JBHT (JB Hunt Transport Services) Cyclically Adjusted PB Ratio: 8.32 (As of Jul. 31, 2026) — 14% Below Median

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JBHT JB Hunt Transport Services Inc JBHT
82 GF Score
Price $268.93
GF Value $194.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is JB Hunt Transport Services Cyclically Adjusted PB Ratio?

JB Hunt Transport Services JBHT -2.52% 82 Cyclically Adjusted PB Ratio is 8.32 as of Jul. 31, 2026, which is 14% below its 10-year median of 9.64. GuruFocus rates JBHT with a GF Score™ of 82/100 and a GF Value™ of $194.72 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 737 Transportation companies, JB Hunt Transport Services ranks worse than 96.34% on this metric.

As of today (2026-07-31), JB Hunt Transport Services's current share price is $268.93. JB Hunt Transport Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $32.31. JB Hunt Transport Services's Cyclically Adjusted PB Ratio for today is 8.32.

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

JBHT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.57   Med: 9.64   Max: 15.01
Current: 8.32

During the past years, JB Hunt Transport Services's highest Cyclically Adjusted PB Ratio was 15.01. The lowest was 4.57. And the median was 9.64.

JBHT's Cyclically Adjusted PB Ratio is ranked worse than
96.34% of 737 companies
in the Transportation industry
Industry Median: 1.26 vs JBHT: 8.32

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.

JB Hunt Transport Services's adjusted book value per share data for the three months ended in Jun. 2026 was $38.941. 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 $32.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JB Hunt Transport Services  (NAS:JBHT) 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.


JB Hunt Transport Services Cyclically Adjusted PB Ratio Related Terms


JB Hunt Transport Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JB Hunt Transport Services'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.

JB Hunt Transport Services Cyclically Adjusted PB Ratio Chart

JB Hunt Transport Services 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 12.20 8.56 8.38 6.26 6.42

JB Hunt Transport Services 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 4.95 4.50 6.42 6.75 8.96

JBHT vs FDXF, EXPD, CHRW: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, JB Hunt Transport Services'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.


JB Hunt Transport Services Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, JB Hunt Transport Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JB Hunt Transport Services's Cyclically Adjusted PB Ratio falls into.


JBHT
82GF Score
JB Hunt Transport Services Inc JBHT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JB Hunt Transport Services 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.

JB Hunt Transport Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=268.93/32.31
=8.32

* 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.

JB Hunt Transport Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, JB Hunt Transport Services'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)
=38.941/333.9520*333.9520
=38.941

Current CPI (Jun. 2026) = 333.9520.

JB Hunt Transport Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.346 241.428 17.077
201612 12.704 241.432 17.572
201703 12.477 243.801 17.091
201706 12.864 244.955 17.538
201709 13.412 246.819 18.147
201712 16.759 246.524 22.702
201803 17.703 249.554 23.690
201806 18.596 251.989 24.645
201809 19.057 252.439 25.211
201812 19.330 251.233 25.694
201903 20.267 254.202 26.625
201906 20.000 256.143 26.075
201909 20.581 256.759 26.769
201912 21.344 256.974 27.738
202003 21.642 258.115 28.001
202006 22.661 257.797 29.355
202009 23.538 260.280 30.200
202012 24.610 260.474 31.552
202103 25.760 264.877 32.478
202106 26.608 271.696 32.705
202109 27.827 274.310 33.877
202112 29.667 278.802 35.535
202203 31.050 287.504 36.066
202206 32.027 296.311 36.095
202209 33.854 296.808 38.091
202212 35.345 296.797 39.770
202303 36.637 301.836 40.535
202306 37.853 305.109 41.431
202309 38.957 307.789 42.268
202312 39.757 306.746 43.283
202403 40.374 312.332 43.169
202406 39.966 314.175 42.482
202409 39.673 315.301 42.020
202412 39.923 315.605 42.244
202503 38.981 319.799 40.706
202506 37.762 322.561 39.096
202509 37.513 324.800 38.570
202512 37.688 324.054 38.839
202603 38.117 330.213 38.549
202606 38.941 333.952 38.941

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 8.32 mean?
JB Hunt Transport Services (JBHT) has a Cyclically Adjusted PB Ratio of 8.32 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 JB Hunt Transport Services and its competitors. This is 14% below median its historical median of 9.64. Over the past decade, JB Hunt Transport Services' Cyclically Adjusted PB Ratio has ranged from 4.57 to 15.01. According to the industry distribution chart, JB Hunt Transport Services ranks #710 out of 737 companies in the Transportation industry, placing it in the top 96.3%.
Is JB Hunt Transport Services' Cyclically Adjusted PB Ratio too high?
JB Hunt Transport Services' current Cyclically Adjusted PB Ratio of 8.32 is 14% below median its 10-year median of 9.64. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 15.01. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. JB Hunt Transport Services' value of 8.32 is 560.3% above this industry median. Based on the distribution chart, JB Hunt Transport Services ranks #710 out of 737 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, JB Hunt Transport Services has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JB Hunt Transport Services' Cyclically Adjusted PB Ratio compare to FDXF and EXPD?
According to the Transportation industry distribution chart, JB Hunt Transport Services ranks #710 out of 737 companies for Cyclically Adjusted PB Ratio. This places JB Hunt Transport Services in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. JB Hunt Transport Services' value of 8.32 is 560.3% above this benchmark. Historically, JB Hunt Transport Services' own Cyclically Adjusted PB Ratio has ranged from 4.57 to 15.01 over the past decade. While the company's 10-year median is 9.64 vs. the industry median of 1.26, JB Hunt Transport Services 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 737 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. JB Hunt Transport Services's current Cyclically Adjusted PB Ratio of 8.32 is 560.3% 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 JB Hunt Transport Services and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JB Hunt Transport Services's current Cyclically Adjusted PB Ratio is 8.32, which is 14% below median its own 10-year median of 9.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JB Hunt Transport Services stock overvalued right now?
Based on GuruFocus' analysis, JB Hunt Transport Services (JBHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $194.72, compared to a current price of $268.93 — trading 38.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.32, which is 14% below median its 10-year median of 9.64 and 560.3% above the Transportation industry median of 1.26. JB Hunt Transport Services' overall GF Score™ is 82/100 with 8 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 JB Hunt Transport Services (JBHT), the current Cyclically Adjusted PB Ratio is 8.32 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 JB Hunt Transport Services (JBHT) Overvalued in 2026?

Based on GuruFocus' analysis, JB Hunt Transport Services stock appears to be overvalued. The current stock price of $268.93 is trading 38.1% above its estimated GF Value™ of $194.72. GuruFocus considers JB Hunt Transport Services to be Significantly Overvalued.

Key valuation signals for JBHT:

  • Cyclically Adjusted PB Ratio: 8.32 (14% below median its 10-year median of 9.64)
  • GF Value™: $194.72 vs. price of $268.93 (38.1% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 560.3% above the Transportation median (#710 of 737)

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


JB Hunt Transport Services Business Description

Address 615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130
J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales), dedicated trucking services that provide customer-specific fleet needs (27%), for-hire truckload (6%), heavy goods final-mile delivery (7%), and asset-light truck brokerage (12%).
82GF 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.

$268.93
Price
$194.72
GF Value