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PSG Financial Services Limited (FRA:EU4) Cyclically Adjusted PB Ratio : 6.38 (As of May. 22, 2025)


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What is PSG Financial Services Limited Cyclically Adjusted PB Ratio?

As of today (2025-05-22), PSG Financial Services Limited's current share price is €1.02. PSG Financial Services Limited's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb25 was €0.16. PSG Financial Services Limited's Cyclically Adjusted PB Ratio for today is 6.38.

The historical rank and industry rank for PSG Financial Services Limited's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:EU4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.15   Med: 6.67   Max: 13.37
Current: 6.43

During the past 13 years, PSG Financial Services Limited's highest Cyclically Adjusted PB Ratio was 13.37. The lowest was 3.15. And the median was 6.67.

FRA:EU4's Cyclically Adjusted PB Ratio is ranked worse than
95.5% of 934 companies
in the Asset Management industry
Industry Median: 0.8 vs FRA:EU4: 6.43

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.

PSG Financial Services Limited's adjusted book value per share data of for the fiscal year that ended in Feb25 was €0.206. 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 €0.16 for the trailing ten years ended in Feb25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSG Financial Services Limited Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PSG Financial Services Limited's Cyclically Adjusted PB 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.

PSG Financial Services Limited Cyclically Adjusted PB Ratio Chart

PSG Financial Services Limited Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 6.44 5.20 5.33 5.80

PSG Financial Services Limited Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
Cyclically Adjusted PB 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 5.20 - 5.33 - 5.80

Competitive Comparison of PSG Financial Services Limited's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, PSG Financial Services Limited'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.


PSG Financial Services Limited's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PSG Financial Services Limited's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PSG Financial Services Limited's Cyclically Adjusted PB Ratio falls into.


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PSG Financial Services Limited Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PSG Financial Services Limited's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.02/0.16
=6.38

* 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.

PSG Financial Services Limited's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb25 is calculated as:

For example, PSG Financial Services Limited's adjusted Book Value per Share data for the fiscal year that ended in Feb25 was:

Adj_Book=Book Value per Share/CPI of Feb25 (Change)*Current CPI (Feb25)
=0.206/157.6837*157.6837
=0.206

Current CPI (Feb25) = 157.6837.

PSG Financial Services Limited Annual Data

Book Value per Share CPI Adj_Book
201602 0.076 104.097 0.115
201702 0.117 110.855 0.166
201802 0.130 115.106 0.178
201902 0.143 119.793 0.188
202002 0.151 125.243 0.190
202102 0.152 128.817 0.186
202202 0.181 136.109 0.210
202302 0.173 146.101 0.187
202402 0.177 154.203 0.181
202502 0.206 157.684 0.206

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


PSG Financial Services Limited  (FRA:EU4) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PSG Financial Services Limited Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PSG Financial Services Limited's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PSG Financial Services Limited Business Description

Traded in Other Exchanges
Address
3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, WC, ZAF, 7530
PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.

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