Brimstone Investment (JSE:BRN) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:BRN Brimstone Investment Corp Ltd JSE:BRN
38 GF Score
Price R5.28
GF Value R0.65
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Brimstone Investment Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brimstone Investment  (JSE:BRN) 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.


Brimstone Investment Cyclically Adjusted PB Ratio Related Terms


Brimstone Investment Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Brimstone Investment'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.

Brimstone Investment Cyclically Adjusted PB Ratio Chart

Brimstone Investment 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 0.38 0.31 0.25 0.27 0.29

Brimstone Investment Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.27 0.28 0.23 0.29 0.27

JSE:BRN vs KHC, GIS, MKC: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Brimstone Investment'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.


Brimstone Investment Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brimstone Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:BRN
38GF Score
Brimstone Investment Corp Ltd JSE:BRN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brimstone Investment 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.

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

For example, Brimstone Investment'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)
=12.887/162.8800*162.8800
=12.887

Current CPI (Dec25) = 162.8800.

Brimstone Investment Annual Data

Book Value per Share CPI Adj_Book
201612 10.845 109.002 16.206
201712 14.855 113.907 21.242
201812 16.017 118.921 21.938
201912 15.582 123.717 20.515
202012 14.863 127.467 18.992
202112 16.577 135.029 19.996
202212 18.136 145.156 20.350
202312 19.273 152.718 20.556
202412 12.426 157.212 12.874
202512 12.887 162.880 12.887

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.

Is Brimstone Investment (JSE:BRN) Overvalued in 2026?

Based on GuruFocus' analysis, Brimstone Investment stock appears to be overvalued. The current stock price of R5.28 is trading 712.3% above its estimated GF Value™ of R0.65. GuruFocus considers Brimstone Investment to be Significantly Overvalued.

Key valuation signals for JSE:BRN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R0.65 vs. price of R5.28 (712.3% above fair value)
  • GF Score™: 38/100 with 8 warning signs

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


Brimstone Investment Business Description

Other Exchanges BRT:South Africa
Address 1 Mariendahl Lane, Boundary Terraces, 1st Floor, Slade House, PO Box 44580, Newlands, GT, ZAF, 7700
Brimstone Investment Corp Ltd is an investment holding company. The company invests in various sectors, including food, financial services, healthcare, clothing, and others. The primary business segments of the Group are Food and Investments. The company generates maximum revenue from the Investment segment. Geographically, the company operates in South Africa, which derives maximum revenue; Australia; Europe; and Other Markets.
38GF Score

Get the complete analysis for JSE:BRN

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

R5.28
Price
R0.65
GF Value