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Jammu & Kashmir Bank (BOM:532209) Price-to-Tangible-Book : 1.08 (As of Jun. 07, 2024)


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What is Jammu & Kashmir Bank Price-to-Tangible-Book?

As of today (2024-06-07), Jammu & Kashmir Bank's share price is ₹119.60. Jammu & Kashmir Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹110.72. Hence, Jammu & Kashmir Bank's Price to Tangible Book Ratio of today is 1.08.

The historical rank and industry rank for Jammu & Kashmir Bank's Price-to-Tangible-Book or its related term are showing as below:

BOM:532209' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14   Med: 0.49   Max: 1.22
Current: 1.08

During the past 13 years, Jammu & Kashmir Bank's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.14. And the median was 0.49.

BOM:532209's Price-to-Tangible-Book is ranked worse than
60.93% of 1441 companies
in the Banks industry
Industry Median: 0.91 vs BOM:532209: 1.08

A closely related ratio is called PB Ratio. As of today, Jammu & Kashmir Bank's share price is ₹119.60. Jammu & Kashmir Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹110.72. Hence, Jammu & Kashmir Bank's P/B Ratio of today is 1.08.


Jammu & Kashmir Bank Price-to-Tangible-Book Historical Data

The historical data trend for Jammu & Kashmir Bank's Price-to-Tangible-Book 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.

Jammu & Kashmir Bank Price-to-Tangible-Book Chart

Jammu & Kashmir Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.27 0.37 0.51 1.21

Jammu & Kashmir Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.51 0.61 1.02 1.15 1.21

Competitive Comparison of Jammu & Kashmir Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Jammu & Kashmir Bank's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Jammu & Kashmir Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jammu & Kashmir Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jammu & Kashmir Bank's Price-to-Tangible-Book falls into.



Jammu & Kashmir Bank Price-to-Tangible-Book Calculation

Jammu & Kashmir Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=119.60/110.724
=1.08

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


Be Aware

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


Jammu & Kashmir Bank Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Jammu & Kashmir Bank's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Jammu & Kashmir Bank (BOM:532209) Business Description

Traded in Other Exchanges
Address
Maulana Azad Road, Srinagar, IND, 190001
Jammu & Kashmir Bank Ltd is a bank that has businesses comprised of treasury, corporate/wholesale banking, retail banking and others. The bank's personal financial products include various loan products, personal account services, term bank deposits, mutual funds, bank cards, and insurance products. The company has Four major business segments namely Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Business. The company generates majority of its revenue from Retail Banking segment. The bank's financial products for businesses include loans, business accounts, and others.

Jammu & Kashmir Bank (BOM:532209) Headlines

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