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.

Symbol
RSI (14)
Price
Change %
Volume
Rel Volume
Market cap
P/E
EPS dil
TTM
EPS dil growth
TTM YoY
Div yield %
TTM
Sector
Analyst Rating
LTELIGHTHOUSE PROPERTIES PLC83.61686 ZAC+1.48%387.69K1.0312.374B ZAR18.000.38 ZAR8.33%Finance
TCPTRANSACTION CAPITAL LTD82.38819 ZAC−0.24%1.208M0.366.274B ZAR−1.23 ZAR−136.87%8.52%Commercial Services
Strong buy
NRPNEPI ROCKCASTLE N.V.75.8211751 ZAC−0.05%917.509K0.6577.687B ZAR7.4115.86 ZAR+252.94%8.02%Finance
Buy
CLSCLICKS GROUP LTD75.6831246 ZAC+1.10%440.099K0.4773.578B ZAR29.9810.42 ZAR+40.13%2.08%Retail Trade
Neutral
TBSTIGER BRANDS LTD73.7319165 ZAC+0.87%101.331K0.1829.696B ZAR11.2717.00 ZAR+50.44%5.12%Consumer Non-Durables
Buy