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JTL Industries (BOM:534600) Price-to-Tangible-Book : 4.91 (As of May. 20, 2024)


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What is JTL Industries Price-to-Tangible-Book?

As of today (2024-05-20), JTL Industries's share price is ₹215.05. JTL Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹43.77. Hence, JTL Industries's Price to Tangible Book Ratio of today is 4.91.

The historical rank and industry rank for JTL Industries's Price-to-Tangible-Book or its related term are showing as below:

BOM:534600' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38   Med: 4.25   Max: 6.91
Current: 4.91

During the past 13 years, JTL Industries's highest Price to Tangible Book Ratio was 6.91. The lowest was 1.38. And the median was 4.25.

BOM:534600's Price-to-Tangible-Book is ranked worse than
92.21% of 603 companies
in the Steel industry
Industry Median: 1.06 vs BOM:534600: 4.91

A closely related ratio is called PB Ratio. As of today, JTL Industries's share price is ₹215.05. JTL Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹43.77. Hence, JTL Industries's P/B Ratio of today is 4.91.


JTL Industries Price-to-Tangible-Book Historical Data

The historical data trend for JTL Industries'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.

JTL Industries Price-to-Tangible-Book Chart

JTL Industries 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 1.38 5.82 6.91 6.58 4.20

JTL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 6.58 8.22 - 4.20

Competitive Comparison of JTL Industries's Price-to-Tangible-Book

For the Steel subindustry, JTL Industries'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.


JTL Industries's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JTL Industries's Price-to-Tangible-Book falls into.



JTL Industries Price-to-Tangible-Book Calculation

JTL Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=215.05/43.769
=4.91

* 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.


JTL Industries Price-to-Tangible-Book Related Terms

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


JTL Industries (BOM:534600) Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (BOM:534600) Headlines

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