GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Blade Air Mobility Inc (NAS:BLDE) » Definitions » Price-to-Tangible-Book

Blade Air Mobility (Blade Air Mobility) Price-to-Tangible-Book : 1.42 (As of May. 01, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Blade Air Mobility Price-to-Tangible-Book?

As of today (2024-05-01), Blade Air Mobility's share price is $3.275. Blade Air Mobility's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.31. Hence, Blade Air Mobility's Price to Tangible Book Ratio of today is 1.42.

The historical rank and industry rank for Blade Air Mobility's Price-to-Tangible-Book or its related term are showing as below:

BLDE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.36   Med: 1.53   Max: 2.75
Current: 1.42

During the past 5 years, Blade Air Mobility's highest Price to Tangible Book Ratio was 2.75. The lowest was 1.36. And the median was 1.53.

BLDE's Price-to-Tangible-Book is ranked better than
51.31% of 877 companies
in the Transportation industry
Industry Median: 1.42 vs BLDE: 1.42

A closely related ratio is called PB Ratio. As of today, Blade Air Mobility's share price is $3.275. Blade Air Mobility's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.12. Hence, Blade Air Mobility's P/B Ratio of today is 1.05.


Blade Air Mobility Price-to-Tangible-Book Historical Data

The historical data trend for Blade Air Mobility's Price-to-Tangible-Book 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.

Blade Air Mobility Price-to-Tangible-Book Chart

Blade Air Mobility Annual Data
Trend Sep19 Sep20 Sep21 Dec22 Dec23
Price-to-Tangible-Book
- - 2.75 1.36 1.53

Blade Air Mobility Quarterly Data
Sep19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.32 1.63 1.06 1.53

Competitive Comparison of Blade Air Mobility's Price-to-Tangible-Book

For the Airports & Air Services subindustry, Blade Air Mobility's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Blade Air Mobility's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Blade Air Mobility's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Blade Air Mobility's Price-to-Tangible-Book falls into.



Blade Air Mobility Price-to-Tangible-Book Calculation

Blade Air Mobility's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.275/2.308
=1.42

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Blade Air Mobility Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Blade Air Mobility's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Blade Air Mobility (Blade Air Mobility) Business Description

Traded in Other Exchanges
N/A
Address
55 Hudson Yards, 14th Floor, New York, NY, USA, 10016
Blade Air Mobility Inc is a technology-powered air mobility platform that provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. The company's Passenger reporting segment arranges charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes operating in various locations throughout the United States and abroad. The company's Medical reporting segment includes air medical transporters of human organs in the United States, providing end-to-end logistics for transplant centers and organ procurement organizations utilizing helicopters, jets, turboprops and ground vehicles.
Executives
Seth J Bacon officer: CEO, Trinity Air Medical C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Robert S Wiesenthal director, officer: Chief Executive Officer C/O SONY CORP OF AMERICA, 550 MADISON AVE, NEW YORK NY 10022
William A. Heyburn officer: Chief Financial Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Melissa M. Tomkiel officer: President and General Counsel C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Amir Cohen officer: Chief Accounting Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Reginald Love director C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Eric Affeldt director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
John Borthwick director C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Andrew Lauck director 667 MADISON AVE, 16TH FLOOR, NEW YORK NY 10065
Brandon A. Keene officer: Chief Technology Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Anatoli Arkhipenko officer: Chief Technology Officer 145 PARK PL, APT 5G, BROOKLYN NY 11217
Kenneth B Lerer director
Edward M Philip director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Susan M Lyne director 11 WEST 42ND STREET, NEW YORK NY 10036
Jane C Garvey director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666