Jones Soda Co (XCNQ:JSDA) Cyclically Adjusted PB Ratio: 4.15 (As of Aug. 01, 2026) — 55% Above Median

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XCNQ:JSDA Jones Soda Co XCNQ:JSDA
33 GF Score
Price C$0.42
GF Value C$0.51
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Jones Soda Co Cyclically Adjusted PB Ratio?

Jones Soda Co XCNQ:JSDA 33 Cyclically Adjusted PB Ratio is 4.15 as of Aug. 01, 2026, which is 55% above its 10-year median of 2.68. GuruFocus rates XCNQ:JSDA with a GF Score™ of 33/100 and a GF Value™ of C$0.51 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 86 Beverages - Non-Alcoholic companies, Jones Soda Co ranks worse than 77.91% on this metric.

As of today (2026-08-01), Jones Soda Co's current share price is C$0.415. Jones Soda Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.10. Jones Soda Co's Cyclically Adjusted PB Ratio for today is 4.15.

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

XCNQ:JSDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.68   Max: 17.25
Current: 4.28

During the past years, Jones Soda Co's highest Cyclically Adjusted PB Ratio was 17.25. The lowest was 0.70. And the median was 2.68.

XCNQ:JSDA's Cyclically Adjusted PB Ratio is ranked worse than
77.91% of 86 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.19 vs XCNQ:JSDA: 4.28

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.

Jones Soda Co's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.021. 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 C$0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jones Soda Co  (XCNQ:JSDA) 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.


Jones Soda Co Cyclically Adjusted PB Ratio Related Terms


Jones Soda Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jones Soda Co'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.

Jones Soda Co Cyclically Adjusted PB Ratio Chart

Jones Soda Co 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 9.65 3.47 1.96 2.25 4.12

Jones Soda Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.94 2.45 2.56 4.12 4.39

XCNQ:JSDA vs BRFH, REED, MOJO: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Jones Soda Co'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.


Jones Soda Co Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Jones Soda Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XCNQ:JSDA
33GF Score
Jones Soda Co XCNQ:JSDA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jones Soda Co 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.

Jones Soda Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.415/0.10
=4.15

* 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.

Jones Soda Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jones Soda Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.021/330.2130*330.2130
=0.021

Current CPI (Mar. 2026) = 330.2130.

Jones Soda Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.061 241.018 0.084
201609 0.068 241.428 0.093
201612 0.058 241.432 0.079
201703 0.054 243.801 0.073
201706 0.055 244.955 0.074
201709 0.048 246.819 0.064
201712 0.029 246.524 0.039
201803 0.027 249.554 0.036
201806 0.016 251.989 0.021
201809 0.005 252.439 0.007
201812 -0.023 251.233 -0.030
201903 -0.041 254.202 -0.053
201906 -0.036 256.143 -0.046
201909 0.168 256.759 0.216
201912 0.152 256.974 0.195
202003 0.140 258.115 0.179
202006 0.122 257.797 0.156
202009 0.110 260.280 0.140
202012 0.091 260.474 0.115
202103 0.088 264.877 0.110
202106 0.095 271.696 0.115
202109 0.110 274.310 0.132
202112 0.087 278.802 0.103
202203 0.172 287.504 0.198
202206 0.185 296.311 0.206
202209 0.172 296.808 0.191
202212 0.159 296.797 0.177
202303 0.144 301.836 0.158
202306 0.130 305.109 0.141
202309 0.120 307.789 0.129
202312 0.100 306.746 0.108
202403 0.087 312.332 0.092
202406 0.072 314.175 0.076
202409 0.079 315.301 0.083
202412 0.027 315.605 0.028
202503 0.017 319.799 0.018
202506 0.051 322.561 0.052
202509 0.039 324.800 0.040
202512 0.017 324.054 0.017
202603 0.021 330.213 0.021

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 4.15 mean?
Jones Soda Co (XCNQ:JSDA) has a Cyclically Adjusted PB Ratio of 4.15 as of Aug. 01, 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 Jones Soda Co and its competitors. This is 55% above median its historical median of 2.68. Over the past decade, Jones Soda Co's Cyclically Adjusted PB Ratio has ranged from 0.70 to 17.25. According to the industry distribution chart, Jones Soda Co ranks #67 out of 86 companies in the Beverages - Non-Alcoholic industry, placing it in the top 77.9%.
Is Jones Soda Co's Cyclically Adjusted PB Ratio too high?
Jones Soda Co's current Cyclically Adjusted PB Ratio of 4.15 is 55% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 17.25. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.19. Jones Soda Co's value of 4.15 is 89.5% above this industry median. Based on the distribution chart, Jones Soda Co ranks #67 out of 86 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Jones Soda Co has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jones Soda Co's Cyclically Adjusted PB Ratio compare to BRFH and REED?
According to the Beverages - Non-Alcoholic industry distribution chart, Jones Soda Co ranks #67 out of 86 companies for Cyclically Adjusted PB Ratio. This places Jones Soda Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.19. Jones Soda Co's value of 4.15 is 89.5% above this benchmark. Historically, Jones Soda Co's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 17.25 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 2.19, Jones Soda Co 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.19, based on 86 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. Jones Soda Co's current Cyclically Adjusted PB Ratio of 4.15 is 89.5% 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 Jones Soda Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jones Soda Co's current Cyclically Adjusted PB Ratio is 4.15, which is 55% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jones Soda Co stock overvalued right now?
Based on GuruFocus' analysis, Jones Soda Co (XCNQ:JSDA) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.51, compared to a current price of C$0.42 — trading 18.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.15, which is 55% above median its 10-year median of 2.68 and 89.5% above the Beverages - Non-Alcoholic industry median of 2.19. Jones Soda Co's overall GF Score™ is 33/100 with 7 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 Jones Soda Co (XCNQ:JSDA), the current Cyclically Adjusted PB Ratio is 4.15 as of Aug. 01, 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 Jones Soda Co (XCNQ:JSDA) Overvalued in 2026?

Based on GuruFocus' analysis, Jones Soda Co stock appears to be undervalued. The current stock price of C$0.42 is trading 18.6% below its estimated GF Value™ of C$0.51. GuruFocus considers Jones Soda Co to be Modestly Undervalued.

Key valuation signals for XCNQ:JSDA:

  • Cyclically Adjusted PB Ratio: 4.15 (55% above median its 10-year median of 2.68)
  • GF Value™: C$0.51 vs. price of C$0.42 (18.6% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 89.5% above the Beverages - Non-Alcoholic median (#67 of 86)

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


Jones Soda Co Business Description

Other Exchanges JSDA:USA
Address 1522 Western Avenue, Suite 24150, Seattle, WA, USA, 98101
Jones Soda Co develops, produces, markets, and distributes premium beverages which the company sells and distributes in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The company's products are sold in grocery stores, convenience and gas stores, on fountain in restaurants, up and down the street in independent accounts such as delicatessens, sandwich shops and burger restaurants, as well as through its national accounts with several large retailers. Geographically, the company generates a majority of its revenue from the United States.
33GF Score

Get the complete analysis for XCNQ:JSDA

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

C$0.42
Price
C$0.51
GF Value