Aerodrome Group (XTAE:ARDM) Price-to-Tangible-Book : 3.59 (As of Jun. 25, 2024)

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What is Aerodrome Group Price-to-Tangible-Book?

As of today (2024-06-25), Aerodrome Group's share price is ₪0.761. Aerodrome Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪0.21. Hence, Aerodrome Group's Price to Tangible Book Ratio of today is 3.59.

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

XTAE:ARDM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.25 Med: 8.63 Max: 30.39
Current: 3.62

During the past 11 years, Aerodrome Group's highest Price to Tangible Book Ratio was 30.39. The lowest was 2.25. And the median was 8.63.

XTAE:ARDM's Price-to-Tangible-Book is ranked worse than
64.22% of 218 companies
in the Education industry
Industry Median: 1.89 vs XTAE:ARDM: 3.62

A closely related ratio is called PB Ratio. As of today, Aerodrome Group's share price is ₪0.761. Aerodrome Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪0.53. Hence, Aerodrome Group's P/B Ratio of today is 1.44.

Aerodrome Group Price-to-Tangible-Book Historical Data

The historical data trend for Aerodrome Group'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.

Aerodrome Group Price-to-Tangible-Book Chart

Aerodrome Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

30.39

4.42

2.25

2.80

Aerodrome Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															4.42	2.43	2.25	2.01	2.80

Competitive Comparison of Aerodrome Group's Price-to-Tangible-Book

For the Education & Training Services subindustry, Aerodrome Group'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.

Aerodrome Group's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aerodrome Group's Price-to-Tangible-Book distribution charts can be found below:

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

Aerodrome Group Price-to-Tangible-Book Calculation

Aerodrome Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.761	/	0.212
	=	3.59

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.

Aerodrome Group Price-to-Tangible-Book Related Terms

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

Aerodrome Group (XTAE:ARDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Aerodrome Group Ltd (XTAE:ARDM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Amal Street, Afek Industrial Park, Rosh Haayin, ISR, 94158

Website

https://www.aerodrome-ops.com

Aerodrome Group Ltd is a provider of UAS services and solutions. Its UAS operations include UAS Piloting, UAS External Pilot Training, UAS Pilot In Command (PIC) Training, UAS Payload Operator Training, Advanced Mission Training. The company provides four different courses running in parallel; PIC training, O-Level training, external pilot training, and payload operator training. It provides a full envelope of services for defense industries and organizations that wish to use unmanned systems.

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