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Volato Group (Volato Group) Price-to-Tangible-Book : (As of May. 26, 2024)


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

As of today (2024-05-26), Volato Group's share price is $1.37. Volato Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.01. Hence, Volato Group's Price to Tangible Book Ratio of today is .

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

During the past 3 years, Volato Group's highest Price to Tangible Book Ratio was 8.31. The lowest was 8.31. And the median was 8.31.

SOAR's Price-to-Tangible-Book is not ranked *
in the Transportation industry.
Industry Median: 1.41
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Volato Group's share price is $1.37. Volato Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.06. Hence, Volato Group's P/B Ratio of today is 23.62.

Volato Group Price-to-Tangible-Book Historical Data

The historical data trend for Volato 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.

Volato Group Price-to-Tangible-Book Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 8.31

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial - - - 8.31 -

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

For the Airports & Air Services subindustry, Volato 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.

Volato Group's Price-to-Tangible-Book Distribution in the Transportation Industry

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

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


Volato Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.37/-0.011
=

* 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:

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.

Volato Group Price-to-Tangible-Book Related Terms

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

Volato Group (Volato Group) Business Description

Industry
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Comparable Companies
Traded in Other Exchanges
N/A
Address
1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341
Website
https://www.flyvolato.com
Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines

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