Delta Property FundJSE:DLT 28 Median PS Value is R0.35 as of Jun. 29, 2026, which is 100% below its 10-year median of 0.28. GuruFocus rates JSE:DLT with a GF Score™ of 28/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 411 REITs companies, Delta Property Fund ranks worse than 90.75% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Delta Property Fund's Median PS Value or its related term are showing as below:
JSE:DLT'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.05 Med: 0.28 Max: 1.43
Current: 1.43
During the past 13 years, the highest Price to Median PS Value of Delta Property Fund was 1.43. The lowest was 0.05. And the median was 0.28.
JSE:DLT's Price-to-Median-PS-Value is ranked worse than 90.75% of 411
companies
in the REITs industry
Industry Median: 0.88
vs JSE:DLT: 1.43
Delta Property Fund (JSE:DLT) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Delta Property Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.50
/
0.35
=
1.43
* 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.
Delta Property Fund Median PS Value Related Terms
Delta Property Fund Median PS Value Historical Data
* Premium members only.
The historical data trend for Delta Property Fund's Median PS Value 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.
JSE:DLT vs BXP, ARE, VNO: Median PS Value Comparison
For the REIT - Office subindustry, Delta Property Fund's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Delta Property Fund Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Delta Property Fund's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.2177.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Delta Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was R1.608.
* 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.
Delta Property Fund (JSE:DLT) has a Median PS Value of R0.35 as of Jun. 29, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Delta Property Fund and its competitors. This is 25% above median its historical median of 0.28. Over the past decade, Delta Property Fund's Median PS Value has ranged from 0.05 to 1.43. According to the industry distribution chart, Delta Property Fund ranks #373 out of 411 companies in the REITs industry, placing it in the top 90.8%.
Is Delta Property Fund's Median PS Value too high?
Delta Property Fund's current Median PS Value of R0.35 is 25% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.43. Based on the distribution chart, Delta Property Fund ranks #373 out of 411 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Median PS Value compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #373 out of 411 companies for Median PS Value. This places Delta Property Fund in the lower half of its industry. The industry median Median PS Value is 0.88. Historically, Delta Property Fund's own Median PS Value has ranged from 0.05 to 1.43 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a REITs company?
The median Median PS Value among REITs companies is 0.88, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Delta Property Fund and its competitors. For the REITs industry, the median Median PS Value is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Property Fund's current Median PS Value is R0.35, which is 25% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.50 — trading 117.4% above its estimated fair value. The current Median PS Value is R0.35, which is 25% above median its 10-year median of 0.28. Delta Property Fund's overall GF Score™ is 28/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Delta Property Fund (JSE:DLT), the current Median PS Value is R0.35 as of Jun. 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.50 is trading 117.4% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
Median PS Value: R0.35 (25% above median its 10-year median of 0.28)
GF Value™: R0.23 vs. price of R0.50 (117.4% above fair value)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score
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