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Jetmall Spices and Masala (BOM:543286) PB Ratio : 0.75 (As of May. 21, 2024)


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What is Jetmall Spices and Masala 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 (2024-05-21), Jetmall Spices and Masala's share price is ₹14.11. Jetmall Spices and Masala's Book Value per Share for the quarter that ended in Sep. 2023 was ₹18.89. Hence, Jetmall Spices and Masala's PB Ratio of today is 0.75.

Good Sign:

Jetmall Spices and Masala Ltd stock PB Ratio (=0.75) is close to 5-year low of 0.75

The historical rank and industry rank for Jetmall Spices and Masala's PB Ratio or its related term are showing as below:

BOM:543286' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.38   Max: 1.91
Current: 0.75

During the past 6 years, Jetmall Spices and Masala's highest PB Ratio was 1.91. The lowest was 0.75. And the median was 1.38.

BOM:543286's PB Ratio is ranked better than
81.88% of 298 companies
in the Retail - Defensive industry
Industry Median: 1.755 vs BOM:543286: 0.75

During the past 12 months, Jetmall Spices and Masala's average Book Value Per Share Growth Rate was 20.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.20% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Jetmall Spices and Masala was 30.50% per year. The lowest was 23.10% per year. And the median was 30.30% per year.

Back to Basics: PB Ratio


Jetmall Spices and Masala PB Ratio Historical Data

The historical data trend for Jetmall Spices and Masala'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.

Jetmall Spices and Masala PB Ratio Chart

Jetmall Spices and Masala Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial - - - 1.21 1.42

Jetmall Spices and Masala Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.21 1.08 1.42 1.26

Competitive Comparison of Jetmall Spices and Masala's PB Ratio

For the Food Distribution subindustry, Jetmall Spices and Masala'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.


Jetmall Spices and Masala's PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jetmall Spices and Masala's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jetmall Spices and Masala's PB Ratio falls into.



Jetmall Spices and Masala 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.

Jetmall Spices and Masala's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=14.11/18.894
=0.75

* 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.


Jetmall Spices and Masala  (BOM:543286) 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.


Jetmall Spices and Masala PB Ratio Related Terms

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


Jetmall Spices and Masala (BOM:543286) Business Description

Traded in Other Exchanges
N/A
Address
No. 33/1, Ritherdon Road, Vepery, Chennai, TN, IND, 600 007
Jetmall Spices and Masala Ltd is engaged in business of Manufacturing & trading of food and processed foods. Company is dealing in only one segment of business that is trading of Spices, Masala, Food Grains and Kirana Products.

Jetmall Spices and Masala (BOM:543286) Headlines

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