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Park Aerospace (Park Aerospace) Price-to-Tangible-Book : 2.92 (As of Apr. 26, 2024)


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

As of today (2024-04-26), Park Aerospace's share price is $14.76. Park Aerospace's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $5.05. Hence, Park Aerospace's Price to Tangible Book Ratio of today is 2.92.

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

PKE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.68   Med: 2.25   Max: 3.38
Current: 2.92

During the past 13 years, Park Aerospace's highest Price to Tangible Book Ratio was 3.38. The lowest was 1.68. And the median was 2.25.

PKE's Price-to-Tangible-Book is ranked better than
53.28% of 259 companies
in the Aerospace & Defense industry
Industry Median: 3.14 vs PKE: 2.92

A closely related ratio is called PB Ratio. As of today, Park Aerospace's share price is $14.76. Park Aerospace's Book Value per Sharefor the quarter that ended in Nov. 2023 was $5.53. Hence, Park Aerospace's P/B Ratio of today is 2.67.


Park Aerospace Price-to-Tangible-Book Historical Data

The historical data trend for Park 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.

Park Aerospace Price-to-Tangible-Book Chart

Park Aerospace Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 2.16 2.24 2.25 3.17

Park Aerospace Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 2.19 3.17 2.54 2.68 2.99

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

For the Aerospace & Defense subindustry, Park 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.


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

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

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



Park Aerospace Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=14.76/5.047
=2.92

* 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.


Park Aerospace Price-to-Tangible-Book Related Terms

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


Park Aerospace (Park Aerospace) Business Description

Traded in Other Exchanges
Address
1400 Old Country Road, Suite 409N, Westbury, New York, NY, USA, 11590
Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.
Executives
Shane Connor director 10510 SPRINGBORO PIKE, MIAMISBURG OH 45342
Nickel Cory officer: Sr VP and General Manager 816 N. BLAINE ST., NEWTON KS 67114
Dale Blanchfield director 128 HAWTHORNE ROAD, HOPKINS MN 55343
D. Bradley Thress director 250 WEST SPRING STREET, UNIT 615, COLUMBUS OH 43215
Brian E Shore director, officer: President and CEO
Emily J Groehl officer: Sr. VP, Sales and Marketing
Mark A Esquivel officer: Vice President - Aerospace 48 SOUTH SERVICE ROAD, MELVILLE NY 11747
Yvonne Julian director 225 HIDDEN HILLS DRIVE, GREENVILLE SC 29605
Steven T Warshaw director
Stephen E Gilhuley officer: Senior Vice President, Secreta
P. Matthew Farabaugh officer: Vice President and Controller PARK ELECTROCHEMICAL CORP., 48 SOUTH SERVICE ROAD, SUITE 300, MELVILLE X1 11747
Benjamin Wykoff Shore officer: Senior Vice President 31 HARBOR PARK DRIVE, CENTERPORT NY 11721
Robert J Yaniro officer: VP and Corporate Controller 48 SOUTH SERVICE ROAD, MELVILLE NY 11747
Carl William Smith director 10044 E. NACOMA CT., SUN LAKE AZ 85248
Christopher T. Mastrogiacomo officer: V P of Strategic Marketing 48 SOUTH SERVICE ROAD, SUITE 300, MELVILLE NY 11747