Frontier Transport Holdings (JSE:FTH) Cyclically Adjusted PB Ratio: 1.16 (As of Jul. 22, 2026) — Near Median

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JSE:FTH Frontier Transport Holdings Ltd JSE:FTH
83 GF Score
Price R6.50
GF Value R6.75
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Frontier Transport Holdings Cyclically Adjusted PB Ratio?

Frontier Transport Holdings JSE:FTH +8.33% 83 Cyclically Adjusted PB Ratio is 1.16 as of Jul. 22, 2026, which is 8% above its 10-year median of 1.07. GuruFocus rates JSE:FTH with a GF Score™ of 83/100 and a GF Value™ of R6.75 (Fairly Valued). The stock has 4 warning signs investors should review. Among 738 Transportation companies, Frontier Transport Holdings ranks better than 58.4% on this metric.

As of today (2026-07-22), Frontier Transport Holdings's current share price is R6.50. Frontier Transport Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was R5.60. Frontier Transport Holdings's Cyclically Adjusted PB Ratio for today is 1.16.

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

JSE:FTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.07   Max: 1.25
Current: 1.07

During the past 10 years, Frontier Transport Holdings's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.99. And the median was 1.07.

JSE:FTH's Cyclically Adjusted PB Ratio is ranked better than
58.4% of 738 companies
in the Transportation industry
Industry Median: 1.245 vs JSE:FTH: 1.07

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.

Frontier Transport Holdings's adjusted book value per share data of for the fiscal year that ended in Mar26 was R6.135. 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 R5.60 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontier Transport Holdings  (JSE:FTH) 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.


Frontier Transport Holdings Cyclically Adjusted PB Ratio Related Terms


Frontier Transport Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Frontier Transport Holdings'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.

Frontier Transport Holdings Cyclically Adjusted PB Ratio Chart

Frontier Transport Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.02

Frontier Transport Holdings Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 0.00 0.00 0.00 1.02

JSE:FTH vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Frontier Transport Holdings'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.


Frontier Transport Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:FTH
83GF Score
Frontier Transport Holdings Ltd JSE:FTH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Transport Holdings 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.

Frontier Transport Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.50/5.60
=1.16

* 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.

Frontier Transport Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Frontier Transport Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=6.135/164.7700*164.7700
=6.135

Current CPI (Mar26) = 164.7700.

Frontier Transport Holdings Annual Data

Book Value per Share CPI Adj_Book
201703 2.739 111.400 4.051
201803 4.737 115.542 6.755
201903 3.845 120.774 5.246
202003 4.237 125.679 5.555
202103 4.457 129.628 5.665
202203 4.919 137.594 5.891
202303 5.322 147.586 5.942
202403 4.743 155.483 5.026
202503 5.555 159.728 5.730
202603 6.135 164.770 6.135

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 1.16 mean?
Frontier Transport Holdings (JSE:FTH) has a Cyclically Adjusted PB Ratio of 1.16 as of Jul. 22, 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 Frontier Transport Holdings and its competitors. This is near median its historical median of 1.07. Over the past decade, Frontier Transport Holdings' Cyclically Adjusted PB Ratio has ranged from 0.99 to 1.25. According to the industry distribution chart, Frontier Transport Holdings ranks #307 out of 738 companies in the Transportation industry, placing it in the top 41.6%.
Is Frontier Transport Holdings' Cyclically Adjusted PB Ratio too high?
Frontier Transport Holdings' current Cyclically Adjusted PB Ratio of 1.16 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.25. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Frontier Transport Holdings' value of 1.16 is 6.8% below this industry median. Based on the distribution chart, Frontier Transport Holdings ranks #307 out of 738 companies in the Transportation industry, which is above the industry midpoint. Overall, Frontier Transport Holdings has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frontier Transport Holdings' Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Frontier Transport Holdings ranks #307 out of 738 companies for Cyclically Adjusted PB Ratio. This puts Frontier Transport Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Frontier Transport Holdings' value of 1.16 is 6.8% below this benchmark. Historically, Frontier Transport Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.99 to 1.25 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.25, Frontier Transport Holdings 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 738 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. Frontier Transport Holdings's current Cyclically Adjusted PB Ratio of 1.16 is 6.8% 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 Frontier Transport Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Transport Holdings's current Cyclically Adjusted PB Ratio is 1.16, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Transport Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Transport Holdings (JSE:FTH) is currently considered Fairly Valued. The stock's GF Value™ is R6.75, compared to a current price of R6.50 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is near median its 10-year median of 1.07 and 6.8% below the Transportation industry median of 1.25. Frontier Transport Holdings' overall GF Score™ is 83/100 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 Frontier Transport Holdings (JSE:FTH), the current Cyclically Adjusted PB Ratio is 1.16 as of Jul. 22, 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 Frontier Transport Holdings (JSE:FTH) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Transport Holdings stock appears to be undervalued. The current stock price of R6.50 is trading 3.7% below its estimated GF Value™ of R6.75. GuruFocus considers Frontier Transport Holdings to be Fairly Valued.

Key valuation signals for JSE:FTH:

  • Cyclically Adjusted PB Ratio: 1.16 (near median its 10-year median of 1.07)
  • GF Value™: R6.75 vs. price of R6.50 (3.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 6.8% below the Transportation median (#307 of 738)

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


Frontier Transport Holdings Business Description

Address 103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460
Frontier Transport Holdings Ltd is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. The company through its subsidiary provides a scheduled commuter bus operator in the Cape Metropole. The company provides services such as Public Transport, School & Private Tours, Luxury Coaches, Shuttle Services, and Parts & Spares Sales.
83GF Score

Get the complete analysis for JSE:FTH

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

R6.50
Price
R6.75
GF Value