JRSH (Jerash Holdings (US)) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 22, 2026) — 57% Above Median

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JRSH Jerash Holdings (US) Inc JRSH
82 GF Score
Price $5.48
GF Value $3.95
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Jerash Holdings (US) Cyclically Adjusted PB Ratio?

Jerash Holdings (US) JRSH -0.36% 82 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 22, 2026, which is 57% above its 10-year median of 0.63. GuruFocus rates JRSH with a GF Score™ of 82/100 and a GF Value™ of $3.95 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 770 Manufacturing - Apparel & Accessories companies, Jerash Holdings (US) ranks worse than 50.91% on this metric.

As of today (2026-08-22), Jerash Holdings (US)'s current share price is $5.48. Jerash Holdings (US)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.52. Jerash Holdings (US)'s Cyclically Adjusted PB Ratio for today is 0.99.

The historical rank and industry rank for Jerash Holdings (US)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

JRSH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.63   Max: 0.99
Current: 0.99

During the past years, Jerash Holdings (US)'s highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.54. And the median was 0.63.

JRSH's Cyclically Adjusted PB Ratio is ranked worse than
50.91% of 770 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs JRSH: 0.99

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.

Jerash Holdings (US)'s adjusted book value per share data for the three months ended in Jun. 2026 was $5.198. 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 $5.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jerash Holdings (US)  (NAS:JRSH) 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.


Jerash Holdings (US) Cyclically Adjusted PB Ratio Related Terms


Jerash Holdings (US) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jerash Holdings (US)'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.

Jerash Holdings (US) Cyclically Adjusted PB Ratio Chart

Jerash Holdings (US) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.53

Jerash Holdings (US) 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 0.63 0.63 0.58 0.53 0.87

JRSH vs PLCE, VNCE, JXG: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Jerash Holdings (US)'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.


Jerash Holdings (US) Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerash Holdings (US)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jerash Holdings (US)'s Cyclically Adjusted PB Ratio falls into.


JRSH
82GF Score
Jerash Holdings (US) Inc JRSH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jerash Holdings (US) 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.

Jerash Holdings (US)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.48/5.52
=0.99

* 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.

Jerash Holdings (US)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jerash Holdings (US)'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)
=5.198/333.9520*333.9520
=5.198

Current CPI (Jun. 2026) = 333.9520.

Jerash Holdings (US) Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 1.669 241.432 2.309
201703 1.916 243.801 2.624
201706 2.314 244.955 3.155
201709 2.875 246.819 3.890
201712 3.065 246.524 4.152
201803 2.980 249.554 3.988
201806 3.947 251.989 5.231
201809 4.369 252.439 5.780
201812 4.463 251.233 5.932
201903 4.411 254.202 5.795
201906 4.498 256.143 5.864
201909 4.782 256.759 6.220
201912 4.915 256.974 6.387
202003 4.808 258.115 6.221
202006 4.833 257.797 6.261
202009 5.009 260.280 6.427
202012 4.969 260.474 6.371
202103 4.976 264.877 6.274
202106 5.103 271.696 6.272
202109 5.473 274.310 6.663
202112 5.653 278.802 6.771
202203 5.619 287.504 6.527
202206 5.632 296.311 6.347
202209 5.711 296.808 6.426
202212 5.742 296.797 6.461
202303 5.550 301.836 6.141
202306 5.552 305.109 6.077
202309 5.547 307.789 6.019
202312 5.542 306.746 6.034
202403 5.237 312.332 5.600
202406 5.116 314.175 5.438
202409 5.159 315.301 5.464
202412 5.135 315.605 5.434
202503 4.946 319.799 5.165
202506 4.940 322.561 5.114
202509 4.943 324.800 5.082
202512 5.007 324.054 5.160
202603 5.100 330.213 5.158
202606 5.198 333.952 5.198

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 0.99 mean?
Jerash Holdings (US) (JRSH) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 22, 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 Jerash Holdings (US) and its competitors. This is 57% above median its historical median of 0.63. Over the past decade, Jerash Holdings (US)'s Cyclically Adjusted PB Ratio has ranged from 0.54 to 0.99. According to the industry distribution chart, Jerash Holdings (US) ranks #392 out of 770 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.9%.
Is Jerash Holdings (US)'s Cyclically Adjusted PB Ratio too high?
Jerash Holdings (US)'s current Cyclically Adjusted PB Ratio of 0.99 is 57% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.99. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Jerash Holdings (US)'s value of 0.99 is 4.2% above this industry median. Based on the distribution chart, Jerash Holdings (US) ranks #392 out of 770 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Jerash Holdings (US) has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jerash Holdings (US)'s Cyclically Adjusted PB Ratio compare to PLCE and VNCE?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jerash Holdings (US) ranks #392 out of 770 companies for Cyclically Adjusted PB Ratio. This places Jerash Holdings (US) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Jerash Holdings (US)'s value of 0.99 is 4.2% above this benchmark. Historically, Jerash Holdings (US)'s own Cyclically Adjusted PB Ratio has ranged from 0.54 to 0.99 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.95, Jerash Holdings (US) 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 770 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. Jerash Holdings (US)'s current Cyclically Adjusted PB Ratio of 0.99 is 4.2% 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 Jerash Holdings (US) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jerash Holdings (US)'s current Cyclically Adjusted PB Ratio is 0.99, which is 57% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jerash Holdings (US) stock overvalued right now?
Based on GuruFocus' analysis, Jerash Holdings (US) (JRSH) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.95, compared to a current price of $5.48 — trading 38.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 57% above median its 10-year median of 0.63 and 4.2% above the Manufacturing - Apparel & Accessories industry median of 0.95. Jerash Holdings (US)'s 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 Jerash Holdings (US) (JRSH), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 22, 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 Jerash Holdings (US) (JRSH) Overvalued in 2026?

Based on GuruFocus' analysis, Jerash Holdings (US) stock appears to be overvalued. The current stock price of $5.48 is trading 38.7% above its estimated GF Value™ of $3.95. GuruFocus considers Jerash Holdings (US) to be Significantly Overvalued.

Key valuation signals for JRSH:

  • Cyclically Adjusted PB Ratio: 0.99 (57% above median its 10-year median of 0.63)
  • GF Value™: $3.95 vs. price of $5.48 (38.7% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 4.2% above the Manufacturing - Apparel & Accessories median (#392 of 770)

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


Jerash Holdings (US) Business Description

Address 277 Fairfield Road, Suite 338, Fairfield, NJ, USA, 07004
Jerash Holdings (US) Inc along with its subsidiaries, is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers, including Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, and Philip-Van Heusen, which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, and Speedo. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. Geographically, the company generates maximum revenue from the United States.
82GF Score

Get the complete analysis for JRSH

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

$5.48
Price
$3.95
GF Value