As of today (2024-04-24), Archer Aviation's share price is $4.01. Archer Aviation's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.21. Hence, Archer Aviation's Price to Tangible Book Ratio of today is 3.32.
The historical rank and industry rank for Archer Aviation's Price-to-Tangible-Book or its related term are showing as below:
ACHR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 2.06 Max: 5.09
Current: 3.31
During the past 4 years, Archer Aviation's highest Price to Tangible Book Ratio was 5.09. The lowest was 0.92. And the median was 2.06.
ACHR's Price-to-Tangible-Book is ranked worse than 51.72% of 261
companies
in the Aerospace & Defense industry
Industry Median: 3.13
vs ACHR: 3.31
A closely related ratio is called PB Ratio. As of today, Archer Aviation's share price is $4.01. Archer Aviation's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.21. Hence, Archer Aviation's P/B Ratio of today is 3.32.
Archer Aviation Price-to-Tangible-Book Historical Data
The historical data trend for Archer Aviation'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.
For the Aerospace & Defense subindustry, Archer Aviation'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.
Archer Aviation Price-to-Tangible-Book Distribution
For the Aerospace & Defense industry and Industrials sector, Archer Aviation's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Archer Aviation's Price-to-Tangible-Book falls into.
* 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 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.
Archer Aviation Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Archer Aviation's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Archer Aviation (Archer Aviation) Business Description
Archer Aviation Inc advances the benefits of sustainable air mobility. It is creating the electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. It is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for around 60 miles at speeds of up to 150 mph while producing minimal noise.
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