Wilson Bayly Holmes-Ovcon (JSE:WBO) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 30, 2026) — Near Median

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JSE:WBO Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
84 GF Score
Price R154.49
GF Value R171.36
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Wilson Bayly Holmes-Ovcon Cyclically Adjusted PS Ratio?

Wilson Bayly Holmes-Ovcon JSE:WBO -0.85% 84 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 30, 2026, which is at its 10-year median of 0.22. GuruFocus rates JSE:WBO with a GF Score™ of 84/100 and a GF Value™ of R171.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,359 Construction companies, Wilson Bayly Holmes-Ovcon ranks better than 82.86% on this metric.

As of today (2026-07-30), Wilson Bayly Holmes-Ovcon's current share price is R154.49. Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was R703.63. Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio for today is 0.22.

The historical rank and industry rank for Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio or its related term are showing as below:

JSE:WBO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.22   Max: 0.39
Current: 0.22

During the past 13 years, Wilson Bayly Holmes-Ovcon's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.11. And the median was 0.22.

JSE:WBO's Cyclically Adjusted PS Ratio is ranked better than
82.86% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs JSE:WBO: 0.22

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.

Wilson Bayly Holmes-Ovcon's adjusted revenue per share data of for the fiscal year that ended in Jun25 was R536.373. 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 R703.63 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wilson Bayly Holmes-Ovcon  (JSE:WBO) 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.


Wilson Bayly Holmes-Ovcon Cyclically Adjusted PS Ratio Related Terms


Wilson Bayly Holmes-Ovcon Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wilson Bayly Holmes-Ovcon'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.

Wilson Bayly Holmes-Ovcon Cyclically Adjusted PS Ratio Chart

Wilson Bayly Holmes-Ovcon Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.12 0.15 0.22 0.26

Wilson Bayly Holmes-Ovcon 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 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 0.00 0.22 0.00 0.26 0.00

JSE:WBO vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.


Wilson Bayly Holmes-Ovcon Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio falls into.


JSE:WBO
84GF Score
Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wilson Bayly Holmes-Ovcon 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.

Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=154.49/703.63
=0.22

* 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.

Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Wilson Bayly Holmes-Ovcon's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=536.373/160.9852*160.9852
=536.373

Current CPI (Jun25) = 160.9852.

Wilson Bayly Holmes-Ovcon Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 558.599 106.713 842.694
201706 594.386 112.054 853.941
201806 658.529 116.959 906.416
201906 764.605 122.191 1,007.359
202006 810.359 124.807 1,045.260
202106 365.878 131.113 449.238
202206 324.181 140.835 370.564
202306 448.103 148.802 484.793
202406 523.818 156.269 539.628
202506 536.373 160.985 536.373

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 0.22 mean?
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Cyclically Adjusted PS Ratio of 0.22 as of Jul. 30, 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 Wilson Bayly Holmes-Ovcon and its competitors. This is near median its historical median of 0.22. Over the past decade, Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.39. According to the industry distribution chart, Wilson Bayly Holmes-Ovcon ranks #233 out of 1359 companies in the Construction industry, placing it in the top 17.1%.
Is Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio too high?
Wilson Bayly Holmes-Ovcon's current Cyclically Adjusted PS Ratio of 0.22 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.39. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Wilson Bayly Holmes-Ovcon's value of 0.22 is 68.6% below this industry median. Based on the distribution chart, Wilson Bayly Holmes-Ovcon ranks #233 out of 1359 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Wilson Bayly Holmes-Ovcon ranks #233 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Wilson Bayly Holmes-Ovcon in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Wilson Bayly Holmes-Ovcon's value of 0.22 is 68.6% below this benchmark. Historically, Wilson Bayly Holmes-Ovcon's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.39 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.70, Wilson Bayly Holmes-Ovcon 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. Wilson Bayly Holmes-Ovcon's current Cyclically Adjusted PS Ratio of 0.22 is 68.6% 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 Wilson Bayly Holmes-Ovcon and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wilson Bayly Holmes-Ovcon's current Cyclically Adjusted PS Ratio is 0.22, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Modestly Undervalued. The stock's GF Value™ is R171.36, compared to a current price of R154.49 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is near median its 10-year median of 0.22 and 68.6% below the Construction industry median of 0.70. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 84/100 with 2 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 Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Cyclically Adjusted PS Ratio is 0.22 as of Jul. 30, 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?

Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be undervalued. The current stock price of R154.49 is trading 9.8% below its estimated GF Value™ of R171.36. GuruFocus considers Wilson Bayly Holmes-Ovcon to be Modestly Undervalued.

Key valuation signals for JSE:WBO:

  • Cyclically Adjusted PS Ratio: 0.22 (near median its 10-year median of 0.22)
  • GF Value™: R171.36 vs. price of R154.49 (9.8% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 68.6% below the Construction median (#233 of 1359)

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


Wilson Bayly Holmes-Ovcon Business Description

Other Exchanges WQ9:Germany
Address 53 Andries Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
84GF Score

Get the complete analysis for JSE:WBO

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

R154.49
Price
R171.36
GF Value