JBGS (JBG SMITH Properties) Net Cash per Share: $-53.39 (As of Jun. 2026)

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JBGS JBG SMITH Properties JBGS
59 GF Score
Price $12.08
GF Value $22.12
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is JBG SMITH Properties Net Cash per Share?

JBG SMITH Properties JBGS -0.17% 59 Net Cash per Share is $-53.39 as of Jun. 2026. GuruFocus rates JBGS with a GF Score™ of 59/100 and a GF Value™ of $22.12 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 99 REITs companies, JBG SMITH Properties ranks worse than 1010100% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). JBG SMITH Properties's Net Cash per Share for the quarter that ended in Jun. 2026 was $-53.39.

The historical rank and industry rank for JBG SMITH Properties's Net Cash per Share or its related term are showing as below:

JBGS's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 20.05
* Ranked among companies with meaningful Price-to-Net-Cash only.

JBG SMITH Properties  (NYSE:JBGS) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


JBG SMITH Properties Net Cash per Share Related Terms


JBG SMITH Properties Net Cash per Share Historical Data

* Premium members only.

The historical data trend for JBG SMITH Properties's Net Cash 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.

JBG SMITH Properties Net Cash per Share Chart

JBG SMITH Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.17 -26.14 -33.20 -36.29 -53.01

JBG SMITH Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash 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 -51.09 -53.32 -53.01 -53.35 -53.39

JBGS vs CTO, ESRT, GOOD: Net Cash per Share Comparison

For the REIT - Diversified subindustry, JBG SMITH Properties's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


JBG SMITH Properties Price-to-Net-Cash vs REITs Industry

For the REITs industry and Real Estate sector, JBG SMITH Properties's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where JBG SMITH Properties's Price-to-Net-Cash falls into.


JBGS
59GF Score
JBG SMITH Properties JBGS
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JBG SMITH Properties Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

JBG SMITH Properties's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(75.27-2719.259-511.342)/59.527
=-53.01

JBG SMITH Properties's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(74.803-2690.137-504.285)/58.426
=-53.39

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-53.39 mean?
JBG SMITH Properties (JBGS) has a Net Cash per Share of $-53.39 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on JBG SMITH Properties and its competitors. According to the industry distribution chart, JBG SMITH Properties ranks #999999 out of 99 companies in the REITs industry.
Is JBG SMITH Properties' Net Cash per Share too high?
JBG SMITH Properties' current Net Cash per Share is $-53.39. Based on the distribution chart, JBG SMITH Properties ranks #999999 out of 99 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, JBG SMITH Properties has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JBG SMITH Properties' Net Cash per Share compare to CTO and ESRT?
According to the REITs industry distribution chart, JBG SMITH Properties ranks #999999 out of 99 companies for Net Cash per Share. This places JBG SMITH Properties in the lower half of its industry. The industry median Net Cash per Share is 20.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a REITs company?
The median Net Cash per Share among REITs companies is 20.05, based on 99 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on JBG SMITH Properties and its competitors. For the REITs industry, the median Net Cash per Share is 20.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBG SMITH Properties's current Net Cash per Share is $-53.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBG SMITH Properties stock overvalued right now?
Based on GuruFocus' analysis, JBG SMITH Properties (JBGS) is currently considered Possible Value Trap. The stock's GF Value™ is $22.12, compared to a current price of $12.08 — trading 45.4% below its estimated fair value. The current Net Cash per Share is $-53.39. JBG SMITH Properties' overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For JBG SMITH Properties (JBGS), the current Net Cash per Share is $-53.39 as of Jun. 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 JBG SMITH Properties (JBGS) Overvalued in 2026?

Based on GuruFocus' analysis, JBG SMITH Properties stock appears to be undervalued. The current stock price of $12.08 is trading 45.4% below its estimated GF Value™ of $22.12. GuruFocus considers JBG SMITH Properties to be Possible Value Trap.

Key valuation signals for JBGS:

  • Net Cash per Share: $-53.39
  • GF Value™: $22.12 vs. price of $12.08 (45.4% below fair value)
  • GF Score™: 59/100 with 8 warning signs

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


JBG SMITH Properties Business Description

Industry Real EstateREITs
Address 4747 Bethesda Avenue, Suite 200, Bethesda, MD, USA, 20814
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in, and develops real estate assets concentrated in amenity-rich, metro-served submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily, and third-party real estate services. It generates maximum revenue from the commercial segment.
59GF Score

Get the complete analysis for JBGS

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.08
Price
$22.12
GF Value