GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jetpak Top Holding AB (publ) (OSTO:JETPAK) » Definitions » PB Ratio

Jetpak Top Holding AB (publ) (OSTO:JETPAK) PB Ratio : 1.33 (As of Jun. 24, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Jetpak Top Holding AB (publ) 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 (2024-06-24), Jetpak Top Holding AB (publ)'s share price is kr96.50. Jetpak Top Holding AB (publ)'s Book Value per Share for the quarter that ended in Mar. 2024 was kr72.42. Hence, Jetpak Top Holding AB (publ)'s PB Ratio of today is 1.33.

Good Sign:

Jetpak Top Holding AB (publ) stock PB Ratio (=1.33) is close to 3-year low of 1.2

The historical rank and industry rank for Jetpak Top Holding AB (publ)'s PB Ratio or its related term are showing as below:

OSTO:JETPAK' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.37   Max: 2.27
Current: 1.33

During the past 9 years, Jetpak Top Holding AB (publ)'s highest PB Ratio was 2.27. The lowest was 0.86. And the median was 1.37.

OSTO:JETPAK's PB Ratio is ranked worse than
52.3% of 935 companies
in the Transportation industry
Industry Median: 1.28 vs OSTO:JETPAK: 1.33

During the past 12 months, Jetpak Top Holding AB (publ)'s average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Jetpak Top Holding AB (publ) was 28.20% per year. The lowest was -49.20% per year. And the median was 10.35% per year.

Back to Basics: PB Ratio


Jetpak Top Holding AB (publ) PB Ratio Historical Data

The historical data trend for Jetpak Top Holding AB (publ)'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.

Jetpak Top Holding AB (publ) PB Ratio Chart

Jetpak Top Holding AB (publ) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.26 1.41 1.71 1.59 1.33

Jetpak Top Holding AB (publ) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.55 1.51 1.43 1.33 1.32

Competitive Comparison of Jetpak Top Holding AB (publ)'s PB Ratio

For the Integrated Freight & Logistics subindustry, Jetpak Top Holding AB (publ)'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.


Jetpak Top Holding AB (publ)'s PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jetpak Top Holding AB (publ)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Jetpak Top Holding AB (publ)'s PB Ratio falls into.



Jetpak Top Holding AB (publ) 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.

Jetpak Top Holding AB (publ)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=96.50/72.416
=1.33

* 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.


Jetpak Top Holding AB (publ)  (OSTO:JETPAK) 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.


Jetpak Top Holding AB (publ) PB Ratio Related Terms

Thank you for viewing the detailed overview of Jetpak Top Holding AB (publ)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jetpak Top Holding AB (publ) (OSTO:JETPAK) Business Description

Traded in Other Exchanges
N/A
Address
Tornvägen 17 A, Stockholm, SWE, 19060
Jetpak Top Holding AB (publ) is a provider of express logistics services. The company is engaged in time-critical logistics. Its operations are divided into Express Air and Express Road segment. The Express segment consists of the air-based courier/logistics services. The Express Road segment consists of the fully ground-based courier/logistics services;. Services offered by the company include courier express, jetpack direct, jetpack nextday, courier logistics, customer specific and linehaul. It provides express logistics services mainly in the Nordic region (Sweden, Norway, Denmark and Finland) it is also present in the Baltics, Benelux, UK and Poland.

Jetpak Top Holding AB (publ) (OSTO:JETPAK) Headlines

No Headlines