JD Logistics (HKSE:02618) Price-to-Tangible-Book : 1.49 (As of May. 05, 2024)

View and export this data going back to 2021. Start your Free Trial

What is JD Logistics Price-to-Tangible-Book?

As of today (2024-05-05), JD Logistics's share price is HK$9.16. JD Logistics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$6.14. Hence, JD Logistics's Price to Tangible Book Ratio of today is 1.49.

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

HKSE:02618' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.47 Med: 2.57 Max: 3.94
Current: 1.49

During the past 6 years, JD Logistics's highest Price to Tangible Book Ratio was 3.94. The lowest was 1.47. And the median was 2.57.

HKSE:02618's Price-to-Tangible-Book is ranked worse than
51.88% of 877 companies
in the Transportation industry
Industry Median: 1.41 vs HKSE:02618: 1.49

A closely related ratio is called PB Ratio. As of today, JD Logistics's share price is HK$9.16. JD Logistics's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$7.98. Hence, JD Logistics's P/B Ratio of today is 1.15.

JD Logistics Price-to-Tangible-Book Historical Data

The historical data trend for JD Logistics'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.

JD Logistics Price-to-Tangible-Book Chart

JD Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.94

2.57

1.59

JD Logistics Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							-	2.57	2.02	-	1.59

Competitive Comparison of JD Logistics's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, JD Logistics'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.

JD Logistics's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JD Logistics's Price-to-Tangible-Book distribution charts can be found below:

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

JD Logistics Price-to-Tangible-Book Calculation

JD Logistics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.16	/	6.138
	=	1.49

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.

JD Logistics Price-to-Tangible-Book Related Terms

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

JD Logistics (HKSE:02618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JD Logistics Inc (HKSE:02618) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

JDLGF:USA 822:Germany

Address

No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111

Website

https://www.jdl.cn

JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

JD Logistics (HKSE:02618) Headlines

No Headlines