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QABSY (Qantas Airways) PB Ratio : 45.91 (As of Dec. 14, 2024)


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What is Qantas Airways 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 (2024-12-14), Qantas Airways's share price is $28.095. Qantas Airways's Book Value per Share for the quarter that ended in Jun. 2024 was $0.61. Hence, Qantas Airways's PB Ratio of today is 45.91.

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

QABSY' s PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.87   Max: 2193.33
Current: 48.44

During the past 13 years, Qantas Airways's highest PB Ratio was 2193.33. The lowest was 1.06. And the median was 2.87.

QABSY's PB Ratio is ranked worse than
99.68% of 930 companies
in the Transportation industry
Industry Median: 1.32 vs QABSY: 48.44

During the past 12 months, Qantas Airways's average Book Value Per Share Growth Rate was 6033.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Qantas Airways was 13.10% per year. The lowest was -84.60% per year. And the median was 0.35% per year.

Back to Basics: PB Ratio


Qantas Airways PB Ratio Historical Data

The historical data trend for Qantas Airways'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.

Qantas Airways PB Ratio Chart

Qantas Airways Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 16.96 - 2,033.00 31.78

Qantas Airways Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio 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 - 1,020.50 2,033.00 77.30 31.78

Competitive Comparison of Qantas Airways's PB Ratio

For the Airlines subindustry, Qantas Airways'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.


Qantas Airways's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Qantas Airways's PB Ratio distribution charts can be found below:

* The bar in red indicates where Qantas Airways's PB Ratio falls into.



Qantas Airways 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.

Qantas Airways's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=28.095/0.612
=45.91

* 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.


Qantas Airways  (OTCPK:QABSY) 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.


Qantas Airways PB Ratio Related Terms

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Qantas Airways Business Description

Traded in Other Exchanges
Address
10 Bourke Road, Mascot, Sydney, NSW, AUS, 2020
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.

Qantas Airways Headlines