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Jabil (FRA:JBL) Cyclically Adjusted PB Ratio : 7.01 (As of May. 03, 2024)


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What is Jabil Cyclically Adjusted PB Ratio?

As of today (2024-05-03), Jabil's current share price is €106.45. Jabil's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €15.19. Jabil's Cyclically Adjusted PB Ratio for today is 7.01.

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

FRA:JBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.49   Max: 9.16
Current: 6.98

During the past years, Jabil's highest Cyclically Adjusted PB Ratio was 9.16. The lowest was 1.47. And the median was 2.49.

FRA:JBL's Cyclically Adjusted PB Ratio is ranked worse than
93.7% of 1856 companies
in the Hardware industry
Industry Median: 1.625 vs FRA:JBL: 6.98

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 adjusted book value per share data for the three months ended in Feb. 2024 was €20.124. 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 €15.19 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jabil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jabil'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.

* Premium members only.

Jabil Cyclically Adjusted PB Ratio Chart

Jabil Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.73 4.58 4.01 7.05

Jabil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.33 5.62 7.05 7.05 8.73

Competitive Comparison of Jabil's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



Jabil 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.45/15.19
=7.01

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Jabil's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=20.124/129.4194*129.4194
=20.124

Current CPI (Feb. 2024) = 129.4194.

Jabil Quarterly Data

Book Value per Share CPI Adj_Book
201405 8.777 100.373 11.317
201408 8.673 100.352 11.185
201411 9.277 99.635 12.050
201502 10.206 99.032 13.338
201505 10.674 100.333 13.768
201508 10.823 100.548 13.931
201511 11.654 100.135 15.062
201602 11.639 100.040 15.057
201605 11.522 101.355 14.712
201608 11.630 101.617 14.812
201611 12.019 101.829 15.275
201702 12.417 102.779 15.636
201705 11.737 103.256 14.711
201708 11.216 103.587 14.013
201711 11.258 104.072 14.000
201802 10.743 105.052 13.235
201805 10.891 106.148 13.279
201808 10.262 106.383 12.484
201811 10.538 106.338 12.825
201902 10.645 106.649 12.918
201905 10.844 108.048 12.989
201908 11.053 108.245 13.215
201911 10.908 108.519 13.009
202002 10.580 109.139 12.546
202005 9.941 108.175 11.893
202008 10.180 109.662 12.014
202011 11.129 109.793 13.118
202102 11.567 110.968 13.490
202105 11.983 113.576 13.655
202108 12.565 115.421 14.089
202111 13.404 117.269 14.793
202202 14.459 119.703 15.633
202205 16.052 123.323 16.846
202208 17.854 124.958 18.491
202211 18.483 125.607 19.044
202302 18.738 126.928 19.106
202305 19.163 128.314 19.328
202308 20.017 129.538 19.999
202311 18.207 129.548 18.189
202402 20.124 129.419 20.124

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.


Jabil  (FRA:JBL) 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.


Jabil Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Jabil's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jabil (FRA:JBL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jabil Inc (FRA:JBL) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.

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