AmanahRaya Real Estate Investment Trust (XKLS:5127) Cyclically Adjusted Book per Share: RM1.55 (As of Mar. 2026)


XKLS:5127 AmanahRaya Real Estate Investment Trust XKLS:5127
32 GF Score
Price RM0.40
GF Value RM0.44
Valuation Fairly Valued
! 11 Warning Signs
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What is AmanahRaya Real Estate Investment Trust Cyclically Adjusted Book per Share?

AmanahRaya Real Estate Investment Trust XKLS:5127 +1.27% 32 Cyclically Adjusted Book per Share is RM1.55 as of Mar. 2026. GuruFocus rates XKLS:5127 with a GF Score™ of 32/100 and a GF Value™ of RM0.44 (Fairly Valued). The stock has 11 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

AmanahRaya Real Estate Investment Trust's adjusted book value per share for the three months ended in Mar. 2026 was RM1.257. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM1.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AmanahRaya Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of AmanahRaya Real Estate Investment Trust was 4.90% per year. The lowest was 1.80% per year. And the median was 3.50% per year.

As of today (2026-07-07), AmanahRaya Real Estate Investment Trust's current stock price is RM0.40. AmanahRaya Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.55. AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AmanahRaya Real Estate Investment Trust was 0.55. The lowest was 0.20. And the median was 0.30.


AmanahRaya Real Estate Investment Trust  (XKLS:5127) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.40/1.55
=0.26

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AmanahRaya Real Estate Investment Trust was 0.55. The lowest was 0.20. And the median was 0.30.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


AmanahRaya Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms


AmanahRaya Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AmanahRaya Real Estate Investment Trust's Cyclically Adjusted Book 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.

AmanahRaya Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

AmanahRaya Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.45 1.49 1.52 1.53

AmanahRaya Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book 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 1.53 1.54 1.54 1.53 1.55

XKLS:5127 vs VICI, WPC, BNL: Cyclically Adjusted Book per Share Comparison

For the REIT - Diversified subindustry, AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


AmanahRaya Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


XKLS:5127
32GF Score
AmanahRaya Real Estate Investment Trust XKLS:5127
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AmanahRaya Real Estate Investment Trust Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, AmanahRaya Real Estate Investment Trust's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.257/330.2130*330.2130
=1.257

Current CPI (Mar. 2026) = 330.2130.

AmanahRaya Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.187 241.018 1.626
201609 1.187 241.428 1.624
201612 1.197 241.432 1.637
201703 1.197 243.801 1.621
201706 1.197 244.955 1.614
201709 1.198 246.819 1.603
201712 1.271 246.524 1.702
201803 1.389 249.554 1.838
201806 1.397 251.989 1.831
201809 1.392 252.439 1.821
201812 1.352 251.233 1.777
201903 1.364 254.202 1.772
201906 1.354 256.143 1.746
201909 1.355 256.759 1.743
201912 1.355 256.974 1.741
202003 1.354 258.115 1.732
202006 1.361 257.797 1.743
202009 1.355 260.280 1.719
202012 1.303 260.474 1.652
202103 1.318 264.877 1.643
202106 1.304 271.696 1.585
202109 1.321 274.310 1.590
202112 1.301 278.802 1.541
202203 1.308 287.504 1.502
202206 1.297 296.311 1.445
202209 1.306 296.808 1.453
202212 1.284 296.797 1.429
202303 1.289 301.836 1.410
202306 1.275 305.109 1.380
202309 1.277 307.789 1.370
202312 1.266 306.746 1.363
202403 1.270 312.332 1.343
202406 1.269 314.175 1.334
202409 1.274 315.301 1.334
202412 1.260 315.605 1.318
202503 1.272 319.799 1.313
202506 1.259 322.561 1.289
202509 1.264 324.800 1.285
202512 1.252 324.054 1.276
202603 1.257 330.213 1.257

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of RM1.55 mean?
AmanahRaya Real Estate Investment Trust (XKLS:5127) has a Cyclically Adjusted Book per Share of RM1.55 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on AmanahRaya Real Estate Investment Trust and its competitors.
Is AmanahRaya Real Estate Investment Trust's Cyclically Adjusted Book per Share too high?
AmanahRaya Real Estate Investment Trust's current Cyclically Adjusted Book per Share is RM1.55. Overall, AmanahRaya Real Estate Investment Trust has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AmanahRaya Real Estate Investment Trust's Cyclically Adjusted Book per Share compare to VICI and WPC?
AmanahRaya Real Estate Investment Trust's Cyclically Adjusted Book per Share of RM1.55 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 Cyclically Adjusted Book per Share for a REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs industry context. However, Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on AmanahRaya Real Estate Investment Trust and its competitors. AmanahRaya Real Estate Investment Trust's current Cyclically Adjusted Book per Share is RM1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmanahRaya Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, AmanahRaya Real Estate Investment Trust (XKLS:5127) is currently considered Fairly Valued. The stock's GF Value™ is RM0.44, compared to a current price of RM0.40 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is RM1.55. AmanahRaya Real Estate Investment Trust's overall GF Score™ is 32/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For AmanahRaya Real Estate Investment Trust (XKLS:5127), the current Cyclically Adjusted Book per Share is RM1.55 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 AmanahRaya Real Estate Investment Trust (XKLS:5127) Overvalued in 2026?

Based on GuruFocus' analysis, AmanahRaya Real Estate Investment Trust stock appears to be undervalued. The current stock price of RM0.40 is trading 9.1% below its estimated GF Value™ of RM0.44. GuruFocus considers AmanahRaya Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5127:

  • Cyclically Adjusted Book per Share: RM1.55
  • GF Value™: RM0.44 vs. price of RM0.40 (9.1% below fair value)
  • GF Score™: 32/100 with 11 warning signs

No single metric tells the full story. See the XKLS:5127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AmanahRaya Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 348 Jalan Tun Razak, The Intermark, Level 46, Vista Tower, Kuala Lumpur, SGR, MYS, 50400
AmanahRaya Real Estate Investment Trust owns a diverse portfolio of real estate properties and real estate-related assets, including hotels, industrial, education, and office properties. Its objective is to achieve an attractive level of return from rental income and long-term capital growth. The company solely operates in Malaysia. The company's office properties add up to the highest Fair market value in its portfolio, followed by Education properties.
32GF Score

Get the complete analysis for XKLS:5127

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

RM0.40
Price
RM0.44
GF Value