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San Juan Basin Royalty TrustSJT -2.33%39 Cyclically Adjusted PB Ratio is 20.92 as of Aug. 02, 2026, which is 18% below its 10-year median of 25.54. GuruFocus rates SJT with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 765 Oil & Gas companies, San Juan Basin Royalty Trust ranks worse than 98.56% on this metric.
The historical rank and industry rank for San Juan Basin Royalty Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:
SJT'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.7 Med: 25.54 Max: 75.21
Current: 20.46
During the past years, San Juan Basin Royalty Trust's highest Cyclically Adjusted PB Ratio was 75.21. The lowest was 7.70. And the median was 25.54.
SJT's Cyclically Adjusted PB Ratio is ranked worse than 98.56% of 765
companies
in the Oil & Gas industry
Industry Median: 1.21
vs SJT: 20.46
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.
San Juan Basin Royalty Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $0.041. 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 $0.12 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
San Juan Basin Royalty Trust (NYSE:SJT) 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.
San Juan Basin Royalty Trust Cyclically Adjusted PB Ratio Related Terms
San Juan Basin Royalty Trust Cyclically Adjusted PB Ratio Historical Data
* 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.
San Juan Basin Royalty Trust Cyclically Adjusted PB Ratio Chart
SJT vs BRLL, EP, ANNA: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas E&P subindustry, San Juan Basin Royalty Trust'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.
San Juan Basin Royalty Trust Cyclically Adjusted PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, San Juan Basin Royalty Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where San Juan Basin Royalty Trust's Cyclically Adjusted PB Ratio falls into.
San Juan Basin Royalty Trust 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.
* 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.
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 20.92 mean?
San Juan Basin Royalty Trust (SJT) has a Cyclically Adjusted PB Ratio of 20.92 as of Aug. 02, 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 San Juan Basin Royalty Trust and its competitors. This is 18% below median its historical median of 25.54. Over the past decade, San Juan Basin Royalty Trust's Cyclically Adjusted PB Ratio has ranged from 7.70 to 75.21. According to the industry distribution chart, San Juan Basin Royalty Trust ranks #754 out of 765 companies in the Oil & Gas industry, placing it in the top 98.6%.
Is San Juan Basin Royalty Trust's Cyclically Adjusted PB Ratio too high?
San Juan Basin Royalty Trust's current Cyclically Adjusted PB Ratio of 20.92 is 18% below median its 10-year median of 25.54. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 75.21. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. San Juan Basin Royalty Trust's value of 20.92 is 1628.9% above this industry median. Based on the distribution chart, San Juan Basin Royalty Trust ranks #754 out of 765 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, San Juan Basin Royalty Trust has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does San Juan Basin Royalty Trust's Cyclically Adjusted PB Ratio compare to BRLL and EP?
According to the Oil & Gas industry distribution chart, San Juan Basin Royalty Trust ranks #754 out of 765 companies for Cyclically Adjusted PB Ratio. This places San Juan Basin Royalty Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. San Juan Basin Royalty Trust's value of 20.92 is 1628.9% above this benchmark. Historically, San Juan Basin Royalty Trust's own Cyclically Adjusted PB Ratio has ranged from 7.70 to 75.21 over the past decade. While the company's 10-year median is 25.54 vs. the industry median of 1.21, San Juan Basin Royalty Trust 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 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. San Juan Basin Royalty Trust's current Cyclically Adjusted PB Ratio of 20.92 is 1628.9% 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 San Juan Basin Royalty Trust and its competitors. For the Oil & Gas 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. San Juan Basin Royalty Trust's current Cyclically Adjusted PB Ratio is 20.92, which is 18% below median its own 10-year median of 25.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Juan Basin Royalty Trust stock overvalued right now?
San Juan Basin Royalty Trust (SJT) has a current Cyclically Adjusted PB Ratio of 20.92. The current Cyclically Adjusted PB Ratio is 20.92, which is 18% below median its 10-year median of 25.54 and 1628.9% above the Oil & Gas industry median of 1.21. San Juan Basin Royalty Trust's overall GF Score™ is 39/100 with 1 warning sign 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 San Juan Basin Royalty Trust (SJT), the current Cyclically Adjusted PB Ratio is 20.92 as of Aug. 02, 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.
San Juan Basin Royalty Trust is an energy sector royalty trust in the United States. It owns approximately 75% net profit interest in a large number of natural gas properties in the San Juan Basin of New Mexico. About 98% of the royalties San Juan collects come from natural gas, with the balance coming from oil.
39GF Score
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