JGSMY (JG Summit Holdings) Cyclically Adjusted PB Ratio: 0.54 (As of Aug. 24, 2026) — 66% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

JGSMY JG Summit Holdings Inc JGSMY
91 GF Score
Price $7.57
GF Value $9.51
! 1 Warning Sign
View Full Analysis

What is JG Summit Holdings Cyclically Adjusted PB Ratio?

JG Summit Holdings JGSMY 91 Cyclically Adjusted PB Ratio is 0.54 as of Aug. 24, 2026, which is 66% below its 10-year median of 1.57. GuruFocus rates JGSMY with a GF Score™ of 91/100 and a GF Value™ of $9.51. The stock has 1 warning sign investors should review. Among 433 Conglomerates companies, JG Summit Holdings ranks better than 78.06% on this metric.

As of today (2026-08-24), JG Summit Holdings's current share price is $7.57. JG Summit Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $13.98. JG Summit Holdings's Cyclically Adjusted PB Ratio for today is 0.54.

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

JGSMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.57   Max: 3.64
Current: 0.44

During the past years, JG Summit Holdings's highest Cyclically Adjusted PB Ratio was 3.64. The lowest was 0.33. And the median was 1.57.

JGSMY's Cyclically Adjusted PB Ratio is ranked better than
78.06% of 433 companies
in the Conglomerates industry
Industry Median: 1.01 vs JGSMY: 0.44

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.

JG Summit Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was $12.264. 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 $13.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JG Summit Holdings  (OTCPK:JGSMY) 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.


JG Summit Holdings Cyclically Adjusted PB Ratio Related Terms


JG Summit Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JG Summit Holdings'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.

JG Summit Holdings Cyclically Adjusted PB Ratio Chart

JG Summit Holdings 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 1.44 1.23 0.88 0.45 0.50

JG Summit Holdings 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 0.42 0.48 0.50 0.57 0.54

JGSMY vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, JG Summit Holdings'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.


JG Summit Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, JG Summit Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JG Summit Holdings's Cyclically Adjusted PB Ratio falls into.


JGSMY
91GF Score
JG Summit Holdings Inc JGSMY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JG Summit Holdings 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.

JG Summit Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.57/13.98
=0.54

* 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.

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

For example, JG Summit Holdings'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)
=12.264/333.9520*333.9520
=12.264

Current CPI (Jun. 2026) = 333.9520.

JG Summit Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.342 241.428 14.305
201612 10.299 241.432 14.246
201703 10.811 243.801 14.809
201706 11.110 244.955 15.146
201709 11.309 246.819 15.301
201712 11.517 246.524 15.601
201803 11.697 249.554 15.653
201806 11.701 251.989 15.507
201809 11.946 252.439 15.803
201812 11.891 251.233 15.806
201903 12.262 254.202 16.109
201906 12.719 256.143 16.583
201909 12.853 256.759 16.717
201912 13.105 256.974 17.031
202003 13.287 258.115 17.191
202006 13.213 257.797 17.116
202009 13.340 260.280 17.116
202012 13.257 260.474 16.997
202103 13.143 264.877 16.570
202106 13.137 271.696 16.147
202109 13.902 274.310 16.925
202112 14.418 278.802 17.270
202203 14.244 287.504 16.545
202206 13.978 296.311 15.754
202209 13.901 296.808 15.641
202212 13.757 296.797 15.479
202303 14.089 301.836 15.588
202306 14.099 305.109 15.432
202309 14.162 307.789 15.366
202312 14.443 306.746 15.724
202403 15.090 312.332 16.135
202406 15.414 314.175 16.384
202409 15.790 315.301 16.724
202412 15.670 315.605 16.581
202503 15.908 319.799 16.612
202506 16.335 322.561 16.912
202509 16.461 324.800 16.925
202512 12.066 324.054 12.435
202603 12.376 330.213 12.516
202606 12.264 333.952 12.264

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 0.54 mean?
JG Summit Holdings (JGSMY) has a Cyclically Adjusted PB Ratio of 0.54 as of Aug. 24, 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 JG Summit Holdings and its competitors. This is 66% below median its historical median of 1.57. Over the past decade, JG Summit Holdings' Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.64. According to the industry distribution chart, JG Summit Holdings ranks #95 out of 433 companies in the Conglomerates industry, placing it in the top 21.9%.
Is JG Summit Holdings' Cyclically Adjusted PB Ratio too high?
JG Summit Holdings' current Cyclically Adjusted PB Ratio of 0.54 is 66% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 3.64. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. JG Summit Holdings' value of 0.54 is 46.5% below this industry median. Based on the distribution chart, JG Summit Holdings ranks #95 out of 433 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, JG Summit Holdings has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does JG Summit Holdings' Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, JG Summit Holdings ranks #95 out of 433 companies for Cyclically Adjusted PB Ratio. This places JG Summit Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.01. JG Summit Holdings' value of 0.54 is 46.5% below this benchmark. Historically, JG Summit Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.64 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.01, JG Summit Holdings 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 433 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. JG Summit Holdings's current Cyclically Adjusted PB Ratio of 0.54 is 46.5% 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 JG Summit Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JG Summit Holdings's current Cyclically Adjusted PB Ratio is 0.54, which is 66% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Summit Holdings stock overvalued right now?
JG Summit Holdings (JGSMY) has a current Cyclically Adjusted PB Ratio of 0.54. The stock's GF Value™ is $9.51, compared to a current price of $7.57 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 66% below median its 10-year median of 1.57 and 46.5% below the Conglomerates industry median of 1.01. JG Summit Holdings' overall GF Score™ is 91/100 with 1 warning sign 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 JG Summit Holdings (JGSMY), the current Cyclically Adjusted PB Ratio is 0.54 as of Aug. 24, 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 JG Summit Holdings (JGSMY) Overvalued in 2026?

Based on GuruFocus' analysis, JG Summit Holdings stock appears to be undervalued. The current stock price of $7.57 is trading 20.4% below its estimated GF Value™ of $9.51.

Key valuation signals for JGSMY:

  • Cyclically Adjusted PB Ratio: 0.54 (66% below median its 10-year median of 1.57)
  • GF Value™: $9.51 vs. price of $7.57 (20.4% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 46.5% below the Conglomerates median (#95 of 433)

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


JG Summit Holdings Business Description

Other Exchanges JGSHF:USAJGS:Philippines
Address ADB Avenue Corner, Poveda Road, 43rd Floor, Robinsons-Equitable Tower, Ortigas Center, Metro Manila, Pasig City, RIZ, PHL, 1600
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in food, agro-industrial, and commodities, real estate and hotel, air transportation, banking, and petrochemicals. The company also has investments in telecommunications and power generation, and distribution. It also has a branded consumer foods business in China, ASEAN, and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, around Metro Manila, and in the regions of Luzon, Visayas, and Mindanao.
91GF Score

Get the complete analysis for JGSMY

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

$7.57
Price
$9.51
GF Value