KIP Real Estate Investment Trust (XKLS:5280) Cyclically Adjusted PB Ratio: (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:5280 KIP Real Estate Investment Trust XKLS:5280
50 GF Score
Price RM0.87
GF Value RM0.88
Valuation Fairly Valued
! 10 Warning Signs
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What is KIP Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KIP Real Estate Investment Trust  (XKLS:5280) 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.


KIP Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


KIP Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KIP 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.

KIP Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

KIP Real Estate Investment Trust Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

KIP 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 0.00 0.00 0.00 0.69 0.00

XKLS:5280 vs SPG, O, KIM: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, KIP 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.


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

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

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


XKLS:5280
50GF Score
KIP Real Estate Investment Trust XKLS:5280
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KIP 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.

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

For example, KIP 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)
=1.15/333.9520*333.9520
=1.150

Current CPI (Jun. 2026) = 333.9520.

KIP Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 238.132 0.000
201612 1.011 241.432 1.398
201703 0.990 243.801 1.356
201706 0.998 244.955 1.361
201709 0.994 246.819 1.345
201712 0.997 246.524 1.351
201803 0.997 249.554 1.334
201806 1.003 251.989 1.329
201809 1.000 252.439 1.323
201812 1.001 251.233 1.331
201903 1.000 254.202 1.314
201906 1.008 256.143 1.314
201909 1.029 256.759 1.338
201912 1.034 256.974 1.344
202003 1.034 258.115 1.338
202006 1.009 257.797 1.307
202009 1.011 260.280 1.297
202012 1.013 260.474 1.299
202103 1.014 264.877 1.278
202106 1.016 271.696 1.249
202109 1.012 274.310 1.232
202112 1.014 278.802 1.215
202203 1.017 287.504 1.181
202206 1.097 296.311 1.236
202209 1.057 296.808 1.189
202212 1.056 296.797 1.188
202303 1.099 301.836 1.216
202306 1.088 305.109 1.191
202309 1.088 307.789 1.180
202312 1.084 306.746 1.180
202403 1.085 312.332 1.160
202406 1.095 314.175 1.164
202409 1.092 315.301 1.157
202412 1.024 315.605 1.084
202503 1.037 319.799 1.083
202506 1.120 322.561 1.160
202509 1.073 324.800 1.103
202512 1.069 324.054 1.102
202603 1.071 330.213 1.083
202606 1.150 333.952 1.150

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 KIP Real Estate Investment Trust (XKLS:5280) Overvalued in 2026?

Based on GuruFocus' analysis, KIP Real Estate Investment Trust stock appears to be undervalued. The current stock price of RM0.87 is trading 1.7% below its estimated GF Value™ of RM0.88. GuruFocus considers KIP Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5280:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: RM0.88 vs. price of RM0.87 (1.7% below fair value)
  • GF Score™: 50/100 with 10 warning signs

No single metric tells the full story. See the XKLS:5280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KIP Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address No. 1, Jalan Seri Utara 1, Unit B-6, Block B, Tingkat 6, Menara KIP, Sri Utara Off Jalan Ipoh, Kuala Lumpur, MYS, 68100
KIP Real Estate Investment Trust is a Malaysia-based real estate investment trust focused on investing in income-producing properties used for retail, industrial, and commercial purposes. Its portfolio includes community-centric retail centers and industrial properties located mainly in suburban areas across Malaysia. The company generates revenue by leasing these properties, aiming to provide unitholders with regular and stable income distributions through sustainable income and capital growth from its long-term real estate assets. The majority of revenue was derived from the retail segment.
50GF Score

Get the complete analysis for XKLS:5280

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

RM0.87
Price
RM0.88
GF Value