MALJF (Magellan Aerospace) Price-to-Tangible-Book : 0.83 (As of Dec. 15, 2024)

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What is Magellan Aerospace Price-to-Tangible-Book?

As of today (2024-12-15), Magellan Aerospace's share price is $7.581. Magellan Aerospace's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $9.12. Hence, Magellan Aerospace's Price to Tangible Book Ratio of today is 0.83.

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

MALJF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 1.19 Max: 2.43
Current: 0.86

During the past 13 years, Magellan Aerospace's highest Price to Tangible Book Ratio was 2.43. The lowest was 0.50. And the median was 1.19.

MALJF's Price-to-Tangible-Book is ranked better than
91.6% of 262 companies
in the Aerospace & Defense industry
Industry Median: 3.4 vs MALJF: 0.86

A closely related ratio is called PB Ratio. As of today, Magellan Aerospace's share price is $7.581. Magellan Aerospace's Book Value per Sharefor the quarter that ended in Sep. 2024 was $9.88. Hence, Magellan Aerospace's P/B Ratio of today is 0.77.

Magellan Aerospace Price-to-Tangible-Book Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace Price-to-Tangible-Book Chart

Magellan Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.18

0.72

0.81

0.82

0.65

Magellan Aerospace Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.65	0.65	0.66	0.67	0.75

Competitive Comparison of Magellan Aerospace's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, Magellan Aerospace'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.

Magellan Aerospace's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Price-to-Tangible-Book distribution charts can be found below:

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

Magellan Aerospace Price-to-Tangible-Book Calculation

Magellan Aerospace's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	7.581	/	9.12
	=	0.83

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.

Magellan Aerospace Price-to-Tangible-Book Related Terms

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

Magellan Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (OTCPK:MALJF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

4M7A:Germany MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry, through its subsidiary engineers and manufactures aero-engine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. It operates activities in one reportable segment, Aerospace, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. It generates revenue through the Sale of goods and Services. Geographically it operates in Canada, the United States, and Europe. It generates the majority of its revenue from Canada.