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Air New Zealand (Air New Zealand) Price-to-Tangible-Book : 0.93 (As of Apr. 26, 2024)


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What is Air New Zealand Price-to-Tangible-Book?

As of today (2024-04-26), Air New Zealand's share price is $0.31375. Air New Zealand's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.34. Hence, Air New Zealand's Price to Tangible Book Ratio of today is 0.93.

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

ANZFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 1.59   Max: 2.65
Current: 0.92

During the past 13 years, Air New Zealand's highest Price to Tangible Book Ratio was 2.65. The lowest was 0.92. And the median was 1.59.

ANZFF's Price-to-Tangible-Book is ranked better than
64.77% of 880 companies
in the Transportation industry
Industry Median: 1.395 vs ANZFF: 0.92

A closely related ratio is called PB Ratio. As of today, Air New Zealand's share price is $0.31375. Air New Zealand's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.37. Hence, Air New Zealand's P/B Ratio of today is 0.85.

Air New Zealand Price-to-Tangible-Book Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand Price-to-Tangible-Book Chart

Air New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.27 1.76 1.24 1.39

Air New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 2.57 1.24 1.56 1.39 1.23

Competitive Comparison of Air New Zealand's Price-to-Tangible-Book

For the Airlines subindustry, Air New Zealand'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.

Air New Zealand's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Air New Zealand's Price-to-Tangible-Book falls into.


Air New Zealand Price-to-Tangible-Book Calculation

Air New Zealand's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.31375/0.336
=0.93

* 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:

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.

Air New Zealand Price-to-Tangible-Book Related Terms

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

Air New Zealand (Air New Zealand) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air New Zealand Ltd (OTCPK:ANZFF) » Definitions » Price-to-Tangible-Book
Comparable Companies
ASX:1CG ASX:MRQ ASX:KEY ASX:LMS ASX:DDT ASX:MHC ASX:VPR ASX:AYM ASX:DCX ASX:HGL DAL DUB:RYA LUV NSE:INDIGO UAL SHSE:601111 SGX:C6L IST:THYAO SHSE:600029 LSE:IAG
Traded in Other Exchanges
ANZLY:USA AIR:New Zealand BZU:Germany AIZ:Australia
Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Website
https://www.airnewzealand.co.nz
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.