Collins Property Group (JSE:CPP) Cyclically Adjusted PB Ratio: 0.47 (As of Jul. 28, 2026) — Near Median

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JSE:CPP Collins Property Group Ltd JSE:CPP
61 GF Score
Price R10.62
GF Value R9.12
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Collins Property Group Cyclically Adjusted PB Ratio?

Collins Property Group JSE:CPP 61 Cyclically Adjusted PB Ratio is 0.47 as of Jul. 28, 2026, which is 2% below its 10-year median of 0.48. GuruFocus rates JSE:CPP with a GF Score™ of 61/100 and a GF Value™ of R9.12 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,426 Real Estate companies, Collins Property Group ranks better than 62.97% on this metric.

As of today (2026-07-28), Collins Property Group's current share price is R10.62. Collins Property Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was R22.81. Collins Property Group's Cyclically Adjusted PB Ratio for today is 0.47.

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

JSE:CPP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.48   Max: 1.25
Current: 0.47

During the past 13 years, Collins Property Group's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.28. And the median was 0.48.

JSE:CPP's Cyclically Adjusted PB Ratio is ranked better than
62.97% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs JSE:CPP: 0.47

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.

Collins Property Group's adjusted book value per share data of for the fiscal year that ended in Feb26 was R17.709. 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 R22.81 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Collins Property Group  (JSE:CPP) 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.


Collins Property Group Cyclically Adjusted PB Ratio Related Terms


Collins Property Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Collins Property 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.

Collins Property Group Cyclically Adjusted PB Ratio Chart

Collins Property Group Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.31 0.33 0.47 0.46

Collins Property Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.33 0.00 0.47 0.00 0.46

JSE:CPP vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Collins Property 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.


Collins Property Group Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Collins Property Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:CPP
61GF Score
Collins Property Group Ltd JSE:CPP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Collins Property 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.62/22.81
=0.47

* 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.

Collins Property Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Collins Property Group's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=17.709/163.8300*163.8300
=17.709

Current CPI (Feb26) = 163.8300.

Collins Property Group Annual Data

Book Value per Share CPI Adj_Book
201702 19.526 110.855 28.857
201802 21.435 115.106 30.508
201902 21.208 119.793 29.004
202002 21.735 125.243 28.431
202102 18.518 128.817 23.551
202202 19.472 136.109 23.438
202302 12.404 146.101 13.909
202402 15.150 154.225 16.094
202502 16.153 159.099 16.633
202602 17.709 163.830 17.709

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 0.47 mean?
Collins Property Group (JSE:CPP) has a Cyclically Adjusted PB Ratio of 0.47 as of Jul. 28, 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 Collins Property Group and its competitors. This is near median its historical median of 0.48. Over the past decade, Collins Property Group's Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.25. According to the industry distribution chart, Collins Property Group ranks #528 out of 1426 companies in the Real Estate industry, placing it in the top 37%.
Is Collins Property Group's Cyclically Adjusted PB Ratio too high?
Collins Property Group's current Cyclically Adjusted PB Ratio of 0.47 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.25. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Collins Property Group's value of 0.47 is 31.9% below this industry median. Based on the distribution chart, Collins Property Group ranks #528 out of 1426 companies in the Real Estate industry, which is above the industry midpoint. Overall, Collins Property Group has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Collins Property Group's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Collins Property Group ranks #528 out of 1426 companies for Cyclically Adjusted PB Ratio. This puts Collins Property Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Collins Property Group's value of 0.47 is 31.9% below this benchmark. Historically, Collins Property Group's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.25 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.69, Collins Property Group 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,426 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. Collins Property Group's current Cyclically Adjusted PB Ratio of 0.47 is 31.9% 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 Collins Property Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Collins Property Group's current Cyclically Adjusted PB Ratio is 0.47, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Collins Property Group stock overvalued right now?
Based on GuruFocus' analysis, Collins Property Group (JSE:CPP) is currently considered Modestly Overvalued. The stock's GF Value™ is R9.12, compared to a current price of R10.62 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is near median its 10-year median of 0.48 and 31.9% below the Real Estate industry median of 0.69. Collins Property Group's overall GF Score™ is 61/100 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 Collins Property Group (JSE:CPP), the current Cyclically Adjusted PB Ratio is 0.47 as of Jul. 28, 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 Collins Property Group (JSE:CPP) Overvalued in 2026?

Based on GuruFocus' analysis, Collins Property Group stock appears to be overvalued. The current stock price of R10.62 is trading 16.4% above its estimated GF Value™ of R9.12. GuruFocus considers Collins Property Group to be Modestly Overvalued.

Key valuation signals for JSE:CPP:

  • Cyclically Adjusted PB Ratio: 0.47 (near median its 10-year median of 0.48)
  • GF Value™: R9.12 vs. price of R10.62 (16.4% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 31.9% below the Real Estate median (#528 of 1426)

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


Collins Property Group Business Description

Address 1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd is a property investment holding company with main focus areas in South Africa and the United Kingdom. The company is a property developer and investor engaged in the development of distribution centres, warehouses, and retail centres. It operates through the following segments: Property - Offshore, Property - Namibia, Property - South Africa, and Other. The majority of revenue is derived from the Property - South Africa segment. Its revenue comprises rental income and real estate investment trust distribution.
61GF Score

Get the complete analysis for JSE:CPP

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

R10.62
Price
R9.12
GF Value