CWG Holdings Bhd (XKLS:9423) PS Ratio: 0.32 (As of Jul. 14, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:9423 CWG Holdings Bhd XKLS:9423
54 GF Score
Price RM0.17
GF Value RM0.28
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is CWG Holdings Bhd PS Ratio?

CWG Holdings Bhd XKLS:9423 +10.00% 54 PS Ratio is 0.32 as of Jul. 14, 2026, which is 42% below its 10-year median of 0.55. GuruFocus rates XKLS:9423 with a GF Score™ of 54/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 281 Forest Products companies, CWG Holdings Bhd ranks better than 70.46% 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, CWG Holdings Bhd's share price is RM0.165. CWG Holdings Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.52. Hence, CWG Holdings Bhd's PS Ratio for today is 0.32.

Good Sign:

CWG Holdings Bhd stock PS Ratio (=0.29) is close to 10-year low of 0.29.

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

XKLS:9423' s PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.55   Max: 1.1
Current: 0.32

During the past 13 years, CWG Holdings Bhd's highest PS Ratio was 1.10. The lowest was 0.29. And the median was 0.55.

XKLS:9423's PS Ratio is ranked better than
70.46% of 281 companies
in the Forest Products industry
Industry Median: 0.62 vs XKLS:9423: 0.32

CWG Holdings Bhd's Revenue per Sharefor the three months ended in Mar. 2026 was RM0.07. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.52.

Warning Sign:

CWG Holdings 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 CWG Holdings Bhd was 36.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -9.80% per year.

During the past 13 years, CWG Holdings Bhd's highest 3-Year average Revenue per Share Growth Rate was 5.20% per year. The lowest was -19.20% per year. And the median was -4.40% per year.

Back to Basics: PS Ratio


CWG Holdings Bhd  (XKLS:9423) 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.


CWG Holdings Bhd PS Ratio Related Terms


CWG Holdings Bhd PS Ratio Historical Data

* Premium members only.

The historical data trend for CWG 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.

CWG Holdings Bhd PS Ratio Chart

CWG Holdings Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.64 0.54 0.57 0.38

CWG 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 0.48 0.38 0.42 0.33 0.31

XKLS:9423 vs SLVM: PS Ratio Comparison

For the Paper & Paper Products subindustry, CWG 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.


CWG Holdings Bhd PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, CWG Holdings Bhd's PS Ratio distribution charts can be found below:

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


XKLS:9423
54GF Score
CWG Holdings Bhd XKLS:9423
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWG 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.

CWG Holdings Bhd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.165/0.522
=0.32

CWG Holdings Bhd's Share Price of today is RM0.165.
CWG 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 RM0.52.

* 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 0.32 mean?
CWG Holdings Bhd (XKLS:9423) has a PS Ratio of 0.32 as of Jul. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on CWG Holdings Bhd and its competitors. This is 42% below median its historical median of 0.55. Over the past decade, CWG Holdings Bhd's PS Ratio has ranged from 0.29 to 1.10. According to the industry distribution chart, CWG Holdings Bhd ranks #83 out of 281 companies in the Forest Products industry, placing it in the top 29.5%.
Is CWG Holdings Bhd's PS Ratio too high?
CWG Holdings Bhd's current PS Ratio of 0.32 is 42% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.10. The Forest Products industry median PS Ratio is 0.62. CWG Holdings Bhd's value of 0.32 is 48.4% below this industry median. Based on the distribution chart, CWG Holdings Bhd ranks #83 out of 281 companies in the Forest Products industry, which is above the industry midpoint. Overall, CWG Holdings Bhd has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CWG Holdings Bhd's PS Ratio compare to SLVM?
According to the Forest Products industry distribution chart, CWG Holdings Bhd ranks #83 out of 281 companies for PS Ratio. This puts CWG Holdings Bhd in the upper half of its industry. The industry median PS Ratio is 0.62. CWG Holdings Bhd's value of 0.32 is 48.4% below this benchmark. Historically, CWG Holdings Bhd's own PS Ratio has ranged from 0.29 to 1.10 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.62, CWG Holdings 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 a Forest Products company?
The median PS Ratio among Forest Products companies is 0.62, based on 281 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. CWG Holdings Bhd's current PS Ratio of 0.32 is 48.4% 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 CWG Holdings Bhd and its competitors. For the Forest Products industry, the median PS Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWG Holdings Bhd's current PS Ratio is 0.32, which is 42% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CWG Holdings Bhd (XKLS:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.17 — trading 41.1% below its estimated fair value. The current PS Ratio is 0.32, which is 42% below median its 10-year median of 0.55 and 48.4% below the Forest Products industry median of 0.62. CWG Holdings Bhd's overall GF Score™ is 54/100 with 5 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 CWG Holdings Bhd (XKLS:9423), the current PS Ratio is 0.32 as of Jul. 14, 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 CWG Holdings Bhd (XKLS:9423) Overvalued in 2026?

Based on GuruFocus' analysis, CWG Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 41.1% below its estimated GF Value™ of RM0.28. GuruFocus considers CWG Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9423:

  • PS Ratio: 0.32 (42% below median its 10-year median of 0.55)
  • GF Value™: RM0.28 vs. price of RM0.17 (41.1% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 48.4% below the Forest Products median (#83 of 281)

No single metric tells the full story. See the XKLS:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWG Holdings Bhd Business Description

Address 6428, Lorong Mak Mandin Tiga, Mak Mandin Industrial Estate, Butterworth, Seberang Perai, PNG, MYS, 13400
CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is involved in the manufacture and sale of stationery and printing material. The products offered include spiral notebooks, pads, hardcover books, files, paper bags, gift wraps, and the publishing of children's books. The group has three segments namely, Manufacture and sale of stationery and printing materials, property development and Investment holding. The company geographically operates in Malaysia, Other Asian countries, Oceania, Europe, Africa and America. It generates majority of its revenue from Other Asian countries.
54GF Score

Get the complete analysis for XKLS:9423

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

RM0.17
Price
RM0.28
GF Value