Industronics Bhd (XKLS:9393) Cyclically Adjusted PS Ratio: (As of Aug. 02, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Industronics Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Industronics Bhd  (XKLS:9393) 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.


Industronics Bhd Cyclically Adjusted PS Ratio Related Terms


Industronics Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Industronics 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.

Industronics Bhd Cyclically Adjusted PS Ratio Chart

Industronics Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.30 0.27 0.14 0.12

Industronics Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.00 0.12 0.10 0.15 0.00

XKLS:9393 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Industronics 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.


Industronics Bhd Cyclically Adjusted PS Ratio vs Hardware Industry

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

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



Industronics 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.

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

For example, Industronics 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)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

Industronics Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.018 238.132 0.025
201606 0.048 241.018 0.066
201609 0.058 241.428 0.079
201612 0.117 241.432 0.160
201703 0.147 243.801 0.199
201706 0.172 244.955 0.232
201709 0.194 246.819 0.260
201712 0.121 246.524 0.162
201803 0.105 249.554 0.139
201806 0.116 251.989 0.152
201809 0.088 252.439 0.115
201812 0.013 251.233 0.017
201903 0.016 254.202 0.021
201906 0.036 256.143 0.046
201909 0.029 256.759 0.037
201912 0.030 256.974 0.039
202003 0.023 258.115 0.029
202006 0.012 257.797 0.015
202009 0.019 260.280 0.024
202012 0.058 260.474 0.074
202103 0.025 264.877 0.031
202106 0.049 271.696 0.060
202109 0.034 274.310 0.041
202112 0.038 278.802 0.045
202203 0.016 287.504 0.018
202206 0.015 296.311 0.017
202209 0.017 296.808 0.019
202212 0.028 296.797 0.031
202303 0.012 301.836 0.013
202309 0.043 307.789 0.046
202312 0.010 306.746 0.011
202403 0.024 312.332 0.025
202406 0.001 314.175 0.001
202409 0.007 315.301 0.007
202412 0.009 315.605 0.009
202503 0.000 319.799 0.000
202506 0.003 322.561 0.003
202509 0.013 324.800 0.013
202512 0.025 324.054 0.025
202603 0.000 330.213 0.000

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.


Industronics Bhd Business Description

Address No.18, Jalan Persiaran Barat, Unit No. EL-11-01, Amcorp Business Suite, Menara Melawangi, Pusat Perdagangan Amcorp, Petaling Jaya, SGR, MYS, 46050
Industronics Bhd is engaged in design and manufacturing of electronic products. The operating segment of the company are Electronics and system integration; Security systems, mechanical and electrical engineering; and Trading and services operations and Food and beverage. Its revenue generating segment Trading & services involves in trading of precision instruments (watches), provision of cloud service and general trading, maintenance, and supply of industrial electronic equipment. Intelligent transportation system and system integration projects involving Information Communication Technology, supply and service of telecommunication equipment, audio visual multimedia systems. Geographically, the company mainly operates in Malaysia and Hong Kong.