Analysis Article • May 15

Over the last 7 days, the Diversified REITs industry has dropped 1.4%, driven by Axis Real Estate Investment Trust declining 5.8%. Meanwhile, Al-Salam Real Estate Investment Trust actually outperformed within the industry, gaining 12% in the last week. Over the past 12 months, the industry was up 4.0%. Looking forward, earnings are forecast to decline by 8.2% per year.
Has the Malaysian Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 May 2026 | RM 22.5b | RM 2.6b | RM 1.7b | 14.6x | 13.3x | 8.8x |
| Thu, 23 Apr 2026 | RM 22.5b | RM 2.6b | RM 1.7b | 15.2x | 13.4x | 8.8x |
| Sat, 21 Mar 2026 | RM 22.2b | RM 2.5b | RM 1.7b | 15.5x | 13.2x | 8.7x |
| Mon, 16 Feb 2026 | RM 22.9b | RM 2.5b | RM 1.7b | 16.2x | 13.7x | 9x |
| Wed, 14 Jan 2026 | RM 22.6b | RM 2.5b | RM 1.4b | 18.1x | 16.4x | 9x |
| Fri, 12 Dec 2025 | RM 22.0b | RM 2.5b | RM 1.4b | 17.5x | 16x | 8.8x |
| Sun, 09 Nov 2025 | RM 22.1b | RM 2.5b | RM 1.4b | 18.2x | 16.1x | 8.9x |
| Tue, 07 Oct 2025 | RM 21.8b | RM 2.5b | RM 1.4b | 19x | 16.1x | 8.8x |
| Thu, 04 Sep 2025 | RM 21.6b | RM 2.5b | RM 1.4b | 18.2x | 16x | 8.7x |
| Sat, 02 Aug 2025 | RM 21.5b | RM 2.5b | RM 1.3b | 18.1x | 16x | 8.7x |
| Mon, 30 Jun 2025 | RM 23.3b | RM 2.7b | RM 1.4b | 19.5x | 16.4x | 8.8x |
| Wed, 28 May 2025 | RM 21.5b | RM 2.4b | RM 1.3b | 19.9x | 16.4x | 8.8x |
| Fri, 25 Apr 2025 | RM 21.1b | RM 2.4b | RM 1.3b | 19.3x | 16.2x | 8.7x |
| Sun, 23 Mar 2025 | RM 20.3b | RM 2.4b | RM 1.3b | 20.3x | 15.6x | 8.3x |
| Tue, 18 Feb 2025 | RM 20.6b | RM 2.4b | RM 1.3b | 17.1x | 15.7x | 8.5x |
| Thu, 16 Jan 2025 | RM 19.8b | RM 2.4b | RM 1.3b | 15.1x | 15.4x | 8.3x |
| Sat, 14 Dec 2024 | RM 19.1b | RM 2.4b | RM 1.3b | 14.8x | 14.8x | 8x |
| Mon, 11 Nov 2024 | RM 19.2b | RM 2.4b | RM 1.3b | 15.2x | 15.1x | 8.1x |
| Wed, 09 Oct 2024 | RM 18.9b | RM 2.4b | RM 1.3b | 14.8x | 14.9x | 8x |
| Fri, 06 Sep 2024 | RM 18.9b | RM 2.4b | RM 1.3b | 15x | 14.9x | 8x |
| Sun, 04 Aug 2024 | RM 18.5b | RM 2.3b | RM 1.3b | 14.6x | 14.6x | 7.9x |
| Tue, 02 Jul 2024 | RM 18.2b | RM 2.3b | RM 1.3b | 14.4x | 14.5x | 7.8x |
| Thu, 30 May 2024 | RM 18.7b | RM 2.3b | RM 1.3b | 14.8x | 14.9x | 8.1x |
| Sat, 27 Apr 2024 | RM 18.9b | RM 2.3b | RM 1.3b | 14.9x | 15.1x | 8.2x |
| Mon, 25 Mar 2024 | RM 18.3b | RM 2.3b | RM 1.2b | 14.5x | 14.7x | 8x |
| Wed, 21 Feb 2024 | RM 18.5b | RM 2.3b | RM 1.3b | 14.7x | 14.5x | 8.2x |
| Fri, 19 Jan 2024 | RM 17.8b | RM 2.2b | RM 1.1b | 18.4x | 15.9x | 7.9x |
| Sun, 17 Dec 2023 | RM 18.0b | RM 2.2b | RM 1.1b | 18.1x | 16x | 8x |
| Tue, 14 Nov 2023 | RM 17.5b | RM 2.2b | RM 1.1b | 18.3x | 15.6x | 7.9x |
| Thu, 12 Oct 2023 | RM 17.1b | RM 2.2b | RM 1.1b | 18.8x | 15.3x | 7.7x |
| Sat, 09 Sep 2023 | RM 17.0b | RM 2.2b | RM 1.1b | 18.7x | 15.3x | 7.7x |
| Mon, 07 Aug 2023 | RM 17.2b | RM 2.2b | RM 1.1b | 18.8x | 15.5x | 7.9x |
| Wed, 05 Jul 2023 | RM 17.3b | RM 2.2b | RM 1.1b | 17.7x | 15.5x | 8x |
| Fri, 02 Jun 2023 | RM 17.6b | RM 2.2b | RM 1.1b | 17.7x | 15.7x | 8.2x |
15.7x
How does Malaysian Diversified REITs compare with similar industries?
| MY Market | -0.84% | |
| Real Estate | -2.57% | |
| REITS | -1.36% | |
| Diversified REITs | -1.36% | |
| Office REITs | -0.18% | |
| Healthcare REITs | -0.81% | |
| Hotel and Resort REITs | -0.99% | |
| Industrial REITs | -2.85% | |
| Retail REITs | -6.68% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KLCC KLCC Property Holdings Berhad | RM 9.23 | 1.4% +RM 234.7m | 5.4% | PB1.2x | |
| ALSREIT Al-Salam Real Estate Investment Trust | RM 0.48 | 4.3% +RM 11.6m | 26.3% | PB0.4x |