JCTC (Jewett-Cameron Trading Co) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 16, 2026) — 78% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

JCTC Jewett-Cameron Trading Co Ltd JCTC
65 GF Score
Price $2.79
GF Value $3.32
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio?

Jewett-Cameron Trading Co JCTC +4.69% 65 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 16, 2026, which is 78% below its 10-year median of 1.89. GuruFocus rates JCTC with a GF Score™ of 65/100 and a GF Value™ of $3.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 244 Forest Products companies, Jewett-Cameron Trading Co ranks better than 71.72% on this metric.

As of today (2026-07-16), Jewett-Cameron Trading Co's current share price is $2.79. Jewett-Cameron Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $6.76. Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

JCTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.89   Max: 2.95
Current: 0.39

During the past years, Jewett-Cameron Trading Co's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.25. And the median was 1.89.

JCTC's Cyclically Adjusted PB Ratio is ranked better than
71.72% of 244 companies
in the Forest Products industry
Industry Median: 0.775 vs JCTC: 0.39

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.

Jewett-Cameron Trading Co's adjusted book value per share data for the three months ended in May. 2026 was $4.197. 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 $6.76 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jewett-Cameron Trading Co  (NAS:JCTC) 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.


Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio Related Terms


Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jewett-Cameron Trading Co'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.

Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio Chart

Jewett-Cameron Trading Co 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 2.32 1.20 0.78 0.74 0.55

Jewett-Cameron Trading Co 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 0.59 0.55 0.37 0.28 0.32

JCTC vs ITP, SSD, UFPI: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Jewett-Cameron Trading Co'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.


Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio falls into.


JCTC
65GF Score
Jewett-Cameron Trading Co Ltd JCTC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jewett-Cameron Trading Co 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.

Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.79/6.76
=0.41

* 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.

Jewett-Cameron Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Jewett-Cameron Trading Co'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)
=4.197/335.1230*335.1230
=4.197

Current CPI (May. 2026) = 335.1230.

Jewett-Cameron Trading Co Quarterly Data

Book Value per Share CPI Adj_Book
201608 3.832 240.849 5.332
201611 3.939 241.353 5.469
201702 4.006 243.603 5.511
201705 4.270 244.733 5.847
201708 4.414 245.519 6.025
201711 4.486 246.669 6.095
201802 4.599 248.991 6.190
201805 4.910 251.588 6.540
201808 4.953 252.146 6.583
201811 4.937 252.038 6.564
201902 4.960 252.776 6.576
201905 5.051 256.092 6.610
201908 5.145 256.558 6.721
201911 5.143 257.208 6.701
202002 4.706 258.678 6.097
202005 5.108 256.394 6.676
202008 5.558 259.918 7.166
202011 5.699 260.229 7.339
202102 5.690 263.014 7.250
202105 6.383 269.195 7.946
202108 6.556 273.567 8.031
202111 6.448 277.948 7.774
202202 6.525 283.716 7.707
202205 6.953 292.296 7.972
202208 6.894 296.171 7.801
202211 6.872 297.711 7.736
202302 6.594 300.840 7.345
202305 6.804 304.127 7.497
202308 6.887 307.026 7.517
202311 7.256 307.051 7.919
202402 7.100 310.326 7.667
202405 7.145 314.069 7.624
202408 7.090 314.796 7.548
202411 6.902 315.493 7.331
202502 6.731 319.082 7.069
202505 6.546 321.465 6.824
202508 5.907 323.976 6.110
202511 4.786 324.122 4.948
202602 4.429 326.785 4.542
202605 4.197 335.123 4.197

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 0.41 mean?
Jewett-Cameron Trading Co (JCTC) has a Cyclically Adjusted PB Ratio of 0.41 as of Jul. 16, 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 Jewett-Cameron Trading Co and its competitors. This is 78% below median its historical median of 1.89. Over the past decade, Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio has ranged from 0.25 to 2.95. According to the industry distribution chart, Jewett-Cameron Trading Co ranks #69 out of 244 companies in the Forest Products industry, placing it in the top 28.3%.
Is Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio too high?
Jewett-Cameron Trading Co's current Cyclically Adjusted PB Ratio of 0.41 is 78% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.95. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.78. Jewett-Cameron Trading Co's value of 0.41 is 47.1% below this industry median. Based on the distribution chart, Jewett-Cameron Trading Co ranks #69 out of 244 companies in the Forest Products industry, which is above the industry midpoint. Overall, Jewett-Cameron Trading Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio compare to ITP and SSD?
According to the Forest Products industry distribution chart, Jewett-Cameron Trading Co ranks #69 out of 244 companies for Cyclically Adjusted PB Ratio. This puts Jewett-Cameron Trading Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.78. Jewett-Cameron Trading Co's value of 0.41 is 47.1% below this benchmark. Historically, Jewett-Cameron Trading Co's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 2.95 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 0.78, Jewett-Cameron Trading Co has consistently been below 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.78, based on 244 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. Jewett-Cameron Trading Co's current Cyclically Adjusted PB Ratio of 0.41 is 47.1% below 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 Jewett-Cameron Trading Co and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jewett-Cameron Trading Co's current Cyclically Adjusted PB Ratio is 0.41, which is 78% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jewett-Cameron Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Jewett-Cameron Trading Co (JCTC) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.32, compared to a current price of $2.79 — trading 16% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 78% below median its 10-year median of 1.89 and 47.1% below the Forest Products industry median of 0.78. Jewett-Cameron Trading Co's overall GF Score™ is 65/100 with 3 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 Jewett-Cameron Trading Co (JCTC), the current Cyclically Adjusted PB Ratio is 0.41 as of Jul. 16, 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 Jewett-Cameron Trading Co (JCTC) Overvalued in 2026?

Based on GuruFocus' analysis, Jewett-Cameron Trading Co stock appears to be undervalued. The current stock price of $2.79 is trading 16% below its estimated GF Value™ of $3.32. GuruFocus considers Jewett-Cameron Trading Co to be Modestly Undervalued.

Key valuation signals for JCTC:

  • Cyclically Adjusted PB Ratio: 0.41 (78% below median its 10-year median of 1.89)
  • GF Value™: $3.32 vs. price of $2.79 (16% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 47.1% below the Forest Products median (#69 of 244)

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


Jewett-Cameron Trading Co Business Description

Address 32275 North West Hillcrest, North Plains, OR, USA, 97133
Jewett-Cameron Trading Co Ltd through its subsidiaries engages in the wholesale distribution of a variety of specialty wood products. Its operating segments include, The Industrial wood products segment is engaged in the processing and distribution of industrial wood products. The Pet Fencing and Other segment, which is the key revenue driver, operates as a wholesaler of wood products and a manufacturer and distributor of specialty metal products. The Seed processing and sales segment processes and distributes agricultural seed and Corporate and administrative. The company predominantly operates in the United States and also has a presence in Canada, Latin America, Europe and Asia Pacific, and other regions.
65GF Score

Get the complete analysis for JCTC

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

$2.79
Price
$3.32
GF Value