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Jacobs Solutions (FRA:Z0Y) Cyclically Adjusted Book per Share : €44.13 (As of Dec. 2023)


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What is Jacobs Solutions 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.

Jacobs Solutions's adjusted book value per share for the three months ended in Dec. 2023 was €48.758. 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 €44.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Jacobs Solutions's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Jacobs Solutions was 17.90% per year. The lowest was 7.70% per year. And the median was 14.60% per year.

As of today (2024-05-01), Jacobs Solutions's current stock price is €136.00. Jacobs Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €44.13. Jacobs Solutions's Cyclically Adjusted PB Ratio of today is 3.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jacobs Solutions was 3.65. The lowest was 1.42. And the median was 2.42.


Jacobs Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jacobs Solutions'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.

Jacobs Solutions Cyclically Adjusted Book per Share Chart

Jacobs Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.28 32.26 36.60 48.00 45.83

Jacobs Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 43.62 42.77 43.79 45.83 44.13

Competitive Comparison of Jacobs Solutions's Cyclically Adjusted Book per Share

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 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, Jacobs Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=48.758/129.4194*129.4194
=48.758

Current CPI (Dec. 2023) = 129.4194.

Jacobs Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.174 99.695 31.382
201406 24.906 100.560 32.054
201409 26.323 100.428 33.922
201412 27.800 99.070 36.316
201503 31.917 99.621 41.464
201506 31.242 100.684 40.159
201509 31.050 100.392 40.028
201512 32.192 99.792 41.749
201603 32.172 100.470 41.442
201606 32.357 101.688 41.181
201609 31.421 101.861 39.922
201612 31.845 101.863 40.460
201703 31.939 102.862 40.185
201706 31.271 103.349 39.159
201709 30.862 104.136 38.355
201712 35.035 104.011 43.594
201803 33.974 105.290 41.760
201806 35.994 106.317 43.815
201809 35.278 106.507 42.867
201812 36.018 105.998 43.977
201903 35.456 107.251 42.785
201906 39.479 108.070 47.278
201909 39.050 108.329 46.652
201912 40.631 108.420 48.501
202003 38.723 108.902 46.019
202006 39.808 108.767 47.367
202009 38.055 109.815 44.849
202012 38.557 109.897 45.406
202103 38.772 111.754 44.901
202106 39.196 114.631 44.252
202109 39.172 115.734 43.804
202112 41.593 117.630 45.762
202203 42.811 121.301 45.676
202206 43.996 125.017 45.545
202209 48.045 125.227 49.654
202212 46.087 125.222 47.632
202303 46.990 127.348 47.754
202306 47.819 128.729 48.076
202309 48.690 129.860 48.525
202312 48.758 129.419 48.758

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


Jacobs Solutions  (FRA:Z0Y) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=136.00/44.13
=3.08

* 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 Jacobs Solutions was 3.65. The lowest was 1.42. And the median was 2.42.


Be Aware

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


Jacobs Solutions Cyclically Adjusted Book per Share Related Terms

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


Jacobs Solutions (FRA:Z0Y) Business Description

Industry
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.

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