Maxis Bhd (XKLS:6012) Cyclically Adjusted Revenue per Share: RM1.47 (As of Mar. 2026)

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XKLS:6012 Maxis Bhd XKLS:6012
79 GF Score
Price RM3.58
GF Value RM3.83
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Maxis Bhd Cyclically Adjusted Revenue per Share?

Maxis Bhd XKLS:6012 -0.56% 79 Cyclically Adjusted Revenue per Share is RM1.47 as of Mar. 2026. GuruFocus rates XKLS:6012 with a GF Score™ of 79/100 and a GF Value™ of RM3.83 (Fairly Valued). 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.

Maxis Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.347. 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 RM1.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maxis Bhd's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Maxis Bhd was 3.80% per year. The lowest was 1.40% per year. And the median was 2.40% per year.

As of today (2026-07-22), Maxis Bhd's current stock price is RM3.58. Maxis Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.47. Maxis Bhd's Cyclically Adjusted PS Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Maxis Bhd was 4.30. The lowest was 2.18. And the median was 2.74.


Maxis Bhd  (XKLS:6012) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.58/1.47
=2.44

* 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 Maxis Bhd was 4.30. The lowest was 2.18. And the median was 2.74.


Be Aware

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


Maxis Bhd Cyclically Adjusted Revenue per Share Related Terms


Maxis Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Maxis 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.

Maxis Bhd Cyclically Adjusted Revenue per Share Chart

Maxis 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 1.33 1.39 1.41 1.43 1.45

Maxis 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 1.45 1.45 1.46 1.45 1.47

XKLS:6012 vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Maxis 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.


Maxis Bhd Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maxis Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:6012
79GF Score
Maxis Bhd XKLS:6012
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxis 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, Maxis 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)
=0.347/330.2130*330.2130
=0.347

Current CPI (Mar. 2026) = 330.2130.

Maxis Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.280 241.018 0.384
201609 0.287 241.428 0.393
201612 0.295 241.432 0.403
201703 0.316 243.801 0.428
201706 0.311 244.955 0.419
201709 0.299 246.819 0.400
201712 0.303 246.524 0.406
201803 0.286 249.554 0.378
201806 0.288 251.989 0.377
201809 0.290 252.439 0.379
201812 0.312 251.233 0.410
201903 0.285 254.202 0.370
201906 0.282 256.143 0.364
201909 0.292 256.759 0.376
201912 0.331 256.974 0.425
202003 0.299 258.115 0.383
202006 0.275 257.797 0.352
202009 0.283 260.280 0.359
202012 0.289 260.474 0.366
202103 0.285 264.877 0.355
202106 0.289 271.696 0.351
202109 0.289 274.310 0.348
202112 0.318 278.802 0.377
202203 0.306 287.504 0.351
202206 0.308 296.311 0.343
202209 0.305 296.808 0.339
202212 0.331 296.797 0.368
202303 0.321 301.836 0.351
202306 0.314 305.109 0.340
202309 0.310 307.789 0.333
202312 0.348 306.746 0.375
202403 0.331 312.332 0.350
202406 0.328 314.175 0.345
202409 0.328 315.301 0.344
202412 0.352 315.605 0.368
202503 0.331 319.799 0.342
202506 0.325 322.561 0.333
202509 0.328 324.800 0.333
202512 0.365 324.054 0.372
202603 0.347 330.213 0.347

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 RM1.47 mean?
Maxis Bhd (XKLS:6012) has a Cyclically Adjusted Revenue per Share of RM1.47 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 Maxis Bhd and its competitors.
Is Maxis Bhd's Cyclically Adjusted Revenue per Share too high?
Maxis Bhd's current Cyclically Adjusted Revenue per Share is RM1.47. Overall, Maxis Bhd has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxis Bhd's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
Maxis Bhd's Cyclically Adjusted Revenue per Share of RM1.47 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services 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 Maxis Bhd and its competitors. Maxis Bhd's current Cyclically Adjusted Revenue per Share is RM1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxis Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxis Bhd (XKLS:6012) is currently considered Fairly Valued. The stock's GF Value™ is RM3.83, compared to a current price of RM3.58 — trading 6.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM1.47. Maxis Bhd's overall GF Score™ is 79/100 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 Maxis Bhd (XKLS:6012), the current Cyclically Adjusted Revenue per Share is RM1.47 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 Maxis Bhd (XKLS:6012) Overvalued in 2026?

Based on GuruFocus' analysis, Maxis Bhd stock appears to be undervalued. The current stock price of RM3.58 is trading 6.5% below its estimated GF Value™ of RM3.83. GuruFocus considers Maxis Bhd to be Fairly Valued.

Key valuation signals for XKLS:6012:

  • Cyclically Adjusted Revenue per Share: RM1.47
  • GF Value™: RM3.83 vs. price of RM3.58 (6.5% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the XKLS:6012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxis Bhd Business Description

Address Off Jalan Ampang, Level 5 - 9, 11, 15 - 25, Menara Maxis, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088
Maxis Bhd is a telecommunications provider. Its primary services include mobile, wireless, fixed, and enterprise services, with the majority of revenue generated from mobile and wireless. The company generates mobile revenue from prepaid and postpaid subscribers, with roughly an even split between both. Within enterprise services, Maxis provides traditional managed services in addition to mobile and fixed services. Additionally, the company owns fiber backhaul infrastructure.
79GF Score

Get the complete analysis for XKLS:6012

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

RM3.58
Price
RM3.83
GF Value