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AME REIT (XKLS:5307) PB Ratio : 1.32 (As of May. 24, 2024)


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What is AME REIT PB Ratio?

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 (2024-05-24), AME REIT's share price is RM1.42. AME REIT's Book Value per Share for the quarter that ended in Dec. 2023 was RM1.07. Hence, AME REIT's PB Ratio of today is 1.32.

Warning Sign:

AME REIT stock PB Ratio (=1.35) is close to 2-year high of 1.450000

The historical rank and industry rank for AME REIT's PB Ratio or its related term are showing as below:

XKLS:5307' s PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.18   Max: 1.39
Current: 1.32

During the past 4 years, AME REIT's highest PB Ratio was 1.39. The lowest was 1.10. And the median was 1.18.

XKLS:5307's PB Ratio is ranked worse than
83.27% of 849 companies
in the REITs industry
Industry Median: 0.82 vs XKLS:5307: 1.32

During the past 12 months, AME REIT's average Book Value Per Share Growth Rate was 6.10% per year.

Back to Basics: PB Ratio


AME REIT PB Ratio Historical Data

The historical data trend for AME REIT'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.

* Premium members only.

AME REIT PB Ratio Chart

AME REIT Annual Data
Trend Mar20 Mar21 Mar22 Mar23
PB Ratio
- - - 1.10

AME REIT Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only 1.16 1.10 1.12 1.18 1.21

Competitive Comparison of AME REIT's PB Ratio

For the REIT - Industrial subindustry, AME REIT'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.


AME REIT's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where AME REIT's PB Ratio falls into.



AME REIT 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.

AME REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.42/1.073
=1.32

* 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.


AME REIT  (XKLS:5307) 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.


AME REIT PB Ratio Related Terms

Thank you for viewing the detailed overview of AME REIT's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AME REIT (XKLS:5307) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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