AAR price to book ratio AIR
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- 2.2×
- 10-year median
- 1.6×
- Against its 10-year history
- 87th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 0.5× to 3.5×
- Peer median
- 2.4×
AAR's price to book ratio is 2.2× as of Oct 23, 2026.
That is above its ten-year median of 1.6×, higher than on 87% of days in the last ten years.
Over that time it ranged from 0.5× in Mar 2020 to 3.5× in Jun 2026.
The median for 10 aerospace and defense stocks of a similar size is 2.4×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 2.2× | 2.2× | 3.5× |
| 2025 | 2.5× | 1.5× | 2.6× |
| 2024 | 1.8× | 1.7× | 2.3× |
| 2023 | 1.9× | 1.5× | 2.2× |
| 2022 | 1.5× | 1.2× | 1.8× |
| 2021 | 1.4× | 1.2× | 1.7× |
| 2020 | 1.4× | 0.5× | 1.7× |
| 2019 | 1.7× | 1.2× | 2.0× |
| 2018 | 1.4× | 1.4× | 1.8× |
| 2017 | 1.5× | 1.3× | 1.6× |
| 2016 | 1.3× | 0.8× | 1.5× |
| 2015 | 1.1× | 0.8× | 1.4× |
| 2014 | 1.1× | 0.9× | 1.3× |
| 2013 | 1.2× | 0.7× | 1.3× |
| 2012 | 0.8× | 0.5× | 1.1× |
| 2011 | 0.9× | 0.8× | 1.5× |
| 2010 | 1.4× | 1.0× | 1.5× |
Against its peers
Companies in Aerospace & Defense nearest AAR's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| AIRAAR | 2.2× |
| THOThor Industries | 0.8× |
| KRMNKarman | 11.5× |
| HOGHarley-Davidson | 1.0× |
| LOARLoar | 4.8× |
| ATROAstronics | 12.6× |
| SAROStandardAero | 2.6× |
| KTOSKratos Defense & Security Solutions | 2.1× |
| DRSLeonardo DRS | 3.3× |
| HIIHuntington Ingalls Industries | 2.0× |
| TXTTextron | 1.6× |
| Peer median | 2.4× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on AAR
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.