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JetBlue Airways (MIL:1JAM) Cyclically Adjusted Book per Share : €17.03 (As of Mar. 2025)


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What is JetBlue Airways 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.

JetBlue Airways's adjusted book value per share for the three months ended in Mar. 2025 was €6.383. 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 €17.03 for the trailing ten years ended in Mar. 2025.

During the past 12 months, JetBlue Airways's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 9.70% 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 JetBlue Airways was 12.40% per year. The lowest was 4.50% per year. And the median was 8.80% per year.

As of today (2025-05-29), JetBlue Airways's current stock price is €4.202. JetBlue Airways's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €17.03. JetBlue Airways's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JetBlue Airways was 4.12. The lowest was 0.25. And the median was 1.63.


JetBlue Airways Cyclically Adjusted Book per Share Historical Data

The historical data trend for JetBlue Airways'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.

JetBlue Airways Cyclically Adjusted Book per Share Chart

JetBlue Airways Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.68 10.23

JetBlue Airways Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.86 12.73 11.80 10.23 17.03

Competitive Comparison of JetBlue Airways's Cyclically Adjusted Book per Share

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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JetBlue Airways 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, JetBlue Airways's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.383/134.9266*134.9266
=6.383

Current CPI (Mar. 2025) = 134.9266.

JetBlue Airways Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.905 100.684 10.593
201509 8.532 100.392 11.467
201512 9.151 99.792 12.373
201603 9.516 100.470 12.780
201606 10.021 101.688 13.297
201609 10.585 101.861 14.021
201612 11.289 101.863 14.953
201703 11.186 102.862 14.673
201706 11.040 103.349 14.413
201709 10.830 104.136 14.032
201712 12.457 104.011 16.160
201803 12.036 105.290 15.424
201806 12.261 106.317 15.560
201809 12.411 106.507 15.723
201812 13.458 105.998 17.131
201903 13.548 107.251 17.044
201906 14.031 108.070 17.518
201909 14.984 108.329 18.663
201912 15.316 108.420 19.060
202003 14.650 108.902 18.151
202006 13.345 108.767 16.555
202009 11.581 109.815 14.229
202012 10.278 109.897 12.619
202103 9.853 111.754 11.896
202106 9.951 114.631 11.713
202109 10.554 115.734 12.304
202112 10.645 117.630 12.210
202203 10.184 121.301 11.328
202206 10.066 125.017 10.864
202209 10.936 125.227 11.783
202212 10.286 125.222 11.083
202303 9.608 127.348 10.180
202306 9.843 128.729 10.317
202309 9.615 129.860 9.990
202312 9.027 129.419 9.411
202403 7.122 131.776 7.292
202406 7.224 132.554 7.353
202409 6.868 133.029 6.966
202412 7.145 133.157 7.240
202503 6.383 134.927 6.383

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


JetBlue Airways  (MIL:1JAM) 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.

JetBlue Airways's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.202/17.03
=0.25

* 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 JetBlue Airways was 4.12. The lowest was 0.25. And the median was 1.63.


Be Aware

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


JetBlue Airways Cyclically Adjusted Book per Share Related Terms

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


JetBlue Airways Business Description

Industry
Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The company has one operating segment, Air Transportation Services, which provides services in the United States, the Caribbean, Latin America, Canada, and Europe. The majority of revenue is generated from the Domestic & Canada segment.

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