Jay Jalaram Technologies (NSE:KORE) PB Ratio : 22.05 (As of May. 22, 2024)

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What is Jay Jalaram Technologies 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 (2024-05-22), Jay Jalaram Technologies's share price is ₹456.00. Jay Jalaram Technologies's Book Value per Share for the quarter that ended in Sep. 2023 was ₹20.68. Hence, Jay Jalaram Technologies's PB Ratio of today is 22.05.

The historical rank and industry rank for Jay Jalaram Technologies's PB Ratio or its related term are showing as below:

NSE:KORE' s PB Ratio Range Over the Past 10 Years
Min: 5.71 Med: 17.23 Max: 26.44
Current: 22.05

During the past 5 years, Jay Jalaram Technologies's highest PB Ratio was 26.44. The lowest was 5.71. And the median was 17.23.

NSE:KORE's PB Ratio is ranked worse than
98.3% of 1059 companies
in the Retail - Cyclical industry
Industry Median: 1.51 vs NSE:KORE: 22.05

During the past 12 months, Jay Jalaram Technologies's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 348.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Jay Jalaram Technologies was 348.00% per year. The lowest was 256.40% per year. And the median was 302.20% per year.

Back to Basics: PB Ratio

Jay Jalaram Technologies PB Ratio Historical Data

The historical data trend for Jay Jalaram Technologies'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.

Jay Jalaram Technologies PB Ratio Chart

Jay Jalaram Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

8.62

Jay Jalaram Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			-	-	3.15	8.62	15.05

Competitive Comparison of Jay Jalaram Technologies's PB Ratio

For the Internet Retail subindustry, Jay Jalaram Technologies'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.

Jay Jalaram Technologies's PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jay Jalaram Technologies's PB Ratio falls into.

Jay Jalaram Technologies 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.

Jay Jalaram Technologies's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	456.00	/	20.68
	=	22.05

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.

Jay Jalaram Technologies (NSE:KORE) 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.

Jay Jalaram Technologies PB Ratio Related Terms

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Jay Jalaram Technologies (NSE:KORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jay Jalaram Technologies Ltd (NSE:KORE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.koremobiles.com

Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.