RAM Essential Services Property Fund (ASX:REP) PS Ratio: 2.93 (As of Aug. 04, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:REP RAM Essential Services Property Fund ASX:REP
24 GF Score
Price A$0.43
GF Value A$0.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is RAM Essential Services Property Fund PS Ratio?

RAM Essential Services Property Fund ASX:REP 24 PS Ratio is 2.93 as of Aug. 04, 2026, which is 9% below its 10-year median of 3.22. GuruFocus rates ASX:REP with a GF Score™ of 24/100 and a GF Value™ of A$0.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,414 Asset Management companies, RAM Essential Services Property Fund ranks better than 78.85% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, RAM Essential Services Property Fund's share price is A$0.43. RAM Essential Services Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.15. Hence, RAM Essential Services Property Fund's PS Ratio for today is 2.93.

Good Sign:

RAM Essential Services Property Fund stock PS Ratio (=1.59) is close to 5-year low of 1.48.

The historical rank and industry rank for RAM Essential Services Property Fund's PS Ratio or its related term are showing as below:

ASX:REP' s PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 3.22   Max: 6.07
Current: 2.93

During the past 4 years, RAM Essential Services Property Fund's highest PS Ratio was 6.07. The lowest was 1.48. And the median was 3.22.

ASX:REP's PS Ratio is ranked better than
78.85% of 1414 companies
in the Asset Management industry
Industry Median: 7.24 vs ASX:REP: 2.93

RAM Essential Services Property Fund's Revenue per Sharefor the six months ended in Dec. 2025 was A$0.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.15.

During the past 12 months, the average Revenue per Share Growth Rate of RAM Essential Services Property Fund was 5.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 25.50% per year.

During the past 4 years, RAM Essential Services Property Fund's highest 3-Year average Revenue per Share Growth Rate was 25.50% per year. The lowest was 25.50% per year. And the median was 25.50% per year.

Back to Basics: PS Ratio


RAM Essential Services Property Fund  (ASX:REP) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


RAM Essential Services Property Fund PS Ratio Related Terms


RAM Essential Services Property Fund PS Ratio Historical Data

* Premium members only.

The historical data trend for RAM Essential Services Property Fund's 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.

RAM Essential Services Property Fund PS Ratio Chart

RAM Essential Services Property Fund Annual Data
Trend Jun22 Jun23 Jun24 Jun25
PS Ratio
5.61 3.58 2.87 2.08

RAM Essential Services Property Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PS Ratio Get a 7-Day Free Trial Premium Member Only 0.00 2.87 0.00 2.08 0.00

ASX:REP vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, RAM Essential Services Property Fund's PS Ratio, along with its competitors' market caps and 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.


RAM Essential Services Property Fund PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's PS Ratio falls into.


ASX:REP
24GF Score
RAM Essential Services Property Fund ASX:REP
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RAM Essential Services Property Fund PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

RAM Essential Services Property Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.43/0.147
=2.93

RAM Essential Services Property Fund's Share Price of today is A$0.43.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RAM Essential Services Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.15.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.93 mean?
RAM Essential Services Property Fund (ASX:REP) has a PS Ratio of 2.93 as of Aug. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on RAM Essential Services Property Fund and its competitors. This is near median its historical median of 3.22. Over the past decade, RAM Essential Services Property Fund's PS Ratio has ranged from 1.48 to 6.07. According to the industry distribution chart, RAM Essential Services Property Fund ranks #299 out of 1414 companies in the Asset Management industry, placing it in the top 21.1%.
Is RAM Essential Services Property Fund's PS Ratio too high?
RAM Essential Services Property Fund's current PS Ratio of 2.93 is near median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 6.07. The Asset Management industry median PS Ratio is 7.24. RAM Essential Services Property Fund's value of 2.93 is 59.5% below this industry median. Based on the distribution chart, RAM Essential Services Property Fund ranks #299 out of 1414 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, RAM Essential Services Property Fund has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RAM Essential Services Property Fund's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, RAM Essential Services Property Fund ranks #299 out of 1414 companies for PS Ratio. This places RAM Essential Services Property Fund in the top 21% of its industry — outperforming the majority of peers. The industry median PS Ratio is 7.24. RAM Essential Services Property Fund's value of 2.93 is 59.5% below this benchmark. Historically, RAM Essential Services Property Fund's own PS Ratio has ranged from 1.48 to 6.07 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 7.24, RAM Essential Services Property Fund has consistently been below 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 PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.24, based on 1,414 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RAM Essential Services Property Fund's current PS Ratio of 2.93 is 59.5% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on RAM Essential Services Property Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAM Essential Services Property Fund's current PS Ratio is 2.93, which is near median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAM Essential Services Property Fund stock overvalued right now?
Based on GuruFocus' analysis, RAM Essential Services Property Fund (ASX:REP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.32, compared to a current price of A$0.43 — trading 34.4% above its estimated fair value. The current PS Ratio is 2.93, which is near median its 10-year median of 3.22 and 59.5% below the Asset Management industry median of 7.24. RAM Essential Services Property Fund's overall GF Score™ is 24/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For RAM Essential Services Property Fund (ASX:REP), the current PS Ratio is 2.93 as of Aug. 04, 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 RAM Essential Services Property Fund (ASX:REP) Overvalued in 2026?

Based on GuruFocus' analysis, RAM Essential Services Property Fund stock appears to be overvalued. The current stock price of A$0.43 is trading 34.4% above its estimated GF Value™ of A$0.32. GuruFocus considers RAM Essential Services Property Fund to be Significantly Overvalued.

Key valuation signals for ASX:REP:

  • PS Ratio: 2.93 (near median its 10-year median of 3.22)
  • GF Value™: A$0.32 vs. price of A$0.43 (34.4% above fair value)
  • GF Score™: 24/100 with 9 warning signs
  • Industry Position: 59.5% below the Asset Management median (#299 of 1414)

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


RAM Essential Services Property Fund Business Description

Address Chifley Square, Suite 15.01, Level 15, Chifley Tower 2, Sydney, NSW, AUS, 2000
RAM Essential Services Property Fund is an Australian alternative asset manager, providing investment solutions in Credit, Real Estate, and Private Equity markets, for institutions and wealthy families across the globe. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favorable sector trends.
24GF Score

Get the complete analysis for ASX:REP

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

A$0.43
Price
A$0.32
GF Value