Narrative Update • Jun 16

In the last week, the REITS industry is up 3.2%, with all of the companies up. This takes the industry's 12 month performance to a gain of 6.6%. Looking forward, earnings are forecast to decline by 7.7% per year.
Has the Malaysian REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | RM 23.3b | RM 2.6b | RM 1.7b | 14.6x | 13.7x | 9.1x |
| Tue, 19 May 2026 | RM 22.8b | RM 2.6b | RM 1.7b | 14.7x | 13.5x | 8.9x |
| Thu, 16 Apr 2026 | RM 22.4b | RM 2.6b | RM 1.7b | 15.3x | 13.3x | 8.8x |
| Sat, 14 Mar 2026 | RM 22.6b | RM 2.5b | RM 1.7b | 16x | 13.5x | 8.9x |
| Mon, 09 Feb 2026 | RM 22.8b | RM 2.5b | RM 1.7b | 16.2x | 13.7x | 9x |
| Wed, 07 Jan 2026 | RM 22.1b | RM 2.5b | RM 1.4b | 18.2x | 16x | 8.8x |
| Fri, 05 Dec 2025 | RM 21.8b | RM 2.5b | RM 1.4b | 17.2x | 15.8x | 8.7x |
| Sun, 02 Nov 2025 | RM 22.0b | RM 2.5b | RM 1.4b | 18.2x | 16x | 8.8x |
| Tue, 30 Sep 2025 | RM 21.6b | RM 2.5b | RM 1.4b | 18.5x | 15.9x | 8.7x |
| Thu, 28 Aug 2025 | RM 21.6b | RM 2.5b | RM 1.3b | 18.1x | 16x | 8.7x |
| Sat, 26 Jul 2025 | RM 21.6b | RM 2.4b | RM 1.3b | 21.3x | 16.4x | 8.8x |
| Mon, 23 Jun 2025 | RM 23.4b | RM 2.4b | RM 1.3b | 19.7x | 17.8x | 9.6x |
| Wed, 21 May 2025 | RM 21.7b | RM 2.4b | RM 1.3b | 20.1x | 16.7x | 8.9x |
| Fri, 18 Apr 2025 | RM 20.5b | RM 2.4b | RM 1.3b | 20.1x | 15.8x | 8.4x |
| Sun, 16 Mar 2025 | RM 20.7b | RM 2.4b | RM 1.3b | 20.3x | 15.9x | 8.5x |
| Tue, 11 Feb 2025 | RM 20.6b | RM 2.4b | RM 1.3b | 17.1x | 15.7x | 8.5x |
| Thu, 09 Jan 2025 | RM 19.7b | RM 2.4b | RM 1.3b | 15.1x | 15.3x | 8.3x |
| Sat, 07 Dec 2024 | RM 19.2b | RM 2.4b | RM 1.3b | 14.9x | 14.9x | 8.1x |
| Mon, 04 Nov 2024 | RM 19.2b | RM 2.4b | RM 1.3b | 15.1x | 15.1x | 8.1x |
| Wed, 02 Oct 2024 | RM 19.0b | RM 2.4b | RM 1.3b | 14.9x | 14.9x | 8.1x |
| Fri, 30 Aug 2024 | RM 18.9b | RM 2.4b | RM 1.3b | 15x | 14.8x | 8x |
| Sun, 28 Jul 2024 | RM 18.4b | RM 2.3b | RM 1.3b | 14.6x | 14.6x | 7.9x |
| Tue, 25 Jun 2024 | RM 18.3b | RM 2.3b | RM 1.3b | 14.4x | 14.5x | 7.9x |
| Thu, 23 May 2024 | RM 18.5b | RM 2.3b | RM 1.3b | 14.6x | 14.7x | 8x |
| Sat, 20 Apr 2024 | RM 18.3b | RM 2.3b | RM 1.2b | 14.8x | 14.7x | 8x |
| Mon, 18 Mar 2024 | RM 18.4b | RM 2.3b | RM 1.2b | 14.6x | 14.8x | 8x |
| Wed, 14 Feb 2024 | RM 18.2b | RM 2.3b | RM 1.3b | 14.4x | 14.2x | 8x |
| Fri, 12 Jan 2024 | RM 17.8b | RM 2.2b | RM 1.1b | 18.4x | 15.8x | 7.9x |
| Sun, 10 Dec 2023 | RM 17.4b | RM 2.2b | RM 1.1b | 18.1x | 15.5x | 7.7x |
| Tue, 07 Nov 2023 | RM 17.4b | RM 2.2b | RM 1.1b | 18.3x | 15.5x | 7.8x |
| Thu, 05 Oct 2023 | RM 17.1b | RM 2.2b | RM 1.1b | 18.9x | 15.3x | 7.7x |
| Sat, 02 Sep 2023 | RM 17.0b | RM 2.2b | RM 1.1b | 18.9x | 15.2x | 7.7x |
| Mon, 31 Jul 2023 | RM 17.1b | RM 2.2b | RM 1.1b | 18.8x | 15.5x | 7.9x |
| Wed, 28 Jun 2023 | RM 17.3b | RM 2.2b | RM 1.1b | 17.7x | 15.4x | 8x |
15.4x
Which industries have driven the changes within the Malaysian Real Estate industry?
| MY Market | 1.42% | |
| Real Estate | 1.44% | |
| REITS | 3.18% | |
| Diversified REITs | 3.18% | |
| Retail REITs | 0.52% | |
| Hotel and Resort REITs | 0% | 0 |
| Industrial REITs | -0.23% | |
| Office REITs | -0.53% | |
| Healthcare REITs | -0.85% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KLCC KLCC Property Holdings Berhad | RM 9.52 | 3.6% +RM 595.8m | 7.0% | PB1.2x | |
| AXREIT Axis Real Estate Investment Trust | RM 2.01 | 3.1% +RM 121.5m | 3.1% | PB1.2x |