Jordan Steel (AMM:JOST) PB Ratio : 0.36 (As of Sep. 25, 2024)

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What is Jordan Steel 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 (2024-09-25), Jordan Steel's share price is JOD0.15. Jordan Steel's Book Value per Share for the quarter that ended in Jun. 2024 was JOD0.42. Hence, Jordan Steel's PB Ratio of today is 0.36.

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

AMM:JOST' s PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.45 Max: 0.85
Current: 0.36

During the past 13 years, Jordan Steel's highest PB Ratio was 0.85. The lowest was 0.25. And the median was 0.45.

AMM:JOST's PB Ratio is ranked better than
86.88% of 625 companies
in the Steel industry
Industry Median: 0.93 vs AMM:JOST: 0.36

During the past 12 months, Jordan Steel's average Book Value Per Share Growth Rate was -14.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jordan Steel was 4.30% per year. The lowest was -24.50% per year. And the median was -6.30% per year.

Back to Basics: PB Ratio

Jordan Steel PB Ratio Historical Data

The historical data trend for Jordan Steel'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.

Jordan Steel PB Ratio Chart

Jordan Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.36

0.33

0.53

0.51

0.71

Jordan Steel Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
PB Ratio	Get a 7-Day Free Trial															0.51	0.48	0.71	0.45	0.45

Competitive Comparison of Jordan Steel's PB Ratio

For the Steel subindustry, Jordan Steel'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.

Jordan Steel's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jordan Steel's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jordan Steel's PB Ratio falls into.

Jordan Steel 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.

Jordan Steel's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	0.15	/	0.419
	=	0.36

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Jordan Steel (AMM:JOST) 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.

Jordan Steel PB Ratio Related Terms

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Jordan Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jordan Steel (AMM:JOST) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scientific Islamic College Street, P.O Box 35165, Building Number 3, Al Mamar Al Thani, Amman, JOR, 11180

Website

http://www.jordansteelplc.com

Jordan Steel is a steel firm that specializes in the manufacturing of steel and iron products for the construction industry. The main activity of the company is to produce reinforcing steel and pull-through steel without heating to produce steel bars and for the production of iron skewers contributing to other companies, importing, exporting, marketing, concluding contracts and trade agreements, and borrowing the necessary funds from banks. The company's products include Concrete Reinforcement Steel Bars (Rebars), Flat and Square Bars, Standard Square Bars, and Plane Round Bars. It also manufactures steel billets and wire mesh products in different sizes.

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