Airobot Technologies AS (OTSE:AIR) PB Ratio : 15.51 (As of May. 24, 2024)

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What is Airobot Technologies AS 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 (2024-05-24), Airobot Technologies AS's share price is €2.76. Airobot Technologies AS's Book Value per Share for the quarter that ended in Dec. 2023 was €0.18. Hence, Airobot Technologies AS's PB Ratio of today is 15.51.

The historical rank and industry rank for Airobot Technologies AS's PB Ratio or its related term are showing as below:

OTSE:AIR' s PB Ratio Range Over the Past 10 Years
Min: 10.65 Med: 25.1 Max: 5380
Current: 15.51

During the past 5 years, Airobot Technologies AS's highest PB Ratio was 5380.00. The lowest was 10.65. And the median was 25.10.

OTSE:AIR's PB Ratio is ranked worse than
98.03% of 2385 companies
in the Hardware industry
Industry Median: 1.88 vs OTSE:AIR: 15.51

During the past 12 months, Airobot Technologies AS's average Book Value Per Share Growth Rate was 13.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 194.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Airobot Technologies AS was 194.10% per year. The lowest was 182.00% per year. And the median was 188.05% per year.

Back to Basics: PB Ratio

Airobot Technologies AS PB Ratio Historical Data

The historical data trend for Airobot Technologies AS'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.

Airobot Technologies AS PB Ratio Chart

Airobot Technologies AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

25.25

11.18

Airobot Technologies AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	17.09	25.25	41.85	11.18

Competitive Comparison of Airobot Technologies AS's PB Ratio

For the Consumer Electronics subindustry, Airobot Technologies AS'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.

Airobot Technologies AS's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Airobot Technologies AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Airobot Technologies AS's PB Ratio falls into.

Airobot Technologies AS 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.

Airobot Technologies AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.76	/	0.178
	=	15.51

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Airobot Technologies AS (OTSE:AIR) 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.

Airobot Technologies AS PB Ratio Related Terms

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Airobot Technologies AS (OTSE:AIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airobot Technologies AS (OTSE:AIR) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Suur-sojamae 37a, Rae Vald, EST, 75322

Website

https://www.airobothome.com

Airobot Technologies AS is an indoor climate technology and production company, which is characterized by strong software and air analysis. The company's main product is innovative ventilation equipment with a demand-based control algorithm, which has been developed in cooperation with researchers from the University of Tartu and TalTech.