PBA Holdings Bhd (XKLS:5041) Cyclically Adjusted Revenue per Share: RM1.39 (As of Mar. 2026)

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XKLS:5041 PBA Holdings Bhd XKLS:5041
78 GF Score
Price RM2.01
GF Value RM2.31
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PBA Holdings Bhd Cyclically Adjusted Revenue per Share?

PBA Holdings Bhd XKLS:5041 -0.99% 78 Cyclically Adjusted Revenue per Share is RM1.39 as of Mar. 2026. GuruFocus rates XKLS:5041 with a GF Score™ of 78/100 and a GF Value™ of RM2.31 (Modestly Undervalued). The stock has 2 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.

PBA Holdings Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.440. 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 RM1.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PBA Holdings Bhd's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 PBA Holdings Bhd was 6.90% per year. The lowest was 6.70% per year. And the median was 6.80% per year.

As of today (2026-07-18), PBA Holdings Bhd's current stock price is RM2.01. PBA Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.39. PBA Holdings Bhd's Cyclically Adjusted PS Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PBA Holdings Bhd was 2.13. The lowest was 0.63. And the median was 0.89.


PBA Holdings Bhd  (XKLS:5041) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.01/1.39
=1.45

* 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 PBA Holdings Bhd was 2.13. The lowest was 0.63. And the median was 0.89.


Be Aware

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


PBA Holdings Bhd Cyclically Adjusted Revenue per Share Related Terms


PBA Holdings Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PBA Holdings 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.

PBA Holdings Bhd Cyclically Adjusted Revenue per Share Chart

PBA Holdings 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 1.04 1.12 1.18 1.27 1.36

PBA Holdings 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 1.30 1.33 1.34 1.36 1.39

XKLS:5041 vs AWK, WTRG, AWR: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Water subindustry, PBA Holdings 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.


PBA Holdings Bhd Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PBA Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:5041
78GF Score
PBA Holdings Bhd XKLS:5041
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PBA Holdings 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, PBA Holdings 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)
=0.44/330.2130*330.2130
=0.440

Current CPI (Mar. 2026) = 330.2130.

PBA Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.254 241.018 0.348
201609 0.248 241.428 0.339
201612 0.240 241.432 0.328
201703 0.244 243.801 0.330
201706 0.237 244.955 0.319
201709 0.262 246.819 0.351
201712 0.203 246.524 0.272
201803 0.260 249.554 0.344
201806 0.257 251.989 0.337
201809 0.254 252.439 0.332
201812 0.241 251.233 0.317
201903 0.255 254.202 0.331
201906 0.293 256.143 0.378
201909 0.234 256.759 0.301
201912 0.246 256.974 0.316
202003 0.248 258.115 0.317
202006 0.257 257.797 0.329
202009 0.253 260.280 0.321
202012 0.258 260.474 0.327
202103 0.265 264.877 0.330
202106 0.242 271.696 0.294
202109 0.249 274.310 0.300
202112 0.278 278.802 0.329
202203 0.240 287.504 0.276
202206 0.281 296.311 0.313
202209 0.274 296.808 0.305
202212 0.256 296.797 0.285
202303 0.294 301.836 0.322
202306 0.316 305.109 0.342
202309 0.345 307.789 0.370
202312 0.325 306.746 0.350
202403 0.336 312.332 0.355
202406 0.454 314.175 0.477
202409 0.423 315.301 0.443
202412 0.381 315.605 0.399
202503 0.375 319.799 0.387
202506 0.444 322.561 0.455
202509 0.414 324.800 0.421
202512 0.485 324.054 0.494
202603 0.440 330.213 0.440

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 RM1.39 mean?
PBA Holdings Bhd (XKLS:5041) has a Cyclically Adjusted Revenue per Share of RM1.39 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 PBA Holdings Bhd and its competitors.
Is PBA Holdings Bhd's Cyclically Adjusted Revenue per Share too high?
PBA Holdings Bhd's current Cyclically Adjusted Revenue per Share is RM1.39. Overall, PBA Holdings Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PBA Holdings Bhd's Cyclically Adjusted Revenue per Share compare to AWK and WTRG?
PBA Holdings Bhd's Cyclically Adjusted Revenue per Share of RM1.39 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 PBA Holdings Bhd and its competitors. PBA Holdings Bhd's current Cyclically Adjusted Revenue per Share is RM1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBA Holdings Bhd (XKLS:5041) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.31, compared to a current price of RM2.01 — trading 13% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM1.39. PBA Holdings Bhd's overall GF Score™ is 78/100 with 2 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 PBA Holdings Bhd (XKLS:5041), the current Cyclically Adjusted Revenue per Share is RM1.39 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 PBA Holdings Bhd (XKLS:5041) Overvalued in 2026?

Based on GuruFocus' analysis, PBA Holdings Bhd stock appears to be undervalued. The current stock price of RM2.01 is trading 13% below its estimated GF Value™ of RM2.31. GuruFocus considers PBA Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5041:

  • Cyclically Adjusted Revenue per Share: RM1.39
  • GF Value™: RM2.31 vs. price of RM2.01 (13% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PBA Holdings Bhd Business Description

Address Penang Road, Level 32, Komtar, Georgetown, PNG, MYS, 10000
PBA Holdings Bhd is an investment holding company. Its primary business is to sustain continuous good water supply in Penang. With population growth and increasing socio-economic development, It has to employ holistic water supply management strategies. It manage both water demand and supply in a water-stressed state. The group has one reportable segment, which is the abstraction of raw water, treatment of water, supply and sale of treated water to consumers in the State of Penang. The company operated solely in Penang, Malaysia. The company through its subsidiaries is engaged in the abstraction of raw water, treatment of water, and supply and sale of treated water to consumers in the State of Penang. It operates geographically in Malaysia.
78GF Score

Get the complete analysis for XKLS:5041

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

RM2.01
Price
RM2.31
GF Value