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Jabil (JBL) Cyclically Adjusted PS Ratio : 0.65 (As of Apr. 30, 2024)


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What is Jabil Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Jabil's current share price is $118.25. Jabil's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $182.14. Jabil's Cyclically Adjusted PS Ratio for today is 0.65.

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

JBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.32   Max: 0.83
Current: 0.66

During the past years, Jabil's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.17. And the median was 0.32.

JBL's Cyclically Adjusted PS Ratio is ranked better than
64.98% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs JBL: 0.66

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Jabil's adjusted revenue per share data for the three months ended in Feb. 2024 was $53.325. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $182.14 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jabil Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jabil's Cyclically Adjusted PS 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 PS Ratio Chart

Jabil Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.30 0.47 0.39 0.65

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 PS 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 0.50 0.52 0.65 0.64 0.79

Competitive Comparison of Jabil's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Jabil's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Hardware Industry

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

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



Jabil Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118.25/182.14
=0.65

* 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 Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=53.325/129.4194*129.4194
=53.325

Current CPI (Feb. 2024) = 129.4194.

Jabil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 18.741 100.373 24.164
201408 20.486 100.352 26.420
201411 23.298 99.635 30.263
201502 22.046 99.032 28.811
201505 22.204 100.333 28.641
201508 23.804 100.548 30.639
201511 26.950 100.135 34.832
201602 22.782 100.040 29.473
201605 22.328 101.355 28.510
201608 23.098 101.617 29.418
201611 27.175 101.829 34.538
201702 24.029 102.779 30.257
201705 24.799 103.256 31.083
201708 27.375 103.587 34.202
201711 30.996 104.072 38.545
201802 29.958 105.052 36.907
201805 31.377 106.148 38.256
201808 34.116 106.383 41.504
201811 39.752 106.338 48.381
201902 38.708 106.649 46.973
201905 39.412 108.048 47.208
201908 41.789 108.245 49.964
201911 47.971 108.519 57.210
202002 40.281 109.139 47.766
202005 42.035 108.175 50.290
202008 44.151 109.662 52.105
202011 51.230 109.793 60.388
202102 44.627 110.968 52.047
202105 47.467 113.576 54.088
202108 49.393 115.421 55.384
202111 58.003 117.269 64.013
202202 51.592 119.703 55.780
202205 58.116 123.323 60.989
202208 64.408 124.958 66.708
202211 69.819 125.607 71.938
202302 59.677 126.928 60.849
202305 62.731 128.314 63.271
202308 62.932 129.538 62.875
202311 63.490 129.548 63.427
202402 53.325 129.419 53.325

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Jabil Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Jabil's Cyclically Adjusted PS 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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