Atrium Real Estate Investment Trust (XKLS:5130) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5130 Atrium Real Estate Investment Trust XKLS:5130
62 GF Score
Price RM1.23
GF Value RM1.44
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Atrium Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atrium Real Estate Investment Trust  (XKLS:5130) 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.


Atrium Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


Atrium Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atrium 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.

Atrium Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Atrium Real Estate Investment Trust 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 1.00 0.86 0.86 0.76 0.85

Atrium Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.81 0.80 0.85 0.77 0.00

XKLS:5130 vs PLD, PSA, EXR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, Atrium 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.


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

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

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


XKLS:5130
62GF Score
Atrium Real Estate Investment Trust XKLS:5130
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atrium 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.

Atrium Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.41/333.9520*333.9520
=1.410

Current CPI (Jun. 2026) = 333.9520.

Atrium Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.392 241.428 1.925
201612 1.373 241.432 1.899
201703 1.375 243.801 1.883
201706 1.376 244.955 1.876
201709 1.376 246.819 1.862
201712 1.448 246.524 1.962
201803 1.450 249.554 1.940
201806 1.451 251.989 1.923
201809 1.451 252.439 1.920
201812 1.464 251.233 1.946
201903 1.450 254.202 1.905
201906 1.397 256.143 1.821
201909 1.304 256.759 1.696
201912 1.279 256.974 1.662
202003 1.282 258.115 1.659
202006 1.286 257.797 1.666
202009 1.290 260.280 1.655
202012 1.299 260.474 1.665
202103 1.301 264.877 1.640
202106 1.302 271.696 1.600
202109 1.312 274.310 1.597
202112 1.286 278.802 1.540
202203 1.287 287.504 1.495
202206 1.292 296.311 1.456
202209 1.309 296.808 1.473
202212 1.314 296.797 1.478
202303 1.319 301.836 1.459
202306 1.322 305.109 1.447
202309 1.324 307.789 1.437
202312 1.344 306.746 1.463
202403 1.350 312.332 1.443
202406 1.356 314.175 1.441
202409 1.362 315.301 1.443
202412 1.426 315.605 1.509
202503 1.441 319.799 1.505
202506 1.443 322.561 1.494
202509 1.447 324.800 1.488
202512 1.387 324.054 1.429
202603 1.405 330.213 1.421
202606 1.410 333.952 1.410

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.

Is Atrium Real Estate Investment Trust (XKLS:5130) Overvalued in 2026?

Based on GuruFocus' analysis, Atrium Real Estate Investment Trust stock appears to be undervalued. The current stock price of RM1.23 is trading 14.6% below its estimated GF Value™ of RM1.44. GuruFocus considers Atrium Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for XKLS:5130:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM1.44 vs. price of RM1.23 (14.6% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atrium Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 36-2, Jalan 5/101C, Off Jalan Kaskas, Jalan Cheras, Kuala Lumpur, MYS, 56100
Atrium Real Estate Investment Trust is an industrial asset-focused real estate investment trust. The company focuses on investing in properties, which are all located in Malaysia, with the primary objective of deriving rental income. The company focuses its investments on real estate, non-real estate assets, cash, deposits, money market instruments, and any other investments allowed under the REITs Guidelines or authorized by the Securities Commission. Its property portfolio consists of nine industrial properties located in locations in the Klang Valley and Penang.
62GF Score

Get the complete analysis for XKLS:5130

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

RM1.23
Price
RM1.44
GF Value