IGB Real Estate Investment Trust (XKLS:5227) E10: RM0.13 (As of Mar. 2026)


XKLS:5227 IGB Real Estate Investment Trust XKLS:5227
91 GF Score
Price RM2.75
GF Value RM2.62
Valuation Fairly Valued
! 2 Warning Signs
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What is IGB Real Estate Investment Trust E10?

IGB Real Estate Investment Trust XKLS:5227 +0.36% 91 E10 is RM0.13 as of Mar. 2026. GuruFocus rates XKLS:5227 with a GF Score™ of 91/100 and a GF Value™ of RM2.62 (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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

IGB Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.038. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IGB Real Estate Investment Trust's average E10 Growth Rate was 18.20% per year. During the past 3 years, the average E10 Growth Rate was 6.30% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of IGB Real Estate Investment Trust was 6.90% per year. The lowest was 6.30% per year. And the median was 6.60% per year.

As of today (2026-06-28), IGB Real Estate Investment Trust's current stock price is RM2.75. IGB Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2026 was RM0.13. IGB Real Estate Investment Trust's Shiller PE Ratio of today is 21.15.

During the past 13 years, the highest Shiller PE Ratio of IGB Real Estate Investment Trust was 25.00. The lowest was 15.18. And the median was 17.30.


IGB Real Estate Investment Trust  (XKLS:5227) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

IGB Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.75/0.13
=21.15

* 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 Shiller P/E Ratio of IGB Real Estate Investment Trust was 25.00. The lowest was 15.18. And the median was 17.30.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


IGB Real Estate Investment Trust E10 Related Terms


IGB Real Estate Investment Trust E10 Historical Data

* Premium members only.

The historical data trend for IGB Real Estate Investment Trust's E10 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 E10 Chart

IGB Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.10 0.11 0.11 0.12

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
E10 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 0.11 0.12 0.12 0.12 0.13

XKLS:5227 vs SPG, O, KIM: E10 Comparison

For the REIT - Retail subindustry, IGB Real Estate Investment Trust's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where IGB Real Estate Investment Trust's Shiller PE Ratio falls into.


XKLS:5227
91GF Score
IGB Real Estate Investment Trust XKLS:5227
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Real Estate Investment Trust E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.038/330.2130*330.2130
=0.038

Current CPI (Mar. 2026) = 330.2130.

IGB Real Estate Investment Trust Quarterly Data

per share eps CPI Adj_EPS
201606 0.019 241.018 0.026
201609 0.020 241.428 0.027
201612 0.020 241.432 0.027
201703 0.022 243.801 0.030
201706 0.019 244.955 0.026
201709 0.024 246.819 0.032
201712 0.033 246.524 0.044
201803 0.023 249.554 0.030
201806 0.020 251.989 0.026
201809 0.022 252.439 0.029
201812 0.030 251.233 0.039
201903 0.023 254.202 0.030
201906 0.022 256.143 0.028
201909 0.023 256.759 0.030
201912 0.021 256.974 0.027
202003 0.019 258.115 0.024
202006 0.006 257.797 0.008
202009 0.022 260.280 0.028
202012 0.020 260.474 0.025
202103 0.012 264.877 0.015
202106 0.012 271.696 0.015
202109 0.013 274.310 0.016
202112 0.015 278.802 0.018
202203 0.024 287.504 0.028
202206 0.023 296.311 0.026
202209 0.023 296.808 0.026
202212 0.040 296.797 0.045
202303 0.027 301.836 0.030
202306 0.023 305.109 0.025
202309 0.070 307.789 0.075
202312 0.025 306.746 0.027
202403 0.028 312.332 0.030
202406 0.023 314.175 0.024
202409 0.022 315.301 0.023
202412 0.088 315.605 0.092
202503 0.030 319.799 0.031
202506 0.026 322.561 0.027
202509 0.026 324.800 0.026
202512 0.099 324.054 0.101
202603 0.038 330.213 0.038

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of RM0.13 mean?
IGB Real Estate Investment Trust (XKLS:5227) has a E10 of RM0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings 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 E10 too high?
IGB Real Estate Investment Trust's current E10 is RM0.13. Overall, IGB Real Estate Investment Trust has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Real Estate Investment Trust's E10 compare to SPG and O?
IGB Real Estate Investment Trust's E10 of RM0.13 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 E10 for a REITs company?
A good E10 depends on the REITs industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings 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 E10 is RM0.13. 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 RM2.62, compared to a current price of RM2.75 — trading 5% above its estimated fair value. The current E10 is RM0.13. IGB Real Estate Investment Trust's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For IGB Real Estate Investment Trust (XKLS:5227), the current E10 is RM0.13 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 RM2.75 is trading 5% above its estimated GF Value™ of RM2.62. GuruFocus considers IGB Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5227:

  • E10: RM0.13
  • GF Value™: RM2.62 vs. price of RM2.75 (5% above fair value)
  • GF Score™: 91/100 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.
91GF Score

Get the complete analysis for XKLS:5227

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM2.75
Price
RM2.62
GF Value