AmFirst Real Estate Investment Trust (XKLS:5120) Cyclically Adjusted PS Ratio: 1.82 (As of Jul. 29, 2026) — Near Median

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XKLS:5120 AmFirst Real Estate Investment Trust XKLS:5120
43 GF Score
Price RM0.35
GF Value RM0.34
Valuation Fairly Valued
! 5 Warning Signs
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What is AmFirst Real Estate Investment Trust Cyclically Adjusted PS Ratio?

AmFirst Real Estate Investment Trust XKLS:5120 +1.47% 43 Cyclically Adjusted PS Ratio is 1.82 as of Jul. 29, 2026, which is 3% above its 10-year median of 1.76. GuruFocus rates XKLS:5120 with a GF Score™ of 43/100 and a GF Value™ of RM0.34 (Fairly Valued). The stock has 5 warning signs investors should review. Among 546 REITs companies, AmFirst Real Estate Investment Trust ranks better than 88.28% on this metric.

As of today (2026-07-29), AmFirst Real Estate Investment Trust's current share price is RM0.345. AmFirst Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.19. AmFirst Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 1.82.

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

XKLS:5120' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 1.76   Max: 2.44
Current: 1.78

During the past years, AmFirst Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 1.47. And the median was 1.76.

XKLS:5120's Cyclically Adjusted PS Ratio is ranked better than
88.28% of 546 companies
in the REITs industry
Industry Median: 5.815 vs XKLS:5120: 1.78

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.

AmFirst Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.042. 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 RM0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AmFirst Real Estate Investment Trust  (XKLS:5120) 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.


AmFirst Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


AmFirst Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AmFirst 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.

AmFirst Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

AmFirst Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.74 1.69 1.54 1.60

AmFirst 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 1.54 1.56 1.66 1.67 1.60

XKLS:5120 vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, AmFirst 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.


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

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

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


XKLS:5120
43GF Score
AmFirst Real Estate Investment Trust XKLS:5120
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AmFirst 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.

AmFirst 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
=0.345/0.19
=1.82

* 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.

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

For example, AmFirst 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)
=0.042/330.2130*330.2130
=0.042

Current CPI (Mar. 2026) = 330.2130.

AmFirst Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.041 241.018 0.056
201609 0.041 241.428 0.056
201612 0.040 241.432 0.055
201703 0.041 243.801 0.056
201706 0.041 244.955 0.055
201709 0.041 246.819 0.055
201712 0.043 246.524 0.058
201803 0.042 249.554 0.056
201806 0.041 251.989 0.054
201809 0.042 252.439 0.055
201812 0.043 251.233 0.057
201903 0.043 254.202 0.056
201906 0.044 256.143 0.057
201909 0.044 256.759 0.057
201912 0.044 256.974 0.057
202003 0.044 258.115 0.056
202006 0.039 257.797 0.050
202009 0.041 260.280 0.052
202012 0.040 260.474 0.051
202103 0.036 264.877 0.045
202106 0.037 271.696 0.045
202109 0.034 274.310 0.041
202112 0.038 278.802 0.045
202203 0.036 287.504 0.041
202206 0.037 296.311 0.041
202209 0.039 296.808 0.043
202212 0.038 296.797 0.042
202303 0.037 301.836 0.040
202306 0.036 305.109 0.039
202309 0.037 307.789 0.040
202312 0.037 306.746 0.040
202403 0.037 312.332 0.039
202406 0.038 314.175 0.040
202409 0.038 315.301 0.040
202412 0.040 315.605 0.042
202503 0.037 319.799 0.038
202506 0.040 322.561 0.041
202509 0.039 324.800 0.040
202512 0.040 324.054 0.041
202603 0.042 330.213 0.042

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 1.82 mean?
AmFirst Real Estate Investment Trust (XKLS:5120) has a Cyclically Adjusted PS Ratio of 1.82 as of Jul. 29, 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 AmFirst Real Estate Investment Trust and its competitors. This is near median its historical median of 1.76. Over the past decade, AmFirst Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 1.47 to 2.44. According to the industry distribution chart, AmFirst Real Estate Investment Trust ranks #64 out of 546 companies in the REITs industry, placing it in the top 11.7%.
Is AmFirst Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
AmFirst Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 1.82 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 2.44. The REITs industry median Cyclically Adjusted PS Ratio is 5.82. AmFirst Real Estate Investment Trust's value of 1.82 is 68.7% below this industry median. Based on the distribution chart, AmFirst Real Estate Investment Trust ranks #64 out of 546 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, AmFirst Real Estate Investment Trust has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AmFirst Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, AmFirst Real Estate Investment Trust ranks #64 out of 546 companies for Cyclically Adjusted PS Ratio. This places AmFirst Real Estate Investment Trust in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.82. AmFirst Real Estate Investment Trust's value of 1.82 is 68.7% below this benchmark. Historically, AmFirst Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 1.47 to 2.44 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 5.82, AmFirst 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 5.82, based on 546 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. AmFirst Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 1.82 is 68.7% 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 AmFirst Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmFirst Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 1.82, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmFirst Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, AmFirst Real Estate Investment Trust (XKLS:5120) is currently considered Fairly Valued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.35 — trading 1.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.82, which is near median its 10-year median of 1.76 and 68.7% below the REITs industry median of 5.82. AmFirst Real Estate Investment Trust's overall GF Score™ is 43/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For AmFirst Real Estate Investment Trust (XKLS:5120), the current Cyclically Adjusted PS Ratio is 1.82 as of Jul. 29, 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 AmFirst Real Estate Investment Trust (XKLS:5120) Overvalued in 2026?

Based on GuruFocus' analysis, AmFirst Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM0.35 is trading 1.5% above its estimated GF Value™ of RM0.34. GuruFocus considers AmFirst Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5120:

  • Cyclically Adjusted PS Ratio: 1.82 (near median its 10-year median of 1.76)
  • GF Value™: RM0.34 vs. price of RM0.35 (1.5% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 68.7% below the REITs median (#64 of 546)

No single metric tells the full story. See the XKLS:5120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AmFirst Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Jalan Stadium SS 7/15, SS 7, Suite 101-2, Level 1, Tower 2, Wisma AmFIRST, Petaling Jaya, SGR, MYS, 47301
AmFirst Real Estate Investment Trust is engaged mainly in owning and investing in real estate and related assets, through the ownership of single-purpose companies whose principal assets comprise of real estate and real estate-related assets. It owns a portfolio of almost nine commercial properties in majority growth areas of Malaysia, majorly in the Klang Valley.
43GF Score

Get the complete analysis for XKLS:5120

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

RM0.35
Price
RM0.34
GF Value