MAS (JSE:MSP) PS Ratio: 6.71 (As of Jul. 14, 2026) — 55% Below Median

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JSE:MSP MAS PLC JSE:MSP
73 GF Score
Price R22.31
GF Value R20.09
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is MAS PS Ratio?

MAS JSE:MSP +1.87% 73 PS Ratio is 6.71 as of Jul. 14, 2026, which is 55% below its 10-year median of 14.92. GuruFocus rates JSE:MSP with a GF Score™ of 73/100 and a GF Value™ of R20.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,742 Real Estate companies, MAS ranks worse than 78.53% 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, MAS's share price is R22.31. MAS's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R3.32. Hence, MAS's PS Ratio for today is 6.71.

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

JSE:MSP' s PS Ratio Range Over the Past 10 Years
Min: 4.83   Med: 14.92   Max: 29.1
Current: 6.71

During the past 13 years, MAS's highest PS Ratio was 29.10. The lowest was 4.83. And the median was 14.92.

JSE:MSP's PS Ratio is ranked worse than
78.53% of 1742 companies
in the Real Estate industry
Industry Median: 2.415 vs JSE:MSP: 6.71

MAS's Revenue per Sharefor the six months ended in Dec. 2025 was R1.71. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R3.32.

Warning Sign:

MAS PLC revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of MAS was 10.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 42.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 28.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 16.30% per year.

During the past 13 years, MAS's highest 3-Year average Revenue per Share Growth Rate was 42.50% per year. The lowest was -14.60% per year. And the median was 8.00% per year.

Back to Basics: PS Ratio


MAS  (JSE:MSP) 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.


MAS PS Ratio Related Terms


MAS PS Ratio Historical Data

* Premium members only.

The historical data trend for MAS'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.

MAS PS Ratio Chart

MAS Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.91 17.60 8.27 5.62 7.43

MAS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 5.62 0.00 7.43 0.00

MAS PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, MAS'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.


MAS PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MAS's PS Ratio distribution charts can be found below:

* The bar in red indicates where MAS's PS Ratio falls into.


JSE:MSP
73GF Score
MAS PLC JSE:MSP
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAS 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.

MAS's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=22.31/3.324
=6.71

MAS's Share Price of today is R22.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MAS's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R3.32.

* 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 6.71 mean?
MAS (JSE:MSP) has a PS Ratio of 6.71 as of Jul. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on MAS and its competitors. This is 55% below median its historical median of 14.92. Over the past decade, MAS's PS Ratio has ranged from 4.83 to 29.10. According to the industry distribution chart, MAS ranks #1368 out of 1742 companies in the Real Estate industry, placing it in the top 78.5%.
Is MAS's PS Ratio too high?
MAS's current PS Ratio of 6.71 is 55% below median its 10-year median of 14.92. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 29.10. The Real Estate industry median PS Ratio is 2.42. MAS's value of 6.71 is 177.8% above this industry median. Based on the distribution chart, MAS ranks #1368 out of 1742 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, MAS has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAS's PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, MAS ranks #1368 out of 1742 companies for PS Ratio. This places MAS in the lower half of its industry. The industry median PS Ratio is 2.42. MAS's value of 6.71 is 177.8% above this benchmark. Historically, MAS's own PS Ratio has ranged from 4.83 to 29.10 over the past decade. While the company's 10-year median is 14.92 vs. the industry median of 2.42, MAS has consistently been above 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 a Real Estate company?
The median PS Ratio among Real Estate companies is 2.42, based on 1,742 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. MAS's current PS Ratio of 6.71 is 177.8% above 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 MAS and its competitors. For the Real Estate industry, the median PS Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAS's current PS Ratio is 6.71, which is 55% below median its own 10-year median of 14.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAS stock overvalued right now?
Based on GuruFocus' analysis, MAS (JSE:MSP) is currently considered Modestly Overvalued. The stock's GF Value™ is R20.09, compared to a current price of R22.31 — trading 11.1% above its estimated fair value. The current PS Ratio is 6.71, which is 55% below median its 10-year median of 14.92 and 177.8% above the Real Estate industry median of 2.42. MAS's overall GF Score™ is 73/100 with 6 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 MAS (JSE:MSP), the current PS Ratio is 6.71 as of Jul. 14, 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 MAS (JSE:MSP) Overvalued in 2026?

Based on GuruFocus' analysis, MAS stock appears to be overvalued. The current stock price of R22.31 is trading 11.1% above its estimated GF Value™ of R20.09. GuruFocus considers MAS to be Modestly Overvalued.

Key valuation signals for JSE:MSP:

  • PS Ratio: 6.71 (55% below median its 10-year median of 14.92)
  • GF Value™: R20.09 vs. price of R22.31 (11.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 177.8% above the Real Estate median (#1368 of 1742)

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


MAS Business Description

Address Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, XBX1129
MAS PLC is a property investor. It owns income generating properties in Romania, Bulgaria, and Poland. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The company's reportable segments are CEE direct assets (CEE), CEE development joint venture (DJV), WE direct assets (WE), and Corporate. Its key revenue is derived from the CEE direct assets (CEE) segment which includes income properties located in CEE fully owned and managed by the company. Geographically, the company derives maximum revenue from Romania, and the rest from Bulgaria, Poland, and Germany.
73GF Score

Get the complete analysis for JSE:MSP

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

R22.31
Price
R20.09
GF Value