GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vukile Property Fund Ltd (JSE:VKE) » Definitions » PS Ratio

Vukile Property Fund (JSE:VKE) PS Ratio : 4.10 (As of May. 18, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Vukile 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, Vukile Property Fund's share price is R15.50. Vukile Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was R3.78. Hence, Vukile Property Fund's PS Ratio for today is 4.10.

Warning Sign:

Vukile Property Fund Ltd stock PS Ratio (=4.11) is close to 3-year high of 4.22

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

JSE:VKE' s PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 5.27   Max: 8.35
Current: 4.1

During the past 13 years, Vukile Property Fund's highest PS Ratio was 8.35. The lowest was 1.25. And the median was 5.27.

JSE:VKE's PS Ratio is ranked better than
73.7% of 825 companies
in the REITs industry
Industry Median: 6.52 vs JSE:VKE: 4.10

Vukile Property Fund's Revenue per Sharefor the six months ended in Sep. 2023 was R1.94. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was R3.78.

During the past 12 months, the average Revenue per Share Growth Rate of Vukile Property Fund was 3.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.00% per year.

During the past 13 years, Vukile Property Fund's highest 3-Year average Revenue per Share Growth Rate was 11.80% per year. The lowest was -5.80% per year. And the median was 4.85% per year.

Back to Basics: PS Ratio


Vukile Property Fund PS Ratio Historical Data

The historical data trend for Vukile 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.

Vukile Property Fund PS Ratio Chart

Vukile Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 1.93 2.71 3.88 3.34

Vukile Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 3.88 - 3.34 -

Competitive Comparison of Vukile Property Fund's PS Ratio

For the REIT - Retail subindustry, Vukile 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.


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

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

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



Vukile 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.

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

PS Ratio=Share Price/Revenue per Share (TTM)
=15.50/3.783
=4.10

Vukile Property Fund's Share Price of today is R15.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vukile Property Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was R3.78.

* 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.


Vukile Property Fund  (JSE:VKE) 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.


Vukile Property Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Vukile Property Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vukile Property Fund (JSE:VKE) Business Description

Traded in Other Exchanges
Address
11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

Vukile Property Fund (JSE:VKE) Headlines

No Headlines