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Equites Property FundJSE:EQU +0.57%77 Median PS Value is R32.42 as of Aug. 11, 2026, which is 100% below its 10-year median of 0.46. GuruFocus rates JSE:EQU with a GF Score™ of 77/100 and a GF Value™ of R13.45 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 403 REITs companies, Equites Property Fund ranks better than 85.36% 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.
Equites Property Fund (JSE:EQU) 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.
Equites Property Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
17.79
/
32.42
=
0.55
* 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.
Equites Property Fund Median PS Value Related Terms
Equites Property Fund Median PS Value Historical Data
* Premium members only.
The historical data trend for Equites 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:EQU vs PLD, PSA, EXR: Median PS Value Comparison
For the REIT - Industrial subindustry, Equites 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.
Equites Property Fund Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Equites Property Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Equites Property Fund's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 8.6847.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was R3.733.
* 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.
Equites Property Fund (JSE:EQU) has a Median PS Value of R32.42 as of Aug. 11, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Equites Property Fund and its competitors. This is 6948% above median its historical median of 0.46. Over the past decade, Equites Property Fund's Median PS Value has ranged from 0.33 to 0.59. According to the industry distribution chart, Equites Property Fund ranks #59 out of 403 companies in the REITs industry, placing it in the top 14.6%.
Is Equites Property Fund's Median PS Value too high?
Equites Property Fund's current Median PS Value of R32.42 is 6948% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.59. Based on the distribution chart, Equites Property Fund ranks #59 out of 403 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Equites Property Fund has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Median PS Value compare to PLD and PSA?
According to the REITs industry distribution chart, Equites Property Fund ranks #59 out of 403 companies for Median PS Value. This places Equites Property Fund in the top 15% of its industry — outperforming the majority of peers. The industry median Median PS Value is 0.86. Historically, Equites Property Fund's own Median PS Value has ranged from 0.33 to 0.59 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 0.86, based on 403 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 Equites Property Fund and its competitors. For the REITs industry, the median Median PS Value is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equites Property Fund's current Median PS Value is R32.42, which is 6948% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R13.45, compared to a current price of R17.79 — trading 32.3% above its estimated fair value. The current Median PS Value is R32.42, which is 6948% above median its 10-year median of 0.46. Equites Property Fund's overall GF Score™ is 77/100 with 12 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 Equites Property Fund (JSE:EQU), the current Median PS Value is R32.42 as of Aug. 11, 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?
Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued.
The current stock price of R17.79 is trading 32.3% above its estimated GF Value™ of R13.45.
GuruFocus considers Equites Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:EQU:
Median PS Value: R32.42 (6948% above median its 10-year median of 0.46)
GF Value™: R13.45 vs. price of R17.79 (32.3% above fair value)
No single metric tells the full story. See the JSE:EQU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
77GF Score
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