Asiana Airlines (XKRX:020560) Price-to-Tangible-Book : 1.85 (As of May. 23, 2024)

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What is Asiana Airlines Price-to-Tangible-Book?

As of today (2024-05-23), Asiana Airlines's share price is ₩11000.00. Asiana Airlines's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₩5,953.17. Hence, Asiana Airlines's Price to Tangible Book Ratio of today is 1.85.

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

XKRX:020560' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 1.74 Max: 9.23
Current: 1.85

During the past 13 years, Asiana Airlines's highest Price to Tangible Book Ratio was 9.23. The lowest was 0.33. And the median was 1.74.

XKRX:020560's Price-to-Tangible-Book is ranked worse than
56.04% of 878 companies
in the Transportation industry
Industry Median: 1.425 vs XKRX:020560: 1.85

A closely related ratio is called PB Ratio. As of today, Asiana Airlines's share price is ₩11000.00. Asiana Airlines's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₩6,645.61. Hence, Asiana Airlines's P/B Ratio of today is 1.66.

Asiana Airlines Price-to-Tangible-Book Historical Data

The historical data trend for Asiana Airlines'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.

Asiana Airlines Price-to-Tangible-Book Chart

Asiana Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.05

0.33

3.43

1.64

1.32

Asiana Airlines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.88	1.74	1.71	1.32	1.86

Competitive Comparison of Asiana Airlines's Price-to-Tangible-Book

For the Airlines subindustry, Asiana Airlines'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.

Asiana Airlines's Price-to-Tangible-Book Distribution in the Transportation Industry

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

* The bar in red indicates where Asiana Airlines's Price-to-Tangible-Book falls into.

Asiana Airlines Price-to-Tangible-Book Calculation

Asiana Airlines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	11000.00	/	5953.174
	=	1.85

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Asiana Airlines Price-to-Tangible-Book Related Terms

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

Asiana Airlines (XKRX:020560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asiana Airlines Inc (XKRX:020560) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Asiana Town KangseoNo 47, PO Box 98 Osae-Dong, Kangseo-ku, Seoul, KOR, 157-731

Website

http://www.flyasiana.com

Asiana Airlines Inc is one of South Korea's major airlines. It generates revenue by transporting passengers, cargo, and by providing supplementary services related to airlines and travel industries. The company offers many different classes, or cabin experiences, for each flight. A customer may purchase tickets, check the flight status, check-in, and order/confirm other amenities on the company's website. Only a small portion of revenue is derived from domestic passengers (South Korea), with international passengers and carrying cargo constituting a majority. The majority of Asiana's revenue is from routes conducted throughout Asia.

Asiana Airlines (XKRX:020560) Headlines

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