PPC (JSE:PPC) Pre-Tax Income: R1,247 Mil (TTM As of Mar. 2026)

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JSE:PPC PPC Ltd JSE:PPC
69 GF Score
Price R6.75
GF Value R4.62
Valuation Significantly Overvalued
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What is PPC Pre-Tax Income?

PPC JSE:PPC -2.88% 69 Pre-Tax Income is R1,247 Mil as of Mar. 2026. GuruFocus rates JSE:PPC with a GF Score™ of 69/100 and a GF Value™ of R4.62 (Significantly Overvalued).

Pretax income is the income that a company earns before paying income taxes. PPC's pretax income for the six months ended in Mar. 2026 was R699 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was R1,247 Mil. PPC's pretax margin was 14.34%.

During the past 13 years, PPC's highest Pretax Margin was 19.75%. The lowest was -9.91%. And the median was 2.10%.


PPC  (JSE:PPC) Pre-Tax Income Explanation

PPC's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=699/4873
=14.34%

During the past 13 years, PPC's highest Pretax Margin was 19.75%. The lowest was -9.91%. And the median was 2.10%.

* 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.


PPC Pre-Tax Income Related Terms


PPC Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for PPC's Pre-Tax Income 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.

PPC Pre-Tax Income Chart

PPC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.00 -126.00 233.00 774.00 1,247.00

PPC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Pre-Tax Income 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 -124.00 474.00 300.00 548.00 699.00

JSE:PPC vs CRH, VMC, MLM: Pre-Tax Income Comparison

For the Building Materials subindustry, PPC's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


PPC Pre-Tax Income vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PPC's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where PPC's Pre-Tax Income falls into.


JSE:PPC
69GF Score
PPC Ltd JSE:PPC
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPC Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

PPC's Pretax Income for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1473+0+-82+56+-200
=1,247

PPC's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=785+0+-45+0+-41
=699

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,247 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of R1,247 Mil mean?
PPC (JSE:PPC) has a Pre-Tax Income of R1,247 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on PPC and its competitors.
Is PPC's Pre-Tax Income too high?
PPC's current Pre-Tax Income is R1,247 Mil. Overall, PPC has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Pre-Tax Income compare to CRH and VMC?
PPC's Pre-Tax Income of R1,247 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Building Materials company?
A good Pre-Tax Income depends on the Building Materials industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on PPC and its competitors. PPC's current Pre-Tax Income is R1,247 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (JSE:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.62, compared to a current price of R6.75 — trading 46.1% above its estimated fair value. The current Pre-Tax Income is R1,247 Mil. PPC's overall GF Score™ is 69/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For PPC (JSE:PPC), the current Pre-Tax Income is R1,247 Mil as of Mar. 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 PPC (JSE:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, PPC stock appears to be overvalued. The current stock price of R6.75 is trading 46.1% above its estimated GF Value™ of R4.62. GuruFocus considers PPC to be Significantly Overvalued.

Key valuation signals for JSE:PPC:

  • Pre-Tax Income: R1,247 Mil
  • GF Value™: R4.62 vs. price of R6.75 (46.1% above fair value)
  • GF Score™: 69/100

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


PPC Business Description

Other Exchanges PPCLY:USAOZV2:Germany
Address 5 Parks Boulevard, First Floor, Oxford Parks, Dunkeld, Johannesburg, GT, ZAF, 2196
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
69GF Score

Get the complete analysis for JSE:PPC

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

R6.75
Price
R4.62
GF Value