Air China Ltd
SSE:601111
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (3.3), the stock would be worth ¥7.97 (20% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.7 | ¥6.66 |
0%
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| 3-Year Average | 3.3 | ¥7.97 |
+20%
|
| 5-Year Average | 3.2 | ¥7.77 |
+17%
|
| Industry Average | 3.2 | ¥7.77 |
+17%
|
| Country Average | 2.4 | ¥5.97 |
-10%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Air China Ltd
SSE:601111
|
116.2B CNY | 2.7 | -65.6 | |
| BR |
|
Gol Linhas Aereas Inteligentes SA
BOVESPA:GOLL4
|
11.7T BRL | -0.7 | -2.1 | |
| US |
|
Delta Air Lines Inc
NYSE:DAL
|
44.2B USD | 2.2 | 9.9 | |
| US |
|
United Airlines Holdings Inc
NASDAQ:UAL
|
29.4B USD | 1.8 | 8 | |
| CH |
|
Kinarus Therapeutics Holding AG
SIX:KNRS
|
19.5B CHF | -119 795.4 | -1 404.3 | |
| UK |
|
International Consolidated Airlines Group SA
LSE:IAG
|
17.3B GBP | 3.3 | 5.9 | |
| IE |
R
|
Ryanair Holdings PLC
LSE:RYA
|
15.4B EUR | 2 | 8 | |
| US |
|
Southwest Airlines Co
NYSE:LUV
|
18.7B USD | 2.7 | 22.8 | |
| IN |
|
Interglobe Aviation Ltd
NSE:INDIGO
|
1.7T INR | 19.5 | 52.3 | |
| SG |
|
Singapore Airlines Ltd
SGX:C6L
|
19.9B SGD | 1.3 | 8.7 | |
| CN |
|
China Southern Airlines Co Ltd
SSE:600029
|
98.6B CNY | 2.8 | 115 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Air China Ltd
Glance View
Air China Ltd., founded in 1988, is not just any airline—it’s a key player in China's aviation tapestry and the world, carrying with it the prestige of being one of the largest air carriers in the nation. With its headquarters stationed in the bustling city of Beijing, Air China thrives in the heart of the economic powerhouse that is China. The company operates through both passenger and cargo segments, weaving a complex network of routes that connect China to the farthest reaches of the globe. By leveraging Beijing Capital International Airport, one of the busiest airports in the world, as its main hub, Air China taps into the constant flow of travelers and goods, capitalizing on China's increasing significance in international trade and travel. The airline's business model is intricately designed around a traditional hub-and-spoke system, maximizing route efficiency and connectivity. This allows Air China to harness economies of scale, optimizing fleet utilization and scheduling to meet the surging demands of both international and domestic travelers. Revenue streams extend beyond just ticket sales; the company also dips into various ancillary services, loyalty programs, and an expansive cargo division. With its strategic partnerships through codesharing agreements and membership in the Star Alliance – the first and largest global airline alliance – Air China not only expands its international footprint but also enhances its proposition as a competitive and trusted global carrier. In the rapidly evolving airline industry, Air China positions itself as a beacon of steady growth, navigating through the skies of uncertainty with a keen focus on modernization and customer satisfaction.