Stor-Age Property REIT (JSE:SSS) Cyclically Adjusted PS Ratio: 6.58 (As of Jul. 19, 2026) — 10% Below Median

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JSE:SSS Stor-Age Property REIT Ltd JSE:SSS
78 GF Score
Price R16.31
GF Value R16.22
Valuation Fairly Valued
! 5 Warning Signs
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What is Stor-Age Property REIT Cyclically Adjusted PS Ratio?

Stor-Age Property REIT JSE:SSS -0.37% 78 Cyclically Adjusted PS Ratio is 6.58 as of Jul. 19, 2026, which is 10% below its 10-year median of 7.32. GuruFocus rates JSE:SSS with a GF Score™ of 78/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 553 REITs companies, Stor-Age Property REIT ranks worse than 55.52% on this metric.

As of today (2026-07-19), Stor-Age Property REIT's current share price is R16.31. Stor-Age Property REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was R2.48. Stor-Age Property REIT's Cyclically Adjusted PS Ratio for today is 6.58.

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

JSE:SSS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.42   Med: 7.32   Max: 8.73
Current: 6.57

During the past 11 years, Stor-Age Property REIT's highest Cyclically Adjusted PS Ratio was 8.73. The lowest was 6.42. And the median was 7.32.

JSE:SSS's Cyclically Adjusted PS Ratio is ranked worse than
55.52% of 553 companies
in the REITs industry
Industry Median: 5.9 vs JSE:SSS: 6.57

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.

Stor-Age Property REIT's adjusted revenue per share data of for the fiscal year that ended in Mar26 was R2.924. 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 R2.48 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stor-Age Property REIT  (JSE:SSS) 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.


Stor-Age Property REIT Cyclically Adjusted PS Ratio Related Terms


Stor-Age Property REIT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stor-Age Property 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.

Stor-Age Property REIT Cyclically Adjusted PS Ratio Chart

Stor-Age Property REIT 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 0.00 0.00 0.00 6.66 6.73

Stor-Age Property REIT 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 0.00 0.00 6.66 0.00 6.73

JSE:SSS vs PLD, PSA, EXR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, Stor-Age Property 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.


Stor-Age Property REIT Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Stor-Age Property REIT's Cyclically Adjusted PS Ratio falls into.


JSE:SSS
78GF Score
Stor-Age Property REIT Ltd JSE:SSS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stor-Age Property 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.

Stor-Age Property REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.31/2.48
=6.58

* 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.

Stor-Age Property REIT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Stor-Age Property REIT'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)
=2.924/164.7700*164.7700
=2.924

Current CPI (Mar26) = 164.7700.

Stor-Age Property REIT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 1.360 111.400 2.012
201803 1.442 115.542 2.056
201903 1.663 120.774 2.269
202003 1.786 125.679 2.342
202103 1.891 129.628 2.404
202203 2.075 137.594 2.485
202303 2.312 147.586 2.581
202403 2.692 155.483 2.853
202503 2.798 159.728 2.886
202603 2.924 164.770 2.924

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 6.58 mean?
Stor-Age Property REIT (JSE:SSS) has a Cyclically Adjusted PS Ratio of 6.58 as of Jul. 19, 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 Stor-Age Property REIT and its competitors. This is 10% below median its historical median of 7.32. Over the past decade, Stor-Age Property REIT's Cyclically Adjusted PS Ratio has ranged from 6.42 to 8.73. According to the industry distribution chart, Stor-Age Property REIT ranks #307 out of 553 companies in the REITs industry, placing it in the top 55.5%.
Is Stor-Age Property REIT's Cyclically Adjusted PS Ratio too high?
Stor-Age Property REIT's current Cyclically Adjusted PS Ratio of 6.58 is 10% below median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 6.42 to a high of 8.73. The REITs industry median Cyclically Adjusted PS Ratio is 5.90. Stor-Age Property REIT's value of 6.58 is 11.5% above this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #307 out of 553 companies in the REITs industry, which is below the industry midpoint. Overall, Stor-Age Property REIT has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Cyclically Adjusted PS Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #307 out of 553 companies for Cyclically Adjusted PS Ratio. This places Stor-Age Property REIT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.90. Stor-Age Property REIT's value of 6.58 is 11.5% above this benchmark. Historically, Stor-Age Property REIT's own Cyclically Adjusted PS Ratio has ranged from 6.42 to 8.73 over the past decade. While the company's 10-year median is 7.32 vs. the industry median of 5.90, Stor-Age Property 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 5.90, based on 553 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. Stor-Age Property REIT's current Cyclically Adjusted PS Ratio of 6.58 is 11.5% 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 Stor-Age Property REIT 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. Stor-Age Property REIT's current Cyclically Adjusted PS Ratio is 6.58, which is 10% below median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R16.31 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.58, which is 10% below median its 10-year median of 7.32 and 11.5% above the REITs industry median of 5.90. Stor-Age Property REIT's overall GF Score™ is 78/100 with 5 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 Stor-Age Property REIT (JSE:SSS), the current Cyclically Adjusted PS Ratio is 6.58 as of Jul. 19, 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?

Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued. The current stock price of R16.31 is trading 0.6% above its estimated GF Value™ of R16.22. GuruFocus considers Stor-Age Property REIT to be Fairly Valued.

Key valuation signals for JSE:SSS:

  • Cyclically Adjusted PS Ratio: 6.58 (10% below median its 10-year median of 7.32)
  • GF Value™: R16.22 vs. price of R16.31 (0.6% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 11.5% above the REITs median (#307 of 553)

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


Stor-Age Property REIT Business Description

Industry Real EstateREITs
Address 216 Main Road, Claremont, Cape Town, WC, ZAF, 7735
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
78GF Score

Get the complete analysis for JSE:SSS

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

R16.31
Price
R16.22
GF Value