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Jet Knitwears (NSE:JETKNIT) Price-to-Tangible-Book : 2.20 (As of May. 29, 2024)


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What is Jet Knitwears Price-to-Tangible-Book?

As of today (2024-05-29), Jet Knitwears's share price is ₹109.35. Jet Knitwears's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹49.77. Hence, Jet Knitwears's Price to Tangible Book Ratio of today is 2.20.

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

NSE:JETKNIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 1.29   Max: 2.99
Current: 2.2

During the past 12 years, Jet Knitwears's highest Price to Tangible Book Ratio was 2.99. The lowest was 0.43. And the median was 1.29.

NSE:JETKNIT's Price-to-Tangible-Book is ranked worse than
68.82% of 991 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.32 vs NSE:JETKNIT: 2.20

A closely related ratio is called PB Ratio. As of today, Jet Knitwears's share price is ₹109.35. Jet Knitwears's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹49.77. Hence, Jet Knitwears's P/B Ratio of today is 2.20.


Jet Knitwears Price-to-Tangible-Book Historical Data

The historical data trend for Jet Knitwears'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.

Jet Knitwears Price-to-Tangible-Book Chart

Jet Knitwears Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 0.61 0.43 1.99 1.29

Jet Knitwears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 0.43 1.04 1.99 1.91 1.29

Competitive Comparison of Jet Knitwears's Price-to-Tangible-Book

For the Apparel Manufacturing subindustry, Jet Knitwears'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.


Jet Knitwears's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jet Knitwears's Price-to-Tangible-Book distribution charts can be found below:

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



Jet Knitwears Price-to-Tangible-Book Calculation

Jet Knitwears's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=109.35/49.772
=2.20

* 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.


Jet Knitwears Price-to-Tangible-Book Related Terms

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


Jet Knitwears (NSE:JETKNIT) Business Description

Traded in Other Exchanges
N/A
Address
119/410 B-1, Darshan Purwa, Kanpur, UP, IND, 208012
Jet Knitwears Ltd is engaged in manufacturing of textile Items, other knitted and crocheted apparel including hosiery. It offers intimate garments for men, women, and children. The company's products include such as vests, briefs, brassiere, panties, socks, t-shirts and casual wears.

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