Boustead Heavy Industries Bhd (XKLS:8133) Cyclically Adjusted Revenue per Share: RM0.79 (As of Mar. 2026)

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XKLS:8133 Boustead Heavy Industries Corp Bhd XKLS:8133
24 GF Score
Price RM0.48
GF Value RM0.34
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Boustead Heavy Industries Bhd Cyclically Adjusted Revenue per Share?

Boustead Heavy Industries Bhd XKLS:8133 24 Cyclically Adjusted Revenue per Share is RM0.79 as of Mar. 2026. GuruFocus rates XKLS:8133 with a GF Score™ of 24/100 and a GF Value™ of RM0.34 (Significantly Overvalued). 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.

Boustead Heavy Industries Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.053. 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 RM0.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boustead Heavy Industries Bhd's average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.50% 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 Boustead Heavy Industries Bhd was -5.10% per year. The lowest was -9.20% per year. And the median was -6.55% per year.

As of today (2026-07-23), Boustead Heavy Industries Bhd's current stock price is RM0.475. Boustead Heavy Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.79. Boustead Heavy Industries Bhd's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Boustead Heavy Industries Bhd was 1.06. The lowest was 0.29. And the median was 0.46.


Boustead Heavy Industries Bhd  (XKLS:8133) 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.

Boustead Heavy Industries Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.475/0.79
=0.60

* 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 Boustead Heavy Industries Bhd was 1.06. The lowest was 0.29. And the median was 0.46.


Be Aware

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


Boustead Heavy Industries Bhd Cyclically Adjusted Revenue per Share Related Terms


Boustead Heavy Industries Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Boustead Heavy Industries 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.

Boustead Heavy Industries Bhd Cyclically Adjusted Revenue per Share Chart

Boustead Heavy Industries 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 1.07 1.07 0.97 0.88 0.80

Boustead Heavy Industries 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 0.87 0.84 0.83 0.80 0.79

XKLS:8133 vs SPCX, GE, RTX: Cyclically Adjusted Revenue per Share Comparison

For the Aerospace & Defense subindustry, Boustead Heavy Industries 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.


Boustead Heavy Industries Bhd Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boustead Heavy Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8133
24GF Score
Boustead Heavy Industries Corp Bhd XKLS:8133
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boustead Heavy Industries 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, Boustead Heavy Industries 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)
=0.053/330.2130*330.2130
=0.053

Current CPI (Mar. 2026) = 330.2130.

Boustead Heavy Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.281 241.018 0.385
201609 0.259 241.428 0.354
201612 0.431 241.432 0.589
201703 0.309 243.801 0.419
201706 0.176 244.955 0.237
201709 0.259 246.819 0.347
201712 0.373 246.524 0.500
201803 0.160 249.554 0.212
201806 0.198 251.989 0.259
201809 0.247 252.439 0.323
201812 0.062 251.233 0.081
201903 0.146 254.202 0.190
201906 0.217 256.143 0.280
201909 0.147 256.759 0.189
201912 0.157 256.974 0.202
202003 0.177 258.115 0.226
202006 0.145 257.797 0.186
202009 0.152 260.280 0.193
202012 0.097 260.474 0.123
202103 0.076 264.877 0.095
202106 0.190 271.696 0.231
202109 0.174 274.310 0.209
202112 0.147 278.802 0.174
202203 0.151 287.504 0.173
202206 0.120 296.311 0.134
202209 0.144 296.808 0.160
202212 0.142 296.797 0.158
202303 0.011 301.836 0.012
202306 0.058 305.109 0.063
202309 0.068 307.789 0.073
202312 0.194 306.746 0.209
202403 0.034 312.332 0.036
202406 0.179 314.175 0.188
202409 0.127 315.301 0.133
202412 0.080 315.605 0.084
202503 0.079 319.799 0.082
202506 0.082 322.561 0.084
202509 0.100 324.800 0.102
202512 0.127 324.054 0.129
202603 0.053 330.213 0.053

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 RM0.79 mean?
Boustead Heavy Industries Bhd (XKLS:8133) has a Cyclically Adjusted Revenue per Share of RM0.79 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 Boustead Heavy Industries Bhd and its competitors.
Is Boustead Heavy Industries Bhd's Cyclically Adjusted Revenue per Share too high?
Boustead Heavy Industries Bhd's current Cyclically Adjusted Revenue per Share is RM0.79. Overall, Boustead Heavy Industries Bhd has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boustead Heavy Industries Bhd's Cyclically Adjusted Revenue per Share compare to SPCX and GE?
Boustead Heavy Industries Bhd's Cyclically Adjusted Revenue per Share of RM0.79 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Cyclically Adjusted Revenue per Share depends on the Aerospace & Defense 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 Boustead Heavy Industries Bhd and its competitors. Boustead Heavy Industries Bhd's current Cyclically Adjusted Revenue per Share is RM0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Heavy Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd (XKLS:8133) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.48 — trading 39.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.79. Boustead Heavy Industries Bhd's overall GF Score™ is 24/100 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 Boustead Heavy Industries Bhd (XKLS:8133), the current Cyclically Adjusted Revenue per Share is RM0.79 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 Boustead Heavy Industries Bhd (XKLS:8133) Overvalued in 2026?

Based on GuruFocus' analysis, Boustead Heavy Industries Bhd stock appears to be overvalued. The current stock price of RM0.48 is trading 39.7% above its estimated GF Value™ of RM0.34. GuruFocus considers Boustead Heavy Industries Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:8133:

  • Cyclically Adjusted Revenue per Share: RM0.79
  • GF Value™: RM0.34 vs. price of RM0.48 (39.7% above fair value)
  • GF Score™: 24/100 with 8 warning signs

No single metric tells the full story. See the XKLS:8133 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boustead Heavy Industries Bhd Business Description

Address 69 Jalan Raja Chulan, 17th Floor, Menara Boustead, Kuala Lumpur, SGR, MYS, 50200
Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segments include Defence and Security, Investment and Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels and submarines. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.
24GF Score

Get the complete analysis for XKLS:8133

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

RM0.48
Price
RM0.34
GF Value