Volatus Aerospace (Volatus Aerospace) Price-to-Tangible-Book : (As of May. 24, 2024)

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

As of today (2024-05-24), Volatus Aerospace's share price is $0.1875. Volatus Aerospace's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.02. Hence, Volatus Aerospace's Price to Tangible Book Ratio of today is .

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

During the past 5 years, Volatus Aerospace's highest Price to Tangible Book Ratio was 4.75. The lowest was 4.75. And the median was 4.75.

VLTTF's Price-to-Tangible-Book is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 3.07
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Volatus Aerospace's share price is $0.1875. Volatus Aerospace's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.02. Hence, Volatus Aerospace's P/B Ratio of today is 10.42.

Volatus Aerospace Price-to-Tangible-Book Historical Data

The historical data trend for Volatus 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.

Volatus Aerospace Price-to-Tangible-Book Chart

Volatus Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.75

Volatus Aerospace Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											4.75	-	-	-	-

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

For the Aerospace & Defense subindustry, Volatus 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.

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

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

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

Volatus Aerospace Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.1875	/	-0.017
	=

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Volatus Aerospace Price-to-Tangible-Book Related Terms

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

Volatus Aerospace (Volatus Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Volatus Aerospace Corp (OTCPK:VLTTF) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

VOL:Canada

Address

60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0

Website

https://www.volatusaerospace.com

Volatus Aerospace Corp is a provider of integrated drone solutions. It offers a range of solutions and services throughout Canada, the United States, Latin America, and Europe for civilian and military applications, including system and vehicle sales, service and training; aerial inspection and imaging services; data processing and management; system design engineering, research and development, manufacture, and testing.