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Montana Technologies (Montana Technologies) PB Ratio : (As of Jun. 06, 2024)


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What is Montana Technologies 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 (2024-06-06), Montana Technologies's share price is $11.87. Montana Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.92. Hence, Montana Technologies's PB Ratio of today is .

The historical rank and industry rank for Montana Technologies's PB Ratio or its related term are showing as below:

AIRJ's PB Ratio is not ranked *
in the Construction industry.
Industry Median: 1.195
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Montana Technologies's average Book Value Per Share Growth Rate was -170.30% per year.

Back to Basics: PB Ratio


Montana Technologies PB Ratio Historical Data

The historical data trend for Montana Technologies'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.

Montana Technologies PB Ratio Chart

Montana Technologies Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

Montana Technologies Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Montana Technologies's PB Ratio

For the Building Products & Equipment subindustry, Montana Technologies'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.


Montana Technologies's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Montana Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Montana Technologies's PB Ratio falls into.



Montana Technologies 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.

Montana Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=11.87/-0.923
=

* 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 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.


Montana Technologies  (NAS:AIRJ) 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.


Montana Technologies PB Ratio Related Terms

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Montana Technologies (Montana Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
34361 Innovation Drive, Ronan, MT, USA, 59864
Montana Technologies Corp is engaged in transformational technology that provides significant energy efficiency gains in air conditioning and comfort cooling applications, as well as a potential source of potable water, all through its proprietary "AirJoule" unit.

Montana Technologies (Montana Technologies) Headlines