Zelan Bhd (XKLS:2283) Cyclically Adjusted Revenue per Share: RM0.10 (As of Mar. 2026)

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What is Zelan Bhd Cyclically Adjusted Revenue per Share?

Zelan Bhd XKLS:2283 Cyclically Adjusted Revenue per Share is RM0.10 as of Mar. 2026. 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.

Zelan Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.010. 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 RM0.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zelan Bhd's average Cyclically Adjusted Revenue Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -25.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -14.80% 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 Zelan Bhd was -4.40% per year. The lowest was -25.30% per year. And the median was -11.40% per year.

As of today (2026-07-17), Zelan Bhd's current stock price is RM0.07. Zelan Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.10. Zelan Bhd's Cyclically Adjusted PS Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zelan Bhd was 0.75. The lowest was 0.11. And the median was 0.31.


Zelan Bhd  (XKLS:2283) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.07/0.10
=0.70

* 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 Zelan Bhd was 0.75. The lowest was 0.11. And the median was 0.31.


Be Aware

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


Zelan Bhd Cyclically Adjusted Revenue per Share Related Terms


Zelan Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zelan 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.

Zelan Bhd Cyclically Adjusted Revenue per Share Chart

Zelan 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 0.23 0.24 0.21 0.16 0.10

Zelan 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 0.15 0.13 0.12 0.10 0.10

XKLS:2283 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Zelan 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.


Zelan Bhd Cyclically Adjusted PS Ratio vs Construction Industry

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

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



Zelan 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, Zelan 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)
=0.01/330.2130*330.2130
=0.010

Current CPI (Mar. 2026) = 330.2130.

Zelan Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.067 241.018 0.092
201609 0.047 241.428 0.064
201612 0.077 241.432 0.105
201703 0.040 243.801 0.054
201706 0.014 244.955 0.019
201709 0.010 246.819 0.013
201712 0.020 246.524 0.027
201803 0.024 249.554 0.032
201806 0.041 251.989 0.054
201809 0.022 252.439 0.029
201812 -0.001 251.233 -0.001
201903 0.043 254.202 0.056
201906 0.024 256.143 0.031
201909 0.009 256.759 0.012
201912 0.020 256.974 0.026
202003 0.016 258.115 0.020
202006 0.011 257.797 0.014
202009 0.015 260.280 0.019
202012 0.020 260.474 0.025
202103 0.013 264.877 0.016
202106 0.013 271.696 0.016
202109 0.014 274.310 0.017
202112 0.014 278.802 0.017
202203 0.018 287.504 0.021
202206 0.008 296.311 0.009
202209 0.007 296.808 0.008
202212 0.027 296.797 0.030
202303 0.011 301.836 0.012
202306 0.010 305.109 0.011
202309 0.010 307.789 0.011
202312 0.005 306.746 0.005
202403 0.009 312.332 0.010
202406 0.014 314.175 0.015
202409 0.016 315.301 0.017
202412 0.009 315.605 0.009
202503 0.008 319.799 0.008
202506 0.009 322.561 0.009
202509 0.009 324.800 0.009
202512 0.009 324.054 0.009
202603 0.010 330.213 0.010

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 RM0.10 mean?
Zelan Bhd (XKLS:2283) has a Cyclically Adjusted Revenue per Share of RM0.10 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 Zelan Bhd and its competitors.
Is Zelan Bhd's Cyclically Adjusted Revenue per Share too high?
Zelan Bhd's current Cyclically Adjusted Revenue per Share is RM0.10.
How does Zelan Bhd's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Zelan Bhd's Cyclically Adjusted Revenue per Share of RM0.10 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 Zelan Bhd and its competitors. Zelan Bhd's current Cyclically Adjusted Revenue per Share is RM0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 133.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.10. 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 Zelan Bhd (XKLS:2283), the current Cyclically Adjusted Revenue per Share is RM0.10 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.

Zelan Bhd Business Description

Address No. 1, Jalan Tasik Permaisuri 2, 24th Floor, Wisma Zelan, Bandar Tun Razak, Cheras, Kuala Lumpur, SGR, MYS, 56000
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.