Asia Aviation PCL (BKK:AAV) Book Value per Share: ฿1.12 (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:AAV Asia Aviation PCL BKK:AAV
65 GF Score
Price ฿1.05
GF Value ฿2.17
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Asia Aviation PCL Book Value per Share?

Asia Aviation PCL BKK:AAV 65 Book Value per Share is ฿1.12 as of Mar. 2026. GuruFocus rates BKK:AAV with a GF Score™ of 65/100 and a GF Value™ of ฿2.17 (Possible Value Trap). The stock has 6 warning signs investors should review.

Asia Aviation PCL's book value per share for the quarter that ended in Mar. 2026 was ฿1.12.

During the past 12 months, Asia Aviation PCL's average Book Value Per Share Growth Rate was 12.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.70% 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 Asia Aviation PCL was 486.30% per year. The lowest was -44.90% per year. And the median was -0.80% per year.

Asia Aviation PCL's current price is ฿1.05. Its book value per share for the quarter that ended in Mar. 2026 was ฿1.12. Hence, today's PB Ratio of Asia Aviation PCL is 0.94.

During the past 13 years, the highest P/B Ratio of Asia Aviation PCL was 7.91. The lowest was 0.27. And the median was 1.27.

Good Sign:

Asia Aviation PCL stock PB Ratio (=0.94) is close to 5-year low of 0.94.


Asia Aviation PCL  (BKK:AAV) 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.


Asia Aviation PCL Book Value per Share Related Terms


Asia Aviation PCL Book Value per Share Historical Data

* Premium members only.

The historical data trend for Asia Aviation PCL'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.

Asia Aviation PCL Book Value per Share Chart

Asia Aviation PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 0.65 0.66 0.89 1.06

Asia Aviation PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.99 1.01 0.94 1.06 1.12

BKK:AAV vs DAL, UAL, LUV: Book Value per Share Comparison

For the Airlines subindustry, Asia Aviation PCL'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.


Asia Aviation PCL PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Asia Aviation PCL's PB Ratio falls into.


BKK:AAV
65GF Score
Asia Aviation PCL BKK:AAV
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Aviation PCL Book Value per Share Calculation

Asia Aviation PCL's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(13,556-0)/12,850
=1.05

Asia Aviation PCL's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(14,411-0)/12,850
=1.12

* 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.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ฿1.12 mean?
Asia Aviation PCL (BKK:AAV) has a Book Value per Share of ฿1.12 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Asia Aviation PCL and its competitors.
Is Asia Aviation PCL's Book Value per Share too high?
Asia Aviation PCL's current Book Value per Share is ฿1.12. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's Book Value per Share compare to DAL and UAL?
Asia Aviation PCL's Book Value per Share of ฿1.12 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Transportation company?
A good Book Value per Share depends on the Transportation industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Asia Aviation PCL and its competitors. Asia Aviation PCL's current Book Value per Share is ฿1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Aviation PCL (BKK:AAV) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.17, compared to a current price of ฿1.05 — trading 51.6% below its estimated fair value. The current Book Value per Share is ฿1.12. Asia Aviation PCL's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Asia Aviation PCL (BKK:AAV), the current Book Value per Share is ฿1.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asia Aviation PCL (BKK:AAV) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued. The current stock price of ฿1.05 is trading 51.6% below its estimated GF Value™ of ฿2.17. GuruFocus considers Asia Aviation PCL to be Possible Value Trap.

Key valuation signals for BKK:AAV:

  • Book Value per Share: ฿1.12
  • GF Value™: ฿2.17 vs. price of ฿1.05 (51.6% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the BKK:AAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Aviation PCL Business Description

Other Exchanges 55AA:Germany
Address Vibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
65GF Score

Get the complete analysis for BKK:AAV

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.05
Price
฿2.17
GF Value