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AirBoss of America (AirBoss of America) Price-to-Tangible-Book

: 1.60 (As of Today)
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As of today (2024-04-23), AirBoss of America's share price is $4.1288. AirBoss of America's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.59. Hence, AirBoss of America's Price to Tangible Book Ratio of today is 1.60.

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

ABSSF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.41   Med: 2.87   Max: 8.55
Current: 1.62

During the past 13 years, AirBoss of America's highest Price to Tangible Book Ratio was 8.55. The lowest was 1.41. And the median was 2.87.

ABSSF's Price-to-Tangible-Book is ranked better than
54.83% of 1490 companies
in the Chemicals industry
Industry Median: 1.735 vs ABSSF: 1.62

A closely related ratio is called PB Ratio. As of today, AirBoss of America's share price is $4.1288. AirBoss of America's Book Value per Sharefor the quarter that ended in Dec. 2023 was $5.49. Hence, AirBoss of America's P/B Ratio of today is 0.75.


AirBoss of America Price-to-Tangible-Book Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.06 2.69 8.16 1.80 1.40

AirBoss of America 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 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 Premium Member Only Premium Member Only Premium Member Only 1.80 1.77 1.69 1.11 1.40

Competitive Comparison

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America Price-to-Tangible-Book Distribution

For the Chemicals industry and Basic Materials sector, AirBoss of America's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where AirBoss of America's Price-to-Tangible-Book falls into.



AirBoss of America Price-to-Tangible-Book Calculation

AirBoss of America's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.1288/2.586
=1.60

* 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.


AirBoss of America Price-to-Tangible-Book Related Terms

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


AirBoss of America (AirBoss of America) Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.

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