Sephaku Holdings (JSE:SEP) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:SEP Sephaku Holdings Ltd JSE:SEP
84 GF Score
Price R1.60
GF Value R1.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Sephaku Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sephaku Holdings  (JSE:SEP) 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.


Sephaku Holdings Cyclically Adjusted PB Ratio Related Terms


Sephaku Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sephaku 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.

Sephaku Holdings Cyclically Adjusted PB Ratio Chart

Sephaku Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.17 0.19 0.21 0.36

Sephaku Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.19 0.39 0.20 0.23 0.36

JSE:SEP vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Sephaku 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.


Sephaku Holdings Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sephaku Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:SEP
84GF Score
Sephaku Holdings Ltd JSE:SEP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sephaku 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.

Sephaku Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Sephaku Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=5.981/164.7700*164.7700
=5.981

Current CPI (Mar26) = 164.7700.

Sephaku Holdings Annual Data

Book Value per Share CPI Adj_Book
201703 4.847 111.400 7.169
201803 5.018 115.542 7.156
201903 5.212 120.774 7.111
202003 4.325 125.679 5.670
202103 4.332 129.628 5.506
202203 4.508 137.594 5.398
202303 4.609 147.586 5.146
202403 5.092 155.483 5.396
202503 5.563 159.728 5.739
202603 5.981 164.770 5.981

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.

Is Sephaku Holdings (JSE:SEP) Overvalued in 2026?

Based on GuruFocus' analysis, Sephaku Holdings stock appears to be undervalued. The current stock price of R1.60 is trading 9.1% below its estimated GF Value™ of R1.76. GuruFocus considers Sephaku Holdings to be Fairly Valued.

Key valuation signals for JSE:SEP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R1.76 vs. price of R1.60 (9.1% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Sephaku Holdings Business Description

Address Cnr Karee and John Vorster Streets, First Floor, Block A, Southdowns Office Park, Irene X54, Pretoria, GT, ZAF, 0062
Sephaku Holdings Ltd is a construction materials company. It offers investors a portfolio of assets focused on the building and construction materials industry. The company comprises ready-mix concrete and head office as the two main segments. The ready-mix concrete segment represents the part of the business that manufactures and sells ready-mixed concrete through its subsidiaries in South Africa.
84GF Score

Get the complete analysis for JSE:SEP

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

R1.60
Price
R1.76
GF Value