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Jordan Investment Trust (AMM:JOIT) Price-to-Tangible-Book : 0.89 (As of Jun. 20, 2024)


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What is Jordan Investment Trust Price-to-Tangible-Book?

As of today (2024-06-20), Jordan Investment Trust's share price is JOD0.95. Jordan Investment Trust's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD1.07. Hence, Jordan Investment Trust's Price to Tangible Book Ratio of today is 0.89.

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

AMM:JOIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37   Med: 0.58   Max: 0.92
Current: 0.89

During the past 13 years, Jordan Investment Trust's highest Price to Tangible Book Ratio was 0.92. The lowest was 0.37. And the median was 0.58.

AMM:JOIT's Price-to-Tangible-Book is not ranked
in the Capital Markets industry.
Industry Median: 1.33 vs AMM:JOIT: 0.89

A closely related ratio is called PB Ratio. As of today, Jordan Investment Trust's share price is JOD0.95. Jordan Investment Trust's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD1.07. Hence, Jordan Investment Trust's P/B Ratio of today is 0.89.


Jordan Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Jordan 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.

Jordan Investment Trust Price-to-Tangible-Book Chart

Jordan Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.50 0.57 0.66 0.92

Jordan Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.59 0.61 0.66 0.92 0.89

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

For the Capital Markets subindustry, Jordan 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.


Jordan Investment Trust's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jordan Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

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



Jordan Investment Trust Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.95/1.068
=0.89

* 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.


Jordan Investment Trust Price-to-Tangible-Book Related Terms

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


Jordan Investment Trust (AMM:JOIT) Business Description

Traded in Other Exchanges
N/A
Address
3rd Circle - Abed Al Monen Reyadh Street, PO Box 911447, Amman, JOR, 11191
Jordan Investment Trust PLC engages in investment banking services in the domestic, regional, and international markets. Its services include debt and capital raising, corporate restructuring, financial advisory, and asset management activities. The objective of the company is to invest in the fields of investment in industrial, agriculture, financial, real estate, tourism, and services sector.

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