China Airlines (TPE:2610) Price-to-Tangible-Book : 1.85 (As of Jun. 18, 2024)

View and export this data going back to 1993. Start your Free Trial

What is China Airlines Price-to-Tangible-Book?

As of today (2024-06-18), China Airlines's share price is NT$23.35. China Airlines's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$12.65. Hence, China Airlines's Price to Tangible Book Ratio of today is 1.85.

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

TPE:2610' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 1.14 Max: 2.24
Current: 1.85

During the past 13 years, China Airlines's highest Price to Tangible Book Ratio was 2.24. The lowest was 0.70. And the median was 1.14.

TPE:2610's Price-to-Tangible-Book is ranked worse than
61.25% of 880 companies
in the Transportation industry
Industry Median: 1.405 vs TPE:2610: 1.85

A closely related ratio is called PB Ratio. As of today, China Airlines's share price is NT$23.35. China Airlines's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$12.78. Hence, China Airlines's P/B Ratio of today is 1.83.

China Airlines Price-to-Tangible-Book Historical Data

The historical data trend for China Airlines'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.

China Airlines Price-to-Tangible-Book Chart

China Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.89

1.16

2.24

1.65

1.77

China Airlines 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															1.66	2.22	1.74	1.77	1.54

Competitive Comparison of China Airlines's Price-to-Tangible-Book

For the Airlines subindustry, China Airlines'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.

China Airlines's Price-to-Tangible-Book Distribution in the Transportation Industry

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

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

China Airlines Price-to-Tangible-Book Calculation

China Airlines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	23.35	/	12.652
	=	1.85

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.

China Airlines Price-to-Tangible-Book Related Terms

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

China Airlines (TPE:2610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Airlines Ltd (TPE:2610) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Hangzhan South Road, Dayuan District, Taoyuan, TWN

Website

https://www.china-airlines.com

China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the company's revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.

China Airlines (TPE:2610) Headlines

No Headlines