Resilient REIT (JSE:RES) Cyclically Adjusted PS Ratio: 6.99 (As of Jul. 17, 2026) — Near Median

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JSE:RES Resilient REIT Ltd JSE:RES
78 GF Score
Price R82.38
GF Value R64.69
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Resilient REIT Cyclically Adjusted PS Ratio?

Resilient REIT JSE:RES +0.21% 78 Cyclically Adjusted PS Ratio is 6.99 as of Jul. 17, 2026, which is 8% above its 10-year median of 6.45. GuruFocus rates JSE:RES with a GF Score™ of 78/100 and a GF Value™ of R64.69 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 554 REITs companies, Resilient REIT ranks worse than 59.57% on this metric.

As of today (2026-07-17), Resilient REIT's current share price is R82.38. Resilient REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was R11.79. Resilient REIT's Cyclically Adjusted PS Ratio for today is 6.99.

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

JSE:RES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.76   Med: 6.45   Max: 28.46
Current: 6.99

During the past 13 years, Resilient REIT's highest Cyclically Adjusted PS Ratio was 28.46. The lowest was 3.76. And the median was 6.45.

JSE:RES's Cyclically Adjusted PS Ratio is ranked worse than
59.57% of 554 companies
in the REITs industry
Industry Median: 5.91 vs JSE:RES: 6.99

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.

Resilient REIT's adjusted revenue per share data of for the fiscal year that ended in Dec25 was R11.717. 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 R11.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resilient REIT  (JSE:RES) 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.


Resilient REIT Cyclically Adjusted PS Ratio Related Terms


Resilient REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Resilient REIT'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.

Resilient REIT Cyclically Adjusted PS Ratio Chart

Resilient REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.82 5.55 4.24 5.28 6.78

Resilient REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.24 0.00 5.28 0.00 6.78

JSE:RES vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Resilient REIT'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.


Resilient REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

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


JSE:RES
78GF Score
Resilient REIT Ltd JSE:RES
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Resilient REIT 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.

Resilient REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=82.38/11.79
=6.99

* 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.

Resilient REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Resilient REIT's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=11.717/162.8800*162.8800
=11.717

Current CPI (Dec25) = 162.8800.

Resilient REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.854 106.713 8.935
201706 8.911 112.054 12.953
201806 10.486 116.959 14.603
201906 10.334 122.191 13.775
202006 9.916 124.807 12.941
202106 7.923 131.113 9.843
202212 9.964 145.156 11.181
202312 10.022 152.718 10.689
202412 10.889 157.212 11.282
202512 11.717 162.880 11.717

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 6.99 mean?
Resilient REIT (JSE:RES) has a Cyclically Adjusted PS Ratio of 6.99 as of Jul. 17, 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 Resilient REIT and its competitors. This is near median its historical median of 6.45. Over the past decade, Resilient REIT's Cyclically Adjusted PS Ratio has ranged from 3.76 to 28.46. According to the industry distribution chart, Resilient REIT ranks #330 out of 554 companies in the REITs industry, placing it in the top 59.6%.
Is Resilient REIT's Cyclically Adjusted PS Ratio too high?
Resilient REIT's current Cyclically Adjusted PS Ratio of 6.99 is near median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 28.46. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Resilient REIT's value of 6.99 is 18.3% above this industry median. Based on the distribution chart, Resilient REIT ranks #330 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Resilient REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resilient REIT's Cyclically Adjusted PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, Resilient REIT ranks #330 out of 554 companies for Cyclically Adjusted PS Ratio. This places Resilient REIT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Resilient REIT's value of 6.99 is 18.3% above this benchmark. Historically, Resilient REIT's own Cyclically Adjusted PS Ratio has ranged from 3.76 to 28.46 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 5.91, Resilient REIT 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 5.91, based on 554 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. Resilient REIT's current Cyclically Adjusted PS Ratio of 6.99 is 18.3% 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 Resilient REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resilient REIT's current Cyclically Adjusted PS Ratio is 6.99, which is near median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resilient REIT stock overvalued right now?
Based on GuruFocus' analysis, Resilient REIT (JSE:RES) is currently considered Modestly Overvalued. The stock's GF Value™ is R64.69, compared to a current price of R82.38 — trading 27.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.99, which is near median its 10-year median of 6.45 and 18.3% above the REITs industry median of 5.91. Resilient REIT's overall GF Score™ is 78/100 with 11 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 Resilient REIT (JSE:RES), the current Cyclically Adjusted PS Ratio is 6.99 as of Jul. 17, 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 Resilient REIT (JSE:RES) Overvalued in 2026?

Based on GuruFocus' analysis, Resilient REIT stock appears to be overvalued. The current stock price of R82.38 is trading 27.3% above its estimated GF Value™ of R64.69. GuruFocus considers Resilient REIT to be Modestly Overvalued.

Key valuation signals for JSE:RES:

  • Cyclically Adjusted PS Ratio: 6.99 (near median its 10-year median of 6.45)
  • GF Value™: R64.69 vs. price of R82.38 (27.3% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 18.3% above the REITs median (#330 of 554)

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


Resilient REIT Business Description

Industry Real EstateREITs
Address Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.
78GF Score

Get the complete analysis for JSE:RES

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

R82.38
Price
R64.69
GF Value