Novus Properties (XMAU:NOV) Cyclically Adjusted PS Ratio: 5.48 (As of Aug. 29, 2026) — 14% Below Median

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XMAU:NOV Novus Properties Ltd XMAU:NOV
80 GF Score
Price MUR6.80
GF Value MUR9.11
! 2 Warning Signs
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What is Novus Properties Cyclically Adjusted PS Ratio?

Novus Properties XMAU:NOV 80 Cyclically Adjusted PS Ratio is 5.48 as of Aug. 29, 2026, which is 14% below its 10-year median of 6.39. GuruFocus rates XMAU:NOV with a GF Score™ of 80/100 and a GF Value™ of MUR9.11. The stock has 2 warning signs investors should review. Among 1,360 Real Estate companies, Novus Properties ranks worse than 78.82% on this metric.

As of today (2026-08-29), Novus Properties's current share price is MUR6.80. Novus Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MUR1.24. Novus Properties's Cyclically Adjusted PS Ratio for today is 5.48.

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

XMAU:NOV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.16   Med: 6.39   Max: 6.64
Current: 5.46

During the past years, Novus Properties's highest Cyclically Adjusted PS Ratio was 6.64. The lowest was 5.16. And the median was 6.39.

XMAU:NOV's Cyclically Adjusted PS Ratio is ranked worse than
78.82% of 1360 companies
in the Real Estate industry
Industry Median: 1.8 vs XMAU:NOV: 5.46

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.

Novus Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was MUR0.267. 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 MUR1.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novus Properties  (XMAU:NOV) 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.


Novus Properties Cyclically Adjusted PS Ratio Related Terms


Novus Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Novus Properties'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.

Novus Properties Cyclically Adjusted PS Ratio Chart

Novus Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 6.63

Novus Properties Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 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 6.63 6.38 6.27

XMAU:NOV vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Novus Properties'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.


Novus Properties Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


XMAU:NOV
80GF Score
Novus Properties Ltd XMAU:NOV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novus Properties 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.

Novus Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.80/1.24
=5.48

* 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.

Novus Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Novus Properties's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.267/330.2130*330.2130
=0.267

Current CPI (Mar. 2026) = 330.2130.

Novus Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.185 238.638 0.256
201509 0.203 237.945 0.282
201512 0.191 236.525 0.267
201603 0.195 238.132 0.270
201606 0.194 241.018 0.266
201609 0.206 241.428 0.282
201612 0.194 241.432 0.265
201703 0.190 243.801 0.257
201706 0.188 244.955 0.253
201709 0.281 246.819 0.376
201712 0.193 246.524 0.259
201803 0.217 249.554 0.287
201806 0.128 251.989 0.168
201809 0.288 252.439 0.377
201812 0.280 251.233 0.368
201903 0.283 254.202 0.368
201906 0.279 256.143 0.360
201909 0.273 256.759 0.351
202003 0.295 258.115 0.377
202006 0.275 257.797 0.352
202009 0.297 260.280 0.377
202103 0.285 264.877 0.355
202106 0.238 271.696 0.289
202109 0.223 274.310 0.268
202112 0.262 278.802 0.310
202203 0.232 287.504 0.266
202206 0.340 296.311 0.379
202209 0.253 296.808 0.281
202212 0.258 296.797 0.287
202303 0.276 301.836 0.302
202306 0.386 305.109 0.418
202309 0.349 307.789 0.374
202312 0.291 306.746 0.313
202403 0.306 312.332 0.324
202406 0.313 314.175 0.329
202409 0.322 315.301 0.337
202503 0.282 319.799 0.291
202506 0.335 322.561 0.343
202509 0.287 324.800 0.292
202603 0.267 330.213 0.267

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 5.48 mean?
Novus Properties (XMAU:NOV) has a Cyclically Adjusted PS Ratio of 5.48 as of Aug. 29, 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 Novus Properties and its competitors. This is 14% below median its historical median of 6.39. Over the past decade, Novus Properties' Cyclically Adjusted PS Ratio has ranged from 5.16 to 6.64. According to the industry distribution chart, Novus Properties ranks #1072 out of 1360 companies in the Real Estate industry, placing it in the top 78.8%.
Is Novus Properties' Cyclically Adjusted PS Ratio too high?
Novus Properties' current Cyclically Adjusted PS Ratio of 5.48 is 14% below median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 6.64. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.80. Novus Properties' value of 5.48 is 204.4% above this industry median. Based on the distribution chart, Novus Properties ranks #1072 out of 1360 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Novus Properties has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Novus Properties' Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Novus Properties ranks #1072 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Novus Properties in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Novus Properties' value of 5.48 is 204.4% above this benchmark. Historically, Novus Properties' own Cyclically Adjusted PS Ratio has ranged from 5.16 to 6.64 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 1.80, Novus Properties 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.80, based on 1,360 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. Novus Properties's current Cyclically Adjusted PS Ratio of 5.48 is 204.4% 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 Novus Properties and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Properties's current Cyclically Adjusted PS Ratio is 5.48, which is 14% below median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Properties stock overvalued right now?
Novus Properties (XMAU:NOV) has a current Cyclically Adjusted PS Ratio of 5.48. The stock's GF Value™ is MUR9.11, compared to a current price of MUR6.80 — trading 25.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.48, which is 14% below median its 10-year median of 6.39 and 204.4% above the Real Estate industry median of 1.80. Novus Properties' overall GF Score™ is 80/100 with 2 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 Novus Properties (XMAU:NOV), the current Cyclically Adjusted PS Ratio is 5.48 as of Aug. 29, 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 Novus Properties (XMAU:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, Novus Properties stock appears to be undervalued. The current stock price of MUR6.80 is trading 25.4% below its estimated GF Value™ of MUR9.11.

Key valuation signals for XMAU:NOV:

  • Cyclically Adjusted PS Ratio: 5.48 (14% below median its 10-year median of 6.39)
  • GF Value™: MUR9.11 vs. price of MUR6.80 (25.4% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 204.4% above the Real Estate median (#1072 of 1360)

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


Novus Properties Business Description

Address C/o NWT Secretarial Services Ltd, Wall Street, 3rd Floor, Carleton Tower, Cybercity, Ebene, MUS, 72201
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income. The company has invested in Industrial building at Pailles, GRNW, Offices at Grand Bay Business Park.
80GF Score

Get the complete analysis for XMAU:NOV

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

MUR6.80
Price
MUR9.11
GF Value