Bursa Malaysia Bhd (XKLS:1818) Cyclically Adjusted Revenue per Share: RM0.92 (As of Mar. 2026)

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XKLS:1818 Bursa Malaysia Bhd XKLS:1818
88 GF Score
Price RM8.59
GF Value RM9.17
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Bursa Malaysia Bhd Cyclically Adjusted Revenue per Share?

Bursa Malaysia Bhd XKLS:1818 -0.58% 88 Cyclically Adjusted Revenue per Share is RM0.92 as of Mar. 2026. GuruFocus rates XKLS:1818 with a GF Score™ of 88/100 and a GF Value™ of RM9.17 (Fairly Valued). The stock has 8 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.

Bursa Malaysia Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.256. 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 RM0.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bursa Malaysia Bhd's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 Bursa Malaysia Bhd was 7.40% per year. The lowest was 3.60% per year. And the median was 5.50% per year.

As of today (2026-07-22), Bursa Malaysia Bhd's current stock price is RM8.59. Bursa Malaysia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.92. Bursa Malaysia Bhd's Cyclically Adjusted PS Ratio of today is 9.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bursa Malaysia Bhd was 16.19. The lowest was 7.54. And the median was 9.17.


Bursa Malaysia Bhd  (XKLS:1818) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.59/0.92
=9.34

* 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 Bursa Malaysia Bhd was 16.19. The lowest was 7.54. And the median was 9.17.


Be Aware

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


Bursa Malaysia Bhd Cyclically Adjusted Revenue per Share Related Terms


Bursa Malaysia Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bursa Malaysia 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.

Bursa Malaysia Bhd Cyclically Adjusted Revenue per Share Chart

Bursa Malaysia 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 0.74 0.80 0.83 0.87 0.89

Bursa Malaysia 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 0.88 0.89 0.90 0.89 0.92

XKLS:1818 vs SPGI, CME, MCO: Cyclically Adjusted Revenue per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa Malaysia 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.


Bursa Malaysia Bhd Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa Malaysia Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:1818
88GF Score
Bursa Malaysia Bhd XKLS:1818
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bursa Malaysia 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, Bursa Malaysia 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)
=0.256/330.2130*330.2130
=0.256

Current CPI (Mar. 2026) = 330.2130.

Bursa Malaysia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.152 241.018 0.208
201609 0.138 241.428 0.189
201612 0.139 241.432 0.190
201703 0.167 243.801 0.226
201706 0.167 244.955 0.225
201709 0.152 246.819 0.203
201712 0.161 246.524 0.216
201803 0.179 249.554 0.237
201806 0.166 251.989 0.218
201809 0.152 252.439 0.199
201812 0.150 251.233 0.197
201903 0.150 254.202 0.195
201906 0.146 256.143 0.188
201909 0.145 256.759 0.186
201912 0.152 256.974 0.195
202003 0.180 258.115 0.230
202006 0.216 257.797 0.277
202009 0.288 260.280 0.365
202012 0.278 260.474 0.352
202103 0.282 264.877 0.352
202106 0.237 271.696 0.288
202109 0.210 274.310 0.253
202112 0.200 278.802 0.237
202203 0.199 287.504 0.229
202206 0.183 296.311 0.204
202209 0.168 296.808 0.187
202212 0.173 296.797 0.192
202303 0.186 301.836 0.203
202306 0.172 305.109 0.186
202309 0.188 307.789 0.202
202312 0.187 306.746 0.201
202403 0.223 312.332 0.236
202406 0.239 314.175 0.251
202409 0.252 315.301 0.264
202412 0.221 315.605 0.231
202503 0.220 319.799 0.227
202506 0.206 322.561 0.211
202509 0.215 324.800 0.219
202512 0.227 324.054 0.231
202603 0.256 330.213 0.256

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 RM0.92 mean?
Bursa Malaysia Bhd (XKLS:1818) has a Cyclically Adjusted Revenue per Share of RM0.92 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 Bursa Malaysia Bhd and its competitors.
Is Bursa Malaysia Bhd's Cyclically Adjusted Revenue per Share too high?
Bursa Malaysia Bhd's current Cyclically Adjusted Revenue per Share is RM0.92. Overall, Bursa Malaysia Bhd has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bursa Malaysia Bhd's Cyclically Adjusted Revenue per Share compare to SPGI and CME?
Bursa Malaysia Bhd's Cyclically Adjusted Revenue per Share of RM0.92 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets 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 Bursa Malaysia Bhd and its competitors. Bursa Malaysia Bhd's current Cyclically Adjusted Revenue per Share is RM0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bursa Malaysia Bhd (XKLS:1818) is currently considered Fairly Valued. The stock's GF Value™ is RM9.17, compared to a current price of RM8.59 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.92. Bursa Malaysia Bhd's overall GF Score™ is 88/100 with 8 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 Bursa Malaysia Bhd (XKLS:1818), the current Cyclically Adjusted Revenue per Share is RM0.92 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 Bursa Malaysia Bhd (XKLS:1818) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa Malaysia Bhd stock appears to be undervalued. The current stock price of RM8.59 is trading 6.3% below its estimated GF Value™ of RM9.17. GuruFocus considers Bursa Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:1818:

  • Cyclically Adjusted Revenue per Share: RM0.92
  • GF Value™: RM9.17 vs. price of RM8.59 (6.3% below fair value)
  • GF Score™: 88/100 with 8 warning signs

No single metric tells the full story. See the XKLS:1818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bursa Malaysia Bhd Business Description

Other Exchanges BSMAF:USA
Address Exchange Square, 15th Floor, Bukit Kewangan, Kuala Lumpur, MYS, 50200
Bursa Malaysia Bhd operates as an exchange holding company, whose principal activities are treasury management and the provision of management and administrative services to its subsidiaries. Through its subsidiaries it operates the Malaysian securities, derivatives, multi-environment product market, debt fundraising and offshore financial exchanges and the Shariah-compliant commodity and precious metals trading platform, to operate the related clearing houses, depository function and regulatory function, and to disseminate information relating to instruments quoted on the exchanges. Its six segments include: Securities Market, Derivatives Market, Islamic Market, Data Business, Exchange, Holding Company, and Others, of which Securities Market segment derives maximum revenue.
88GF Score

Get the complete analysis for XKLS:1818

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

RM8.59
Price
RM9.17
GF Value