical median of 0.92. Over the past decade, KESM Industries Bhd's Cyclically Adjusted PS Ratio has ranged from 0.33 to 2.46. According to the industry distribution chart, KESM Industries Bhd ranks #112 out of 732 companies in the Semiconductors industry, placing it in the top 15.3%.
Is KESM Industries Bhd's Cyclically Adjusted PS Ratio too high?
KESM Industries Bhd's current Cyclically Adjusted PS Ratio of 0.54 is 41% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.46. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.90. KESM Industries Bhd's value of 0.54 is 81.3% below this industry median. Based on the distribution chart, KESM Industries Bhd ranks #112 out of 732 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, KESM Industries Bhd has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KESM Industries Bhd's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, KESM Industries Bhd ranks #112 out of 732 companies for Cyclically Adjusted PS Ratio. This places KESM Industries Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.90. KESM Industries Bhd's value of 0.54 is 81.3% below this benchmark. Historically, KESM Industries Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.33 to 2.46 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 2.90, KESM Industries 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.90, based on 732 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. KESM Industries Bhd's current Cyclically Adjusted PS Ratio of 0.54 is 81.3% 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 KESM Industries Bhd and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KESM Industries Bhd's current Cyclically Adjusted PS Ratio is 0.54, which is 41% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KESM Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, KESM Industries Bhd (XKLS:9334) is currently considered Fairly Valued. The stock's GF Value™ is RM3.89, compared to a current price of RM4.10 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.54, which is 41% below median its 10-year median of 0.92 and 81.3% below the Semiconductors industry median of 2.90. KESM Industries Bhd's overall GF Score™ is 80/100 with 6 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 KESM Industries Bhd (XKLS:9334), the current Cyclically Adjusted PS Ratio is 0.54 as of Jul. 30, 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 KESM Industries Bhd (XKLS:9334) Overvalued in 2026?

Based on GuruFocus' analysis, KESM Industries Bhd stock appears to be overvalued. The current stock price of RM4.10 is trading 5.4% above its estimated GF Value™ of RM3.89. GuruFocus considers KESM Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:9334:

  • Cyclically Adjusted PS Ratio: 0.54 (41% below median its 10-year median of 0.92)
  • GF Value™: RM3.89 vs. price of RM4.10 (5.4% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 81.3% below the Semiconductors median (#112 of 732)

No single metric tells the full story. See the XKLS:9334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KESM Industries Bhd Business Description

Address 17 Jalan SS7/26, 802, 8th Floor, Block C, Kelana Square, Petaling Jaya, SGR, MYS, 47301
KESM Industries Bhd operates through a single business segment, providing essential burn-in and testing services that ensure the reliability of semiconductors, including microprocessors, microcontrollers, and advanced sensors. Serving the semiconductor industry, the company's products support technologies across the automotive, industrial, consumer, and commercial sectors internationally. Its customer base spans key markets in the United States, Europe, and the Asia Pacific, with sales concentrated mainly in Malaysia, the People's Republic of China, Singapore, and other regions, and the majority of revenue comes from Malaysia.
80GF Score

Get the complete analysis for XKLS:9334

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

RM4.10
Price
RM3.89
GF Value