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Priority Aviation (Priority Aviation) PB Ratio : (As of May. 05, 2024)


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What is Priority Aviation 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 (2024-05-05), Priority Aviation's share price is $0.0001. Priority Aviation's Book Value per Share for the quarter that ended in Jun. 2011 was $-1.15. Hence, Priority Aviation's PB Ratio of today is .

The historical rank and industry rank for Priority Aviation's PB Ratio or its related term are showing as below:

PJET's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.97
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Priority Aviation PB Ratio Historical Data

The historical data trend for Priority Aviation'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.

Priority Aviation PB Ratio Chart

Priority Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
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Priority Aviation Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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Competitive Comparison of Priority Aviation's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Priority Aviation'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.


Priority Aviation's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Priority Aviation's PB Ratio distribution charts can be found below:

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



Priority Aviation 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.

Priority Aviation's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2011)
=0.0001/-1.151
=

* 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.


Priority Aviation  (OTCPK:PJET) 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.


Priority Aviation PB Ratio Related Terms

Thank you for viewing the detailed overview of Priority Aviation's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Priority Aviation (Priority Aviation) Business Description

Traded in Other Exchanges
N/A
Address
14333 Preston Road, Suite 904, Dallas, TX, USA, 75254
Priority Aviation Inc is working to develop the business model acquired from THC - designer bong waters. The Company is also marketing the waters to a variety of wholesale and retail outlets.