Just Group (LSE:JUST) PB Ratio : 0.90 (As of May. 05, 2024)

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What is Just Group 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 (2024-05-05), Just Group's share price is £1.048. Just Group's Book Value per Share for the quarter that ended in Dec. 2023 was £1.16. Hence, Just Group's PB Ratio of today is 0.90.

The historical rank and industry rank for Just Group's PB Ratio or its related term are showing as below:

LSE:JUST' s PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.71 Max: 8.98
Current: 0.91

During the past 13 years, Just Group's highest PB Ratio was 8.98. The lowest was 0.19. And the median was 0.71.

LSE:JUST's PB Ratio is ranked better than
67.29% of 483 companies
in the Insurance industry
Industry Median: 1.22 vs LSE:JUST: 0.91

During the past 12 months, Just Group's average Book Value Per Share Growth Rate was 9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -21.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Just Group was 169.50% per year. The lowest was -22.00% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio

Just Group PB Ratio Historical Data

The historical data trend for Just Group'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.

Just Group PB Ratio Chart

Just Group Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.35

0.29

0.58

0.77

0.74

Just Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.58	0.34	0.77	0.69	0.74

Competitive Comparison of Just Group's PB Ratio

For the Insurance - Specialty subindustry, Just Group'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.

Just Group's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Just Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Just Group's PB Ratio falls into.

Just Group 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.

Just Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.048	/	1.16
	=	0.90

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Just Group (LSE:JUST) 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.

Just Group PB Ratio Related Terms

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Just Group (LSE:JUST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Just Group PLC (LSE:JUST) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

JUSTl:UK

Address

Bancroft Road, Enterprise House, Reigate, Surrey, GBR, RH2 7RP

Website

https://www.justgroupplc.co.uk

Just Group PLC is a financial service company that offers retirement management services through products, advisory, and professional services. The company's client base includes individuals, financial intermediaries, corporate clients, and pension plan trustees. The insurance segment writes insurance products for the retirement market - which include Guaranteed Income for Life Solutions, Defined Benefit De-risking Solutions, Care Plans, Flexible Pension Plans, and Protection and invests the premiums received from these contracts in debt securities, gilts, liquidity funds, and Lifetime Mortgage advances. The Other segment also includes the group's corporate activities that are involved in managing its liquidity, capital, and investment activities.