Hospitality Property Fund (JSE:TSP) Cyclically Adjusted PS Ratio: (As of Jul. 23, 2026)

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What is Hospitality Property Fund Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hospitality Property Fund  (JSE:TSP) 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.


Hospitality Property Fund Cyclically Adjusted PS Ratio Related Terms


Hospitality Property Fund Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Hospitality 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.

Hospitality Property Fund Cyclically Adjusted PS Ratio Chart

Hospitality Property Fund Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hospitality Property Fund Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 0.00 0.00 0.00

JSE:TSP vs HST, PK, APLE: Cyclically Adjusted PS Ratio Comparison

For the REIT - Hotel & Motel subindustry, Hospitality 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.


Hospitality Property Fund Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Hospitality Property Fund's Cyclically Adjusted PS Ratio falls into.



Hospitality 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.

Hospitality Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Hospitality Property Fund's adjusted Revenue per Share data for the fiscal year that ended in Mar20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=1.329/125.6790*125.6790
=1.329

Current CPI (Mar20) = 125.6790.

Hospitality Property Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201006 4.235 76.628 6.946
201106 3.434 80.552 5.358
201206 1.748 85.021 2.584
201306 1.372 89.708 1.922
201406 1.541 95.813 2.021
201506 1.526 100.173 1.915
201606 2.579 106.713 3.037
201803 1.751 115.542 1.905
201903 1.439 120.774 1.497
202003 1.329 125.679 1.329

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.


Hospitality Property Fund Business Description

Industry Real EstateREITs
Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055
Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.