J (Jacobs Solutions) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.
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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.

J Jacobs Solutions Inc J
79 GF Score
Price $143.30
GF Value $110.33
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Jacobs Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jacobs Solutions  (NYSE:J) 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.


Jacobs Solutions Cyclically Adjusted PB Ratio Related Terms


Jacobs Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jacobs Solutions'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.

Jacobs Solutions Cyclically Adjusted PB Ratio Chart

Jacobs Solutions Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 1.88 2.22 2.50 2.85

Jacobs Solutions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.44 2.78 2.47 2.36 2.33

J vs APG, MTZ, STRL: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Jacobs Solutions'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.


Jacobs Solutions Cyclically Adjusted PB Ratio vs Construction Industry

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

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


J
79GF Score
Jacobs Solutions Inc J
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jacobs Solutions 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.

Jacobs Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jacobs Solutions's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=27.752/333.9520*333.9520
=27.752

Current CPI (Jun. 2026) = 333.9520.

Jacobs Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.801 241.428 49.521
201612 34.133 241.432 47.213
201703 34.654 243.801 47.468
201706 35.628 244.955 48.572
201709 37.275 246.819 50.434
201712 42.116 246.524 57.052
201803 42.518 249.554 56.897
201806 42.668 251.989 56.546
201809 41.797 252.439 55.293
201812 41.603 251.233 55.301
201903 40.720 254.202 53.495
201906 44.963 256.143 58.621
201909 43.413 256.759 56.465
201912 45.580 256.974 59.234
202003 43.182 258.115 55.869
202006 45.206 257.797 58.560
202009 45.131 260.280 57.905
202012 47.244 260.474 60.571
202103 50.938 264.877 64.222
202106 52.096 271.696 64.033
202109 51.458 274.310 62.646
202112 52.168 278.802 62.487
202203 52.688 287.504 61.200
202206 52.085 296.311 58.701
202209 52.883 296.808 59.501
202212 54.169 296.797 60.950
202303 55.944 301.836 61.897
202306 57.330 305.109 62.750
202309 57.416 307.789 62.297
202312 58.829 306.746 64.047
202403 59.132 312.332 63.225
202406 59.643 314.175 63.397
202409 43.359 315.301 45.924
202412 40.855 315.605 43.230
202503 38.999 319.799 40.725
202506 39.594 322.561 40.992
202509 39.188 324.800 40.292
202512 38.620 324.054 39.800
202603 27.790 330.213 28.105
202606 27.752 333.952 27.752

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.

Is Jacobs Solutions (J) Overvalued in 2026?

Based on GuruFocus' analysis, Jacobs Solutions stock appears to be overvalued. The current stock price of $143.30 is trading 29.9% above its estimated GF Value™ of $110.33. GuruFocus considers Jacobs Solutions to be Modestly Overvalued.

Key valuation signals for J:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $110.33 vs. price of $143.30 (29.9% above fair value)
  • GF Score™: 79/100 with 7 warning signs

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


Jacobs Solutions Business Description

Other Exchanges J:Mexico0JOI:UKZ0Y:Germany
Address 1999 Bryan Street, Suite 3500, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $12 billion in revenue in fiscal 2025.
79GF Score

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

$143.30
Price
$110.33
GF Value