Jordan Steel (AMM:JOST) Price-to-Tangible-Book : 0.45 (As of Jun. 23, 2024)

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What is Jordan Steel Price-to-Tangible-Book?

As of today (2024-06-23), Jordan Steel's share price is JOD0.20. Jordan Steel's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD0.44. Hence, Jordan Steel's Price to Tangible Book Ratio of today is 0.45.

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

AMM:JOST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.46 Max: 0.72
Current: 0.45

During the past 13 years, Jordan Steel's highest Price to Tangible Book Ratio was 0.72. The lowest was 0.27. And the median was 0.46.

AMM:JOST's Price-to-Tangible-Book is ranked better than
82.95% of 604 companies
in the Steel industry
Industry Median: 1.03 vs AMM:JOST: 0.45

A closely related ratio is called PB Ratio. As of today, Jordan Steel's share price is JOD0.20. Jordan Steel's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD0.44. Hence, Jordan Steel's P/B Ratio of today is 0.45.

Jordan Steel Price-to-Tangible-Book Historical Data

The historical data trend for Jordan Steel'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 Steel Price-to-Tangible-Book Chart

Jordan Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.36

0.33

0.53

0.51

0.71

Jordan Steel 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															0.46	0.51	0.48	0.71	0.45

Competitive Comparison of Jordan Steel's Price-to-Tangible-Book

For the Steel subindustry, Jordan Steel'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 Steel's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jordan Steel's Price-to-Tangible-Book distribution charts can be found below:

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

Jordan Steel Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.20	/	0.44
	=	0.45

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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 Steel Price-to-Tangible-Book Related Terms

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

Jordan Steel (AMM:JOST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jordan Steel (AMM:JOST) » Definitions » Price-to-Tangible-Book

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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