As of today (2024-04-26), Astronics's share price is $16.12. Astronics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.65. Hence, Astronics's Price to Tangible Book Ratio of today is 4.42.
The historical rank and industry rank for Astronics's Price-to-Tangible-Book or its related term are showing as below:
ATRO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.25 Med: 7.59 Max: 36.72
Current: 4.42
During the past 13 years, Astronics's highest Price to Tangible Book Ratio was 36.72. The lowest was 3.25. And the median was 7.59.
ATRO's Price-to-Tangible-Book is ranked worse than 62.69% of 260
companies
in the Aerospace & Defense industry
Industry Median: 3.17
vs ATRO: 4.42
A closely related ratio is called PB Ratio. As of today, Astronics's share price is $16.12. Astronics's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.23. Hence, Astronics's P/B Ratio of today is 2.23.
Astronics Price-to-Tangible-Book Historical Data
The historical data trend for Astronics'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.
Competitive Comparison of Astronics's Price-to-Tangible-Book
For the Aerospace & Defense subindustry, Astronics'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.
Astronics's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Astronics's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Astronics's Price-to-Tangible-Book falls into.
Astronics Price-to-Tangible-Book Calculation
Astronics's price-to-tangible-book ratio for today is calculated as:
* 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.
Astronics Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Astronics's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
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