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JPMorgan Indian Investment Trust (JPMorgan Indian Investment Trust) Price-to-Tangible-Book : 0.88 (As of May. 11, 2024)


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What is JPMorgan Indian Investment Trust Price-to-Tangible-Book?

As of today (2024-05-11), JPMorgan Indian Investment Trust's share price is $11.24. JPMorgan Indian Investment Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $12.84. Hence, JPMorgan Indian Investment Trust's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for JPMorgan Indian Investment Trust's Price-to-Tangible-Book or its related term are showing as below:

JPIVF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8   Med: 0.86   Max: 0.91
Current: 0.9

During the past 13 years, JPMorgan Indian Investment Trust's highest Price to Tangible Book Ratio was 0.91. The lowest was 0.80. And the median was 0.86.

JPIVF's Price-to-Tangible-Book is ranked better than
62.86% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs JPIVF: 0.90

A closely related ratio is called PB Ratio. As of today, JPMorgan Indian Investment Trust's share price is $11.24. JPMorgan Indian Investment Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was $12.84. Hence, JPMorgan Indian Investment Trust's P/B Ratio of today is 0.88.


JPMorgan Indian Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for JPMorgan Indian Investment Trust'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.

JPMorgan Indian Investment Trust Price-to-Tangible-Book Chart

JPMorgan Indian Investment Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.87 0.57 0.65 -

JPMorgan Indian Investment Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.57 0.61 0.65 0.67 -

Competitive Comparison of JPMorgan Indian Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, JPMorgan Indian Investment Trust'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.


JPMorgan Indian Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Indian Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JPMorgan Indian Investment Trust's Price-to-Tangible-Book falls into.



JPMorgan Indian Investment Trust Price-to-Tangible-Book Calculation

JPMorgan Indian Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=11.24/12.837
=0.88

* 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.


JPMorgan Indian Investment Trust Price-to-Tangible-Book Related Terms

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


JPMorgan Indian Investment Trust (JPMorgan Indian Investment Trust) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Indian Investment Trust PLC is an investment trust which focuses purely on Indian companies, providing access to India's long-term growth potential through locally based investment expertise. Its investment objective is to achieve capital growth from investments in India. In seeking to achieve this objective the company employs JPMF to actively manage the company's assets. The company aims to outperform the MSCI India Index. The Fund invests in both Indian and non-Indian companies which derive a material part of their revenues from India.

JPMorgan Indian Investment Trust (JPMorgan Indian Investment Trust) Headlines

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