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Jumbo Bag (BOM:516078) PB Ratio : 1.04 (As of May. 16, 2024)


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What is Jumbo Bag PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Jumbo Bag's share price is ₹41.64. Jumbo Bag's Book Value per Share for the quarter that ended in Mar. 2024 was ₹40.12. Hence, Jumbo Bag's PB Ratio of today is 1.04.

The historical rank and industry rank for Jumbo Bag's PB Ratio or its related term are showing as below:

BOM:516078' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.32   Max: 1.52
Current: 1.11

During the past 13 years, Jumbo Bag's highest PB Ratio was 1.52. The lowest was 0.17. And the median was 0.32.

BOM:516078's PB Ratio is ranked better than
60.11% of 376 companies
in the Packaging & Containers industry
Industry Median: 1.345 vs BOM:516078: 1.11

During the past 12 months, Jumbo Bag's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jumbo Bag was 27.20% per year. The lowest was -11.20% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Jumbo Bag PB Ratio Historical Data

The historical data trend for Jumbo Bag's PB 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.

Jumbo Bag PB Ratio Chart

Jumbo Bag Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.24 0.58 0.47 0.95

Jumbo Bag Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB 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 0.47 - 0.67 - 0.95

Competitive Comparison of Jumbo Bag's PB Ratio

For the Packaging & Containers subindustry, Jumbo Bag's PB Ratio, along with its competitors' market caps and 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.


Jumbo Bag's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jumbo Bag's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jumbo Bag's PB Ratio falls into.



Jumbo Bag PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Jumbo Bag's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=41.64/40.123
=1.04

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Jumbo Bag  (BOM:516078) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Jumbo Bag PB Ratio Related Terms

Thank you for viewing the detailed overview of Jumbo Bag's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jumbo Bag (BOM:516078) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Nowroji Road, Chetpet, S.K. Enclave, New No. 4 (Old No. 47), Chennai, TN, IND, 600 031
Jumbo Bag Ltd is an India-based company. The company is engaged in the manufacturing of Flexible Intermediate Bulk Bags (FIBC bags) generally used for industrial purposes. Its operating segment includes Manufacturing and Trading. The Trading segment involves trading of Polymers. It generates maximum revenue from the Manufacturing segment. The company products are widely used for storage, transportation and handling of powder, flake or granular materials.

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