IGB Commercial REIT (XKLS:5299) PS Ratio: 5.50 (As of Jul. 08, 2026) — Near Median


XKLS:5299 IGB Commercial REIT XKLS:5299
35 GF Score
Price RM0.61
GF Value RM0.63
Valuation Fairly Valued
! 7 Warning Signs
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What is IGB Commercial REIT PS Ratio?

IGB Commercial REIT XKLS:5299 35 PS Ratio is 5.50 as of Jul. 08, 2026, which is 5% below its 10-year median of 5.79. GuruFocus rates XKLS:5299 with a GF Score™ of 35/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 919 REITs companies, IGB Commercial REIT ranks better than 63% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, IGB Commercial REIT's share price is RM0.605. IGB Commercial REIT's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.11. Hence, IGB Commercial REIT's PS Ratio for today is 5.50.

Good Sign:

IGB Commercial REIT stock PS Ratio (=5.45) is close to 5-year low of 5.

The historical rank and industry rank for IGB Commercial REIT's PS Ratio or its related term are showing as below:

XKLS:5299' s PS Ratio Range Over the Past 10 Years
Min: 5   Med: 5.79   Max: 26.74
Current: 5.5

During the past 8 years, IGB Commercial REIT's highest PS Ratio was 26.74. The lowest was 5.00. And the median was 5.79.

XKLS:5299's PS Ratio is ranked better than
63% of 919 companies
in the REITs industry
Industry Median: 6.68 vs XKLS:5299: 5.50

IGB Commercial REIT's Revenue per Sharefor the three months ended in Mar. 2026 was RM0.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.11.

During the past 12 months, the average Revenue per Share Growth Rate of IGB Commercial REIT was 11.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.60% per year.

During the past 8 years, IGB Commercial REIT's highest 3-Year average Revenue per Share Growth Rate was 9.60% per year. The lowest was -2.00% per year. And the median was 2.70% per year.

Back to Basics: PS Ratio


IGB Commercial REIT  (XKLS:5299) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


IGB Commercial REIT PS Ratio Related Terms


IGB Commercial REIT PS Ratio Historical Data

* Premium members only.

The historical data trend for IGB Commercial REIT's PS 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.

IGB Commercial REIT PS Ratio Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial 0.00 6.65 5.33 5.82 5.88

IGB Commercial REIT Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS 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 5.35 5.69 5.76 5.88 5.36

XKLS:5299 vs BXP, ARE, VNO: PS Ratio Comparison

For the REIT - Office subindustry, IGB Commercial REIT's PS Ratio, along with its competitors' market caps and PS 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 Commercial REIT PS Ratio vs REITs Industry

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

* The bar in red indicates where IGB Commercial REIT's PS Ratio falls into.


XKLS:5299
35GF Score
IGB Commercial REIT XKLS:5299
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Commercial REIT PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

IGB Commercial REIT's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.605/0.11
=5.50

IGB Commercial REIT's Share Price of today is RM0.605.
IGB Commercial REIT's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.11.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 5.50 mean?
IGB Commercial REIT (XKLS:5299) has a PS Ratio of 5.50 as of Jul. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on IGB Commercial REIT and its competitors. This is near median its historical median of 5.79. Over the past decade, IGB Commercial REIT's PS Ratio has ranged from 5.00 to 26.74. According to the industry distribution chart, IGB Commercial REIT ranks #340 out of 919 companies in the REITs industry, placing it in the top 37%.
Is IGB Commercial REIT's PS Ratio too high?
IGB Commercial REIT's current PS Ratio of 5.50 is near median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 26.74. The REITs industry median PS Ratio is 6.68. IGB Commercial REIT's value of 5.50 is 17.7% below this industry median. Based on the distribution chart, IGB Commercial REIT ranks #340 out of 919 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #340 out of 919 companies for PS Ratio. This puts IGB Commercial REIT in the upper half of its industry. The industry median PS Ratio is 6.68. IGB Commercial REIT's value of 5.50 is 17.7% below this benchmark. Historically, IGB Commercial REIT's own PS Ratio has ranged from 5.00 to 26.74 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 6.68, IGB Commercial REIT 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.68, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IGB Commercial REIT's current PS Ratio of 5.50 is 17.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on IGB Commercial REIT and its competitors. For the REITs industry, the median PS Ratio is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current PS Ratio is 5.50, which is near median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 4% below its estimated fair value. The current PS Ratio is 5.50, which is near median its 10-year median of 5.79 and 17.7% below the REITs industry median of 6.68. IGB Commercial REIT's overall GF Score™ is 35/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For IGB Commercial REIT (XKLS:5299), the current PS Ratio is 5.50 as of Jul. 08, 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 Commercial REIT (XKLS:5299) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued. The current stock price of RM0.61 is trading 4% below its estimated GF Value™ of RM0.63. GuruFocus considers IGB Commercial REIT to be Fairly Valued.

Key valuation signals for XKLS:5299:

  • PS Ratio: 5.50 (near median its 10-year median of 5.79)
  • GF Value™: RM0.63 vs. price of RM0.61 (4% below fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 17.7% below the REITs median (#340 of 919)

No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Commercial REIT Business Description

Industry Real EstateREITs
Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
35GF Score

Get the complete analysis for XKLS:5299

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

RM0.61
Price
RM0.63
GF Value