JBTM (JBT Marel) Cyclically Adjusted PB Ratio: 3.24 (As of Aug. 13, 2026) — 70% Below Median

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JBTM JBT Marel Corp JBTM
82 GF Score
Price $117.53
GF Value $151.82
Valuation Modestly Undervalued
! 4 Warning Signs
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What is JBT Marel Cyclically Adjusted PB Ratio?

JBT Marel JBTM -0.84% 82 Cyclically Adjusted PB Ratio is 3.24 as of Aug. 13, 2026, which is 70% below its 10-year median of 10.94. GuruFocus rates JBTM with a GF Score™ of 82/100 and a GF Value™ of $151.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,229 Industrial Products companies, JBT Marel ranks worse than 65.1% on this metric.

As of today (2026-08-13), JBT Marel's current share price is $117.53. JBT Marel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $36.33. JBT Marel's Cyclically Adjusted PB Ratio for today is 3.24.

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

JBTM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.26   Med: 10.94   Max: 24.96
Current: 3.26

During the past years, JBT Marel's highest Cyclically Adjusted PB Ratio was 24.96. The lowest was 3.26. And the median was 10.94.

JBTM's Cyclically Adjusted PB Ratio is ranked worse than
65.1% of 2229 companies
in the Industrial Products industry
Industry Median: 2.17 vs JBTM: 3.26

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.

JBT Marel's adjusted book value per share data for the three months ended in Jun. 2026 was $86.206. 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 $36.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JBT Marel  (NYSE:JBTM) 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.


JBT Marel Cyclically Adjusted PB Ratio Related Terms


JBT Marel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JBT Marel'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.

JBT Marel Cyclically Adjusted PB Ratio Chart

JBT Marel 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 13.14 6.25 5.45 5.54 4.80

JBT Marel 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 4.41 4.77 4.80 3.76 3.99

JBTM vs NPO, GTES, MIDD: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, JBT Marel'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.


JBT Marel Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, JBT Marel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JBTM
82GF Score
JBT Marel Corp JBTM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JBT Marel 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.

JBT Marel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=117.53/36.33
=3.24

* 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.

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

For example, JBT Marel'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)
=86.206/333.9520*333.9520
=86.206

Current CPI (Jun. 2026) = 333.9520.

JBT Marel Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.800 241.428 8.023
201612 6.170 241.432 8.534
201703 11.900 243.801 16.300
201706 12.734 244.955 17.361
201709 13.631 246.819 18.443
201712 13.994 246.524 18.957
201803 13.269 249.554 17.757
201806 12.992 251.989 17.218
201809 13.681 252.439 18.099
201812 14.495 251.233 19.268
201903 15.113 254.202 19.854
201906 15.791 256.143 20.588
201909 16.540 256.759 21.513
201912 17.984 256.974 23.371
202003 18.022 258.115 23.317
202006 18.804 257.797 24.359
202009 19.269 260.280 24.723
202012 20.079 260.474 25.743
202103 21.182 264.877 26.706
202106 21.585 271.696 26.531
202109 22.265 274.310 27.106
202112 23.613 278.802 28.284
202203 24.665 287.504 28.650
202206 24.789 296.311 27.938
202209 25.306 296.808 28.473
202212 28.468 296.797 32.032
202303 28.001 301.836 30.980
202306 28.935 305.109 31.670
202309 43.128 307.789 46.794
202312 46.835 306.746 50.989
202403 46.846 312.332 50.089
202406 47.701 314.175 50.704
202409 49.782 315.301 52.727
202412 48.493 315.605 51.312
202503 79.041 319.799 82.539
202506 84.181 322.561 87.154
202509 85.063 324.800 87.460
202512 85.885 324.054 88.508
202603 86.129 330.213 87.104
202606 86.206 333.952 86.206

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 3.24 mean?
JBT Marel (JBTM) has a Cyclically Adjusted PB Ratio of 3.24 as of Aug. 13, 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 JBT Marel and its competitors. This is 70% below median its historical median of 10.94. Over the past decade, JBT Marel's Cyclically Adjusted PB Ratio has ranged from 3.26 to 24.96. According to the industry distribution chart, JBT Marel ranks #1451 out of 2229 companies in the Industrial Products industry, placing it in the top 65.1%.
Is JBT Marel's Cyclically Adjusted PB Ratio too high?
JBT Marel's current Cyclically Adjusted PB Ratio of 3.24 is 70% below median its 10-year median of 10.94. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 24.96. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. JBT Marel's value of 3.24 is 49.3% above this industry median. Based on the distribution chart, JBT Marel ranks #1451 out of 2229 companies in the Industrial Products industry, which is below the industry midpoint. Overall, JBT Marel has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JBT Marel's Cyclically Adjusted PB Ratio compare to NPO and GTES?
According to the Industrial Products industry distribution chart, JBT Marel ranks #1451 out of 2229 companies for Cyclically Adjusted PB Ratio. This places JBT Marel in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. JBT Marel's value of 3.24 is 49.3% above this benchmark. Historically, JBT Marel's own Cyclically Adjusted PB Ratio has ranged from 3.26 to 24.96 over the past decade. While the company's 10-year median is 10.94 vs. the industry median of 2.17, JBT Marel 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,229 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. JBT Marel's current Cyclically Adjusted PB Ratio of 3.24 is 49.3% 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 JBT Marel and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBT Marel's current Cyclically Adjusted PB Ratio is 3.24, which is 70% below median its own 10-year median of 10.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBT Marel stock overvalued right now?
Based on GuruFocus' analysis, JBT Marel (JBTM) is currently considered Modestly Undervalued. The stock's GF Value™ is $151.82, compared to a current price of $117.53 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.24, which is 70% below median its 10-year median of 10.94 and 49.3% above the Industrial Products industry median of 2.17. JBT Marel's overall GF Score™ is 82/100 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 JBT Marel (JBTM), the current Cyclically Adjusted PB Ratio is 3.24 as of Aug. 13, 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 JBT Marel (JBTM) Overvalued in 2026?

Based on GuruFocus' analysis, JBT Marel stock appears to be undervalued. The current stock price of $117.53 is trading 22.6% below its estimated GF Value™ of $151.82. GuruFocus considers JBT Marel to be Modestly Undervalued.

Key valuation signals for JBTM:

  • Cyclically Adjusted PB Ratio: 3.24 (70% below median its 10-year median of 10.94)
  • GF Value™: $151.82 vs. price of $117.53 (22.6% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 49.3% above the Industrial Products median (#1451 of 2229)

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


JBT Marel Business Description

Other Exchanges JBTM:MexicoJBTM:Iceland
Address 333 West Wacker Drive, Suite 3400, Chicago, IL, USA, 60606
JBT Marel Corp operates through two reportable segments: Protein Solutions and Prepared Food and Beverage Solutions. The Protein Solutions segment includes businesses that provide solutions for the initial stage processing and harvesting of animal proteins, mainly focusing on poultry, pork, fish, and beef. The Prepared Food and Beverage Solutions segment includes businesses that offer solutions predominantly for downstream value-added preparation, preservation, and packaging of foods and beverages into ready-to-eat or drink products. This segment will also include capabilities for pet food, dairy, bakery, pharmaceutical, nutraceutical, and warehouse automation end markets. The majority of its revenue is generated from the Prepared Food and Beverage Solutions segment.
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.

$117.53
Price
$151.82
GF Value