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Skymark AirlinesTSE:9204 -0.24%59 PB Ratio is 0.74 as of Jul. 23, 2026, which is 52% below its 10-year median of 1.53. GuruFocus rates TSE:9204 with a GF Score™ of 59/100 and a GF Value™ of 円669.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 965 Transportation companies, Skymark Airlines ranks better than 75.54% 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 (2026-07-23), Skymark Airlines's share price is 円415.00. Skymark Airlines's Book Value per Share for the quarter that ended in Mar. 2026 was 円564.24. Hence, Skymark Airlines's PB Ratio of today is 0.74.
The historical rank and industry rank for Skymark Airlines's PB Ratio or its related term are showing as below:
TSE:9204'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.53 Max: 4.29
Current: 0.74
During the past 13 years, Skymark Airlines's highest PB Ratio was 4.29. The lowest was 0.57. And the median was 1.53.
TSE:9204's PB Ratio is ranked better than 75.54% of 965
companies
in the Transportation industry
Industry Median: 1.25
vs TSE:9204: 0.74
During the past 12 months, Skymark Airlines's average Book Value Per Share Growth Rate was 25.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Skymark Airlines was 55.30% per year. The lowest was -28.10% per year. And the median was 21.40% 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.
Skymark Airlines PB Ratio Related Terms
Skymark Airlines PB Ratio Historical Data
* Premium members only.
The historical data trend for Skymark Airlines'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 Airports & Air Services subindustry, Skymark Airlines'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.
Skymark Airlines PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Skymark Airlines's PB Ratio distribution charts can be found below:
* The bar in red indicates where Skymark Airlines'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.
* 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.
Skymark Airlines (TSE:9204) has a PB Ratio of 0.74 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Skymark Airlines and its competitors. This is 52% below median its historical median of 1.53. Over the past decade, Skymark Airlines' PB Ratio has ranged from 0.57 to 4.29. According to the industry distribution chart, Skymark Airlines ranks #236 out of 965 companies in the Transportation industry, placing it in the top 24.5%.
Is Skymark Airlines' PB Ratio too high?
Skymark Airlines' current PB Ratio of 0.74 is 52% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 4.29. The Transportation industry median PB Ratio is 1.25. Skymark Airlines' value of 0.74 is 40.8% below this industry median. Based on the distribution chart, Skymark Airlines ranks #236 out of 965 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Skymark Airlines has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skymark Airlines' PB Ratio compare to JOBY?
According to the Transportation industry distribution chart, Skymark Airlines ranks #236 out of 965 companies for PB Ratio. This places Skymark Airlines in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.25. Skymark Airlines' value of 0.74 is 40.8% below this benchmark. Historically, Skymark Airlines' own PB Ratio has ranged from 0.57 to 4.29 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.25, Skymark Airlines 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 a Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 965 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. Skymark Airlines's current PB Ratio of 0.74 is 40.8% 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 Skymark Airlines and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skymark Airlines's current PB Ratio is 0.74, which is 52% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skymark Airlines stock overvalued right now?
Based on GuruFocus' analysis, Skymark Airlines (TSE:9204) is currently considered Possible Value Trap. The stock's GF Value™ is 円669.56, compared to a current price of 円415.00 — trading 38% below its estimated fair value. The current PB Ratio is 0.74, which is 52% below median its 10-year median of 1.53 and 40.8% below the Transportation industry median of 1.25. Skymark Airlines' overall GF Score™ is 59/100 with 5 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 Skymark Airlines (TSE:9204), the current PB Ratio is 0.74 as of Jul. 23, 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 Skymark Airlines (TSE:9204) Overvalued in 2026?
Based on GuruFocus' analysis, Skymark Airlines stock appears to be undervalued.
The current stock price of 円415.00 is trading 38% below its estimated GF Value™ of 円669.56.
GuruFocus considers Skymark Airlines to be Possible Value Trap.
Key valuation signals for TSE:9204:
PB Ratio: 0.74 (52% below median its 10-year median of 1.53)
GF Value™: 円669.56 vs. price of 円415.00 (38% below fair value)
Industry Position: 40.8% below the Transportation median (#236 of 965)
No single metric tells the full story. See the TSE:9204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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