MAYS (J. W. Mays) Cyclically Adjusted PB Ratio: 1.21 (As of Jul. 20, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MAYS J. W. Mays Inc MAYS
64 GF Score
Price $38.00
GF Value $41.79
Valuation Fairly Valued
! 3 Warning Signs
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What is J. W. Mays Cyclically Adjusted PB Ratio?

J. W. Mays MAYS -2.56% 64 Cyclically Adjusted PB Ratio is 1.21 as of Jul. 20, 2026, which is 17% below its 10-year median of 1.45. GuruFocus rates MAYS with a GF Score™ of 64/100 and a GF Value™ of $41.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,440 Real Estate companies, J. W. Mays ranks worse than 70.9% on this metric.

As of today (2026-07-20), J. W. Mays's current share price is $38.00. J. W. Mays's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $31.47. J. W. Mays's Cyclically Adjusted PB Ratio for today is 1.21.

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

MAYS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.45   Max: 2.17
Current: 1.21

During the past years, J. W. Mays's highest Cyclically Adjusted PB Ratio was 2.17. The lowest was 0.73. And the median was 1.45.

MAYS's Cyclically Adjusted PB Ratio is ranked worse than
70.9% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs MAYS: 1.21

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.

J. W. Mays's adjusted book value per share data for the three months ended in Apr. 2026 was $25.646. 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 $31.47 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


J. W. Mays  (NAS:MAYS) 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.


J. W. Mays Cyclically Adjusted PB Ratio Related Terms


J. W. Mays Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for J. W. Mays'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.

J. W. Mays Cyclically Adjusted PB Ratio Chart

J. W. Mays Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.54 1.51 1.42 1.30

J. W. Mays Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.18 1.30 1.23 1.29 1.29

MAYS vs ASPS, CPTP, STHO: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, J. W. Mays'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.


J. W. Mays Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, J. W. Mays's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MAYS
64GF Score
J. W. Mays Inc MAYS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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J. W. Mays 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.

J. W. Mays's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.00/31.47
=1.21

* 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.

J. W. Mays's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, J. W. Mays's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=25.646/333.0200*333.0200
=25.646

Current CPI (Apr. 2026) = 333.0200.

J. W. Mays Quarterly Data

Book Value per Share CPI Adj_Book
201607 23.795 240.628 32.931
201610 24.002 241.729 33.067
201701 24.191 242.839 33.175
201704 24.511 244.524 33.382
201707 24.802 244.786 33.742
201710 25.032 246.663 33.796
201801 26.303 247.867 35.339
201804 26.394 250.546 35.082
201807 26.336 252.006 34.802
201810 26.297 252.885 34.630
201901 26.442 251.712 34.983
201904 26.768 255.548 34.883
201907 27.087 256.571 35.158
201910 27.151 257.346 35.135
202001 27.123 257.971 35.014
202004 26.832 256.389 34.852
202007 26.638 259.101 34.238
202010 26.432 260.388 33.805
202101 26.405 261.582 33.616
202104 26.384 267.054 32.901
202107 26.835 273.003 32.734
202110 26.641 276.589 32.076
202201 26.544 281.148 31.441
202204 26.516 289.109 30.543
202207 26.482 296.276 29.766
202210 26.511 298.012 29.625
202301 26.534 299.170 29.536
202304 26.514 303.363 29.106
202307 26.441 305.691 28.805
202310 26.345 307.671 28.516
202401 26.297 308.417 28.395
202404 26.254 313.548 27.884
202407 26.239 314.540 27.781
202410 26.252 315.664 27.695
202501 26.174 317.671 27.439
202504 26.217 320.795 27.216
202507 26.172 323.048 26.980
202510 26.006 0.000
202601 25.753 325.252 26.368
202604 25.646 333.020 25.646

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 1.21 mean?
J. W. Mays (MAYS) has a Cyclically Adjusted PB Ratio of 1.21 as of Jul. 20, 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 J. W. Mays and its competitors. This is 17% below median its historical median of 1.45. Over the past decade, J. W. Mays' Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.17. According to the industry distribution chart, J. W. Mays ranks #1021 out of 1440 companies in the Real Estate industry, placing it in the top 70.9%.
Is J. W. Mays' Cyclically Adjusted PB Ratio too high?
J. W. Mays' current Cyclically Adjusted PB Ratio of 1.21 is 17% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.17. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. J. W. Mays' value of 1.21 is 71.6% above this industry median. Based on the distribution chart, J. W. Mays ranks #1021 out of 1440 companies in the Real Estate industry, which is below the industry midpoint. Overall, J. W. Mays has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does J. W. Mays' Cyclically Adjusted PB Ratio compare to ASPS and CPTP?
According to the Real Estate industry distribution chart, J. W. Mays ranks #1021 out of 1440 companies for Cyclically Adjusted PB Ratio. This places J. W. Mays in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. J. W. Mays' value of 1.21 is 71.6% above this benchmark. Historically, J. W. Mays' own Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.17 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 0.71, J. W. Mays 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 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. J. W. Mays's current Cyclically Adjusted PB Ratio of 1.21 is 71.6% 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 J. W. Mays and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J. W. Mays's current Cyclically Adjusted PB Ratio is 1.21, which is 17% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J. W. Mays stock overvalued right now?
Based on GuruFocus' analysis, J. W. Mays (MAYS) is currently considered Fairly Valued. The stock's GF Value™ is $41.79, compared to a current price of $38.00 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is 17% below median its 10-year median of 1.45 and 71.6% above the Real Estate industry median of 0.71. J. W. Mays' overall GF Score™ is 64/100 with 3 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 J. W. Mays (MAYS), the current Cyclically Adjusted PB Ratio is 1.21 as of Jul. 20, 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 J. W. Mays (MAYS) Overvalued in 2026?

Based on GuruFocus' analysis, J. W. Mays stock appears to be undervalued. The current stock price of $38.00 is trading 9.1% below its estimated GF Value™ of $41.79. GuruFocus considers J. W. Mays to be Fairly Valued.

Key valuation signals for MAYS:

  • Cyclically Adjusted PB Ratio: 1.21 (17% below median its 10-year median of 1.45)
  • GF Value™: $41.79 vs. price of $38.00 (9.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 71.6% above the Real Estate median (#1021 of 1440)

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


J. W. Mays Business Description

Address 9 Bond Street, Brooklyn, NY, USA, 11201-5805
J. W. Mays Inc is a real estate company engaged in leasing commercial properties in New York. The company leases office and retail space to tenants under operating leases. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.
64GF 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.

$38.00
Price
$41.79
GF Value