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Jabil (JBL) Cyclically Adjusted PB Ratio : 7.26 (As of Apr. 30, 2024)


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What is Jabil Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Jabil's current share price is $119.87. Jabil's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $16.51. Jabil's Cyclically Adjusted PB Ratio for today is 7.26.

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

JBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.49   Max: 9.16
Current: 7.16

During the past years, Jabil's highest Cyclically Adjusted PB Ratio was 9.16. The lowest was 1.47. And the median was 2.49.

JBL's Cyclically Adjusted PB Ratio is ranked worse than
94.07% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs JBL: 7.16

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.

Jabil's adjusted book value per share data for the three months ended in Feb. 2024 was $21.708. 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 $16.51 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jabil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jabil'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.

Jabil Cyclically Adjusted PB Ratio Chart

Jabil Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.73 4.58 4.01 7.05

Jabil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.33 5.62 7.05 7.05 8.73

Competitive Comparison of Jabil's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Jabil'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.


Jabil's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jabil's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jabil 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.

Jabil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=119.87/16.51
=7.26

* 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.

Jabil's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Jabil's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=21.708/129.4194*129.4194
=21.708

Current CPI (Feb. 2024) = 129.4194.

Jabil Quarterly Data

Book Value per Share CPI Adj_Book
201405 12.057 100.373 15.546
201408 11.549 100.352 14.894
201411 11.568 99.635 15.026
201502 11.585 99.032 15.140
201505 11.926 100.333 15.383
201508 12.052 100.548 15.513
201511 12.504 100.135 16.161
201602 12.903 100.040 16.692
201605 13.034 101.355 16.643
201608 13.038 101.617 16.605
201611 12.965 101.829 16.478
201702 13.224 102.779 16.652
201705 12.969 103.256 16.255
201708 13.242 103.587 16.544
201711 13.214 104.072 16.432
201802 13.263 105.052 16.339
201805 12.874 106.148 15.696
201808 11.849 106.383 14.415
201811 11.975 106.338 14.574
201902 12.083 106.649 14.663
201905 12.130 108.048 14.529
201908 12.294 108.245 14.699
201911 12.053 108.519 14.374
202002 11.537 109.139 13.681
202005 10.841 108.175 12.970
202008 12.047 109.662 14.217
202011 13.154 109.793 15.505
202102 13.987 110.968 16.313
202105 14.560 113.576 16.591
202108 14.782 115.421 16.575
202111 15.302 117.269 16.887
202202 16.412 119.703 17.744
202205 16.968 123.323 17.807
202208 18.089 124.958 18.735
202211 18.841 125.607 19.413
202302 20.062 126.928 20.456
202305 20.830 128.314 21.009
202308 21.829 129.538 21.809
202311 19.705 129.548 19.685
202402 21.708 129.419 21.708

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.


Jabil  (NYSE:JBL) 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.


Jabil Cyclically Adjusted PB Ratio Related Terms

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


Jabil (JBL) Business Description

Industry
Traded in Other Exchanges
Address
10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
Executives
Roberto Ferri officer: SVP, Global Sales 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Gerald Creadon officer: SVP, Operations 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Steven D Borges officer: EVP, CEO, Healthcare 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Kenneth S Wilson officer: EVP, CEO, Green Point C/O JABIL INC., 10560 MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Francis Mckay officer: SVP, Chief Procurement Officer 10800 ROOSEVELT BLVD., ST. PETERSBURG FL 33716
Daryn G. Smith officer: SVP, Controller 10560 DR. MARTIN LUTHER KING JR., ST N, ST. PETERSBURG FL 33617
Thomas A Samsone director JABIL CIRCUIT INC, 10560 DR. MARTIN LUTHER KING JR. ST N, ST PETERSBURG FL 33716-3718
Kristine Melachrino officer: SVP, General Counsel 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Michael Dastoor officer: Controller C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mark T Mondello officer: Chief Operating Officer 10560 DR. MARTIN LUTHER KING JR. ST N, ST PETERSBURG FL 33716-3718
May Yee Yap officer: SVP, Chief Information Officer 10800 ROOSEVELT BLVD. N., ST PETERSBURG FL 33716
Steven A Raymund director C/O TECH DATA CORP, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Frederic E. Mccoy officer: SVP, Global Business Units 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Christopher S Holland director ARAMARK CORP, 1101 MARKET ST 29TH FLOOR, PHILADELPHIA PA 19107
Anousheh Ansari director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG, FL FL 33716

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