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Air China (Air China) Book Value per Share : $6.81 (As of Mar. 2024)


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What is Air China Book Value per Share?

Air China's book value per share for the quarter that ended in Mar. 2024 was $6.81.

During the past 12 months, Air China's average Book Value Per Share Growth Rate was 41.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Air China was 31.00% per year. The lowest was -36.80% per year. And the median was 6.90% per year.

Air China's current price is $10.50. Its book value per share for the quarter that ended in Mar. 2024 was $6.81. Hence, today's PB Ratio of Air China is 1.54.

During the past 13 years, the highest P/B Ratio of Air China was 6.94. The lowest was 0.78. And the median was 1.57.


Air China Book Value per Share Historical Data

The historical data trend for Air China's Book Value per Share 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 China Book Value per Share Chart

Air China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.36 16.34 13.27 4.66 6.44

Air China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 6.33 6.02 6.61 6.44 6.81

Competitive Comparison of Air China's Book Value per Share

For the Airlines subindustry, Air China'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 China's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air China's PB Ratio distribution charts can be found below:

* The bar in red indicates where Air China's PB Ratio falls into.



Air China Book Value per Share Calculation

Air China's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5,214-0)/810
=6.44

Air China's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5,186-0)/761
=6.81

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Air China  (OTCPK:AIRYY) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Air China Book Value per Share Related Terms

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Air China (Air China) Business Description

Address
30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.