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Schroder Japan Trust (LSE:SJG) PB Ratio : 0.94 (As of May. 27, 2024)


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What is Schroder Japan Trust 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 (2024-05-27), Schroder Japan Trust's share price is £2.56. Schroder Japan Trust's Book Value per Share for the quarter that ended in Jan. 2024 was £2.72. Hence, Schroder Japan Trust's PB Ratio of today is 0.94.

Good Sign:

Schroder Japan Trust PLC stock PB Ratio (=0.94) is close to 1-year low of 0.86

The historical rank and industry rank for Schroder Japan Trust's PB Ratio or its related term are showing as below:

LSE:SJG' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.91   Max: 1.28
Current: 0.94

During the past 13 years, Schroder Japan Trust's highest PB Ratio was 1.28. The lowest was 0.66. And the median was 0.91.

LSE:SJG's PB Ratio is ranked better than
53.08% of 1690 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:SJG: 0.94

During the past 12 months, Schroder Japan Trust's average Book Value Per Share Growth Rate was 14.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Schroder Japan Trust was 19.00% per year. The lowest was -8.90% per year. And the median was 6.50% per year.

Back to Basics: PB Ratio


Schroder Japan Trust PB Ratio Historical Data

The historical data trend for Schroder Japan Trust'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.

Schroder Japan Trust PB Ratio Chart

Schroder Japan Trust Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.85 0.90 0.88 0.93

Schroder Japan Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
PB Ratio 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 0.88 0.88 0.90 0.93 0.89

Competitive Comparison of Schroder Japan Trust's PB Ratio

For the Asset Management subindustry, Schroder Japan Trust'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.


Schroder Japan Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder Japan Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Schroder Japan Trust's PB Ratio falls into.



Schroder Japan Trust 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.

Schroder Japan Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=2.56/2.724
=0.94

* 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 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.


Schroder Japan Trust  (LSE:SJG) 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.


Schroder Japan Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Schroder Japan Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Schroder Japan Trust (LSE:SJG) Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Japan Trust PLC is an investment trust located in the United Kingdom. It aims to achieve growth more than the TSE First Section Total Return Index in sterling over the longer term to provide capital growth for its investors. To achieve this objective, the company follows the strategy of investing in an actively managed portfolio comprising of securities listed on the Japanese stock markets. It predominantly invests in equities and partly in other instruments like warrants, convertibles, and other derivative instruments across sectors such as consumer goods and industrials. The company operates through its investment manager, Schroder Unit Trusts Ltd.

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