Wavefront Bhd (XKLS:8176) Cyclically Adjusted Revenue per Share: RM4.21 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:8176 Wavefront Bhd XKLS:8176
33 GF Score
Price RM0.12
GF Value RM0.22
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Wavefront Bhd Cyclically Adjusted Revenue per Share?

Wavefront Bhd XKLS:8176 33 Cyclically Adjusted Revenue per Share is RM4.21 as of Mar. 2026. GuruFocus rates XKLS:8176 with a GF Score™ of 33/100 and a GF Value™ of RM0.22 (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.

Wavefront Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.065. 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 RM4.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Wavefront Bhd's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 Wavefront Bhd was 4.90% per year. The lowest was 1.10% per year. And the median was 3.45% per year.

As of today (2026-07-21), Wavefront Bhd's current stock price is RM0.12. Wavefront Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM4.21. Wavefront Bhd's Cyclically Adjusted PS Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wavefront Bhd was 0.93. The lowest was 0.02. And the median was 0.08.


Wavefront Bhd  (XKLS:8176) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.12/4.21
=0.03

* 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 Wavefront Bhd was 0.93. The lowest was 0.02. And the median was 0.08.


Be Aware

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


Wavefront Bhd Cyclically Adjusted Revenue per Share Related Terms


Wavefront Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Wavefront 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.

Wavefront Bhd Cyclically Adjusted Revenue per Share Chart

Wavefront Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.91 4.07 4.15 4.17 4.21

Wavefront 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 4.17 4.18 4.19 4.15 4.21

XKLS:8176 vs APH, GLW: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Wavefront 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.


Wavefront Bhd Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Wavefront Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XKLS:8176
33GF Score
Wavefront Bhd XKLS:8176
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wavefront 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, Wavefront 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)
=0.065/330.2130*330.2130
=0.065

Current CPI (Mar. 2026) = 330.2130.

Wavefront Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.230 241.018 0.315
201609 0.217 241.428 0.297
201612 0.233 241.432 0.319
201703 16.691 243.801 22.607
201706 0.406 244.955 0.547
201709 0.607 246.819 0.812
201712 0.640 246.524 0.857
201803 0.523 249.554 0.692
201806 0.503 251.989 0.659
201809 0.603 252.439 0.789
201812 0.730 251.233 0.959
201903 0.696 254.202 0.904
201906 0.694 256.143 0.895
201909 0.774 256.759 0.995
201912 0.718 256.974 0.923
202003 0.597 258.115 0.764
202006 0.618 257.797 0.792
202009 1.112 260.280 1.411
202012 0.974 260.474 1.235
202103 0.805 264.877 1.004
202106 0.742 271.696 0.902
202109 0.494 274.310 0.595
202112 0.568 278.802 0.673
202203 0.358 287.504 0.411
202206 0.322 296.311 0.359
202209 0.183 296.808 0.204
202212 0.159 296.797 0.177
202303 0.097 301.836 0.106
202306 0.068 305.109 0.074
202309 0.098 307.789 0.105
202312 0.092 306.746 0.099
202403 0.075 312.332 0.079
202406 0.047 314.175 0.049
202409 0.043 315.301 0.045
202412 0.067 315.605 0.070
202503 0.070 319.799 0.072
202506 0.080 322.561 0.082
202509 0.069 324.800 0.070
202512 0.066 324.054 0.067
202603 0.065 330.213 0.065

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 RM4.21 mean?
Wavefront Bhd (XKLS:8176) has a Cyclically Adjusted Revenue per Share of RM4.21 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 Wavefront Bhd and its competitors.
Is Wavefront Bhd's Cyclically Adjusted Revenue per Share too high?
Wavefront Bhd's current Cyclically Adjusted Revenue per Share is RM4.21. Overall, Wavefront Bhd has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wavefront Bhd's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Wavefront Bhd's Cyclically Adjusted Revenue per Share of RM4.21 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Wavefront Bhd and its competitors. Wavefront Bhd's current Cyclically Adjusted Revenue per Share is RM4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wavefront Bhd (XKLS:8176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.12 — trading 45.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM4.21. Wavefront Bhd's overall GF Score™ is 33/100 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 Wavefront Bhd (XKLS:8176), the current Cyclically Adjusted Revenue per Share is RM4.21 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 Wavefront Bhd (XKLS:8176) Overvalued in 2026?

Based on GuruFocus' analysis, Wavefront Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 45.5% below its estimated GF Value™ of RM0.22. GuruFocus considers Wavefront Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8176:

  • Cyclically Adjusted Revenue per Share: RM4.21
  • GF Value™: RM0.22 vs. price of RM0.12 (45.5% below fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the XKLS:8176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wavefront Bhd Business Description

Address No. 6, Jalan Dewani 1, Kawasan Perindustrian Dewani, Johor Bahru, JHR, MYS, 81100
Wavefront Bhd is an investment holding company. The company is principally involved in the manufacturing and sales of precision plastic injection moulded parts, secondary process, sub-assembly, and full assembly of the finished products for the electronic industry, and is predominantly carried out in Malaysia.
33GF Score

Get the complete analysis for XKLS:8176

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

RM0.12
Price
RM0.22
GF Value