Primeserv Group (JSE:PMV) Cyclically Adjusted PB Ratio: 1.25 (As of Aug. 05, 2026) — 92% Above Median

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JSE:PMV Primeserv Group Ltd JSE:PMV
90 GF Score
Price R2.95
GF Value R2.21
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Primeserv Group Cyclically Adjusted PB Ratio?

Primeserv Group JSE:PMV 90 Cyclically Adjusted PB Ratio is 1.25 as of Aug. 05, 2026, which is 92% above its 10-year median of 0.65. GuruFocus rates JSE:PMV with a GF Score™ of 90/100 and a GF Value™ of R2.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 726 Business Services companies, Primeserv Group ranks better than 57.16% on this metric.

As of today (2026-08-05), Primeserv Group's current share price is R2.95. Primeserv Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was R2.36. Primeserv Group's Cyclically Adjusted PB Ratio for today is 1.25.

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

JSE:PMV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.65   Max: 1.37
Current: 1.25

During the past 13 years, Primeserv Group's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.41. And the median was 0.65.

JSE:PMV's Cyclically Adjusted PB Ratio is ranked better than
57.16% of 726 companies
in the Business Services industry
Industry Median: 1.555 vs JSE:PMV: 1.25

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.

Primeserv Group's adjusted book value per share data of for the fiscal year that ended in Mar25 was R2.952. 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 R2.36 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primeserv Group  (JSE:PMV) 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.


Primeserv Group Cyclically Adjusted PB Ratio Related Terms


Primeserv Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Primeserv Group'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.

Primeserv Group Cyclically Adjusted PB Ratio Chart

Primeserv Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.65 0.65 0.69 1.06

Primeserv Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.69 0.00 1.06 0.00

JSE:PMV vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Primeserv Group'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.


Primeserv Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Primeserv Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:PMV
90GF Score
Primeserv Group Ltd JSE:PMV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primeserv Group 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.

Primeserv Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.95/2.36
=1.25

* 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.

Primeserv Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Primeserv Group's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=2.952/159.7275*159.7275
=2.952

Current CPI (Mar25) = 159.7275.

Primeserv Group Annual Data

Book Value per Share CPI Adj_Book
201603 1.106 104.969 1.683
201703 1.270 111.400 1.821
201803 1.452 115.542 2.007
201903 1.697 120.774 2.244
202003 1.986 125.679 2.524
202103 2.040 129.628 2.514
202203 2.204 137.594 2.559
202303 2.403 147.586 2.601
202403 2.653 155.483 2.725
202503 2.952 159.728 2.952

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 1.25 mean?
Primeserv Group (JSE:PMV) has a Cyclically Adjusted PB Ratio of 1.25 as of Aug. 05, 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 Primeserv Group and its competitors. This is 92% above median its historical median of 0.65. Over the past decade, Primeserv Group's Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.37. According to the industry distribution chart, Primeserv Group ranks #311 out of 726 companies in the Business Services industry, placing it in the top 42.8%.
Is Primeserv Group's Cyclically Adjusted PB Ratio too high?
Primeserv Group's current Cyclically Adjusted PB Ratio of 1.25 is 92% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.37. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Primeserv Group's value of 1.25 is 19.6% below this industry median. Based on the distribution chart, Primeserv Group ranks #311 out of 726 companies in the Business Services industry, which is above the industry midpoint. Overall, Primeserv Group has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primeserv Group's Cyclically Adjusted PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Primeserv Group ranks #311 out of 726 companies for Cyclically Adjusted PB Ratio. This puts Primeserv Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Primeserv Group's value of 1.25 is 19.6% below this benchmark. Historically, Primeserv Group's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.37 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.56, Primeserv Group 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 726 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. Primeserv Group's current Cyclically Adjusted PB Ratio of 1.25 is 19.6% 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 Primeserv Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primeserv Group's current Cyclically Adjusted PB Ratio is 1.25, which is 92% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primeserv Group stock overvalued right now?
Based on GuruFocus' analysis, Primeserv Group (JSE:PMV) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.21, compared to a current price of R2.95 — trading 33.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is 92% above median its 10-year median of 0.65 and 19.6% below the Business Services industry median of 1.56. Primeserv Group's overall GF Score™ is 90/100 with 5 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 Primeserv Group (JSE:PMV), the current Cyclically Adjusted PB Ratio is 1.25 as of Aug. 05, 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 Primeserv Group (JSE:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Primeserv Group stock appears to be overvalued. The current stock price of R2.95 is trading 33.5% above its estimated GF Value™ of R2.21. GuruFocus considers Primeserv Group to be Significantly Overvalued.

Key valuation signals for JSE:PMV:

  • Cyclically Adjusted PB Ratio: 1.25 (92% above median its 10-year median of 0.65)
  • GF Value™: R2.21 vs. price of R2.95 (33.5% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 19.6% below the Business Services median (#311 of 726)

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


Primeserv Group Business Description

Address 25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196
Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.
90GF Score

Get the complete analysis for JSE:PMV

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

R2.95
Price
R2.21
GF Value