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JB Hunt Transport Services (WBO:JBHT) Cyclically Adjusted PS Ratio : 1.62 (As of Apr. 28, 2024)


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What is JB Hunt Transport Services Cyclically Adjusted PS Ratio?

As of today (2024-04-28), JB Hunt Transport Services's current share price is €150.55. JB Hunt Transport Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €92.91. JB Hunt Transport Services's Cyclically Adjusted PS Ratio for today is 1.62.

The historical rank and industry rank for JB Hunt Transport Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

WBO:JBHT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.17   Max: 2.82
Current: 1.61

During the past years, JB Hunt Transport Services's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 1.38. And the median was 2.17.

WBO:JBHT's Cyclically Adjusted PS Ratio is ranked worse than
69.1% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs WBO:JBHT: 1.61

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.

JB Hunt Transport Services's adjusted revenue per share data for the three months ended in Mar. 2024 was €26.016. 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 €92.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JB Hunt Transport Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JB Hunt Transport Services'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.

* Premium members only.

JB Hunt Transport Services Cyclically Adjusted PS Ratio Chart

JB Hunt Transport Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 2.11 2.68 1.94 2.01

JB Hunt Transport Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.88 1.89 1.92 2.01 1.98

Competitive Comparison of JB Hunt Transport Services's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, JB Hunt Transport Services'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.


JB Hunt Transport Services's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JB Hunt Transport Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JB Hunt Transport Services's Cyclically Adjusted PS Ratio falls into.



JB Hunt Transport Services 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.

JB Hunt Transport Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=150.55/92.91
=1.62

* 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.

JB Hunt Transport Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, JB Hunt Transport Services's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=26.016/129.4194*129.4194
=26.016

Current CPI (Mar. 2024) = 129.4194.

JB Hunt Transport Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.610 100.560 12.368
201409 10.510 100.428 13.544
201412 11.055 99.070 14.442
201503 11.296 99.621 14.675
201506 11.647 100.684 14.971
201509 12.156 100.392 15.671
201512 12.936 99.792 16.777
201603 12.042 100.470 15.512
201606 12.635 101.688 16.081
201609 13.288 101.861 16.883
201612 14.526 101.863 18.456
201703 13.597 102.862 17.108
201706 13.869 103.349 17.368
201709 13.980 104.136 17.374
201712 15.187 104.011 18.897
201803 14.252 105.290 17.518
201806 16.543 106.317 20.138
201809 17.179 106.507 20.875
201812 18.532 105.998 22.627
201903 16.864 107.251 20.350
201906 18.469 108.070 22.118
201909 19.929 108.329 23.809
201912 20.510 108.420 24.482
202003 19.300 108.902 22.936
202006 17.876 108.767 21.270
202009 19.656 109.815 23.165
202012 21.083 109.897 24.828
202103 20.589 111.754 23.843
202106 22.599 114.631 25.514
202109 25.115 115.734 28.085
202112 29.112 117.630 32.030
202203 29.862 121.301 31.861
202206 34.447 125.017 35.660
202209 36.947 125.227 38.184
202212 32.896 125.222 33.999
202303 28.802 127.348 29.271
202306 27.652 128.729 27.800
202309 28.397 129.860 28.301
202312 29.097 129.419 29.097
202403 26.016 129.419 26.016

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.


JB Hunt Transport Services  (WBO:JBHT) 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.


JB Hunt Transport Services Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of JB Hunt Transport Services's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JB Hunt Transport Services (WBO:JBHT) Business Description

Traded in Other Exchanges
Address
615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130
J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales in 2023); dedicated trucking services that provide customer-specific fleet needs (28%); for-hire truckload (6%); heavy goods final-mile delivery (7%), and asset-light truck brokerage (11%).