AirAsia X Bhd (XKLS:5238) ROE % Adjusted to Book Value: -21.02% (As of Mar. 2026)


XKLS:5238 AirAsia X Bhd XKLS:5238
47 GF Score
Price RM1.20
GF Value RM1.61
Valuation Modestly Undervalued
! 6 Warning Signs
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What is AirAsia X Bhd ROE % Adjusted to Book Value?

AirAsia X Bhd XKLS:5238 -1.64% 47 ROE % Adjusted to Book Value is -21.02% as of Mar. 2026. GuruFocus rates XKLS:5238 with a GF Score™ of 47/100 and a GF Value™ of RM1.61 (Modestly Undervalued). The stock has 6 warning signs investors should review.

AirAsia X Bhd's ROE % for the quarter that ended in Mar. 2026 was -89.75%. AirAsia X Bhd's PB Ratio for the quarter that ended in Mar. 2026 was 4.27. AirAsia X Bhd's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -21.02%.


AirAsia X Bhd ROE % Adjusted to Book Value Related Terms


AirAsia X Bhd ROE % Adjusted to Book Value Historical Data

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The historical data trend for AirAsia X Bhd's ROE % Adjusted to Book Value 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.

AirAsia X Bhd ROE % Adjusted to Book Value Chart

AirAsia X Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.71 -39.14 36.30 34.22 28.00

AirAsia X Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 31.00 20.04 15.90 43.27 -21.02

XKLS:5238 vs DAL, UAL, LUV: ROE % Adjusted to Book Value Comparison

For the Airlines subindustry, AirAsia X Bhd's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


AirAsia X Bhd ROE % Adjusted to Book Value vs Transportation Industry

For the Transportation industry and Industrials sector, AirAsia X Bhd's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where AirAsia X Bhd's ROE % Adjusted to Book Value falls into.


XKLS:5238
47GF Score
AirAsia X Bhd XKLS:5238
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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AirAsia X Bhd ROE % Adjusted to Book Value Calculation

AirAsia X Bhd's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=42.84% / 1.53
=28.00%

AirAsia X Bhd's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-89.75% / 4.27
=-21.02%

* 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.

What does a ROE % Adjusted to Book Value of -21.02% mean?
AirAsia X Bhd (XKLS:5238) has a ROE % Adjusted to Book Value of -21.02% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on AirAsia X Bhd and its competitors.
Is AirAsia X Bhd's ROE % Adjusted to Book Value too high?
AirAsia X Bhd's current ROE % Adjusted to Book Value is -21.02%. Overall, AirAsia X Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirAsia X Bhd's ROE % Adjusted to Book Value compare to DAL and UAL?
AirAsia X Bhd's ROE % Adjusted to Book Value of -21.02% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Transportation company?
A good ROE % Adjusted to Book Value depends on the Transportation industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on AirAsia X Bhd and its competitors. AirAsia X Bhd's current ROE % Adjusted to Book Value is -21.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia X Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia X Bhd (XKLS:5238) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.61, compared to a current price of RM1.20 — trading 25.5% below its estimated fair value. The current ROE % Adjusted to Book Value is -21.02%. AirAsia X Bhd's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For AirAsia X Bhd (XKLS:5238), the current ROE % Adjusted to Book Value is -21.02% as of Mar. 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 AirAsia X Bhd (XKLS:5238) Overvalued in 2026?

Based on GuruFocus' analysis, AirAsia X Bhd stock appears to be undervalued. The current stock price of RM1.20 is trading 25.5% below its estimated GF Value™ of RM1.61. GuruFocus considers AirAsia X Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5238:

  • ROE % Adjusted to Book Value: -21.02%
  • GF Value™: RM1.61 vs. price of RM1.20 (25.5% below fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirAsia X Bhd Business Description

Address RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, MYS, 64000
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
47GF Score

Get the complete analysis for XKLS:5238

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.20
Price
RM1.61
GF Value