Jemtec (TSXV:JTC) Cyclically Adjusted Book per Share: C$0.83 (As of Apr. 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.

TSXV:JTC Jemtec Inc TSXV:JTC
50 GF Score
Price C$1.18
GF Value C$0.87
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Jemtec Cyclically Adjusted Book per Share?

Jemtec TSXV:JTC 50 Cyclically Adjusted Book per Share is C$0.83 as of Apr. 2026. GuruFocus rates TSXV:JTC with a GF Score™ of 50/100 and a GF Value™ of C$0.87 (Significantly Overvalued). The stock has 1 warning sign 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.

Jemtec's adjusted book value per share for the three months ended in Apr. 2026 was C$0.965. 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 C$0.83 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Jemtec's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -6.20% 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 Jemtec was 25.50% per year. The lowest was -8.60% per year. And the median was -3.00% per year.

As of today (2026-07-16), Jemtec's current stock price is C$1.18. Jemtec's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was C$0.83. Jemtec's Cyclically Adjusted PB Ratio of today is 1.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jemtec was 2.50. The lowest was 0.23. And the median was 1.20.


Jemtec  (TSXV:JTC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.18/0.83
=1.42

* 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 Jemtec was 2.50. The lowest was 0.23. And the median was 1.20.


Be Aware

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


Jemtec Cyclically Adjusted Book per Share Related Terms


Jemtec Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Jemtec'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.

Jemtec Cyclically Adjusted Book per Share Chart

Jemtec Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.88 0.82 0.76 0.79

Jemtec Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.78 0.79 0.80 0.81 0.83

TSXV:JTC vs COHR, KEYS, GRMN: Cyclically Adjusted Book per Share Comparison

For the Scientific & Technical Instruments subindustry, Jemtec'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.


Jemtec Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSXV:JTC
50GF Score
Jemtec Inc TSXV:JTC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.965/132.7364*132.7364
=0.965

Current CPI (Apr. 2026) = 132.7364.

Jemtec Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.466 101.844 0.607
201610 0.473 102.002 0.616
201701 0.475 102.318 0.616
201704 0.479 103.029 0.617
201707 0.486 103.029 0.626
201710 0.489 103.424 0.628
201801 0.494 104.056 0.630
201804 0.541 105.320 0.682
201807 0.595 106.110 0.744
201810 0.669 105.952 0.838
201901 0.714 105.557 0.898
201904 0.751 107.453 0.928
201907 0.803 108.243 0.985
201910 0.842 107.927 1.036
202001 0.627 108.085 0.770
202004 0.660 107.216 0.817
202007 0.706 108.401 0.864
202010 0.757 108.638 0.925
202101 0.553 109.192 0.672
202104 0.588 110.851 0.704
202107 0.651 112.431 0.769
202110 0.728 113.695 0.850
202201 0.782 114.801 0.904
202204 0.836 118.357 0.938
202207 0.871 120.964 0.956
202210 0.870 121.517 0.950
202301 0.843 121.596 0.920
202304 0.821 123.571 0.882
202307 0.813 124.914 0.864
202310 0.819 125.310 0.868
202401 0.825 125.072 0.876
202404 0.842 126.890 0.881
202407 0.854 128.075 0.885
202410 0.865 127.838 0.898
202501 0.881 127.443 0.918
202504 0.892 129.102 0.917
202507 0.899 130.290 0.916
202510 0.932 130.603 0.947
202601 0.945 130.366 0.962
202604 0.965 132.736 0.965

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 C$0.83 mean?
Jemtec (TSXV:JTC) has a Cyclically Adjusted Book per Share of C$0.83 as of Apr. 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 Jemtec and its competitors.
Is Jemtec's Cyclically Adjusted Book per Share too high?
Jemtec's current Cyclically Adjusted Book per Share is C$0.83. Overall, Jemtec has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jemtec's Cyclically Adjusted Book per Share compare to COHR and KEYS?
Jemtec's Cyclically Adjusted Book per Share of C$0.83 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 Jemtec and its competitors. Jemtec's current Cyclically Adjusted Book per Share is C$0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jemtec stock overvalued right now?
Based on GuruFocus' analysis, Jemtec (TSXV:JTC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.87, compared to a current price of C$1.18 — trading 35.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$0.83. Jemtec's overall GF Score™ is 50/100 with 1 warning sign 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 Jemtec (TSXV:JTC), the current Cyclically Adjusted Book per Share is C$0.83 as of Apr. 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 Jemtec (TSXV:JTC) Overvalued in 2026?

Based on GuruFocus' analysis, Jemtec stock appears to be overvalued. The current stock price of C$1.18 is trading 35.6% above its estimated GF Value™ of C$0.87. GuruFocus considers Jemtec to be Significantly Overvalued.

Key valuation signals for TSXV:JTC:

  • Cyclically Adjusted Book per Share: C$0.83
  • GF Value™: C$0.87 vs. price of C$1.18 (35.6% above fair value)
  • GF Score™: 50/100 with 1 warning sign

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


Jemtec Business Description

Address 38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2
Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. The Company's core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.
50GF Score

Get the complete analysis for TSXV:JTC

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

C$1.18
Price
C$0.87
GF Value