Bowler Metcalf (JSE:BCF) Cyclically Adjusted PB Ratio: 1.08 (As of Jul. 24, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:BCF Bowler Metcalf Ltd JSE:BCF
84 GF Score
Price R13.02
GF Value R14.89
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bowler Metcalf Cyclically Adjusted PB Ratio?

Bowler Metcalf JSE:BCF 84 Cyclically Adjusted PB Ratio is 1.08 as of Jul. 24, 2026, which is 5% above its 10-year median of 1.03. GuruFocus rates JSE:BCF with a GF Score™ of 84/100 and a GF Value™ of R14.89 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 317 Packaging & Containers companies, Bowler Metcalf ranks better than 50.79% on this metric.

As of today (2026-07-24), Bowler Metcalf's current share price is R13.02. Bowler Metcalf's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was R12.09. Bowler Metcalf's Cyclically Adjusted PB Ratio for today is 1.08.

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

JSE:BCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.03   Max: 1.68
Current: 1.16

During the past 13 years, Bowler Metcalf's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.73. And the median was 1.03.

JSE:BCF's Cyclically Adjusted PB Ratio is ranked better than
50.79% of 317 companies
in the Packaging & Containers industry
Industry Median: 1.17 vs JSE:BCF: 1.16

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.

Bowler Metcalf's adjusted book value per share data of for the fiscal year that ended in Jun25 was R12.807. 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 R12.09 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bowler Metcalf  (JSE:BCF) 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.


Bowler Metcalf Cyclically Adjusted PB Ratio Related Terms


Bowler Metcalf Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bowler Metcalf'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.

Bowler Metcalf Cyclically Adjusted PB Ratio Chart

Bowler Metcalf 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 1.00 0.95 0.91 0.94 1.06

Bowler Metcalf 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 0.94 0.00 1.06 0.00

JSE:BCF vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Bowler Metcalf'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.


Bowler Metcalf Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bowler Metcalf's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:BCF
84GF Score
Bowler Metcalf Ltd JSE:BCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bowler Metcalf 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.

Bowler Metcalf's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.02/12.09
=1.08

* 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.

Bowler Metcalf's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Bowler Metcalf'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)
=12.807/160.9852*160.9852
=12.807

Current CPI (Jun25) = 160.9852.

Bowler Metcalf Annual Data

Book Value per Share CPI Adj_Book
201606 8.443 106.713 12.737
201706 8.064 112.054 11.585
201806 9.343 116.959 12.860
201906 8.580 122.191 11.304
202006 9.426 124.807 12.158
202106 10.223 131.113 12.552
202206 10.012 140.835 11.444
202306 10.588 148.802 11.455
202406 11.662 156.269 12.014
202506 12.807 160.985 12.807

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 1.08 mean?
Bowler Metcalf (JSE:BCF) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 24, 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 Bowler Metcalf and its competitors. This is near median its historical median of 1.03. Over the past decade, Bowler Metcalf's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.68. According to the industry distribution chart, Bowler Metcalf ranks #156 out of 317 companies in the Packaging & Containers industry, placing it in the top 49.2%.
Is Bowler Metcalf's Cyclically Adjusted PB Ratio too high?
Bowler Metcalf's current Cyclically Adjusted PB Ratio of 1.08 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.68. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.17. Bowler Metcalf's value of 1.08 is 7.7% below this industry median. Based on the distribution chart, Bowler Metcalf ranks #156 out of 317 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Bowler Metcalf has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bowler Metcalf's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bowler Metcalf ranks #156 out of 317 companies for Cyclically Adjusted PB Ratio. This puts Bowler Metcalf in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Bowler Metcalf's value of 1.08 is 7.7% below this benchmark. Historically, Bowler Metcalf's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.68 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.17, Bowler Metcalf 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.17, based on 317 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. Bowler Metcalf's current Cyclically Adjusted PB Ratio of 1.08 is 7.7% 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 Bowler Metcalf and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bowler Metcalf's current Cyclically Adjusted PB Ratio is 1.08, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowler Metcalf stock overvalued right now?
Based on GuruFocus' analysis, Bowler Metcalf (JSE:BCF) is currently considered Modestly Undervalued. The stock's GF Value™ is R14.89, compared to a current price of R13.02 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is near median its 10-year median of 1.03 and 7.7% below the Packaging & Containers industry median of 1.17. Bowler Metcalf's overall GF Score™ is 84/100 with 2 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 Bowler Metcalf (JSE:BCF), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 24, 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 Bowler Metcalf (JSE:BCF) Overvalued in 2026?

Based on GuruFocus' analysis, Bowler Metcalf stock appears to be undervalued. The current stock price of R13.02 is trading 12.6% below its estimated GF Value™ of R14.89. GuruFocus considers Bowler Metcalf to be Modestly Undervalued.

Key valuation signals for JSE:BCF:

  • Cyclically Adjusted PB Ratio: 1.08 (near median its 10-year median of 1.03)
  • GF Value™: R14.89 vs. price of R13.02 (12.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 7.7% below the Packaging & Containers median (#156 of 317)

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


Bowler Metcalf Business Description

Address 15 Harris Drive, Ottery, Cape Town, WC, ZAF, 7800
Bowler Metcalf Ltd is mainly engaged in the business of containers and packaging. The company's operating segments include Plastic Packaging and Property Investment. It generates maximum revenue from the Plastic Packaging segment, which specializes in the manufacture of rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets. Its mode of manufacture comprises injection and blow molding, extrusion, and injection stretch blow molding. The Property Investment segment is involved in the business of investing in properties for letting to the manufacturing industry.
84GF Score

Get the complete analysis for JSE:BCF

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

R13.02
Price
R14.89
GF Value