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AustalASX:ASB +1.17%59 Price-to-Tangible-Book is 1.57 as of Sep. 06, 2026. GuruFocus rates ASX:ASB with a GF Score™ of 59/100 and a GF Value™ of A$3.91 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 306 Aerospace & Defense companies, Austal ranks better than 84.64% on this metric.
As of today (2026-09-06), Austal's share price is A$4.33. Austal's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was A$2.76. Hence, Austal's Price to Tangible Book Ratio of today is 1.57.
The historical rank and industry rank for Austal's Price-to-Tangible-Book or its related term are showing as below:
ASX:ASB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 1.34 Max: 2.08
Current: 1.57
During the past 13 years, Austal's highest Price to Tangible Book Ratio was 2.08. The lowest was 0.73. And the median was 1.34.
ASX:ASB's Price-to-Tangible-Book is ranked better than 84.64% of 306
companies
in the Aerospace & Defense industry
Industry Median: 4.315
vs ASX:ASB: 1.57
A closely related ratio is called PB Ratio. As of today, Austal's share price is A$4.33. Austal's Book Value per Sharefor the quarter that ended in Jun. 2026 was A$2.92. Hence, Austal's P/B Ratio of today is 1.48.
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.
Austal Price-to-Tangible-Book Related Terms
Austal Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Austal'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.
ASX:ASB vs SPCX, GE, RTX: Price-to-Tangible-Book Comparison
For the Aerospace & Defense subindustry, Austal'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.
Austal Price-to-Tangible-Book vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Austal's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Austal'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.
Austal (ASX:ASB) has a Price-to-Tangible-Book of 1.57 as of Sep. 06, 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 Austal and its competitors. According to the industry distribution chart, Austal ranks #47 out of 306 companies in the Aerospace & Defense industry, placing it in the top 15.4%.
Is Austal's Price-to-Tangible-Book too high?
Austal's current Price-to-Tangible-Book is 1.57. The Aerospace & Defense industry median Price-to-Tangible-Book is 4.32. Austal's value of 1.57 is 63.6% below this industry median. Based on the distribution chart, Austal ranks #47 out of 306 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 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Austal's Price-to-Tangible-Book compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Austal ranks #47 out of 306 companies for Price-to-Tangible-Book. This places Austal in the top 15% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 4.32. Austal's value of 1.57 is 63.6% below 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 an Aerospace & Defense company?
The median Price-to-Tangible-Book among Aerospace & Defense companies is 4.32, based on 306 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. Austal's current Price-to-Tangible-Book of 1.57 is 63.6% 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 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 Austal and its competitors. For the Aerospace & Defense industry, the median Price-to-Tangible-Book is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austal's current Price-to-Tangible-Book is 1.57. 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 Modestly Overvalued. The stock's GF Value™ is A$3.91, compared to a current price of A$4.33 — trading 10.7% above its estimated fair value. The current Price-to-Tangible-Book is 1.57 and 63.6% below the Aerospace & Defense industry median of 4.32. Austal's overall GF Score™ is 59/100 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 Austal (ASX:ASB), the current Price-to-Tangible-Book is 1.57 as of Sep. 06, 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$4.33 is trading 10.7% above its estimated GF Value™ of A$3.91.
GuruFocus considers Austal to be Modestly Overvalued.
Key valuation signals for ASX:ASB:
Price-to-Tangible-Book: 1.57
GF Value™: A$3.91 vs. price of A$4.33 (10.7% above fair value)
Industry Position: 63.6% below the Aerospace & Defense median (#47 of 306)
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.
59GF Score
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