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Abu Dhabi Aviation Co (ADX:ADAVIATION) PB Ratio

: 0.76 (As of Today)
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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 (2024-04-23), Abu Dhabi Aviation Co's share price is د.إ6.65. Abu Dhabi Aviation Co's Book Value per Share for the quarter that ended in Dec. 2023 was د.إ8.78. Hence, Abu Dhabi Aviation Co's PB Ratio of today is 0.76.

Good Sign:

Abu Dhabi Aviation Co stock PB Ratio (=0.76) is close to 1-year low of 0.73

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

ADX:ADAVIATION' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.55   Max: 0.98
Current: 0.76

During the past 13 years, Abu Dhabi Aviation Co's highest PB Ratio was 0.98. The lowest was 0.37. And the median was 0.55.

ADX:ADAVIATION's PB Ratio is ranked better than
74.79% of 932 companies
in the Transportation industry
Industry Median: 1.31 vs ADX:ADAVIATION: 0.76

During the past 12 months, Abu Dhabi Aviation Co's average Book Value Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Abu Dhabi Aviation Co was 11.90% per year. The lowest was -5.90% per year. And the median was 7.70% per year.

Back to Basics: PB Ratio


Abu Dhabi Aviation Co PB Ratio Historical Data

The historical data trend for Abu Dhabi Aviation 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.

* Premium members only.

Abu Dhabi Aviation Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.51 0.65 0.80 0.79

Abu Dhabi Aviation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 0.89 0.79 0.85 0.79

Competitive Comparison

For the Airports & Air Services subindustry, Abu Dhabi Aviation 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.


Abu Dhabi Aviation Co PB Ratio Distribution

For the Transportation industry and Industrials sector, Abu Dhabi Aviation Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Aviation Co's PB Ratio falls into.



Abu Dhabi Aviation Co 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.

Abu Dhabi Aviation Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.65/8.784
=0.76

* 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.


Abu Dhabi Aviation Co  (ADX:ADAVIATION) 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.


Abu Dhabi Aviation Co PB Ratio Related Terms

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


Abu Dhabi Aviation Co (ADX:ADAVIATION) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 2723, Abu Dhabi, ARE
Website
Abu Dhabi Aviation Co is a commercial airline operator based in the Middle East. Its key revenue-generating segment is that of helicopters and fixed-wing aircraft operations within the United Arab Emirates. Among its other business segments are Commercial Aircraft Operations, Air Cargo, Investments, Helicopter and fixed wing operations and others. The firm generates revenue from the Helicopter & fixed wing operations. Other sources of revenue include training of pilots, rental income from investment properties and other management consultancy services.

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