IGB Real Estate Investment Trust (XKLS:5227) Cyclically Adjusted Revenue per Share: RM0.18 (As of Mar. 2026)

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XKLS:5227 IGB Real Estate Investment Trust XKLS:5227
86 GF Score
Price RM2.72
GF Value RM2.65
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is IGB Real Estate Investment Trust Cyclically Adjusted Revenue per Share?

IGB Real Estate Investment Trust XKLS:5227 -0.73% 86 Cyclically Adjusted Revenue per Share is RM0.18 as of Mar. 2026. GuruFocus rates XKLS:5227 with a GF Score™ of 86/100 and a GF Value™ of RM2.65 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

IGB Real Estate Investment Trust's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.060. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is RM0.18 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of IGB Real Estate Investment Trust was 4.30% per year. The lowest was 4.00% per year. And the median was 4.15% per year.

As of today (2026-07-22), IGB Real Estate Investment Trust's current stock price is RM2.72. IGB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.18. IGB Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is 15.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of IGB Real Estate Investment Trust was 17.56. The lowest was 9.20. And the median was 10.76.


IGB Real Estate Investment Trust  (XKLS:5227) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

IGB Real Estate Investment Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.72/0.18
=15.11

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of IGB Real Estate Investment Trust was 17.56. The lowest was 9.20. And the median was 10.76.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


IGB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Related Terms


IGB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for IGB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share 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.

IGB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Chart

IGB Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.16 0.17 0.17 0.18

IGB 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 Revenue per Share 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 0.18 0.18 0.18 0.18 0.18

XKLS:5227 vs SPG, O, KIM: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Retail subindustry, IGB 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.


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

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

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


XKLS:5227
86GF Score
IGB Real Estate Investment Trust XKLS:5227
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Real Estate Investment Trust Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, IGB 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)
=0.06/330.2130*330.2130
=0.060

Current CPI (Mar. 2026) = 330.2130.

IGB Real Estate Investment Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.036 241.018 0.049
201609 0.036 241.428 0.049
201612 0.036 241.432 0.049
201703 0.038 243.801 0.051
201706 0.036 244.955 0.049
201709 0.037 246.819 0.050
201712 0.038 246.524 0.051
201803 0.039 249.554 0.052
201806 0.036 251.989 0.047
201809 0.038 252.439 0.050
201812 0.039 251.233 0.051
201903 0.040 254.202 0.052
201906 0.038 256.143 0.049
201909 0.038 256.759 0.049
201912 0.039 256.974 0.050
202003 0.035 258.115 0.045
202006 0.017 257.797 0.022
202009 0.037 260.280 0.047
202012 0.041 260.474 0.052
202103 0.028 264.877 0.035
202106 0.024 271.696 0.029
202109 0.027 274.310 0.033
202112 0.024 278.802 0.028
202203 0.037 287.504 0.042
202206 0.037 296.311 0.041
202209 0.039 296.808 0.043
202212 0.041 296.797 0.046
202303 0.043 301.836 0.047
202306 0.039 305.109 0.042
202309 0.042 307.789 0.045
202312 0.044 306.746 0.047
202403 0.045 312.332 0.048
202406 0.042 314.175 0.044
202409 0.043 315.301 0.045
202412 0.044 315.605 0.046
202503 0.046 319.799 0.047
202506 0.044 322.561 0.045
202509 0.046 324.800 0.047
202512 0.056 324.054 0.057
202603 0.060 330.213 0.060

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of RM0.18 mean?
IGB Real Estate Investment Trust (XKLS:5227) has a Cyclically Adjusted Revenue per Share of RM0.18 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on IGB Real Estate Investment Trust and its competitors.
Is IGB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share too high?
IGB Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is RM0.18. Overall, IGB Real Estate Investment Trust has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share compare to SPG and O?
IGB Real Estate Investment Trust's Cyclically Adjusted Revenue per Share of RM0.18 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on IGB Real Estate Investment Trust and its competitors. IGB Real Estate Investment Trust's current Cyclically Adjusted Revenue per Share is RM0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, IGB Real Estate Investment Trust (XKLS:5227) is currently considered Fairly Valued. The stock's GF Value™ is RM2.65, compared to a current price of RM2.72 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.18. IGB Real Estate Investment Trust's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For IGB Real Estate Investment Trust (XKLS:5227), the current Cyclically Adjusted Revenue per Share is RM0.18 as of Mar. 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 IGB Real Estate Investment Trust (XKLS:5227) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM2.72 is trading 2.6% above its estimated GF Value™ of RM2.65. GuruFocus considers IGB Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5227:

  • Cyclically Adjusted Revenue per Share: RM0.18
  • GF Value™: RM2.65 vs. price of RM2.72 (2.6% above fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Level 32, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company's portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company has two retail malls in its portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The trust generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
86GF Score

Get the complete analysis for XKLS:5227

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

RM2.72
Price
RM2.65
GF Value