Axis Real Estate Investment Trust (XKLS:5106) PB Ratio: 1.14 (As of Jul. 27, 2026) — Near Median

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XKLS:5106 Axis Real Estate Investment Trust XKLS:5106
77 GF Score
Price RM1.92
GF Value RM1.97
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Axis Real Estate Investment Trust PB Ratio?

Axis Real Estate Investment Trust XKLS:5106 77 PB Ratio is 1.14 as of Jul. 27, 2026, which is 7% below its 10-year median of 1.22. GuruFocus rates XKLS:5106 with a GF Score™ of 77/100 and a GF Value™ of RM1.97 (Fairly Valued). The stock has 7 warning signs investors should review. Among 920 REITs companies, Axis Real Estate Investment Trust ranks worse than 75.22% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-27), Axis Real Estate Investment Trust's share price is RM1.92. Axis Real Estate Investment Trust's Book Value per Share for the quarter that ended in Mar. 2026 was RM1.69. Hence, Axis Real Estate Investment Trust's PB Ratio of today is 1.14.

The historical rank and industry rank for Axis Real Estate Investment Trust's PB Ratio or its related term are showing as below:

XKLS:5106' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.22   Max: 1.52
Current: 1.14

During the past 13 years, Axis Real Estate Investment Trust's highest PB Ratio was 1.52. The lowest was 0.95. And the median was 1.22.

XKLS:5106's PB Ratio is ranked worse than
75.22% of 920 companies
in the REITs industry
Industry Median: 0.86 vs XKLS:5106: 1.14

During the past 12 months, Axis Real Estate Investment Trust's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axis Real Estate Investment Trust was 13.40% per year. The lowest was -1.10% per year. And the median was 3.20% per year.

Back to Basics: PB Ratio


Axis Real Estate Investment Trust  (XKLS:5106) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Axis Real Estate Investment Trust PB Ratio Related Terms


Axis Real Estate Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Axis Real Estate Investment Trust's PB 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.

Axis Real Estate Investment Trust PB Ratio Chart

Axis Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.14 1.11 1.05 1.14

Axis 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
PB 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 1.09 1.18 1.24 1.14 1.14

XKLS:5106 vs VICI, WPC, BNL: PB Ratio Comparison

For the REIT - Diversified subindustry, Axis Real Estate Investment Trust's PB Ratio, along with its competitors' market caps and PB 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.


Axis Real Estate Investment Trust PB Ratio vs REITs Industry

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

* The bar in red indicates where Axis Real Estate Investment Trust's PB Ratio falls into.


XKLS:5106
77GF Score
Axis Real Estate Investment Trust XKLS:5106
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axis Real Estate Investment Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Axis Real Estate Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.92/1.689
=1.14

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.14 mean?
Axis Real Estate Investment Trust (XKLS:5106) has a PB Ratio of 1.14 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Axis Real Estate Investment Trust and its competitors. This is near median its historical median of 1.22. Over the past decade, Axis Real Estate Investment Trust's PB Ratio has ranged from 0.95 to 1.52. According to the industry distribution chart, Axis Real Estate Investment Trust ranks #692 out of 920 companies in the REITs industry, placing it in the top 75.2%.
Is Axis Real Estate Investment Trust's PB Ratio too high?
Axis Real Estate Investment Trust's current PB Ratio of 1.14 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.52. The REITs industry median PB Ratio is 0.86. Axis Real Estate Investment Trust's value of 1.14 is 32.6% above this industry median. Based on the distribution chart, Axis Real Estate Investment Trust ranks #692 out of 920 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Axis Real Estate Investment Trust has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axis Real Estate Investment Trust's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Axis Real Estate Investment Trust ranks #692 out of 920 companies for PB Ratio. This places Axis Real Estate Investment Trust in the lower half of its industry. The industry median PB Ratio is 0.86. Axis Real Estate Investment Trust's value of 1.14 is 32.6% above this benchmark. Historically, Axis Real Estate Investment Trust's own PB Ratio has ranged from 0.95 to 1.52 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 0.86, Axis Real Estate Investment Trust has consistently been above 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 PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 920 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axis Real Estate Investment Trust's current PB Ratio of 1.14 is 32.6% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Axis Real Estate Investment Trust and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axis Real Estate Investment Trust's current PB Ratio is 1.14, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Axis Real Estate Investment Trust (XKLS:5106) is currently considered Fairly Valued. The stock's GF Value™ is RM1.97, compared to a current price of RM1.92 — trading 2.5% below its estimated fair value. The current PB Ratio is 1.14, which is near median its 10-year median of 1.22 and 32.6% above the REITs industry median of 0.86. Axis Real Estate Investment Trust's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Axis Real Estate Investment Trust (XKLS:5106), the current PB Ratio is 1.14 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 Axis Real Estate Investment Trust (XKLS:5106) Overvalued in 2026?

Based on GuruFocus' analysis, Axis Real Estate Investment Trust stock appears to be undervalued. The current stock price of RM1.92 is trading 2.5% below its estimated GF Value™ of RM1.97. GuruFocus considers Axis Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5106:

  • PB Ratio: 1.14 (near median its 10-year median of 1.22)
  • GF Value™: RM1.97 vs. price of RM1.92 (2.5% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 32.6% above the REITs median (#692 of 920)

No single metric tells the full story. See the XKLS:5106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axis Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address No. 2, Jalan 51A/223, Section 51A, Penthouse, Menara Axis, Petaling Jaya, SGR, MYS, 46100
Axis Real Estate Investment Trust owns and invests in industrial and office real estate. The fund currently has a diverse portfolio of properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. The primary objectives of the Fund are to provide unitholders with a stable and growing distribution of income and to achieve long-term growth, in the net asset value per unit of the Fund.
77GF Score

Get the complete analysis for XKLS:5106

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

RM1.92
Price
RM1.97
GF Value