KAL Group (JSE:KAL) PB Ratio: 0.96 (As of Aug. 22, 2026) — 15% Below Median

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JSE:KAL KAL Group Ltd JSE:KAL
92 GF Score
Price R50.00
GF Value R43.66
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is KAL Group PB Ratio?

KAL Group JSE:KAL 92 PB Ratio is 0.96 as of Aug. 22, 2026, which is 15% below its 10-year median of 1.13. GuruFocus rates JSE:KAL with a GF Score™ of 92/100 and a GF Value™ of R43.66 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,078 Retail - Cyclical companies, KAL Group ranks better than 65.58% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-22), KAL Group's share price is R50.00. KAL Group's Book Value per Share for the quarter that ended in Mar. 2026 was R52.25. Hence, KAL Group's PB Ratio of today is 0.96.

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

JSE:KAL' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.13   Max: 3.27
Current: 0.96

During the past 12 years, KAL Group's highest PB Ratio was 3.27. The lowest was 0.67. And the median was 1.13.

JSE:KAL's PB Ratio is ranked better than
65.58% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 1.45 vs JSE:KAL: 0.96

During the past 12 months, KAL Group's average Book Value Per Share Growth Rate was 8.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of KAL Group was 14.30% per year. The lowest was 8.70% per year. And the median was 11.60% per year.

Back to Basics: PB Ratio


KAL Group  (JSE:KAL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


KAL Group PB Ratio Related Terms


KAL Group PB Ratio Historical Data

* Premium members only.

The historical data trend for KAL Group's 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.

KAL Group PB Ratio Chart

KAL Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.01 0.83 1.12 0.86

KAL Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.90 1.12 0.84 0.86 0.87

JSE:KAL vs CASY, WSM, ULTA: PB Ratio Comparison

For the Specialty Retail subindustry, KAL Group's PB Ratio, along with its competitors' market caps and 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.


KAL Group PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, KAL Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where KAL Group's PB Ratio falls into.


JSE:KAL
92GF Score
KAL Group Ltd JSE:KAL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KAL Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

KAL Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=50.00/52.248
=0.96

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.96 mean?
KAL Group (JSE:KAL) has a PB Ratio of 0.96 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KAL Group and its competitors. This is 15% below median its historical median of 1.13. Over the past decade, KAL Group's PB Ratio has ranged from 0.67 to 3.27. According to the industry distribution chart, KAL Group ranks #371 out of 1078 companies in the Retail - Cyclical industry, placing it in the top 34.4%.
Is KAL Group's PB Ratio too high?
KAL Group's current PB Ratio of 0.96 is 15% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 3.27. The Retail - Cyclical industry median PB Ratio is 1.45. KAL Group's value of 0.96 is 33.8% below this industry median. Based on the distribution chart, KAL Group ranks #371 out of 1078 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, KAL Group has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KAL Group's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, KAL Group ranks #371 out of 1078 companies for PB Ratio. This puts KAL Group in the upper half of its industry. The industry median PB Ratio is 1.45. KAL Group's value of 0.96 is 33.8% below this benchmark. Historically, KAL Group's own PB Ratio has ranged from 0.67 to 3.27 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.45, KAL 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 PB Ratio for a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.45, based on 1,078 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KAL Group's current PB Ratio of 0.96 is 33.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KAL Group and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KAL Group's current PB Ratio is 0.96, which is 15% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAL Group stock overvalued right now?
Based on GuruFocus' analysis, KAL Group (JSE:KAL) is currently considered Modestly Overvalued. The stock's GF Value™ is R43.66, compared to a current price of R50.00 — trading 14.5% above its estimated fair value. The current PB Ratio is 0.96, which is 15% below median its 10-year median of 1.13 and 33.8% below the Retail - Cyclical industry median of 1.45. KAL Group's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For KAL Group (JSE:KAL), the current PB Ratio is 0.96 as of Aug. 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 KAL Group (JSE:KAL) Overvalued in 2026?

Based on GuruFocus' analysis, KAL Group stock appears to be overvalued. The current stock price of R50.00 is trading 14.5% above its estimated GF Value™ of R43.66. GuruFocus considers KAL Group to be Modestly Overvalued.

Key valuation signals for JSE:KAL:

  • PB Ratio: 0.96 (15% below median its 10-year median of 1.13)
  • GF Value™: R43.66 vs. price of R50.00 (14.5% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 33.8% below the Retail - Cyclical median (#371 of 1078)

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


KAL Group Business Description

Address 1 Westhoven Street, Suite 110, , Private Bag X3041, Cape Winelands, Paarl, WC, ZAF, 7646
KAL Group Ltd is a lifestyle retailer offering agricultural inputs, fuel (farm and retail), and general and convenience retail products to consumers across Southern Africa. Its segments include Agrimark, PEG, Agrimark Grain and Manufacturing. The majority of the company's revenue is derived from the PEG segment, which operates retail fuel outlets, including convenience stores and quick-service restaurant locations, serving a broad customer base. Geographically, it generates the maximum revenue from South Africa and the rest from Namibia.
92GF Score

Get the complete analysis for JSE:KAL

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

R50.00
Price
R43.66
GF Value