Jabil (JBL) Cyclically Adjusted Book per Share: $17.44 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JBL Jabil Inc JBL
85 GF Score
Price $315.05
GF Value $193.93
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Jabil Cyclically Adjusted Book per Share?

Jabil JBL +2.12% 85 Cyclically Adjusted Book per Share is $17.44 as of May. 2026. GuruFocus rates JBL with a GF Score™ of 85/100 and a GF Value™ of $193.93 (Significantly Overvalued). The stock has 2 warning signs investors should review.

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.

Jabil's adjusted book value per share for the three months ended in May. 2026 was $12.621. 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 $17.44 for the trailing ten years ended in May. 2026.

During the past 12 months, Jabil's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Jabil was 33.90% per year. The lowest was 0.50% per year. And the median was 5.40% per year.

As of today (2026-08-01), Jabil's current stock price is $315.05. Jabil's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $17.44. Jabil's Cyclically Adjusted PB Ratio of today is 18.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jabil was 22.07. The lowest was 1.50. And the median was 4.05.


Jabil  (NYSE:JBL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=315.05/17.44
=18.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jabil was 22.07. The lowest was 1.50. And the median was 4.05.


Be Aware

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


Jabil Cyclically Adjusted Book per Share Related Terms


Jabil Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Jabil'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.

Jabil Cyclically Adjusted Book per Share Chart

Jabil Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.48 15.05 16.24 17.02 17.24

Jabil Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 17.16 17.24 17.13 17.14 17.44

JBL vs FLEX, FN, TTMI: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


JBL
85GF Score
Jabil Inc JBL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jabil 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, Jabil's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=12.621/335.1230*335.1230
=12.621

Current CPI (May. 2026) = 335.1230.

Jabil Quarterly Data

Book Value per Share CPI Adj_Book
201608 13.038 240.849 18.141
201611 12.965 241.353 18.002
201702 13.224 243.603 18.192
201705 12.969 244.733 17.759
201708 13.242 245.519 18.075
201711 13.214 246.669 17.952
201802 13.263 248.991 17.851
201805 12.874 251.588 17.149
201808 11.849 252.146 15.748
201811 11.975 252.038 15.923
201902 12.083 252.776 16.019
201905 12.130 256.092 15.873
201908 12.294 256.558 16.059
201911 12.053 257.208 15.704
202002 11.537 258.678 14.946
202005 10.841 256.394 14.170
202008 12.047 259.918 15.533
202011 13.154 260.229 16.940
202102 13.987 263.014 17.822
202105 14.560 269.195 18.126
202108 14.782 273.567 18.108
202111 15.302 277.948 18.450
202202 16.412 283.716 19.386
202205 16.968 292.296 19.454
202208 18.089 296.171 20.468
202211 18.841 297.711 21.209
202302 20.062 300.840 22.348
202305 20.830 304.127 22.953
202308 21.829 307.026 23.827
202311 19.705 307.051 21.507
202402 21.708 310.326 23.443
202405 19.171 314.069 20.456
202408 15.271 314.796 16.257
202411 14.262 315.493 15.149
202502 12.397 319.082 13.020
202505 11.974 321.465 12.483
202508 14.077 323.976 14.561
202511 12.582 324.122 13.009
202602 12.701 326.785 13.025
202605 12.621 335.123 12.621

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

What does a Cyclically Adjusted Book per Share of $17.44 mean?
Jabil (JBL) has a Cyclically Adjusted Book per Share of $17.44 as of May. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Jabil and its competitors.
Is Jabil's Cyclically Adjusted Book per Share too high?
Jabil's current Cyclically Adjusted Book per Share is $17.44. Overall, Jabil has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jabil's Cyclically Adjusted Book per Share compare to FLEX and FN?
Jabil's Cyclically Adjusted Book per Share of $17.44 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Jabil and its competitors. Jabil's current Cyclically Adjusted Book per Share is $17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jabil stock overvalued right now?
Based on GuruFocus' analysis, Jabil (JBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $193.93, compared to a current price of $315.05 — trading 62.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is $17.44. Jabil's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Jabil (JBL), the current Cyclically Adjusted Book per Share is $17.44 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jabil (JBL) Overvalued in 2026?

Based on GuruFocus' analysis, Jabil stock appears to be overvalued. The current stock price of $315.05 is trading 62.5% above its estimated GF Value™ of $193.93. GuruFocus considers Jabil to be Significantly Overvalued.

Key valuation signals for JBL:

  • Cyclically Adjusted Book per Share: $17.44
  • GF Value™: $193.93 vs. price of $315.05 (62.5% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the JBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jabil Business Description

Address 10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc. is a U.S based company providing engineering, manufacturing, and supply chain solutions. It provides comprehensive electronics design, production, and product management services to companies in various industries and end markets. It operates through three segments: Regulated Industries, serving automotive, healthcare, and renewables; Intelligent Infrastructure, focused on AI, cloud, data centers, and communications, driving the majority of revenue; and Connected Living and Digital Commerce, specializing in digitalization and automation, such as robotics and warehouse automation. The company operates in the U.S., Mexico, China, Malaysia, Singapore, and several other markets.
85GF Score

Get the complete analysis for JBL

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$315.05
Price
$193.93
GF Value