Air T Inc Stock Price To Book

AIRT Stock

USD 20.21 0.82 4.23%

Air T Inc fundamentals help investors to digest information that contributes to Air T's financial success or failures. It also enables traders to predict the movement of Air Stock. The fundamental analysis module provides a way to measure Air T's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Air T stock.

Short Long Term Debt Total Total Assets

Price To Book Ratio is likely to gain to 13.04 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Air T Inc Company Price To Book Analysis

Air T's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Air T Price To Book

7.61 X

Most of Air T's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Air T Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Air Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Air T is extremely important. It helps to project a fair market value of Air Stock properly, considering its historical fundamentals such as Price To Book. Since Air T's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Air T's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Air T's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Short Term Investments	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Good Will	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.45	0.98	-0.03	0.78	0.99	0.98	0.66	0.83	0.45	0.48	-0.18	0.95	0.8	0.72	-0.9	0.68	0.93	-0.96	0.84	0.85	0.94	0.58	0.94	0.72	0.92
Total Stockholder Equity	-0.45		-0.58	0.89	-0.19	-0.55	-0.36	-0.27	-0.58	-0.19	-0.34	0.25	-0.53	-0.33	-0.64	0.65	-0.19	-0.58	0.5	-0.54	-0.56	-0.65	-0.24	-0.41	-0.35	-0.56
Net Debt	0.98	-0.58		-0.19	0.72	0.99	0.95	0.65	0.87	0.39	0.55	-0.23	0.96	0.77	0.75	-0.93	0.62	0.93	-0.94	0.86	0.84	0.95	0.56	0.95	0.75	0.95
Retained Earnings	-0.03	0.89	-0.19		0.15	-0.14	0.08	-0.03	-0.28	0.03	-0.19	0.22	-0.13	0.0	-0.36	0.29	0.14	-0.2	0.07	-0.18	-0.2	-0.25	-0.04	-0.04	-0.03	-0.16
Net Receivables	0.78	-0.19	0.72	0.15		0.76	0.75	0.39	0.76	0.67	-0.01	-0.12	0.76	0.83	0.55	-0.76	0.66	0.88	-0.74	0.73	0.78	0.72	0.36	0.71	0.47	0.53
Total Liab	0.99	-0.55	0.99	-0.14	0.76		0.97	0.65	0.84	0.45	0.49	-0.2	0.96	0.8	0.75	-0.93	0.66	0.94	-0.96	0.85	0.86	0.96	0.57	0.93	0.72	0.93
Total Current Assets	0.98	-0.36	0.95	0.08	0.75	0.97		0.64	0.75	0.45	0.48	-0.17	0.94	0.78	0.63	-0.87	0.68	0.88	-0.96	0.78	0.79	0.92	0.55	0.91	0.75	0.92
Short Term Debt	0.66	-0.27	0.65	-0.03	0.39	0.65	0.64		0.39	0.19	0.43	-0.11	0.43	0.29	0.23	-0.42	0.36	0.52	-0.56	0.47	0.52	0.49	0.98	0.57	0.09	0.63
Intangible Assets	0.83	-0.58	0.87	-0.28	0.76	0.84	0.75	0.39		0.31	0.41	-0.15	0.87	0.75	0.76	-0.9	0.48	0.91	-0.77	0.94	0.85	0.84	0.3	0.89	0.72	0.75
Accounts Payable	0.45	-0.19	0.39	0.03	0.67	0.45	0.45	0.19	0.31		-0.28	-0.08	0.4	0.36	0.36	-0.42	0.61	0.59	-0.49	0.31	0.48	0.44	0.17	0.24	0.1	0.29
Common Stock	0.48	-0.34	0.55	-0.19	-0.01	0.49	0.48	0.43	0.41	-0.28		-0.21	0.46	0.18	0.27	-0.41	0.08	0.3	-0.42	0.38	0.21	0.43	0.34	0.6	0.58	0.65
Short Term Investments	-0.18	0.25	-0.23	0.22	-0.12	-0.2	-0.17	-0.11	-0.15	-0.08	-0.21		-0.23	-0.22	-0.24	0.3	0.2	-0.19	0.08	-0.09	0.06	-0.24	-0.08	-0.23	-0.24	-0.22
Long Term Debt	0.95	-0.53	0.96	-0.13	0.76	0.96	0.94	0.43	0.87	0.4	0.46	-0.23		0.87	0.78	-0.96	0.62	0.93	-0.94	0.84	0.83	0.97	0.35	0.92	0.85	0.89
Property Plant Equipment	0.8	-0.33	0.77	0.0	0.83	0.8	0.78	0.29	0.75	0.36	0.18	-0.22	0.87		0.68	-0.83	0.59	0.82	-0.79	0.69	0.71	0.79	0.25	0.77	0.69	0.59
Current Deferred Revenue	0.72	-0.64	0.75	-0.36	0.55	0.75	0.63	0.23	0.76	0.36	0.27	-0.24	0.78	0.68		-0.75	0.44	0.76	-0.68	0.78	0.76	0.77	0.15	0.69	0.61	0.7
Net Tangible Assets	-0.9	0.65	-0.93	0.29	-0.76	-0.93	-0.87	-0.42	-0.9	-0.42	-0.41	0.3	-0.96	-0.83	-0.75		-0.52	-0.95	0.91	-0.87	-0.84	-0.97	-0.34	-0.87	-0.79	-0.84
Total Permanent Equity	0.68	-0.19	0.62	0.14	0.66	0.66	0.68	0.36	0.48	0.61	0.08	0.2	0.62	0.59	0.44	-0.52		0.67	-0.71	0.47	0.67	0.62	0.34	0.5	0.36	0.54
Good Will	0.93	-0.58	0.93	-0.2	0.88	0.94	0.88	0.52	0.91	0.59	0.3	-0.19	0.93	0.82	0.76	-0.95	0.67		-0.9	0.87	0.92	0.94	0.46	0.87	0.65	0.82
Capital Surpluse	-0.96	0.5	-0.94	0.07	-0.74	-0.96	-0.96	-0.56	-0.77	-0.49	-0.42	0.08	-0.94	-0.79	-0.68	0.91	-0.71	-0.9		-0.81	-0.84	-0.95	-0.48	-0.85	-0.73	-0.9
Deferred Long Term Liab	0.84	-0.54	0.86	-0.18	0.73	0.85	0.78	0.47	0.94	0.31	0.38	-0.09	0.84	0.69	0.78	-0.87	0.47	0.87	-0.81		0.9	0.85	0.36	0.85	0.65	0.79
Long Term Investments	0.85	-0.56	0.84	-0.2	0.78	0.86	0.79	0.52	0.85	0.48	0.21	0.06	0.83	0.71	0.76	-0.84	0.67	0.92	-0.84	0.9		0.88	0.46	0.75	0.5	0.76
Long Term Debt Total	0.94	-0.65	0.95	-0.25	0.72	0.96	0.92	0.49	0.84	0.44	0.43	-0.24	0.97	0.79	0.77	-0.97	0.62	0.94	-0.95	0.85	0.88		0.42	0.86	0.76	0.91
Short Long Term Debt	0.58	-0.24	0.56	-0.04	0.36	0.57	0.55	0.98	0.3	0.17	0.34	-0.08	0.35	0.25	0.15	-0.34	0.34	0.46	-0.48	0.36	0.46	0.42		0.47	-0.03	0.53
Net Invested Capital	0.94	-0.41	0.95	-0.04	0.71	0.93	0.91	0.57	0.89	0.24	0.6	-0.23	0.92	0.77	0.69	-0.87	0.5	0.87	-0.85	0.85	0.75	0.86	0.47		0.82	0.89
Net Working Capital	0.72	-0.35	0.75	-0.03	0.47	0.72	0.75	0.09	0.72	0.1	0.58	-0.24	0.85	0.69	0.61	-0.79	0.36	0.65	-0.73	0.65	0.5	0.76	-0.03	0.82		0.76
Capital Stock	0.92	-0.56	0.95	-0.16	0.53	0.93	0.92	0.63	0.75	0.29	0.65	-0.22	0.89	0.59	0.7	-0.84	0.54	0.82	-0.9	0.79	0.76	0.91	0.53	0.89	0.76

Click cells to compare fundamentals

Air Price To Book Historical Pattern

Today, most investors in Air T Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air T's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Air T price to book as a starting point in their analysis.

Air T Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict Air T

Price Book Value Ratio Over Time

Air Book Value Per Share

Book Value Per Share

3.81

At this time, Air T's Book Value Per Share is comparatively stable compared to the past year.

Based on the latest financial disclosure, Air T Inc has a Price To Book of 7.6073 times. This is 28.94% higher than that of the Air Freight & Logistics sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 20.01% higher than that of the company.

Air Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air T's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Air T could also be used in its relative valuation, which is a method of valuing Air T by comparing valuation metrics of similar companies.

Air T is currently under evaluation in price to book category among its peers.

Air T Current Valuation Drivers

We derive many important indicators used in calculating different scores of Air T from analyzing Air T's financial statements. These drivers represent accounts that assess Air T's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Air T's important valuation drivers and their relationship over time.

		2019	2020	2021	2022	2023	2024 (projected)
Market Cap		51.7M	61.3M	68.4M	71.3M	64.2M	67.4M

Air T ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Air T's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Air T's managers, analysts, and investors.

Environmental

Governance

Social

Air Fundamentals

	Return On Equity	-0.0028
	Return On Asset	0.0108
	Profit Margin	(0.01) %
	Operating Margin	0.05 %
	Current Valuation	191.46 M
	Shares Outstanding	2.76 M
	Shares Owned By Insiders	51.16 %
	Shares Owned By Institutions	24.90 %
	Number Of Shares Shorted	33.94 K
	Price To Earning	6.19 X
	Price To Book	7.61 X
	Price To Sales	0.19 X
	Revenue	286.83 M
	Gross Profit	45.66 M
	EBITDA	5.85 M
	Net Income	(4.68 M)
	Cash And Equivalents	8.09 M
	Cash Per Share	2.82 X
	Total Debt	125.2 M
	Debt To Equity	4.16 %
	Current Ratio	4.66 X
	Book Value Per Share	2.55 X
	Cash Flow From Operations	17.18 M
	Short Ratio	1.37 X
	Earnings Per Share	(0.87) X
	Number Of Employees	624
	Beta	0.73
	Market Capitalization	53.52 M
	Total Asset	177.17 M
	Retained Earnings	8.19 M
	Working Capital	56.04 M
	Current Asset	38.96 M
	Current Liabilities	15.72 M
	Net Asset	177.17 M

About Air T Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Air T Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air T using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air T Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Air Stock Analysis

When running Air T's price analysis, check to measure Air T's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC