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BKK:AIMIRT's Cyclically Adjusted PB Ratio is ranked worse than 56% of 550
companies
in the REITs industry
Industry Median: 0.79
vs BKK:AIMIRT: 0.87
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.
AIM Industrial Growth Freehold And Leasehold REIT's adjusted book value per share data for the three months ended in Jun. 2026 was ฿12.366. 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 ฿14.32 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
AIM Industrial Growth Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Related Terms
AIM Industrial Growth Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Historical Data
* 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.
AIM Industrial Growth Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Chart
AIM Industrial Growth Freehold And Leasehold REIT Annual Data
BKK:AIMIRT vs PLD, PSA, EXR: Cyclically Adjusted PB Ratio Comparison
For the REIT - Industrial subindustry, AIM Industrial Growth Freehold And Leasehold REIT'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.
AIM Industrial Growth Freehold And Leasehold REIT Cyclically Adjusted PB Ratio vs REITs Industry
AIM Industrial Growth Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.87 mean?
AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on AIM Industrial Growth Freehold And Leasehold REIT and its competitors. This is near median its historical median of 0.87. Over the past decade, AIM Industrial Growth Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio has ranged from 0.81 to 0.88. According to the industry distribution chart, AIM Industrial Growth Freehold And Leasehold REIT ranks #308 out of 550 companies in the REITs industry, placing it in the top 56%.
Is AIM Industrial Growth Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio too high?
AIM Industrial Growth Freehold And Leasehold REIT's current Cyclically Adjusted PB Ratio of 0.87 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 0.88. The REITs industry median Cyclically Adjusted PB Ratio is 0.79. AIM Industrial Growth Freehold And Leasehold REIT's value of 0.87 is 10.1% above this industry median. Based on the distribution chart, AIM Industrial Growth Freehold And Leasehold REIT ranks #308 out of 550 companies in the REITs industry, which is below the industry midpoint. Overall, AIM Industrial Growth Freehold And Leasehold REIT has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIM Industrial Growth Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, AIM Industrial Growth Freehold And Leasehold REIT ranks #308 out of 550 companies for Cyclically Adjusted PB Ratio. This places AIM Industrial Growth Freehold And Leasehold REIT in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.79. AIM Industrial Growth Freehold And Leasehold REIT's value of 0.87 is 10.1% above this benchmark. Historically, AIM Industrial Growth Freehold And Leasehold REIT's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 0.88 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.79, AIM Industrial Growth Freehold And Leasehold REIT 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 Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.79, based on 550 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AIM Industrial Growth Freehold And Leasehold REIT's current Cyclically Adjusted PB Ratio of 0.87 is 10.1% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on AIM Industrial Growth Freehold And Leasehold REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIM Industrial Growth Freehold And Leasehold REIT's current Cyclically Adjusted PB Ratio is 0.87, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIM Industrial Growth Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿11.16, compared to a current price of ฿12.40 — trading 11.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is near median its 10-year median of 0.87 and 10.1% above the REITs industry median of 0.79. AIM Industrial Growth Freehold And Leasehold REIT's overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 31, 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 AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) Overvalued in 2026?
Based on GuruFocus' analysis, AIM Industrial Growth Freehold And Leasehold REIT stock appears to be overvalued.
The current stock price of ฿12.40 is trading 11.1% above its estimated GF Value™ of ฿11.16.
GuruFocus considers AIM Industrial Growth Freehold And Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:AIMIRT:
Cyclically Adjusted PB Ratio: 0.87 (near median its 10-year median of 0.87)
GF Value™: ฿11.16 vs. price of ฿12.40 (11.1% above fair value)
Industry Position: 10.1% above the REITs median (#308 of 550)
No single metric tells the full story. See the BKK:AIMIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIM Industrial Growth Freehold And Leasehold REIT operates as a real estate investment trust. The Trust's objectives are to mobilize funds raised from investors and loans from financial institutions to invest in the freehold or leasehold right of the immovable assets (including sub-leasehold right of immovable assets) and movable assets. It invests in various types of industrial properties including warehouses, distribution centers, cold storage warehouses, factories, and liquid chemical storage tanks, as well as other real estate related to, supporting, or promoting the business of renting out such properties and other assets that may enhance the trust's investments.
77GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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