Magellan AerospaceTSX:MAL +0.03%75 PB Ratio is 2.11 as of Jun. 24, 2026, which is 157% above its 10-year median of 0.82. GuruFocus rates TSX:MAL with a GF Score™ of 75/100 and a GF Value™ of C$11.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 339 Aerospace & Defense companies, Magellan Aerospace ranks better than 73.75% on this metric.
Magellan Aerospace Corp stock PB Ratio (=2.21) is close to 10-year high of 2.22.
The historical rank and industry rank for Magellan Aerospace's PB Ratio or its related term are showing as below:
TSX:MAL'
s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.82 Max: 2.22
Current: 2.11
During the past 13 years, Magellan Aerospace's highest PB Ratio was 2.22. The lowest was 0.36. And the median was 0.82.
TSX:MAL's PB Ratio is ranked better than 73.75% of 339
companies
in the Aerospace & Defense industry
Industry Median: 3.7
vs TSX:MAL: 2.11
During the past 12 months, Magellan Aerospace's average Book Value Per Share Growth Rate was 2.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% 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 Magellan Aerospace was 33.00% per year. The lowest was -29.70% per year. And the median was 0.55% 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.
Magellan Aerospace PB Ratio Related Terms
Magellan Aerospace PB Ratio Historical Data
* Premium members only.
The historical data trend for Magellan Aerospace'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, Magellan Aerospace'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.
Magellan Aerospace PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's PB Ratio distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace'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.
Magellan Aerospace (TSX:MAL) has a PB Ratio of 2.11 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Magellan Aerospace and its competitors. This is 157% above median its historical median of 0.82. Over the past decade, Magellan Aerospace's PB Ratio has ranged from 0.36 to 2.22. According to the industry distribution chart, Magellan Aerospace ranks #89 out of 339 companies in the Aerospace & Defense industry, placing it in the top 26.3%.
Is Magellan Aerospace's PB Ratio too high?
Magellan Aerospace's current PB Ratio of 2.11 is 157% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.22. The Aerospace & Defense industry median PB Ratio is 3.70. Magellan Aerospace's value of 2.11 is 43% below this industry median. Based on the distribution chart, Magellan Aerospace ranks #89 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Magellan Aerospace has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's PB Ratio compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #89 out of 339 companies for PB Ratio. This puts Magellan Aerospace in the upper half of its industry. The industry median PB Ratio is 3.70. Magellan Aerospace's value of 2.11 is 43% below this benchmark. Historically, Magellan Aerospace's own PB Ratio has ranged from 0.36 to 2.22 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 3.70, Magellan Aerospace 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 3.70, 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. Magellan Aerospace's current PB Ratio of 2.11 is 43% 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 Magellan Aerospace and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current PB Ratio is 2.11, which is 157% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (TSX:MAL) is currently considered Significantly Overvalued. The stock's GF Value™ is C$11.58, compared to a current price of C$31.00 — trading 167.7% above its estimated fair value. The current PB Ratio is 2.11, which is 157% above median its 10-year median of 0.82 and 43% below the Aerospace & Defense industry median of 3.70. Magellan Aerospace's overall GF Score™ is 75/100 with 6 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 Magellan Aerospace (TSX:MAL), the current PB Ratio is 2.11 as of Jun. 24, 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 Magellan Aerospace (TSX:MAL) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued.
The current stock price of C$31.00 is trading 167.7% above its estimated GF Value™ of C$11.58.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for TSX:MAL:
PB Ratio: 2.11 (157% above median its 10-year median of 0.82)
GF Value™: C$11.58 vs. price of C$31.00 (167.7% above fair value)
Industry Position: 43% below the Aerospace & Defense median (#89 of 339)
No single metric tells the full story. See the TSX:MAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
75GF Score
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