Transpaco (JSE:TPC) Cyclically Adjusted PB Ratio: 1.44 (As of Jul. 22, 2026) — 10% Above Median

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JSE:TPC Transpaco Ltd JSE:TPC
86 GF Score
Price R41.00
GF Value R35.51
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Transpaco Cyclically Adjusted PB Ratio?

Transpaco JSE:TPC -6.82% 86 Cyclically Adjusted PB Ratio is 1.44 as of Jul. 22, 2026, which is 10% above its 10-year median of 1.31. GuruFocus rates JSE:TPC with a GF Score™ of 86/100 and a GF Value™ of R35.51 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 316 Packaging & Containers companies, Transpaco ranks worse than 59.49% on this metric.

As of today (2026-07-22), Transpaco's current share price is R41.00. Transpaco's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was R28.54. Transpaco's Cyclically Adjusted PB Ratio for today is 1.44.

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

JSE:TPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.31   Max: 2.81
Current: 1.54

During the past 13 years, Transpaco's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 0.67. And the median was 1.31.

JSE:TPC's Cyclically Adjusted PB Ratio is ranked worse than
59.49% of 316 companies
in the Packaging & Containers industry
Industry Median: 1.165 vs JSE:TPC: 1.54

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.

Transpaco's adjusted book value per share data of for the fiscal year that ended in Jun25 was R35.034. 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 R28.54 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transpaco  (JSE:TPC) 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.


Transpaco Cyclically Adjusted PB Ratio Related Terms


Transpaco Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Transpaco'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.

Transpaco Cyclically Adjusted PB Ratio Chart

Transpaco Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.94 1.25 1.15 1.31

Transpaco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.15 0.00 1.31 0.00

JSE:TPC vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Transpaco'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.


Transpaco Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transpaco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JSE:TPC
86GF Score
Transpaco Ltd JSE:TPC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transpaco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.00/28.54
=1.44

* 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.

Transpaco's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Transpaco's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=35.034/160.9852*160.9852
=35.034

Current CPI (Jun25) = 160.9852.

Transpaco Annual Data

Book Value per Share CPI Adj_Book
201606 15.924 106.713 24.023
201706 17.079 112.054 24.537
201806 18.857 116.959 25.955
201906 19.396 122.191 25.554
202006 20.663 124.807 26.653
202106 23.063 131.113 28.318
202206 26.272 140.835 30.031
202306 29.580 148.802 32.002
202406 32.319 156.269 33.294
202506 35.034 160.985 35.034

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 1.44 mean?
Transpaco (JSE:TPC) has a Cyclically Adjusted PB Ratio of 1.44 as of Jul. 22, 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 Transpaco and its competitors. This is 10% above median its historical median of 1.31. Over the past decade, Transpaco's Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.81. According to the industry distribution chart, Transpaco ranks #188 out of 316 companies in the Packaging & Containers industry, placing it in the top 59.5%.
Is Transpaco's Cyclically Adjusted PB Ratio too high?
Transpaco's current Cyclically Adjusted PB Ratio of 1.44 is 10% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.81. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.17. Transpaco's value of 1.44 is 23.6% above this industry median. Based on the distribution chart, Transpaco ranks #188 out of 316 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Transpaco has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transpaco's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Transpaco ranks #188 out of 316 companies for Cyclically Adjusted PB Ratio. This places Transpaco in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Transpaco's value of 1.44 is 23.6% above this benchmark. Historically, Transpaco's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.81 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.17, Transpaco has consistently been above 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.17, based on 316 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. Transpaco's current Cyclically Adjusted PB Ratio of 1.44 is 23.6% above 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 Transpaco and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transpaco's current Cyclically Adjusted PB Ratio is 1.44, which is 10% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transpaco stock overvalued right now?
Based on GuruFocus' analysis, Transpaco (JSE:TPC) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.51, compared to a current price of R41.00 — trading 15.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 10% above median its 10-year median of 1.31 and 23.6% above the Packaging & Containers industry median of 1.17. Transpaco's overall GF Score™ is 86/100 with 7 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 Transpaco (JSE:TPC), the current Cyclically Adjusted PB Ratio is 1.44 as of Jul. 22, 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 Transpaco (JSE:TPC) Overvalued in 2026?

Based on GuruFocus' analysis, Transpaco stock appears to be overvalued. The current stock price of R41.00 is trading 15.5% above its estimated GF Value™ of R35.51. GuruFocus considers Transpaco to be Modestly Overvalued.

Key valuation signals for JSE:TPC:

  • Cyclically Adjusted PB Ratio: 1.44 (10% above median its 10-year median of 1.31)
  • GF Value™: R35.51 vs. price of R41.00 (15.5% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 23.6% above the Packaging & Containers median (#188 of 316)

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


Transpaco Business Description

Address 331 - 6th Street, PO Box 39601, Bramley, 2018, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Transpaco Ltd is a manufacturer, recycler, and distributor of paper and plastic packaging products. It operates in three business segments: Plastics Products, Paper and Board Products, and Property and Group Services. The company generates maximum revenue from the Plastic products segment. Its Plastic products segment manufactures flexible plastic packaging solutions. Some of its products include Retail vest-type plastic bags; Refuse bags; Tubing and sheeting; Scholastic stationery; Heavy duty cores; Yarn cores; Conical containers; Stretch film and others.
86GF Score

Get the complete analysis for JSE:TPC

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

R41.00
Price
R35.51
GF Value