Jabil (JBL) Cyclically Adjusted PB Ratio: 18.06 (As of Aug. 03, 2026) — 346% Above Median

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JBL Jabil Inc JBL
85 GF Score
Price $315.05
GF Value $194.15
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Jabil Cyclically Adjusted PB Ratio?

Jabil JBL +2.12% 85 Cyclically Adjusted PB Ratio is 18.06 as of Aug. 03, 2026, which is 346% above its 10-year median of 4.05. GuruFocus rates JBL with a GF Score™ of 85/100 and a GF Value™ of $194.15 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,972 Hardware companies, Jabil ranks worse than 95.99% on this metric.

As of today (2026-08-03), Jabil's current share price is $315.05. Jabil's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $17.44. Jabil's Cyclically Adjusted PB Ratio for today is 18.06.

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

JBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 4.05   Max: 22.07
Current: 18.06

During the past years, Jabil's highest Cyclically Adjusted PB Ratio was 22.07. The lowest was 1.50. And the median was 4.05.

JBL's Cyclically Adjusted PB Ratio is ranked worse than
95.99% of 1972 companies
in the Hardware industry
Industry Median: 2 vs JBL: 18.06

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 May. 2026 was $12.621. 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 $17.44 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jabil  (NYSE: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


Jabil Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Jabil Cyclically Adjusted PB Ratio Chart

Jabil Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 4.01 7.05 6.42 11.88

Jabil Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9.79 11.88 12.30 15.46 20.90

JBL vs FLEX, FN, TTMI: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


JBL
85GF Score
Jabil Inc JBL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=315.05/17.44
=18.06

* 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 May. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=12.621/335.1230*335.1230
=12.621

Current CPI (May. 2026) = 335.1230.

Jabil Quarterly Data

Book Value per Share CPI Adj_Book
201608 13.038 240.849 18.141
201611 12.965 241.353 18.002
201702 13.224 243.603 18.192
201705 12.969 244.733 17.759
201708 13.242 245.519 18.075
201711 13.214 246.669 17.952
201802 13.263 248.991 17.851
201805 12.874 251.588 17.149
201808 11.849 252.146 15.748
201811 11.975 252.038 15.923
201902 12.083 252.776 16.019
201905 12.130 256.092 15.873
201908 12.294 256.558 16.059
201911 12.053 257.208 15.704
202002 11.537 258.678 14.946
202005 10.841 256.394 14.170
202008 12.047 259.918 15.533
202011 13.154 260.229 16.940
202102 13.987 263.014 17.822
202105 14.560 269.195 18.126
202108 14.782 273.567 18.108
202111 15.302 277.948 18.450
202202 16.412 283.716 19.386
202205 16.968 292.296 19.454
202208 18.089 296.171 20.468
202211 18.841 297.711 21.209
202302 20.062 300.840 22.348
202305 20.830 304.127 22.953
202308 21.829 307.026 23.827
202311 19.705 307.051 21.507
202402 21.708 310.326 23.443
202405 19.171 314.069 20.456
202408 15.271 314.796 16.257
202411 14.262 315.493 15.149
202502 12.397 319.082 13.020
202505 11.974 321.465 12.483
202508 14.077 323.976 14.561
202511 12.582 324.122 13.009
202602 12.701 326.785 13.025
202605 12.621 335.123 12.621

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 18.06 mean?
Jabil (JBL) has a Cyclically Adjusted PB Ratio of 18.06 as of Aug. 03, 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 Jabil and its competitors. This is 346% above median its historical median of 4.05. Over the past decade, Jabil's Cyclically Adjusted PB Ratio has ranged from 1.50 to 22.07. According to the industry distribution chart, Jabil ranks #1893 out of 1972 companies in the Hardware industry, placing it in the top 96%.
Is Jabil's Cyclically Adjusted PB Ratio too high?
Jabil's current Cyclically Adjusted PB Ratio of 18.06 is 346% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 22.07. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Jabil's value of 18.06 is 803% above this industry median. Based on the distribution chart, Jabil ranks #1893 out of 1972 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Jabil has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jabil's Cyclically Adjusted PB Ratio compare to FLEX and FN?
According to the Hardware industry distribution chart, Jabil ranks #1893 out of 1972 companies for Cyclically Adjusted PB Ratio. This places Jabil in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Jabil's value of 18.06 is 803% above this benchmark. Historically, Jabil's own Cyclically Adjusted PB Ratio has ranged from 1.50 to 22.07 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 2.00, Jabil 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,972 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. Jabil's current Cyclically Adjusted PB Ratio of 18.06 is 803% 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 Jabil and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jabil's current Cyclically Adjusted PB Ratio is 18.06, which is 346% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jabil stock overvalued right now?
Based on GuruFocus' analysis, Jabil (JBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $194.15, compared to a current price of $315.05 — trading 62.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 18.06, which is 346% above median its 10-year median of 4.05 and 803% above the Hardware industry median of 2.00. Jabil's overall GF Score™ is 85/100 with 2 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 Jabil (JBL), the current Cyclically Adjusted PB Ratio is 18.06 as of Aug. 03, 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 Jabil (JBL) Overvalued in 2026?

Based on GuruFocus' analysis, Jabil stock appears to be overvalued. The current stock price of $315.05 is trading 62.3% above its estimated GF Value™ of $194.15. GuruFocus considers Jabil to be Significantly Overvalued.

Key valuation signals for JBL:

  • Cyclically Adjusted PB Ratio: 18.06 (346% above median its 10-year median of 4.05)
  • GF Value™: $194.15 vs. price of $315.05 (62.3% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 803% above the Hardware median (#1893 of 1972)

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


Jabil Business Description

Address 10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc. is a U.S based company providing engineering, manufacturing, and supply chain solutions. It provides comprehensive electronics design, production, and product management services to companies in various industries and end markets. It operates through three segments: Regulated Industries, serving automotive, healthcare, and renewables; Intelligent Infrastructure, focused on AI, cloud, data centers, and communications, driving the majority of revenue; and Connected Living and Digital Commerce, specializing in digitalization and automation, such as robotics and warehouse automation. The company operates in the U.S., Mexico, China, Malaysia, Singapore, and several other markets.
85GF 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.

$315.05
Price
$194.15
GF Value