XTI Aerospace (XTI Aerospace) Price-to-Tangible-Book : 2.45 (As of May. 31, 2024)

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What is XTI Aerospace Price-to-Tangible-Book?

As of today (2024-05-31), XTI Aerospace's share price is $0.9592. XTI Aerospace's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.39. Hence, XTI Aerospace's Price to Tangible Book Ratio of today is 2.45.

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

XTIA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.46
Current: 2.46

During the past 3 years, XTI Aerospace's highest Price to Tangible Book Ratio was 2.46. The lowest was 0.00. And the median was 0.00.

XTIA's Price-to-Tangible-Book is ranked better than
62.02% of 258 companies
in the Aerospace & Defense industry
Industry Median: 3.02 vs XTIA: 2.46

A closely related ratio is called PB Ratio. As of today, XTI Aerospace's share price is $0.9592. XTI Aerospace's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.65. Hence, XTI Aerospace's P/B Ratio of today is 1.48.

XTI Aerospace Price-to-Tangible-Book Historical Data

The historical data trend for XTI Aerospace'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.

XTI Aerospace Price-to-Tangible-Book Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Price-to-Tangible-Book	-	-	-

Competitive Comparison of XTI Aerospace's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, XTI Aerospace'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.

XTI Aerospace's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, XTI Aerospace's Price-to-Tangible-Book distribution charts can be found below:

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

XTI Aerospace Price-to-Tangible-Book Calculation

XTI Aerospace's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.9592	/	0.391
	=	2.45

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.

XTI Aerospace Price-to-Tangible-Book Related Terms

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

XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024