Hudaco Industries (JSE:HDC) Cyclically Adjusted PB Ratio: 1.67 (As of Aug. 06, 2026) — Near Median

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JSE:HDC Hudaco Industries Ltd JSE:HDC
87 GF Score
Price R190.77
GF Value R197.88
Valuation Fairly Valued
View Full Analysis

What is Hudaco Industries Cyclically Adjusted PB Ratio?

Hudaco Industries JSE:HDC -0.33% 87 Cyclically Adjusted PB Ratio is 1.67 as of Aug. 06, 2026, which is 3% below its 10-year median of 1.72. GuruFocus rates JSE:HDC with a GF Score™ of 87/100 and a GF Value™ of R197.88 (Fairly Valued). Among 126 Industrial Distribution companies, Hudaco Industries ranks worse than 61.11% on this metric.

As of today (2026-08-06), Hudaco Industries's current share price is R190.77. Hudaco Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 was R114.04. Hudaco Industries's Cyclically Adjusted PB Ratio for today is 1.67.

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

JSE:HDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.72   Max: 2.68
Current: 1.69

During the past 13 years, Hudaco Industries's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.75. And the median was 1.72.

JSE:HDC's Cyclically Adjusted PB Ratio is ranked worse than
61.11% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.33 vs JSE:HDC: 1.69

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.

Hudaco Industries's adjusted book value per share data of for the fiscal year that ended in Nov25 was R128.967. 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 R114.04 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudaco Industries  (JSE:HDC) 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.


Hudaco Industries Cyclically Adjusted PB Ratio Related Terms


Hudaco Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hudaco Industries'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.

Hudaco Industries Cyclically Adjusted PB Ratio Chart

Hudaco Industries Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 1.50 1.63 1.88 1.63

Hudaco Industries Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 1.88 0.00 1.63 0.00

JSE:HDC vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Hudaco Industries'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.


Hudaco Industries Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hudaco Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:HDC
87GF Score
Hudaco Industries Ltd JSE:HDC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hudaco Industries 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.

Hudaco Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=190.77/114.04
=1.67

* 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.

Hudaco Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Hudaco Industries's adjusted Book Value per Share data for the fiscal year that ended in Nov25 was:

Adj_Book=Book Value per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=128.967/162.5700*162.5700
=128.967

Current CPI (Nov25) = 162.5700.

Hudaco Industries Annual Data

Book Value per Share CPI Adj_Book
201611 65.245 108.566 97.700
201711 72.526 113.362 104.008
201811 79.273 119.139 108.171
201911 86.662 123.390 114.180
202011 81.953 127.314 104.648
202111 95.412 134.219 115.566
202211 106.463 144.616 119.681
202311 115.713 152.718 123.178
202411 120.123 157.055 124.341
202511 128.967 162.570 128.967

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 1.67 mean?
Hudaco Industries (JSE:HDC) has a Cyclically Adjusted PB Ratio of 1.67 as of Aug. 06, 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 Hudaco Industries and its competitors. This is near median its historical median of 1.72. Over the past decade, Hudaco Industries' Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.68. According to the industry distribution chart, Hudaco Industries ranks #77 out of 126 companies in the Industrial Distribution industry, placing it in the top 61.1%.
Is Hudaco Industries' Cyclically Adjusted PB Ratio too high?
Hudaco Industries' current Cyclically Adjusted PB Ratio of 1.67 is near median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.68. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.33. Hudaco Industries' value of 1.67 is 25.6% above this industry median. Based on the distribution chart, Hudaco Industries ranks #77 out of 126 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Hudaco Industries has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hudaco Industries' Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hudaco Industries ranks #77 out of 126 companies for Cyclically Adjusted PB Ratio. This places Hudaco Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.33. Hudaco Industries' value of 1.67 is 25.6% above this benchmark. Historically, Hudaco Industries' own Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.68 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.33, Hudaco Industries 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.33, based on 126 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. Hudaco Industries's current Cyclically Adjusted PB Ratio of 1.67 is 25.6% 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 Hudaco Industries and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hudaco Industries's current Cyclically Adjusted PB Ratio is 1.67, which is near median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudaco Industries stock overvalued right now?
Based on GuruFocus' analysis, Hudaco Industries (JSE:HDC) is currently considered Fairly Valued. The stock's GF Value™ is R197.88, compared to a current price of R190.77 — trading 3.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.67, which is near median its 10-year median of 1.72 and 25.6% above the Industrial Distribution industry median of 1.33. Hudaco Industries' overall GF Score™ is 87/100. 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 Hudaco Industries (JSE:HDC), the current Cyclically Adjusted PB Ratio is 1.67 as of Aug. 06, 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 Hudaco Industries (JSE:HDC) Overvalued in 2026?

Based on GuruFocus' analysis, Hudaco Industries stock appears to be undervalued. The current stock price of R190.77 is trading 3.6% below its estimated GF Value™ of R197.88. GuruFocus considers Hudaco Industries to be Fairly Valued.

Key valuation signals for JSE:HDC:

  • Cyclically Adjusted PB Ratio: 1.67 (near median its 10-year median of 1.72)
  • GF Value™: R197.88 vs. price of R190.77 (3.6% below fair value)
  • GF Score™: 87/100
  • Industry Position: 25.6% above the Industrial Distribution median (#77 of 126)

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


Hudaco Industries Business Description

Address Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Engineering consumables segment. Geographically, it derives a majority of revenue from South Africa.
87GF Score

Get the complete analysis for JSE:HDC

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

R190.77
Price
R197.88
GF Value