Choppies EnterprisesJSE:CHP 41 PB Ratio is 4.93 as of Jul. 09, 2026, which is 24% above its 10-year median of 3.98. GuruFocus rates JSE:CHP with a GF Score™ of 41/100 and a GF Value™ of R0.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 306 Retail - Defensive companies, Choppies Enterprises ranks worse than 84.97% on this metric.
Choppies Enterprises Ltd stock PB Ratio (=4.9) is close to 1-year low of 4.9.
The historical rank and industry rank for Choppies Enterprises's PB Ratio or its related term are showing as below:
JSE:CHP'
s PB Ratio Range Over the Past 10 Years
Min: 1.13 Med: 3.98 Max: 33.83
Current: 4.91
During the past 13 years, Choppies Enterprises's highest PB Ratio was 33.83. The lowest was 1.13. And the median was 3.98.
JSE:CHP's PB Ratio is ranked worse than 84.97% of 306
companies
in the Retail - Defensive industry
Industry Median: 1.685
vs JSE:CHP: 4.91
During the past 12 months, Choppies Enterprises's average Book Value Per Share Growth Rate was 32.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Choppies Enterprises was 33.30% per year. The lowest was -120.90% per year. And the median was 9.25% per year.
Back to Basics: PB Ratio
Choppies Enterprises (JSE:CHP) PB Ratio Explanation
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.
Choppies Enterprises PB Ratio Related Terms
Choppies Enterprises PB Ratio Historical Data
* Premium members only.
The historical data trend for Choppies Enterprises'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.
For the Grocery Stores subindustry, Choppies Enterprises'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.
Choppies Enterprises PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Choppies Enterprises's PB Ratio distribution charts can be found below:
* The bar in red indicates where Choppies Enterprises's PB Ratio falls into.
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.
* 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.
Choppies Enterprises (JSE:CHP) has a PB Ratio of 4.93 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Choppies Enterprises and its competitors. This is 24% above median its historical median of 3.98. Over the past decade, Choppies Enterprises' PB Ratio has ranged from 1.13 to 33.83. According to the industry distribution chart, Choppies Enterprises ranks #260 out of 306 companies in the Retail - Defensive industry, placing it in the top 85%.
Is Choppies Enterprises' PB Ratio too high?
Choppies Enterprises' current PB Ratio of 4.93 is 24% above median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 33.83. The Retail - Defensive industry median PB Ratio is 1.69. Choppies Enterprises' value of 4.93 is 192.6% above this industry median. Based on the distribution chart, Choppies Enterprises ranks #260 out of 306 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Choppies Enterprises has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Choppies Enterprises ranks #260 out of 306 companies for PB Ratio. This places Choppies Enterprises in the lower half of its industry. The industry median PB Ratio is 1.69. Choppies Enterprises' value of 4.93 is 192.6% above this benchmark. Historically, Choppies Enterprises' own PB Ratio has ranged from 1.13 to 33.83 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 1.69, Choppies Enterprises 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.69, based on 306 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. Choppies Enterprises's current PB Ratio of 4.93 is 192.6% 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 Choppies Enterprises and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choppies Enterprises's current PB Ratio is 4.93, which is 24% above median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.40 — trading 68.7% above its estimated fair value. The current PB Ratio is 4.93, which is 24% above median its 10-year median of 3.98 and 192.6% above the Retail - Defensive industry median of 1.69. Choppies Enterprises' overall GF Score™ is 41/100 with 3 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 Choppies Enterprises (JSE:CHP), the current PB Ratio is 4.93 as of Jul. 09, 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?
Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued.
The current stock price of R1.40 is trading 68.7% above its estimated GF Value™ of R0.83.
GuruFocus considers Choppies Enterprises to be Significantly Overvalued.
Key valuation signals for JSE:CHP:
PB Ratio: 4.93 (24% above median its 10-year median of 3.98)
GF Value™: R0.83 vs. price of R1.40 (68.7% above fair value)
Industry Position: 192.6% above the Retail - Defensive median (#260 of 306)
No single metric tells the full story. See the JSE:CHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
41GF Score
Get the complete analysis for JSE:CHP
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:CHP has been successfully added to your 
