Jx Luxventure Limited Stock Price To Book

JXJT Stock  USD 1.22  0.01  0.83%   
JX Luxventure Limited fundamentals help investors to digest information that contributes to JX Luxventure's financial success or failures. It also enables traders to predict the movement of JXJT Stock. The fundamental analysis module provides a way to measure JX Luxventure's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to JX Luxventure stock.
Price To Book Ratio is likely to drop to 0.51 in 2024.
  
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JX Luxventure Limited Company Price To Book Analysis

JX Luxventure's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current JX Luxventure Price To Book

    
  0.79 X  
Most of JX Luxventure's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JX Luxventure Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

JXJT Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for JX Luxventure is extremely important. It helps to project a fair market value of JXJT Stock properly, considering its historical fundamentals such as Price To Book. Since JX Luxventure's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of JX Luxventure's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of JX Luxventure's interrelated accounts and indicators.
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JXJT Price To Book Historical Pattern

Today, most investors in JX Luxventure Stock are looking for potential investment opportunities by analyzing not only static indicators but also various JX Luxventure's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of JX Luxventure price to book as a starting point in their analysis.
   JX Luxventure Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

JXJT Book Value Per Share

Book Value Per Share

2.37

At this time, JX Luxventure's Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, JX Luxventure Limited has a Price To Book of 0.7893 times. This is 87.78% lower than that of the Textiles, Apparel & Luxury Goods sector and 82.14% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 91.7% higher than that of the company.

JXJT Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JX Luxventure's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of JX Luxventure could also be used in its relative valuation, which is a method of valuing JX Luxventure by comparing valuation metrics of similar companies.
JX Luxventure is currently under evaluation in price to book category among its peers.

JX Luxventure Current Valuation Drivers

We derive many important indicators used in calculating different scores of JX Luxventure from analyzing JX Luxventure's financial statements. These drivers represent accounts that assess JX Luxventure's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of JX Luxventure's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.0M8.0M10.2M13.8M8.1M6.7M
Enterprise Value(14.0M)(6.4M)(1.0M)15.9M11.0M11.5M

JXJT Fundamentals

About JX Luxventure Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze JX Luxventure Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JX Luxventure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JX Luxventure Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for JXJT Stock Analysis

When running JX Luxventure's price analysis, check to measure JX Luxventure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JX Luxventure is operating at the current time. Most of JX Luxventure's value examination focuses on studying past and present price action to predict the probability of JX Luxventure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JX Luxventure's price. Additionally, you may evaluate how the addition of JX Luxventure to your portfolios can decrease your overall portfolio volatility.