AmanahRaya Real Estate Investment Trust (XKLS:5127) Cyclically Adjusted PS Ratio: 2.35 (As of Jul. 27, 2026) — 15% Below Median

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XKLS:5127 AmanahRaya Real Estate Investment Trust XKLS:5127
32 GF Score
Price RM0.40
GF Value RM0.44
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

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

AmanahRaya Real Estate Investment Trust XKLS:5127 32 Cyclically Adjusted PS Ratio is 2.35 as of Jul. 27, 2026, which is 15% below its 10-year median of 2.75. GuruFocus rates XKLS:5127 with a GF Score™ of 32/100 and a GF Value™ of RM0.44 (Fairly Valued). The stock has 11 warning signs investors should review. Among 547 REITs companies, AmanahRaya Real Estate Investment Trust ranks better than 82.08% on this metric.

As of today (2026-07-27), AmanahRaya Real Estate Investment Trust's current share price is RM0.40. AmanahRaya Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.17. AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PS Ratio for today is 2.35.

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

XKLS:5127' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.75   Max: 5.42
Current: 2.36

During the past years, AmanahRaya Real Estate Investment Trust's highest Cyclically Adjusted PS Ratio was 5.42. The lowest was 1.82. And the median was 2.75.

XKLS:5127's Cyclically Adjusted PS Ratio is ranked better than
82.08% of 547 companies
in the REITs industry
Industry Median: 5.82 vs XKLS:5127: 2.36

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.

AmanahRaya Real Estate Investment Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.040. 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 RM0.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AmanahRaya Real Estate Investment Trust  (XKLS:5127) 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.


AmanahRaya Real Estate Investment Trust Cyclically Adjusted PS Ratio Related Terms


AmanahRaya Real Estate Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AmanahRaya 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.

AmanahRaya Real Estate Investment Trust Cyclically Adjusted PS Ratio Chart

AmanahRaya Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 3.81 2.52 2.42 2.02

AmanahRaya 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 2.48 2.43 2.23 2.02 1.89

XKLS:5127 vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, AmanahRaya 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.


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

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

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


XKLS:5127
32GF Score
AmanahRaya Real Estate Investment Trust XKLS:5127
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AmanahRaya 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.

AmanahRaya 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
=0.40/0.17
=2.35

* 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.

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

For example, AmanahRaya 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)
=0.04/330.2130*330.2130
=0.040

Current CPI (Mar. 2026) = 330.2130.

AmanahRaya Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.025 241.018 0.034
201609 0.025 241.428 0.034
201612 0.025 241.432 0.034
201703 0.027 243.801 0.037
201706 0.026 244.955 0.035
201709 0.026 246.819 0.035
201712 0.027 246.524 0.036
201803 0.040 249.554 0.053
201806 0.043 251.989 0.056
201809 0.043 252.439 0.056
201812 0.044 251.233 0.058
201903 0.042 254.202 0.055
201906 0.042 256.143 0.054
201909 0.042 256.759 0.054
201912 0.043 256.974 0.055
202003 0.039 258.115 0.050
202006 0.032 257.797 0.041
202009 0.039 260.280 0.049
202012 0.050 260.474 0.063
202103 0.037 264.877 0.046
202106 0.037 271.696 0.045
202109 0.039 274.310 0.047
202112 0.038 278.802 0.045
202203 0.033 287.504 0.038
202206 0.034 296.311 0.038
202209 0.033 296.808 0.037
202212 0.036 296.797 0.040
202303 0.032 301.836 0.035
202306 0.032 305.109 0.035
202309 0.031 307.789 0.033
202312 0.030 306.746 0.032
202403 0.030 312.332 0.032
202406 0.029 314.175 0.030
202409 0.033 315.301 0.035
202412 0.043 315.605 0.045
202503 0.035 319.799 0.036
202506 0.033 322.561 0.034
202509 0.040 324.800 0.041
202512 0.039 324.054 0.040
202603 0.040 330.213 0.040

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 2.35 mean?
AmanahRaya Real Estate Investment Trust (XKLS:5127) has a Cyclically Adjusted PS Ratio of 2.35 as of Jul. 27, 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 AmanahRaya Real Estate Investment Trust and its competitors. This is 15% below median its historical median of 2.75. Over the past decade, AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PS Ratio has ranged from 1.82 to 5.42. According to the industry distribution chart, AmanahRaya Real Estate Investment Trust ranks #98 out of 547 companies in the REITs industry, placing it in the top 17.9%.
Is AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PS Ratio too high?
AmanahRaya Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 2.35 is 15% below median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 5.42. The REITs industry median Cyclically Adjusted PS Ratio is 5.82. AmanahRaya Real Estate Investment Trust's value of 2.35 is 59.6% below this industry median. Based on the distribution chart, AmanahRaya Real Estate Investment Trust ranks #98 out of 547 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, AmanahRaya Real Estate Investment Trust has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AmanahRaya Real Estate Investment Trust's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, AmanahRaya Real Estate Investment Trust ranks #98 out of 547 companies for Cyclically Adjusted PS Ratio. This places AmanahRaya Real Estate Investment Trust in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.82. AmanahRaya Real Estate Investment Trust's value of 2.35 is 59.6% below this benchmark. Historically, AmanahRaya Real Estate Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 1.82 to 5.42 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 5.82, AmanahRaya 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 547 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. AmanahRaya Real Estate Investment Trust's current Cyclically Adjusted PS Ratio of 2.35 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 AmanahRaya 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. AmanahRaya Real Estate Investment Trust's current Cyclically Adjusted PS Ratio is 2.35, which is 15% below median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmanahRaya Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, AmanahRaya Real Estate Investment Trust (XKLS:5127) is currently considered Fairly Valued. The stock's GF Value™ is RM0.44, compared to a current price of RM0.40 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.35, which is 15% below median its 10-year median of 2.75 and 59.6% below the REITs industry median of 5.82. AmanahRaya Real Estate Investment Trust's overall GF Score™ is 32/100 with 11 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 AmanahRaya Real Estate Investment Trust (XKLS:5127), the current Cyclically Adjusted PS Ratio is 2.35 as of Jul. 27, 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 AmanahRaya Real Estate Investment Trust (XKLS:5127) Overvalued in 2026?

Based on GuruFocus' analysis, AmanahRaya Real Estate Investment Trust stock appears to be undervalued. The current stock price of RM0.40 is trading 9.1% below its estimated GF Value™ of RM0.44. GuruFocus considers AmanahRaya Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5127:

  • Cyclically Adjusted PS Ratio: 2.35 (15% below median its 10-year median of 2.75)
  • GF Value™: RM0.44 vs. price of RM0.40 (9.1% below fair value)
  • GF Score™: 32/100 with 11 warning signs
  • Industry Position: 59.6% below the REITs median (#98 of 547)

No single metric tells the full story. See the XKLS:5127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AmanahRaya Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 348 Jalan Tun Razak, The Intermark, Level 46, Vista Tower, Kuala Lumpur, SGR, MYS, 50400
AmanahRaya Real Estate Investment Trust owns a diverse portfolio of real estate properties and real estate-related assets, including hotels, industrial, education, and office properties. Its objective is to achieve an attractive level of return from rental income and long-term capital growth. The company solely operates in Malaysia. The company's office properties add up to the highest Fair market value in its portfolio, followed by Education properties.
32GF Score

Get the complete analysis for XKLS:5127

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

RM0.40
Price
RM0.44
GF Value