Air New Zealand (STU:BZU) PB Ratio : 0.89 (As of Dec. 15, 2024)

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What is Air New Zealand 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 (2024-12-15), Air New Zealand's share price is €0.304. Air New Zealand's Book Value per Share for the quarter that ended in Jun. 2024 was €0.34. Hence, Air New Zealand's PB Ratio of today is 0.89.

The historical rank and industry rank for Air New Zealand's PB Ratio or its related term are showing as below:

STU:BZU' s PB Ratio Range Over the Past 10 Years
Min: 0.46 Med: 1.48 Max: 2.03
Current: 0.95

During the past 13 years, Air New Zealand's highest PB Ratio was 2.03. The lowest was 0.46. And the median was 1.48.

STU:BZU's PB Ratio is ranked better than
66.77% of 930 companies
in the Transportation industry
Industry Median: 1.32 vs STU:BZU: 0.95

During the past 12 months, Air New Zealand's average Book Value Per Share Growth Rate was -3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -8.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Air New Zealand was 17.00% per year. The lowest was -62.60% per year. And the median was -0.70% per year.

Back to Basics: PB Ratio

Air New Zealand PB Ratio Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand PB Ratio Chart

Air New Zealand Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

PB Ratio

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1.18

1.56

1.10

1.21

0.86

Air New Zealand 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															1.10	1.30	1.21	1.04	0.86

Competitive Comparison of Air New Zealand's PB Ratio

For the Airlines subindustry, Air New Zealand'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.

Air New Zealand's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's PB Ratio distribution charts can be found below:

* The bar in red indicates where Air New Zealand's PB Ratio falls into.

Air New Zealand 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.

Air New Zealand's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	0.304	/	0.34
	=	0.89

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.

Air New Zealand (STU:BZU) 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.

Air New Zealand PB Ratio Related Terms

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Air New Zealand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air New Zealand Ltd (STU:BZU) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ANZLY:USA ANZFF: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 Southwest 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% share, although the majority of revenue is derived from international and trans-Tasman activity.