Air Astana JSC (LSE:AIRA) PB Ratio : 3.47 (As of May. 23, 2024)

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What is Air Astana JSC 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 (2024-05-23), Air Astana JSC's share price is $8.30. Air Astana JSC's Book Value per Share for the quarter that ended in Dec. 2023 was $2.39. Hence, Air Astana JSC's PB Ratio of today is 3.47.

Good Sign:

Air Astana JSC stock PB Ratio (=3.38) is close to 1-year low of 3.27

The historical rank and industry rank for Air Astana JSC's PB Ratio or its related term are showing as below:

LSE:AIRA' s PB Ratio Range Over the Past 10 Years
Min: 3.27 Med: 3.71 Max: 4.32
Current: 3.38

During the past 4 years, Air Astana JSC's highest PB Ratio was 4.32. The lowest was 3.27. And the median was 3.71.

LSE:AIRA's PB Ratio is ranked worse than
83.1% of 929 companies
in the Transportation industry
Industry Median: 1.32 vs LSE:AIRA: 3.38

During the past 12 months, Air Astana JSC's average Book Value Per Share Growth Rate was 38.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 132.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Air Astana JSC was 132.40% per year. The lowest was 132.40% per year. And the median was 132.40% per year.

Back to Basics: PB Ratio

Air Astana JSC PB Ratio Historical Data

The historical data trend for Air Astana JSC'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.

Air Astana JSC PB Ratio Chart

Air Astana JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

Air Astana JSC Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Air Astana JSC's PB Ratio

For the Airlines subindustry, Air Astana JSC'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.

Air Astana JSC's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's PB Ratio falls into.

Air Astana JSC 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.

Air Astana JSC's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	8.30	/	2.394
	=	3.47

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.

Air Astana JSC (LSE:AIRA) 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.

Air Astana JSC PB Ratio Related Terms

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Air Astana JSC (LSE:AIRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Astana JSC (LSE:AIRA) » Definitions » PB Ratio

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Traded in Other Exchanges

AIRA:Kazakhstan

Address

4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000

Website

https://www.airastana.com

Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

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