Oasis Crescent Property Fund (JSE:OAS) Cyclically Adjusted PS Ratio: 12.56 (As of Jul. 21, 2026) — 18% Above Median

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JSE:OAS Oasis Crescent Property Fund JSE:OAS
74 GF Score
Price R28.26
GF Value R24.07
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Oasis Crescent Property Fund Cyclically Adjusted PS Ratio?

Oasis Crescent Property Fund JSE:OAS -3.71% 74 Cyclically Adjusted PS Ratio is 12.56 as of Jul. 21, 2026, which is 18% above its 10-year median of 10.66. GuruFocus rates JSE:OAS with a GF Score™ of 74/100 and a GF Value™ of R24.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 552 REITs companies, Oasis Crescent Property Fund ranks worse than 90.04% on this metric.

As of today (2026-07-21), Oasis Crescent Property Fund's current share price is R28.26. Oasis Crescent Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was R2.25. Oasis Crescent Property Fund's Cyclically Adjusted PS Ratio for today is 12.56.

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

JSE:OAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.74   Med: 10.66   Max: 13.07
Current: 13.07

During the past 13 years, Oasis Crescent Property Fund's highest Cyclically Adjusted PS Ratio was 13.07. The lowest was 8.74. And the median was 10.66.

JSE:OAS's Cyclically Adjusted PS Ratio is ranked worse than
90.04% of 552 companies
in the REITs industry
Industry Median: 5.895 vs JSE:OAS: 13.07

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.

Oasis Crescent Property Fund's adjusted revenue per share data of for the fiscal year that ended in Mar26 was R2.336. 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 R2.25 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oasis Crescent Property Fund  (JSE:OAS) 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.


Oasis Crescent Property Fund Cyclically Adjusted PS Ratio Related Terms


Oasis Crescent Property Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Oasis Crescent 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.

Oasis Crescent Property Fund Cyclically Adjusted PS Ratio Chart

Oasis Crescent Property Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 9.28 9.47 9.19 11.31

Oasis Crescent Property Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 9.47 0.00 9.19 0.00 11.31

JSE:OAS vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Oasis Crescent 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.


Oasis Crescent Property Fund Cyclically Adjusted PS Ratio vs REITs Industry

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

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


JSE:OAS
74GF Score
Oasis Crescent Property Fund JSE:OAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oasis Crescent 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.26/2.25
=12.56

* 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 Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Oasis Crescent Property Fund's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=2.336/164.7700*164.7700
=2.336

Current CPI (Mar26) = 164.7700.

Oasis Crescent Property Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 1.767 111.400 2.614
201803 1.753 115.542 2.500
201903 1.857 120.774 2.533
202003 1.802 125.679 2.362
202103 1.652 129.628 2.100
202203 1.540 137.594 1.844
202303 1.659 147.586 1.852
202403 1.965 155.483 2.082
202503 2.166 159.728 2.234
202603 2.336 164.770 2.336

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.

What does a Cyclically Adjusted PS Ratio of 12.56 mean?
Oasis Crescent Property Fund (JSE:OAS) has a Cyclically Adjusted PS Ratio of 12.56 as of Jul. 21, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Oasis Crescent Property Fund and its competitors. This is 18% above median its historical median of 10.66. Over the past decade, Oasis Crescent Property Fund's Cyclically Adjusted PS Ratio has ranged from 8.74 to 13.07. According to the industry distribution chart, Oasis Crescent Property Fund ranks #497 out of 552 companies in the REITs industry, placing it in the top 90%.
Is Oasis Crescent Property Fund's Cyclically Adjusted PS Ratio too high?
Oasis Crescent Property Fund's current Cyclically Adjusted PS Ratio of 12.56 is 18% above median its 10-year median of 10.66. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 13.07. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Oasis Crescent Property Fund's value of 12.56 is 113.1% above this industry median. Based on the distribution chart, Oasis Crescent Property Fund ranks #497 out of 552 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Oasis Crescent Property Fund has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oasis Crescent Property Fund's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Oasis Crescent Property Fund ranks #497 out of 552 companies for Cyclically Adjusted PS Ratio. This places Oasis Crescent Property Fund in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Oasis Crescent Property Fund's value of 12.56 is 113.1% above this benchmark. Historically, Oasis Crescent Property Fund's own Cyclically Adjusted PS Ratio has ranged from 8.74 to 13.07 over the past decade. While the company's 10-year median is 10.66 vs. the industry median of 5.90, Oasis Crescent Property Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.90, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oasis Crescent Property Fund's current Cyclically Adjusted PS Ratio of 12.56 is 113.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Oasis Crescent Property Fund and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oasis Crescent Property Fund's current Cyclically Adjusted PS Ratio is 12.56, which is 18% above median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oasis Crescent Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Oasis Crescent Property Fund (JSE:OAS) is currently considered Modestly Overvalued. The stock's GF Value™ is R24.07, compared to a current price of R28.26 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.56, which is 18% above median its 10-year median of 10.66 and 113.1% above the REITs industry median of 5.90. Oasis Crescent Property Fund's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Oasis Crescent Property Fund (JSE:OAS), the current Cyclically Adjusted PS Ratio is 12.56 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Oasis Crescent Property Fund (JSE:OAS) Overvalued in 2026?

Based on GuruFocus' analysis, Oasis Crescent Property Fund stock appears to be overvalued. The current stock price of R28.26 is trading 17.4% above its estimated GF Value™ of R24.07. GuruFocus considers Oasis Crescent Property Fund to be Modestly Overvalued.

Key valuation signals for JSE:OAS:

  • Cyclically Adjusted PS Ratio: 12.56 (18% above median its 10-year median of 10.66)
  • GF Value™: R24.07 vs. price of R28.26 (17.4% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 113.1% above the REITs median (#497 of 552)

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


Oasis Crescent Property Fund Business Description

Industry Real EstateREITs
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.
74GF Score

Get the complete analysis for JSE:OAS

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

R28.26
Price
R24.07
GF Value