The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-17), Air Transport Services Group's share price is $12.43. Air Transport Services Group's Book Value per Share for the quarter that ended in Dec. 2023 was $20.98. Hence, Air Transport Services Group's PB Ratio of today is 0.59.
Good Sign:
Air Transport Services Group Inc stock PB Ratio (=0.6) is close to 10-year low of 0.58
The historical rank and industry rank for Air Transport Services Group's PB Ratio or its related term are showing as below:
ATSG'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.79 Max: 5.34
Current: 0.59
During the past 13 years, Air Transport Services Group's highest PB Ratio was 5.34. The lowest was 0.58. And the median was 1.79.
ATSG's PB Ratio is ranked better than 83.26% of 932
companies
in the Transportation industry
Industry Median: 1.305
vs ATSG: 0.59
During the past 12 months, Air Transport Services Group's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Air Transport Services Group was 49.30% per year. The lowest was -34.70% per year. And the median was 8.70% per year.
Back to Basics: PB Ratio
Air Transport Services Group PB Ratio Historical Data
The historical data trend for Air Transport Services Group's PB Ratio 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.
Air Transport Services Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
3.02
2.18
1.65
1.33
0.84
Air Transport Services Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
1.33
1.05
0.93
1.01
0.84
Competitive Comparison
For the Airlines subindustry, Air Transport Services Group's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Air Transport Services Group PB Ratio Distribution
For the Transportation industry and Industrials sector, Air Transport Services Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Air Transport Services Group's PB Ratio falls into.
Air Transport Services Group PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Air Transport Services Group's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Air Transport Services Group (NAS:ATSG) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Air Transport Services Group PB Ratio Related Terms
Thank you for viewing the detailed overview of Air Transport Services Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Air Transport Services Group (Air Transport Services Group) Business Description
Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.
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