Bidvest Group (JSE:BVT) Cyclically Adjusted PB Ratio: 2.42 (As of Jul. 17, 2026) — Near Median

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JSE:BVT Bidvest Group Ltd JSE:BVT
84 GF Score
Price R236.00
GF Value R281.19
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Bidvest Group Cyclically Adjusted PB Ratio?

Bidvest Group JSE:BVT +0.59% 84 Cyclically Adjusted PB Ratio is 2.42 as of Jul. 17, 2026, which is 9% above its 10-year median of 2.23. GuruFocus rates JSE:BVT with a GF Score™ of 84/100 and a GF Value™ of R281.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 478 Conglomerates companies, Bidvest Group ranks worse than 76.15% on this metric.

As of today (2026-07-17), Bidvest Group's current share price is R236.00. Bidvest Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was R97.40. Bidvest Group's Cyclically Adjusted PB Ratio for today is 2.42.

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

JSE:BVT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.23   Max: 2.92
Current: 2.42

During the past 13 years, Bidvest Group's highest Cyclically Adjusted PB Ratio was 2.92. The lowest was 1.42. And the median was 2.23.

JSE:BVT's Cyclically Adjusted PB Ratio is ranked worse than
76.15% of 478 companies
in the Conglomerates industry
Industry Median: 1.06 vs JSE:BVT: 2.42

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.

Bidvest Group's adjusted book value per share data of for the fiscal year that ended in Jun25 was R111.933. 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 R97.40 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bidvest Group  (JSE:BVT) 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.


Bidvest Group Cyclically Adjusted PB Ratio Related Terms


Bidvest Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bidvest Group'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.

Bidvest Group Cyclically Adjusted PB Ratio Chart

Bidvest Group 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 1.98 2.09 2.57 2.81 2.40

Bidvest Group 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 2.81 0.00 2.40 0.00

JSE:BVT vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Bidvest Group'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.


Bidvest Group Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bidvest Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Bidvest Group 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.

Bidvest Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=236.00/97.40
=2.42

* 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.

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

For example, Bidvest Group'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)
=111.933/160.9852*160.9852
=111.933

Current CPI (Jun25) = 160.9852.

Bidvest Group Annual Data

Book Value per Share CPI Adj_Book
201606 55.489 106.713 83.710
201706 64.750 112.054 93.025
201806 71.139 116.959 97.918
201906 75.708 122.191 99.744
202006 68.161 124.807 87.919
202106 75.136 131.113 92.255
202206 83.459 140.835 95.400
202306 97.068 148.802 105.016
202406 103.929 156.269 107.066
202506 111.933 160.985 111.933

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 2.42 mean?
Bidvest Group (JSE:BVT) has a Cyclically Adjusted PB Ratio of 2.42 as of Jul. 17, 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 Bidvest Group and its competitors. This is near median its historical median of 2.23. Over the past decade, Bidvest Group's Cyclically Adjusted PB Ratio has ranged from 1.42 to 2.92. According to the industry distribution chart, Bidvest Group ranks #364 out of 478 companies in the Conglomerates industry, placing it in the top 76.2%.
Is Bidvest Group's Cyclically Adjusted PB Ratio too high?
Bidvest Group's current Cyclically Adjusted PB Ratio of 2.42 is near median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.92. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.06. Bidvest Group's value of 2.42 is 128.3% above this industry median. Based on the distribution chart, Bidvest Group ranks #364 out of 478 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Bidvest Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bidvest Group's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Bidvest Group ranks #364 out of 478 companies for Cyclically Adjusted PB Ratio. This places Bidvest Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.06. Bidvest Group's value of 2.42 is 128.3% above this benchmark. Historically, Bidvest Group's own Cyclically Adjusted PB Ratio has ranged from 1.42 to 2.92 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.06, Bidvest Group 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.06, based on 478 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. Bidvest Group's current Cyclically Adjusted PB Ratio of 2.42 is 128.3% 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 Bidvest Group and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bidvest Group's current Cyclically Adjusted PB Ratio is 2.42, which is near median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bidvest Group stock overvalued right now?
Based on GuruFocus' analysis, Bidvest Group (JSE:BVT) is currently considered Modestly Undervalued. The stock's GF Value™ is R281.19, compared to a current price of R236.00 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is near median its 10-year median of 2.23 and 128.3% above the Conglomerates industry median of 1.06. Bidvest Group's overall GF Score™ is 84/100 with 4 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 Bidvest Group (JSE:BVT), the current Cyclically Adjusted PB Ratio is 2.42 as of Jul. 17, 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 Bidvest Group (JSE:BVT) Overvalued in 2026?

Based on GuruFocus' analysis, Bidvest Group stock appears to be undervalued. The current stock price of R236.00 is trading 16.1% below its estimated GF Value™ of R281.19. GuruFocus considers Bidvest Group to be Modestly Undervalued.

Key valuation signals for JSE:BVT:

  • Cyclically Adjusted PB Ratio: 2.42 (near median its 10-year median of 2.23)
  • GF Value™: R281.19 vs. price of R236.00 (16.1% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 128.3% above the Conglomerates median (#364 of 478)

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


Bidvest Group Business Description

Address 18 Crescent Drive, Bidvest House, Melrose Arch, Melrose, Johannesburg, GT, ZAF, 2196
Bidvest Group Ltd is a diversified business-to-business services, trading, and distribution company. Its diverse portfolio operates in two segments: Business services and Trading and distribution, through six divisions and a majority-owned subsidiary, Adcock Ingram. The company principally generates revenue from providing a wide range of goods and services through its eight core trading segments, Services South Africa, Services International, Freight, Commercial Products, Branded Products, Adcock Ingram and Automotive. Geographically, it derives the majority of revenue from South Africa.
84GF Score

Get the complete analysis for JSE:BVT

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

R236.00
Price
R281.19
GF Value