BOC Aviation (HKSE:02588) PB Ratio : 0.96 (As of Apr. 29, 2024)

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What is BOC Aviation 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 (2024-04-29), BOC Aviation's share price is HK$62.00. BOC Aviation's Book Value per Share for the quarter that ended in Dec. 2023 was HK$64.69. Hence, BOC Aviation's PB Ratio of today is 0.96.

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

HKSE:02588' s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.11 Max: 1.7
Current: 0.96

During the past 12 years, BOC Aviation's highest PB Ratio was 1.70. The lowest was 0.78. And the median was 1.11.

HKSE:02588's PB Ratio is ranked better than
74.37% of 1026 companies
in the Business Services industry
Industry Median: 1.78 vs HKSE:02588: 0.96

During the past 12 months, BOC Aviation's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of BOC Aviation was 16.00% per year. The lowest was 4.20% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio

BOC Aviation PB Ratio Historical Data

The historical data trend for BOC Aviation'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.

BOC Aviation PB Ratio Chart

BOC Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.54

1.25

0.96

1.12

0.92

BOC Aviation Semi-Annual Data
	Dec13	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															0.96	1.19	1.12	1.05	0.92

Competitive Comparison of BOC Aviation's PB Ratio

For the Rental & Leasing Services subindustry, BOC Aviation'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.

BOC Aviation's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BOC Aviation's PB Ratio distribution charts can be found below:

* The bar in red indicates where BOC Aviation's PB Ratio falls into.

BOC Aviation 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.

BOC Aviation's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	62.00	/	64.688
	=	0.96

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.

BOC Aviation (HKSE:02588) 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.

BOC Aviation PB Ratio Related Terms

Thank you for viewing the detailed overview of BOC Aviation's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

BOC Aviation (HKSE:02588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BOC Aviation Ltd (HKSE:02588) » Definitions » PB Ratio

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Traded in Other Exchanges

BCVVF:USA

Address

79 Robinson Road, No. 15-01, Singapore, SGP, 068897

Website

https://www.bocaviation.com

BOC Aviation is the world's fifth-largest aircraft leasing company by net book value of owned aircraft, with a portfolio of more than 600 commercial passenger and cargo aircraft. The company was founded in 1993 in Singapore as a joint venture between Singapore Airlines and U.S.-based Boullioun Aviation Services. In 2006, the company was acquired by the Bank of China and took on its current name. Listed on the Stock Exchange of Hong Kong in 2016, BOC Aviation remains headquartered in Singapore, but has operations in Dublin, London, New York, and Tianjin. Bank of China remains its largest shareholder with a 70% stake. BOC Aviation has an international management team with its key leaders having more than 30 years of experience in the aircraft and leasing business.

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