Air Pb Ratio from 2010 to 2024

AIRI Stock  USD 4.65  0.16  3.56%   
Air Industries' PB Ratio is decreasing with slightly volatile movements from year to year. PB Ratio is predicted to flatten to 0.67. For the period between 2010 and 2024, Air Industries, PB Ratio quarterly trend regression had mean deviation of  2.67 and range of 19.2221. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
0.70145933
Current Value
0.67
Quarterly Volatility
4.83395631
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Air Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 1.6 M or Selling General Administrative of 7.8 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0331 or PTB Ratio of 0.67. Air financial statements analysis is a perfect complement when working with Air Industries Valuation or Volatility modules.
  
Check out the analysis of Air Industries Correlation against competitors.

Latest Air Industries' Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Air Industries Group over the last few years. It is Air Industries' PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Industries' overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

Air Pb Ratio Regression Statistics

Arithmetic Mean3.18
Geometric Mean1.94
Coefficient Of Variation152.25
Mean Deviation2.67
Median1.79
Standard Deviation4.83
Sample Variance23.37
Range19.2221
R-Value(0.47)
Mean Square Error19.62
R-Squared0.22
Significance0.08
Slope(0.51)
Total Sum of Squares327.14

Air Pb Ratio History

2024 0.67
2023 0.7
2022 0.81
2021 1.67
2020 2.5
2019 6.5
2018 1.65

About Air Industries Financial Statements

Investors use fundamental indicators, such as Air Industries' Pb Ratio, to determine how well the company is positioned to perform in the future. Although Air Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
PB Ratio 0.70  0.67 

Currently Active Assets on Macroaxis

When determining whether Air Industries Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Air Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Air Industries Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Air Industries Group Stock:
Check out the analysis of Air Industries Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Industries. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
16.148
Quarterly Revenue Growth
0.028
Return On Assets
0.0034
Return On Equity
(0.1)
The market value of Air Industries Group is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Industries' value that differs from its market value or its book value, called intrinsic value, which is Air Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Industries' market value can be influenced by many factors that don't directly affect Air Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.