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JMD Ventures (BOM:511092) Price-to-Tangible-Book : 1.04 (As of Jun. 08, 2024)


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What is JMD Ventures Price-to-Tangible-Book?

As of today (2024-06-08), JMD Ventures's share price is ₹12.28. JMD Ventures's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹11.81. Hence, JMD Ventures's Price to Tangible Book Ratio of today is 1.04.

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

BOM:511092' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19   Med: 0.9   Max: 1.75
Current: 1.04

During the past 13 years, JMD Ventures's highest Price to Tangible Book Ratio was 1.75. The lowest was 0.19. And the median was 0.90.

BOM:511092's Price-to-Tangible-Book is ranked better than
58.67% of 721 companies
in the Capital Markets industry
Industry Median: 1.32 vs BOM:511092: 1.04

A closely related ratio is called PB Ratio. As of today, JMD Ventures's share price is ₹12.28. JMD Ventures's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹12.83. Hence, JMD Ventures's P/B Ratio of today is 0.96.


JMD Ventures Price-to-Tangible-Book Historical Data

The historical data trend for JMD Ventures'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.

JMD Ventures Price-to-Tangible-Book Chart

JMD Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.21 0.19 1.75 0.86

JMD Ventures Quarterly Data
Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.75 - 2.29 - 0.86

Competitive Comparison of JMD Ventures's Price-to-Tangible-Book

For the Capital Markets subindustry, JMD Ventures'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.


JMD Ventures's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, JMD Ventures's Price-to-Tangible-Book distribution charts can be found below:

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



JMD Ventures Price-to-Tangible-Book Calculation

JMD Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=12.28/11.807
=1.04

* 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.

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

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.


JMD Ventures Price-to-Tangible-Book Related Terms

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


JMD Ventures (BOM:511092) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, Unit Number 323 and 324, 3rd Floor, Building Number 9, Laxmi Plaza, Andheri (West), Mumbai, MH, IND, 400053
JMD Ventures Ltd operates in the music industry. The company is engaged in the business of entertainment (Music) segment as well as in the segment of finance and investments. The activities of the company include recording and sale of music CDs, renting the recording studios, financing, investing in shares and other securities, commodities, and other related activities of capital markets. The company generates maximum revenue from finance and investments.

JMD Ventures (BOM:511092) Headlines

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