As of today (2024-04-27), AAR's share price is $68.27. AAR's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $26.20. Hence, AAR's Price to Tangible Book Ratio of today is 2.61.
The historical rank and industry rank for AAR's Price-to-Tangible-Book or its related term are showing as below:
AIR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 1.74 Max: 2.68
Current: 2.61
During the past 13 years, AAR's highest Price to Tangible Book Ratio was 2.68. The lowest was 0.91. And the median was 1.74.
AIR's Price-to-Tangible-Book is ranked better than 58.3% of 259
companies
in the Aerospace & Defense industry
Industry Median: 3.12
vs AIR: 2.61
A closely related ratio is called PB Ratio. As of today, AAR's share price is $68.27. AAR's Book Value per Sharefor the quarter that ended in Feb. 2024 was $32.97. Hence, AAR's P/B Ratio of today is 2.07.
AAR Price-to-Tangible-Book Historical Data
The historical data trend for AAR'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.
Competitive Comparison of AAR's Price-to-Tangible-Book
For the Aerospace & Defense subindustry, AAR'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.
AAR's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AAR's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where AAR's Price-to-Tangible-Book falls into.
AAR Price-to-Tangible-Book Calculation
AAR's price-to-tangible-book ratio for today is calculated as:
* 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.
AAR Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of AAR's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.
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