Question 1

What is J.B. Hunt Transport Services's P/B ratio?

Accepted Answer

J.B. Hunt Transport Services (JBHT) P/B ratio is 7.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for J.B. Hunt Transport Services?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For J.B. Hunt Transport Services specifically, the relevant sector benchmark is the current sector median of 4.6×.

Question 5

Is J.B. Hunt Transport Services's P/B ratio high or low?

Accepted Answer

J.B. Hunt Transport Services's P/B ratio of 7.6× is above its own 5-year average of 5.0× and above the sector median of 4.6×. That places the current reading at the 99th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is J.B. Hunt Transport Services's historical P/B ratio range?

Accepted Answer

In the available daily series, J.B. Hunt Transport Services (JBHT) P/B ratio has ranged from a low of 1.6× in 2002 to a high of 10.6× in 2008. The 5-year average is 5.0× and the 5-year median is 4.9×.

Question 7

What was J.B. Hunt Transport Services's P/B ratio in 2025?

Accepted Answer

J.B. Hunt Transport Services (JBHT) P/B ratio at the end of 2025 was 5.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does J.B. Hunt Transport Services's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$18.6B	$3.57B	5.2×	+0.9×	Dec 31, 2025
2024	$17.4B	$4.01B	4.3×	-0.7×	Dec 31, 2024
2023	$20.6B	$4.1B	5.0×	+0.1×	Dec 31, 2023
2022	$18.1B	$3.67B	4.9×	-2.0×	Dec 31, 2022
2021	$21.5B	$3.12B	6.9×	+1.3×	Dec 31, 2021
2020	$14.4B	$2.6B	5.6×	+0.1×	Dec 31, 2020
2019	$12.4B	$2.27B	5.5×	+0.7×	Dec 31, 2019
2018	$10.1B	$2.1B	4.8×	-2.0×	Dec 31, 2018
2017	$12.6B	$1.84B	6.9×	-0.8×	Dec 31, 2017
2016	$10.8B	$1.41B	7.6×	+1.2×	Dec 31, 2016
2015	$8.36B	$1.3B	6.4×	-1.7×	Dec 31, 2015
2014	$9.82B	$1.2B	8.2×	-0.8×	Dec 31, 2014
2013	$9.06B	$1.01B	9.0×	+0.1×	Dec 31, 2013
2012	$7.02B	$792M	8.9×	-0.4×	Dec 31, 2012
2011	$5.26B	$568M	9.3×	+0.7×	Dec 31, 2011
2010	$4.91B	$573M	8.6×	+2.2×	Dec 31, 2010
2009	$4.1B	$644M	6.4×	+0.1×	Dec 31, 2009
2008	$3.31B	$529M	6.3×	-3.7×	Dec 31, 2008
2007	$3.43B	$343M	10.0×	+6.1×	Dec 31, 2007
2006	$2.97B	$760M	3.9×	-0.4×	Dec 31, 2006
2005	$3.49B	$817M	4.3×	+0.1×	Dec 31, 2005
2004	$3.55B	$861M	4.1×	+1.0×	Dec 31, 2004
2003	$2.16B	$703M	3.1×	+1.1×	Dec 31, 2003
2002	$1.15B	$590M	2.0×	—	Dec 31, 2002


Thomson Reuters (TRI)	3.3×
Snap-on (SNA)	3.2×
Ingersoll Rand (IR)	3.1×
PACCAR (PCAR)	3.1×
Franklin Electric Co. (FELE)	3.0×
Huntington Ingalls Industries (HII)	2.9×
Brady (BRC)	2.9×
Delta Air Lines (DAL)	2.8×
United Airlines Holdings (UAL)	2.7×
Xylem (XYL)	2.6×
FedEx (FDX)	2.6×
Upwork (UPWK)	2.5×
McGrath RentCorp (MGRC)	2.2×
Tennant (TNC)	2.2×
Serve Robotics (SERV)	2.0×
AGCO (AGCO)	2.0×
Textron (TXT)	1.9×
Andersons (ANDE)	1.9×
Archer Aviation (ACHR)	1.9×
Alamo Group (ALG)	1.7×
Matthews International (MATW)	1.6×
Redwire (RDW)	1.5×
Amentum Holdings (AMTM)	1.4×
ABM Industries (ABM)	1.4×
Stanley Black & Decker (SWK)	1.2×

P/B Ratio for J.B. Hunt Transport Services (JBHT) 2002-2026

P/B Ratio daily chart for J.B. Hunt Transport Services (JBHT)

Historical P/B Ratio for J.B. Hunt Transport Services (JBHT) from 2002 to 2025

About P/B Ratio at J.B. Hunt Transport Services (JBHT)

J.B. Hunt Transport Services P/B Ratio by Year

J.B. Hunt Transport Services P/B Ratio 2025: 5.2×

J.B. Hunt Transport Services P/B Ratio 2024: 4.3×

J.B. Hunt Transport Services P/B Ratio 2023: 5.0×

J.B. Hunt Transport Services P/B Ratio 2022: 4.9×

J.B. Hunt Transport Services P/B Ratio 2021: 6.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

J.B. Hunt Transport Services (JBHT) Key Financials