AppAsia Bhd (XKLS:0119) Cyclically Adjusted Revenue per Share: RM0.08 (As of Mar. 2026)

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XKLS:0119 AppAsia Bhd XKLS:0119
40 GF Score
Price RM0.13
GF Value RM0.10
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is AppAsia Bhd Cyclically Adjusted Revenue per Share?

AppAsia Bhd XKLS:0119 +13.64% 40 Cyclically Adjusted Revenue per Share is RM0.08 as of Mar. 2026. GuruFocus rates XKLS:0119 with a GF Score™ of 40/100 and a GF Value™ of RM0.10 (Modestly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

AppAsia Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.005. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is RM0.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AppAsia Bhd's average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of AppAsia Bhd was 5.30% per year. The lowest was 0.00% per year. And the median was 4.60% per year.

As of today (2026-07-20), AppAsia Bhd's current stock price is RM0.125. AppAsia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.08. AppAsia Bhd's Cyclically Adjusted PS Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AppAsia Bhd was 4.81. The lowest was 0.86. And the median was 1.56.


AppAsia Bhd  (XKLS:0119) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

AppAsia Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.125/0.08
=1.56

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AppAsia Bhd was 4.81. The lowest was 0.86. And the median was 1.56.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


AppAsia Bhd Cyclically Adjusted Revenue per Share Related Terms


AppAsia Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for AppAsia Bhd's Cyclically Adjusted Revenue per Share 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.

AppAsia Bhd Cyclically Adjusted Revenue per Share Chart

AppAsia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.07 0.07 0.08

AppAsia 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 Revenue per Share 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 0.07 0.07 0.08 0.08 0.08

XKLS:0119 vs UBER, SHOP, CRM: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, AppAsia 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.


AppAsia Bhd Cyclically Adjusted PS Ratio vs Software Industry

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

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


XKLS:0119
40GF Score
AppAsia Bhd XKLS:0119
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppAsia Bhd Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, AppAsia 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)
=0.005/330.2130*330.2130
=0.005

Current CPI (Mar. 2026) = 330.2130.

AppAsia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.001 241.018 0.001
201609 0.001 241.428 0.001
201612 0.001 241.432 0.001
201703 0.001 243.801 0.001
201706 0.007 244.955 0.009
201709 0.059 246.819 0.079
201712 0.057 246.524 0.076
201803 0.050 249.554 0.066
201806 0.032 251.989 0.042
201809 0.043 252.439 0.056
201812 0.039 251.233 0.051
201903 0.012 254.202 0.016
201906 0.034 256.143 0.044
201909 0.023 256.759 0.030
201912 0.019 256.974 0.024
202003 0.022 258.115 0.028
202006 0.020 257.797 0.026
202009 0.010 260.280 0.013
202012 0.011 260.474 0.014
202103 0.013 264.877 0.016
202106 0.014 271.696 0.017
202109 0.007 274.310 0.008
202112 0.020 278.802 0.024
202203 0.022 287.504 0.025
202206 0.015 296.311 0.017
202209 0.005 296.808 0.006
202212 0.005 296.797 0.006
202303 0.004 301.836 0.004
202306 0.004 305.109 0.004
202309 0.006 307.789 0.006
202312 0.005 306.746 0.005
202403 0.006 312.332 0.006
202406 0.006 314.175 0.006
202409 0.006 315.301 0.006
202412 0.005 315.605 0.005
202503 0.006 319.799 0.006
202506 0.005 322.561 0.005
202509 0.006 324.800 0.006
202512 0.005 324.054 0.005
202603 0.005 330.213 0.005

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of RM0.08 mean?
AppAsia Bhd (XKLS:0119) has a Cyclically Adjusted Revenue per Share of RM0.08 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on AppAsia Bhd and its competitors.
Is AppAsia Bhd's Cyclically Adjusted Revenue per Share too high?
AppAsia Bhd's current Cyclically Adjusted Revenue per Share is RM0.08. Overall, AppAsia Bhd has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's Cyclically Adjusted Revenue per Share compare to UBER and SHOP?
AppAsia Bhd's Cyclically Adjusted Revenue per Share of RM0.08 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on AppAsia Bhd and its competitors. AppAsia Bhd's current Cyclically Adjusted Revenue per Share is RM0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.13 — trading 25% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.08. AppAsia Bhd's overall GF Score™ is 40/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For AppAsia Bhd (XKLS:0119), the current Cyclically Adjusted Revenue per Share is RM0.08 as of Mar. 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?

Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued. The current stock price of RM0.13 is trading 25% above its estimated GF Value™ of RM0.10. GuruFocus considers AppAsia Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0119:

  • Cyclically Adjusted Revenue per Share: RM0.08
  • GF Value™: RM0.10 vs. price of RM0.13 (25% above fair value)
  • GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppAsia Bhd Business Description

Address No. 105 Jalan Ampang, 1-40-1, Menara Bangkok Bank, Berjaya Central Park, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
40GF Score

Get the complete analysis for XKLS:0119

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

RM0.13
Price
RM0.10
GF Value