Jastrzebska Spolka Weglowa (FRA:J2S) Cyclically Adjusted PB Ratio: 0.25 (As of Jul. 31, 2026) — 42% Below Median

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FRA:J2S Jastrzebska Spolka Weglowa SA FRA:J2S
72 GF Score
Price €5.59
GF Value €4.95
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio?

Jastrzebska Spolka Weglowa FRA:J2S -0.92% 72 Cyclically Adjusted PB Ratio is 0.25 as of Jul. 31, 2026, which is 42% below its 10-year median of 0.43. GuruFocus rates FRA:J2S with a GF Score™ of 72/100 and a GF Value™ of €4.95 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 136 Other Energy Sources companies, Jastrzebska Spolka Weglowa ranks better than 88.24% on this metric.

As of today (2026-07-31), Jastrzebska Spolka Weglowa's current share price is €5.588. Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €21.92. Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio for today is 0.25.

The historical rank and industry rank for Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:J2S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.43   Max: 1.09
Current: 0.26

During the past years, Jastrzebska Spolka Weglowa's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.22. And the median was 0.43.

FRA:J2S's Cyclically Adjusted PB Ratio is ranked better than
88.24% of 136 companies
in the Other Energy Sources industry
Industry Median: 1.125 vs FRA:J2S: 0.26

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.

Jastrzebska Spolka Weglowa's adjusted book value per share data for the three months ended in Mar. 2026 was €4.811. 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 €21.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jastrzebska Spolka Weglowa  (FRA:J2S) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio Related Terms


Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio 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.

Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio Chart

Jastrzebska Spolka Weglowa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.71 0.46 0.22 0.25

Jastrzebska Spolka Weglowa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.24 0.22 0.24 0.25 0.36

Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, Jastrzebska Spolka Weglowa'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.


Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:J2S
72GF Score
Jastrzebska Spolka Weglowa SA FRA:J2S
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jastrzebska Spolka Weglowa Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.588/21.92
=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.

Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jastrzebska Spolka Weglowa'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)
=4.811/163.0700*163.0700
=4.811

Current CPI (Mar. 2026) = 163.0700.

Jastrzebska Spolka Weglowa Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.285 99.552 11.933
201609 7.028 99.064 11.569
201612 7.919 100.366 12.866
201703 9.346 101.018 15.087
201706 10.467 101.180 16.869
201709 11.155 101.343 17.949
201712 12.641 102.564 20.098
201803 14.118 102.564 22.447
201806 14.742 103.378 23.254
201809 15.466 103.378 24.396
201812 15.990 103.785 25.124
201903 16.779 104.274 26.240
201906 17.062 105.983 26.252
201909 16.954 105.983 26.086
201912 16.745 107.123 25.491
202003 16.226 109.076 24.258
202006 14.772 109.402 22.019
202009 14.560 109.320 21.719
202012 13.692 109.565 20.378
202103 13.291 112.658 19.238
202106 12.964 113.960 18.551
202109 13.428 115.588 18.944
202112 15.636 119.088 21.411
202203 19.180 125.031 25.015
202206 23.867 131.705 29.551
202209 27.999 135.531 33.688
202212 30.755 139.113 36.051
202303 33.281 145.950 37.185
202306 34.741 147.009 38.537
202309 32.289 146.113 36.036
202312 32.586 147.741 35.967
202403 32.565 149.044 35.630
202406 20.749 150.997 22.408
202409 20.166 153.439 21.432
202412 18.375 154.660 19.374
202503 15.738 157.021 16.344
202506 14.273 157.509 14.777
202509 12.675 158.000 13.082
202512 6.050 158.320 6.232
202603 4.811 163.070 4.811

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

What does a Cyclically Adjusted PB Ratio of 0.25 mean?
Jastrzebska Spolka Weglowa (FRA:J2S) has a Cyclically Adjusted PB Ratio of 0.25 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Jastrzebska Spolka Weglowa and its competitors. This is 42% below median its historical median of 0.43. Over the past decade, Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio has ranged from 0.22 to 1.09. According to the industry distribution chart, Jastrzebska Spolka Weglowa ranks #16 out of 136 companies in the Other Energy Sources industry, placing it in the top 11.8%.
Is Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio too high?
Jastrzebska Spolka Weglowa's current Cyclically Adjusted PB Ratio of 0.25 is 42% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.09. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.13. Jastrzebska Spolka Weglowa's value of 0.25 is 77.8% below this industry median. Based on the distribution chart, Jastrzebska Spolka Weglowa ranks #16 out of 136 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Jastrzebska Spolka Weglowa has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Jastrzebska Spolka Weglowa ranks #16 out of 136 companies for Cyclically Adjusted PB Ratio. This places Jastrzebska Spolka Weglowa in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.13. Jastrzebska Spolka Weglowa's value of 0.25 is 77.8% below this benchmark. Historically, Jastrzebska Spolka Weglowa's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 1.09 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.13, Jastrzebska Spolka Weglowa has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.13, based on 136 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jastrzebska Spolka Weglowa's current Cyclically Adjusted PB Ratio of 0.25 is 77.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Jastrzebska Spolka Weglowa and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jastrzebska Spolka Weglowa's current Cyclically Adjusted PB Ratio is 0.25, which is 42% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jastrzebska Spolka Weglowa stock overvalued right now?
Based on GuruFocus' analysis, Jastrzebska Spolka Weglowa (FRA:J2S) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.95, compared to a current price of €5.59 — trading 12.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 42% below median its 10-year median of 0.43 and 77.8% below the Other Energy Sources industry median of 1.13. Jastrzebska Spolka Weglowa's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Jastrzebska Spolka Weglowa (FRA:J2S), the current Cyclically Adjusted PB Ratio is 0.25 as of Jul. 31, 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 Jastrzebska Spolka Weglowa (FRA:J2S) Overvalued in 2026?

Based on GuruFocus' analysis, Jastrzebska Spolka Weglowa stock appears to be overvalued. The current stock price of €5.59 is trading 12.9% above its estimated GF Value™ of €4.95. GuruFocus considers Jastrzebska Spolka Weglowa to be Modestly Overvalued.

Key valuation signals for FRA:J2S:

  • Cyclically Adjusted PB Ratio: 0.25 (42% below median its 10-year median of 0.43)
  • GF Value™: €4.95 vs. price of €5.59 (12.9% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 77.8% below the Other Energy Sources median (#16 of 136)

No single metric tells the full story. See the FRA:J2S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jastrzebska Spolka Weglowa Business Description

Other Exchanges JSW:Poland
Address Al. Jana Pawła II 4, Jastrzebie Zdroj, POL, 44-330
Jastrzebska Spolka Weglowa SA is a coal producer based in Poland and one of the European Union's producers. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.
72GF Score

Get the complete analysis for FRA:J2S

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

€5.59
Price
€4.95
GF Value