Beyond Air Stock Book Value Per Share

XAIR Stock

USD 0.47 0.02 4.08%

Beyond Air fundamentals help investors to digest information that contributes to Beyond Air's financial success or failures. It also enables traders to predict the movement of Beyond Stock. The fundamental analysis module provides a way to measure Beyond Air'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 Beyond Air stock.

	Last Reported	Projected for Next Year
Book Value Per Share	0.82	(3.24)
Tangible Book Value Per Share	0.78	(3.24)

As of 12/16/2024, Book Value Per Share is likely to drop to -3.24. In addition to that, Tangible Book Value Per Share is likely to drop to -3.24.

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

Beyond Air Company Book Value Per Share Analysis

Beyond Air's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Beyond Air Book Value Per Share

0.55 X

Most of Beyond Air's fundamental indicators, such as Book Value Per Share, 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, Beyond Air is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Beyond Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Beyond Air is extremely important. It helps to project a fair market value of Beyond Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Beyond Air'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 Beyond Air'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 Beyond Air's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Common Stock	Capital Surpluse	Short Long Term Debt	Short Term Debt	Net Tangible Assets	Current Deferred Revenue	Long Term Debt	Net Receivables	Long Term Debt Total	Deferred Long Term Liab	Property Plant Equipment	Short Term Investments	Net Invested Capital	Treasury Stock	Net Working Capital	Capital Stock	Intangible Assets
Total Assets		0.98	-0.78	-0.75	0.71	0.8	1.0	-0.39	0.84	0.97	0.8	0.98	0.64	0.54	0.94	0.9	-0.21	0.65	0.07	0.97	0.31	0.97	0.81	0.88
Total Stockholder Equity	0.98		-0.88	-0.64	0.61	0.7	0.99	-0.37	0.75	0.92	0.72	0.97	0.61	0.45	0.88	0.91	-0.13	0.52	-0.09	0.96	0.17	0.99	0.7	0.82
Net Debt	-0.78	-0.88		0.21	-0.33	-0.3	-0.82	0.24	-0.36	-0.65	-0.32	-0.76	-0.6	-0.02	-0.61	-0.74	-0.28	-0.07	0.5	-0.74	0.28	-0.83	-0.3	-0.56
Retained Earnings	-0.75	-0.64	0.21		-0.73	-0.99	-0.71	0.38	-0.99	-0.84	-0.98	-0.77	-0.35	-0.89	-0.84	-0.7	0.74	-0.97	-0.64	-0.79	-0.76	-0.71	-0.94	-0.79
Accounts Payable	0.71	0.61	-0.33	-0.73		0.75	0.69	-0.52	0.74	0.79	0.69	0.69	0.41	0.5	0.67	0.63	-0.26	0.61	0.14	0.73	0.39	0.61	0.71	0.5
Total Liab	0.8	0.7	-0.3	-0.99	0.75		0.77	-0.41	0.99	0.86	0.98	0.8	0.43	0.86	0.86	0.76	-0.69	0.95	0.58	0.83	0.68	0.76	0.91	0.83
Total Current Assets	1.0	0.99	-0.82	-0.71	0.69	0.77		-0.4	0.81	0.95	0.77	0.98	0.65	0.51	0.91	0.92	-0.18	0.6	0.01	0.97	0.25	0.98	0.77	0.86
Common Stock	-0.39	-0.37	0.24	0.38	-0.52	-0.41	-0.4		-0.41	-0.42	-0.37	-0.38	-0.21	-0.29	-0.35	-0.45	0.16	-0.29	-0.01	-0.42	-0.15	-0.37	-0.33	-0.25
Capital Surpluse	0.84	0.75	-0.36	-0.99	0.74	0.99	0.81	-0.41		0.9	0.99	0.85	0.42	0.86	0.89	0.79	-0.68	0.94	0.53	0.87	0.67	0.81	0.93	0.84
Short Long Term Debt	0.97	0.92	-0.65	-0.84	0.79	0.86	0.95	-0.42	0.9		0.88	0.97	0.57	0.64	0.95	0.86	-0.32	0.74	0.19	0.97	0.45	0.92	0.89	0.85
Short Term Debt	0.8	0.72	-0.32	-0.98	0.69	0.98	0.77	-0.37	0.99	0.88		0.83	0.33	0.9	0.86	0.77	-0.73	0.94	0.56	0.86	0.73	0.79	0.93	0.82
Net Tangible Assets	0.98	0.97	-0.76	-0.77	0.69	0.8	0.98	-0.38	0.85	0.97	0.83		0.52	0.6	0.92	0.91	-0.28	0.65	0.07	0.99	0.38	0.98	0.84	0.85
Current Deferred Revenue	0.64	0.61	-0.6	-0.35	0.41	0.43	0.65	-0.21	0.42	0.57	0.33	0.52		-0.05	0.64	0.41	0.22	0.36	0.03	0.5	-0.23	0.54	0.31	0.66
Long Term Debt	0.54	0.45	-0.02	-0.89	0.5	0.86	0.51	-0.29	0.86	0.64	0.9	0.6	-0.05		0.6	0.64	-0.9	0.87	0.67	0.63	0.89	0.56	0.83	0.63
Net Receivables	0.94	0.88	-0.61	-0.84	0.67	0.86	0.91	-0.35	0.89	0.95	0.86	0.92	0.64	0.6		0.77	-0.33	0.78	0.28	0.91	0.43	0.88	0.88	0.86
Long Term Debt Total	0.9	0.91	-0.74	-0.7	0.63	0.76	0.92	-0.45	0.79	0.86	0.77	0.91	0.41	0.64	0.77		-0.33	0.56	0.02	0.92	0.33	0.93	0.7	0.79
Deferred Long Term Liab	-0.21	-0.13	-0.28	0.74	-0.26	-0.69	-0.18	0.16	-0.68	-0.32	-0.73	-0.28	0.22	-0.9	-0.33	-0.33		-0.78	-0.77	-0.33	-0.8	-0.26	-0.57	-0.37
Property Plant Equipment	0.65	0.52	-0.07	-0.97	0.61	0.95	0.6	-0.29	0.94	0.74	0.94	0.65	0.36	0.87	0.78	0.56	-0.78		0.78	0.67	0.77	0.59	0.88	0.78
Short Term Investments	0.07	-0.09	0.5	-0.64	0.14	0.58	0.01	-0.01	0.53	0.19	0.56	0.07	0.03	0.67	0.28	0.02	-0.77	0.78		0.07	0.76	0.0	0.51	0.41
Net Invested Capital	0.97	0.96	-0.74	-0.79	0.73	0.83	0.97	-0.42	0.87	0.97	0.86	0.99	0.5	0.63	0.91	0.92	-0.33	0.67	0.07		0.38	0.98	0.83	0.82
Treasury Stock	0.31	0.17	0.28	-0.76	0.39	0.68	0.25	-0.15	0.67	0.45	0.73	0.38	-0.23	0.89	0.43	0.33	-0.8	0.77	0.76	0.38		0.26	0.79	0.45
Net Working Capital	0.97	0.99	-0.83	-0.71	0.61	0.76	0.98	-0.37	0.81	0.92	0.79	0.98	0.54	0.56	0.88	0.93	-0.26	0.59	0.0	0.98	0.26		0.75	0.83
Capital Stock	0.81	0.7	-0.3	-0.94	0.71	0.91	0.77	-0.33	0.93	0.89	0.93	0.84	0.31	0.83	0.88	0.7	-0.57	0.88	0.51	0.83	0.79	0.75		0.81
Intangible Assets	0.88	0.82	-0.56	-0.79	0.5	0.83	0.86	-0.25	0.84	0.85	0.82	0.85	0.66	0.63	0.86	0.79	-0.37	0.78	0.41	0.82	0.45	0.83	0.81

Click cells to compare fundamentals

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Beyond Air

Book Value Per Share Over Time

Beyond Common Stock Shares Outstanding

Common Stock Shares Outstanding

34.82 Million

At this time, Beyond Air's Common Stock Shares Outstanding is relatively stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Beyond Air is about 0.546 times. This is 132.12% lower than that of the Health Care Equipment & Supplies sector and 60.72% lower than that of the Health Care industry. The book value per share for all United States stocks is 99.97% higher than that of the company.

Beyond Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beyond Air's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Beyond Air could also be used in its relative valuation, which is a method of valuing Beyond Air by comparing valuation metrics of similar companies.

Beyond Air is currently under evaluation in book value per share category among its peers.

Beyond Fundamentals

	Return On Equity	-2.19
	Return On Asset	-0.63
	Operating Margin	(19.88) %
	Current Valuation	18.39 M
	Shares Outstanding	72.19 M
	Shares Owned By Insiders	16.35 %
	Shares Owned By Institutions	36.39 %
	Number Of Shares Shorted	1.56 M
	Price To Book	1.19 X
	Price To Sales	18.83 X
	Revenue	1.16 M
	Gross Profit	873.19 K
	EBITDA	(59.03 M)
	Net Income	(60.24 M)
	Cash And Equivalents	72.77 M
	Cash Per Share	2.43 X
	Total Debt	17.84 M
	Debt To Equity	0.05 %
	Current Ratio	8.41 X
	Book Value Per Share	0.55 X
	Cash Flow From Operations	(56.01 M)
	Short Ratio	1.62 X
	Earnings Per Share	(1.41) X
	Target Price	2.5
	Number Of Employees	107
	Beta	-0.18
	Market Capitalization	33.57 M
	Total Asset	56.96 M
	Retained Earnings	(239.7 M)
	Working Capital	32.37 M
	Net Asset	56.96 M

About Beyond Air Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Beyond Air's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beyond Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beyond Air 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.

Pair Trading with Beyond Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beyond Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beyond Air will appreciate offsetting losses from the drop in the long position's value.

Moving together with Beyond Stock

0.74	GH	Guardant Health	Pair Corr
0.85	LH	Laboratory	Pair Corr

Moving against Beyond Stock

0.73	DRIO	DarioHealth Corp	Pair Corr
0.65	VERO	Venus Concept	Pair Corr
0.49	CI	Cigna Corp	Pair Corr
0.42	EDAP	EDAP TMS SA	Pair Corr

The ability to find closely correlated positions to Beyond Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beyond Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beyond Air to buy it.

The correlation of Beyond Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beyond Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond Air moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Beyond Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Beyond Stock Analysis

When running Beyond Air's price analysis, check to measure Beyond Air'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 Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air 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