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Equites Property Fund (JSE:EQU) PS Ratio : 3.45 (As of Mar. 16, 2025)


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What is Equites Property Fund PS Ratio?

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, Equites Property Fund's share price is R14.07. Equites Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was R4.08. Hence, Equites Property Fund's PS Ratio for today is 3.45.

Warning Sign:

Equites Property Fund Ltd stock PS Ratio (=4.47) is close to 1-year high of 4.76

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

JSE:EQU' s PS Ratio Range Over the Past 10 Years
Min: 2.7   Med: 8.88   Max: 14.42
Current: 3.45

During the past 10 years, Equites Property Fund's highest PS Ratio was 14.42. The lowest was 2.70. And the median was 8.88.

JSE:EQU's PS Ratio is ranked better than
79.09% of 904 companies
in the REITs industry
Industry Median: 6.41 vs JSE:EQU: 3.45

Equites Property Fund's Revenue per Sharefor the six months ended in Aug. 2024 was R2.50. Its Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was R4.08.

Warning Sign:

Equites Property Fund Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Equites Property Fund was -5.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 18.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 17.60% per year.

During the past 10 years, Equites Property Fund's highest 3-Year average Revenue per Share Growth Rate was 30.00% per year. The lowest was -5.40% per year. And the median was 8.60% per year.

Back to Basics: PS Ratio


Equites Property Fund PS Ratio Historical Data

The historical data trend for Equites 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.

* Premium members only.

Equites Property Fund PS Ratio Chart

Equites Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.24 9.63 8.65 3.77 4.16

Equites Property Fund Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.77 - 4.16 -

Competitive Comparison of Equites Property Fund's PS Ratio

For the REIT - Industrial subindustry, Equites 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.


Equites Property Fund's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's PS Ratio distribution charts can be found below:

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



Equites 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.

Equites Property Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=14.07/4.082
=3.45

Equites Property Fund's Share Price of today is R14.07.
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 Aug. 2024 was R4.08.

* 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.


Equites Property Fund  (JSE:EQU) 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.


Equites Property Fund PS Ratio Related Terms

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Equites Property Fund Business Description

Traded in Other Exchanges
N/A
Address
4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The Company operates across four segments which includes SA industrial (sixty one properties in logistics nodes across South Africa), UK industrial (six properties and development sites in the UK), UK developer (focuses on land disposal and turnkey developments, profits excluded from distributable income), and Other (properties held-for-sale). It generates majority of the revenue from SA industrial segment.

Equites Property Fund Headlines

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