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JB Hunt Transport Services (BSP:J1BH34) Cyclically Adjusted Book per Share : R$3.53 (As of Mar. 2024)


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What is JB Hunt Transport Services Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

JB Hunt Transport Services's adjusted book value per share for the three months ended in Mar. 2024 was R$5.913. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$3.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JB Hunt Transport Services's average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of JB Hunt Transport Services was 20.70% per year. The lowest was 3.40% per year. And the median was 7.30% per year.

As of today (2024-05-21), JB Hunt Transport Services's current stock price is R$27.87. JB Hunt Transport Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$3.53. JB Hunt Transport Services's Cyclically Adjusted PB Ratio of today is 7.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JB Hunt Transport Services was 15.13. The lowest was 6.49. And the median was 11.69.


JB Hunt Transport Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for JB Hunt Transport Services's Cyclically Adjusted Book per Share 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.

* Premium members only.

JB Hunt Transport Services Cyclically Adjusted Book per Share Chart

JB Hunt Transport Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.07 3.20 3.00

JB Hunt Transport Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 3.16 2.98 2.98 3.00 3.53

Competitive Comparison of JB Hunt Transport Services's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, JB Hunt Transport Services's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


JB Hunt Transport Services's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JB Hunt Transport Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JB Hunt Transport Services's Cyclically Adjusted PB Ratio falls into.



JB Hunt Transport Services Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, JB Hunt Transport Services's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.913/131.7762*131.7762
=5.913

Current CPI (Mar. 2024) = 131.7762.

JB Hunt Transport Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.610 100.560 0.799
201409 0.681 100.428 0.894
201412 0.803 99.070 1.068
201503 1.013 99.621 1.340
201506 1.054 100.684 1.379
201509 1.251 100.392 1.642
201512 1.303 99.792 1.721
201603 1.242 100.470 1.629
201606 1.233 101.688 1.598
201609 1.181 101.861 1.528
201612 1.253 101.863 1.621
201703 1.148 102.862 1.471
201706 1.247 103.349 1.590
201709 1.236 104.136 1.564
201712 1.624 104.011 2.058
201803 1.707 105.290 2.136
201806 2.063 106.317 2.557
201809 2.303 106.507 2.849
201812 2.208 105.998 2.745
201903 2.289 107.251 2.812
201906 2.268 108.070 2.766
201909 2.494 108.329 3.034
201912 2.577 108.420 3.132
202003 3.110 108.902 3.763
202006 3.458 108.767 4.190
202009 3.738 109.815 4.486
202012 3.724 109.897 4.465
202103 4.269 111.754 5.034
202106 3.935 114.631 4.524
202109 4.321 115.734 4.920
202112 4.934 117.630 5.527
202203 4.545 121.301 4.937
202206 4.755 125.017 5.012
202209 5.221 125.227 5.494
202212 5.453 125.222 5.738
202303 5.613 127.348 5.808
202306 5.404 128.729 5.532
202309 5.659 129.860 5.743
202312 5.730 129.419 5.834
202403 5.913 131.776 5.913

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


JB Hunt Transport Services  (BSP:J1BH34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

JB Hunt Transport Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.87/3.53
=7.90

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JB Hunt Transport Services was 15.13. The lowest was 6.49. And the median was 11.69.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


JB Hunt Transport Services Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of JB Hunt Transport Services's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


JB Hunt Transport Services (BSP:J1BH34) Business Description

Traded in Other Exchanges
Address
615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130
J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales in 2023); dedicated trucking services that provide customer-specific fleet needs (28%); for-hire truckload (6%); heavy goods final-mile delivery (7%), and asset-light truck brokerage (11%).

JB Hunt Transport Services (BSP:J1BH34) Headlines

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