Jianpu Technology (FRA:JT13) Price-to-Tangible-Book : 0.72 (As of May. 16, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Jianpu Technology Price-to-Tangible-Book?

As of today (2024-05-16), Jianpu Technology's share price is €1.74. Jianpu Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.42. Hence, Jianpu Technology's Price to Tangible Book Ratio of today is 0.72.

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

FRA:JT13' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18 Med: 0.63 Max: 4.6
Current: 0.18

During the past 9 years, Jianpu Technology's highest Price to Tangible Book Ratio was 4.60. The lowest was 0.18. And the median was 0.63.

FRA:JT13's Price-to-Tangible-Book is ranked better than
95.79% of 499 companies
in the Credit Services industry
Industry Median: 1.09 vs FRA:JT13: 0.18

A closely related ratio is called PB Ratio. As of today, Jianpu Technology's share price is €1.74. Jianpu Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was €2.53. Hence, Jianpu Technology's P/B Ratio of today is 0.69.

Jianpu Technology Price-to-Tangible-Book Historical Data

The historical data trend for Jianpu Technology'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.

Jianpu Technology Price-to-Tangible-Book Chart

Jianpu Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.68

0.56

0.27

Jianpu Technology Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Jianpu Technology's Price-to-Tangible-Book

For the Credit Services subindustry, Jianpu Technology'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.

Jianpu Technology's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jianpu Technology's Price-to-Tangible-Book distribution charts can be found below:

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

Jianpu Technology Price-to-Tangible-Book Calculation

Jianpu Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.74	/	2.423
	=	0.72

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.

Jianpu Technology Price-to-Tangible-Book Related Terms

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

Jianpu Technology (FRA:JT13) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jianpu Technology Inc (FRA:JT13) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

JT:USA

Address

19 South Haidian Road, 5F Times Cyber Building, Haidian District, Beijing, CHN, 100086

Website

http://www.jianpu.ai

Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.

Jianpu Technology (FRA:JT13) Headlines

No Headlines