Tower Real Estate Investment Trust (XKLS:5111) Cyclically Adjusted PS Ratio: 2.38 (As of Jul. 23, 2026) — 11% Below Median

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XKLS:5111 Tower Real Estate Investment Trust XKLS:5111
29 GF Score
Price RM0.31
GF Value RM0.27
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tower Real Estate Investment Trust Cyclically Adjusted PS Ratio?

Tower Real Estate Investment Trust XKLS:5111 29 Cyclically Adjusted PS Ratio is 2.38 as of Jul. 23, 2026, which is 11% below its 10-year median of 2.66. GuruFocus rates XKLS:5111 with a GF Score™ of 29/100 and a GF Value™ of RM0.27 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 551 REITs companies, Tower Real Estate Investment Trust ranks better than 81.49% on this metric.

As of today (2026-07-23), Tower Real Estate Investment Trust's current share price is RM0.31. Tower Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.13. Tower Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 2.38.

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

XKLS:5111' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 2.66   Max: 4.26
Current: 2.44

During the past years, Tower Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 4.26. The lowest was 2.00. And the median was 2.66.

XKLS:5111's Cyclically Adjusted PS Ratio is ranked better than
81.49% of 551 companies
in the REITs industry
Industry Median: 5.89 vs XKLS:5111: 2.44

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tower Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.022. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is RM0.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tower Real Estate Investment Trust  (XKLS:5111) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Tower Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


Tower Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tower Real Estate Investment Trust's Cyclically Adjusted PS 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.

Tower Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

Tower Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 2.83 2.80 2.33 2.22

Tower Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 2.23 2.22 2.24 2.41 2.13

XKLS:5111 vs BXP, ARE, VNO: Cyclically Adjusted PS Ratio Comparison

For the REIT - Office subindustry, Tower Real Estate Investment Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Tower Real Estate Investment Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


XKLS:5111
29GF Score
Tower Real Estate Investment Trust XKLS:5111
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tower Real Estate Investment Trust Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Tower Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.31/0.13
=2.38

* 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.

Tower Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tower Real Estate Investment Trust's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.022/330.2130*330.2130
=0.022

Current CPI (Mar. 2026) = 330.2130.

Tower Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.034 238.132 0.047
201606 0.033 241.018 0.045
201609 0.031 241.428 0.042
201612 0.032 241.432 0.044
201703 0.031 243.801 0.042
201706 0.031 244.955 0.042
201709 0.027 246.819 0.036
201712 0.026 246.524 0.035
201803 0.024 249.554 0.032
201806 0.025 251.989 0.033
201809 0.025 252.439 0.033
201903 0.023 254.202 0.030
201906 0.023 256.143 0.030
201909 0.020 256.759 0.026
201912 0.020 256.974 0.026
202003 0.020 258.115 0.026
202006 0.017 257.797 0.022
202009 0.023 260.280 0.029
202012 0.031 260.474 0.039
202103 0.030 264.877 0.037
202106 0.029 271.696 0.035
202109 0.029 274.310 0.035
202112 0.029 278.802 0.034
202203 0.028 287.504 0.032
202206 0.029 296.311 0.032
202209 0.029 296.808 0.032
202212 0.030 296.797 0.033
202303 0.029 301.836 0.032
202306 0.031 305.109 0.034
202309 0.032 307.789 0.034
202312 0.033 306.746 0.036
202403 0.033 312.332 0.035
202406 0.020 314.175 0.021
202409 0.020 315.301 0.021
202412 0.021 315.605 0.022
202503 0.018 319.799 0.019
202506 0.020 322.561 0.020
202509 0.021 324.800 0.021
202512 0.022 324.054 0.022
202603 0.022 330.213 0.022

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 2.38 mean?
Tower Real Estate Investment Trust (XKLS:5111) has a Cyclically Adjusted PS Ratio of 2.38 as of Jul. 23, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tower Real Estate Investment Trust and its competitors. This is 11% below median its historical median of 2.66. Over the past decade, Tower Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 2.00 to 4.26. According to the industry distribution chart, Tower Real Estate Investment Trust ranks #102 out of 551 companies in the REITs industry, placing it in the top 18.5%.
Is Tower Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
Tower Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 2.38 is 11% below median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.26. The REITs industry median Cyclically Adjusted PS Ratio is 5.89. Tower Real Estate Investment Trust's value of 2.38 is 59.6% below this industry median. Based on the distribution chart, Tower Real Estate Investment Trust ranks #102 out of 551 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Tower Real Estate Investment Trust has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tower Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Tower Real Estate Investment Trust ranks #102 out of 551 companies for Cyclically Adjusted PS Ratio. This places Tower Real Estate Investment Trust in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.89. Tower Real Estate Investment Trust's value of 2.38 is 59.6% below this benchmark. Historically, Tower Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 2.00 to 4.26 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 5.89, Tower 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 PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.89, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tower Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 2.38 is 59.6% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tower Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tower Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 2.38, which is 11% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Tower Real Estate Investment Trust (XKLS:5111) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.31 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.38, which is 11% below median its 10-year median of 2.66 and 59.6% below the REITs industry median of 5.89. Tower Real Estate Investment Trust's overall GF Score™ is 29/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Tower Real Estate Investment Trust (XKLS:5111), the current Cyclically Adjusted PS Ratio is 2.38 as of Jul. 23, 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 Tower Real Estate Investment Trust (XKLS:5111) Overvalued in 2026?

Based on GuruFocus' analysis, Tower Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM0.31 is trading 14.8% above its estimated GF Value™ of RM0.27. GuruFocus considers Tower Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for XKLS:5111:

  • Cyclically Adjusted PS Ratio: 2.38 (11% below median its 10-year median of 2.66)
  • GF Value™: RM0.27 vs. price of RM0.31 (14.8% above fair value)
  • GF Score™: 29/100 with 7 warning signs
  • Industry Position: 59.6% below the REITs median (#102 of 551)

No single metric tells the full story. See the XKLS:5111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tower Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address No. 6, Jalan Damanlela, Level 13, Menara Guoco, Bukit Damansara, Damansara City, Kuala Lumpur, SGR, MYS, 50490
Tower Real Estate Investment Trust is a real estate investment trust engaged in owning and investing in commercial office buildings and other prime real estate assets. The trust focuses on generating stable and regular income distributions for its unitholders while seeking medium to long-term growth in net asset value. It holds a portfolio of high-quality office and commercial properties, located mainly in strategic urban areas. The business model centers on leasing these properties to a diverse range of tenants, including multinational corporations and emerging businesses. Tower REIT only has one reportable segment, i.e. leasing of investment properties. The majority source of revenue for the company is through the rental income.
29GF Score

Get the complete analysis for XKLS:5111

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

RM0.31
Price
RM0.27
GF Value