Hengyuan Refining Co BhdXKLS:4324 53 PS Ratio is 0.04 as of Jul. 12, 2026, which is 60% below its 10-year median of 0.10. GuruFocus rates XKLS:4324 with a GF Score™ of 53/100 and a GF Value™ of RM1.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 879 Oil & Gas companies, Hengyuan Refining Co Bhd ranks better than 98.75% 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, Hengyuan Refining Co Bhd's share price is RM1.16.
Hengyuan Refining Co Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM31.93. Hence, Hengyuan Refining Co Bhd's PS Ratio for today is 0.04.
The historical rank and industry rank for Hengyuan Refining Co Bhd's PS Ratio or its related term are showing as below:
XKLS:4324'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.44
Current: 0.04
During the past 13 years, Hengyuan Refining Co Bhd's highest PS Ratio was 0.44. The lowest was 0.02. And the median was 0.10.
XKLS:4324's PS Ratio is ranked better than 98.75% of 879
companies
in the Oil & Gas industry
Industry Median: 1.31
vs XKLS:4324: 0.04
Hengyuan Refining Co 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 Hengyuan Refining Co Bhd was -20.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -16.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.30% per year.
During the past 13 years, Hengyuan Refining Co Bhd's highest 3-Year average Revenue per Share Growth Rate was 29.00% per year. The lowest was -17.10% per year. And the median was 4.80% per year.
Back to Basics: PS Ratio
Hengyuan Refining Co Bhd (XKLS:4324) 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.
* 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 Oil & Gas Refining & Marketing subindustry, Hengyuan Refining Co 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.
Hengyuan Refining Co Bhd PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hengyuan Refining Co Bhd's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hengyuan Refining Co 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.
Hengyuan Refining Co Bhd's Share Price of today is RM1.16. Hengyuan Refining Co 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 RM31.93.
* 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:
Hengyuan Refining Co Bhd (XKLS:4324) has a PS Ratio of 0.04 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hengyuan Refining Co Bhd and its competitors. This is 60% below median its historical median of 0.10. Over the past decade, Hengyuan Refining Co Bhd's PS Ratio has ranged from 0.02 to 0.44. According to the industry distribution chart, Hengyuan Refining Co Bhd ranks #11 out of 879 companies in the Oil & Gas industry, placing it in the top 1.3%.
Is Hengyuan Refining Co Bhd's PS Ratio too high?
Hengyuan Refining Co Bhd's current PS Ratio of 0.04 is 60% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.44. The Oil & Gas industry median PS Ratio is 1.31. Hengyuan Refining Co Bhd's value of 0.04 is 96.9% below this industry median. Based on the distribution chart, Hengyuan Refining Co Bhd ranks #11 out of 879 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's PS Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Hengyuan Refining Co Bhd ranks #11 out of 879 companies for PS Ratio. This places Hengyuan Refining Co Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.31. Hengyuan Refining Co Bhd's value of 0.04 is 96.9% below this benchmark. Historically, Hengyuan Refining Co Bhd's own PS Ratio has ranged from 0.02 to 0.44 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 1.31, Hengyuan Refining Co Bhd has consistently been below 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 an Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.31, based on 879 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. Hengyuan Refining Co Bhd's current PS Ratio of 0.04 is 96.9% below 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 Hengyuan Refining Co Bhd and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengyuan Refining Co Bhd's current PS Ratio is 0.04, which is 60% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Fairly Valued. The stock's GF Value™ is RM1.18, compared to a current price of RM1.16 — trading 1.7% below its estimated fair value. The current PS Ratio is 0.04, which is 60% below median its 10-year median of 0.10 and 96.9% below the Oil & Gas industry median of 1.31. Hengyuan Refining Co Bhd's overall GF Score™ is 53/100 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 Hengyuan Refining Co Bhd (XKLS:4324), the current PS Ratio is 0.04 as of Jul. 12, 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 Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be undervalued.
The current stock price of RM1.16 is trading 1.7% below its estimated GF Value™ of RM1.18.
GuruFocus considers Hengyuan Refining Co Bhd to be Fairly Valued.
Key valuation signals for XKLS:4324:
PS Ratio: 0.04 (60% below median its 10-year median of 0.10)
GF Value™: RM1.18 vs. price of RM1.16 (1.7% below fair value)
Industry Position: 96.9% below the Oil & Gas median (#11 of 879)
No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
53GF Score
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