Jainex Aamcol Fundamental Relationships

JAINEX -- India Stock  

INR 55.90  0.000002  0.00%

The Drivers Module shows relationships between Jainex Aamcol's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Jainex Aamcol Ltd over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

Jainex Aamcol Price to Book vs. Current Ratio Fundamental Analysis

Jainex Aamcol Ltd is rated below average in current ratio category among related companies. It is rated below average in price to book category among related companies fabricating about  3.05  of Price to Book per Current Ratio.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Jainex Aamcol 
Current Ratio 
Current Asset 
Current Liabilities 
0.84 times
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
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 accounting value of assets minus liabilities.
Jainex Aamcol 
MV Per Share 
BV Per Share 
2.56 times
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.

Jainex Aamcol Price to Book Comparison

Jainex Aamcol is currently under evaluation in price to book category among related companies.
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