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AeroVironment Inc (NAS:AVAV)
P/B Ratio
1.95 (As of Today)

As of today, AeroVironment Inc's share price is $28.24. AeroVironment Inc's Book Value per Share for the quarter that ended in Oct. 2014 was $14.48. Hence, AeroVironment Inc's P/B Ratio of today is 1.95.

Good Sign:

AeroVironment Inc stock P/B Ratio (=1.95) is close to 1-year low of 1.92

AVAV' s 10-Year P/B Ratio Range
Min: 1.29   Max: 4.26
Current: 2

1.29
4.26

During the past 12 years, AeroVironment Inc's highest P/B Ratio was 4.26. The lowest was 1.29. And the median was 2.43.

AVAV's P/B Ratiois ranked higher than
78% of the 329 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.61 vs. AVAV: 2.00 )

During the past 12 months, AeroVironment Inc's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 24.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of AeroVironment Inc was 72.40% per year. The lowest was 0.00% per year. And the median was 12.60% per year.


Definition

AeroVironment Inc's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (Q: Oct. 2014)
=28.24/14.48
=1.95

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book Ratio. The difference between Price-to-Tangible-Book Ratio and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 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.


Related Terms

Book Value per Share, Market Cap, Total Equity, Preferred Stock, P/E ratio, P/S ratio, Price-to-Free-Cash-Flow ratio, Price-to-Tangible-Book Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AeroVironment Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
pb 0.000.002.962.842.432.442.391.811.392.29

AeroVironment Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
pb 1.741.591.541.391.661.972.092.292.232.09
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