PowerFleet (JSE:PWR) Cyclically Adjusted PB Ratio: 1.56 (As of Aug. 08, 2026) — 11% Below Median

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JSE:PWR PowerFleet Inc JSE:PWR
37 GF Score
Price R70.33
GF Value R64.19
Valuation Fairly Valued
! 5 Warning Signs
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What is PowerFleet Cyclically Adjusted PB Ratio?

PowerFleet JSE:PWR +3.95% 37 Cyclically Adjusted PB Ratio is 1.56 as of Aug. 08, 2026, which is 11% below its 10-year median of 1.76. GuruFocus rates JSE:PWR with a GF Score™ of 37/100 and a GF Value™ of R64.19 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,564 Software companies, PowerFleet ranks better than 63.55% on this metric.

As of today (2026-08-08), PowerFleet's current share price is R70.33. PowerFleet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R45.05. PowerFleet's Cyclically Adjusted PB Ratio for today is 1.56.

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

JSE:PWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.76   Max: 3.43
Current: 1.49

During the past years, PowerFleet's highest Cyclically Adjusted PB Ratio was 3.43. The lowest was 0.73. And the median was 1.76.

JSE:PWR's Cyclically Adjusted PB Ratio is ranked better than
63.55% of 1564 companies
in the Software industry
Industry Median: 2.245 vs JSE:PWR: 1.49

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.

PowerFleet's adjusted book value per share data for the three months ended in Mar. 2026 was R59.365. 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 R45.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerFleet  (JSE:PWR) 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.


PowerFleet Cyclically Adjusted PB Ratio Related Terms


PowerFleet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PowerFleet'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.

PowerFleet Cyclically Adjusted PB Ratio Chart

PowerFleet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.06 1.42 2.16 1.11

PowerFleet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.16 1.66 1.98 1.99 1.11

JSE:PWR vs YEXT, PAYS, NUAI: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, PowerFleet'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.


PowerFleet Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, PowerFleet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:PWR
37GF Score
PowerFleet Inc JSE:PWR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PowerFleet 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.

PowerFleet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.33/45.05
=1.56

* 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.

PowerFleet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PowerFleet's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=59.365/330.2130*330.2130
=59.365

Current CPI (Mar. 2026) = 330.2130.

PowerFleet Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.206 241.018 29.054
201609 18.032 241.428 24.663
201612 16.084 241.432 21.999
201703 14.471 243.801 19.600
201706 14.282 244.955 19.253
201709 25.215 246.819 33.735
201712 24.751 246.524 33.153
201803 21.527 249.554 28.485
201806 23.753 251.989 31.127
201809 27.284 252.439 35.690
201812 24.749 251.233 32.529
201903 23.483 254.202 30.505
201906 22.054 256.143 28.431
201909 22.012 256.759 28.309
201912 40.767 256.974 52.386
202003 43.769 258.115 55.995
202006 44.367 257.797 56.830
202009 42.820 260.280 54.325
202012 37.903 260.474 48.051
202103 42.769 264.877 53.319
202106 39.581 271.696 48.106
202109 40.055 274.310 48.218
202112 40.795 278.802 48.318
202203 36.634 287.504 42.076
202206 38.136 296.311 42.499
202209 41.198 296.808 45.835
202212 32.919 296.797 36.625
202303 44.666 301.836 48.865
202306 44.032 305.109 47.655
202309 40.936 307.789 43.918
202312 28.799 306.746 31.002
202403 0.000 312.332 0.000
202406 66.882 314.175 70.296
202409 73.589 315.301 77.069
202412 63.030 315.605 65.947
202503 61.181 319.799 63.173
202506 61.525 322.561 62.985
202509 61.054 324.800 62.072
202512 60.909 324.054 62.067
202603 59.365 330.213 59.365

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 1.56 mean?
PowerFleet (JSE:PWR) has a Cyclically Adjusted PB Ratio of 1.56 as of Aug. 08, 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 PowerFleet and its competitors. This is 11% below median its historical median of 1.76. Over the past decade, PowerFleet's Cyclically Adjusted PB Ratio has ranged from 0.73 to 3.43. According to the industry distribution chart, PowerFleet ranks #570 out of 1564 companies in the Software industry, placing it in the top 36.4%.
Is PowerFleet's Cyclically Adjusted PB Ratio too high?
PowerFleet's current Cyclically Adjusted PB Ratio of 1.56 is 11% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 3.43. The Software industry median Cyclically Adjusted PB Ratio is 2.25. PowerFleet's value of 1.56 is 30.5% below this industry median. Based on the distribution chart, PowerFleet ranks #570 out of 1564 companies in the Software industry, which is above the industry midpoint. Overall, PowerFleet has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PowerFleet's Cyclically Adjusted PB Ratio compare to YEXT and PAYS?
According to the Software industry distribution chart, PowerFleet ranks #570 out of 1564 companies for Cyclically Adjusted PB Ratio. This puts PowerFleet in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. PowerFleet's value of 1.56 is 30.5% below this benchmark. Historically, PowerFleet's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 3.43 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 2.25, PowerFleet 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.25, based on 1,564 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. PowerFleet's current Cyclically Adjusted PB Ratio of 1.56 is 30.5% 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 PowerFleet and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PowerFleet's current Cyclically Adjusted PB Ratio is 1.56, which is 11% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PowerFleet stock overvalued right now?
Based on GuruFocus' analysis, PowerFleet (JSE:PWR) is currently considered Fairly Valued. The stock's GF Value™ is R64.19, compared to a current price of R70.33 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 11% below median its 10-year median of 1.76 and 30.5% below the Software industry median of 2.25. PowerFleet's overall GF Score™ is 37/100 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 PowerFleet (JSE:PWR), the current Cyclically Adjusted PB Ratio is 1.56 as of Aug. 08, 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 PowerFleet (JSE:PWR) Overvalued in 2026?

Based on GuruFocus' analysis, PowerFleet stock appears to be overvalued. The current stock price of R70.33 is trading 9.6% above its estimated GF Value™ of R64.19. GuruFocus considers PowerFleet to be Fairly Valued.

Key valuation signals for JSE:PWR:

  • Cyclically Adjusted PB Ratio: 1.56 (11% below median its 10-year median of 1.76)
  • GF Value™: R64.19 vs. price of R70.33 (9.6% above fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 30.5% below the Software median (#570 of 1564)

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


PowerFleet Business Description

Other Exchanges AIOT:USA3LO:Germany
Address 123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
PowerFleet Inc provides artificial intelligence of things (AIoT) software-as-a-service (SaaS) solutions for the mobile asset industry globally. The company's Unity data highway and AIoT ecosystem ingest data from multiple data sources and deliver actionable insights through a Software-as-a-Service (SaaS) platform, for improving the performance of the mobile asset (such as forklifts, tuggers, trucks, rental cars, etc.), the individual in charge, and the business process. Its offerings include a variety of IoT devices integrated with software solutions for asset tracking, operational monitoring, AI-powered video safety, compliance management, and analytics under brands such as Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete. The company's key market is North America.
37GF Score

Get the complete analysis for JSE:PWR

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

R70.33
Price
R64.19
GF Value