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Air Busan Co (XKRX:298690) Price-to-Tangible-Book : 1.52 (As of May. 26, 2024)


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What is Air Busan Co Price-to-Tangible-Book?

As of today (2024-05-26), Air Busan Co's share price is ₩2690.00. Air Busan Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₩1,765.02. Hence, Air Busan Co's Price to Tangible Book Ratio of today is 1.52.

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

XKRX:298690' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 3.01   Max: 13.58
Current: 1.52

During the past 9 years, Air Busan Co's highest Price to Tangible Book Ratio was 13.58. The lowest was 1.52. And the median was 3.01.

XKRX:298690's Price-to-Tangible-Book is ranked worse than
52.57% of 877 companies
in the Transportation industry
Industry Median: 1.41 vs XKRX:298690: 1.52

A closely related ratio is called PB Ratio. As of today, Air Busan Co's share price is ₩2690.00. Air Busan Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₩1,780.28. Hence, Air Busan Co's P/B Ratio of today is 1.51.


Air Busan Co Price-to-Tangible-Book Historical Data

The historical data trend for Air Busan Co'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.

Air Busan Co Price-to-Tangible-Book Chart

Air Busan Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 3.01 2.58 3.48 2.57 1.93

Air Busan Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 2.62 1.97 1.93 1.55

Competitive Comparison of Air Busan Co's Price-to-Tangible-Book

For the Airlines subindustry, Air Busan Co'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.


Air Busan Co's Price-to-Tangible-Book Distribution in the Transportation Industry

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

* The bar in red indicates where Air Busan Co's Price-to-Tangible-Book falls into.



Air Busan Co Price-to-Tangible-Book Calculation

Air Busan Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2690.00/1765.02
=1.52

* 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.


Air Busan Co Price-to-Tangible-Book Related Terms

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


Air Busan Co (XKRX:298690) Business Description

Traded in Other Exchanges
N/A
Address
57 Avenue Road 6, (2 Daejeo East), Busan Distribution Complex, Gangseo-gu District, Busan, KOR
Air Busan Co Ltd operates as a regional airline based in South Korea. It offers services such as In-Flight Service, Baggage compensation, In-Flight Duty-Free Service, Prepaid meals, Mobile Boarding passes, and others.

Air Busan Co (XKRX:298690) Headlines

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