African And Overseas Enterprises (JSE:AOO) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 05, 2026) — Near Median

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JSE:AOO African And Overseas Enterprises Ltd JSE:AOO
47 GF Score
Price R20.00
GF Value R16.06
Valuation Modestly Overvalued
! 7 Warning Signs
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What is African And Overseas Enterprises Cyclically Adjusted PB Ratio?

African And Overseas Enterprises JSE:AOO 47 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 05, 2026, which is 4% above its 10-year median of 1.02. GuruFocus rates JSE:AOO with a GF Score™ of 47/100 and a GF Value™ of R16.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 804 Retail - Cyclical companies, African And Overseas Enterprises ranks better than 54.35% on this metric.

As of today (2026-08-05), African And Overseas Enterprises's current share price is R20.00. African And Overseas Enterprises's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was R18.90. African And Overseas Enterprises's Cyclically Adjusted PB Ratio for today is 1.06.

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

JSE:AOO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.02   Max: 1.74
Current: 1.06

During the past 13 years, African And Overseas Enterprises's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.87. And the median was 1.02.

JSE:AOO's Cyclically Adjusted PB Ratio is ranked better than
54.35% of 804 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs JSE:AOO: 1.06

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 And Overseas Enterprises's adjusted book value per share data of for the fiscal year that ended in Jun25 was R19.050. 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 R18.90 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


African And Overseas Enterprises  (JSE:AOO) 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 And Overseas Enterprises Cyclically Adjusted PB Ratio Related Terms


African And Overseas Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for African And Overseas Enterprises'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 And Overseas Enterprises Cyclically Adjusted PB Ratio Chart

African And Overseas Enterprises Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.97 0.91 0.88 0.87

African And Overseas Enterprises 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 0.00 0.88 0.00 0.87 0.00

JSE:AOO vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, African And Overseas Enterprises'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 And Overseas Enterprises Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, African And Overseas Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where African And Overseas Enterprises's Cyclically Adjusted PB Ratio falls into.


JSE:AOO
47GF Score
African And Overseas Enterprises Ltd JSE:AOO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

African And Overseas Enterprises 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 And Overseas Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/18.90
=1.06

* 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 And Overseas Enterprises's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, African And Overseas Enterprises's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=19.05/160.9852*160.9852
=19.050

Current CPI (Jun25) = 160.9852.

African And Overseas Enterprises Annual Data

Book Value per Share CPI Adj_Book
201606 12.686 106.713 19.138
201706 12.555 112.054 18.037
201806 13.117 116.959 18.055
201906 14.379 122.191 18.944
202006 10.973 124.807 14.154
202106 22.646 131.113 27.806
202206 13.063 140.835 14.932
202306 18.424 148.802 19.933
202406 18.358 156.269 18.912
202506 19.050 160.985 19.050

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 1.06 mean?
African And Overseas Enterprises (JSE:AOO) has a Cyclically Adjusted PB Ratio of 1.06 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 African And Overseas Enterprises and its competitors. This is near median its historical median of 1.02. Over the past decade, African And Overseas Enterprises' Cyclically Adjusted PB Ratio has ranged from 0.87 to 1.74. According to the industry distribution chart, African And Overseas Enterprises ranks #367 out of 804 companies in the Retail - Cyclical industry, placing it in the top 45.6%.
Is African And Overseas Enterprises' Cyclically Adjusted PB Ratio too high?
African And Overseas Enterprises' current Cyclically Adjusted PB Ratio of 1.06 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.74. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. African And Overseas Enterprises' value of 1.06 is 15.2% below this industry median. Based on the distribution chart, African And Overseas Enterprises ranks #367 out of 804 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, African And Overseas Enterprises has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does African And Overseas Enterprises' Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, African And Overseas Enterprises ranks #367 out of 804 companies for Cyclically Adjusted PB Ratio. This puts African And Overseas Enterprises in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. African And Overseas Enterprises' value of 1.06 is 15.2% below this benchmark. Historically, African And Overseas Enterprises' own Cyclically Adjusted PB Ratio has ranged from 0.87 to 1.74 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.25, African And Overseas Enterprises has consistently been below 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 804 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 And Overseas Enterprises's current Cyclically Adjusted PB Ratio of 1.06 is 15.2% below 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 And Overseas Enterprises and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African And Overseas Enterprises's current Cyclically Adjusted PB Ratio is 1.06, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African And Overseas Enterprises stock overvalued right now?
Based on GuruFocus' analysis, African And Overseas Enterprises (JSE:AOO) is currently considered Modestly Overvalued. The stock's GF Value™ is R16.06, compared to a current price of R20.00 — trading 24.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is near median its 10-year median of 1.02 and 15.2% below the Retail - Cyclical industry median of 1.25. African And Overseas Enterprises' overall GF Score™ is 47/100 with 7 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 And Overseas Enterprises (JSE:AOO), the current Cyclically Adjusted PB Ratio is 1.06 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 African And Overseas Enterprises (JSE:AOO) Overvalued in 2026?

Based on GuruFocus' analysis, African And Overseas Enterprises stock appears to be overvalued. The current stock price of R20.00 is trading 24.5% above its estimated GF Value™ of R16.06. GuruFocus considers African And Overseas Enterprises to be Modestly Overvalued.

Key valuation signals for JSE:AOO:

  • Cyclically Adjusted PB Ratio: 1.06 (near median its 10-year median of 1.02)
  • GF Value™: R16.06 vs. price of R20.00 (24.5% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 15.2% below the Retail - Cyclical median (#367 of 804)

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


African And Overseas Enterprises Business Description

Address 11 Byrnes Avenue, Ground Floor - Office 2 The Queen, Wynberg, Cape Town, WC, ZAF, 7800
African And Overseas Enterprises Ltd is an investment holding company. The company operates in six segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs and Technology segment. The Retail Segment derives maximum revenue.
47GF Score

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

R20.00
Price
R16.06
GF Value