JD.com (JD.com) PB Ratio

: 1.23 (As of Today)

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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 (2024-04-18), JD.com's share price is $25.465. JD.com's Book Value per Share for the quarter that ended in Dec. 2023 was $20.70. Hence, JD.com's PB Ratio of today is 1.23.

The historical rank and industry rank for JD.com's PB Ratio or its related term are showing as below:

JD' s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 5.04 Max: 11.8
Current: 1.23

During the past 13 years, JD.com's highest PB Ratio was 11.80. The lowest was 1.05. And the median was 5.04.

JD's PB Ratio is ranked better than
57.57% of 1063 companies
in the Retail - Cyclical industry
Industry Median: 1.47 vs JD: 1.23

During the past 12 months, JD.com's average Book Value Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 41.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JD.com was 264.10% per year. The lowest was 3.80% per year. And the median was 42.05% per year.

Back to Basics: PB Ratio

JD.com PB Ratio Historical Data

The historical data trend for JD.com'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.

JD.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.37

4.76

3.32

2.88

1.40

JD.com Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																2.88	2.24	1.73	1.45	1.40

Competitive Comparison

For the Internet Retail subindustry, JD.com'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.

JD.com PB Ratio Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's PB Ratio distribution charts can be found below:

* The bar in red indicates where JD.com's PB Ratio falls into.

JD.com 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.

JD.com's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	25.465	/	20.696
	=	1.23

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.

JD.com (NAS:JD) 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.

JD.com PB Ratio Related Terms

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JD.com (JD.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JD.com Inc (NAS:JD) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

JDCMF:USA JD:Mexico 09618:Hong Kong 0JOQ:UK 013C:Germany 013C:Germany 013A:Germany 013A:Germany 013A:Germany JDCO34:Brazil JD:Austria JD:Argentina

Address

No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic and Technological Development Zo, Daxing District, Beijing, CHN, 101111

Website

https://www.jd.com

JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.