Air T (AIRT) PB Ratio: (As of Jun. 25, 2026)


AIRT Air T Inc AIRT
52 GF Score
Price $23.50
GF Value $23.05
Valuation Fairly Valued
! 6 Warning Signs
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What is Air T 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 (2026-06-25), Air T's share price is $23.50. Air T's Book Value per Share for the quarter that ended in Dec. 2025 was $-0.43. Hence, Air T's PB Ratio of today is .

The historical rank and industry rank for Air T's PB Ratio or its related term are showing as below:

During the past 13 years, Air T's highest PB Ratio was 888.46. The lowest was 1.14. And the median was 2.62.

AIRT's PB Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.045
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Air T's average Book Value Per Share Growth Rate was -123.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Air T was 115.70% per year. The lowest was -28.80% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Air T  (NAS:AIRT) 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.


Air T PB Ratio Related Terms


Air T PB Ratio Historical Data

* Premium members only.

The historical data trend for Air T'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.

Air T PB Ratio Chart

Air T Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 2.65 5.93 12.91 0.00

Air T Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 10.70 0.00 0.00 912.31 0.00

AIRT vs BBXIA, STRR, PLAG: PB Ratio Comparison

For the Conglomerates subindustry, Air T'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 T PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Air T's PB Ratio distribution charts can be found below:

* The bar in red indicates where Air T's PB Ratio falls into.


AIRT
52GF Score
Air T Inc AIRT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Air T 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.

Air T's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=23.50/-0.433
=

* 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.

Is Air T (AIRT) Overvalued in 2026?

Based on GuruFocus' analysis, Air T stock appears to be overvalued. The current stock price of $23.50 is trading 2% above its estimated GF Value™ of $23.05. GuruFocus considers Air T to be Fairly Valued.

Key valuation signals for AIRT:

  • PB Ratio:
  • GF Value™: $23.05 vs. price of $23.50 (2% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the AIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air T Business Description

Other Exchanges AIRTP.PFD:USAGXT:Germany
Address 11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, Commercial jet engines, and parts, Corporate, and Others. The company generates maximum revenue from the Commercial Jet Engines and Parts segment.
52GF Score

Get the complete analysis for AIRT

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.50
Price
$23.05
GF Value