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Air Asia CoTPE:2630 +0.19%83 PB Ratio is 3.30 as of Jul. 23, 2026, which is 75% above its 10-year median of 1.89. GuruFocus rates TPE:2630 with a GF Score™ of 83/100 and a GF Value™ of NT$38.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 342 Aerospace & Defense companies, Air Asia Co ranks better than 52.92% on this metric.
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 (2026-07-23), Air Asia Co's share price is NT$53.30. Air Asia Co's Book Value per Share for the quarter that ended in Mar. 2026 was NT$16.14. Hence, Air Asia Co's PB Ratio of today is 3.30.
The historical rank and industry rank for Air Asia Co's PB Ratio or its related term are showing as below:
TPE:2630'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.89 Max: 5.72
Current: 3.31
During the past 13 years, Air Asia Co's highest PB Ratio was 5.72. The lowest was 0.77. And the median was 1.89.
TPE:2630's PB Ratio is ranked better than 52.92% of 342
companies
in the Aerospace & Defense industry
Industry Median: 3.49
vs TPE:2630: 3.31
During the past 12 months, Air Asia Co's average Book Value Per Share Growth Rate was 0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Air Asia Co was 16.40% per year. The lowest was -1.40% per year. And the median was 3.50% per year.
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 Asia Co PB Ratio Related Terms
Air Asia Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Air Asia Co'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.
For the Aerospace & Defense subindustry, Air Asia Co'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 Asia Co PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Air Asia Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Air Asia Co's PB Ratio falls into.
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 Asia Co's PB Ratio for today is calculated as follows:
* 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.
Air Asia Co (TPE:2630) has a PB Ratio of 3.30 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Air Asia Co and its competitors. This is 75% above median its historical median of 1.89. Over the past decade, Air Asia Co's PB Ratio has ranged from 0.77 to 5.72. According to the industry distribution chart, Air Asia Co ranks #161 out of 342 companies in the Aerospace & Defense industry, placing it in the top 47.1%.
Is Air Asia Co's PB Ratio too high?
Air Asia Co's current PB Ratio of 3.30 is 75% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 5.72. The Aerospace & Defense industry median PB Ratio is 3.49. Air Asia Co's value of 3.30 is 5.4% below this industry median. Based on the distribution chart, Air Asia Co ranks #161 out of 342 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Air Asia Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #161 out of 342 companies for PB Ratio. This puts Air Asia Co in the upper half of its industry. The industry median PB Ratio is 3.49. Air Asia Co's value of 3.30 is 5.4% below this benchmark. Historically, Air Asia Co's own PB Ratio has ranged from 0.77 to 5.72 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 3.49, Air Asia Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.49, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Asia Co's current PB Ratio of 3.30 is 5.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Air Asia Co and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current PB Ratio is 3.30, which is 75% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.73, compared to a current price of NT$53.30 — trading 37.6% above its estimated fair value. The current PB Ratio is 3.30, which is 75% above median its 10-year median of 1.89 and 5.4% below the Aerospace & Defense industry median of 3.49. Air Asia Co's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Air Asia Co (TPE:2630), the current PB Ratio is 3.30 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air Asia Co (TPE:2630) Overvalued in 2026?
Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued.
The current stock price of NT$53.30 is trading 37.6% above its estimated GF Value™ of NT$38.73.
GuruFocus considers Air Asia Co to be Significantly Overvalued.
Key valuation signals for TPE:2630:
PB Ratio: 3.30 (75% above median its 10-year median of 1.89)
GF Value™: NT$38.73 vs. price of NT$53.30 (37.6% above fair value)
Industry Position: 5.4% below the Aerospace & Defense median (#161 of 342)
No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
83GF Score
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