Fraser & Neave Holdings Bhd (XKLS:3689) PS Ratio: 2.17 (As of Jul. 08, 2026) — Near Median


XKLS:3689 Fraser & Neave Holdings Bhd XKLS:3689
84 GF Score
Price RM29.66
GF Value RM28.12
Valuation Fairly Valued
! 2 Warning Signs
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What is Fraser & Neave Holdings Bhd PS Ratio?

Fraser & Neave Holdings Bhd XKLS:3689 +1.92% 84 PS Ratio is 2.17 as of Jul. 08, 2026, which is 2% below its 10-year median of 2.22. GuruFocus rates XKLS:3689 with a GF Score™ of 84/100 and a GF Value™ of RM28.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Fraser & Neave Holdings Bhd ranks worse than 62.93% 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, Fraser & Neave Holdings Bhd's share price is RM29.66. Fraser & Neave Holdings Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM13.64. Hence, Fraser & Neave Holdings Bhd's PS Ratio for today is 2.17.

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

XKLS:3689' s PS Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.22   Max: 3.61
Current: 2.17

During the past 13 years, Fraser & Neave Holdings Bhd's highest PS Ratio was 3.61. The lowest was 1.62. And the median was 2.22.

XKLS:3689's PS Ratio is ranked worse than
62.93% of 116 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.655 vs XKLS:3689: 2.17

Fraser & Neave Holdings Bhd's Revenue per Sharefor the three months ended in Mar. 2026 was RM3.36. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM13.64.

Warning Sign:

Fraser & Neave Holdings Bhd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Fraser & Neave Holdings Bhd was -5.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.80% per year.

During the past 13 years, Fraser & Neave Holdings Bhd's highest 3-Year average Revenue per Share Growth Rate was 23.80% per year. The lowest was -2.10% per year. And the median was 2.70% per year.

Back to Basics: PS Ratio


Fraser & Neave Holdings Bhd  (XKLS:3689) 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.


Fraser & Neave Holdings Bhd PS Ratio Related Terms


Fraser & Neave Holdings Bhd PS Ratio Historical Data

* Premium members only.

The historical data trend for Fraser & Neave 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.

Fraser & Neave Holdings Bhd PS Ratio Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 1.78 1.86 2.19 1.92

Fraser & Neave Holdings 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 1.69 2.07 1.92 2.55 2.20

XKLS:3689 vs KO, PEP, MNST: PS Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Fraser & Neave 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.


Fraser & Neave Holdings Bhd PS Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's PS Ratio distribution charts can be found below:

* The bar in red indicates where Fraser & Neave Holdings Bhd's PS Ratio falls into.


XKLS:3689
84GF Score
Fraser & Neave Holdings Bhd XKLS:3689
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fraser & Neave Holdings 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.

Fraser & Neave Holdings Bhd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=29.66/13.642
=2.17

Fraser & Neave Holdings Bhd's Share Price of today is RM29.66.
Fraser & Neave 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 RM13.64.

* 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 2.17 mean?
Fraser & Neave Holdings Bhd (XKLS:3689) has a PS Ratio of 2.17 as of Jul. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Fraser & Neave Holdings Bhd and its competitors. This is near median its historical median of 2.22. Over the past decade, Fraser & Neave Holdings Bhd's PS Ratio has ranged from 1.62 to 3.61. According to the industry distribution chart, Fraser & Neave Holdings Bhd ranks #73 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 62.9%.
Is Fraser & Neave Holdings Bhd's PS Ratio too high?
Fraser & Neave Holdings Bhd's current PS Ratio of 2.17 is near median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 3.61. The Beverages - Non-Alcoholic industry median PS Ratio is 1.66. Fraser & Neave Holdings Bhd's value of 2.17 is 31.1% above this industry median. Based on the distribution chart, Fraser & Neave Holdings Bhd ranks #73 out of 116 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Fraser & Neave Holdings Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fraser & Neave Holdings Bhd's PS Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fraser & Neave Holdings Bhd ranks #73 out of 116 companies for PS Ratio. This places Fraser & Neave Holdings Bhd in the lower half of its industry. The industry median PS Ratio is 1.66. Fraser & Neave Holdings Bhd's value of 2.17 is 31.1% above this benchmark. Historically, Fraser & Neave Holdings Bhd's own PS Ratio has ranged from 1.62 to 3.61 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.66, Fraser & Neave 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 Beverages - Non-Alcoholic company?
The median PS Ratio among Beverages - Non-Alcoholic companies is 1.66, based on 116 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. Fraser & Neave Holdings Bhd's current PS Ratio of 2.17 is 31.1% 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 Fraser & Neave Holdings Bhd and its competitors. For the Beverages - Non-Alcoholic industry, the median PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fraser & Neave Holdings Bhd's current PS Ratio is 2.17, which is near median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.12, compared to a current price of RM29.66 — trading 5.5% above its estimated fair value. The current PS Ratio is 2.17, which is near median its 10-year median of 2.22 and 31.1% above the Beverages - Non-Alcoholic industry median of 1.66. Fraser & Neave Holdings Bhd's overall GF Score™ is 84/100 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 Fraser & Neave Holdings Bhd (XKLS:3689), the current PS Ratio is 2.17 as of Jul. 08, 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be overvalued. The current stock price of RM29.66 is trading 5.5% above its estimated GF Value™ of RM28.12. GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:3689:

  • PS Ratio: 2.17 (near median its 10-year median of 2.22)
  • GF Value™: RM28.12 vs. price of RM29.66 (5.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 31.1% above the Beverages - Non-Alcoholic median (#73 of 116)

No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fraser & Neave Holdings Bhd Business Description

Address No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
84GF Score

Get the complete analysis for XKLS:3689

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

RM29.66
Price
RM28.12
GF Value