Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
AST SpaceMobile Price-to-Tangible-Book Related Terms
AST SpaceMobile Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for AST SpaceMobile's Price-to-Tangible-Book 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.
ASTS vs ZBRA, VSAT, AAOI: Price-to-Tangible-Book Comparison
For the Communication Equipment subindustry, AST SpaceMobile's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
AST SpaceMobile Price-to-Tangible-Book vs Hardware Industry
For the Hardware industry and Technology sector, AST SpaceMobile's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where AST SpaceMobile's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
AST SpaceMobile (ASTS) has a Price-to-Tangible-Book of 12.42 as of Sep. 08, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on AST SpaceMobile and its competitors. According to the industry distribution chart, AST SpaceMobile ranks #2089 out of 2310 companies in the Hardware industry, placing it in the top 90.4%.
Is AST SpaceMobile's Price-to-Tangible-Book too high?
AST SpaceMobile's current Price-to-Tangible-Book is 12.42. The Hardware industry median Price-to-Tangible-Book is 2.54. AST SpaceMobile's value of 12.42 is 389.9% above this industry median. Based on the distribution chart, AST SpaceMobile ranks #2089 out of 2310 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AST SpaceMobile has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Price-to-Tangible-Book compare to ZBRA and VSAT?
According to the Hardware industry distribution chart, AST SpaceMobile ranks #2089 out of 2310 companies for Price-to-Tangible-Book. This places AST SpaceMobile in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.54. AST SpaceMobile's value of 12.42 is 389.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Hardware company?
The median Price-to-Tangible-Book among Hardware companies is 2.54, based on 2,310 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AST SpaceMobile's current Price-to-Tangible-Book of 12.42 is 389.9% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on AST SpaceMobile and its competitors. For the Hardware industry, the median Price-to-Tangible-Book is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AST SpaceMobile's current Price-to-Tangible-Book is 12.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AST SpaceMobile stock overvalued right now?
Based on GuruFocus' analysis, AST SpaceMobile (ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is $537.22, compared to a current price of $66.12 — trading 87.7% below its estimated fair value. The current Price-to-Tangible-Book is 12.42 and 389.9% above the Hardware industry median of 2.54. AST SpaceMobile's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For AST SpaceMobile (ASTS), the current Price-to-Tangible-Book is 12.42 as of Sep. 08, 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 AST SpaceMobile (ASTS) Overvalued in 2026?
Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued.
The current stock price of $66.12 is trading 87.7% below its estimated GF Value™ of $537.22.
GuruFocus considers AST SpaceMobile to be Possible Value Trap.
Key valuation signals for ASTS:
Price-to-Tangible-Book: 12.42
GF Value™: $537.22 vs. price of $66.12 (87.7% below fair value)
Industry Position: 389.9% above the Hardware median (#2089 of 2310)
No single metric tells the full story. See the ASTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
44GF Score
Get the complete analysis for ASTS
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASTS has been successfully added to your 
