Super Group (JSE:SPG) Cyclically Adjusted PB Ratio: 0.42 (As of Sep. 12, 2026) — 61% Below Median

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JSE:SPG Super Group Ltd JSE:SPG
67 GF Score
Price R17.80
GF Value R21.90
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Super Group Cyclically Adjusted PB Ratio?

Super Group JSE:SPG -0.61% 67 Cyclically Adjusted PB Ratio is 0.42 as of Sep. 12, 2026, which is 61% below its 10-year median of 1.09. GuruFocus rates JSE:SPG with a GF Score™ of 67/100 and a GF Value™ of R21.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 699 Transportation companies, Super Group ranks better than 89.13% on this metric.

As of today (2026-09-12), Super Group's current share price is R17.80. Super Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun26 was R42.43. Super Group's Cyclically Adjusted PB Ratio for today is 0.42.

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

JSE:SPG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.09   Max: 2.55
Current: 0.42

During the past 13 years, Super Group's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.32. And the median was 1.09.

JSE:SPG's Cyclically Adjusted PB Ratio is ranked better than
89.13% of 699 companies
in the Transportation industry
Industry Median: 1.27 vs JSE:SPG: 0.42

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.

Super Group's adjusted book value per share data of for the fiscal year that ended in Jun26 was R38.065. 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 R42.43 for the trailing ten years ended in Jun26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Group  (JSE:SPG) 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.


Super Group Cyclically Adjusted PB Ratio Related Terms


Super Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Super 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.

Super Group Cyclically Adjusted PB Ratio Chart

Super Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.95 0.75 0.39 0.46

Super Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.75 0.00 0.39 0.00 0.46

JSE:SPG vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Super 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.


Super Group Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


JSE:SPG
67GF Score
Super Group Ltd JSE:SPG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.80/42.43
=0.42

* 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.

Super Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun26 is calculated as:

For example, Super Group's adjusted Book Value per Share data for the fiscal year that ended in Jun26 was:

Adj_Book=Book Value per Share/CPI of Jun26 (Change)*Current CPI (Jun26)
=38.065/169.0200*169.0200
=38.065

Current CPI (Jun26) = 169.0200.

Super Group Annual Data

Book Value per Share CPI Adj_Book
201706 23.941 112.054 36.112
201806 27.046 116.959 39.085
201906 30.365 122.191 42.002
202006 31.164 124.807 42.204
202106 32.350 131.113 41.703
202206 38.399 140.835 46.084
202306 46.351 148.802 52.649
202406 42.895 156.269 46.395
202506 38.054 160.985 39.953
202606 38.065 169.020 38.065

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 0.42 mean?
Super Group (JSE:SPG) has a Cyclically Adjusted PB Ratio of 0.42 as of Sep. 12, 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 Super Group and its competitors. This is 61% below median its historical median of 1.09. Over the past decade, Super Group's Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.55. According to the industry distribution chart, Super Group ranks #76 out of 699 companies in the Transportation industry, placing it in the top 10.9%.
Is Super Group's Cyclically Adjusted PB Ratio too high?
Super Group's current Cyclically Adjusted PB Ratio of 0.42 is 61% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.55. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Super Group's value of 0.42 is 66.9% below this industry median. Based on the distribution chart, Super Group ranks #76 out of 699 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Super Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Group's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Super Group ranks #76 out of 699 companies for Cyclically Adjusted PB Ratio. This places Super Group in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Super Group's value of 0.42 is 66.9% below this benchmark. Historically, Super Group's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.55 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.27, Super 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 699 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. Super Group's current Cyclically Adjusted PB Ratio of 0.42 is 66.9% 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 Super Group and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Group's current Cyclically Adjusted PB Ratio is 0.42, which is 61% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Group stock overvalued right now?
Based on GuruFocus' analysis, Super Group (JSE:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is R21.90, compared to a current price of R17.80 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 61% below median its 10-year median of 1.09 and 66.9% below the Transportation industry median of 1.27. Super Group's overall GF Score™ is 67/100 with 4 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 Super Group (JSE:SPG), the current Cyclically Adjusted PB Ratio is 0.42 as of Sep. 12, 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 Super Group (JSE:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Super Group stock appears to be undervalued. The current stock price of R17.80 is trading 18.7% below its estimated GF Value™ of R21.90. GuruFocus considers Super Group to be Modestly Undervalued.

Key valuation signals for JSE:SPG:

  • Cyclically Adjusted PB Ratio: 0.42 (61% below median its 10-year median of 1.09)
  • GF Value™: R21.90 vs. price of R17.80 (18.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 66.9% below the Transportation median (#76 of 699)

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


Super Group Business Description

Other Exchanges S8G1:Germany
Address 27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the United Kingdom, Europe, and Australasia through several key segments. Its Supply Chain divisions offer distribution, warehousing, and courier services. The Dealerships divisions manage the sale and servicing of passenger and commercial vehicles in South Africa and the United Kingdom, representing key vehicle brands. The Fleet Solutions divisions provide fleet management and vehicle leasing services. The principal segments of the company are Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically, the company generates the majority of its revenue from South Africa.
67GF Score

Get the complete analysis for JSE:SPG

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

R17.80
Price
R21.90
GF Value