Mantengu (JSE:MTU) Cyclically Adjusted PB Ratio: (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:MTU Mantengu Ltd JSE:MTU
27 GF Score
Price R0.24
! 5 Warning Signs
View Full Analysis

What is Mantengu Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mantengu  (JSE:MTU) 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.


Mantengu Cyclically Adjusted PB Ratio Related Terms


Mantengu Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mantengu'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.

Mantengu Cyclically Adjusted PB Ratio Chart

Mantengu 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 2.91 28.99 0.00 0.00 0.00

Mantengu 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 0.00 0.00 0.00 0.00 0.00

Mantengu Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mantengu'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.


Mantengu Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mantengu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:MTU
27GF Score
Mantengu Ltd JSE:MTU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mantengu 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.

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

For example, Mantengu'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)
=0.71/163.8300*163.8300
=0.710

Current CPI (Feb26) = 163.8300.

Mantengu Annual Data

Book Value per Share CPI Adj_Book
201702 -4.439 110.855 -6.560
201802 -8.331 115.106 -11.858
201902 -17.016 119.793 -23.271
202002 -22.484 125.243 -29.411
202102 -23.643 128.817 -30.069
202202 49.422 136.109 59.488
202302 0.513 146.101 0.575
202402 0.589 154.225 0.626
202502 1.779 159.099 1.832
202602 0.710 163.830 0.710

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.


Mantengu Business Description

Address 5 Saint Michaels Lane, Bryanston, Sandton, Johannesburg, GT, ZAF, 2080
Mantengu Ltd Formerly Mantengu Mining Ltd is a resource investment company. Along with its subsidiaries, the group is engaged in chrome and platinum mining operations on the Langpan 371KQ farm in Limpopo Province, purchasing and leasing mining equipment, chrome processing and mining, and manufacturing and distributing silicon carbide. Its reportable segments are: silicone carbide, chrome, and corporate. The reportable operating segments derive their revenue predominantly from mining, extraction, production, and selling Chrome concentrate, manufacturing and selling silicone carbide, and corporate services. The majority of the group's revenue is generated from the Chrome segment. Geographically, it generates maximum revenue from Europe, followed by South Africa, China, and the USA.
27GF Score

Get the complete analysis for JSE:MTU

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

R0.24
Price