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SAorate Real Estate (JSE:SAC) Cyclically Adjusted PS Ratio : 2.45 (As of Jun. 21, 2024)


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What is SAorate Real Estate Cyclically Adjusted PS Ratio?

As of today (2024-06-21), SAorate Real Estate's current share price is R2.60. SAorate Real Estate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was R1.06. SAorate Real Estate's Cyclically Adjusted PS Ratio for today is 2.45.

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

JSE:SAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 3.74   Max: 7.92
Current: 2.3

During the past 13 years, SAorate Real Estate's highest Cyclically Adjusted PS Ratio was 7.92. The lowest was 0.89. And the median was 3.74.

JSE:SAC's Cyclically Adjusted PS Ratio is ranked better than
78.09% of 493 companies
in the REITs industry
Industry Median: 4.83 vs JSE:SAC: 2.30

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.

SAorate Real Estate's adjusted revenue per share data of for the fiscal year that ended in Dec23 was R0.996. 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 R1.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAorate Real Estate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Cyclically Adjusted PS Ratio Chart

SAorate Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 1.89 2.46 2.37 2.18

SAorate Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.46 - 2.37 - 2.18

Competitive Comparison of SAorate Real Estate's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, SAorate Real Estate'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.


SAorate Real Estate's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Cyclically Adjusted PS Ratio falls into.



SAorate Real Estate 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.

SAorate Real Estate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.60/1.06
=2.45

* 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.

SAorate Real Estate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SAorate Real Estate's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.996/152.7175*152.7175
=0.996

Current CPI (Dec23) = 152.7175.

SAorate Real Estate Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.706 96.794 1.114
201512 0.794 101.808 1.191
201612 0.790 109.002 1.107
201712 0.855 113.907 1.146
201812 0.913 118.921 1.172
201912 0.904 123.717 1.116
202012 0.820 127.467 0.982
202112 0.844 135.029 0.955
202212 0.821 145.156 0.864
202312 0.996 152.718 0.996

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.


SAorate Real Estate  (JSE:SAC) 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.


SAorate Real Estate Cyclically Adjusted PS Ratio Related Terms

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


SAorate Real Estate (JSE:SAC) Business Description

Traded in Other Exchanges
N/A
Address
Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees.

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