J M AB (OSTO:JM) Cyclically Adjusted PS Ratio: 0.48 (As of Jul. 18, 2026) — 50% Below Median

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OSTO:JM J M AB OSTO:JM
71 GF Score
Price kr121.50
GF Value kr101.26
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is J M AB Cyclically Adjusted PS Ratio?

J M AB OSTO:JM -0.25% 71 Cyclically Adjusted PS Ratio is 0.48 as of Jul. 18, 2026, which is 50% below its 10-year median of 0.96. GuruFocus rates OSTO:JM with a GF Score™ of 71/100 and a GF Value™ of kr101.26 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 72 Homebuilding & Construction companies, J M AB ranks better than 59.72% on this metric.

As of today (2026-07-18), J M AB's current share price is kr121.50. J M AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr253.21. J M AB's Cyclically Adjusted PS Ratio for today is 0.48.

The historical rank and industry rank for J M AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSTO:JM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.96   Max: 2.02
Current: 0.48

During the past years, J M AB's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.43. And the median was 0.96.

OSTO:JM's Cyclically Adjusted PS Ratio is ranked better than
59.72% of 72 companies
in the Homebuilding & Construction industry
Industry Median: 0.635 vs OSTO:JM: 0.48

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

J M AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr36.400. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr253.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


J M AB  (OSTO:JM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


J M AB Cyclically Adjusted PS Ratio Related Terms


J M AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for J M AB's Cyclically Adjusted PS 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 M AB Cyclically Adjusted PS Ratio Chart

J M AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 0.68 0.66 0.62 0.54

J M AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 0.57 0.54 0.54 0.47 0.52

OSTO:JM vs DHI, PHM, LEN: Cyclically Adjusted PS Ratio Comparison

For the Residential Construction subindustry, J M AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 M AB Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, J M AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where J M AB's Cyclically Adjusted PS Ratio falls into.


OSTO:JM
71GF Score
J M AB OSTO:JM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

J M AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

J M AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=121.50/253.21
=0.48

* 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 M AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, J M AB's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=36.4/134.1100*134.1100
=36.400

Current CPI (Jun. 2026) = 134.1100.

J M AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 50.498 101.138 66.961
201612 60.739 102.022 79.843
201703 58.123 102.022 76.404
201706 63.248 102.752 82.550
201709 57.473 103.279 74.630
201712 63.398 103.793 81.916
201803 54.799 103.962 70.690
201806 57.934 104.875 74.084
201809 51.537 105.679 65.402
201812 60.127 105.912 76.135
201903 51.451 105.886 65.165
201906 55.492 106.742 69.720
201909 60.817 107.214 76.074
201912 55.162 107.766 68.647
202003 55.054 106.563 69.286
202006 50.654 107.498 63.194
202009 48.798 107.635 60.801
202012 77.987 108.296 96.577
202103 50.946 108.360 63.053
202106 58.044 108.928 71.463
202109 44.901 110.338 54.575
202112 71.425 112.486 85.156
202203 47.533 114.825 55.516
202206 46.090 118.384 52.213
202209 38.660 122.296 42.395
202212 84.913 126.365 90.117
202303 72.451 127.042 76.482
202306 52.070 129.407 53.963
202309 68.928 130.224 70.985
202312 53.345 131.912 54.234
202403 42.865 132.205 43.483
202406 72.366 132.716 73.126
202409 44.012 132.304 44.613
202412 62.026 132.987 62.550
202503 35.331 132.825 35.673
202506 50.353 133.699 50.508
202509 35.796 133.480 35.965
202512 28.757 133.390 28.912
202603 32.463 133.560 32.597
202606 36.400 134.110 36.400

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.48 mean?
J M AB (OSTO:JM) has a Cyclically Adjusted PS Ratio of 0.48 as of Jul. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on J M AB and its competitors. This is 50% below median its historical median of 0.96. Over the past decade, J M AB's Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.02. According to the industry distribution chart, J M AB ranks #29 out of 72 companies in the Homebuilding & Construction industry, placing it in the top 40.3%.
Is J M AB's Cyclically Adjusted PS Ratio too high?
J M AB's current Cyclically Adjusted PS Ratio of 0.48 is 50% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.02. The Homebuilding & Construction industry median Cyclically Adjusted PS Ratio is 0.64. J M AB's value of 0.48 is 24.4% below this industry median. Based on the distribution chart, J M AB ranks #29 out of 72 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, J M AB has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does J M AB's Cyclically Adjusted PS Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, J M AB ranks #29 out of 72 companies for Cyclically Adjusted PS Ratio. This puts J M AB in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. J M AB's value of 0.48 is 24.4% below this benchmark. Historically, J M AB's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.02 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.64, J M AB has consistently been below 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 PS Ratio for a Homebuilding & Construction company?
The median Cyclically Adjusted PS Ratio among Homebuilding & Construction companies is 0.64, based on 72 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. J M AB's current Cyclically Adjusted PS Ratio of 0.48 is 24.4% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on J M AB and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J M AB's current Cyclically Adjusted PS Ratio is 0.48, which is 50% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J M AB stock overvalued right now?
Based on GuruFocus' analysis, J M AB (OSTO:JM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr101.26, compared to a current price of kr121.50 — trading 20% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 50% below median its 10-year median of 0.96 and 24.4% below the Homebuilding & Construction industry median of 0.64. J M AB's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For J M AB (OSTO:JM), the current Cyclically Adjusted PS Ratio is 0.48 as of Jul. 18, 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 M AB (OSTO:JM) Overvalued in 2026?

Based on GuruFocus' analysis, J M AB stock appears to be overvalued. The current stock price of kr121.50 is trading 20% above its estimated GF Value™ of kr101.26. GuruFocus considers J M AB to be Modestly Overvalued.

Key valuation signals for OSTO:JM:

  • Cyclically Adjusted PS Ratio: 0.48 (50% below median its 10-year median of 0.96)
  • GF Value™: kr101.26 vs. price of kr121.50 (20% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 24.4% below the Homebuilding & Construction median (#29 of 72)

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


J M AB Business Description

Other Exchanges JMs:UK0MI3:UKJMM:Germany
Address Mathildatorget 9, Solna, Stockholm, SWE, SE-169 82
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, also derives maximum revenue, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, and JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm.
71GF Score

Get the complete analysis for OSTO:JM

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

kr121.50
Price
kr101.26
GF Value