Sea Harvest Group (JSE:SHG) Cyclically Adjusted Book per Share: R10.65 (As of Dec. 2025)


JSE:SHG Sea Harvest Group Ltd JSE:SHG
75 GF Score
Price R8.50
GF Value R7.74
Valuation Fairly Valued
! 5 Warning Signs
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What is Sea Harvest Group Cyclically Adjusted Book per Share?

Sea Harvest Group JSE:SHG +4.94% 75 Cyclically Adjusted Book per Share is R10.65 as of Dec. 2025. GuruFocus rates JSE:SHG with a GF Score™ of 75/100 and a GF Value™ of R7.74 (Fairly Valued). The stock has 5 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.

Sea Harvest Group's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was R12.476. 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 R10.65 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sea Harvest Group's average Cyclically Adjusted Book Growth Rate was 17.70% 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.

As of today (2026-07-08), Sea Harvest Group's current stock price is R 8.50. Sea Harvest Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was R10.65. Sea Harvest Group's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Sea Harvest Group was 1.17. The lowest was 0.71. And the median was 0.93.


Sea Harvest Group  (JSE:SHG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.50/10.65
=0.80

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Sea Harvest Group was 1.17. The lowest was 0.71. And the median was 0.93.


Be Aware

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


Sea Harvest Group Cyclically Adjusted Book per Share Related Terms


Sea Harvest Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sea Harvest 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.

Sea Harvest Group Cyclically Adjusted Book per Share Chart

Sea Harvest Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.66 9.05 10.65

Sea Harvest Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.66 0.00 9.05 0.00 10.65

JSE:SHG vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Sea Harvest 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.


Sea Harvest Group Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:SHG
75GF Score
Sea Harvest Group Ltd JSE:SHG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea Harvest 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, Sea Harvest Group's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=12.476/162.8800*162.8800
=12.476

Current CPI (Dec. 2025) = 162.8800.

Sea Harvest Group Annual Data

Book Value per Share CPI Adj_Book
201612 0.661 109.002 0.988
201712 5.824 113.907 8.328
201812 7.056 118.921 9.664
201912 8.284 123.717 10.906
202012 9.847 127.467 12.583
202112 11.116 135.029 13.409
202212 11.526 145.156 12.933
202312 12.181 152.718 12.992
202412 11.789 157.212 12.214
202512 12.476 162.880 12.476

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 R10.65 mean?
Sea Harvest Group (JSE:SHG) has a Cyclically Adjusted Book per Share of R10.65 as of Dec. 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 Sea Harvest Group and its competitors.
Is Sea Harvest Group's Cyclically Adjusted Book per Share too high?
Sea Harvest Group's current Cyclically Adjusted Book per Share is R10.65. Overall, Sea Harvest Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sea Harvest Group's Cyclically Adjusted Book per Share compare to ADM and BG?
Sea Harvest Group's Cyclically Adjusted Book per Share of R10.65 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Sea Harvest Group and its competitors. Sea Harvest Group's current Cyclically Adjusted Book per Share is R10.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea Harvest Group stock overvalued right now?
Based on GuruFocus' analysis, Sea Harvest Group (JSE:SHG) is currently considered Fairly Valued. The stock's GF Value™ is R7.74, compared to a current price of R8.50 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is R10.65. Sea Harvest Group's overall GF Score™ is 75/100 with 5 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 Sea Harvest Group (JSE:SHG), the current Cyclically Adjusted Book per Share is R10.65 as of Dec. 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 Sea Harvest Group (JSE:SHG) Overvalued in 2026?

Based on GuruFocus' analysis, Sea Harvest Group stock appears to be overvalued. The current stock price of R8.50 is trading 9.8% above its estimated GF Value™ of R7.74. GuruFocus considers Sea Harvest Group to be Fairly Valued.

Key valuation signals for JSE:SHG:

  • Cyclically Adjusted Book per Share: R10.65
  • GF Value™: R7.74 vs. price of R8.50 (9.8% above fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Sea Harvest Group Business Description

Address Searle Street, 1st Floor, Block C, The Boulevard Office Park, Woodstock, Cape Town, ZAF, 7925
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Sea Harvest International, Sea Harvest Aquaculture, and Cape Harvest Foods.
75GF Score

Get the complete analysis for JSE:SHG

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

R8.50
Price
R7.74
GF Value