Using the industry peer median P/E multiple (trailing + forward), Jabil Inc. (JBL) has a fair value of $210.78 based on 6 comparable companies in the Hardware, Equipment & Parts industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| Jabil Inc.JBL | 29,570 | 45.0x | 31.7x |
| Teledyne Technologies IncorporatedTDY | 28,423 | 32.5x | 31.6x |
| VeriSign, Inc.VRSN | 23,294 | 28.5x | 31.4x |
| NetApp, Inc.NTAP | 20,860 | 18.6x | 16.3x |
| Fortive CorporationFTV | 17,451 | 31.6x | 18.5x |
| PTC Inc.PTC | 17,233 | 23.8x | 29.0x |
| Trimble Inc.TRMB | 15,577 | 37.4x | 23.0x |
| Industry Median | 30.0x | 26.0x | |
| (*) Profit after tax | 657 | 932 | |
| Equity Value | 19,743 | 27,008 | |
| (/) Outstanding shares | 111 | 111 | |
| Fair Price | $178 | $244 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.