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JTEKT (JTEKY) Cyclically Adjusted PB Ratio : 0.69 (As of May. 30, 2025)


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What is JTEKT Cyclically Adjusted PB Ratio?

As of today (2025-05-30), JTEKT's current share price is $24.00. JTEKT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $34.59. JTEKT's Cyclically Adjusted PB Ratio for today is 0.69.

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

JTEKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.77   Max: 1.79
Current: 0.62

During the past years, JTEKT's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.49. And the median was 0.77.

JTEKY's Cyclically Adjusted PB Ratio is ranked better than
71.77% of 974 companies
in the Vehicles & Parts industry
Industry Median: 1.195 vs JTEKY: 0.62

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.

JTEKT's adjusted book value per share data for the three months ended in Mar. 2025 was $47.101. 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 $34.59 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


JTEKT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JTEKT'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.

* Premium members only.

JTEKT Cyclically Adjusted PB Ratio Chart

JTEKT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.68 0.66 0.84 0.62

JTEKT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.84 - 0.58 0.65 0.62

Competitive Comparison of JTEKT's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, JTEKT'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.


JTEKT's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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JTEKT 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.

JTEKT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.00/34.59
=0.69

* 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.

JTEKT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, JTEKT's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=47.101/111.1000*111.1000
=47.101

Current CPI (Mar. 2025) = 111.1000.

JTEKT Quarterly Data

Book Value per Share CPI Adj_Book
201506 34.459 98.400 38.906
201509 34.603 98.500 39.029
201512 34.663 98.100 39.256
201603 35.260 97.900 40.014
201606 35.397 98.100 40.088
201609 36.629 98.000 41.525
201612 35.443 98.400 40.017
201703 37.782 98.100 42.789
201706 39.731 98.500 44.813
201709 41.591 98.800 46.769
201712 42.085 99.400 47.039
201803 45.127 99.200 50.540
201806 42.573 99.200 47.680
201809 43.001 99.900 47.822
201812 41.621 99.700 46.380
201903 43.345 99.700 48.301
201906 42.676 99.800 47.508
201909 42.439 100.100 47.103
201912 42.604 100.500 47.098
202003 40.568 100.300 44.936
202006 38.859 99.900 43.216
202009 39.952 99.900 44.431
202012 42.699 99.300 47.773
202103 44.333 99.900 49.303
202106 45.215 99.500 50.486
202109 45.213 100.100 50.181
202112 44.758 100.100 49.676
202203 46.032 101.100 50.585
202206 42.246 101.800 46.105
202209 40.086 103.100 43.196
202212 41.500 104.100 44.291
202303 43.664 104.400 46.466
202306 43.736 105.200 46.189
202309 43.073 106.200 45.060
202312 43.946 106.800 45.715
202403 46.062 107.200 47.738
202406 0.000 108.200 0.000
202409 47.969 108.900 48.938
202412 45.995 110.700 46.161
202503 47.101 111.100 47.101

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.


JTEKT  (OTCPK:JTEKY) 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.


JTEKT Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of JTEKT's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JTEKT Business Description

Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

JTEKT Headlines