JGCCY (JGC Holdings) Cyclically Adjusted Book per Share: $28.78 (As of Mar. 2026)

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JGCCY JGC Holdings Corp JGCCY
65 GF Score
Price $26.57
GF Value $14.40
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is JGC Holdings Cyclically Adjusted Book per Share?

JGC Holdings JGCCY -1.84% 65 Cyclically Adjusted Book per Share is $28.78 as of Mar. 2026. GuruFocus rates JGCCY with a GF Score™ of 65/100 and a GF Value™ of $14.40 (Significantly Overvalued). The stock has 3 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.

JGC Holdings's adjusted book value per share for the three months ended in Mar. 2026 was $22.413. 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 $28.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, JGC Holdings's average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 JGC Holdings was 7.90% per year. The lowest was 2.20% per year. And the median was 3.85% per year.

As of today (2026-09-19), JGC Holdings's current stock price is $26.5677. JGC Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $28.78. JGC Holdings's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JGC Holdings was 2.02. The lowest was 0.50. And the median was 1.04.


JGC Holdings  (OTCPK:JGCCY) 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.

JGC Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.5677/28.778
=0.92

* 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 JGC Holdings was 2.02. The lowest was 0.50. And the median was 1.04.


Be Aware

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


JGC Holdings Cyclically Adjusted Book per Share Related Terms


JGC Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for JGC Holdings'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.

JGC Holdings Cyclically Adjusted Book per Share Chart

JGC Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.08 29.38 29.02 29.33 28.59

JGC Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.25 29.13 29.15 28.78 28.64

JGCCY vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, JGC Holdings'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.


JGC Holdings Cyclically Adjusted PB Ratio vs Construction Industry

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

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


JGCCY
65GF Score
JGC Holdings Corp JGCCY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JGC Holdings 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, JGC Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.413/112.7000*112.7000
=22.413

Current CPI (Mar. 2026) = 112.7000.

JGC Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.587 98.100 36.288
201609 30.166 98.000 34.691
201612 27.144 98.400 31.089
201703 27.264 98.100 31.322
201706 26.927 98.500 30.809
201709 27.524 98.800 31.396
201712 28.234 99.400 32.012
201803 29.500 99.200 33.515
201806 28.082 99.200 31.904
201809 27.988 99.900 31.574
201812 28.691 99.700 32.432
201903 29.388 99.700 33.220
201906 29.552 99.800 33.372
201909 29.297 100.100 32.985
201912 29.505 100.500 33.087
202003 28.702 100.300 32.250
202006 29.285 99.900 33.037
202009 30.263 99.900 34.141
202012 31.415 99.300 35.654
202103 29.939 99.900 33.775
202106 25.684 99.500 29.091
202109 25.881 100.100 29.139
202112 25.498 100.100 28.708
202203 25.290 101.100 28.192
202206 23.233 101.800 25.721
202209 22.381 103.100 24.465
202212 24.831 104.100 26.882
202303 24.858 104.400 26.834
202306 23.068 105.200 24.713
202309 22.449 106.200 23.823
202312 23.644 106.800 24.950
202403 21.221 107.200 22.310
202406 20.506 108.200 21.359
202409 22.857 108.900 23.655
202412 20.004 110.700 20.365
202503 21.707 111.100 22.020
202506 21.845 111.700 22.041
202509 23.101 112.000 23.245
202512 22.715 113.000 22.655
202603 22.413 112.700 22.413

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 $28.78 mean?
JGC Holdings (JGCCY) has a Cyclically Adjusted Book per Share of $28.78 as of Mar. 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 JGC Holdings and its competitors.
Is JGC Holdings' Cyclically Adjusted Book per Share too high?
JGC Holdings' current Cyclically Adjusted Book per Share is $28.78. Overall, JGC Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JGC Holdings' Cyclically Adjusted Book per Share compare to PWR and FIX?
JGC Holdings' Cyclically Adjusted Book per Share of $28.78 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 JGC Holdings and its competitors. JGC Holdings's current Cyclically Adjusted Book per Share is $28.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JGC Holdings stock overvalued right now?
Based on GuruFocus' analysis, JGC Holdings (JGCCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.40, compared to a current price of $26.57 — trading 84.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is $28.78. JGC Holdings' overall GF Score™ is 65/100 with 3 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 JGC Holdings (JGCCY), the current Cyclically Adjusted Book per Share is $28.78 as of Mar. 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 JGC Holdings (JGCCY) Overvalued in 2026?

Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued. The current stock price of $26.57 is trading 84.5% above its estimated GF Value™ of $14.40. GuruFocus considers JGC Holdings to be Significantly Overvalued.

Key valuation signals for JGCCY:

  • Cyclically Adjusted Book per Share: $28.78
  • GF Value™: $14.40 vs. price of $26.57 (84.5% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


JGC Holdings Business Description

Address 2-3-1 Minatomirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp is a Japan-based company engaged in providing infrastructure construction services. The company operates through two segments. The Comprehensive Engineering segment provides EPC services including design, procurement, construction, and commissioning of equipment and facilities for petroleum, oil refining, petrochemicals, gas, and LNG. The Functional Materials Manufacturing segment produces and sells catalysts, nanoparticle technology products, clean and safety materials, electronic materials, high-performance ceramics, and next-generation energy solutions. The Others segment includes consulting, office support, desalination, and crude oil and gas production and sales. It generates the majority of its revenue from the Comprehensive engineering segment.
65GF Score

Get the complete analysis for JGCCY

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

$26.57
Price
$14.40
GF Value