Property For IndustryNZSE:PFI -0.83%79 Median PS Value is NZ$2.70 as of Jul. 01, 2026, which is 100% below its 10-year median of 1.17. GuruFocus rates NZSE:PFI with a GF Score™ of 79/100 and a GF Value™ of NZ$2.33 (Fairly Valued). The stock has 8 warning signs investors should review. Among 411 REITs companies, Property For Industry ranks worse than 55.72% 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 Property For Industry's Median PS Value or its related term are showing as below:
NZSE:PFI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.83 Med: 1.17 Max: 1.49
Current: 0.89
During the past 13 years, the highest Price to Median PS Value of Property For Industry was 1.49. The lowest was 0.83. And the median was 1.17.
NZSE:PFI's Price-to-Median-PS-Value is ranked worse than 55.72% of 411
companies
in the REITs industry
Industry Median: 0.87
vs NZSE:PFI: 0.89
Property For Industry (NZSE:PFI) 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.
Property For Industry's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.40
/
2.70
=
0.89
* 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.
Property For Industry Median PS Value Related Terms
Property For Industry Median PS Value Historical Data
* Premium members only.
The historical data trend for Property For Industry'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.
NZSE:PFI vs PLD, PSA, EXR: Median PS Value Comparison
For the REIT - Industrial subindustry, Property For Industry'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.
Property For Industry Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Property For Industry's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 9.7122.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Property For Industry's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.278.
* 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.
Property For Industry (NZSE:PFI) has a Median PS Value of NZ$2.70 as of Jul. 01, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Property For Industry and its competitors. This is 131% above median its historical median of 1.17. Over the past decade, Property For Industry's Median PS Value has ranged from 0.83 to 1.49. According to the industry distribution chart, Property For Industry ranks #229 out of 411 companies in the REITs industry, placing it in the top 55.7%.
Is Property For Industry's Median PS Value too high?
Property For Industry's current Median PS Value of NZ$2.70 is 131% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.49. Based on the distribution chart, Property For Industry ranks #229 out of 411 companies in the REITs industry, which is below the industry midpoint. Overall, Property For Industry has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Median PS Value compare to PLD and PSA?
According to the REITs industry distribution chart, Property For Industry ranks #229 out of 411 companies for Median PS Value. This places Property For Industry in the lower half of its industry. The industry median Median PS Value is 0.87. Historically, Property For Industry's own Median PS Value has ranged from 0.83 to 1.49 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 0.87, 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 Property For Industry and its competitors. For the REITs industry, the median Median PS Value is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Property For Industry's current Median PS Value is NZ$2.70, which is 131% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Based on GuruFocus' analysis, Property For Industry (NZSE:PFI) is currently considered Fairly Valued. The stock's GF Value™ is NZ$2.33, compared to a current price of NZ$2.40 — trading 3% above its estimated fair value. The current Median PS Value is NZ$2.70, which is 131% above median its 10-year median of 1.17. Property For Industry's overall GF Score™ is 79/100 with 8 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 Property For Industry (NZSE:PFI), the current Median PS Value is NZ$2.70 as of Jul. 01, 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 Property For Industry (NZSE:PFI) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued.
The current stock price of NZ$2.40 is trading 3% above its estimated GF Value™ of NZ$2.33.
GuruFocus considers Property For Industry to be Fairly Valued.
Key valuation signals for NZSE:PFI:
Median PS Value: NZ$2.70 (131% above median its 10-year median of 1.17)
GF Value™: NZ$2.33 vs. price of NZ$2.40 (3% above fair value)
No single metric tells the full story. See the NZSE:PFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
79GF Score
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Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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