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Pakistan International Airlines (KAR:PIAB) PB Ratio : (As of May. 23, 2024)


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What is Pakistan International Airlines PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-23), Pakistan International Airlines's share price is ₨81.87. Pakistan International Airlines's Book Value per Share for the quarter that ended in Jun. 2023 was ₨-48.53. Hence, Pakistan International Airlines's PB Ratio of today is .

The historical rank and industry rank for Pakistan International Airlines's PB Ratio or its related term are showing as below:

KAR:PIAB's PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.32
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -14.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pakistan International Airlines was 3.50% per year. The lowest was -236.40% per year. And the median was -17.25% per year.

Back to Basics: PB Ratio


Pakistan International Airlines PB Ratio Historical Data

The historical data trend for Pakistan International Airlines's PB Ratio 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.

Pakistan International Airlines PB Ratio Chart

Pakistan International Airlines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
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Pakistan International Airlines Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Pakistan International Airlines's PB Ratio

For the Airlines subindustry, Pakistan International Airlines'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.


Pakistan International Airlines's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pakistan International Airlines's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan International Airlines's PB Ratio falls into.



Pakistan International Airlines PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Pakistan International Airlines's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=81.87/-48.533
=

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Pakistan International Airlines  (KAR:PIAB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Pakistan International Airlines PB Ratio Related Terms

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Pakistan International Airlines (KAR:PIAB) Business Description

Traded in Other Exchanges
Address
PIA Building, Jinnah International Airport, Karachi, PAK, 75200
Pakistan International Airlines Corp Ltd provides commercial air transportation services. It includes passenger, cargo postal carriage, engineering, and other services.

Pakistan International Airlines (KAR:PIAB) Headlines

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