J&T Global Express (HKSE:01519) Price-to-Tangible-Book : 4.66 (As of May. 08, 2024)

View and export this data going back to 2023. Start your Free Trial

What is J&T Global Express Price-to-Tangible-Book?

As of today (2024-05-08), J&T Global Express's share price is HK$7.33. J&T Global Express's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.57. Hence, J&T Global Express's Price to Tangible Book Ratio of today is 4.66.

The historical rank and industry rank for J&T Global Express's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01519' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.57 Med: 10.06 Max: 10.06
Current: 4.67

During the past 4 years, J&T Global Express's highest Price to Tangible Book Ratio was 10.06. The lowest was 4.57. And the median was 10.06.

HKSE:01519's Price-to-Tangible-Book is ranked worse than
86.1% of 878 companies
in the Transportation industry
Industry Median: 1.42 vs HKSE:01519: 4.67

A closely related ratio is called PB Ratio. As of today, J&T Global Express's share price is HK$7.33. J&T Global Express's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.44. Hence, J&T Global Express's P/B Ratio of today is 3.01.

J&T Global Express Price-to-Tangible-Book Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express Price-to-Tangible-Book Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

10.06

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	10.06

Competitive Comparison of J&T Global Express's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Price-to-Tangible-Book falls into.

J&T Global Express Price-to-Tangible-Book Calculation

J&T Global Express's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.33	/	1.573
	=	4.66

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

J&T Global Express Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of J&T Global Express's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

J&T Global Express (HKSE:01519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (HKSE:01519) Headlines

No Headlines