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.
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.
AYER Holdings BhdXKLS:2305 -0.68%81 PS Ratio is 2.79 as of Jul. 20, 2026, which is 45% below its 10-year median of 5.11. GuruFocus rates XKLS:2305 with a GF Score™ of 81/100 and a GF Value™ of RM11.55 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,745 Real Estate companies, AYER Holdings Bhd ranks worse than 54.15% 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, AYER Holdings Bhd's share price is RM7.30.
AYER Holdings Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM2.62. Hence, AYER Holdings Bhd's PS Ratio for today is 2.79.
Good Sign:
AYER Holdings Bhd stock PS Ratio (=2.81) is close to 10-year low of 2.68.
The historical rank and industry rank for AYER Holdings Bhd's PS Ratio or its related term are showing as below:
XKLS:2305'
s PS Ratio Range Over the Past 10 Years
Min: 2.68 Med: 5.11 Max: 9.9
Current: 2.79
During the past 13 years, AYER Holdings Bhd's highest PS Ratio was 9.90. The lowest was 2.68. And the median was 5.11.
XKLS:2305's PS Ratio is ranked worse than 54.15% of 1745
companies
in the Real Estate industry
Industry Median: 2.39
vs XKLS:2305: 2.79
During the past 12 months, the average Revenue per Share Growth Rate of AYER Holdings Bhd was 83.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 17.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 24.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 13 years, AYER Holdings Bhd's highest 3-Year average Revenue per Share Growth Rate was 63.10% per year. The lowest was -43.20% per year. And the median was -1.60% per year.
Back to Basics: PS Ratio
AYER Holdings Bhd (XKLS:2305) 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.
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.
AYER Holdings Bhd PS Ratio Related Terms
AYER Holdings Bhd PS Ratio Historical Data
* Premium members only.
The historical data trend for AYER Holdings 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.
For the Real Estate - Development subindustry, AYER Holdings 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.
AYER Holdings Bhd PS Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AYER Holdings Bhd's PS Ratio distribution charts can be found below:
* The bar in red indicates where AYER Holdings Bhd's PS Ratio falls into.
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.
AYER Holdings Bhd's Share Price of today is RM7.30. AYER Holdings 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 RM2.62.
* 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:
AYER Holdings Bhd (XKLS:2305) has a PS Ratio of 2.79 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on AYER Holdings Bhd and its competitors. This is 45% below median its historical median of 5.11. Over the past decade, AYER Holdings Bhd's PS Ratio has ranged from 2.68 to 9.90. According to the industry distribution chart, AYER Holdings Bhd ranks #945 out of 1745 companies in the Real Estate industry, placing it in the top 54.2%.
Is AYER Holdings Bhd's PS Ratio too high?
AYER Holdings Bhd's current PS Ratio of 2.79 is 45% below median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 9.90. The Real Estate industry median PS Ratio is 2.39. AYER Holdings Bhd's value of 2.79 is 16.7% above this industry median. Based on the distribution chart, AYER Holdings Bhd ranks #945 out of 1745 companies in the Real Estate industry, which is below the industry midpoint. Overall, AYER Holdings Bhd has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AYER Holdings Bhd's PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, AYER Holdings Bhd ranks #945 out of 1745 companies for PS Ratio. This places AYER Holdings Bhd in the lower half of its industry. The industry median PS Ratio is 2.39. AYER Holdings Bhd's value of 2.79 is 16.7% above this benchmark. Historically, AYER Holdings Bhd's own PS Ratio has ranged from 2.68 to 9.90 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 2.39, AYER Holdings 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 Real Estate company?
The median PS Ratio among Real Estate companies is 2.39, based on 1,745 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. AYER Holdings Bhd's current PS Ratio of 2.79 is 16.7% 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 AYER Holdings Bhd and its competitors. For the Real Estate industry, the median PS Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYER Holdings Bhd's current PS Ratio is 2.79, which is 45% below median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYER Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYER Holdings Bhd (XKLS:2305) is currently considered Possible Value Trap. The stock's GF Value™ is RM11.55, compared to a current price of RM7.30 — trading 36.8% below its estimated fair value. The current PS Ratio is 2.79, which is 45% below median its 10-year median of 5.11 and 16.7% above the Real Estate industry median of 2.39. AYER Holdings Bhd's overall GF Score™ is 81/100 with 2 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 AYER Holdings Bhd (XKLS:2305), the current PS Ratio is 2.79 as of Jul. 20, 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 AYER Holdings Bhd (XKLS:2305) Overvalued in 2026?
Based on GuruFocus' analysis, AYER Holdings Bhd stock appears to be undervalued.
The current stock price of RM7.30 is trading 36.8% below its estimated GF Value™ of RM11.55.
GuruFocus considers AYER Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:2305:
PS Ratio: 2.79 (45% below median its 10-year median of 5.11)
GF Value™: RM11.55 vs. price of RM7.30 (36.8% below fair value)
Industry Position: 16.7% above the Real Estate median (#945 of 1745)
No single metric tells the full story. See the XKLS:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AYER Holdings Bhd is an investment holding company. The principal activities of the company and its subsidiaries are categorized into two segments, namely Property Development, Plantation, and Others. Its Property development segment is engaged in developing residential and commercial properties. Its Plantation segment is involved in cultivating oil palm and durian. Other segments include investments, management services and others. The majority of revenue is earned from the Property development segment.
81GF Score
Get the complete analysis for XKLS:2305
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:2305 has been successfully added to your 
