AirNet Technology (AirNet Technology) Price-to-Tangible-Book

: 0.75 (As of Today)

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As of today (2024-04-23), AirNet Technology's share price is $1.16. AirNet Technology's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $1.54. Hence, AirNet Technology's Price to Tangible Book Ratio of today is 0.75.

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

ANTE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21 Med: 0.61 Max: 1.64
Current: 0.75

During the past 13 years, AirNet Technology's highest Price to Tangible Book Ratio was 1.64. The lowest was 0.21. And the median was 0.61.

ANTE's Price-to-Tangible-Book is ranked better than
78.15% of 778 companies
in the Media - Diversified industry
Industry Median: 1.845 vs ANTE: 0.75

A closely related ratio is called PB Ratio. As of today, AirNet Technology's share price is $1.16. AirNet Technology's Book Value per Sharefor the quarter that ended in Jun. 2023 was $1.54. Hence, AirNet Technology's P/B Ratio of today is 0.75.

AirNet Technology Price-to-Tangible-Book Historical Data

The historical data trend for AirNet Technology'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.

AirNet Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

0.31

0.61

1.04

1.11

0.21

AirNet Technology Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book																1.64	1.11	0.90	0.21	0.79

Competitive Comparison

For the Advertising Agencies subindustry, AirNet Technology'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.

AirNet Technology Price-to-Tangible-Book Distribution

For the Media - Diversified industry and Communication Services sector, AirNet Technology's Price-to-Tangible-Book distribution charts can be found below:

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

AirNet Technology Price-to-Tangible-Book Calculation

AirNet Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.16	/	1.538
	=	0.75

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.

AirNet Technology Price-to-Tangible-Book Related Terms

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

AirNet Technology (AirNet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AirNet Technology Inc (NAS:ANTE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Dongzhimenwai Street, Chaoyang District, Beijing, CHN, 100027

Website

https://ir.airnetgroup.cn

AirNet Technology Inc provides in-flight solutions to connectivity, entertainment, and digital multimedia in China. It offers Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment, and breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. It operates in two operating segments i.e. cryptocurrency mining, and selling advertising time slots on their network, air travel advertising network throughout PRC.