Wilson Bayly Holmes-Ovcon (JSE:WBO) Cyclically Adjusted Book per Share: R118.60 (As of Dec. 2025)


JSE:WBO Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
82 GF Score
Price R171.80
GF Value R170.69
Valuation Fairly Valued
! 2 Warning Signs
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What is Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share?

Wilson Bayly Holmes-Ovcon JSE:WBO +0.50% 82 Cyclically Adjusted Book per Share is R118.60 as of Dec. 2025. GuruFocus rates JSE:WBO with a GF Score™ of 82/100 and a GF Value™ of R170.69 (Fairly Valued). 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.

Wilson Bayly Holmes-Ovcon's adjusted book value per share data for the fiscal year that ended in Jun. 2025 was R102.552. 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 R118.60 for the trailing ten years ended in Jun. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Wilson Bayly Holmes-Ovcon was 25.00% per year. The lowest was 0.70% per year. And the median was 9.65% per year.

As of today (2026-07-08), Wilson Bayly Holmes-Ovcon's current stock price is R 171.80. Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun. 2025 was R118.60. Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wilson Bayly Holmes-Ovcon was 2.18. The lowest was 0.63. And the median was 1.27.


Wilson Bayly Holmes-Ovcon  (JSE:WBO) 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.

Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=171.80/118.60
=1.45

* 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 Wilson Bayly Holmes-Ovcon was 2.18. The lowest was 0.63. And the median was 1.27.


Be Aware

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


Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share Related Terms


Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wilson Bayly Holmes-Ovcon'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.

Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share Chart

Wilson Bayly Holmes-Ovcon Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.66 116.27 116.97 118.04 118.60

Wilson Bayly Holmes-Ovcon 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 0.00 118.04 0.00 118.60 0.00

JSE:WBO vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.


Wilson Bayly Holmes-Ovcon Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio falls into.


JSE:WBO
82GF Score
Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wilson Bayly Holmes-Ovcon 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, Wilson Bayly Holmes-Ovcon's adjusted Book Value per Share data for the fiscal year that ended in Jun. 2025 was:

Adj_Book=Book Value per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=102.552/160.9852*160.9852
=102.552

Current CPI (Jun. 2025) = 160.9852.

Wilson Bayly Holmes-Ovcon Annual Data

Book Value per Share CPI Adj_Book
201606 98.949 106.713 149.273
201706 99.697 112.054 143.232
201806 109.241 116.959 150.362
201906 110.440 122.191 145.504
202006 106.738 124.807 137.678
202106 103.930 131.113 127.609
202206 53.669 140.835 61.348
202306 73.793 148.802 79.835
202406 86.031 156.269 88.628
202506 102.552 160.985 102.552

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 R118.60 mean?
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Cyclically Adjusted Book per Share of R118.60 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 Wilson Bayly Holmes-Ovcon and its competitors.
Is Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share too high?
Wilson Bayly Holmes-Ovcon's current Cyclically Adjusted Book per Share is R118.60. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share compare to PWR and FIX?
Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share of R118.60 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Wilson Bayly Holmes-Ovcon and its competitors. Wilson Bayly Holmes-Ovcon's current Cyclically Adjusted Book per Share is R118.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Fairly Valued. The stock's GF Value™ is R170.69, compared to a current price of R171.80 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is R118.60. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 82/100 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 Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Cyclically Adjusted Book per Share is R118.60 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?

Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be overvalued. The current stock price of R171.80 is trading 0.7% above its estimated GF Value™ of R170.69. GuruFocus considers Wilson Bayly Holmes-Ovcon to be Fairly Valued.

Key valuation signals for JSE:WBO:

  • Cyclically Adjusted Book per Share: R118.60
  • GF Value™: R170.69 vs. price of R171.80 (0.7% above fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Wilson Bayly Holmes-Ovcon Business Description

Other Exchanges WQ9:Germany
Address 53 Andries Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
82GF Score

Get the complete analysis for JSE:WBO

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

R171.80
Price
R170.69
GF Value