Trematon Capital Investments (JSE:TMT) Cyclically Adjusted PS Ratio: 0.61 (As of Aug. 14, 2026) — 78% Below Median

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JSE:TMT Trematon Capital Investments Ltd JSE:TMT
57 GF Score
Price R1.15
GF Value R11.70
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Trematon Capital Investments Cyclically Adjusted PS Ratio?

Trematon Capital Investments JSE:TMT 57 Cyclically Adjusted PS Ratio is 0.61 as of Aug. 14, 2026, which is 78% below its 10-year median of 2.72. GuruFocus rates JSE:TMT with a GF Score™ of 57/100 and a GF Value™ of R11.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,368 Real Estate companies, Trematon Capital Investments ranks better than 75.44% on this metric.

As of today (2026-08-14), Trematon Capital Investments's current share price is R1.15. Trematon Capital Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was R1.87. Trematon Capital Investments's Cyclically Adjusted PS Ratio for today is 0.61.

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

JSE:TMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.72   Max: 12
Current: 0.62

During the past 13 years, Trematon Capital Investments's highest Cyclically Adjusted PS Ratio was 12.00. The lowest was 0.55. And the median was 2.72.

JSE:TMT's Cyclically Adjusted PS Ratio is ranked better than
75.44% of 1368 companies
in the Real Estate industry
Industry Median: 1.79 vs JSE:TMT: 0.62

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.

Trematon Capital Investments's adjusted revenue per share data of for the fiscal year that ended in Aug25 was R1.333. 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 R1.87 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trematon Capital Investments  (JSE:TMT) 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.


Trematon Capital Investments Cyclically Adjusted PS Ratio Related Terms


Trematon Capital Investments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trematon Capital Investments'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.

Trematon Capital Investments Cyclically Adjusted PS Ratio Chart

Trematon Capital Investments Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 2.33 1.85 1.29 0.59

Trematon Capital Investments Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.29 0.00 0.59 0.00

JSE:TMT vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Trematon Capital Investments'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.


Trematon Capital Investments Cyclically Adjusted PS Ratio vs Real Estate Industry

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

* The bar in red indicates where Trematon Capital Investments's Cyclically Adjusted PS Ratio falls into.


JSE:TMT
57GF Score
Trematon Capital Investments Ltd JSE:TMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trematon Capital Investments 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.

Trematon Capital Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.15/1.87
=0.61

* 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.

Trematon Capital Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Trematon Capital Investments's adjusted Revenue per Share data for the fiscal year that ended in Aug25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=1.333/162.2500*162.2500
=1.333

Current CPI (Aug25) = 162.2500.

Trematon Capital Investments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.565 107.476 0.853
201708 1.277 112.381 1.844
201808 1.345 117.831 1.852
201908 1.643 122.954 2.168
202008 1.612 126.660 2.065
202108 1.754 133.003 2.140
202208 2.167 143.536 2.450
202308 2.454 150.422 2.647
202408 1.283 157.055 1.325
202508 1.333 162.250 1.333

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 0.61 mean?
Trematon Capital Investments (JSE:TMT) has a Cyclically Adjusted PS Ratio of 0.61 as of Aug. 14, 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 Trematon Capital Investments and its competitors. This is 78% below median its historical median of 2.72. Over the past decade, Trematon Capital Investments' Cyclically Adjusted PS Ratio has ranged from 0.55 to 12.00. According to the industry distribution chart, Trematon Capital Investments ranks #336 out of 1368 companies in the Real Estate industry, placing it in the top 24.6%.
Is Trematon Capital Investments' Cyclically Adjusted PS Ratio too high?
Trematon Capital Investments' current Cyclically Adjusted PS Ratio of 0.61 is 78% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 12.00. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.79. Trematon Capital Investments' value of 0.61 is 65.9% below this industry median. Based on the distribution chart, Trematon Capital Investments ranks #336 out of 1368 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Trematon Capital Investments has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Trematon Capital Investments' Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Trematon Capital Investments ranks #336 out of 1368 companies for Cyclically Adjusted PS Ratio. This places Trematon Capital Investments in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.79. Trematon Capital Investments' value of 0.61 is 65.9% below this benchmark. Historically, Trematon Capital Investments' own Cyclically Adjusted PS Ratio has ranged from 0.55 to 12.00 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.79, Trematon Capital Investments has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.79, based on 1,368 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. Trematon Capital Investments's current Cyclically Adjusted PS Ratio of 0.61 is 65.9% below 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 Trematon Capital Investments and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trematon Capital Investments's current Cyclically Adjusted PS Ratio is 0.61, which is 78% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trematon Capital Investments stock overvalued right now?
Based on GuruFocus' analysis, Trematon Capital Investments (JSE:TMT) is currently considered Possible Value Trap. The stock's GF Value™ is R11.70, compared to a current price of R1.15 — trading 90.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.61, which is 78% below median its 10-year median of 2.72 and 65.9% below the Real Estate industry median of 1.79. Trematon Capital Investments' overall GF Score™ is 57/100 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 Trematon Capital Investments (JSE:TMT), the current Cyclically Adjusted PS Ratio is 0.61 as of Aug. 14, 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 Trematon Capital Investments (JSE:TMT) Overvalued in 2026?

Based on GuruFocus' analysis, Trematon Capital Investments stock appears to be undervalued. The current stock price of R1.15 is trading 90.2% below its estimated GF Value™ of R11.70. GuruFocus considers Trematon Capital Investments to be Possible Value Trap.

Key valuation signals for JSE:TMT:

  • Cyclically Adjusted PS Ratio: 0.61 (78% below median its 10-year median of 2.72)
  • GF Value™: R11.70 vs. price of R1.15 (90.2% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 65.9% below the Real Estate median (#336 of 1368)

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


Trematon Capital Investments Business Description

Address 42 Hans Strijdom Avenue, 3rd Floor, Aria North Wharf, Foreshore, Cape Town, WC, ZAF, 8001
Trematon Capital Investments Ltd operates as an investment holding company that invests in assets and businesses that its management believes are undervalued and have the potential to achieve its targeted internal rate of return. The company's reportable segments are Property investments, Education, Edutech, UK property investments, Corporate and other. Maximum revenue for the company is generated from its Property investments segment which generates income from the sale of investment property and inventory, rental income on investment property, fair value gains on property investments, and dividend income from reporting entities within the segment. Geographically, the company has a business presence in South Africa and the United Kingdom.
57GF Score

Get the complete analysis for JSE:TMT

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

R1.15
Price
R11.70
GF Value