JYNT (The Joint) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

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.

JYNT The Joint Corp JYNT
64 GF Score
Price $8.33
GF Value $11.30
Valuation Modestly Undervalued
! 4 Warning Signs
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What is The Joint Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Joint  (NAS:JYNT) 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.


The Joint Cyclically Adjusted PB Ratio Related Terms


The Joint Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Joint'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.

The Joint Cyclically Adjusted PB Ratio Chart

The Joint 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 0.00 0.00 7.95 8.04 6.67

The Joint 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 8.67 7.12 6.67 6.75 0.00

JYNT vs WW, PARK, BTMD: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, The Joint'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.


The Joint Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, The Joint's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JYNT
64GF Score
The Joint Corp JYNT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Joint 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.

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

For example, The Joint'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)
=1.113/333.9520*333.9520
=1.113

Current CPI (Jun. 2026) = 333.9520.

The Joint Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.964 241.428 1.333
201612 0.532 241.432 0.736
201703 0.420 243.801 0.575
201706 0.348 244.955 0.474
201709 0.348 246.819 0.471
201712 0.085 246.524 0.115
201803 0.078 249.554 0.104
201806 0.098 251.989 0.130
201809 0.097 252.439 0.128
201812 0.053 251.233 0.070
201903 0.150 254.202 0.197
201906 0.198 256.143 0.258
201909 0.274 256.759 0.356
201912 0.412 256.974 0.535
202003 0.497 258.115 0.643
202006 0.535 257.797 0.693
202009 0.670 260.280 0.860
202012 1.492 260.474 1.913
202103 1.635 264.877 2.061
202106 1.873 271.696 2.302
202109 2.015 274.310 2.453
202112 2.100 278.802 2.515
202203 2.054 287.504 2.386
202206 2.101 296.311 2.368
202209 2.168 296.808 2.439
202212 2.241 296.797 2.522
202303 2.396 301.836 2.651
202306 2.405 305.109 2.632
202309 2.390 307.789 2.593
202312 1.678 306.746 1.827
202403 1.753 312.332 1.874
202406 1.549 314.175 1.647
202409 1.367 315.301 1.448
202412 1.362 315.605 1.441
202503 1.301 319.799 1.359
202506 1.516 322.561 1.570
202509 1.496 324.800 1.538
202512 1.064 324.054 1.096
202603 1.084 330.213 1.096
202606 1.113 333.952 1.113

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.

Is The Joint (JYNT) Overvalued in 2026?

Based on GuruFocus' analysis, The Joint stock appears to be undervalued. The current stock price of $8.33 is trading 26.3% below its estimated GF Value™ of $11.30. GuruFocus considers The Joint to be Modestly Undervalued.

Key valuation signals for JYNT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $11.30 vs. price of $8.33 (26.3% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


The Joint Business Description

Address 16767 North Perimeter Drive, Suite 110, Scottsdale, AZ, USA, 85260
The Joint Corp develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and the sales of regional developer rights throughout the United States. The doctors of chiropractic develop personalized treatment plans to relieve patients' pain and deliver ongoing preventative care. The company has one operating business segment; The Franchise Operations segment, which is comprised of the operating activities of the franchise business unit. The Franchise Operations segment derives revenue from customers by providing access to the company's franchise license, which represents symbolic intellectual property.
64GF Score

Get the complete analysis for JYNT

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

$8.33
Price
$11.30
GF Value