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Jacobs Solutions (BSP:J1EG34) Cyclically Adjusted PB Ratio : 3.06 (As of Jun. 09, 2024)


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What is Jacobs Solutions Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Jacobs Solutions's current share price is R$365.93. Jacobs Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$119.45. Jacobs Solutions's Cyclically Adjusted PB Ratio for today is 3.06.

The historical rank and industry rank for Jacobs Solutions's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:J1EG34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.42   Max: 3.65
Current: 2.78

During the past years, Jacobs Solutions's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 1.42. And the median was 2.42.

BSP:J1EG34's Cyclically Adjusted PB Ratio is ranked worse than
80.11% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs BSP:J1EG34: 2.78

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.

Jacobs Solutions's adjusted book value per share data for the three months ended in Mar. 2024 was R$131.719. 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$119.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jacobs Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jacobs Solutions's Cyclically Adjusted PB Ratio 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.

Jacobs Solutions Cyclically Adjusted PB Ratio Chart

Jacobs Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 2.46 3.20 2.35 2.79

Jacobs Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 2.48 2.47 2.79 2.65 3.07

Competitive Comparison of Jacobs Solutions's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Jacobs Solutions'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.


Jacobs Solutions's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jacobs Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jacobs Solutions's Cyclically Adjusted PB Ratio falls into.



Jacobs Solutions Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Jacobs Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=365.93/119.45
=3.06

* 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.

Jacobs Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jacobs Solutions'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)
=131.719/131.7762*131.7762
=131.719

Current CPI (Mar. 2024) = 131.7762.

Jacobs Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.833 100.560 49.578
201409 39.652 100.428 52.029
201412 45.280 99.070 60.229
201503 54.255 99.621 71.767
201506 54.555 100.684 71.402
201509 68.011 100.392 89.273
201512 68.045 99.792 89.854
201603 66.243 100.470 86.884
201606 62.230 101.688 80.643
201609 57.361 101.861 74.207
201612 56.334 101.863 72.877
201703 53.417 102.862 68.432
201706 57.893 103.349 73.817
201709 57.614 104.136 72.906
201712 68.307 104.011 86.541
201803 68.680 105.290 85.957
201806 79.284 106.317 98.270
201809 84.566 106.507 104.630
201812 79.564 105.998 98.914
201903 76.934 107.251 94.527
201906 85.999 108.070 104.864
201909 88.583 108.329 107.756
201912 92.650 108.420 112.609
202003 104.535 108.902 126.493
202006 116.294 108.767 140.895
202009 121.022 109.815 145.225
202012 120.660 109.897 144.682
202103 130.052 111.754 153.352
202106 118.732 114.631 136.490
202109 121.642 115.734 138.503
202112 132.885 117.630 148.866
202203 117.315 121.301 127.446
202206 117.378 125.017 123.724
202209 124.718 125.227 131.241
202212 128.043 125.222 134.745
202303 131.024 127.348 135.580
202306 125.732 128.729 128.709
202309 128.316 129.860 130.210
202312 130.265 129.419 132.637
202403 131.719 131.776 131.719

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


Jacobs Solutions  (BSP:J1EG34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Jacobs Solutions Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Jacobs Solutions's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jacobs Solutions (BSP:J1EG34) Business Description

Traded in Other Exchanges
Address
1999 Bryan Street, Suite 1200, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.

Jacobs Solutions (BSP:J1EG34) Headlines

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