African Media Entertainment (JSE:AME) Cyclically Adjusted PB Ratio: 1.28 (As of Aug. 04, 2026) — 21% Above Median

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JSE:AME African Media Entertainment Ltd JSE:AME
85 GF Score
Price R55.00
GF Value R49.10
Valuation Modestly Overvalued
! 5 Warning Signs
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What is African Media Entertainment Cyclically Adjusted PB Ratio?

African Media Entertainment JSE:AME 85 Cyclically Adjusted PB Ratio is 1.28 as of Aug. 04, 2026, which is 21% above its 10-year median of 1.06. GuruFocus rates JSE:AME with a GF Score™ of 85/100 and a GF Value™ of R49.10 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 702 Media - Diversified companies, African Media Entertainment ranks worse than 59.54% on this metric.

As of today (2026-08-04), African Media Entertainment's current share price is R55.00. African Media Entertainment's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was R42.96. African Media Entertainment's Cyclically Adjusted PB Ratio for today is 1.28.

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

JSE:AME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.06   Max: 4.38
Current: 1.28

During the past 13 years, African Media Entertainment's highest Cyclically Adjusted PB Ratio was 4.38. The lowest was 0.52. And the median was 1.06.

JSE:AME's Cyclically Adjusted PB Ratio is ranked worse than
59.54% of 702 companies
in the Media - Diversified industry
Industry Median: 0.97 vs JSE:AME: 1.28

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.

African Media Entertainment's adjusted book value per share data of for the fiscal year that ended in Mar26 was R52.914. 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 R42.96 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


African Media Entertainment  (JSE:AME) 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.


African Media Entertainment Cyclically Adjusted PB Ratio Related Terms


African Media Entertainment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for African Media Entertainment'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.

African Media Entertainment Cyclically Adjusted PB Ratio Chart

African Media Entertainment Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 0.88 0.98 0.99 0.93

African Media Entertainment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.98 0.00 0.99 0.00 0.93

JSE:AME vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, African Media Entertainment'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.


African Media Entertainment Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, African Media Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:AME
85GF Score
African Media Entertainment Ltd JSE:AME
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

African Media Entertainment 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.

African Media Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.00/42.96
=1.28

* 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.

African Media Entertainment's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, African Media Entertainment's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=52.914/164.7700*164.7700
=52.914

Current CPI (Mar26) = 164.7700.

African Media Entertainment Annual Data

Book Value per Share CPI Adj_Book
201703 28.140 111.400 41.622
201803 30.278 115.542 43.178
201903 30.773 120.774 41.983
202003 30.528 125.679 40.023
202103 30.319 129.628 38.539
202203 31.941 137.594 38.250
202303 34.434 147.586 38.443
202403 42.570 155.483 45.113
202503 48.003 159.728 49.518
202603 52.914 164.770 52.914

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 1.28 mean?
African Media Entertainment (JSE:AME) has a Cyclically Adjusted PB Ratio of 1.28 as of Aug. 04, 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 African Media Entertainment and its competitors. This is 21% above median its historical median of 1.06. Over the past decade, African Media Entertainment's Cyclically Adjusted PB Ratio has ranged from 0.52 to 4.38. According to the industry distribution chart, African Media Entertainment ranks #418 out of 702 companies in the Media - Diversified industry, placing it in the top 59.5%.
Is African Media Entertainment's Cyclically Adjusted PB Ratio too high?
African Media Entertainment's current Cyclically Adjusted PB Ratio of 1.28 is 21% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 4.38. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. African Media Entertainment's value of 1.28 is 32% above this industry median. Based on the distribution chart, African Media Entertainment ranks #418 out of 702 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, African Media Entertainment has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does African Media Entertainment's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, African Media Entertainment ranks #418 out of 702 companies for Cyclically Adjusted PB Ratio. This places African Media Entertainment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. African Media Entertainment's value of 1.28 is 32% above this benchmark. Historically, African Media Entertainment's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 4.38 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.97, African Media Entertainment 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 a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 702 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. African Media Entertainment's current Cyclically Adjusted PB Ratio of 1.28 is 32% 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 African Media Entertainment and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Media Entertainment's current Cyclically Adjusted PB Ratio is 1.28, which is 21% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Media Entertainment stock overvalued right now?
Based on GuruFocus' analysis, African Media Entertainment (JSE:AME) is currently considered Modestly Overvalued. The stock's GF Value™ is R49.10, compared to a current price of R55.00 — trading 12% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is 21% above median its 10-year median of 1.06 and 32% above the Media - Diversified industry median of 0.97. African Media Entertainment's overall GF Score™ is 85/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For African Media Entertainment (JSE:AME), the current Cyclically Adjusted PB Ratio is 1.28 as of Aug. 04, 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 African Media Entertainment (JSE:AME) Overvalued in 2026?

Based on GuruFocus' analysis, African Media Entertainment stock appears to be overvalued. The current stock price of R55.00 is trading 12% above its estimated GF Value™ of R49.10. GuruFocus considers African Media Entertainment to be Modestly Overvalued.

Key valuation signals for JSE:AME:

  • Cyclically Adjusted PB Ratio: 1.28 (21% above median its 10-year median of 1.06)
  • GF Value™: R49.10 vs. price of R55.00 (12% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 32% above the Media - Diversified median (#418 of 702)

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


African Media Entertainment Business Description

Address No. 5, 8th Street, Block A, AME Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198
African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.
85GF Score

Get the complete analysis for JSE:AME

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

R55.00
Price
R49.10
GF Value