Nampak (JSE:NPK) PB Ratio: 1.24 (As of Jul. 16, 2026) — 39% Above 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.

JSE:NPK Nampak Ltd JSE:NPK
50 GF Score
Price R430.03
GF Value R472.46
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nampak PB Ratio?

Nampak JSE:NPK -2.71% 50 PB Ratio is 1.24 as of Jul. 16, 2026, which is 39% above its 10-year median of 0.89. GuruFocus rates JSE:NPK with a GF Score™ of 50/100 and a GF Value™ of R472.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 388 Packaging & Containers companies, Nampak ranks worse than 52.06% 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 (2026-07-16), Nampak's share price is R430.03. Nampak's Book Value per Share for the quarter that ended in Mar. 2026 was R347.61. Hence, Nampak's PB Ratio of today is 1.24.

Good Sign:

Nampak Ltd stock PB Ratio (=1.29) is close to 2-year low of 1.29.

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

JSE:NPK' s PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.89   Max: 3.86
Current: 1.24

During the past 13 years, Nampak's highest PB Ratio was 3.86. The lowest was 0.04. And the median was 0.89.

JSE:NPK's PB Ratio is ranked worse than
52.06% of 388 companies
in the Packaging & Containers industry
Industry Median: 1.2 vs JSE:NPK: 1.24

During the past 12 months, Nampak's average Book Value Per Share Growth Rate was 61.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -39.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -37.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -25.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nampak was 10.30% per year. The lowest was -53.30% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


Nampak  (JSE:NPK) 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.


Nampak PB Ratio Related Terms


Nampak PB Ratio Historical Data

* Premium members only.

The historical data trend for Nampak'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.

Nampak PB Ratio Chart

Nampak 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 0.43 0.25 1.07 3.15 1.54

Nampak 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 0.87 3.15 1.90 1.54 1.32

JSE:NPK vs SW, PKG, IP: PB Ratio Comparison

For the Packaging & Containers subindustry, Nampak'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.


Nampak PB Ratio vs Packaging & Containers Industry

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

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


JSE:NPK
50GF Score
Nampak Ltd JSE:NPK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nampak 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.

Nampak's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=430.03/347.612
=1.24

* 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 1.24 mean?
Nampak (JSE:NPK) has a PB Ratio of 1.24 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nampak and its competitors. This is 39% above median its historical median of 0.89. Over the past decade, Nampak's PB Ratio has ranged from 0.04 to 3.86. According to the industry distribution chart, Nampak ranks #202 out of 388 companies in the Packaging & Containers industry, placing it in the top 52.1%.
Is Nampak's PB Ratio too high?
Nampak's current PB Ratio of 1.24 is 39% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 3.86. The Packaging & Containers industry median PB Ratio is 1.20. Nampak's value of 1.24 is 3.3% above this industry median. Based on the distribution chart, Nampak ranks #202 out of 388 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Nampak has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nampak's PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Nampak ranks #202 out of 388 companies for PB Ratio. This places Nampak in the lower half of its industry. The industry median PB Ratio is 1.20. Nampak's value of 1.24 is 3.3% above this benchmark. Historically, Nampak's own PB Ratio has ranged from 0.04 to 3.86 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.20, Nampak 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 PB Ratio for a Packaging & Containers company?
The median PB Ratio among Packaging & Containers companies is 1.20, based on 388 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. Nampak's current PB Ratio of 1.24 is 3.3% 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 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 Nampak and its competitors. For the Packaging & Containers industry, the median PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nampak's current PB Ratio is 1.24, which is 39% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nampak stock overvalued right now?
Based on GuruFocus' analysis, Nampak (JSE:NPK) is currently considered Fairly Valued. The stock's GF Value™ is R472.46, compared to a current price of R430.03 — trading 9% below its estimated fair value. The current PB Ratio is 1.24, which is 39% above median its 10-year median of 0.89 and 3.3% above the Packaging & Containers industry median of 1.20. Nampak's overall GF Score™ is 50/100 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 Nampak (JSE:NPK), the current PB Ratio is 1.24 as of Jul. 16, 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 Nampak (JSE:NPK) Overvalued in 2026?

Based on GuruFocus' analysis, Nampak stock appears to be undervalued. The current stock price of R430.03 is trading 9% below its estimated GF Value™ of R472.46. GuruFocus considers Nampak to be Fairly Valued.

Key valuation signals for JSE:NPK:

  • PB Ratio: 1.24 (39% above median its 10-year median of 0.89)
  • GF Value™: R472.46 vs. price of R430.03 (9% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 3.3% above the Packaging & Containers median (#202 of 388)

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


Nampak Business Description

Address 1 Waterhouse Place, Office G6, Century, ZAF, 7441
Nampak Ltd is a metals packaging company in South Africa and Angola, and also has substantial positions in other metal packaging. It is the producer of two-piece tinplate cans and aluminium monobloc aerosol cans. The company's operating segments include Metals, which involves the manufacture of beverage cans, food cans, aerosol cans, and other metal packaging, and Corporate, which provides for head office activities, treasury, property services, and consolidation adjustments, including goodwill. The majority of revenue comes from the Metals segment and from South Africa.
50GF Score

Get the complete analysis for JSE:NPK

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

R430.03
Price
R472.46
GF Value