AppAsia Bhd (XKLS:0119) PS Ratio: 5.24 (As of Jul. 09, 2026) — 55% Above Median


XKLS:0119 AppAsia Bhd XKLS:0119
41 GF Score
Price RM0.11
GF Value RM0.10
Valuation Fairly Valued
! 3 Warning Signs
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What is AppAsia Bhd PS Ratio?

AppAsia Bhd XKLS:0119 41 PS Ratio is 5.24 as of Jul. 09, 2026, which is 55% above its 10-year median of 3.38. GuruFocus rates XKLS:0119 with a GF Score™ of 41/100 and a GF Value™ of RM0.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,776 Software companies, AppAsia Bhd ranks worse than 75.9% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, AppAsia Bhd's share price is RM0.11. AppAsia Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.02. Hence, AppAsia Bhd's PS Ratio for today is 5.24.

Warning Sign:

AppAsia Bhd stock PS Ratio (=5.24) is close to 1-year high of 5.71.

The historical rank and industry rank for AppAsia Bhd's PS Ratio or its related term are showing as below:

XKLS:0119' s PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 3.38   Max: 34.17
Current: 5.24

During the past 13 years, AppAsia Bhd's highest PS Ratio was 34.17. The lowest was 0.16. And the median was 3.38.

XKLS:0119's PS Ratio is ranked worse than
75.9% of 2776 companies
in the Software industry
Industry Median: 2.02 vs XKLS:0119: 5.24

AppAsia Bhd's Revenue per Sharefor the three months ended in Mar. 2026 was RM0.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.02.

Warning Sign:

AppAsia Bhd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of AppAsia Bhd was -8.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -22.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -19.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.40% per year.

During the past 13 years, AppAsia Bhd's highest 3-Year average Revenue per Share Growth Rate was 160.10% per year. The lowest was -40.70% per year. And the median was -12.45% per year.

Back to Basics: PS Ratio


AppAsia Bhd  (XKLS:0119) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


AppAsia Bhd PS Ratio Related Terms


AppAsia Bhd PS Ratio Historical Data

* Premium members only.

The historical data trend for AppAsia Bhd's PS Ratio 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.

AppAsia Bhd PS Ratio Chart

AppAsia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.19 5.28 5.80 5.68

AppAsia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio 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 5.65 4.77 4.77 5.68 5.48

XKLS:0119 vs UBER, SHOP, CRM: PS Ratio Comparison

For the Software - Application subindustry, AppAsia Bhd's PS Ratio, along with its competitors' market caps and 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.


AppAsia Bhd PS Ratio vs Software Industry

For the Software industry and Technology sector, AppAsia Bhd's PS Ratio distribution charts can be found below:

* The bar in red indicates where AppAsia Bhd's PS Ratio falls into.


XKLS:0119
41GF Score
AppAsia Bhd XKLS:0119
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppAsia Bhd PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

AppAsia Bhd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.11/0.021
=5.24

AppAsia Bhd's Share Price of today is RM0.11.
AppAsia Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.02.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 5.24 mean?
AppAsia Bhd (XKLS:0119) has a PS Ratio of 5.24 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on AppAsia Bhd and its competitors. This is 55% above median its historical median of 3.38. Over the past decade, AppAsia Bhd's PS Ratio has ranged from 0.16 to 34.17. According to the industry distribution chart, AppAsia Bhd ranks #2107 out of 2776 companies in the Software industry, placing it in the top 75.9%.
Is AppAsia Bhd's PS Ratio too high?
AppAsia Bhd's current PS Ratio of 5.24 is 55% above median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 34.17. The Software industry median PS Ratio is 2.02. AppAsia Bhd's value of 5.24 is 159.4% above this industry median. Based on the distribution chart, AppAsia Bhd ranks #2107 out of 2776 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AppAsia Bhd has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, AppAsia Bhd ranks #2107 out of 2776 companies for PS Ratio. This places AppAsia Bhd in the lower half of its industry. The industry median PS Ratio is 2.02. AppAsia Bhd's value of 5.24 is 159.4% above this benchmark. Historically, AppAsia Bhd's own PS Ratio has ranged from 0.16 to 34.17 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 2.02, AppAsia Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Software company?
The median PS Ratio among Software companies is 2.02, based on 2,776 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AppAsia Bhd's current PS Ratio of 5.24 is 159.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on AppAsia Bhd and its competitors. For the Software industry, the median PS Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppAsia Bhd's current PS Ratio is 5.24, which is 55% above median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Fairly Valued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.11 — trading 10% above its estimated fair value. The current PS Ratio is 5.24, which is 55% above median its 10-year median of 3.38 and 159.4% above the Software industry median of 2.02. AppAsia Bhd's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For AppAsia Bhd (XKLS:0119), the current PS Ratio is 5.24 as of Jul. 09, 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?

Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued. The current stock price of RM0.11 is trading 10% above its estimated GF Value™ of RM0.10. GuruFocus considers AppAsia Bhd to be Fairly Valued.

Key valuation signals for XKLS:0119:

  • PS Ratio: 5.24 (55% above median its 10-year median of 3.38)
  • GF Value™: RM0.10 vs. price of RM0.11 (10% above fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 159.4% above the Software median (#2107 of 2776)

No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppAsia Bhd Business Description

Address No. 105 Jalan Ampang, 1-40-1, Menara Bangkok Bank, Berjaya Central Park, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
41GF Score

Get the complete analysis for XKLS:0119

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.11
Price
RM0.10
GF Value