China Airlines (TPE:2610) PB Ratio : 1.91 (As of Dec. 15, 2024)

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What is China 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 (2024-12-15), China Airlines's share price is NT$26.00. China Airlines's Book Value per Share for the quarter that ended in Sep. 2024 was NT$13.60. Hence, China Airlines's PB Ratio of today is 1.91.

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

TPE:2610' s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.13 Max: 2.6
Current: 1.91

During the past 13 years, China Airlines's highest PB Ratio was 2.60. The lowest was 0.55. And the median was 1.13.

TPE:2610's PB Ratio is ranked worse than
65.16% of 930 companies
in the Transportation industry
Industry Median: 1.32 vs TPE:2610: 1.91

During the past 12 months, China Airlines's average Book Value Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Airlines was 5.80% per year. The lowest was -24.10% per year. And the median was 1.10% per year.

Back to Basics: PB Ratio

China Airlines PB Ratio Historical Data

The historical data trend for China 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.

China Airlines PB Ratio Chart

China Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.87

1.13

2.21

1.63

1.76

China Airlines Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															1.72	1.76	1.52	1.88	1.58

Competitive Comparison of China Airlines's PB Ratio

For the Airlines subindustry, China 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.

China Airlines's PB Ratio Distribution in the Transportation Industry

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

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

China 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	26.00	/	13.597
	=	1.91

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.

China Airlines (TPE:2610) 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.

China Airlines PB Ratio Related Terms

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China Airlines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Airlines Ltd (TPE:2610) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Hangzhan South Road, Dayuan District, Taoyuan, TWN

Website

https://www.china-airlines.com

China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the company's revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.

China Airlines Headlines

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