CapitaLand Malaysia Trust (XKLS:5180) Cyclically Adjusted PS Ratio: 3.39 (As of Jul. 27, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:5180 CapitaLand Malaysia Trust XKLS:5180
51 GF Score
Price RM0.61
GF Value RM0.62
Valuation Fairly Valued
! 8 Warning Signs
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What is CapitaLand Malaysia Trust Cyclically Adjusted PS Ratio?

CapitaLand Malaysia Trust XKLS:5180 51 Cyclically Adjusted PS Ratio is 3.39 as of Jul. 27, 2026, which is 3% above its 10-year median of 3.29. GuruFocus rates XKLS:5180 with a GF Score™ of 51/100 and a GF Value™ of RM0.62 (Fairly Valued). The stock has 8 warning signs investors should review. Among 549 REITs companies, CapitaLand Malaysia Trust ranks better than 71.22% on this metric.

As of today (2026-07-27), CapitaLand Malaysia Trust's current share price is RM0.61. CapitaLand Malaysia Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.18. CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio for today is 3.39.

The historical rank and industry rank for CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKLS:5180' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 3.29   Max: 3.89
Current: 3.33

During the past years, CapitaLand Malaysia Trust's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 2.63. And the median was 3.29.

XKLS:5180's Cyclically Adjusted PS Ratio is ranked better than
71.22% of 549 companies
in the REITs industry
Industry Median: 5.87 vs XKLS:5180: 3.33

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.

CapitaLand Malaysia Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was RM0.038. 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 RM0.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand Malaysia Trust  (XKLS:5180) 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.


CapitaLand Malaysia Trust Cyclically Adjusted PS Ratio Related Terms


CapitaLand Malaysia Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CapitaLand Malaysia 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.

CapitaLand Malaysia Trust Cyclically Adjusted PS Ratio Chart

CapitaLand Malaysia 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 3.09 2.81 2.97 3.62 3.43

CapitaLand Malaysia 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 3.39 3.46 3.32 3.43 3.30

XKLS:5180 vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, CapitaLand Malaysia 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.


CapitaLand Malaysia Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio falls into.


XKLS:5180
51GF Score
CapitaLand Malaysia Trust XKLS:5180
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand Malaysia 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.

CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.61/0.18
=3.39

* 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.

CapitaLand Malaysia Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CapitaLand Malaysia 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)
=0.038/330.2130*330.2130
=0.038

Current CPI (Mar. 2026) = 330.2130.

CapitaLand Malaysia Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.045 241.018 0.062
201609 0.046 241.428 0.063
201612 0.046 241.432 0.063
201703 0.045 243.801 0.061
201706 0.045 244.955 0.061
201709 0.046 246.819 0.062
201712 0.045 246.524 0.060
201803 0.044 249.554 0.058
201806 0.043 251.989 0.056
201809 0.042 252.439 0.055
201812 0.043 251.233 0.057
201903 0.043 254.202 0.056
201906 0.042 256.143 0.054
201909 0.041 256.759 0.053
201912 0.042 256.974 0.054
202003 0.036 258.115 0.046
202006 0.026 257.797 0.033
202009 0.034 260.280 0.043
202012 0.032 260.474 0.041
202103 0.027 264.877 0.034
202106 0.025 271.696 0.030
202109 0.022 274.310 0.026
202112 0.031 278.802 0.037
202203 0.032 287.504 0.037
202206 0.032 296.311 0.036
202209 0.033 296.808 0.037
202212 0.031 296.797 0.034
202303 0.029 301.836 0.032
202306 0.041 305.109 0.044
202309 0.038 307.789 0.041
202312 0.040 306.746 0.043
202403 0.039 312.332 0.041
202406 0.040 314.175 0.042
202409 0.039 315.301 0.041
202412 0.042 315.605 0.044
202503 0.042 319.799 0.043
202506 0.040 322.561 0.041
202509 0.037 324.800 0.038
202512 0.037 324.054 0.038
202603 0.038 330.213 0.038

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 3.39 mean?
CapitaLand Malaysia Trust (XKLS:5180) has a Cyclically Adjusted PS Ratio of 3.39 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 CapitaLand Malaysia Trust and its competitors. This is near median its historical median of 3.29. Over the past decade, CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio has ranged from 2.63 to 3.89. According to the industry distribution chart, CapitaLand Malaysia Trust ranks #158 out of 549 companies in the REITs industry, placing it in the top 28.8%.
Is CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio too high?
CapitaLand Malaysia Trust's current Cyclically Adjusted PS Ratio of 3.39 is near median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 3.89. The REITs industry median Cyclically Adjusted PS Ratio is 5.87. CapitaLand Malaysia Trust's value of 3.39 is 42.2% below this industry median. Based on the distribution chart, CapitaLand Malaysia Trust ranks #158 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Malaysia Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Malaysia Trust's Cyclically Adjusted PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, CapitaLand Malaysia Trust ranks #158 out of 549 companies for Cyclically Adjusted PS Ratio. This puts CapitaLand Malaysia Trust in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.87. CapitaLand Malaysia Trust's value of 3.39 is 42.2% below this benchmark. Historically, CapitaLand Malaysia Trust's own Cyclically Adjusted PS Ratio has ranged from 2.63 to 3.89 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 5.87, CapitaLand Malaysia 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 5.87, based on 549 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. CapitaLand Malaysia Trust's current Cyclically Adjusted PS Ratio of 3.39 is 42.2% 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 CapitaLand Malaysia Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Malaysia Trust's current Cyclically Adjusted PS Ratio is 3.39, which is near median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Malaysia Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Malaysia Trust (XKLS:5180) is currently considered Fairly Valued. The stock's GF Value™ is RM0.62, compared to a current price of RM0.61 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.39, which is near median its 10-year median of 3.29 and 42.2% below the REITs industry median of 5.87. CapitaLand Malaysia Trust's overall GF Score™ is 51/100 with 8 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 CapitaLand Malaysia Trust (XKLS:5180), the current Cyclically Adjusted PS Ratio is 3.39 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 CapitaLand Malaysia Trust (XKLS:5180) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand Malaysia Trust stock appears to be undervalued. The current stock price of RM0.61 is trading 1.6% below its estimated GF Value™ of RM0.62. GuruFocus considers CapitaLand Malaysia Trust to be Fairly Valued.

Key valuation signals for XKLS:5180:

  • Cyclically Adjusted PS Ratio: 3.39 (near median its 10-year median of 3.29)
  • GF Value™: RM0.62 vs. price of RM0.61 (1.6% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 42.2% below the REITs median (#158 of 549)

No single metric tells the full story. See the XKLS:5180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapitaLand Malaysia Trust Business Description

Industry Real EstateREITs
Address No. 10, Persiaran KLCC, Unit No. 1-27, Level 27, Naza Tower, Kuala Lumpur, MYS, 50088
CapitaLand Malaysia Trust is a property investment trust that focuses on retail properties in Malaysia. Its principal activity is to invest, on a long-term basis, in a portfolio of income-producing real estate that is used for retail, commercial, office, and industrial purposes, or such other non-real estate investments. Its portfolio of assets includes six retail and nine industrial and logistics properties located across four key urban centres: Penang, Klang Valley, the East Coast (Kuantan, Pahang), and Johor.
51GF Score

Get the complete analysis for XKLS:5180

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

RM0.61
Price
RM0.62
GF Value