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 Primary Health Properties's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of Primary Health Properties was 0.93. The lowest was 0.93. And the median was 0.93.
JSE:PHP's Price-to-Median-PS-Value is not ranked *
in the REITs industry.
Industry Median: 0.88 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Primary Health Properties (JSE:PHP) 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.
Primary Health Properties's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
20.82
/
0.00
=
* 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.
Primary Health Properties Median PS Value Related Terms
Primary Health Properties Median PS Value Historical Data
* 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:PHP vs WELL, VTR, DOC: Median PS Value Comparison
For the REIT - Healthcare Facilities subindustry, Primary Health Properties'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.
Primary Health Properties Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Primary Health Properties's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Primary Health Properties's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Primary Health Properties's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R2.778.
* 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.
Primary Health Properties (JSE:PHP) has a Median PS Value of R0.00 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 Primary Health Properties and its competitors. Over the past decade, Primary Health Properties' Median PS Value has ranged from 0.93 to 0.93. According to the industry distribution chart, Primary Health Properties ranks #999999 out of 411 companies in the REITs industry.
Is Primary Health Properties' Median PS Value too high?
Primary Health Properties' current Median PS Value is R0.00. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 0.93. Based on the distribution chart, Primary Health Properties ranks #999999 out of 411 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Primary Health Properties has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Primary Health Properties' Median PS Value compare to WELL and VTR?
According to the REITs industry distribution chart, Primary Health Properties ranks #999999 out of 411 companies for Median PS Value. This places Primary Health Properties in the lower half of its industry. The industry median Median PS Value is 0.88. Historically, Primary Health Properties' own Median PS Value has ranged from 0.93 to 0.93 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 Primary Health Properties 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. Primary Health Properties's current Median PS Value is R0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Health Properties stock overvalued right now?
Based on GuruFocus' analysis, Primary Health Properties (JSE:PHP) is currently considered Possible Value Trap. The stock's GF Value™ is R54.66, compared to a current price of R20.82 — trading 61.9% below its estimated fair value. The current Median PS Value is R0.00. Primary Health Properties' overall GF Score™ is 37/100 with 5 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 Primary Health Properties (JSE:PHP), the current Median PS Value is R0.00 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 Primary Health Properties (JSE:PHP) Overvalued in 2026?
Based on GuruFocus' analysis, Primary Health Properties stock appears to be undervalued.
The current stock price of R20.82 is trading 61.9% below its estimated GF Value™ of R54.66.
GuruFocus considers Primary Health Properties to be Possible Value Trap.
Key valuation signals for JSE:PHP:
Median PS Value: R0.00
GF Value™: R54.66 vs. price of R20.82 (61.9% below fair value)
No single metric tells the full story. See the JSE:PHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primary Health Properties PLC is a UK-based real estate investment trust. The company is engaged in making investments in integrated healthcare properties. Its services include Acquisition and development, Property management, Landlord and tenant, Asset management, and Finance. It seeks the generation of rental income and capital growth through investment in primary healthcare property in the United Kingdom and Ireland. It receives rental income on property investments.
37GF Score
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