The most 'overvalued' stocks in South Africa

Stocks that have significantly increased in value due to a large volume of demand are called overbought. This is often the case when there are many more buyers than sellers, whose actions to gain exposure to the asset — come what may — push the price up so high that it can no longer be justified by the company's underlying financials. Another common scenario that causes stocks to become overbought is when a business buys back its own stocks. Just be careful when buying overvalued stocks, as there could be a retracement.

Ticker
Price
Chg %1D
Chg1D
Technical Rating1D
Vol1D
Volume*price1D
Mkt cap
P/E
EPS (TTM)
Employees
Sector
ABGABSA GROUP LIMITED18738ZAC−0.01%−2ZAC
Buy
3.704M69.407B154.964BZAR8.7721.40ZAR35.267KFinance
LHCLIFE HEALTHC GRP HLDGS LTD2131ZAC0.38%8ZAC
Buy
3.596M7.662B30.859BZAR20.071.06ZARHealth Services
MRPMR PRICE GROUP LTD19911ZAC0.12%24ZAC
Buy
1.113M22.152B51.313BZAR15.6612.98ZAR20.837KRetail Trade
MTMMOMENTUM MET HLDGS LTD1681ZAC−0.83%−14ZAC
Buy
7.23M12.153B24.139BZAR104.500.16ZAR16.483KFinance
PFBPREMIER FISHING BRANDS LTD119ZAC−0.83%−1ZAC
Buy
2K238K309.4MZAR−0.02ZARProcess Industries
PIKPICK N PAY STORES LTD6357ZAC3.40%209ZAC
Strong Buy
2.032M12.915B29.486BZAR24.362.53ZAR90KRetail Trade
RLOREUNERT LTD4801ZAC0.40%19ZAC
Buy
424.784K2.039B7.627BZAR9.874.87ZAR5.691KConsumer Durables
SPPTHE SPAR GROUP LTD15803ZAC1.03%161ZAC
Buy
2.017M31.876B30.193BZAR13.4411.65ZARDistribution Services
TFGTHE FOSCHINI GROUP LIMITED14054ZAC1.22%169ZAC
Buy
2.11M29.654B44.898BZAR15.529.02ZAR32.842KRetail Trade
TPCTRANSPACO LTD2848ZAC5.44%147ZAC
Strong Buy
21.367K60.853M863.398MZAR6.674.05ZAR1.522KProcess Industries
TRUTRUWORTHS INT LTD6001ZAC4.82%276ZAC
Strong Buy
4.436M26.621B20.984BZAR9.516.07ZAR10.328KRetail Trade