Jemtec (TSXV:JTC) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

TSXV:JTC Jemtec Inc TSXV:JTC
40 GF Score
Price C$1.33
GF Value C$0.85
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Jemtec Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jemtec  (TSXV:JTC) 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.


Jemtec Cyclically Adjusted PB Ratio Related Terms


Jemtec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jemtec'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.

Jemtec Cyclically Adjusted PB Ratio Chart

Jemtec 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 2.13 1.85 1.22 0.91 1.12

Jemtec 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 1.16 1.14 1.19 1.57 1.42

TSXV:JTC vs GRMN, COHR, KEYS: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Jemtec'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.


Jemtec Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Jemtec's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:JTC
40GF Score
Jemtec Inc TSXV:JTC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jemtec 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.

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

For example, Jemtec'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)
=0.965/132.7364*132.7364
=0.965

Current CPI (Apr. 2026) = 132.7364.

Jemtec Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.466 101.844 0.607
201610 0.473 102.002 0.616
201701 0.476 102.318 0.618
201704 0.480 103.029 0.618
201707 0.486 103.029 0.626
201710 0.489 103.424 0.628
201801 0.494 104.056 0.630
201804 0.542 105.320 0.683
201807 0.595 106.110 0.744
201810 0.669 105.952 0.838
201901 0.714 105.557 0.898
201904 0.751 107.453 0.928
201907 0.803 108.243 0.985
201910 0.842 107.927 1.036
202001 0.627 108.085 0.770
202004 0.660 107.216 0.817
202007 0.706 108.401 0.864
202010 0.757 108.638 0.925
202101 0.554 109.192 0.673
202104 0.588 110.851 0.704
202107 0.651 112.431 0.769
202110 0.728 113.695 0.850
202201 0.783 114.801 0.905
202204 0.836 118.357 0.938
202207 0.871 120.964 0.956
202210 0.870 121.517 0.950
202301 0.842 121.596 0.919
202304 0.821 123.571 0.882
202307 0.815 124.914 0.866
202310 0.819 125.310 0.868
202401 0.825 125.072 0.876
202404 0.842 126.890 0.881
202407 0.854 128.075 0.885
202410 0.865 127.838 0.898
202501 0.881 127.443 0.918
202504 0.892 129.102 0.917
202507 0.899 130.290 0.916
202510 0.932 130.603 0.947
202601 0.945 130.366 0.962
202604 0.965 132.736 0.965

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 Jemtec (TSXV:JTC) Overvalued in 2026?

Based on GuruFocus' analysis, Jemtec stock appears to be overvalued. The current stock price of C$1.33 is trading 56.5% above its estimated GF Value™ of C$0.85. GuruFocus considers Jemtec to be Significantly Overvalued.

Key valuation signals for TSXV:JTC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.85 vs. price of C$1.33 (56.5% above fair value)
  • GF Score™: 40/100 with 1 warning sign

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


Jemtec Business Description

Address 38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2
Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. The Company's core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.
40GF Score

Get the complete analysis for TSXV:JTC

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

C$1.33
Price
C$0.85
GF Value