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Jerash Holdings (US) (Jerash Holdings (US)) Price-to-Tangible-Book : 0.56 (As of May. 16, 2024)


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What is Jerash Holdings (US) Price-to-Tangible-Book?

As of today (2024-05-16), Jerash Holdings (US)'s share price is $3.10. Jerash Holdings (US)'s Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.50. Hence, Jerash Holdings (US)'s Price to Tangible Book Ratio of today is 0.56.

The historical rank and industry rank for Jerash Holdings (US)'s Price-to-Tangible-Book or its related term are showing as below:

JRSH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55   Med: 1.15   Max: 1.87
Current: 0.56

During the past 9 years, Jerash Holdings (US)'s highest Price to Tangible Book Ratio was 1.87. The lowest was 0.55. And the median was 1.15.

JRSH's Price-to-Tangible-Book is ranked better than
83.4% of 988 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.35 vs JRSH: 0.56

A closely related ratio is called PB Ratio. As of today, Jerash Holdings (US)'s share price is $3.10. Jerash Holdings (US)'s Book Value per Sharefor the quarter that ended in Dec. 2023 was $5.54. Hence, Jerash Holdings (US)'s P/B Ratio of today is 0.56.


Jerash Holdings (US) Price-to-Tangible-Book Historical Data

The historical data trend for Jerash Holdings (US)'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.

Jerash Holdings (US) Price-to-Tangible-Book Chart

Jerash Holdings (US) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 1.67 1.06 1.27 1.15 0.85

Jerash Holdings (US) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.68 0.85 0.67 0.55 0.57

Competitive Comparison of Jerash Holdings (US)'s Price-to-Tangible-Book

For the Apparel Manufacturing subindustry, Jerash Holdings (US)'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.


Jerash Holdings (US)'s Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerash Holdings (US)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jerash Holdings (US)'s Price-to-Tangible-Book falls into.



Jerash Holdings (US) Price-to-Tangible-Book Calculation

Jerash Holdings (US)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.10/5.502
=0.56

* 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.


Jerash Holdings (US) Price-to-Tangible-Book Related Terms

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


Jerash Holdings (US) (Jerash Holdings (US)) Business Description

Traded in Other Exchanges
N/A
Address
277 Fairfield Road, Suite 338, Fairfield, NJ, USA, 07004
Jerash Holdings (US) Inc along with its subsidiaries is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers namely Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, and Philip-Van Heusen which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, Speedo etc. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants and shorts made from knitted fabric.
Executives
Chi Yan Mak director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Kian Tjiauw Lee 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Lin Hung Choi director, 10 percent owner, officer: Chairman/CEO/Pres./Treasurer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Yang Wei director, officer: Vice President and Secretary 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Tsze Lun Ng 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Bill Korn director 61 DARREN DRIVE, BASKING RIDGE NJ 07920
Ibrahim H. Saif director 1 ZOHD STREET, RAWABI PROVINCE SWEIFIEH, AMMAN M2 11185
Gilbert K. Lee officer: Chief Financial Officer 260 EAST MAIN STREET, SUITE 2706, ROCHESTER NY 14604
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Karl Brenza officer: Head of U.S. Operations 26 CHERRY STREET, KATONAH NY 10536
Richard J. Shaw officer: Chief Financial Officer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Sean Socha director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001