Just Life Group (NZSE:JLG) PB Ratio : 0.66 (As of May. 16, 2024)

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What is Just Life 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 (2024-05-16), Just Life Group's share price is NZ$0.19. Just Life Group's Book Value per Share for the quarter that ended in Dec. 2023 was NZ$0.29. Hence, Just Life Group's PB Ratio of today is 0.66.

Good Sign:

Just Life Group Ltd stock PB Ratio (=0.73) is close to 10-year low of 0.7

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

NZSE:JLG' s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.81 Max: 5.46
Current: 0.66

During the past 13 years, Just Life Group's highest PB Ratio was 5.46. The lowest was 0.66. And the median was 1.81.

NZSE:JLG's PB Ratio is ranked better than
94.12% of 102 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.465 vs NZSE:JLG: 0.66

During the past 12 months, Just Life Group's average Book Value Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Just Life Group was 34.50% per year. The lowest was -44.70% per year. And the median was 16.40% per year.

Back to Basics: PB Ratio

Just Life Group PB Ratio Historical Data

The historical data trend for Just Life 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 Life Group PB Ratio Chart

Just Life Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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1.92

2.12

3.21

1.58

0.93

Just Life Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.81	1.58	1.43	0.93	0.84

Competitive Comparison of Just Life Group's PB Ratio

For the Beverages - Non-Alcoholic subindustry, Just Life 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 Life Group's PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Just Life Group's PB Ratio distribution charts can be found below:

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

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.19	/	0.286
	=	0.66

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 Life Group (NZSE:JLG) 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 Life Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Just Life Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Just Life Group (NZSE:JLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Just Life Group Ltd (NZSE:JLG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Hugo Johnston Drive, Penrose, Auckland, NTL, NZL, 1061

Website

https://www.justlifegroup.co.nz

Just Life Group Ltd is a New Zealand based company that is focused on supplying products and services that enhance the lives of people. It has two operating segments: Healthy Living and Healthy Homes. Through these segments, it is engaged in the provision of filtered water solutions to customers including the sale of water and water-related products and enabling healthier homes with its Solatube daylighting products, the Cylinder Guy, Designer Tanks and Unovent home ventilation systems.

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