PBT HoldingsJSE:PBT +1.18%83 Pretax Margin % is 12.98% as of Sep. 2025, which is 22% above its 10-year median of 10.62. GuruFocus rates JSE:PBT with a GF Score™ of 83/100 and a GF Value™ of R6.96 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,823 Software companies, PBT Holdings ranks better than 76.59% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PBT Holdings's Pre-Tax Income for the
six
months ended in Sep. 2025 was R74 Mil. PBT Holdings's Revenue for the
six
months ended in Sep. 2025 was R568 Mil. Therefore, PBT Holdings's pretax margin for the quarter that ended in Sep. 2025 was 12.98%.
The historical rank and industry rank for PBT Holdings's Pretax Margin % or its related term are showing as below:
JSE:PBT'
s Pretax Margin % Range Over the Past 10 Years
Min: -21.1 Med: 10.62 Max: 13.49
Current: 13.19
JSE:PBT's Pretax Margin % is ranked better than 76.59% of 2823
companies
in the Software industry
Industry Median: 3.51
vs JSE:PBT: 13.19
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PBT Holdings Pretax Margin % Related Terms
PBT Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for PBT Holdings's Pretax Margin % 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.
JSE:PBT vs IBM, ACN, FISV: Pretax Margin % Comparison
For the Information Technology Services subindustry, PBT Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
PBT Holdings Pretax Margin % vs Software Industry
For the Software industry and Technology sector, PBT Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PBT Holdings's Pretax Margin % falls into.
* 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.
PBT Holdings (JSE:PBT) has a Pretax Margin % of 12.98% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PBT Holdings and its competitors. This is 22% above median its historical median of 10.62. According to the industry distribution chart, PBT Holdings ranks #661 out of 2823 companies in the Software industry, placing it in the top 23.4%.
Is PBT Holdings' Pretax Margin % too high?
PBT Holdings' current Pretax Margin % of 12.98% is 22% above median its 10-year median of 10.62. The Software industry median Pretax Margin % is 3.51. PBT Holdings' value of 12.98% is 269.8% above this industry median. Based on the distribution chart, PBT Holdings ranks #661 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PBT Holdings has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PBT Holdings' Pretax Margin % compare to IBM and ACN?
According to the Software industry distribution chart, PBT Holdings ranks #661 out of 2823 companies for Pretax Margin %. This places PBT Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.51. PBT Holdings' value of 12.98% is 269.8% above this benchmark. While the company's 10-year median is 10.62 vs. the industry median of 3.51, PBT Holdings 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 Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.51, based on 2,823 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PBT Holdings's current Pretax Margin % of 12.98% is 269.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PBT Holdings and its competitors. For the Software industry, the median Pretax Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBT Holdings's current Pretax Margin % is 12.98%, which is 22% above median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBT Holdings stock overvalued right now?
Based on GuruFocus' analysis, PBT Holdings (JSE:PBT) is currently considered Fairly Valued. The stock's GF Value™ is R6.96, compared to a current price of R6.88 — trading 1.1% below its estimated fair value. The current Pretax Margin % is 12.98%, which is 22% above median its 10-year median of 10.62 and 269.8% above the Software industry median of 3.51. PBT Holdings' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PBT Holdings (JSE:PBT), the current Pretax Margin % is 12.98% as of Sep. 2025. 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 PBT Holdings (JSE:PBT) Overvalued in 2026?
Based on GuruFocus' analysis, PBT Holdings stock appears to be undervalued.
The current stock price of R6.88 is trading 1.1% below its estimated GF Value™ of R6.96.
GuruFocus considers PBT Holdings to be Fairly Valued.
Key valuation signals for JSE:PBT:
Pretax Margin %: 12.98% (22% above median its 10-year median of 10.62)
GF Value™: R6.96 vs. price of R6.88 (1.1% below fair value)
Industry Position: 269.8% above the Software median (#661 of 2823)
No single metric tells the full story. See the JSE:PBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PBT Holdings Ltd, formerly known as PBT Group Ltd, is a South African-based company that offers information management and data analytics services. It serves finance, insurance, telecommunications, retail, petroleum and medical healthcare industries. The services provided by the company include data engineering, analytics and visualization, artificial intelligence, managed solutions, advisory and strategic services, application development and others. Its operating segments are based on geographical locations namely South Africa, Europe and the United Kingdom. The segment includes consulting and implementation of data, management information software and healthcare administration services provided in the Republic of South Africa, Europe, the United Kingdom, and also Australia.
83GF Score
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