IGB Commercial REIT (XKLS:5299) Book Value per Share: RM0.96 (As of Mar. 2026)

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XKLS:5299 IGB Commercial REIT XKLS:5299
33 GF Score
Price RM0.61
GF Value RM0.63
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is IGB Commercial REIT Book Value per Share?

IGB Commercial REIT XKLS:5299 33 Book Value per Share is RM0.96 as of Mar. 2026. GuruFocus rates XKLS:5299 with a GF Score™ of 33/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review.

IGB Commercial REIT's book value per share for the quarter that ended in Mar. 2026 was RM0.96.

During the past 12 months, IGB Commercial REIT's average Book Value Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of IGB Commercial REIT was -0.90% per year. The lowest was -1.40% per year. And the median was -1.15% per year.

IGB Commercial REIT's current price is RM0.605. Its book value per share for the quarter that ended in Mar. 2026 was RM0.96. Hence, today's PB Ratio of IGB Commercial REIT is 0.63.

During the past 8 years, the highest P/B Ratio of IGB Commercial REIT was 0.68. The lowest was 0.49. And the median was 0.56.

Warning Sign:

IGB Commercial REIT stock PB Ratio (=0.63) is close to 5-year high of 0.68.


IGB Commercial REIT  (XKLS:5299) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


IGB Commercial REIT Book Value per Share Related Terms


IGB Commercial REIT Book Value per Share Historical Data

* Premium members only.

The historical data trend for IGB Commercial REIT's Book Value per Share 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.

IGB Commercial REIT Book Value per Share Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 1.00 0.98 0.97 0.95 0.96

IGB Commercial REIT Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 0.95 0.95 0.95 0.96 0.96

XKLS:5299 vs BXP, ARE, VNO: Book Value per Share Comparison

For the REIT - Office subindustry, IGB Commercial REIT's PB Ratio, along with its competitors' market caps and PB 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.


IGB Commercial REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, IGB Commercial REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where IGB Commercial REIT's PB Ratio falls into.


XKLS:5299
33GF Score
IGB Commercial REIT XKLS:5299
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Commercial REIT Book Value per Share Calculation

IGB Commercial REIT's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,319.2-0.0)/2,417.5
=0.96

IGB Commercial REIT's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,323.8-0.0)/2,421.2
=0.96

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of RM0.96 mean?
IGB Commercial REIT (XKLS:5299) has a Book Value per Share of RM0.96 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on IGB Commercial REIT and its competitors.
Is IGB Commercial REIT's Book Value per Share too high?
IGB Commercial REIT's current Book Value per Share is RM0.96. Overall, IGB Commercial REIT has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Book Value per Share compare to BXP and ARE?
IGB Commercial REIT's Book Value per Share of RM0.96 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on IGB Commercial REIT and its competitors. IGB Commercial REIT's current Book Value per Share is RM0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 4% below its estimated fair value. The current Book Value per Share is RM0.96. IGB Commercial REIT's overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For IGB Commercial REIT (XKLS:5299), the current Book Value per Share is RM0.96 as of Mar. 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued. The current stock price of RM0.61 is trading 4% below its estimated GF Value™ of RM0.63. GuruFocus considers IGB Commercial REIT to be Fairly Valued.

Key valuation signals for XKLS:5299:

  • Book Value per Share: RM0.96
  • GF Value™: RM0.63 vs. price of RM0.61 (4% below fair value)
  • GF Score™: 33/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Commercial REIT Business Description

Industry Real EstateREITs
Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
33GF Score

Get the complete analysis for XKLS:5299

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

RM0.61
Price
RM0.63
GF Value