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Oasis Crescent Property Fund (JSE:OAS) Cyclically Adjusted PS Ratio : 8.90 (As of Jun. 07, 2024)


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What is Oasis Crescent Property Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Oasis Crescent Property Fund's current share price is R19.50. Oasis Crescent Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was R2.19. Oasis Crescent Property Fund's Cyclically Adjusted PS Ratio for today is 8.90.

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: 9   Med: 11.01   Max: 12.14
Current: 9

During the past 13 years, Oasis Crescent Property Fund's highest Cyclically Adjusted PS Ratio was 12.14. The lowest was 9.00. And the median was 11.01.

JSE:OAS's Cyclically Adjusted PS Ratio is ranked worse than
78.86% of 492 companies
in the REITs industry
Industry Median: 4.92 vs JSE:OAS: 9.00

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 Mar24 was R1.967. 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 R2.19 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oasis Crescent Property Fund Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Oasis Crescent Property Fund Cyclically Adjusted PS Ratio Chart

Oasis Crescent Property Fund Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.13 11.22 9.88 9.26 9.46

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
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 9.88 - 9.26 - 9.46

Competitive Comparison of Oasis Crescent Property Fund's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=19.50/2.19
=8.90

* 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 Mar24 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.967/155.4180*155.4180
=1.967

Current CPI (Mar24) = 155.4180.

Oasis Crescent Property Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.456 98.538 2.296
201603 1.877 104.969 2.779
201703 1.767 111.400 2.465
201803 1.818 115.542 2.445
201903 1.894 120.774 2.437
202003 1.799 125.679 2.225
202103 1.621 129.628 1.944
202203 1.460 137.594 1.649
202303 1.650 147.586 1.738
202403 1.967 155.418 1.967

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.


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

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


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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