Labat AfricaJSE:LAB -20.00% Cyclically Adjusted PB Ratio is 1.00 as of Jul. 02, 2026, which is 58% below its 10-year median of 2.40. The stock has 5 warning signs investors should review. Among 759 Drug Manufacturers companies, Labat Africa ranks better than 66.14% on this metric.
The historical rank and industry rank for Labat Africa's Cyclically Adjusted PB Ratio or its related term are showing as below:
JSE:LAB'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 2.4 Max: 12.5
Current: 1.19
During the past 13 years, Labat Africa's highest Cyclically Adjusted PB Ratio was 12.50. The lowest was 0.50. And the median was 2.40.
JSE:LAB's Cyclically Adjusted PB Ratio is ranked better than 66.14% of 759
companies
in the Drug Manufacturers industry
Industry Median: 1.8
vs JSE:LAB: 1.19
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.
Labat Africa's adjusted book value per share data of for the fiscal year that ended in May24 was R-0.037. 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 R0.04 for the trailing ten years ended in May24.
Shiller PE for Stocks: The True Measure of Stock Valuation
Labat Africa (JSE:LAB) 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.
Labat Africa Cyclically Adjusted PB Ratio Related Terms
Labat Africa Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Labat Africa'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.
JSE:LAB vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Labat Africa'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.
Labat Africa Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Labat Africa's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Labat Africa's Cyclically Adjusted PB Ratio falls into.
Labat Africa 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.
Labat Africa's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.00 mean?
Labat Africa (JSE:LAB) has a Cyclically Adjusted PB Ratio of 1.00 as of Jul. 02, 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 Labat Africa and its competitors. This is 58% below median its historical median of 2.40. Over the past decade, Labat Africa's Cyclically Adjusted PB Ratio has ranged from 0.50 to 12.50. According to the industry distribution chart, Labat Africa ranks #257 out of 759 companies in the Drug Manufacturers industry, placing it in the top 33.9%.
Is Labat Africa's Cyclically Adjusted PB Ratio too high?
Labat Africa's current Cyclically Adjusted PB Ratio of 1.00 is 58% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 12.50. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.80. Labat Africa's value of 1.00 is 44.4% below this industry median. Based on the distribution chart, Labat Africa ranks #257 out of 759 companies in the Drug Manufacturers industry, which is above the industry midpoint.
How does Labat Africa's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Labat Africa ranks #257 out of 759 companies for Cyclically Adjusted PB Ratio. This puts Labat Africa in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Labat Africa's value of 1.00 is 44.4% below this benchmark. Historically, Labat Africa's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 12.50 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.80, Labat Africa 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.80, based on 759 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. Labat Africa's current Cyclically Adjusted PB Ratio of 1.00 is 44.4% 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 Labat Africa and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labat Africa's current Cyclically Adjusted PB Ratio is 1.00, which is 58% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labat Africa stock overvalued right now?
Based on GuruFocus' analysis, Labat Africa (JSE:LAB) is currently considered Possible Value Trap. The stock's GF Value™ is R0.18, compared to a current price of R0.04 — trading 77.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 58% below median its 10-year median of 2.40 and 44.4% below the Drug Manufacturers industry median of 1.80. 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 Labat Africa (JSE:LAB), the current Cyclically Adjusted PB Ratio is 1.00 as of Jul. 02, 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.
Labat Africa Ltd is an investment holding company. Through its subsidiaries, the company operates in the following segments; Technology, Head office, and Healthcare. The Technology segment manufactures and distributes integrated circuits South African Micro - Electronic Systems. Head office operations provide management services, logistics and seeks further investment opportunities for the Group. The Healthcare segment generates maximum revenue for the company and focusses on medical cannabis industry in South Africa. Geographically, the company carries out its business operations in South Africa.
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