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Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) PB Ratio : 0.26 (As of May. 18, 2024)


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What is Jinhui Shipping and Transportation 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 (2024-05-18), Jinhui Shipping and Transportation's share price is $0.825. Jinhui Shipping and Transportation's Book Value per Share for the quarter that ended in Dec. 2023 was $3.20. Hence, Jinhui Shipping and Transportation's PB Ratio of today is 0.26.

The historical rank and industry rank for Jinhui Shipping and Transportation's PB Ratio or its related term are showing as below:

JNSTF' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 0.71
Current: 0.19

During the past 13 years, Jinhui Shipping and Transportation's highest PB Ratio was 0.71. The lowest was 0.10. And the median was 0.26.

JNSTF's PB Ratio is ranked better than
98.39% of 930 companies
in the Transportation industry
Industry Median: 1.32 vs JNSTF: 0.19

During the past 12 months, Jinhui Shipping and Transportation's average Book Value Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jinhui Shipping and Transportation was 43.70% per year. The lowest was -35.10% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio


Jinhui Shipping and Transportation PB Ratio Historical Data

The historical data trend for Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation PB Ratio Chart

Jinhui Shipping and Transportation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.17 0.10 0.22 0.26

Jinhui Shipping and Transportation Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
PB Ratio 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 0.20 0.22 0.23 0.24 0.26

Competitive Comparison of Jinhui Shipping and Transportation's PB Ratio

For the Marine Shipping subindustry, Jinhui Shipping and Transportation'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.


Jinhui Shipping and Transportation's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jinhui Shipping and Transportation's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jinhui Shipping and Transportation's PB Ratio falls into.



Jinhui Shipping and Transportation 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.

Jinhui Shipping and Transportation's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.825/3.203
=0.26

* 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.


Jinhui Shipping and Transportation  (OTCPK:JNSTF) 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.


Jinhui Shipping and Transportation PB Ratio Related Terms

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Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Business Description

Traded in Other Exchanges
Address
1-6 Connaught Road West, 26th Floor, Yardley Commercial Building, Hong Kong, HKG
Jinhui Shipping and Transportation Ltd is an investment holding company. It operates its business through its subsidiaries. It principal activities of the business are ship chartering and ship owning. Geographically, it operates in various countries like China, Singapore, Ireland, South Korea, and Thailand. The majority of the revenue comes from the Singapore.

Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Headlines