Atrium Real Estate Investment Trust (XKLS:5130) Cyclically Adjusted PB Ratio: 0.74 (As of Aug. 22, 2026) — 13% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:5130 Atrium Real Estate Investment Trust XKLS:5130
66 GF Score
Price RM1.21
GF Value RM1.43
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Atrium Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Atrium Real Estate Investment Trust XKLS:5130 +0.83% 66 Cyclically Adjusted PB Ratio is 0.74 as of Aug. 22, 2026, which is 13% below its 10-year median of 0.85. GuruFocus rates XKLS:5130 with a GF Score™ of 66/100 and a GF Value™ of RM1.43 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 549 REITs companies, Atrium Real Estate Investment Trust ranks better than 54.46% on this metric.

As of today (2026-08-22), Atrium Real Estate Investment Trust's current share price is RM1.21. Atrium Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM1.64. Atrium Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.74.

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

XKLS:5130' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.85   Max: 1.08
Current: 0.73

During the past years, Atrium Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.73. And the median was 0.85.

XKLS:5130's Cyclically Adjusted PB Ratio is ranked better than
54.46% of 549 companies
in the REITs industry
Industry Median: 0.8 vs XKLS:5130: 0.73

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.

Atrium Real Estate Investment Trust's adjusted book value per share data for the three months ended in Jun. 2026 was RM1.410. 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 RM1.64 for the trailing ten years ended in Jun. 2026.

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 0.76

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
66GF 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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.21/1.64
=0.74

* 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'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.

What does a Cyclically Adjusted PB Ratio of 0.74 mean?
Atrium Real Estate Investment Trust (XKLS:5130) has a Cyclically Adjusted PB Ratio of 0.74 as of Aug. 22, 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 Atrium Real Estate Investment Trust and its competitors. This is 13% below median its historical median of 0.85. Over the past decade, Atrium Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.08. According to the industry distribution chart, Atrium Real Estate Investment Trust ranks #250 out of 549 companies in the REITs industry, placing it in the top 45.5%.
Is Atrium Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
Atrium Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.74 is 13% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.08. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. Atrium Real Estate Investment Trust's value of 0.74 is 7.5% below this industry median. Based on the distribution chart, Atrium Real Estate Investment Trust ranks #250 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, Atrium Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atrium Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Atrium Real Estate Investment Trust ranks #250 out of 549 companies for Cyclically Adjusted PB Ratio. This puts Atrium Real Estate Investment Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. Atrium Real Estate Investment Trust's value of 0.74 is 7.5% below this benchmark. Historically, Atrium Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.08 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.80, Atrium Real Estate Investment Trust 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 0.80, based on 549 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. Atrium Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.74 is 7.5% 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 Atrium Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atrium Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 0.74, which is 13% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atrium Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Atrium Real Estate Investment Trust (XKLS:5130) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM1.21 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is 13% below median its 10-year median of 0.85 and 7.5% below the REITs industry median of 0.80. Atrium Real Estate Investment Trust's overall GF Score™ is 66/100 with 6 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 Atrium Real Estate Investment Trust (XKLS:5130), the current Cyclically Adjusted PB Ratio is 0.74 as of Aug. 22, 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 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 RM1.21 is trading 15.4% below its estimated GF Value™ of RM1.43. GuruFocus considers Atrium Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for XKLS:5130:

  • Cyclically Adjusted PB Ratio: 0.74 (13% below median its 10-year median of 0.85)
  • GF Value™: RM1.43 vs. price of RM1.21 (15.4% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 7.5% below the REITs median (#250 of 549)

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.
66GF 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.

RM1.21
Price
RM1.43
GF Value