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Delta Property Fund (JSE:DLT) Cyclically Adjusted PS Ratio : 0.08 (As of Jun. 02, 2025)


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What is Delta Property Fund Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Delta Property Fund's current share price is R0.21. Delta Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 was R2.63. Delta Property Fund's Cyclically Adjusted PS Ratio for today is 0.08.

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

JSE:DLT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.22
Current: 0.08

During the past 12 years, Delta Property Fund's highest Cyclically Adjusted PS Ratio was 0.22. The lowest was 0.05. And the median was 0.09.

JSE:DLT's Cyclically Adjusted PS Ratio is ranked better than
99.42% of 513 companies
in the REITs industry
Industry Median: 5.35 vs JSE:DLT: 0.08

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.

Delta Property Fund's adjusted revenue per share data of for the fiscal year that ended in Feb24 was R1.593. 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 R2.63 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Property Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Delta Property 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.

Delta Property Fund Cyclically Adjusted PS Ratio Chart

Delta Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.22 0.09 0.05

Delta Property Fund Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - 0.09 - 0.05 -

Competitive Comparison of Delta Property Fund's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Delta Property 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.


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

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

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


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Delta Property 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.21/2.63
=0.08

* 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.

Delta Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Delta Property Fund's adjusted Revenue per Share data for the fiscal year that ended in Feb24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=1.593/154.2028*154.2028
=1.593

Current CPI (Feb24) = 154.2028.

Delta Property Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 2.202 97.339 3.488
201602 2.331 104.097 3.453
201702 2.279 110.855 3.170
201802 2.200 115.106 2.947
201902 2.118 119.793 2.726
202002 2.038 125.243 2.509
202102 1.972 128.817 2.361
202202 1.945 136.109 2.204
202302 1.704 146.101 1.798
202402 1.593 154.203 1.593

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.


Delta Property Fund  (JSE:DLT) 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.


Delta Property Fund Cyclically Adjusted PS Ratio Related Terms

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


Delta Property Fund Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Muswell Road South, Postnet Suite 210, Private Bag X21, Silver Stream Office Park, Bryanston, Sandton, GT, ZAF, 2021
Delta Property Fund Ltd engages in long-term investment in rental-generating properties. The company operates through the following segments: head office; industrial; office sovereign; office other and retail. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets; single tenanted by the national government, provincial government, state-owned enterprises, and large blue chip corporates under long leases.

Delta Property Fund Headlines

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