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Dipulaome Fund (JSE:DIB) Cyclically Adjusted PS Ratio : 1.52 (As of Jun. 19, 2024)


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What is Dipulaome Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Dipulaome Fund's current share price is R4.05. Dipulaome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was R2.66. Dipulaome Fund's Cyclically Adjusted PS Ratio for today is 1.52.

The historical rank and industry rank for Dipulaome Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

JSE:DIB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.43   Max: 1.81
Current: 1.43

During the past 13 years, Dipulaome Fund's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 0.22. And the median was 1.43.

JSE:DIB's Cyclically Adjusted PS Ratio is ranked better than
88.82% of 492 companies
in the REITs industry
Industry Median: 4.85 vs JSE:DIB: 1.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Dipulaome Fund's adjusted revenue per share data of for the fiscal year that ended in Aug23 was R1.528. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R2.66 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dipulaome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dipulaome Fund'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.

* Premium members only.

Dipulaome Fund Cyclically Adjusted PS Ratio Chart

Dipulaome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 0.30 1.65 1.52 1.54

Dipulaome Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Cyclically Adjusted PS 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 - 1.52 - 1.54 -

Competitive Comparison of Dipulaome Fund's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Dipulaome Fund'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.


Dipulaome Fund's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Dipulaome Fund 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.

Dipulaome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.05/2.66
=1.52

* 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.

Dipulaome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Dipulaome Fund's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=1.528/150.4220*150.4220
=1.528

Current CPI (Aug23) = 150.4220.

Dipulaome Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 1.853 96.794 2.880
201508 2.034 101.154 3.025
201608 2.610 107.476 3.653
201708 2.526 112.381 3.381
201808 2.317 117.831 2.958
201908 2.498 122.954 3.056
202008 2.426 126.660 2.881
202108 1.452 133.003 1.642
202208 1.490 143.536 1.561
202308 1.528 150.422 1.528

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Dipulaome Fund  (JSE:DIB) 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.


Dipulaome Fund Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Dipulaome Fund's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dipulaome Fund (JSE:DIB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16 Baker Street, 12th Floor, Firestation Rosebank, Rosebank, Johannesburg, GT, ZAF, 2196
Dipula Income Fund Ltd is a South Africa-based real estate investment trust. It owns a diversified portfolio of investments in different sectors in all nine provinces of South Africa. Its segments include Retail, Offices, Industrial, Land, Residential, and Corporate. A substantial part of the company's overall revenue is derived from its Retail segment. The majority of its properties are in Gauteng.

Dipulaome Fund (JSE:DIB) Headlines

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