A-Sonic Aerospace (A-Sonic Aerospace) PB Ratio : 0.52 (As of May. 31, 2024)

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What is A-Sonic Aerospace 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 (2024-05-31), A-Sonic Aerospace's share price is $0.22. A-Sonic Aerospace's Book Value per Share for the quarter that ended in Dec. 2023 was $0.42. Hence, A-Sonic Aerospace's PB Ratio of today is 0.52.

The historical rank and industry rank for A-Sonic Aerospace's PB Ratio or its related term are showing as below:

ASNCF' s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.64 Max: 2.32
Current: 0.56

During the past 13 years, A-Sonic Aerospace's highest PB Ratio was 2.32. The lowest was 0.23. And the median was 0.64.

ASNCF's PB Ratio is ranked better than
85.64% of 933 companies
in the Transportation industry
Industry Median: 1.32 vs ASNCF: 0.56

During the past 12 months, A-Sonic Aerospace's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of A-Sonic Aerospace was 40.00% per year. The lowest was -31.30% per year. And the median was -2.45% per year.

Back to Basics: PB Ratio

A-Sonic Aerospace PB Ratio Historical Data

The historical data trend for A-Sonic Aerospace'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.

A-Sonic Aerospace PB Ratio Chart

A-Sonic Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.28

0.45

0.55

0.77

0.62

A-Sonic Aerospace Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.55	0.78	0.77	0.77	0.62

Competitive Comparison of A-Sonic Aerospace's PB Ratio

For the Integrated Freight & Logistics subindustry, A-Sonic Aerospace'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.

A-Sonic Aerospace's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A-Sonic Aerospace's PB Ratio distribution charts can be found below:

* The bar in red indicates where A-Sonic Aerospace's PB Ratio falls into.

A-Sonic Aerospace 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.

A-Sonic Aerospace's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.22	/	0.422
	=	0.52

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.

A-Sonic Aerospace (OTCPK:ASNCF) 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.

A-Sonic Aerospace PB Ratio Related Terms

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A-Sonic Aerospace (A-Sonic Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A-Sonic Aerospace Ltd (OTCPK:ASNCF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

BTJ:Singapore

Address

10 Anson Road, No. 24-07, International Plaza, Singapore, SGP, 079903

Website

https://www.asonic-aerospace.com

A-Sonic Aerospace Ltd is engaged in providing supply chain management services. The company provides domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground services. Its business is divided into two segments namely Aviation which includes aircraft systems and components to airlines and aviation maintenance repair organizations, and Logistics that includes services like Airside Logistics and Transportation, Air Cargo Management and Logistics and Supply Chain Management Services. It generates a majority of its revenue from the Logistics Segment. Geographically, the company gets a majority of its share of the revenue from The People's Republic of China.