Sycal Ventures Bhd (XKLS:9717) Cyclically Adjusted PS Ratio: 0.74 (As of Aug. 03, 2026) — 80% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:9717 Sycal Ventures Bhd XKLS:9717
32 GF Score
Price RM0.17
GF Value RM0.16
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Sycal Ventures Bhd Cyclically Adjusted PS Ratio?

Sycal Ventures Bhd XKLS:9717 32 Cyclically Adjusted PS Ratio is 0.74 as of Aug. 03, 2026, which is 80% above its 10-year median of 0.41. GuruFocus rates XKLS:9717 with a GF Score™ of 32/100 and a GF Value™ of RM0.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Sycal Ventures Bhd ranks worse than 51.88% on this metric.

As of today (2026-08-03), Sycal Ventures Bhd's current share price is RM0.17. Sycal Ventures Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.23. Sycal Ventures Bhd's Cyclically Adjusted PS Ratio for today is 0.74.

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

XKLS:9717' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 0.75
Current: 0.75

During the past years, Sycal Ventures Bhd's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.27. And the median was 0.41.

XKLS:9717's Cyclically Adjusted PS Ratio is ranked worse than
51.88% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs XKLS:9717: 0.75

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.

Sycal Ventures Bhd's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.029. 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 RM0.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sycal Ventures Bhd  (XKLS:9717) 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.


Sycal Ventures Bhd Cyclically Adjusted PS Ratio Related Terms


Sycal Ventures Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sycal Ventures 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.

Sycal Ventures Bhd Cyclically Adjusted PS Ratio Chart

Sycal Ventures Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.29 0.32 0.51 0.69

Sycal Ventures 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 0.55 0.69 0.77 0.75 0.75

XKLS:9717 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Sycal Ventures 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.


Sycal Ventures Bhd Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sycal Ventures Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:9717
32GF Score
Sycal Ventures Bhd XKLS:9717
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sycal Ventures 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.17/0.23
=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.

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

For example, Sycal Ventures 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)
=0.029/330.2130*330.2130
=0.029

Current CPI (Mar. 2026) = 330.2130.

Sycal Ventures Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.107 241.018 0.147
201609 0.070 241.428 0.096
201612 0.189 241.432 0.259
201703 0.075 243.801 0.102
201706 0.050 244.955 0.067
201709 0.075 246.819 0.100
201712 0.055 246.524 0.074
201803 0.032 249.554 0.042
201806 0.030 251.989 0.039
201809 0.050 252.439 0.065
201812 0.068 251.233 0.089
201903 0.039 254.202 0.051
201906 0.021 256.143 0.027
201909 0.021 256.759 0.027
201912 0.046 256.974 0.059
202003 0.041 258.115 0.052
202006 0.016 257.797 0.020
202009 0.031 260.280 0.039
202012 0.043 260.474 0.055
202103 0.017 264.877 0.021
202106 0.000 271.696 0.000
202109 0.023 274.310 0.028
202112 0.043 278.802 0.051
202203 0.054 287.504 0.062
202206 0.041 296.311 0.046
202209 0.037 296.808 0.041
202212 0.054 296.797 0.060
202303 0.039 301.836 0.043
202306 0.039 305.109 0.042
202309 0.077 307.789 0.083
202312 0.045 306.746 0.048
202403 0.051 312.332 0.054
202406 0.010 314.175 0.011
202409 0.034 315.301 0.036
202412 0.017 315.605 0.018
202503 0.014 319.799 0.014
202506 0.047 322.561 0.048
202509 0.027 324.800 0.027
202512 0.030 324.054 0.031
202603 0.029 330.213 0.029

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?
Sycal Ventures Bhd (XKLS:9717) has a Cyclically Adjusted PS Ratio of 0.74 as of Aug. 03, 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 Sycal Ventures Bhd and its competitors. This is 80% above median its historical median of 0.41. Over the past decade, Sycal Ventures Bhd's Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.75. According to the industry distribution chart, Sycal Ventures Bhd ranks #705 out of 1359 companies in the Construction industry, placing it in the top 51.9%.
Is Sycal Ventures Bhd's Cyclically Adjusted PS Ratio too high?
Sycal Ventures Bhd's current Cyclically Adjusted PS Ratio of 0.74 is 80% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.75. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Sycal Ventures Bhd's value of 0.74 is 5.7% above this industry median. Based on the distribution chart, Sycal Ventures Bhd ranks #705 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Sycal Ventures Bhd has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sycal Ventures Bhd's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Sycal Ventures Bhd ranks #705 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Sycal Ventures Bhd in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Sycal Ventures Bhd's value of 0.74 is 5.7% above this benchmark. Historically, Sycal Ventures Bhd's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.75 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.70, Sycal Ventures Bhd has consistently been above 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, 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. Sycal Ventures Bhd's current Cyclically Adjusted PS Ratio of 0.74 is 5.7% above 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 Sycal Ventures Bhd and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sycal Ventures Bhd's current Cyclically Adjusted PS Ratio is 0.74, which is 80% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sycal Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sycal Ventures Bhd (XKLS:9717) is currently considered Fairly Valued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.17 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 80% above median its 10-year median of 0.41 and 5.7% above the Construction industry median of 0.70. Sycal Ventures Bhd's overall GF Score™ is 32/100 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 Sycal Ventures Bhd (XKLS:9717), the current Cyclically Adjusted PS Ratio is 0.74 as of Aug. 03, 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 Sycal Ventures Bhd (XKLS:9717) Overvalued in 2026?

Based on GuruFocus' analysis, Sycal Ventures Bhd stock appears to be overvalued. The current stock price of RM0.17 is trading 6.3% above its estimated GF Value™ of RM0.16. GuruFocus considers Sycal Ventures Bhd to be Fairly Valued.

Key valuation signals for XKLS:9717:

  • Cyclically Adjusted PS Ratio: 0.74 (80% above median its 10-year median of 0.41)
  • GF Value™: RM0.16 vs. price of RM0.17 (6.3% above fair value)
  • GF Score™: 32/100 with 6 warning signs
  • Industry Position: 5.7% above the Construction median (#705 of 1359)

No single metric tells the full story. See the XKLS:9717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sycal Ventures Bhd Business Description

Address 4 1/2 Miles, Jalan Kelang Lama, Lot 4.21, 4th Floor, Plaza Prima, Kuala Lumpur, MYS, 58200
Sycal Ventures Bhd is an investment holding company. Through its subsidiaries, the company operates as a contactor for building and civil engineering, property development and operator of convention hall facilities and turnkey contractor and operator of theme park, property investment, contractor for management and operator of plant and machinery, manufacturing and trading in ready mix concrete. The company has three reporting segments: i) Construction: Civil and building construction works, ii) Property development and management: Property development, property management and consultancy, and iii) Manufacturing and trading: Manufacturing and trading in ready-mix concrete and trading in building materials. The majority of revenue is generated from the Manufacturing and trading segment.
32GF Score

Get the complete analysis for XKLS:9717

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

RM0.17
Price
RM0.16
GF Value