Jianpu Technology (Jianpu Technology) PB Ratio : 0.20 (As of May. 21, 2024)

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What is Jianpu Technology PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-21), Jianpu Technology's share price is $0.54. Jianpu Technology's Book Value per Share for the quarter that ended in Dec. 2023 was $2.75. Hence, Jianpu Technology's PB Ratio of today is 0.20.

The historical rank and industry rank for Jianpu Technology's PB Ratio or its related term are showing as below:

AIJTY' s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.67 Max: 99.17
Current: 0.2

During the past 9 years, Jianpu Technology's highest PB Ratio was 99.17. The lowest was 0.06. And the median was 0.67.

AIJTY's PB Ratio is ranked better than
95.92% of 515 companies
in the Credit Services industry
Industry Median: 1.01 vs AIJTY: 0.20

During the past 12 months, Jianpu Technology's average Book Value Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -18.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -24.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Jianpu Technology was 153.40% per year. The lowest was -30.60% per year. And the median was -23.40% per year.

Back to Basics: PB Ratio

Jianpu Technology PB Ratio Historical Data

The historical data trend for Jianpu Technology's PB Ratio 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.

Jianpu Technology PB Ratio Chart

Jianpu Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.66

0.60

0.28

0.55

0.36

Jianpu Technology Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.55	0.56	0.39	0.36	0.36

Competitive Comparison of Jianpu Technology's PB Ratio

For the Credit Services subindustry, Jianpu Technology's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Jianpu Technology's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jianpu Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jianpu Technology's PB Ratio falls into.

Jianpu Technology PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Jianpu Technology's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.54	/	2.749
	=	0.20

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Jianpu Technology (OTCPK:AIJTY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Jianpu Technology PB Ratio Related Terms

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Jianpu Technology (Jianpu Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jianpu Technology Inc (OTCPK:AIJTY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 South Haidian Road, 5F Times Cyber Building, Haidian District, Beijing, CHN, 100086

Website

http://www.jianpu.ai

Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.