Primeserv Group (JSE:PMV) Cyclically Adjusted Book per Share: R2.36 (As of Sep. 2025)


JSE:PMV Primeserv Group Ltd JSE:PMV
92 GF Score
Price R2.94
GF Value R2.18
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Primeserv Group Cyclically Adjusted Book per Share?

Primeserv Group JSE:PMV +6.91% 92 Cyclically Adjusted Book per Share is R2.36 as of Sep. 2025. GuruFocus rates JSE:PMV with a GF Score™ of 92/100 and a GF Value™ of R2.18 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Primeserv Group's adjusted book value per share data for the fiscal year that ended in Mar. 2025 was R2.952. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R2.36 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Primeserv Group was 13.10% per year. The lowest was 7.70% per year. And the median was 11.90% per year.

As of today (2026-07-08), Primeserv Group's current stock price is R 2.94. Primeserv Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2025 was R2.36. Primeserv Group's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Primeserv Group was 1.37. The lowest was 0.41. And the median was 0.65.


Primeserv Group  (JSE:PMV) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Primeserv Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.94/2.36
=1.25

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Primeserv Group was 1.37. The lowest was 0.41. And the median was 0.65.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Primeserv Group Cyclically Adjusted Book per Share Related Terms


Primeserv Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Primeserv Group's Cyclically Adjusted Book per Share 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.

Primeserv Group Cyclically Adjusted Book per Share Chart

Primeserv Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.69 1.93 2.16 2.36

Primeserv Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Cyclically Adjusted Book per Share 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 2.16 0.00 2.36 0.00

JSE:PMV vs KFY, RHI, TNET: Cyclically Adjusted Book per Share Comparison

For the Staffing & Employment Services subindustry, Primeserv Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Primeserv Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Primeserv Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Primeserv Group's Cyclically Adjusted PB Ratio falls into.


JSE:PMV
92GF Score
Primeserv Group Ltd JSE:PMV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primeserv Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Primeserv Group's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2025 was:

Adj_Book=Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.952/159.7275*159.7275
=2.952

Current CPI (Mar. 2025) = 159.7275.

Primeserv Group Annual Data

Book Value per Share CPI Adj_Book
201603 1.106 104.969 1.683
201703 1.270 111.400 1.821
201803 1.452 115.542 2.007
201903 1.697 120.774 2.244
202003 1.986 125.679 2.524
202103 2.040 129.628 2.514
202203 2.204 137.594 2.559
202303 2.403 147.586 2.601
202403 2.653 155.483 2.725
202503 2.952 159.728 2.952

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R2.36 mean?
Primeserv Group (JSE:PMV) has a Cyclically Adjusted Book per Share of R2.36 as of Sep. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Primeserv Group and its competitors.
Is Primeserv Group's Cyclically Adjusted Book per Share too high?
Primeserv Group's current Cyclically Adjusted Book per Share is R2.36. Overall, Primeserv Group has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primeserv Group's Cyclically Adjusted Book per Share compare to KFY and RHI?
Primeserv Group's Cyclically Adjusted Book per Share of R2.36 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Primeserv Group and its competitors. Primeserv Group's current Cyclically Adjusted Book per Share is R2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primeserv Group stock overvalued right now?
Based on GuruFocus' analysis, Primeserv Group (JSE:PMV) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.18, compared to a current price of R2.94 — trading 34.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is R2.36. Primeserv Group's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Primeserv Group (JSE:PMV), the current Cyclically Adjusted Book per Share is R2.36 as of Sep. 2025. 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 Primeserv Group (JSE:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Primeserv Group stock appears to be overvalued. The current stock price of R2.94 is trading 34.9% above its estimated GF Value™ of R2.18. GuruFocus considers Primeserv Group to be Significantly Overvalued.

Key valuation signals for JSE:PMV:

  • Cyclically Adjusted Book per Share: R2.36
  • GF Value™: R2.18 vs. price of R2.94 (34.9% above fair value)
  • GF Score™: 92/100 with 2 warning signs

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


Primeserv Group Business Description

Address 25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196
Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.
92GF Score

Get the complete analysis for JSE:PMV

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R2.94
Price
R2.18
GF Value