J (Jacobs Solutions) Cyclically Adjusted PB Ratio: 2.50 (As of Jul. 11, 2026) — 15% Above Median


J Jacobs Solutions Inc J
73 GF Score
Price $125.83
GF Value $130.11
Valuation Fairly Valued
! 4 Warning Signs
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What is Jacobs Solutions Cyclically Adjusted PB Ratio?

Jacobs Solutions J -0.01% 73 Cyclically Adjusted PB Ratio is 2.50 as of Jul. 11, 2026, which is 15% above its 10-year median of 2.18. GuruFocus rates J with a GF Score™ of 73/100 and a GF Value™ of $130.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,357 Construction companies, Jacobs Solutions ranks worse than 73.54% on this metric.

As of today (2026-07-11), Jacobs Solutions's current share price is $125.83. Jacobs Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $50.40. Jacobs Solutions's Cyclically Adjusted PB Ratio for today is 2.50.

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

J' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.18   Max: 3.16
Current: 2.5

During the past years, Jacobs Solutions's highest Cyclically Adjusted PB Ratio was 3.16. The lowest was 1.40. And the median was 2.18.

J's Cyclically Adjusted PB Ratio is ranked worse than
73.54% of 1357 companies
in the Construction industry
Industry Median: 1.2 vs J: 2.50

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.

Jacobs Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was $27.860. 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 $50.40 for the trailing ten years ended in Mar. 2026.

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 2.64 1.95 2.31 2.56 2.96

Jacobs Solutions 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 2.36 2.60 2.96 2.65 2.53

J vs DY, IESC, BLD: 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
73GF 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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.83/50.40
=2.50

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

For example, Jacobs Solutions'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)
=27.86/330.2130*330.2130
=27.860

Current CPI (Mar. 2026) = 330.2130.

Jacobs Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.356 241.018 49.810
201609 35.264 241.428 48.232
201612 33.592 241.432 45.945
201703 34.159 243.801 46.266
201706 35.136 244.955 47.365
201709 36.785 246.819 49.214
201712 41.461 246.524 55.536
201803 41.891 249.554 55.431
201806 42.050 251.989 55.103
201809 41.165 252.439 53.848
201812 40.977 251.233 53.859
201903 40.063 254.202 52.043
201906 44.609 256.143 57.509
201909 43.007 256.759 55.311
201912 45.146 256.974 58.013
202003 42.788 258.115 54.740
202006 44.829 257.797 57.422
202009 44.823 260.280 56.866
202012 46.907 260.474 59.466
202103 46.158 264.877 57.544
202106 47.224 271.696 57.395
202109 46.085 274.310 55.477
202112 46.998 278.802 55.664
202203 47.149 287.504 54.153
202206 46.507 296.311 51.828
202209 47.570 296.808 52.924
202212 48.821 296.797 54.318
202303 50.311 301.836 55.041
202306 51.809 305.109 56.072
202309 51.964 307.789 55.750
202312 53.171 306.746 57.239
202403 52.901 312.332 55.930
202406 53.252 314.175 55.970
202409 36.614 315.301 38.346
202412 34.214 315.605 35.798
202503 32.102 319.799 33.147
202506 31.929 322.561 32.686
202509 30.574 324.800 31.084
202512 29.288 324.054 29.845
202603 27.860 330.213 27.860

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 2.50 mean?
Jacobs Solutions (J) has a Cyclically Adjusted PB Ratio of 2.50 as of Jul. 11, 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 Jacobs Solutions and its competitors. This is 15% above median its historical median of 2.18. Over the past decade, Jacobs Solutions' Cyclically Adjusted PB Ratio has ranged from 1.40 to 3.16. According to the industry distribution chart, Jacobs Solutions ranks #998 out of 1357 companies in the Construction industry, placing it in the top 73.5%.
Is Jacobs Solutions' Cyclically Adjusted PB Ratio too high?
Jacobs Solutions' current Cyclically Adjusted PB Ratio of 2.50 is 15% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 3.16. The Construction industry median Cyclically Adjusted PB Ratio is 1.20. Jacobs Solutions' value of 2.50 is 108.3% above this industry median. Based on the distribution chart, Jacobs Solutions ranks #998 out of 1357 companies in the Construction industry, which is below the industry midpoint. Overall, Jacobs Solutions has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jacobs Solutions' Cyclically Adjusted PB Ratio compare to DY and IESC?
According to the Construction industry distribution chart, Jacobs Solutions ranks #998 out of 1357 companies for Cyclically Adjusted PB Ratio. This places Jacobs Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Jacobs Solutions' value of 2.50 is 108.3% above this benchmark. Historically, Jacobs Solutions' own Cyclically Adjusted PB Ratio has ranged from 1.40 to 3.16 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.20, Jacobs Solutions has consistently been above 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.20, based on 1,357 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. Jacobs Solutions's current Cyclically Adjusted PB Ratio of 2.50 is 108.3% above 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 Jacobs Solutions and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jacobs Solutions's current Cyclically Adjusted PB Ratio is 2.50, which is 15% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacobs Solutions stock overvalued right now?
Based on GuruFocus' analysis, Jacobs Solutions (J) is currently considered Fairly Valued. The stock's GF Value™ is $130.11, compared to a current price of $125.83 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.50, which is 15% above median its 10-year median of 2.18 and 108.3% above the Construction industry median of 1.20. Jacobs Solutions' overall GF Score™ is 73/100 with 4 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 Jacobs Solutions (J), the current Cyclically Adjusted PB Ratio is 2.50 as of Jul. 11, 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 Jacobs Solutions (J) Overvalued in 2026?

Based on GuruFocus' analysis, Jacobs Solutions stock appears to be undervalued. The current stock price of $125.83 is trading 3.3% below its estimated GF Value™ of $130.11. GuruFocus considers Jacobs Solutions to be Fairly Valued.

Key valuation signals for J:

  • Cyclically Adjusted PB Ratio: 2.50 (15% above median its 10-year median of 2.18)
  • GF Value™: $130.11 vs. price of $125.83 (3.3% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 108.3% above the Construction median (#998 of 1357)

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.
73GF 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.

$125.83
Price
$130.11
GF Value