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Hektar Real Estate Investment Trust (XKLS:5121) PB Ratio : 0.59 (As of Apr. 28, 2024)


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What is Hektar Real Estate Investment Trust 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 (2024-04-28), Hektar Real Estate Investment Trust's share price is RM0.68. Hektar Real Estate Investment Trust's Book Value per Share for the quarter that ended in Dec. 2023 was RM1.16. Hence, Hektar Real Estate Investment Trust's PB Ratio of today is 0.59.

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

XKLS:5121' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.84   Max: 1.15
Current: 0.59

During the past 13 years, Hektar Real Estate Investment Trust's highest PB Ratio was 1.15. The lowest was 0.37. And the median was 0.84.

XKLS:5121's PB Ratio is ranked better than
77.11% of 852 companies
in the REITs industry
Industry Median: 0.825 vs XKLS:5121: 0.59

During the past 12 months, Hektar Real Estate Investment Trust's average Book Value Per Share Growth Rate was -8.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hektar Real Estate Investment Trust was 7.20% per year. The lowest was -4.80% per year. And the median was -1.25% per year.

Back to Basics: PB Ratio


Hektar Real Estate Investment Trust PB Ratio Historical Data

The historical data trend for Hektar 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.

* Premium members only.

Hektar Real Estate Investment Trust PB Ratio Chart

Hektar Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.50 0.43 0.55 0.56

Hektar Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.55 0.57 0.55 0.49 0.56

Competitive Comparison of Hektar Real Estate Investment Trust's PB Ratio

For the REIT - Retail subindustry, Hektar 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.


Hektar Real Estate Investment Trust's PB Ratio Distribution in the REITs Industry

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

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



Hektar 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.68/1.157
=0.59

* 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.


Hektar Real Estate Investment Trust  (XKLS:5121) 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.


Hektar Real Estate Investment Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Hektar Real Estate Investment Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hektar Real Estate Investment Trust (XKLS:5121) Business Description

Traded in Other Exchanges
N/A
Address
No 1, Jalan Dutamas 1, D1-U3-10, Block D1, Solaris Dutamas, Sri Hartamas, Kuala Lumpur, MYS, 50480
Hektar Real Estate Investment Trust is a retail-focused REIT. Hektar REIT's principal objective is to provide its Unitholders with defensible income distribution and to enhance the long-term value of the fund. It invests in income-producing real estate used for retail purposes. Hektar REIT's portfolio currently consists of shopping centers situated in Subang Jaya, Melaka, Muar, Sungai Petani, Segamat, and Kulim.

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