PSV Holdings (JSE:PSV) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is PSV Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PSV Holdings  (JSE:PSV) 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.


PSV Holdings Cyclically Adjusted PB Ratio Related Terms


PSV Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PSV Holdings'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.

PSV Holdings Cyclically Adjusted PB Ratio Chart

PSV Holdings Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PSV Holdings Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19
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

JSE:PSV vs HON, MMM, GE: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, PSV Holdings'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.


PSV Holdings Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PSV Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PSV Holdings 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.

PSV Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb19 is calculated as:

For example, PSV Holdings's adjusted Book Value per Share data for the fiscal year that ended in Feb19 was:

Adj_Book=Book Value per Share/CPI of Feb19 (Change)*Current CPI (Feb19)
=0.066/119.7929*119.7929
=0.066

Current CPI (Feb19) = 119.7929.

PSV Holdings Annual Data

Book Value per Share CPI Adj_Book
201002 0.608 75.756 0.961
201102 0.577 78.481 0.881
201202 0.461 83.386 0.662
201302 0.382 88.291 0.518
201402 0.379 93.524 0.485
201502 0.276 97.339 0.340
201602 0.114 104.097 0.131
201702 0.111 110.855 0.120
201802 0.107 115.106 0.111
201902 0.066 119.793 0.066

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.


PSV Holdings Business Description

Address Corner of Serenade & North Reef Roads, Henville Ext. Elandsfontein Rail, Germiston, ZAF, 1429
PSV Holdings Ltd is an industrial engineering holding company. It is engaged in providing steel, stainless steel, industrial supplies, specialized control valves, engineering linings, cryogenic equipment and storage tankers and also provides technology to the mining, water, wastewater management, health care, infrastructure and manufacturing sectors in South Africa and Africa. The company operates in two segments namely Industrial Supplies that includes steel, piping, industrial tools and consumable supplies and others; and Specialized Services that includes comprehensive cryogenic and gas systems. It derives key revenue from the Industrial supplies segment. Geographically, the group has operations in South Africa and other countries.