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Finnair Oyj (Finnair Oyj) Price-to-Tangible-Book : 1.02 (As of May. 05, 2024)


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What is Finnair Oyj Price-to-Tangible-Book?

As of today (2024-05-05), Finnair Oyj's share price is $3.16. Finnair Oyj's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $3.10. Hence, Finnair Oyj's Price to Tangible Book Ratio of today is 1.02.

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

FNNNF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 1.01   Max: 2.5
Current: 1.11

During the past 13 years, Finnair Oyj's highest Price to Tangible Book Ratio was 2.50. The lowest was 0.51. And the median was 1.01.

FNNNF's Price-to-Tangible-Book is ranked better than
61.35% of 877 companies
in the Transportation industry
Industry Median: 1.41 vs FNNNF: 1.11

A closely related ratio is called PB Ratio. As of today, Finnair Oyj's share price is $3.16. Finnair Oyj's Book Value per Sharefor the quarter that ended in Mar. 2024 was $3.10. Hence, Finnair Oyj's P/B Ratio of today is 1.02.


Finnair Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Finnair Oyj'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.

* Premium members only.

Finnair Oyj Price-to-Tangible-Book Chart

Finnair Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 1.19 1.74 1.29 0.98

Finnair Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.54 1.31 1.43 0.98 2.58

Competitive Comparison of Finnair Oyj's Price-to-Tangible-Book

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj's Price-to-Tangible-Book Distribution in the Transportation Industry

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

* The bar in red indicates where Finnair Oyj's Price-to-Tangible-Book falls into.



Finnair Oyj Price-to-Tangible-Book Calculation

Finnair Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.16/3.104
=1.02

* 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.


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.


Finnair Oyj Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Finnair Oyj's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Finnair Oyj (Finnair Oyj) Business Description

Traded in Other Exchanges
Address
Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

Finnair Oyj (Finnair Oyj) Headlines

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