Air Canada (LTS:0SE9) Price-to-Tangible-Book : (As of Jun. 20, 2024)

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What is Air Canada Price-to-Tangible-Book?

As of today (2024-06-20), Air Canada's share price is C$18.2567. Air Canada's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$-10.21. Hence, Air Canada's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Air Canada's highest Price to Tangible Book Ratio was 102.34. The lowest was 1.78. And the median was 3.10.

LTS:0SE9's Price-to-Tangible-Book is not ranked ^*
in the Transportation industry.
Industry Median: 1.38
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Air Canada's share price is C$18.2567. Air Canada's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$1.97. Hence, Air Canada's P/B Ratio of today is 9.28.

Air Canada Price-to-Tangible-Book Historical Data

The historical data trend for Air Canada'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.

Air Canada Price-to-Tangible-Book Chart

Air Canada Annual Data

Trend

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Price-to-Tangible-Book

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Air Canada 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															-	-	-	-	-

Competitive Comparison of Air Canada's Price-to-Tangible-Book

For the Airlines subindustry, Air Canada'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 Canada's Price-to-Tangible-Book Distribution in the Transportation Industry

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

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

Air Canada Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	18.2567	/	-10.21
	=

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.

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 Canada Price-to-Tangible-Book Related Terms

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

Air Canada (LTS:0SE9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (LTS:0SE9) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ACDVF:USA ADH2:Germany AC:Canada ADH2:Bulgaria

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.

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