Melewar Industrial Group Bhd (XKLS:3778) Cyclically Adjusted Revenue per Share: RM2.76 (As of Mar. 2026)

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XKLS:3778 Melewar Industrial Group Bhd XKLS:3778
29 GF Score
Price RM0.13
GF Value RM0.20
Valuation Possible Value Trap
! 5 Warning Signs
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What is Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share?

Melewar Industrial Group Bhd XKLS:3778 29 Cyclically Adjusted Revenue per Share is RM2.76 as of Mar. 2026. GuruFocus rates XKLS:3778 with a GF Score™ of 29/100 and a GF Value™ of RM0.20 (Possible Value Trap). The stock has 5 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.

Melewar Industrial Group Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.441. 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 RM2.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Melewar Industrial Group Bhd's average Cyclically Adjusted Revenue Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.50% 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 Melewar Industrial Group Bhd was -1.60% per year. The lowest was -4.20% per year. And the median was -2.60% per year.

As of today (2026-07-22), Melewar Industrial Group Bhd's current stock price is RM0.13. Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM2.76. Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Melewar Industrial Group Bhd was 0.23. The lowest was 0.05. And the median was 0.09.


Melewar Industrial Group Bhd  (XKLS:3778) 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.

Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.13/2.76
=0.05

* 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 Melewar Industrial Group Bhd was 0.23. The lowest was 0.05. And the median was 0.09.


Be Aware

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


Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Related Terms


Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Melewar Industrial Group 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.

Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Chart

Melewar Industrial Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 3.20 3.01 2.93 2.81

Melewar Industrial Group 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 2.83 2.81 2.80 2.76 2.76

XKLS:3778 vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Melewar Industrial Group 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.


Melewar Industrial Group Bhd Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:3778
29GF Score
Melewar Industrial Group Bhd XKLS:3778
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melewar Industrial Group 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, Melewar Industrial Group 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)
=0.441/330.2130*330.2130
=0.441

Current CPI (Mar. 2026) = 330.2130.

Melewar Industrial Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.769 241.018 1.054
201609 0.832 241.428 1.138
201612 0.811 241.432 1.109
201703 0.910 243.801 1.233
201706 0.874 244.955 1.178
201709 0.792 246.819 1.060
201712 0.864 246.524 1.157
201803 0.897 249.554 1.187
201806 0.916 251.989 1.200
201809 0.686 252.439 0.897
201812 0.585 251.233 0.769
201903 0.435 254.202 0.565
201906 0.423 256.143 0.545
201909 0.512 256.759 0.658
201912 0.484 256.974 0.622
202003 0.406 258.115 0.519
202006 0.256 257.797 0.328
202009 0.434 260.280 0.551
202012 0.458 260.474 0.581
202103 0.545 264.877 0.679
202106 0.362 271.696 0.440
202109 0.412 274.310 0.496
202112 0.706 278.802 0.836
202203 0.491 287.504 0.564
202206 0.484 296.311 0.539
202209 0.338 296.808 0.376
202212 0.381 296.797 0.424
202303 0.359 301.836 0.393
202306 0.451 305.109 0.488
202309 0.457 307.789 0.490
202312 0.495 306.746 0.533
202403 0.631 312.332 0.667
202406 0.672 314.175 0.706
202409 0.557 315.301 0.583
202412 0.573 315.605 0.600
202503 0.427 319.799 0.441
202506 0.472 322.561 0.483
202509 0.568 324.800 0.577
202512 0.526 324.054 0.536
202603 0.441 330.213 0.441

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 RM2.76 mean?
Melewar Industrial Group Bhd (XKLS:3778) has a Cyclically Adjusted Revenue per Share of RM2.76 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 Melewar Industrial Group Bhd and its competitors.
Is Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share too high?
Melewar Industrial Group Bhd's current Cyclically Adjusted Revenue per Share is RM2.76. Overall, Melewar Industrial Group Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share compare to NUE and STLD?
Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share of RM2.76 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Melewar Industrial Group Bhd and its competitors. Melewar Industrial Group Bhd's current Cyclically Adjusted Revenue per Share is RM2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melewar Industrial Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 35% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM2.76. Melewar Industrial Group Bhd's overall GF Score™ is 29/100 with 5 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 Melewar Industrial Group Bhd (XKLS:3778), the current Cyclically Adjusted Revenue per Share is RM2.76 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 Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?

Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 35% below its estimated GF Value™ of RM0.20. GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3778:

  • Cyclically Adjusted Revenue per Share: RM2.76
  • GF Value™: RM0.20 vs. price of RM0.13 (35% below fair value)
  • GF Score™: 29/100 with 5 warning signs

No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melewar Industrial Group Bhd Business Description

Address No. 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200
Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.
29GF Score

Get the complete analysis for XKLS:3778

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

RM0.13
Price
RM0.20
GF Value