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Axis Real Estate Investment Trust (XKLS:5106) Cyclically Adjusted PB Ratio : 1.12 (As of Jun. 03, 2025)


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What is Axis Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Axis Real Estate Investment Trust's current share price is RM1.91. Axis Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM1.70. Axis Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for Axis Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5106' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.21   Max: 1.73
Current: 1.13

During the past years, Axis Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 1.02. And the median was 1.21.

XKLS:5106's Cyclically Adjusted PB Ratio is ranked worse than
69.42% of 520 companies
in the REITs industry
Industry Median: 0.815 vs XKLS:5106: 1.13

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.

Axis Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2025 was RM1.653. 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 RM1.70 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axis Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Axis Real Estate Investment Trust's Cyclically Adjusted PB 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.

* Premium members only.

Axis Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Axis Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.34 1.16 1.11 1.03

Axis Real Estate Investment Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 1.10 1.10 1.10 1.03 1.06

Competitive Comparison of Axis Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Axis 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.


Axis Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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


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Axis Real Estate Investment Trust 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.

Axis Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.91/1.70
=1.12

* 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.

Axis Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Axis Real Estate Investment Trust's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.653/134.9266*134.9266
=1.653

Current CPI (Mar. 2025) = 134.9266.

Axis Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.234 100.684 1.654
201509 1.235 100.392 1.660
201512 1.295 99.792 1.751
201603 1.233 100.470 1.656
201606 1.246 101.688 1.653
201609 1.259 101.861 1.668
201612 1.260 101.863 1.669
201703 1.260 102.862 1.653
201706 1.259 103.349 1.644
201709 1.267 104.136 1.642
201712 1.291 104.011 1.675
201803 1.307 105.290 1.675
201806 1.310 106.317 1.663
201809 1.314 106.507 1.665
201812 1.345 105.998 1.712
201903 1.342 107.251 1.688
201906 1.342 108.070 1.676
201909 1.339 108.329 1.668
201912 1.448 108.420 1.802
202003 1.459 108.902 1.808
202006 1.480 108.767 1.836
202009 1.482 109.815 1.821
202012 1.472 109.897 1.807
202103 1.473 111.754 1.778
202106 1.472 114.631 1.733
202109 1.474 115.734 1.718
202112 1.546 117.630 1.773
202203 1.549 121.301 1.723
202206 1.554 125.017 1.677
202209 1.555 125.227 1.675
202212 1.567 125.222 1.688
202303 1.572 127.348 1.666
202306 1.571 128.729 1.647
202309 1.575 129.860 1.636
202312 1.617 129.419 1.686
202403 1.617 131.776 1.656
202406 1.617 132.554 1.646
202409 1.616 133.029 1.639
202412 1.641 133.157 1.663
202503 1.653 134.927 1.653

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


Axis Real Estate Investment Trust  (XKLS:5106) 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.


Axis Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Axis Real Estate Investment Trust's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Axis Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan 51A/223, Section 51A, Penthouse, Menara Axis, Petaling Jaya, SGR, MYS, 46100
Axis Real Estate Investment Trust owns and invests in industrial and office real estate. It currently has a diverse portfolio of properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. The primary objectives of the Fund are to provide unitholders with a stable and growing distribution of income and to achieve long-term growth, in the net asset value per unit of the Fund.

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