AmanahRaya Real Estate Investment Trust (XKLS:5127) PB Ratio: 0.32 (As of Jul. 17, 2026) — 36% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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

What is AmanahRaya Real Estate Investment Trust PB Ratio?

AmanahRaya Real Estate Investment Trust XKLS:5127 -4.76% 32 PB Ratio is 0.32 as of Jul. 17, 2026, which is 36% below its 10-year median of 0.50. GuruFocus rates XKLS:5127 with a GF Score™ of 32/100 and a GF Value™ of RM0.44 (Fairly Valued). The stock has 12 warning signs investors should review. Among 922 REITs companies, AmanahRaya Real Estate Investment Trust ranks better than 93.06% 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 (2026-07-17), AmanahRaya Real Estate Investment Trust's share price is RM0.40. AmanahRaya Real Estate Investment Trust's Book Value per Share for the quarter that ended in Mar. 2026 was RM1.26. Hence, AmanahRaya Real Estate Investment Trust's PB Ratio of today is 0.32.

Warning Sign:

AmanahRaya Real Estate Investment Trust stock PB Ratio (=0.33) is close to 2-year high of 0.34.

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

XKLS:5127' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.5   Max: 0.8
Current: 0.3

During the past 13 years, AmanahRaya Real Estate Investment Trust's highest PB Ratio was 0.80. The lowest was 0.24. And the median was 0.50.

XKLS:5127's PB Ratio is ranked better than
93.06% of 922 companies
in the REITs industry
Industry Median: 0.86 vs XKLS:5127: 0.30

During the past 12 months, AmanahRaya Real Estate Investment Trust's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AmanahRaya Real Estate Investment Trust was 5.30% per year. The lowest was -2.10% per year. And the median was -0.30% per year.

Back to Basics: PB Ratio


AmanahRaya Real Estate Investment Trust  (XKLS:5127) 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.


AmanahRaya Real Estate Investment Trust PB Ratio Related Terms


AmanahRaya Real Estate Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for AmanahRaya 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.

AmanahRaya Real Estate Investment Trust PB Ratio Chart

AmanahRaya 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 0.51 0.46 0.31 0.31 0.27

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
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 0.32 0.32 0.29 0.27 0.25

XKLS:5127 vs VICI, WPC, BNL: PB Ratio Comparison

For the REIT - Diversified subindustry, AmanahRaya 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.


AmanahRaya Real Estate Investment Trust PB Ratio vs REITs Industry

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

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


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

AmanahRaya 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.40/1.257
=0.32

* 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 0.32 mean?
AmanahRaya Real Estate Investment Trust (XKLS:5127) has a PB Ratio of 0.32 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AmanahRaya Real Estate Investment Trust and its competitors. This is 36% below median its historical median of 0.50. Over the past decade, AmanahRaya Real Estate Investment Trust's PB Ratio has ranged from 0.24 to 0.80. According to the industry distribution chart, AmanahRaya Real Estate Investment Trust ranks #64 out of 922 companies in the REITs industry, placing it in the top 6.9%.
Is AmanahRaya Real Estate Investment Trust's PB Ratio too high?
AmanahRaya Real Estate Investment Trust's current PB Ratio of 0.32 is 36% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.80. The REITs industry median PB Ratio is 0.86. AmanahRaya Real Estate Investment Trust's value of 0.32 is 62.8% below this industry median. Based on the distribution chart, AmanahRaya Real Estate Investment Trust ranks #64 out of 922 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 PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, AmanahRaya Real Estate Investment Trust ranks #64 out of 922 companies for PB Ratio. This places AmanahRaya Real Estate Investment Trust in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. AmanahRaya Real Estate Investment Trust's value of 0.32 is 62.8% below this benchmark. Historically, AmanahRaya Real Estate Investment Trust's own PB Ratio has ranged from 0.24 to 0.80 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.86, 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 PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 922 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. AmanahRaya Real Estate Investment Trust's current PB Ratio of 0.32 is 62.8% 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 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 AmanahRaya 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. AmanahRaya Real Estate Investment Trust's current PB Ratio is 0.32, which is 36% below median its own 10-year median of 0.50. 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 PB Ratio is 0.32, which is 36% below median its 10-year median of 0.50 and 62.8% below the REITs industry median of 0.86. AmanahRaya Real Estate Investment Trust's overall GF Score™ is 32/100 with 12 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 AmanahRaya Real Estate Investment Trust (XKLS:5127), the current PB Ratio is 0.32 as of Jul. 17, 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:

  • PB Ratio: 0.32 (36% below median its 10-year median of 0.50)
  • GF Value™: RM0.44 vs. price of RM0.40 (9.1% below fair value)
  • GF Score™: 32/100 with 12 warning signs
  • Industry Position: 62.8% below the REITs median (#64 of 922)

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

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

RM0.40
Price
RM0.44
GF Value