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Fly Leasing (Fly Leasing) Price-to-Tangible-Book : 1.01 (As of May. 05, 2024)


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What is Fly Leasing Price-to-Tangible-Book?

As of today (2024-05-05), Fly Leasing's share price is $17.03. Fly Leasing's Tangible Book per Share of Mar. 2021 for the quarter that ended in Mar. 2021 was $16.87. Hence, Fly Leasing's Price to Tangible Book Ratio of today is 1.01.

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

FLY's Price-to-Tangible-Book is not ranked *
in the Aerospace & Defense industry.
Industry Median: 3.12
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Fly Leasing's share price is $17.03. Fly Leasing's Book Value per Sharefor the quarter that ended in Mar. 2021 was $26.03. Hence, Fly Leasing's P/B Ratio of today is 0.65.


Fly Leasing Price-to-Tangible-Book Historical Data

The historical data trend for Fly Leasing'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.

Fly Leasing Price-to-Tangible-Book Chart

Fly Leasing Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.88 0.85 1.03 0.59

Fly Leasing Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.41 0.36 0.59 1.00

Competitive Comparison of Fly Leasing's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, Fly Leasing'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.


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

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

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



Fly Leasing Price-to-Tangible-Book Calculation

Fly Leasing's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2021 )
=17.03/16.873
=1.01

* 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.

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

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.


Fly Leasing Price-to-Tangible-Book Related Terms

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


Fly Leasing (Fly Leasing) Business Description

Traded in Other Exchanges
N/A
Address
West Pier Business Campus, Dun Laoghaire, County Dublin, IRL, A96 N6T7
Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.