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Metair Investments (JSE:MTA) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 01, 2025)


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What is Metair Investments Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Metair Investments's current share price is R8.61. Metair Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was R27.25. Metair Investments's Cyclically Adjusted PB Ratio for today is 0.32.

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

JSE:MTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.88   Max: 1.48
Current: 0.32

During the past 13 years, Metair Investments's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.19. And the median was 0.88.

JSE:MTA's Cyclically Adjusted PB Ratio is ranked better than
89.51% of 991 companies
in the Vehicles & Parts industry
Industry Median: 1.24 vs JSE:MTA: 0.32

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.

Metair Investments's adjusted book value per share data of for the fiscal year that ended in Dec24 was R13.875. 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 R27.25 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metair Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metair Investments'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.

* Premium members only.

Metair Investments Cyclically Adjusted PB Ratio Chart

Metair Investments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.10 1.00 0.62 0.36

Metair Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.00 - 0.62 - 0.36

Competitive Comparison of Metair Investments's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Metair Investments'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.


Metair Investments's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Metair Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Metair Investments 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.

Metair Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.61/27.25
=0.32

* 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.

Metair Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Metair Investments's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=13.875/157.2121*157.2121
=13.875

Current CPI (Dec24) = 157.2121.

Metair Investments Annual Data

Book Value per Share CPI Adj_Book
201512 24.680 101.808 38.111
201612 20.592 109.002 29.700
201712 20.586 113.907 28.412
201812 21.668 118.921 28.645
201912 21.857 123.717 27.775
202012 21.332 127.467 26.310
202112 19.463 135.029 22.661
202212 26.152 145.156 28.324
202312 27.897 152.718 28.718
202412 13.875 157.212 13.875

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.


Metair Investments  (JSE:MTA) 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.


Metair Investments Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Metair Investments's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Metair Investments Business Description

Traded in Other Exchanges
Address
114 Oxford Road, Suite 7, Ground Floor, Oxford and Glenhove Building No. 2, Houghton Estate, Johannesburg, GT, ZAF, 2198
Metair Investments Ltd manufactures energy storage products and automotive components. The energy storage division manufactures batteries for use in automotive applications and the telecoms, utility, mining, retail, and materials sectors. The automotive components division produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the automotive aftermarket. Some of its automotive component products are e brake pads, shock absorbers, lights, radiators, and air-conditioners. Its geographical segments are South Africa, Turkey and the United Kingdom, and Romania.