AirAsia X Bhd (KLSE:5238) — Market Cap & Net Worth

$961.92 Million USD  · RM3.83 Billion MYR  · Rank #9320

Market Cap & Net Worth: AirAsia X Bhd (5238)

AirAsia X Bhd (KLSE:5238) has a market capitalization of $961.92 Million (RM3.83 Billion) as of May 23, 2026. Listed on the KLSE stock exchange, this Malaysia-based company holds position #9320 globally and #91 in its home market, demonstrating a -6.56% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying AirAsia X Bhd's stock price RM1.14 by its total outstanding shares 3360827736 (3.36 Billion). Analyse AirAsia X Bhd (5238) cash conversion ratio to see how efficiently the company converts income to cash.

AirAsia X Bhd Market Cap History: 2015 to 2026

AirAsia X Bhd's market capitalization history from 2015 to 2026. Data shows change from $1.52 Billion to $961.92 Million (-6.02% CAGR).

AirAsia X Bhd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how AirAsia X Bhd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.44x

AirAsia X Bhd's market cap is 0.44 times its annual revenue

Industry average: 0.10x Higher than industry average

Latest Price to Earnings (P/E) Ratio

7.66x

AirAsia X Bhd's market cap is 7.66 times its annual earnings

Industry average: 0.11x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $3.04 Billion $3.90 Billion $44.84 Million 0.78x 67.75x
2017 $2.78 Billion $4.58 Billion $98.89 Million 0.61x 28.16x
2018 $1.98 Billion $4.57 Billion -$301.48 Million 0.43x N/A
2019 $1.31 Billion $4.23 Billion -$650.32 Million 0.31x N/A
2020 $632.84 Million $755.08 Million -$22.45 Billion 0.84x N/A
2022 $480.96 Million $550.57 Million $22.21 Billion 0.87x 0.02x
2023 $1.58 Billion $2.53 Billion $331.50 Million 0.62x 4.76x
2024 $1.69 Billion $3.25 Billion $207.12 Million 0.52x 8.15x
2025 $1.47 Billion $3.33 Billion $191.75 Million 0.44x 7.66x

Competitor Companies of 5238 by Market Capitalization

Companies near AirAsia X Bhd in the global market cap rankings as of May 23, 2026.

Key companies related to AirAsia X Bhd by market ranking:

  • Delta Air Lines Inc (NYSE:DAL): Ranked #547 globally with a market cap of $48.18 Billion USD.
  • United Airlines Holdings Inc (NASDAQ:UAL): Ranked #856 globally with a market cap of $31.36 Billion USD.
  • Ryanair Holdings plc (IR:RYA): Ranked #946 globally with a market cap of $28.00 Billion USD ( €23.95 Billion EUR).
  • RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #950 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#547 Delta Air Lines Inc NYSE:DAL $48.18 Billion $75.65
#856 United Airlines Holdings Inc NASDAQ:UAL $31.36 Billion $99.64
#946 Ryanair Holdings plc IR:RYA $28.00 Billion €23.46
#950 RYANAIR HLDGS ADR NEW/5 F:RY4D $27.87 Billion €51.50

AirAsia X Bhd Historical Marketcap From 2015 to 2026

Between 2015 and today, AirAsia X Bhd's market cap moved from $1.52 Billion to $ 961.92 Million, with a yearly change of -6.02%.

Year Market Cap Change (%)
2026 RM961.92 Million -34.48%
2025 RM1.47 Billion -13.00%
2024 RM1.69 Billion +6.95%
2023 RM1.58 Billion +228.07%
2022 RM480.96 Million -12.31%
2021 RM548.47 Million -13.33%
2020 RM632.84 Million -51.61%
2019 RM1.31 Billion -34.04%
2018 RM1.98 Billion -28.79%
2017 RM2.78 Billion -8.33%
2016 RM3.04 Billion +100.00%
2015 RM1.52 Billion --

End of Day Market Cap According to Different Sources

On May 22nd, 2026 the market cap of AirAsia X Bhd was reported to be:

Source Market Cap
Yahoo Finance $961.92 Million USD
MoneyControl $961.92 Million USD
MarketWatch $961.92 Million USD
marketcap.company $961.92 Million USD
Reuters $961.92 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About AirAsia X Bhd

KLSE:5238 Malaysia Airlines
Market Cap
$961.92 Million
RM3.83 Billion MYR
Market Cap Rank
#9320 Global
#91 in Malaysia
Share Price
RM1.14
Change (1 day)
+0.00%
52-Week Range
RM1.08 - RM2.27
All Time High
RM5.35
About

AirAsia X Berhad, together with its subsidiaries, provides long haul air transportation services under the AirAsia brand in Malaysia, Thailand, and Indonesia. It also offers logistical management and marketing services; and leases aircraft facilities, as well as commercial air transport services. The company was formerly known as Fly Asian Xpress Sdn Bhd and changed its name to AirAsia X Berhad i… Read more