Cargojet (STU:CJ8A) Cyclically Adjusted PB Ratio: 2.44 (As of Sep. 04, 2026) — 67% Below Median

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STU:CJ8A Cargojet Inc STU:CJ8A
82 GF Score
Price €50.00
GF Value €76.50
! 8 Warning Signs
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What is Cargojet Cyclically Adjusted PB Ratio?

Cargojet STU:CJ8A 82 Cyclically Adjusted PB Ratio is 2.44 as of Sep. 04, 2026, which is 67% below its 10-year median of 7.34. GuruFocus rates STU:CJ8A with a GF Score™ of 82/100 and a GF Value™ of €76.50. The stock has 8 warning signs investors should review. Among 698 Transportation companies, Cargojet ranks worse than 78.65% on this metric.

As of today (2026-09-04), Cargojet's current share price is €50.00. Cargojet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €20.48. Cargojet's Cyclically Adjusted PB Ratio for today is 2.44.

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

STU:CJ8A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.35   Med: 7.34   Max: 25.64
Current: 2.55

During the past years, Cargojet's highest Cyclically Adjusted PB Ratio was 25.64. The lowest was 2.35. And the median was 7.34.

STU:CJ8A's Cyclically Adjusted PB Ratio is ranked worse than
78.65% of 698 companies
in the Transportation industry
Industry Median: 1.285 vs STU:CJ8A: 2.55

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.

Cargojet's adjusted book value per share data for the three months ended in Jun. 2026 was €30.687. 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 €20.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cargojet  (STU:CJ8A) 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.


Cargojet Cyclically Adjusted PB Ratio Related Terms


Cargojet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cargojet'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.

Cargojet Cyclically Adjusted PB Ratio Chart

Cargojet 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 12.91 6.79 5.49 4.20 2.75

Cargojet 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 3.35 3.13 2.75 2.51 2.54

STU:CJ8A vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Cargojet'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.


Cargojet Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Cargojet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:CJ8A
82GF Score
Cargojet Inc STU:CJ8A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cargojet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/20.48
=2.44

* 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.

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

For example, Cargojet'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)
=30.687/133.5265*133.5265
=30.687

Current CPI (Jun. 2026) = 133.5265.

Cargojet Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.356 101.765 5.716
201612 4.447 101.449 5.853
201703 4.414 102.634 5.743
201706 6.555 103.029 8.495
201709 7.429 103.345 9.599
201712 7.645 103.345 9.878
201803 7.259 105.004 9.231
201806 7.593 105.557 9.605
201809 7.424 105.636 9.384
201812 7.669 105.399 9.716
201903 7.658 106.979 9.558
201906 7.934 107.690 9.837
201909 8.524 107.611 10.577
201912 12.119 107.769 15.015
202003 11.247 107.927 13.915
202006 9.343 108.401 11.509
202009 8.159 108.164 10.072
202012 7.209 108.559 8.867
202103 23.598 110.298 28.568
202106 23.363 111.720 27.923
202109 22.393 112.905 26.483
202112 26.995 113.774 31.682
202203 25.482 117.646 28.922
202206 32.386 120.806 35.796
202209 36.701 120.648 40.619
202212 33.589 120.964 37.077
202303 34.005 122.702 37.005
202306 35.674 124.203 38.352
202309 35.793 125.230 38.164
202312 31.791 125.072 33.940
202403 32.458 126.258 34.327
202406 29.643 127.522 31.039
202409 29.869 127.285 31.334
202412 31.313 127.364 32.828
202503 32.397 129.181 33.487
202506 30.764 129.892 31.625
202509 30.022 130.287 30.768
202512 30.847 130.366 31.595
202603 31.348 132.262 31.648
202606 30.687 133.527 30.687

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 2.44 mean?
Cargojet (STU:CJ8A) has a Cyclically Adjusted PB Ratio of 2.44 as of Sep. 04, 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 Cargojet and its competitors. This is 67% below median its historical median of 7.34. Over the past decade, Cargojet's Cyclically Adjusted PB Ratio has ranged from 2.35 to 25.64. According to the industry distribution chart, Cargojet ranks #549 out of 698 companies in the Transportation industry, placing it in the top 78.7%.
Is Cargojet's Cyclically Adjusted PB Ratio too high?
Cargojet's current Cyclically Adjusted PB Ratio of 2.44 is 67% below median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 25.64. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. Cargojet's value of 2.44 is 89.9% above this industry median. Based on the distribution chart, Cargojet ranks #549 out of 698 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Cargojet has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Cargojet's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Cargojet ranks #549 out of 698 companies for Cyclically Adjusted PB Ratio. This places Cargojet in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Cargojet's value of 2.44 is 89.9% above this benchmark. Historically, Cargojet's own Cyclically Adjusted PB Ratio has ranged from 2.35 to 25.64 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 1.29, Cargojet 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.29, based on 698 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. Cargojet's current Cyclically Adjusted PB Ratio of 2.44 is 89.9% 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 Cargojet and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cargojet's current Cyclically Adjusted PB Ratio is 2.44, which is 67% below median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cargojet stock overvalued right now?
Cargojet (STU:CJ8A) has a current Cyclically Adjusted PB Ratio of 2.44. The stock's GF Value™ is €76.50, compared to a current price of €50.00 — trading 34.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.44, which is 67% below median its 10-year median of 7.34 and 89.9% above the Transportation industry median of 1.29. Cargojet's overall GF Score™ is 82/100 with 8 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 Cargojet (STU:CJ8A), the current Cyclically Adjusted PB Ratio is 2.44 as of Sep. 04, 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 Cargojet (STU:CJ8A) Overvalued in 2026?

Based on GuruFocus' analysis, Cargojet stock appears to be undervalued. The current stock price of €50.00 is trading 34.6% below its estimated GF Value™ of €76.50.

Key valuation signals for STU:CJ8A:

  • Cyclically Adjusted PB Ratio: 2.44 (67% below median its 10-year median of 7.34)
  • GF Value™: €76.50 vs. price of €50.00 (34.6% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 89.9% above the Transportation median (#549 of 698)

No single metric tells the full story. See the STU:CJ8A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cargojet Business Description

Other Exchanges CGJTF:USACJT:Canada
Address 2281 North Sheridan Way, Mississauga, ON, CAN, L5K 2S3
Cargojet Inc operates a domestic air cargo co-load network between several Canadian cities. The company also provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance, and Insurance basis, operating between points in Canada, the USA, South America, Europe, and Asia. In addition, it operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, the UK, and Germany, between Canada and Asia, and between Canada and Mexico.
82GF Score

Get the complete analysis for STU:CJ8A

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

€50.00
Price
€76.50
GF Value