Aerostar (BSE:ARS) PB Ratio : 2.49 (As of May. 25, 2024)

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What is Aerostar PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-25), Aerostar's share price is lei9.46. Aerostar's Book Value per Share for the quarter that ended in Mar. 2024 was lei3.80. Hence, Aerostar's PB Ratio of today is 2.49.

Good Sign:

Aerostar SA stock PB Ratio (=2.5) is close to 1-year low of 2.26

The historical rank and industry rank for Aerostar's PB Ratio or its related term are showing as below:

BSE:ARS' s PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 2.32 Max: 3.43
Current: 2.49

During the past 13 years, Aerostar's highest PB Ratio was 3.43. The lowest was 1.28. And the median was 2.32.

BSE:ARS's PB Ratio is ranked better than
52.61% of 287 companies
in the Aerospace & Defense industry
Industry Median: 2.61 vs BSE:ARS: 2.49

During the past 12 months, Aerostar's average Book Value Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aerostar was 21.00% per year. The lowest was 6.00% per year. And the median was 13.90% per year.

Back to Basics: PB Ratio

Aerostar PB Ratio Historical Data

The historical data trend for Aerostar's PB Ratio 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.

Aerostar PB Ratio Chart

Aerostar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.24

1.71

2.98

2.38

2.41

Aerostar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															2.22	2.49	2.52	2.41	2.47

Competitive Comparison of Aerostar's PB Ratio

For the Aerospace & Defense subindustry, Aerostar's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Aerostar's PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerostar's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aerostar's PB Ratio falls into.

Aerostar PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Aerostar's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	9.46	/	3.799
	=	2.49

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Aerostar (BSE:ARS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Aerostar PB Ratio Related Terms

Thank you for viewing the detailed overview of Aerostar's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Aerostar (BSE:ARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerostar SA (BSE:ARS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Condorilor Street, Bacau, ROU, 600302

Website

http://www.aerostar.ro

Aerostar S.A. is a Romania-based company engaged in the aerospace and defense industry. Principally, it is involved in the production of aircrafts and spaceships. The company's foremost business lines consist of maintenance of commercial aircraft, manufacturing of aviation products and aero and ground systems for defense, production, and integrations. Additionally, it distributes its products in domestic countries as well as internationally.

Aerostar (BSE:ARS) Headlines

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