Afine Investments (JSE:ANI) Cyclically Adjusted PS Ratio: (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:ANI Afine Investments Ltd JSE:ANI
65 GF Score
Price R5.00
GF Value R4.96
Valuation Fairly Valued
! 3 Warning Signs
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What is Afine Investments Cyclically Adjusted PS Ratio?

Afine Investments does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Afine Investments  (JSE:ANI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Afine Investments Cyclically Adjusted PS Ratio Related Terms


Afine Investments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Afine Investments's Cyclically Adjusted PS 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.

Afine Investments Cyclically Adjusted PS Ratio Chart

Afine Investments Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Afine Investments Semi-Annual Data
Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

JSE:ANI vs EQIX, AMT, DLR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Specialty subindustry, Afine Investments's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Afine Investments Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Afine Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Afine Investments's Cyclically Adjusted PS Ratio falls into.


JSE:ANI
65GF Score
Afine Investments Ltd JSE:ANI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afine Investments Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Afine Investments does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is Afine Investments (JSE:ANI) Overvalued in 2026?

Based on GuruFocus' analysis, Afine Investments stock appears to be overvalued. The current stock price of R5.00 is trading 0.8% above its estimated GF Value™ of R4.96. GuruFocus considers Afine Investments to be Fairly Valued.

Key valuation signals for JSE:ANI:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R4.96 vs. price of R5.00 (0.8% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Afine Investments Business Description

Industry Real EstateREITs
Address Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segments, the majority of revenue is generated from Gauteng and North-West.
65GF Score

Get the complete analysis for JSE:ANI

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R5.00
Price
R4.96
GF Value