JTEKT (JTEKY) Cyclically Adjusted PB Ratio: 1.30 (As of Sep. 13, 2026) — 60% Above 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.

JTEKY JTEKT Corp JTEKY
63 GF Score
Price $40.00
GF Value $30.36
! 4 Warning Signs
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What is JTEKT Cyclically Adjusted PB Ratio?

JTEKT JTEKY 63 Cyclically Adjusted PB Ratio is 1.30 as of Sep. 13, 2026, which is 60% above its 10-year median of 0.81. GuruFocus rates JTEKY with a GF Score™ of 63/100 and a GF Value™ of $30.36. The stock has 4 warning signs investors should review. Among 925 Vehicles & Parts companies, JTEKT ranks better than 53.95% on this metric.

As of today (2026-09-13), JTEKT's current share price is $40.00. JTEKT's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $30.79. JTEKT's Cyclically Adjusted PB Ratio for today is 1.30.

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: 0.81   Max: 1.79
Current: 1.02

During the past years, JTEKT's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.49. And the median was 0.81.

JTEKY's Cyclically Adjusted PB Ratio is ranked better than
53.95% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.21 vs JTEKY: 1.02

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 Jun. 2026 was $47.444. 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 $30.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


JTEKT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

JTEKT Cyclically Adjusted PB Ratio Chart

JTEKT 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 0.68 0.66 0.84 0.62 0.84

JTEKT 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 0.64 0.78 0.90 0.84 1.01

JTEKY vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


JTEKY
63GF Score
JTEKT Corp JTEKY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=40.00/30.79
=1.30

* 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 Jun. 2026 is calculated as:

For example, JTEKT'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)
=47.444/113.6000*113.6000
=47.444

Current CPI (Jun. 2026) = 113.6000.

JTEKT Quarterly Data

Book Value per Share CPI Adj_Book
201609 36.629 98.000 42.460
201612 35.443 98.400 40.918
201703 37.782 98.100 43.752
201706 39.731 98.500 45.822
201709 41.591 98.800 47.821
201712 42.085 99.400 48.097
201803 45.127 99.200 51.678
201806 42.573 99.200 48.753
201809 43.001 99.900 48.898
201812 41.621 99.700 47.424
201903 43.345 99.700 49.388
201906 42.676 99.800 48.577
201909 42.439 100.100 48.163
201912 42.604 100.500 48.157
202003 40.568 100.300 45.947
202006 38.859 99.900 44.188
202009 39.952 99.900 45.431
202012 42.699 99.300 48.848
202103 44.333 99.900 50.413
202106 45.215 99.500 51.622
202109 45.213 100.100 51.311
202112 44.758 100.100 50.794
202203 46.032 101.100 51.723
202206 42.246 101.800 47.143
202209 40.086 103.100 44.168
202212 41.500 104.100 45.287
202303 43.664 104.400 47.512
202306 43.736 105.200 47.228
202309 43.073 106.200 46.074
202312 43.946 106.800 46.744
202403 46.062 107.200 48.812
202406 0.000 108.200 0.000
202409 47.969 108.900 50.039
202412 45.995 110.700 47.200
202503 47.107 111.100 48.167
202506 47.554 111.700 48.363
202509 47.742 112.000 48.424
202512 46.992 113.000 47.242
202603 46.930 112.700 47.305
202606 47.444 113.600 47.444

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 1.30 mean?
JTEKT (JTEKY) has a Cyclically Adjusted PB Ratio of 1.30 as of Sep. 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 JTEKT and its competitors. This is 60% above median its historical median of 0.81. Over the past decade, JTEKT's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.79. According to the industry distribution chart, JTEKT ranks #426 out of 925 companies in the Vehicles & Parts industry, placing it in the top 46.1%.
Is JTEKT's Cyclically Adjusted PB Ratio too high?
JTEKT's current Cyclically Adjusted PB Ratio of 1.30 is 60% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.79. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.21. JTEKT's value of 1.30 is 7.4% above this industry median. Based on the distribution chart, JTEKT ranks #426 out of 925 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, JTEKT has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does JTEKT's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JTEKT ranks #426 out of 925 companies for Cyclically Adjusted PB Ratio. This puts JTEKT in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. JTEKT's value of 1.30 is 7.4% above this benchmark. Historically, JTEKT's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.79 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.21, JTEKT 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.21, based on 925 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. JTEKT's current Cyclically Adjusted PB Ratio of 1.30 is 7.4% 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 JTEKT and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTEKT's current Cyclically Adjusted PB Ratio is 1.30, which is 60% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTEKT stock overvalued right now?
JTEKT (JTEKY) has a current Cyclically Adjusted PB Ratio of 1.30. The stock's GF Value™ is $30.36, compared to a current price of $40.00 — trading 31.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 60% above median its 10-year median of 0.81 and 7.4% above the Vehicles & Parts industry median of 1.21. JTEKT's overall GF Score™ is 63/100 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 JTEKT (JTEKY), the current Cyclically Adjusted PB Ratio is 1.30 as of Sep. 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 JTEKT (JTEKY) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT stock appears to be overvalued. The current stock price of $40.00 is trading 31.8% above its estimated GF Value™ of $30.36.

Key valuation signals for JTEKY:

  • Cyclically Adjusted PB Ratio: 1.30 (60% above median its 10-year median of 0.81)
  • GF Value™: $30.36 vs. price of $40.00 (31.8% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 7.4% above the Vehicles & Parts median (#426 of 925)

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


JTEKT Business Description

Other Exchanges 6473:Japan6JK:Germany
Address 1-1 Asahicho, Aichi Prefecture, Kariya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company operates through three segments. The Automobile segment offers products such as electric and hydraulic power steering systems, electronically controlled 4WD coupling (ITCC), Torsen, and pressure reducing valves for fuel cell vehicles. The Industrial Equipment/Bearings segment provides roller bearings, ball bearings, bearing units, oil seals, and related products. The Machine Tools segment includes grinding machines, machining centers, cutting machines, control equipment, including IoE-related products, and industrial heat treatment furnaces. It generates the majority of its revenue from the Automobile segment.
63GF 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.

$40.00
Price
$30.36
GF Value