Air France-KLM (CHIX:AFP) Price-to-Tangible-Book: (As of Aug. 23, 2026)

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CHIX:AFP Air France-KLM CHIX:AFP
67 GF Score
Price €11.41
GF Value €10.13
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Air France-KLM Price-to-Tangible-Book?

As of today (2026-08-23), Air France-KLM's share price is €11.405. Air France-KLM's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was €-3.02. Hence, Air France-KLM's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Air France-KLM's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Air France-KLM's highest Price to Tangible Book Ratio was 32.27. The lowest was 2.03. And the median was 5.38.

CHIX:AFp's Price-to-Tangible-Book is not ranked *
in the Transportation industry.
Industry Median: 1.39
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Air France-KLM's share price is €11.405. Air France-KLM's Book Value per Sharefor the quarter that ended in Jun. 2026 was €2.48. Hence, Air France-KLM's P/B Ratio of today is 4.60.

Be Aware

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.

Air France-KLM Price-to-Tangible-Book Related Terms

Air France-KLM Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Air France-KLM'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.

Air France-KLM Price-to-Tangible-Book Chart

Air France-KLM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
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Air France-KLM Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CHIX:AFP vs DAL, UAL, LUV: Price-to-Tangible-Book Comparison

For the Airlines subindustry, Air France-KLM'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.

Air France-KLM Price-to-Tangible-Book vs Transportation Industry

For the Transportation industry and Industrials sector, Air France-KLM's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Air France-KLM's Price-to-Tangible-Book falls into.


CHIX:AFP
67GF Score
Air France-KLM CHIX:AFP
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air France-KLM Price-to-Tangible-Book Calculation

Air France-KLM's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=11.405/-3.022
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

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.

Is Air France-KLM (CHIX:AFP) Overvalued in 2026?

Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued. The current stock price of €11.41 is trading 12.6% above its estimated GF Value™ of €10.13. GuruFocus considers Air France-KLM to be Modestly Overvalued.

Key valuation signals for CHIX:AFP:

  • Price-to-Tangible-Book:
  • GF Value™: €10.13 vs. price of €11.41 (12.6% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the CHIX:AFP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Air France-KLM Business Description

Address 7 Rue du Cirque, Paris, FRA, 75008
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
67GF Score

Get the complete analysis for CHIX:AFP

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.41
Price
€10.13
GF Value