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Oasis Crescent Property Fund (JSE:OAS) Shiller PE Ratio : 8.66 (As of May. 17, 2024)


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What is Oasis Crescent Property Fund Shiller PE Ratio?

As of today (2024-05-17), Oasis Crescent Property Fund's current share price is R20.00. Oasis Crescent Property Fund's E10 for the fiscal year that ended in Mar24 was R2.31. Oasis Crescent Property Fund's Shiller PE Ratio for today is 8.66.

The historical rank and industry rank for Oasis Crescent Property Fund's Shiller PE Ratio or its related term are showing as below:

JSE:OAS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.64   Med: 11.22   Max: 13.24
Current: 8.64

During the past 13 years, Oasis Crescent Property Fund's highest Shiller PE Ratio was 13.24. The lowest was 8.64. And the median was 11.22.

JSE:OAS's Shiller PE Ratio is ranked better than
67.49% of 446 companies
in the REITs industry
Industry Median: 11.385 vs JSE:OAS: 8.64

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Oasis Crescent Property Fund's adjusted earnings per share data of for the fiscal year that ended in Mar24 was R4.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R2.31 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oasis Crescent Property Fund Shiller PE Ratio Historical Data

The historical data trend for Oasis Crescent Property Fund's Shiller PE 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.

* Premium members only.

Oasis Crescent Property Fund Shiller PE Ratio Chart

Oasis Crescent Property Fund Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.21 12.24 9.87 9.44 8.97

Oasis Crescent Property Fund Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Shiller PE 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 9.87 - 9.44 - 8.97

Competitive Comparison of Oasis Crescent Property Fund's Shiller PE Ratio

For the REIT - Diversified subindustry, Oasis Crescent Property Fund's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Oasis Crescent Property Fund's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Oasis Crescent Property Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Oasis Crescent Property Fund's Shiller PE Ratio falls into.



Oasis Crescent Property Fund Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Oasis Crescent Property Fund's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.00/2.31
=8.66

* 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.

Oasis Crescent Property Fund's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Oasis Crescent Property Fund's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=4.272/155.4180*155.4180
=4.272

Current CPI (Mar24) = 155.4180.

Oasis Crescent Property Fund Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 1.487 98.538 2.345
201603 1.709 104.969 2.530
201703 1.403 111.400 1.957
201803 2.034 115.542 2.736
201903 2.529 120.774 3.254
202003 0.756 125.679 0.935
202103 1.562 129.628 1.873
202203 2.981 137.594 3.367
202303 0.193 147.586 0.203
202403 4.272 155.418 4.272

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Oasis Crescent Property Fund  (JSE:OAS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Oasis Crescent Property Fund Shiller PE Ratio Related Terms

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Oasis Crescent Property Fund (JSE:OAS) Business Description

Traded in Other Exchanges
N/A
Address
96 Upper Roodebloem Road, Oasis House, University Estate, Cape Town, WC, ZAF, 7925
Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.

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