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 (2024-04-24), Auckland International Airport's share price is NZ$7.87. Auckland International Airport's Book Value per Share for the quarter that ended in Dec. 2023 was NZ$5.72. Hence, Auckland International Airport's PB Ratio of today is 1.37.
Good Sign:
Auckland International Airport Ltd stock PB Ratio (=1.36) is close to 3-year low of 1.3
The historical rank and industry rank for Auckland International Airport's PB Ratio or its related term are showing as below:
NZSE:AIA'
s PB Ratio Range Over the Past 10 Years
Min: 1 Med: 1.69 Max: 2.63
Current: 1.36
During the past 13 years, Auckland International Airport's highest PB Ratio was 2.63. The lowest was 1.00. And the median was 1.69.
NZSE:AIA's PB Ratio is ranked worse than 51.5% of 932
companies
in the Transportation industry
Industry Median: 1.305
vs NZSE:AIA: 1.36
During the past 12 months, Auckland International Airport's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Auckland International Airport was 59.00% per year. The lowest was -14.70% per year. And the median was 9.00% per year.
Back to Basics: PB Ratio
Auckland International Airport PB Ratio Historical Data
The historical data trend for Auckland International Airport'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.
Competitive Comparison of Auckland International Airport's PB Ratio
For the Airports & Air Services subindustry, Auckland International Airport'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.
Auckland International Airport's PB Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Auckland International Airport's PB Ratio distribution charts can be found below:
* The bar in red indicates where Auckland International Airport's PB Ratio falls into.
Auckland International Airport 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.
Auckland International Airport'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.
Auckland International Airport (NZSE:AIA) PB Ratio Explanation
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.
Auckland International Airport PB Ratio Related Terms
Thank you for viewing the detailed overview of Auckland International Airport's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Auckland International Airport (NZSE:AIA) Business Description
Auckland Airport is New Zealand's largest airport, handling 21 million passenger movements in fiscal 2019, approximately 70% of the country's international visitors. It owns 1,500 hectares of land, and hosts ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities could bring its capacity up to near 28 million passenger movements per year by 2032, as well as adding capacity in the ancillary services offered. It also has a minority stake in the small but fast growing Queenstown airport on New Zealand's south island.
Auckland International Airport (NZSE:AIA) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NZSE:AIA has been successfully added to your 