Barloworld (JSE:BAW) Cyclically Adjusted PB Ratio: 0.97 (As of Jul. 27, 2026)

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JSE:BAW Barloworld Ltd JSE:BAW
66 GF Score
Price R118.30
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What is Barloworld Cyclically Adjusted PB Ratio?

Barloworld JSE:BAW 66 Cyclically Adjusted PB Ratio is 0.97 as of Jul. 27, 2026. GuruFocus rates JSE:BAW with a GF Score™ of 66/100.

As of today (2026-07-27), Barloworld's current share price is R118.30. Barloworld's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 was R121.98. Barloworld's Cyclically Adjusted PB Ratio for today is 0.97.

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

JSE:BAW's Cyclically Adjusted PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 2.11
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Barloworld's adjusted book value per share data of for the fiscal year that ended in Sep24 was R87.491. 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 R121.98 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barloworld  (JSE:BAW) 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.


Barloworld Cyclically Adjusted PB Ratio Related Terms


Barloworld Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Barloworld'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.

Barloworld Cyclically Adjusted PB Ratio Chart

Barloworld Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.96 0.66 0.72 0.71

Barloworld Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 0.72 0.00 0.71 0.00

JSE:BAW vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Barloworld'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.


Barloworld Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Barloworld's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:BAW
66GF Score
Barloworld Ltd JSE:BAW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Barloworld 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=118.30/121.98
=0.97

* 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.

Barloworld's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 is calculated as:

For example, Barloworld's adjusted Book Value per Share data for the fiscal year that ended in Sep24 was:

Adj_Book=Book Value per Share/CPI of Sep24 (Change)*Current CPI (Sep24)
=87.491/157.2121*157.2121
=87.491

Current CPI (Sep24) = 157.2121.

Barloworld Annual Data

Book Value per Share CPI Adj_Book
201509 85.675 101.154 133.155
201609 89.774 107.694 131.053
201709 96.265 112.926 134.017
201809 105.304 118.376 139.852
201909 111.061 123.281 141.629
202009 97.840 126.878 121.232
202109 108.042 133.273 127.449
202209 101.874 143.671 111.476
202309 89.111 151.502 92.469
202409 87.491 157.212 87.491

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 0.97 mean?
Barloworld (JSE:BAW) has a Cyclically Adjusted PB Ratio of 0.97 as of Jul. 27, 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 Barloworld and its competitors.
Is Barloworld's Cyclically Adjusted PB Ratio too high?
Barloworld's current Cyclically Adjusted PB Ratio is 0.97. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. Barloworld's value of 0.97 is 54% below this industry median. Overall, Barloworld has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Barloworld's Cyclically Adjusted PB Ratio compare to GEV and ETN?
Barloworld's Cyclically Adjusted PB Ratio of 0.97 can be compared against companies in the Industrial Products industry. The industry median Cyclically Adjusted PB Ratio is 2.11. Barloworld's value of 0.97 is 54% below this benchmark. 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.11, based on 2,278 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. Barloworld's current Cyclically Adjusted PB Ratio of 0.97 is 54% 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 Barloworld and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barloworld's current Cyclically Adjusted PB Ratio is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barloworld stock overvalued right now?
Barloworld (JSE:BAW) has a current Cyclically Adjusted PB Ratio of 0.97. The current Cyclically Adjusted PB Ratio is 0.97 and 54% below the Industrial Products industry median of 2.11. Barloworld's overall GF Score™ is 66/100. 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 Barloworld (JSE:BAW), the current Cyclically Adjusted PB Ratio is 0.97 as of Jul. 27, 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.

Barloworld Business Description

Address 61 Katherine Street, Sandton, Johannesburg, GT, ZAF, 2196
Barloworld Ltd is an industrial processing, distribution, and services company with two primary areas of focus: Industrial Equipment and Services and Consumer Industries (food and ingredient solutions). Industrial Equipment and related services offer earthmoving equipment, industrial services, and power systems. The Consumer Industries business provides large enterprises with the ingredients essential to the manufacturing of various products including food and beverages, paper, pharmaceuticals, building materials, and adhesives, among others. The company's business segment includes Equipments, which derives maximum revenue, Ingrain, and Others. Geographically, it derives its maximum revenue from South Africa and the rest from Australia, Russia, and Mongolia.
66GF 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.

R118.30
Price