Cargojet Inc
TSX:CJT
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (2), the stock would be worth CA$104.25 (31% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.6 | CA$79.4 |
0%
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| 3-Year Average | 2 | CA$104.25 |
+31%
|
| 5-Year Average | 2.5 | CA$126.57 |
+59%
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| Industry Average | 1.9 | CA$95.44 |
+20%
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| Country Average | 2.7 | CA$135.47 |
+71%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Cargojet Inc
TSX:CJT
|
1.2B CAD | 1.6 | 14.4 | |
| US |
|
FedEx Corp
NYSE:FDX
|
93.3B USD | 3.1 | 20.8 | |
| US |
|
United Parcel Service Inc
NYSE:UPS
|
88.2B USD | 5.4 | 15.8 | |
| DE |
|
Deutsche Post AG
XETRA:DPW
|
53.3B EUR | 2.3 | 9.9 | |
| DK |
|
DSV A/S
CSE:DSV
|
392.8B DKK | 3.3 | 48.5 | |
| CN |
|
S.F. Holding Co Ltd
SZSE:002352
|
185.1B CNY | 1.9 | 16.7 | |
| US |
|
CH Robinson Worldwide Inc
NASDAQ:CHRW
|
22.3B USD | 12.1 | 37.9 | |
| CN |
|
ZTO Express (Cayman) Inc
HKEX:2057
|
159.9B HKD | 2.1 | 15.3 | |
| US |
|
Expeditors International of Washington Inc
NYSE:EXPD
|
19.7B USD | 8.4 | 24.4 | |
| CN |
|
JD Logistics Inc
HKEX:2618
|
101.2B HKD | 1.6 | 13.3 | |
| KR |
|
Hyundai Glovis Co Ltd
KRX:086280
|
17.6T KRW | 1.7 | 10.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Cargojet Inc
Glance View
Cargojet Inc., a titan soaring through the skies of the Canadian air freight industry, epitomizes the seamless marriage between modern logistics and aviation. Established in 2002, the company has crafted a niche as the preeminent provider of time-sensitive overnight air cargo services. Headquartered in Mississauga, Ontario, Cargojet’s strategic position allows it to optimize its extensive network—spanning over a dozen Canadian cities—catering to the needs of businesses with impeccable precision. Cargojet is the lifeblood of e-commerce and supply chain solutions within Canada, operating more than 1,300 flights per month on its fleet of Boeing 767 and 757 aircraft, transforming the country into a well-connected network of commerce. The company's revenue model thrives on contracts and partnerships with major logistics firms, couriers, and other corporate clients, offering guarantees of timely and efficient delivery. Cargojet has effectively aligned its strategy with the burgeoning e-commerce industry, benefiting from its collaborations with major retailers and parcel delivery giants. This symbiotic relationship ensures almost boundless freight capacity during peak seasons, creating a robust cash flow and a dependable revenue stream. Through diversification and secure contractual agreements, Cargojet has not only established itself as a stalwart in overnight delivery but also positioned itself as a critical partner in the logistical frameworks that keep economies relentlessly ticking.