GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Industria REIT (ASX:DXI) » Definitions » PS Ratio

Dexus Industria REIT (ASX:DXI) PS Ratio : 12.41 (As of May. 17, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Dexus Industria REIT 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, Dexus Industria REIT's share price is A$2.99. Dexus Industria REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.24. Hence, Dexus Industria REIT's PS Ratio for today is 12.41.

Warning Sign:

Dexus Industria REIT stock PS Ratio (=11.75) is close to 10-year high of 12.57

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

ASX:DXI' s PS Ratio Range Over the Past 10 Years
Min: 5.73   Med: 8.42   Max: 12.62
Current: 12.41

During the past 10 years, Dexus Industria REIT's highest PS Ratio was 12.62. The lowest was 5.73. And the median was 8.42.

ASX:DXI's PS Ratio is ranked worse than
85.45% of 825 companies
in the REITs industry
Industry Median: 6.53 vs ASX:DXI: 12.41

Dexus Industria REIT's Revenue per Sharefor the six months ended in Dec. 2023 was A$0.12. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.24.

Warning Sign:

Dexus Industria REIT revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Dexus Industria REIT was -0.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -7.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -5.10% per year.

During the past 10 years, Dexus Industria REIT's highest 3-Year average Revenue per Share Growth Rate was 3.00% per year. The lowest was -8.00% per year. And the median was 0.90% per year.

Back to Basics: PS Ratio


Dexus Industria REIT PS Ratio Historical Data

The historical data trend for Dexus Industria REIT'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.

Dexus Industria REIT PS Ratio Chart

Dexus Industria REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 7.25 10.21 10.51 10.28

Dexus Industria REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 10.51 - 10.28 -

Competitive Comparison of Dexus Industria REIT's PS Ratio

For the REIT - Industrial subindustry, Dexus Industria REIT'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.


Dexus Industria REIT's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dexus Industria REIT's PS Ratio distribution charts can be found below:

* The bar in red indicates where Dexus Industria REIT's PS Ratio falls into.



Dexus Industria REIT 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.

Dexus Industria REIT's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.99/0.241
=12.41

Dexus Industria REIT's Share Price of today is A$2.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dexus Industria REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.24.

* 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.


Dexus Industria REIT  (ASX:DXI) 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.


Dexus Industria REIT PS Ratio Related Terms

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


Dexus Industria REIT (ASX:DXI) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000
Dexus Industria REIT is a real estate investment trust which owns interests in a workspace-focused portfolio of established, industrial, and business park assets located across Sydney, Melbourne, Brisbane, and Adelaide. The company's objective is to provide investors with stable cash returns and the potential for income and capital growth by investing in workspace-focused real estate. It derives all income from investments in properties, which are located in Australia.

Dexus Industria REIT (ASX:DXI) Headlines

No Headlines