Advtech (JSE:ADH) Cyclically Adjusted PB Ratio: 5.11 (As of Aug. 05, 2026) — 39% Above Median

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JSE:ADH Advtech Ltd JSE:ADH
77 GF Score
Price R47.95
GF Value R35.83
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Advtech Cyclically Adjusted PB Ratio?

Advtech JSE:ADH +0.61% 77 Cyclically Adjusted PB Ratio is 5.11 as of Aug. 05, 2026, which is 39% above its 10-year median of 3.68. GuruFocus rates JSE:ADH with a GF Score™ of 77/100 and a GF Value™ of R35.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 161 Education companies, Advtech ranks worse than 89.44% on this metric.

As of today (2026-08-05), Advtech's current share price is R47.95. Advtech's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was R9.38. Advtech's Cyclically Adjusted PB Ratio for today is 5.11.

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

JSE:ADH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.68   Max: 7.96
Current: 4.97

During the past 13 years, Advtech's highest Cyclically Adjusted PB Ratio was 7.96. The lowest was 1.40. And the median was 3.68.

JSE:ADH's Cyclically Adjusted PB Ratio is ranked worse than
89.44% of 161 companies
in the Education industry
Industry Median: 1.16 vs JSE:ADH: 4.97

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.

Advtech's adjusted book value per share data of for the fiscal year that ended in Dec25 was R12.220. 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 R9.38 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advtech  (JSE:ADH) 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.


Advtech Cyclically Adjusted PB Ratio Related Terms


Advtech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advtech'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.

Advtech Cyclically Adjusted PB Ratio Chart

Advtech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 2.77 3.25 3.96 3.97

Advtech 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 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 3.25 0.00 3.96 0.00 3.97

JSE:ADH vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Advtech'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.


Advtech Cyclically Adjusted PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Advtech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:ADH
77GF Score
Advtech Ltd JSE:ADH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advtech 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.

Advtech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.95/9.38
=5.11

* 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.

Advtech's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Advtech's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=12.22/162.8800*162.8800
=12.220

Current CPI (Dec25) = 162.8800.

Advtech Annual Data

Book Value per Share CPI Adj_Book
201612 4.943 109.002 7.386
201712 5.139 113.907 7.348
201812 5.665 118.921 7.759
201912 6.196 123.717 8.157
202012 6.957 127.467 8.890
202112 8.061 135.029 9.724
202212 8.998 145.156 10.097
202312 9.941 152.718 10.603
202412 11.212 157.212 11.616
202512 12.220 162.880 12.220

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.

What does a Cyclically Adjusted PB Ratio of 5.11 mean?
Advtech (JSE:ADH) has a Cyclically Adjusted PB Ratio of 5.11 as of Aug. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Advtech and its competitors. This is 39% above median its historical median of 3.68. Over the past decade, Advtech's Cyclically Adjusted PB Ratio has ranged from 1.40 to 7.96. According to the industry distribution chart, Advtech ranks #144 out of 161 companies in the Education industry, placing it in the top 89.4%.
Is Advtech's Cyclically Adjusted PB Ratio too high?
Advtech's current Cyclically Adjusted PB Ratio of 5.11 is 39% above median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 7.96. The Education industry median Cyclically Adjusted PB Ratio is 1.16. Advtech's value of 5.11 is 340.5% above this industry median. Based on the distribution chart, Advtech ranks #144 out of 161 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Advtech has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advtech's Cyclically Adjusted PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Advtech ranks #144 out of 161 companies for Cyclically Adjusted PB Ratio. This places Advtech in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Advtech's value of 5.11 is 340.5% above this benchmark. Historically, Advtech's own Cyclically Adjusted PB Ratio has ranged from 1.40 to 7.96 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 1.16, Advtech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.16, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advtech's current Cyclically Adjusted PB Ratio of 5.11 is 340.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Advtech and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advtech's current Cyclically Adjusted PB Ratio is 5.11, which is 39% above median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advtech stock overvalued right now?
Based on GuruFocus' analysis, Advtech (JSE:ADH) is currently considered Significantly Overvalued. The stock's GF Value™ is R35.83, compared to a current price of R47.95 — trading 33.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.11, which is 39% above median its 10-year median of 3.68 and 340.5% above the Education industry median of 1.16. Advtech's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Advtech (JSE:ADH), the current Cyclically Adjusted PB Ratio is 5.11 as of Aug. 05, 2026. 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 Advtech (JSE:ADH) Overvalued in 2026?

Based on GuruFocus' analysis, Advtech stock appears to be overvalued. The current stock price of R47.95 is trading 33.8% above its estimated GF Value™ of R35.83. GuruFocus considers Advtech to be Significantly Overvalued.

Key valuation signals for JSE:ADH:

  • Cyclically Adjusted PB Ratio: 5.11 (39% above median its 10-year median of 3.68)
  • GF Value™: R35.83 vs. price of R47.95 (33.8% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 340.5% above the Education median (#144 of 161)

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


Advtech Business Description

Address 54 Wierda Road West, ADvTECH House, Inanda Greens Office Park, Building 7, Wierda Valley, Sandton, Johannesburg, GT, ZAF, 2196
Advtech Ltd is a South Africa-based company engaged in education and training services. The company has three primary business segments, Schools, Tertiary, and Resourcing. The Schools segment offers pre-primary, primary, and secondary educations services. The Tertiary segment provides diploma, degree, and post-graduate services. The Resourcing segment provides permanent, temporary, and contract staffing solutions. These staffing positions are in several areas such as information technology, network finance, accounting and finance, engineering, and advertising.
77GF Score

Get the complete analysis for JSE:ADH

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

R47.95
Price
R35.83
GF Value