As of today (2024-04-19), Willis Lease Finance's share price is $49.89. Willis Lease Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $62.60. Hence, Willis Lease Finance's Price to Tangible Book Ratio of today is 0.80.
The historical rank and industry rank for Willis Lease Finance's Price-to-Tangible-Book or its related term are showing as below:
WLFC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.79 Max: 1.08
Current: 0.8
During the past 13 years, Willis Lease Finance's highest Price to Tangible Book Ratio was 1.08. The lowest was 0.58. And the median was 0.79.
WLFC's Price-to-Tangible-Book is ranked better than 82.3% of 870
companies
in the Business Services industry
Industry Median: 2.03
vs WLFC: 0.80
A closely related ratio is called PB Ratio. As of today, Willis Lease Finance's share price is $49.89. Willis Lease Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was $64.09. Hence, Willis Lease Finance's P/B Ratio of today is 0.78.
Willis Lease Finance Price-to-Tangible-Book Historical Data
The historical data trend for Willis Lease Finance'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.
Willis Lease Finance Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.08
0.58
0.70
1.01
0.78
Willis Lease Finance Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
1.01
0.93
0.67
0.69
0.78
Competitive Comparison
For the Rental & Leasing Services subindustry, Willis Lease Finance'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.
Willis Lease Finance Price-to-Tangible-Book Distribution
For the Business Services industry and Industrials sector, Willis Lease Finance's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Willis Lease Finance's Price-to-Tangible-Book falls into.
* 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.
Willis Lease Finance Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Willis Lease Finance's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Willis Lease Finance (Willis Lease Finance) Business Description
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components.
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