Multi-Usage Holdings Bhd (XKLS:9539) Cyclically Adjusted PS Ratio: 1.41 (As of Jul. 23, 2026) — 25% Above Median

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XKLS:9539 Multi-Usage Holdings Bhd XKLS:9539
59 GF Score
Price RM0.38
GF Value RM0.45
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Multi-Usage Holdings Bhd Cyclically Adjusted PS Ratio?

Multi-Usage Holdings Bhd XKLS:9539 59 Cyclically Adjusted PS Ratio is 1.41 as of Jul. 23, 2026, which is 25% above its 10-year median of 1.13. GuruFocus rates XKLS:9539 with a GF Score™ of 59/100 and a GF Value™ of RM0.45 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,359 Real Estate companies, Multi-Usage Holdings Bhd ranks better than 57.32% on this metric.

As of today (2026-07-23), Multi-Usage Holdings Bhd's current share price is RM0.38. Multi-Usage Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.27. Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio for today is 1.41.

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

XKLS:9539' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.13   Max: 1.72
Current: 1.4

During the past years, Multi-Usage Holdings Bhd's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.58. And the median was 1.13.

XKLS:9539's Cyclically Adjusted PS Ratio is ranked better than
57.32% of 1359 companies
in the Real Estate industry
Industry Median: 1.83 vs XKLS:9539: 1.40

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.

Multi-Usage Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.106. 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 RM0.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multi-Usage Holdings Bhd  (XKLS:9539) 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.


Multi-Usage Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Multi-Usage Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Multi-Usage Holdings 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.

Multi-Usage Holdings Bhd Cyclically Adjusted PS Ratio Chart

Multi-Usage Holdings Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.02 0.99 0.99 1.30

Multi-Usage Holdings 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 1.13 1.30 1.29 1.30 1.25

Multi-Usage Holdings Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Multi-Usage Holdings 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.


Multi-Usage Holdings Bhd Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio falls into.


XKLS:9539
59GF Score
Multi-Usage Holdings Bhd XKLS:9539
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multi-Usage Holdings 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.

Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.38/0.27
=1.41

* 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.

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

For example, Multi-Usage Holdings 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)
=0.106/330.2130*330.2130
=0.106

Current CPI (Mar. 2026) = 330.2130.

Multi-Usage Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.017 241.018 0.023
201609 0.112 241.428 0.153
201612 0.063 241.432 0.086
201703 0.008 243.801 0.011
201706 0.126 244.955 0.170
201709 0.028 246.819 0.037
201712 0.003 246.524 0.004
201803 0.039 249.554 0.052
201806 0.043 251.989 0.056
201809 0.050 252.439 0.065
201812 0.056 251.233 0.074
201903 0.049 254.202 0.064
201906 0.058 256.143 0.075
201909 0.037 256.759 0.048
201912 0.019 256.974 0.024
202003 0.010 258.115 0.013
202006 0.007 257.797 0.009
202009 0.049 260.280 0.062
202012 0.063 260.474 0.080
202103 0.105 264.877 0.131
202106 0.144 271.696 0.175
202109 0.057 274.310 0.069
202112 0.099 278.802 0.117
202203 0.099 287.504 0.114
202206 0.103 296.311 0.115
202209 0.114 296.808 0.127
202212 0.041 296.797 0.046
202303 0.042 301.836 0.046
202306 0.055 305.109 0.060
202309 0.044 307.789 0.047
202312 0.015 306.746 0.016
202403 0.014 312.332 0.015
202406 0.132 314.175 0.139
202409 0.040 315.301 0.042
202412 0.041 315.605 0.043
202503 0.057 319.799 0.059
202506 0.054 322.561 0.055
202509 0.042 324.800 0.043
202512 0.040 324.054 0.041
202603 0.106 330.213 0.106

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 1.41 mean?
Multi-Usage Holdings Bhd (XKLS:9539) has a Cyclically Adjusted PS Ratio of 1.41 as of Jul. 23, 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 Multi-Usage Holdings Bhd and its competitors. This is 25% above median its historical median of 1.13. Over the past decade, Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.72. According to the industry distribution chart, Multi-Usage Holdings Bhd ranks #580 out of 1359 companies in the Real Estate industry, placing it in the top 42.7%.
Is Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio too high?
Multi-Usage Holdings Bhd's current Cyclically Adjusted PS Ratio of 1.41 is 25% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.72. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Multi-Usage Holdings Bhd's value of 1.41 is 23% below this industry median. Based on the distribution chart, Multi-Usage Holdings Bhd ranks #580 out of 1359 companies in the Real Estate industry, which is above the industry midpoint. Overall, Multi-Usage Holdings Bhd has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi-Usage Holdings Bhd's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Multi-Usage Holdings Bhd ranks #580 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Multi-Usage Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Multi-Usage Holdings Bhd's value of 1.41 is 23% below this benchmark. Historically, Multi-Usage Holdings Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.72 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.83, Multi-Usage Holdings 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. Multi-Usage Holdings Bhd's current Cyclically Adjusted PS Ratio of 1.41 is 23% 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 Multi-Usage Holdings 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. Multi-Usage Holdings Bhd's current Cyclically Adjusted PS Ratio is 1.41, which is 25% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Usage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Multi-Usage Holdings Bhd (XKLS:9539) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.45, compared to a current price of RM0.38 — trading 15.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is 25% above median its 10-year median of 1.13 and 23% below the Real Estate industry median of 1.83. Multi-Usage Holdings Bhd's overall GF Score™ is 59/100 with 3 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 Multi-Usage Holdings Bhd (XKLS:9539), the current Cyclically Adjusted PS Ratio is 1.41 as of Jul. 23, 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 Multi-Usage Holdings Bhd (XKLS:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Multi-Usage Holdings Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 15.6% below its estimated GF Value™ of RM0.45. GuruFocus considers Multi-Usage Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9539:

  • Cyclically Adjusted PS Ratio: 1.41 (25% above median its 10-year median of 1.13)
  • GF Value™: RM0.45 vs. price of RM0.38 (15.6% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 23% below the Real Estate median (#580 of 1359)

No single metric tells the full story. See the XKLS:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Multi-Usage Holdings Bhd Business Description

Address 39, Jalan Sultan Ahmad Shah, 12A-03, Menara Boustead Penang, George Town, PNG, MYS, 10050
Multi-Usage Holdings Bhd is a Malaysia-based company, which is engaged in the provision of fire resistance bricks, precast concrete hollow blocks, precast concrete paving blocks, allan blocks, precast reinforced concrete box culverts, and ready mix concrete. The company's segments includes Property Development, Contracting, and Others. Property development segment undertakes the development of commercial and residential properties. Contracting segment includes the contracting works for the construction project. Others segment consists of Investment holding and provision of management services.
59GF Score

Get the complete analysis for XKLS:9539

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

RM0.38
Price
RM0.45
GF Value