AirBoss of America (AirBoss of America) PB Ratio

: 0.73 (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 (2024-04-19), AirBoss of America's share price is $3.98. AirBoss of America's Book Value per Share for the quarter that ended in Dec. 2023 was $5.49. Hence, AirBoss of America's PB Ratio of today is 0.73.

The historical rank and industry rank for AirBoss of America's PB Ratio or its related term are showing as below:

ABSSF' s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 1.95 Max: 4.84
Current: 0.74

During the past 13 years, AirBoss of America's highest PB Ratio was 4.84. The lowest was 0.41. And the median was 1.95.

ABSSF's PB Ratio is ranked better than
83.65% of 1529 companies
in the Chemicals industry
Industry Median: 1.59 vs ABSSF: 0.74

During the past 12 months, AirBoss of America's average Book Value Per Share Growth Rate was -25.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AirBoss of America was 45.80% per year. The lowest was -7.40% per year. And the median was 7.45% per year.

Back to Basics: PB Ratio

AirBoss of America PB Ratio Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.25

1.70

3.96

0.76

0.66

AirBoss of America Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																0.76	0.77	0.73	0.47	0.66

Competitive Comparison

For the Specialty Chemicals subindustry, AirBoss of America'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.

AirBoss of America PB Ratio Distribution

For the Chemicals industry and Basic Materials sector, AirBoss of America's PB Ratio distribution charts can be found below:

* The bar in red indicates where AirBoss of America's PB Ratio falls into.

AirBoss of America 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.

AirBoss of America's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.98	/	5.487
	=	0.73

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.

AirBoss of America (OTCPK:ABSSF) 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.

AirBoss of America PB Ratio Related Terms

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AirBoss of America (AirBoss of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AirBoss of America Corp (OTCPK:ABSSF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

2S1:Germany BOS:Canada

Address

16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8

Website

https://www.airboss.com

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.