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Jacobs Solutions (BSP:J1EG34) Cyclically Adjusted Book per Share : R$118.22 (As of Dec. 2023)


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What is Jacobs Solutions Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Jacobs Solutions's adjusted book value per share for the three months ended in Dec. 2023 was R$130.265. 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 R$118.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Jacobs Solutions's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Jacobs Solutions was 17.90% per year. The lowest was 7.70% per year. And the median was 14.60% per year.

As of today (2024-04-28), Jacobs Solutions's current stock price is R$366.30. Jacobs Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$118.22. Jacobs Solutions's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jacobs Solutions was 3.65. The lowest was 1.42. And the median was 2.42.


Jacobs Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jacobs Solutions's Cyclically Adjusted Book per Share 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.

* Premium members only.

Jacobs Solutions Cyclically Adjusted Book per Share Chart

Jacobs Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 104.32 145.01 112.49

Jacobs Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 131.80 137.75 138.42 112.49 118.22

Competitive Comparison of Jacobs Solutions's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Jacobs Solutions'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.


Jacobs Solutions's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Jacobs Solutions Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Jacobs Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=130.265/129.4194*129.4194
=130.265

Current CPI (Dec. 2023) = 129.4194.

Jacobs Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 38.871 99.695 50.461
201406 37.833 100.560 48.691
201409 39.652 100.428 51.099
201412 45.280 99.070 59.151
201503 54.255 99.621 70.484
201506 54.555 100.684 70.125
201509 68.011 100.392 87.676
201512 68.045 99.792 88.247
201603 66.243 100.470 85.330
201606 62.230 101.688 79.201
201609 57.361 101.861 72.880
201612 56.334 101.863 71.574
201703 53.417 102.862 67.208
201706 57.893 103.349 72.497
201709 57.614 104.136 71.603
201712 68.307 104.011 84.993
201803 68.680 105.290 84.420
201806 79.284 106.317 96.512
201809 84.566 106.507 102.759
201812 79.564 105.998 97.145
201903 76.934 107.251 92.836
201906 85.999 108.070 102.989
201909 88.583 108.329 105.829
201912 92.650 108.420 110.595
202003 104.535 108.902 124.230
202006 116.294 108.767 138.375
202009 121.022 109.815 142.627
202012 120.660 109.897 142.095
202103 130.052 111.754 150.609
202106 118.732 114.631 134.049
202109 121.642 115.734 136.026
202112 132.885 117.630 146.204
202203 117.315 121.301 125.167
202206 117.378 125.017 121.512
202209 124.718 125.227 128.894
202212 128.043 125.222 132.335
202303 131.024 127.348 133.155
202306 125.732 128.729 126.407
202309 128.316 129.860 127.881
202312 130.265 129.419 130.265

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Jacobs Solutions  (BSP:J1EG34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Jacobs Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=366.30/118.22
=3.10

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jacobs Solutions was 3.65. The lowest was 1.42. And the median was 2.42.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Jacobs Solutions Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Jacobs Solutions's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jacobs Solutions (BSP:J1EG34) Business Description

Industry
Traded in Other Exchanges
Address
1999 Bryan Street, Suite 1200, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.

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