Deneb Investments (JSE:DNB) Cyclically Adjusted PS Ratio: 0.31 (As of Jul. 31, 2026) — Near Median

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JSE:DNB Deneb Investments Ltd JSE:DNB
83 GF Score
Price R2.59
GF Value R2.74
Valuation Fairly Valued
! 5 Warning Signs
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What is Deneb Investments Cyclically Adjusted PS Ratio?

Deneb Investments JSE:DNB 83 Cyclically Adjusted PS Ratio is 0.31 as of Jul. 31, 2026, which is 3% above its 10-year median of 0.30. GuruFocus rates JSE:DNB with a GF Score™ of 83/100 and a GF Value™ of R2.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 471 Conglomerates companies, Deneb Investments ranks better than 72.82% on this metric.

As of today (2026-07-31), Deneb Investments's current share price is R2.59. Deneb Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was R8.42. Deneb Investments's Cyclically Adjusted PS Ratio for today is 0.31.

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

JSE:DNB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.3   Max: 0.34
Current: 0.31

During the past 13 years, Deneb Investments's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.23. And the median was 0.30.

JSE:DNB's Cyclically Adjusted PS Ratio is ranked better than
72.82% of 471 companies
in the Conglomerates industry
Industry Median: 0.78 vs JSE:DNB: 0.31

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Deneb Investments's adjusted revenue per share data of for the fiscal year that ended in Mar26 was R9.481. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R8.42 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deneb Investments  (JSE:DNB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Deneb Investments Cyclically Adjusted PS Ratio Related Terms


Deneb Investments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Deneb Investments's Cyclically Adjusted PS 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.

Deneb Investments Cyclically Adjusted PS Ratio Chart

Deneb Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.30 0.30 0.27 0.31

Deneb Investments 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 PS 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 0.30 0.00 0.27 0.00 0.31

JSE:DNB vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Deneb Investments's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Deneb Investments Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Deneb Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Deneb Investments's Cyclically Adjusted PS Ratio falls into.


JSE:DNB
83GF Score
Deneb Investments Ltd JSE:DNB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deneb Investments Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Deneb Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.59/8.42
=0.31

* 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.

Deneb Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Deneb Investments's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=9.481/164.7700*164.7700
=9.481

Current CPI (Mar26) = 164.7700.

Deneb Investments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 5.411 111.400 8.003
201803 5.901 115.542 8.415
201903 6.682 120.774 9.116
202003 6.609 125.679 8.665
202103 5.983 129.628 7.605
202203 6.465 137.594 7.742
202303 7.346 147.586 8.201
202403 7.830 155.483 8.298
202503 8.408 159.728 8.673
202603 9.481 164.770 9.481

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.31 mean?
Deneb Investments (JSE:DNB) has a Cyclically Adjusted PS Ratio of 0.31 as of Jul. 31, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Deneb Investments and its competitors. This is near median its historical median of 0.30. Over the past decade, Deneb Investments' Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.34. According to the industry distribution chart, Deneb Investments ranks #128 out of 471 companies in the Conglomerates industry, placing it in the top 27.2%.
Is Deneb Investments' Cyclically Adjusted PS Ratio too high?
Deneb Investments' current Cyclically Adjusted PS Ratio of 0.31 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.34. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.78. Deneb Investments' value of 0.31 is 60.3% below this industry median. Based on the distribution chart, Deneb Investments ranks #128 out of 471 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Deneb Investments has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deneb Investments' Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Deneb Investments ranks #128 out of 471 companies for Cyclically Adjusted PS Ratio. This puts Deneb Investments in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Deneb Investments' value of 0.31 is 60.3% below this benchmark. Historically, Deneb Investments' own Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.34 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.78, Deneb Investments 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 PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.78, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deneb Investments's current Cyclically Adjusted PS Ratio of 0.31 is 60.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Deneb Investments and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deneb Investments's current Cyclically Adjusted PS Ratio is 0.31, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deneb Investments stock overvalued right now?
Based on GuruFocus' analysis, Deneb Investments (JSE:DNB) is currently considered Fairly Valued. The stock's GF Value™ is R2.74, compared to a current price of R2.59 — trading 5.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is near median its 10-year median of 0.30 and 60.3% below the Conglomerates industry median of 0.78. Deneb Investments' overall GF Score™ is 83/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Deneb Investments (JSE:DNB), the current Cyclically Adjusted PS Ratio is 0.31 as of Jul. 31, 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 Deneb Investments (JSE:DNB) Overvalued in 2026?

Based on GuruFocus' analysis, Deneb Investments stock appears to be undervalued. The current stock price of R2.59 is trading 5.5% below its estimated GF Value™ of R2.74. GuruFocus considers Deneb Investments to be Fairly Valued.

Key valuation signals for JSE:DNB:

  • Cyclically Adjusted PS Ratio: 0.31 (near median its 10-year median of 0.30)
  • GF Value™: R2.74 vs. price of R2.59 (5.5% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 60.3% below the Conglomerates median (#128 of 471)

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


Deneb Investments Business Description

Address 368 Main Road, 5th Floor, Deneb House, Observatory, Cape Town, WC, ZAF, 7925
Deneb Investments Ltd is a diversified investment company operating in southern Africa. The company's operating segment includes Properties; Industrial Product Manufacturing; Automotive Parts Manufacturing; and Branded Product Distribution. Industrial Product Manufacturing and Branded Product Distribution segments together contribute to the majority of the revenue. Its geographical segments include South Africa, Other African countries, Asia, Europe, North America, and South America, of which the majority of the revenue is generated from South Africa.
83GF Score

Get the complete analysis for JSE:DNB

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

R2.59
Price
R2.74
GF Value