Carlsberg Brewery Malaysia Bhd (XKLS:2836) PS Ratio: 2.13 (As of Jul. 17, 2026) — 26% Below Median

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XKLS:2836 Carlsberg Brewery Malaysia Bhd XKLS:2836
81 GF Score
Price RM16.02
GF Value RM19.38
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Carlsberg Brewery Malaysia Bhd PS Ratio?

Carlsberg Brewery Malaysia Bhd XKLS:2836 -0.25% 81 PS Ratio is 2.13 as of Jul. 17, 2026, which is 26% below its 10-year median of 2.86. GuruFocus rates XKLS:2836 with a GF Score™ of 81/100 and a GF Value™ of RM19.38 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 208 Beverages - Alcoholic companies, Carlsberg Brewery Malaysia Bhd ranks worse than 56.25% 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, Carlsberg Brewery Malaysia Bhd's share price is RM16.02. Carlsberg Brewery Malaysia Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM7.53. Hence, Carlsberg Brewery Malaysia Bhd's PS Ratio for today is 2.13.

Good Sign:

Carlsberg Brewery Malaysia Bhd stock PS Ratio (=2.18) is close to 10-year low of 2.12.

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

XKLS:2836' s PS Ratio Range Over the Past 10 Years
Min: 2.12   Med: 2.86   Max: 5.28
Current: 2.12

During the past 13 years, Carlsberg Brewery Malaysia Bhd's highest PS Ratio was 5.28. The lowest was 2.12. And the median was 2.86.

XKLS:2836's PS Ratio is ranked worse than
56.25% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 1.71 vs XKLS:2836: 2.12

Carlsberg Brewery Malaysia Bhd's Revenue per Sharefor the three months ended in Mar. 2026 was RM2.31. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM7.53.

Warning Sign:

Carlsberg Brewery Malaysia Bhd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Carlsberg Brewery Malaysia Bhd was -0.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -2.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.50% per year.

During the past 13 years, Carlsberg Brewery Malaysia Bhd's highest 3-Year average Revenue per Share Growth Rate was 15.70% per year. The lowest was -3.70% per year. And the median was 4.00% per year.

Back to Basics: PS Ratio


Carlsberg Brewery Malaysia Bhd  (XKLS:2836) 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.


Carlsberg Brewery Malaysia Bhd PS Ratio Related Terms


Carlsberg Brewery Malaysia Bhd PS Ratio Historical Data

* Premium members only.

The historical data trend for Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd PS Ratio Chart

Carlsberg Brewery Malaysia 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 3.46 2.90 2.61 2.66 2.26

Carlsberg Brewery Malaysia 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 2.52 2.57 2.17 2.26 2.24

XKLS:2836 vs BUD, STZ, TAP: PS Ratio Comparison

For the Beverages - Brewers subindustry, Carlsberg Brewery Malaysia 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.


Carlsberg Brewery Malaysia Bhd PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg Brewery Malaysia Bhd's PS Ratio distribution charts can be found below:

* The bar in red indicates where Carlsberg Brewery Malaysia Bhd's PS Ratio falls into.


XKLS:2836
81GF Score
Carlsberg Brewery Malaysia Bhd XKLS:2836
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=16.02/7.533
=2.13

Carlsberg Brewery Malaysia Bhd's Share Price of today is RM16.02.
Carlsberg Brewery Malaysia 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 RM7.53.

* 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 2.13 mean?
Carlsberg Brewery Malaysia Bhd (XKLS:2836) has a PS Ratio of 2.13 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Carlsberg Brewery Malaysia Bhd and its competitors. This is 26% below median its historical median of 2.86. Over the past decade, Carlsberg Brewery Malaysia Bhd's PS Ratio has ranged from 2.12 to 5.28. According to the industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #117 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 56.2%.
Is Carlsberg Brewery Malaysia Bhd's PS Ratio too high?
Carlsberg Brewery Malaysia Bhd's current PS Ratio of 2.13 is 26% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 5.28. The Beverages - Alcoholic industry median PS Ratio is 1.71. Carlsberg Brewery Malaysia Bhd's value of 2.13 is 24.6% above this industry median. Based on the distribution chart, Carlsberg Brewery Malaysia Bhd ranks #117 out of 208 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Carlsberg Brewery Malaysia Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg Brewery Malaysia Bhd's PS Ratio compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #117 out of 208 companies for PS Ratio. This places Carlsberg Brewery Malaysia Bhd in the lower half of its industry. The industry median PS Ratio is 1.71. Carlsberg Brewery Malaysia Bhd's value of 2.13 is 24.6% above this benchmark. Historically, Carlsberg Brewery Malaysia Bhd's own PS Ratio has ranged from 2.12 to 5.28 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 1.71, Carlsberg Brewery Malaysia 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 Beverages - Alcoholic company?
The median PS Ratio among Beverages - Alcoholic companies is 1.71, based on 208 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. Carlsberg Brewery Malaysia Bhd's current PS Ratio of 2.13 is 24.6% 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 Carlsberg Brewery Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlsberg Brewery Malaysia Bhd's current PS Ratio is 2.13, which is 26% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg Brewery Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd (XKLS:2836) is currently considered Modestly Undervalued. The stock's GF Value™ is RM19.38, compared to a current price of RM16.02 — trading 17.3% below its estimated fair value. The current PS Ratio is 2.13, which is 26% below median its 10-year median of 2.86 and 24.6% above the Beverages - Alcoholic industry median of 1.71. Carlsberg Brewery Malaysia 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 Carlsberg Brewery Malaysia Bhd (XKLS:2836), the current PS Ratio is 2.13 as of Jul. 17, 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 Carlsberg Brewery Malaysia Bhd (XKLS:2836) Overvalued in 2026?

Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd stock appears to be undervalued. The current stock price of RM16.02 is trading 17.3% below its estimated GF Value™ of RM19.38. GuruFocus considers Carlsberg Brewery Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2836:

  • PS Ratio: 2.13 (26% below median its 10-year median of 2.86)
  • GF Value™: RM19.38 vs. price of RM16.02 (17.3% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 24.6% above the Beverages - Alcoholic median (#117 of 208)

No single metric tells the full story. See the XKLS:2836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlsberg Brewery Malaysia Bhd Business Description

Address No. 55, Persiaran Selangor, Section 15, Shah Alam, SGR, MYS, 40200
Carlsberg Brewery Malaysia Bhd produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. The company also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company's flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor's Stout Porter, and Corona Extra. The company has three segments: Malaysia, Singapore, and Others. It generates the majority of its revenue from the Malaysia segment, which includes manufacturing, marketing, and distribution of both alcoholic and non-alcoholic beverages by entities in Malaysia.
81GF Score

Get the complete analysis for XKLS:2836

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

RM16.02
Price
RM19.38
GF Value