Sentral REIT (XKLS:5123) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 03, 2026) — Near Median

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XKLS:5123 Sentral REIT XKLS:5123
45 GF Score
Price RM0.74
GF Value RM0.80
Valuation Fairly Valued
! 5 Warning Signs
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What is Sentral REIT Cyclically Adjusted PB Ratio?

Sentral REIT XKLS:5123 45 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 03, 2026, which is 7% below its 10-year median of 0.54. GuruFocus rates XKLS:5123 with a GF Score™ of 45/100 and a GF Value™ of RM0.80 (Fairly Valued). The stock has 5 warning signs investors should review. Among 553 REITs companies, Sentral REIT ranks better than 73.24% on this metric.

As of today (2026-08-03), Sentral REIT's current share price is RM0.735. Sentral REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.48. Sentral REIT's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for Sentral REIT's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5123' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.54   Max: 0.66
Current: 0.49

During the past years, Sentral REIT's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.47. And the median was 0.54.

XKLS:5123's Cyclically Adjusted PB Ratio is ranked better than
73.24% of 553 companies
in the REITs industry
Industry Median: 0.81 vs XKLS:5123: 0.49

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.

Sentral REIT's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.131. 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 RM1.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sentral REIT  (XKLS:5123) 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.


Sentral REIT Cyclically Adjusted PB Ratio Related Terms


Sentral REIT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sentral REIT'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.

Sentral REIT Cyclically Adjusted PB Ratio Chart

Sentral REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.59 0.52 0.53 0.54

Sentral REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.52 0.52 0.52 0.54 0.47

XKLS:5123 vs BXP, ARE, VNO: Cyclically Adjusted PB Ratio Comparison

For the REIT - Office subindustry, Sentral 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.


Sentral REIT Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Sentral REIT's Cyclically Adjusted PB Ratio falls into.


XKLS:5123
45GF Score
Sentral REIT XKLS:5123
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sentral 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.

Sentral REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.735/1.48
=0.50

* 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.

Sentral REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sentral REIT'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)
=1.131/330.2130*330.2130
=1.131

Current CPI (Mar. 2026) = 330.2130.

Sentral REIT Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.362 241.018 1.866
201609 1.341 241.428 1.834
201612 1.273 241.432 1.741
201703 1.295 243.801 1.754
201706 1.315 244.955 1.773
201709 1.293 246.819 1.730
201712 1.297 246.524 1.737
201803 1.275 249.554 1.687
201806 1.296 251.989 1.698
201809 1.273 252.439 1.665
201812 1.280 251.233 1.682
201903 1.260 254.202 1.637
201906 1.275 256.143 1.644
201909 1.257 256.759 1.617
201912 1.235 256.974 1.587
202003 1.220 258.115 1.561
202006 1.238 257.797 1.586
202009 1.223 260.280 1.552
202012 1.235 260.474 1.566
202103 1.218 264.877 1.518
202106 1.239 271.696 1.506
202109 1.225 274.310 1.475
202112 1.230 278.802 1.457
202203 1.209 287.504 1.389
202206 1.226 296.311 1.366
202209 1.209 296.808 1.345
202212 1.205 296.797 1.341
202303 1.187 301.836 1.299
202306 1.203 305.109 1.302
202309 1.188 307.789 1.275
202312 1.132 306.746 1.219
202403 1.142 312.332 1.207
202406 1.159 314.175 1.218
202409 1.144 315.301 1.198
202412 1.159 315.605 1.213
202503 1.144 319.799 1.181
202506 1.160 322.561 1.188
202509 1.145 324.800 1.164
202512 1.144 324.054 1.166
202603 1.131 330.213 1.131

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.

What does a Cyclically Adjusted PB Ratio of 0.50 mean?
Sentral REIT (XKLS:5123) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 03, 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 Sentral REIT and its competitors. This is near median its historical median of 0.54. Over the past decade, Sentral REIT's Cyclically Adjusted PB Ratio has ranged from 0.47 to 0.66. According to the industry distribution chart, Sentral REIT ranks #148 out of 553 companies in the REITs industry, placing it in the top 26.8%.
Is Sentral REIT's Cyclically Adjusted PB Ratio too high?
Sentral REIT's current Cyclically Adjusted PB Ratio of 0.50 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.66. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Sentral REIT's value of 0.50 is 38.3% below this industry median. Based on the distribution chart, Sentral REIT ranks #148 out of 553 companies in the REITs industry, which is above the industry midpoint. Overall, Sentral REIT has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sentral REIT's Cyclically Adjusted PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Sentral REIT ranks #148 out of 553 companies for Cyclically Adjusted PB Ratio. This puts Sentral REIT in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Sentral REIT's value of 0.50 is 38.3% below this benchmark. Historically, Sentral REIT's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 0.66 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.81, Sentral REIT 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 Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 553 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. Sentral REIT's current Cyclically Adjusted PB Ratio of 0.50 is 38.3% 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 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 Sentral REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sentral REIT's current Cyclically Adjusted PB Ratio is 0.50, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sentral REIT stock overvalued right now?
Based on GuruFocus' analysis, Sentral REIT (XKLS:5123) is currently considered Fairly Valued. The stock's GF Value™ is RM0.80, compared to a current price of RM0.74 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is near median its 10-year median of 0.54 and 38.3% below the REITs industry median of 0.81. Sentral REIT's overall GF Score™ is 45/100 with 5 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 Sentral REIT (XKLS:5123), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 03, 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 Sentral REIT (XKLS:5123) Overvalued in 2026?

Based on GuruFocus' analysis, Sentral REIT stock appears to be undervalued. The current stock price of RM0.74 is trading 8.1% below its estimated GF Value™ of RM0.80. GuruFocus considers Sentral REIT to be Fairly Valued.

Key valuation signals for XKLS:5123:

  • Cyclically Adjusted PB Ratio: 0.50 (near median its 10-year median of 0.54)
  • GF Value™: RM0.80 vs. price of RM0.74 (8.1% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 38.3% below the REITs median (#148 of 553)

No single metric tells the full story. See the XKLS:5123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sentral REIT Business Description

Industry Real EstateREITs
Address Jalan Stesen Sentral 2, G27A, Level 3A, Block B, Platinum Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Sentral REIT is a real estate investment trust. The company is engaged in the acquisition of an investment in commercial properties including office, retail assets, and car parks. The properties of the company includes Cyberjaya, Petaling Jaya, Kuala Lumpur, Mont' Kiara, KL Sentral, and Penang.
45GF Score

Get the complete analysis for XKLS:5123

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

RM0.74
Price
RM0.80
GF Value