AustalASX:ASB -2.61%73 PB Ratio is 1.30 as of Jun. 25, 2026, which is 4% above its 10-year median of 1.25. GuruFocus rates ASX:ASB with a GF Score™ of 73/100 and a GF Value™ of A$3.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 339 Aerospace & Defense companies, Austal ranks better than 86.73% 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 (2026-06-25), Austal's share price is A$4.11. Austal's Book Value per Share for the quarter that ended in Dec. 2025 was A$3.15. Hence, Austal's PB Ratio of today is 1.30.
The historical rank and industry rank for Austal's PB Ratio or its related term are showing as below:
ASX:ASB'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.25 Max: 2.8
Current: 1.31
During the past 13 years, Austal's highest PB Ratio was 2.80. The lowest was 0.63. And the median was 1.25.
ASX:ASB's PB Ratio is ranked better than 86.73% of 339
companies
in the Aerospace & Defense industry
Industry Median: 3.66
vs ASX:ASB: 1.31
During the past 12 months, Austal's average Book Value Per Share Growth Rate was 5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Austal was 42.20% per year. The lowest was -6.40% per year. And the median was 9.00% 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.
Austal PB Ratio Related Terms
Austal PB Ratio Historical Data
* Premium members only.
The historical data trend for Austal'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, Austal'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.
Austal PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Austal's PB Ratio distribution charts can be found below:
* The bar in red indicates where Austal'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.
Austal'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.
Austal (ASX:ASB) has a PB Ratio of 1.30 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Austal and its competitors. This is near median its historical median of 1.25. Over the past decade, Austal's PB Ratio has ranged from 0.63 to 2.80. According to the industry distribution chart, Austal ranks #45 out of 339 companies in the Aerospace & Defense industry, placing it in the top 13.3%.
Is Austal's PB Ratio too high?
Austal's current PB Ratio of 1.30 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.80. The Aerospace & Defense industry median PB Ratio is 3.66. Austal's value of 1.30 is 64.5% below this industry median. Based on the distribution chart, Austal ranks #45 out of 339 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Austal has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Austal's PB Ratio compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Austal ranks #45 out of 339 companies for PB Ratio. This places Austal in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.66. Austal's value of 1.30 is 64.5% below this benchmark. Historically, Austal's own PB Ratio has ranged from 0.63 to 2.80 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 3.66, Austal 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 3.66, based on 339 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. Austal's current PB Ratio of 1.30 is 64.5% 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 Austal and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austal's current PB Ratio is 1.30, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austal stock overvalued right now?
Based on GuruFocus' analysis, Austal (ASX:ASB) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.10, compared to a current price of A$4.11 — trading 32.6% above its estimated fair value. The current PB Ratio is 1.30, which is near median its 10-year median of 1.25 and 64.5% below the Aerospace & Defense industry median of 3.66. Austal's overall GF Score™ is 73/100 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 Austal (ASX:ASB), the current PB Ratio is 1.30 as of Jun. 25, 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 Austal (ASX:ASB) Overvalued in 2026?
Based on GuruFocus' analysis, Austal stock appears to be overvalued.
The current stock price of A$4.11 is trading 32.6% above its estimated GF Value™ of A$3.10.
GuruFocus considers Austal to be Significantly Overvalued.
Key valuation signals for ASX:ASB:
PB Ratio: 1.30 (near median its 10-year median of 1.25)
GF Value™: A$3.10 vs. price of A$4.11 (32.6% above fair value)
Industry Position: 64.5% below the Aerospace & Defense median (#45 of 339)
No single metric tells the full story. See the ASX:ASB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.
73GF Score
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