The Standard Group (NAI:SGL) Cyclically Adjusted PB Ratio: 0.57 (As of Aug. 05, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

NAI:SGL The Standard Group PLC NAI:SGL
42 GF Score
Price KES6.24
GF Value KES3.38
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is The Standard Group Cyclically Adjusted PB Ratio?

The Standard Group NAI:SGL +5.76% 42 Cyclically Adjusted PB Ratio is 0.57 as of Aug. 05, 2026, which is 4% above its 10-year median of 0.55. GuruFocus rates NAI:SGL with a GF Score™ of 42/100 and a GF Value™ of KES3.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 700 Media - Diversified companies, The Standard Group ranks better than 70.43% on this metric.

As of today (2026-08-05), The Standard Group's current share price is KES6.24. The Standard Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was KES10.95. The Standard Group's Cyclically Adjusted PB Ratio for today is 0.57.

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

NAI:SGL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.55   Max: 1.07
Current: 0.54

During the past 13 years, The Standard Group's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.28. And the median was 0.55.

NAI:SGL's Cyclically Adjusted PB Ratio is ranked better than
70.43% of 700 companies
in the Media - Diversified industry
Industry Median: 0.97 vs NAI:SGL: 0.54

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.

The Standard Group's adjusted book value per share data of for the fiscal year that ended in Dec24 was KES-26.845. 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 KES10.95 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Standard Group  (NAI:SGL) 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.


The Standard Group Cyclically Adjusted PB Ratio Related Terms


The Standard Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Standard 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.

The Standard Group Cyclically Adjusted PB Ratio Chart

The Standard Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.64 0.52 0.47 0.46

The Standard Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.47 0.00 0.46 0.00

NAI:SGL vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, The Standard 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.


The Standard Group Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Standard Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NAI:SGL
42GF Score
The Standard Group PLC NAI:SGL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Standard 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.24/10.95
=0.57

* 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.

The Standard Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, The Standard Group's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-26.845/315.6050*315.6050
=-26.845

Current CPI (Dec24) = 315.6050.

The Standard Group Annual Data

Book Value per Share CPI Adj_Book
201512 20.811 236.525 27.769
201612 22.955 241.432 30.007
201712 19.638 246.524 25.141
201812 20.318 251.233 25.524
201912 14.463 256.974 17.763
202012 11.290 260.474 13.680
202112 9.968 278.802 11.284
202212 -0.077 296.797 -0.082
202312 -14.348 306.746 -14.762
202412 -26.845 315.605 -26.845

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 0.57 mean?
The Standard Group (NAI:SGL) has a Cyclically Adjusted PB Ratio of 0.57 as of Aug. 05, 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 The Standard Group and its competitors. This is near median its historical median of 0.55. Over the past decade, The Standard Group's Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.07. According to the industry distribution chart, The Standard Group ranks #207 out of 700 companies in the Media - Diversified industry, placing it in the top 29.6%.
Is The Standard Group's Cyclically Adjusted PB Ratio too high?
The Standard Group's current Cyclically Adjusted PB Ratio of 0.57 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.07. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. The Standard Group's value of 0.57 is 41.2% below this industry median. Based on the distribution chart, The Standard Group ranks #207 out of 700 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, The Standard Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Standard Group's Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, The Standard Group ranks #207 out of 700 companies for Cyclically Adjusted PB Ratio. This puts The Standard Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. The Standard Group's value of 0.57 is 41.2% below this benchmark. Historically, The Standard Group's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.07 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.97, The Standard 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 700 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. The Standard Group's current Cyclically Adjusted PB Ratio of 0.57 is 41.2% 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 The Standard Group and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Standard Group's current Cyclically Adjusted PB Ratio is 0.57, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Standard Group stock overvalued right now?
Based on GuruFocus' analysis, The Standard Group (NAI:SGL) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.38, compared to a current price of KES6.24 — trading 84.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is near median its 10-year median of 0.55 and 41.2% below the Media - Diversified industry median of 0.97. The Standard Group's overall GF Score™ is 42/100 with 6 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 The Standard Group (NAI:SGL), the current Cyclically Adjusted PB Ratio is 0.57 as of Aug. 05, 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 The Standard Group (NAI:SGL) Overvalued in 2026?

Based on GuruFocus' analysis, The Standard Group stock appears to be overvalued. The current stock price of KES6.24 is trading 84.6% above its estimated GF Value™ of KES3.38. GuruFocus considers The Standard Group to be Significantly Overvalued.

Key valuation signals for NAI:SGL:

  • Cyclically Adjusted PB Ratio: 0.57 (near median its 10-year median of 0.55)
  • GF Value™: KES3.38 vs. price of KES6.24 (84.6% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 41.2% below the Media - Diversified median (#207 of 700)

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


The Standard Group Business Description

Address Mombasa Road, P.O. Box 30080, The Standard Group Centre, Nairobi, KEN, 00100
The Standard Group PLC is a multimedia media company in Kenya. The company gathers and shares information through print, Television, Radio, and Digital Media. The company provides a wide range of media products: print titles like The Standard, The Nairobian, and The Standard Courier; radio stations including Radio Maisha, Spice FM, Vybez Radio, and Berur FM; TV channels such as KTN Home, KTN News, BTV, and KTN Farmers TV; and digital services like the E-paper, Reader Revenue, Standardmedia. co.ke, Digger Classifieds, and Value Added Services. The segments of the company are Print and Broadcast.
42GF Score

Get the complete analysis for NAI:SGL

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

KES6.24
Price
KES3.38
GF Value